Isnin, 6 Mei 2013

NST Online Business Times : latest

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Business Times : latest


S&P 500 edges to new closing high

Posted: 06 May 2013 04:53 PM PDT

NEW YORK: US stocks closed mixed Monday, with banking giant Bank of America advancing strongly on news of a key mortgage securities settlement.

The broad-based S&P 500 edged to a new all-time closing high, rising 3.08 (0.19 per cent) to 1,617.50.

The Dow Jones Industrial Average slipped 5.07 (0.03 per cent) to 14,968.89. The tech-rich Nasdaq Composite Index rose 14.34 (0.42 per cent) to 3,392.97.

Trading was subdued amid a lack US economic data, a sharp contrast to Friday when a strong April jobs report drove major gains in the leading indices.

Stocks also got an upward boost from fresh comments by European Central Bank President Mario Draghi, who said the ECB could take additional steps if economic conditions warrant, said Peter Cardillo of Rockwell Global Capital. The ECB last week cut its benchmark interest rate to boost growth in the recession-mired eurozone.

On the corporate front, Bank of America and MBIA announced an agreement to settle a dispute over mortgage-backed securities, with BoA set to pay US$1.7 billion to the insurer. The agreement, which requires approval by authorities, would remove a cloud of legal uncertainty surrounding the firms.

Bank of America gained 5.2 per cent; MBIA soared 45.4 per cent.

Meat processor Tyson Foods sank 3.4 per cent after missing earnings forecasts by nine cents per share. The company said it withstood "adverse" seasonal conditions in its fiscal second quarter and looked forward to a better performance in the second half of the year.

Food service company Sysco Corporation gave up 1.0 per cent after missing earnings forecasts by three cents per share. Chief executive Bill DeLaney cited "economic and weather related headwinds."

Crestwood Midstream Partners LP rose 3.6 per cent while Inergy LP rose 7.9 per cent after the two firms announced a US$7 billion merger. The two companies, which specialise in natural gas storage and processing, said the merger would take advantage of new opportunities with the natural gas shale boom. -- AFP

Kredit: www.nst.com.my

NST Online Top Stories - Google News

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Top Stories - Google News


FBI: Raid of Minn. Home Disrupted... - ABC News

Posted: 06 May 2013 09:17 AM PDT

The FBI says a potential terror attack that it believes was disrupted by a mobile home raid was in its "planning stages" and the target was believed to be in western Minnesota.

Buford Rogers was arrested Friday after a search of the 24-year-old's Montevideo home turned up Molotov cocktails, suspected pipe bombs and firearms.

FBI spokesman Kyle Loven wouldn't elaborate Monday about the nature or target of the alleged plot, but says authorities believe there "would have been a localized terror attack, and that's why law enforcement moved quickly."

The FBI says it believes authorities potentially saved the lives of several local residents. The investigation is ongoing.

Rogers is charged with one count of being a felon in possession of a firearm. It's not clear if he has an attorney.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

The FBI believes "a terror attack was disrupted" when authorities arrested a man after they converged on a mobile home in western Minnesota that contained Molotov cocktails, suspected pipe bombs and firearms, the agency said Monday.

Buford Rogers, 24, was arrested Friday and charged with one count of being a felon in possession of a firearm. He remains in federal custody and it is not clear if he has an attorney.

In a news release Monday, the FBI said it believes "the lives of several local residents were potentially saved" by the search and arrest. The agency said the terror plot was discovered through analysis of intelligence gathered by local, state and federal authorities. The statement doesn't offer further details about the extent or manner of the alleged plot.

"Cooperation between the FBI and its federal, state, and local partners enabled law enforcement to prevent a potential tragedy in Montevideo," Christopher Warrener, the special agent in charge of the FBI office in Minneapolis, said in Monday's release.

According to a federal affidavit obtained by The Associated Press on Friday, FBI agents from the domestic terrorism squad searched the property at the mobile home park in Montevideo and discovered the Molotov cocktails, suspected pipe bombs and firearms. The affidavit said Buford was there at the time of the search, and one firearm recovered from Buford's residence was a Romanian AKM assault rifle.

In an interview with authorities, Rogers admitted firing the weapon on two separate occasions at a gun range in Granite Falls, the affidavit said. Rogers has a past conviction for felony burglary and is not allowed to have a firearm.

Rogers is expected to make his initial appearance in federal court this week.

Rogers' 2011 felony burglary conviction stems from an incident in Lac qui Parle County. He also has a 2009 misdemeanor conviction for dangerous handling of a weapon in Hennepin County, as well as other criminal violations, according to online court records.

Could immigration bill set off another backlash? - Wall Street Journal

Posted: 06 May 2013 08:33 AM PDT

WASHINGTON — As a Senate committee prepares to begin voting this week on far-reaching immigration legislation, advocates are watching warily to see whether relatively tame opposition balloons into the kind of fierce resistance that killed Congress' last attempt to overhaul the system.

Last time around, in 2007, angry calls overwhelmed the Senate switchboard and lawmakers endured raging town hall meetings and threats from incensed constituents. The legislation ultimately collapsed on the Senate floor.

"I've been through this battle, and it's ugly," said former Sen. Trent Lott, R-Miss., who supported the bill. "My phones were jammed for three weeks and I got three death threats, one of which I turned over to the FBI. So it's rough business."

Supporters of the immigration bill brought forward last month by a group of four Republican and four Democratic senators have been cautiously optimistic about their prospects because of factors including public support for giving citizenship to immigrants, a large and diverse coalition in support of the bill, and a growing sentiment among Republican leaders that immigration must be dealt with if they are to regain the backing of Hispanic voters.

Backers have been working hard to build alliances and strategies aimed at avoiding the mistakes of 2007, when critics largely defined the bill and some supporters ended up turning against it.

Opponents acknowledge that supporters started out better organized and mobilized than last time around, and they also anticipate that outside groups pushing the legislation — including efforts headed by New York Mayor Michael Bloomberg and Facebook founder Mark Zuckerberg — will outspend them. Supporters include large and influential groups including the U.S. Chamber of Commerce, AFL-CIO and the Catholic Church, while opponents include lesser-known think tanks or advocacy organizations such as NumbersUSA, the Federation for American Immigration Reform and the Center for Immigration Studies. Both sides have already begun running ads.

But critics also have important grass-roots influence, including from talk radio hosts who were instrumental in defeating the bill in 2007, and opponents argue that as the public absorbs the content of the legislation, the tide will turn against it. They say that there are already signs that it's happening. Although conservative commentators on Fox News Channel and elsewhere have been more muted so far than in 2007, some talk radio hosts including Mark Levin and Rush Limbaugh have begun to voice deep unease about the bill despite the efforts of its conservative standard bearer, Sen. Marco Rubio, R-Fla., to sell the legislation to them and other conservative opinion leaders.

"The supporters promoted the bill aggressively before anybody saw the language, and certain Republicans and conservative voices sort of held their fire, but that's beginning to change," said Sen. Jeff Sessions, R-Ala., who was a leading voice in the Senate against the bill in 2007 and is reprising that role this time around, making floor speeches, issuing press releases and holding briefing calls with reporters to argue that the bill would unlock a much larger volume of immigration into the U.S. than advertised, to the detriment of U.S. workers and jobs.

"It's going to be like that mackerel in the sunshine — the longer it's out there the worse it smells," Sessions said.

The bill would aim to boost border security, fix legal immigration and worker programs, require all employers to check their workers' legal status and offer eventual citizenship to the estimated 11 million immigrants already living in the country illegally.

Joyce Kaufman, a host on a Florida radio station, WFTL, said that opposition to the bill was soft at first but grows daily.

"Yes, we believe this is amnesty," Kaufman said. "Citizen activists are outraged."

Lott said that supporters of the legislation still haven't come up with an argument as concise and effective as that one word — "amnesty" — from opponents. He said he's spoken with Rubio, among others, to make clear that supporters of the bill need to hone their arguments.

"Last time our explanation was three paragraphs. Theirs was a word," Lott said. When that happens, he said, "You're dead."

The Democratic-led Senate, where the Judiciary Committee takes up the bill on Thursday, is already going to be a tough challenge. But if the bill does pass the Senate, opponents are betting it gets stopped in the Republican-led House. A bipartisan group of House lawmakers has been promising for months to release their own bill mirroring elements of the Senate legislation but taking a tougher tack. So far they haven't delivered.

Meanwhile, to the dismay of immigration advocates, the chairman of the House Judiciary Committee has announced plans to move forward with individual, single-issue immigration bills, rejecting the comprehensive approach in the Senate that's backed by President Barack Obama, who's made immigration legislation a top second-term priority. The legislation was also a priority in 2007 for then-President George W. Bush, but he was unsuccessful in persuading Republican lawmakers to get behind the bill, and Democrats who at the time controlled Congress were divided, too.

In the 2007 debate, a turning point came when the conservative Heritage Foundation released a report saying that the legislation would cost taxpayers $2.6 trillion, including benefits to immigrants and other expenditures. Although the analysis was disputed it carried weight with GOP lawmakers. Now under the leadership of former Sen. Jim DeMint, R-S.C., another lead opponent of the legislation in 2007, Heritage was releasing an updated version of that report on Monday claiming that the new bill costs a whopping $6.3 trillion. That's mostly from more than $9 trillion in government benefits Heritage says would go to newly legalized immigrants over their lifetimes, only partly counterbalanced by $3 trillion they would pay in taxes.

In a sign of how supporters of the bill are working hard not to repeat mistakes from the past, conservative groups that support the legislation sought in advance to pre-empt the Heritage report, with the Cato Institute deriding it ahead of time as "fatally flawed," and Cato and others arguing that immigration reform would boost the economy by growing the labor market. Nonetheless officials with Heritage argue their report could have the same impact this time around as in 2007.

"There's been a lot of posturing, a lot of talk. We haven't really gotten to the heart of the debate yet," said Dan Holler, communications director for Heritage Action for America, the Heritage Foundation's activist arm. "We have the right policy, the numbers are going to be there, and the debate is going to shift. And no amount of ads will be able to shift it back."

___

Follow Erica Werner on Twitter: https://twitter.com/ericawerner

—Copyright 2013 Associated Press
Kredit: www.nst.com.my

Ahad, 5 Mei 2013

NST Online Top Stories - Google News

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Top Stories - Google News


Limousine catches fire on Calif. bridge, killing five inside - Chicago Tribune

Posted: 05 May 2013 09:01 AM PDT

A limousine caught fire on the San Mateo Bridge overnight, which left five women dead.


(Reuters) - A stretch limousine traveling across a bridge in the San Francisco area caught fire, killing five passengers and injuring four others, police said on Sunday.

The limo was carrying nine female passengers late on Saturday night when the driver saw smoke coming from the back of the vehicle. He pulled over on the San Mateo-Hayward Bridge but the limousine suddenly burst into flames, trapping five passengers inside, California Highway Patrol Officer Amelia Jack told KGO-TV.

Four other passengers and the driver managed to escape.

All of the victims were women in the their 30s, Jack said.

Authorities are investigating the cause of the fire. There were no early indications the limousine was involved in an accident, she said.

(Reporting by Kevin Gray; Editing by Sandra Maler)

Referee Punched in Face by Teen Player Dies - fox8.com

Posted: 05 May 2013 09:00 AM PDT

(Courtesy: KTXV)

(Courtesy: KTXV)

From Jackie Castillo, CNN

(CNN) — A referee for a recreational soccer league who was punched in the face by a teenager has died, police in Salt Lake City said.

Ricardo Portillo, 46, was refereeing a game in the Salt Lake City suburb of Taylorsville on April 27 when he cited a player for an infraction and issued him a "yellow card."

In soccer, a yellow card is a caution to the player; a second results in his ejection from the game.

The decision, police say, prompted the 17-year-old player to turn around and punch Portillo in the face.

At first, authorities thought Portillo suffered only minor injuries from the assault.

But after he was taken to a hospital, doctors discovered he had suffered serious internal head injuries, police said.

For seven days, he remained in critical condition.

"He loved soccer," his daughter Johana Portillo told CNN's Jake Tapper on Friday. "We just never thought this was going to happen. He loved what he did and it was his passion."

She added: "The doctor says only a miracle will bring my daddy back."

On Saturday night, Portillo died from his injuries.

Authorities will conduct an autopsy.

Teen in juvenile detention

As for the teenager, he remains in juvenile detention.

Police initially charged him with aggravated assault. But with Portillo's death, authorities expect to upgrade the charges.

Officials have not released the teenager's name because he is a juvenile.

The incident took place during a game of Fut International, a Hispanic soccer league for children between ages 5 and 17.

League president Mario Vasquez told CNN affiliate KUTV he didn't know the suspect personally, but was not aware of other incidents involving the player.

But, he said, the league has a no-tolerance policy and kicks out players if they engage in violence toward each other, referees or parents.

Similar incident in the Netherlands

The incident brings to mind a similar attack in the Netherlands in December.

In that incident, police charged two 15-year-olds and a 16-year-old who beat a 41-year-old linesman during an amateur soccer game.

The linesman's son was playing in the game when the incident occurred — and witnessed the attack.

The linesman, Richard Nieuwenhuizen, fell into a coma and died the next day.

Kredit: www.nst.com.my

Sabtu, 4 Mei 2013

NST Online Top Stories - Google News

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Top Stories - Google News


Sources: US believes Israel has conducted an airstrike into Syria - CNN International

Posted: 04 May 2013 08:13 AM PDT

STORY HIGHLIGHTS
  • First on CNN: U.S. officials say Israel conducts airstrike in Syria
  • The U.S. does not believe Israeli warplanes entered Syrian airspace to strike
  • Sources say a strike likely occurred Thursday or Friday
  • Lebanese president condemns reported incursions

(CNN) -- U.S. officials believe Israel has conducted an airstrike into Syria, two U.S. officials told CNN.

U.S. and Western intelligence agencies are reviewing classified data showing Israel most likely conducted a strike Thursday or Friday, both officials said. This is when the United States collected data showing Israel was flying a high number of warplanes over Syria's neighbor, Lebanon.

CNN was first to report news of the strike.

One official said the United States could not confirm the data it had collected represented the warplanes that conducted a strike.

Based on initial indications, U.S. officials said, they do not believe Israeli warplanes entered Syrian airspace to conduct the strikes.

Both officials said there is no reason to believe Israel targeted a chemical weapons storage facility. The Israelis have long said they would strike at any targets that prove to be the transfer of any kinds of weapons to Hezbollah or other terrorist groups, as well as at any effort to smuggle Syrian weapons into Lebanon that could be used to threaten Israel.

The Lebanese army website listed 16 flights by Israeli warplanes into Lebanon's airspace from Thursday evening through Saturday morning local time. And an Israeli surveillance plane entered Lebanese airspace on Friday and left Saturday morning, it said.

The reported incursions provoked a condemnation by Lebanon's president, Gen. Michel Sleiman, the official National News Agency reported.

"Sleiman considered such violations as a continuation of the threatening policy adopted by Israeli enemy officials against Lebanon," it said.

The Israeli military had no comment. But a source in the Israeli defense establishment told CNN's Sara Sidner, "We will do whatever is necessary to stop the transfer of weapons from Syria to terrorist organizations. We have done it in the past and we will do it if necessary the future."

California wildfires: Homes still threatened but none destroyed - Los Angeles Times

Posted: 04 May 2013 08:08 AM PDT

Although a 30,000-acre wildfire in Ventura County continues to threaten thousands of homes, only 15 residences have been damaged and none have been destroyed, officials said Saturday.

Evacuations remain in effect for several areas in Sycamore and La Jolla canyons, Broom Ranch and Hidden Valley, officials said. Thick white smoke clouds the entire region as firefighters and ground crews continue to battle the blaze.                               

Aided by cooler temperatures and rising humidity levels, firefighters managed to make significant progress on the wildfire, which erupted on Thursday and is now 30% contained. The cause of the fire remains under investigation.                                   

The National Weather Service lifted its red-flag warnings Friday evening, saying that weather conditions were no longer ripe for wildfires. Cooler temperatures are expected throughout the weekend, and humidity also should rise.

Inland areas should experience a 15- to 20-degree drop from Friday's highs going into the weekend, said Bonnie Bartling of the weather service. Temperatures in coastal areas are expected to top out at 70 degrees with a marine layer crawling over Los Angeles County.

A more dramatic cooling should take place Sunday with temperatures dropping to the mid-60s with possible showers helping firefighters out.

Elsewhere in the region, firefighters quickly knocked down brush fires that threatened homes in Glendale and the San Gabriel Valley suburb of Walnut.

Glendale officials credited the clearing of flammable brush and a decisive air attack as being crucial in gaining the upper hand on that 75-acre blaze, which scorched the Chevy Chase Canyon area north of the 134 Freeway.

"We hit it quickly," Glendale spokesman Tom Lorenz said. The city's firefighters, Lorenz said, had been preparing and planning for brush fires due to the recent high winds.

Los Angeles County firefighters took an hour to knock down a five-acre fire that threatened homes in the 600 block of North Silver Valley Trail in Walnut, a suburb of 30,000 near Diamond Bar. Fire Inspector Quvondo Johnson said about 200 firefighters attacked the blaze on the ground and by air.

"We didn't play," he said.

In the Springs fire, about 4,000 homes and 300 commercial properties have been threatened, according to a recent tally from the California Department of Forestry and Fire Protection, with five commercial properties damaged and another 25 outbuildings destroyed.  

ALSO:

Los Angeles regional weather forecast

Wildfires slow commutes in north L.A. County 

California wildfires: Cooler weather, rain helps fire fight

christine.maiduc@latimes.com

Kredit: www.nst.com.my

Jumaat, 3 Mei 2013

NST Online Business Times : latest

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Business Times : latest


US stocks surge on jobs report

Posted: 03 May 2013 06:09 PM PDT

NEW YORK: US stocks soared to new closing records on Friday after a strong US jobs report revived confidence in the economic recovery.

The Dow Jones Industrial Average was up 142.38 points (0.96 percent) to 14,973.96, after having breached the 15,000 mark earlier for the first time.

The S&P 500 finished at 1,614.42, up 16.83 points (1.05 percent), also setting a new record and crossing the 1,600 mark for the first time.

The tech-rich Nasdaq Composite Index ended at 3,378.63, up 38.01 points (1.14 percent).

The rise followed a US Labor Department report that showed the US economy added 165,000 jobs in April, well above market expectations.

Upward revisions for the prior two months also showed 114,000 more jobs were added than initially estimated.

"The reason the market is heading higher is because most people on Wall Street expect the fundamentals to improve as the year progresses," said Sam Stovall, chief investment strategist at Standard & Poor's.

Industrial companies were among the biggest gainers in the Dow, including Caterpillar (+3.2 percent), 3M (+1.7 percent) and Alcoa (+1.9 percent).

Insurer AIG gained 5.7 percent after reporting earnings late Thursday of US$1.34 per share, well above the 87 cents projected by analysts.

Food giant Kraft jumped 5.1 percent after the company beat earnings expectations in its quarterly report and said it was on track to "deliver every element of our 2013 financial guidance."

The company saw strong consumption growth in its Kraft Natural and Velveeta cheese brands.

Online networking firm LinkedIn sank 12.9 percent despite reporting earnings that bested expectations. Wall Street was unhappy with its second-quarter revenue forecast of US$342-US$347 million, down from the US$359 million projected by analysts. -- AFP

Kredit: www.nst.com.my

NST Online Top Stories - Google News

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Top Stories - Google News


Thousands flee Calif. wildfires; naval base threatened - USA Today - USA TODAY

Posted: 03 May 2013 08:49 AM PDT

LOS ANGELES — A fast-growing wildfire along the Pacific Coast Highway northwest of Los Angeles that has already forced thousands of residents to flee the area jumped the roadway Friday morning, threatening parts of a premier U.S. naval installation.

Firefighters on the scene radioed that Naval Base Ventura County, which is backed up to the Pacific Ocean, should be advised that flames had leapt the iconic coastal highway that was the only barrier beween the fire and the facility.

The base said on its Facebook page that the airfield at Point Mugu remained open on a mission-essential basis and had not been evacuated, but base personnel were advised to stay indoors. Photos on the site showed smoke beginning to darken the skies at midmorning, but had not yet affected the housing area.

Kimberly Gearhart, public affairs officer at the base, issued a statement on Facebook page, but did not confirm that the fire had jumped the Pacific Coast Highway (PCH): "The base is NOT in immediate danger from the fire. If/when it crosses PCH, it will be far down the coast from NBVC Point Mugu,"

The naval base, with a population of more than 19,000 personnel, operates two runways, a sea-test range and deep-water port.

More than 10,000 acres of rugged, brush-covered terrain have been burned by the fire that began during the morning rush hour near the major highway and commuter route into Los Angeles' San Fernando Valley on Thursday.

Thousands of people have fled the area as the wildfire, which has damaged 15 homes, threatened 2,000 more and 100 businesses in its race toward Malibu.

Early Friday morning, the blaze was still raging and about 10% contained, local fire officials reported. Forecasters say winds gusting to 45 mph will hit Friday morning but taper off in the afternoon and cooling may begin by evening.

Tom Kruschke, Ventura County fire spokesman, said there is effectively a vast field of coals behind the flaming edges of the wildfire that could flare up when winds return.

"We're going to be at Mother Nature's mercy," Kruschke said.

He said high winds, high temperatures, low humidity, plus dry vegetation from the winter drought "adds up to a perfect storm for wildfire.''

California State University-Channel Islands, a school with nearly 5,000 students that opened in 2002, was evacuated. The Ventura County Fire Department said it had sent 20 fire engines to the campus to protect buildings as flames approached apartments on the eastern edge of the university campus.

Kruschke said that when firefighters first responded, the blaze was confined to 1 acre of brush by a major highway, U.S. 101, near Thousand Oaks and the Camarillo Springs community, but that it quickly expanded in size due to dry weather, high temperatures and winds gusting up to 50 miles an hour.

The cause of the fire is under investigation, he said.

State officials closed a 10-mile section of the Pacific Coast Highway between Las Posas Road in Ventura County and the Los Angeles County border because of the advancing flames.

More than 900 firefighters were battling the blaze. Earlier, TV news helicopter video showed recreational vehicles parked at a storage facility on fire. Separately, a farm equipment complex went up in flames, triggering small explosions of fire as the blaze engulfed containers of pesticides.

Ken Pimlott, director of the state Department of Forestry and Fire Protection, known as CalFire, said conditions are unusually dry for this time of year and create an environment in which fire, once triggered, spreads rapidly. He said much of California is experiencing dry conditions not normally seen until summer.

"The faucet just turned on with fire activity,'' he said in an interview. "We're going into a fire season in the beginning of May, with conditions we would normally see in mid- to late June.''

CalFire moved crews through the night, some to fires in Northern California and others into position around the Los Angeles area, he said.

A fire that broke out Wednesday near Banning in Riverside County was 40% contained by Thursday, with nearly 3,000 acres burned, CalFire said. Several fires were burning in the northern part of the state, including a blaze in Tehama County that had burned 2,000 acres and was only 10% contained, according to the department.

Contributing: Doug Stanglin, USA TODAY; Associated Press

NRA Gathering Stars Cruz, Palin, Santorum - Wall Street Journal

Posted: 03 May 2013 07:56 AM PDT

By Ben Lefebvre

The National Rifle Association is gathering in Houston Friday for its first annual meeting since successfully fending off a major push by President Barack Obama and a number of lawmakers to tighten the nation's gun laws.

An expected 70,000 members of the gun-owners association are arriving in the "Bayou City" for a gun expo and speeches. They'll vote for new NRA leaders have the chance to attend seminars ranging from tips on how to carry a concealed handgun to "advance sausage processing.'' The group says it is playing host to "nine acres of the latest and greatest in guns and gear."

The NRA is also using the event to flex its political muscles. The group bills Friday's Leadership Forum as "a critical campaign stop for any serious contenders for the White House, Congress or any of our nation's governorships who support our Second Amendment freedoms." A partial list of those speaking on Friday reads like a who's-who of presidential ambition, past and future: Texas Gov. Rick Perry, Louisiana Gov. Bobby Jindal, Sen. Ted Cruz of Texas, former Gov. Sarah Palin of Alaska and  former Sen. Rick Santorum.  All are Republicans.

Expect the speakers to warn that defenders of gun rights cannot become complacent after their recent victory in Congress, in which they turned back efforts by Mr. Obama and a largely Democratic set of senators to expand the number of gun-buyers subject to background checks. Democrats also unsuccessfully pushed a ban on semiautomatic rifles known as assault weapons, and a ban on large ammunition clips.

There may be cause for the NRA to remain on guard. Recent polling gives tentative signs that voters are unhappy with some of the senators who voted against an expansion of background checks. The Democratic firm Public Policy Polling, for instance, has found indications that Democratic Sens. Kay Hagan of North Carolina and Mary Landrieu of Louisiana, who are running for re-election next year in GOP-leaning states, helped their chances by backing broader background checks for gun sales.    PPP also pulled together data that, it says, suggest that senators who voted against the background-check expansion are seeing a backlash from voters.

So far, however, there is no sign that any of those senators is looking for a way to revisit any of the gun-control proposals. But the NRA is sure to warn that gun-control advocates will keep trying. They could point to this story, posted Friday morning by Politico, that says Vice President Joe Biden is gearing up for a new push.

Kredit: www.nst.com.my

Khamis, 2 Mei 2013

NST Online Business Times : latest

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Business Times : latest


KL shares open lower

Posted: 02 May 2013 06:47 PM PDT

Bursa Malaysia opened lower this morning, continuing its bearish trend from yesterday, on lack of buying interest ahead of the 13th general elections on Sunday, dealers said.

At 9.03am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 5.27 points lower at 1,708.19, after opening 1.92 points easier at 1,711.54.

Market breadth was negative with 39 gainers, 58 losers and 100 counters unchanged, 1,414 counters untraded and 32 others were suspended.

Turnover stood at 13.15 million shares worth RM11.78 million.

HwangDBS Vickers Research said the local bourse may hit a high note today, before polling on Sunday, with the benchmark FBM KLCI breaching its existing record level of 1,718.44 points and challenge the immediate resistance barrier of 1,720 points today.

"Giving investors a further boost is the overnight rise on Wall Street. US barometers were up between 0.9 per cent and 1.3 per cent following a drop in jobless claims and an interest rate cut by the European Central Bank," it said in a research note today.

The research house said stocks that could attract interest today included Digi, RHB Capital, UEM Land and YTL Corporation.

"Separately, Genting shares may come under pressure after its
Singapore-listed Genting Singapore's Jan-Mar quarterly results came in below expectation," it added.

On the score board, the Finance Index erased 32.73 points to 15,907.51, the Industrial Index lost 4.82 points to 2,853.79 and the Plantation Index fell 36.04 points to 8,040.54.

The FBM Emas Index gave up 30.03 points to 11,634.60, the FBMT100 lost 30.13 points to 11,484.40, the FBM Ace Index declined 2.23 points to 3,928.51 and the FBM Mid 70 Index slipped 11.47 points to 12,799.82.

Among actives, Daya Materials rose one sen to 21 sen, Systech and Malaysian Airline System was both flat at 8.5 sen and 36.5 sen, respectively.

Heavyweights, Maybank lost one sen to RM9.61, Axiata Group was unchanged at RM6.74 and CIMB Group shed one sen to RM7.69.-- Bernama

S&P 500 reaches new high

Posted: 02 May 2013 04:46 PM PDT

NEW YORK: The S&P 500 reached a new all-time high on Thursday, boosted by an expected European Central Bank interest rate cut and a surprisingly good US jobless claims report.

The S&P 500 rose 14.89 points (0.94 percent) to reach 1,597.59, narrowly above the previous record set Tuesday.

The Dow Jones Industrial Average gained 130.63 points (0.89 percent) to 14,831.58.

The tech-rich Nasdaq Composite Index rose 41.49 points (1.26 percent) to 3,340.62.

The gains were a reversal from Wednesday, when all three indices posted solid losses on weak US and Chinese economic data.

"Investors returned to the risk-trade after the ECB lowered its key interest rate in an effort to spur growth and pull the eurozone out of a recession," said Wells Fargo in a market note.

"An improvement in the employment picture is also helping lift the market."

New claims for US unemployment benefits -- an indicator of the pace of layoffs -- fell by 18,000 to 324,000, the lowest level since mid-January 2008.

General Motors increased 3.2 percent after reporting a 13.8 percent drop in first quarter earnings due to weakness in North America. Analysts were cheered by smaller-than-expected losses in GM's European operations

Facebook added 5.6 percent after reporting a 58 percent increase in first-quarter profit, fueled by mobile advertising growth. Facebook said its monthly active users rose 23 percent from a year ago.

Yelp, the online reviews site, jumped 27.4 percent after its first quarter sales beat analyst projections, with a68 percent gain, even as it still reported a net $4.8 million loss overall.

Credit-card firm Visa gained 5.7 percent after topping earnings expectations by 11 cents per share.

Kellogg dipped 1.8 percent after reporting an 11 percent decline in profits. The company reaffirmed its full-year profit forecast. -- AFP

Kredit: www.nst.com.my
 

NST Online

Copyright 2010 All Rights Reserved