Wolverton: Excited for CES 2014, for a change

4. ledna 2014 v 7:05
In recent years, some major tech companies have either avoided the show or reserved their biggest announcements for other venues, making me wonder if all the CES hubbub was worth it. But this year's show has a lot of promise because several newer technologies have matured enough to make a difference in consumers' lives -- or soon will. Here are some of the things I'm excited to see:Wearable technologies. The era of wearable tech got underway last year with the debut of Google (GOOG) Glass and a collection of "smart" watches, including the Pebble. As their name implies, these devices are worn on the body and resemble eyeglasses or watches, but they possess some of the same capabilities of smartphones. Typically, they can run or interact with apps and often can display short messages or even make phone calls or send messages. Numerous new wearable products are expected to be unveiled or showcased at CES, and many analysts think wearables will be the big story of the show.Convention organizers have devoted a special area to highlight 10 smart watch vendors. And we're likely to see a variety of new "smart" glasses that will attempt to steal some of the spotlight from Google Glass.The wearable market, which someday could include clothing or jewelry with embedded sensors and processors, is currently focused on smart watches and eyewear but is rapidly maturing. Already wearable products come in a range of price points, capabilities and designs, noted John Curran, a senior executive at Accenture's Communications, Media and Technology group. And manufacturers are improving the design and aesthetics of the products, which should encourage mainstream adoption."I think we're at a real inflection point where this goes from more niche really into the mainstream," Curran said.New TV tech. TVs have long had pride of place at CES. Every year, the show starts off with announcements of new models from the big television makers.

But television manufacturers have been flailing in recent years. Other than extra-large screens, few new TV technologies have drawn much interest from consumers. Stereoscopic 3-D technology, for instance, was a big bust.But new technologies that will be touted at CES could give TV sales a boost. Ultra-high-definition technology, or 4K, which offers super-sharp images on large-screen sets, is becoming more widespread and available at lower prices. Manufacturers are also likely to show off TVs with curved screens, which are supposed to offer a more immersive experience thanks to a wider viewing angle.I'm also looking forward to the latest in OLED TVs. These have the promise to eventually be razor thin, even to the point where they could be installed like wallpaper. And even 3-D could see a revival. Several companies are touting new technologies that provide 3-D viewing without the goofy glasses that helped undermine the demand for 3-D TVs in the past.3-D printing. This is another area that's likely to draw a lot of excitement and interest this year. The technology works somewhat like inkjet printers, but instead of printing lines of text with small dots of ink, 3-D printers deposit small amounts of plastic or other materials layer by layer to create solid objects, which can range from toys to car parts. Show organizers set up a special area for 3-D printing companies last year; this year, the area will be three times larger, with 27 companies represented.

As with wearable technologies, 3-D printing is looking like it could soon become a mainstream technology. Prices are coming down, machines are getting smaller and consumers are starting to discover more uses for them. And manufacturing companies such as MakerBot have come out with 3-D scanning technologies that allow users to make both digital and 3-D printed copies of real-world objects, such as a plastic animal model.The market reminds me of the advent of desktop publishing 30 years ago with the development of consumer-grade laser and inkjet printers. "It's really taken off," said Brian Blau, a consumer technology analyst at Gartner.The great unknown. Each year I find a handful of companies or technologies that are unexpectedly exciting -- or just downright cool. Last year, it was the giant 8K televisions, which offer 4 times the resolution of 4K TVs -- and 16 times that of today's high-definition sets. The images were so sharp that I could barely see any graininess even when within a few feet of them. Three years before, I saw Parrot's AR.Drone for the first time. Much more than a simple remote-controlled plane, the AR.Drone is essentially a flying robot, which can be flown with a smartphone and can be used to take pictures from above or to play "augmented reality" games, which overlay computer-generated objects on to images of the real world. The latest version can be programmed to fly from one point to another autonomously.
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Snapchat tweaks security after massive hack

4. ledna 2014 v 7:04
Snapchat will add new privacy features after a hack last week that exposed millions of phone numbers and user names from the popular photo- and video-sharing app.The company said in a blog post it will be updating the app to allow users to opt out of a "Find Friends" feature that uses their mobile phone number. They'll also be adding internal restrictions that will make it more difficult to employ the method hackers say they used to expose 4.6 million accounts."The Snapchat community is a place where friends feel comfortable expressing themselves and we're dedicated to preventing abuse," Snapchat said in the post, which did not include an apology to its users.On Tuesday, hackers posted user names and phone numbers, with the final two numbers redacted, to a website called SnapchatDB.info. The site had been suspended by its Web host but, by Friday, appeared to be back online with phone numbers and user names both partially disguised.The site made the data available for download and offered, by request, to consider releasing unredacted info, which matched the user names with the phone numbers associated with them.The hack appears to have been an effort to push Snapchat into improving its privacy protections.

"Our motivation behind the release was to raise the public awareness around the issue, and also put public pressure on Snapchat to get this exploit fixed," the hackers said in a statement released to news outlets. "It is understandable that tech startups have limited resources but security and privacy should not be a secondary goal. Security matters as much as user experience does."Last week, Gibson Security -- a group of "white hat" hackers, meaning they don't exploit the security gaps they find -- published what they said was code that would enable such a hack. The SnapchatDB group said Snapchat implemented "very minor obstacles" after that.In the blog post, Snapchat said it had added security measures after Gibson suggested in August that such a hack was possible, but that the group's Christmas Eve post had more details that made Snapchat's system easier to exploit.Sources told Business Insider last month that Snapchat has about 30 million monthly active users and more than 16 million daily users.
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Drone industry split over Amazon plans for aerial deliveries

4. prosince 2013 v 9:01
To Dustin Boyer, a San Francisco entrepreneur, the idea sounded familiar. Last year he pitched the idea of a "tacocopter" which would deliver fast food by drone.Though dismissed as a hoax by some, Mr Boyer insists that the idea is merely in "hover mode" as he waits for the regulatory environment to become clearer. Today, both tacocopter and Amazon's "Prime Air" plans are illegal in the US, along with all commercial drone use."What a lot of people don't realise is it's incredibly viable from a business model perspective," Mr Boyer says. "Amazon is going to make a tonne of moneyDrones themselves are not that expensive and they are only getting cheaper. You can deliver [packages] much faster at a lower marginal cost."Amazon had to announce a drone initiative long before its launch, Mr Boyer adds, because if it did not, a rival such as Google - which is already testing self-driving cars, a harder technical challenge than airborne autopiloting - would beat them to it.Rumours in Silicon Valley suggest Google is already working on its own UAV technology, though it is not clear for what purpose, while one Australian start-up is reportedly planning drone deliveries on college campuses early next year.However, Jonathan Downey is more cautious about Amazon's idea. As chief executive of Airware, which is developing autopilot "brains" for drones, he believes that using UAVs for delivery is something better suited to remote parts of Africa than dense, built-up environments such as US cities."We definitely think things are going to be delivered by drones," says Mr Downey. "Whether it's books and whether it's by Amazon I'm sceptical, certainly within the next three or four years."

Airware is working with the Massachusetts Institute of Technology and the Bill and Melinda Gates Foundation to deliver medicines and vaccines by drone in remote regions, with a pilot of a small network of vehicles planned for next year. "These are life-or-death scenarios," he says, and viable within a couple of years because there are few people in harm's way."In terms of the technology, a lot of what we're developing to deliver vaccines in Africa will end up being a significant portion of the technology that companies like Amazon use to deliver [in cities], even if that is in a more distant future than people would like to admit," he says, questioning whether people really need doorstep deliveries within 30 minutes of placing an order.Even supporters of Mr Bezos' scheme in principle admit that it will be difficult to put into practice."It's a powerful concept, but is at the intersection of the two hardest challenges in the drone world today: reliable sense-and-avoid technology and regulatory approval for autonomous flights over people or built-up areas," said Chris Anderson, chief executive of 3D Robotics, which raised $30m in September to expand its drone manufacturing from personal to commercial applications.Like others in the US drone industry, Mr Anderson is hopeful that Amazon's involvement will help to put pressure on American aerospace regulators. While the Federal Aviation Authority has allowed some commercial drone flights to take place, it will not issue final guidelines for the technology until the latter half of 2015 - a date that has already been delayed."We're really excited because we get a big player to basically sponsor the validity of having a drone business," says Christian Sanz, chief executive of Skycatch, another UAV start-up. "It makes it easier for us to fight the war with FAA."

However, not everyone in the drone industry is on the same side of that war.Mr Sanz is pushing for "air highways" that will allow drones to fly within controlled paths above cities, dropping off packages to designated zones, such as the lockers already used for collection by e-commerce companies such as Amazon and eBay. Mr Anderson says these "drone zones" are a "very smart" idea.But Mr Boyer believes that the concept is flawed, because battery life and capacity restrictions mean the octocopters demonstrated by Mr Bezos are better suited to short-range flight with lighter packages than truck-sized loads."It's actually the thing that makes the least sense for drones to do," Mr Boyer says of the air highways plan, which Skycatch hopes to test over a 10-block zone of San Francisco. "Right now there is a loose collection of drone manufacturers and small special-interest groups that the FAA doesn't really care about. Amazon being involved really changes the game."
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Nasdaq Briefly Tops 4,000 as Markets Take a Break

26. listopadu 2013 v 10:28
The stock market paused on Monday, ending with little change after a string of records in recent weeks.Investors had little company-specific news to digest and trading was light ahead of the Thanksgiving holiday on Thursday. Still, the market felt the impact of broader geopolitical news; oil prices and energy stocks fell after the United States and other world powers reached a deal on Sunday to limit Iran's nuclear program.The slow day represented a lull in the market's strong run-up. Stocks have climbed this year as a combination of solid corporate earnings, a strengthening economy and easy-money policies from the Federal Reserve have drawn investors to stocks. Equities have also gained because they offer an attractive alternative to bonds, where interest rates remain close to record lows.Despite light trade, Monday did feature a market milestone. The Nasdaq composite index rose as high as 4,007.09, a level it has not touched since Sept. 7, 2000, toward the end of the dot-com boom. The Nasdaq ended up 2.92 points, or less than 0.1 percent, at 3,994.57.The Dow Jones industrial average rose 7.77 points, or less than 0.1 percent, to 16,072.54.The Standard & Poor's 500-stock index, however, fell 2.28 points, or 0.13 percent, to 1,802.48. On Friday, the S.&P. 500 closed above 1,800 for the first time.The biggest drags on the S.&P. 500 were energy stocks. Sunday's deal with Iran could increase global oil supplies by making it easier for Iran to sell its crude on the global market. That could push oil prices lower in the long term.

Crude oil fell 75 cents, or 0.8 percent, to $94.09.In turn, energy companies including Halliburton, Transocean and Schlumberger all fell 2 percent or more.Even with Monday's slight decline, the S.&P. 500 has risen seven straight weeks and is up 26.4 percent in 2013, its best performance in 15 years.But an increasing number of investors believe that stocks have run their course for 2013 and are due for a pullback soon. "I would like to see this market take a breather," said James P. Lauder, a fund manager for Wells Fargo Advantage Dow Jones Target Date Funds.While the Nasdaq is flirting with territory it hasn't seen in 13 years, the index is still down roughly 25 percent, not adjusted for inflation, from its record high of 5,048.62, set on March 10, 2000. The Nasdaq, although still technology-heavy, is dominated by highly profitable companies.Trading was light on Monday and is expected to remain limited all week. Stock and bond markets are closed on Thursday in observance of Thanksgiving. On Friday, the New York Stock Exchange and Nasdaq will close early.Approximately 2.98 billion shares traded hands on the New York Stock Exchange on Monday, below the 3.35 billion that is typically traded on an average day.Among the stocks on the move, Wal-Mart Stores rose 62 cents, or 0.78 percent, to $80.43, after the company said its chief executive was stepping down.Alcoa climbed 35 cents, or 3.79 percent, to $9.59, after Goldman Sachs upgraded the company to buy from neutral, citing potential growth in its aluminum products business.DaVita HealthCare Partners, the dialysis services provider, shot up $5.01, or 8.86 percent, to $61.55, after saying that Medicare reimbursement rates would not be cut next year as analysts had expected.
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A Succession At Walmart Puts an Insider At the Helm

26. listopadu 2013 v 10:26
"Doug is uniquely positioned to lead our growing global company and to serve the changing customer, while remaining true to our culture and values," S. Robson Walton, chairman of Walmart's board, said in a statement. "He has broad experience - with successful senior leadership roles in all of Walmart's business segments - and a deep understanding of the economic, social and technological trends shaping our world."Mr. Duke, 63, has been the company's chief executive since 2009, and was vice chairman from 2005 to 2009.His departure had been rumored for several months, industry watchers said. "The question was not whether, but when," said Craig Johnson, president of Customer Growth Partners, a retail consulting and research firm. The choice to name Mr. McMillon - who will be the youngest chief executive to lead the company since its founder, Sam Walton - elevates an insider with deep roots in the company. He joined Walmart in 1984 as a summer associate in a distribution center, then rejoined in 1990. From 2006 to 2009, he was president of Sam's Club, Walmart's warehouse stores division.Mr. McMillon's new salary and compensation package were not revealed on Monday. His salary for the 2013 fiscal year was nearly $930,000, while his total compensation was slightly over $9.5 million, according to the company.Mr. Duke's salary was about $1.3 million, and his total compensation was roughly $20 million. After retiring, he will stay on as an adviser for a year."The opportunity to lead Walmart is a great privilege," Mr. McMillon said in the company's statement. "Our company has a rich history of delivering value to customers across the globe and, as their needs grow and change, we will be there to serve them."At the shareholders' meeting in 2012, Mr. McMillon told a story of receiving a Post-it note about the price of trilene fishing line from Walmart's founder, "Mr. Sam," in 1991, on his first day on the company's merchandising team. Kmart's price, the note said, was just a bit lower than Walmart's."This is from Sam Walton," Mr. McMillon's new boss said, he recounted. "Have you fixed it?"At Walmart, a connection to "Mr. Sam" is currency.Mr. McMillon's main competitor for the job, industry experts said, was probably William S. Simon, the chief executive of Walmart U.S. Mr. Simon joined Walmart in 2006 from Brinker International, a company that owns restaurant franchises like Chili's Grill and Bar.

"It looks like they took an insider over an outsider," said Sucharita Mulpuru, an analyst at Forrester."Bill Simon joined more recently, he had more of a restaurant background," Ms. Mulpuru said. "Doug McMillon is more of a company lifer, so to speak. He's been at the company a long, long time."In recent years, Ms. Mulpuru said, the international arm of Walmart has been a greater engine of growth than either the domestic division or Sam's Club, and since 2009 Mr. McMillon has been running the international operation. In October, the company announced it would open up to 110 new facilities in China by 2016.In recent years, Walmart's international division has been touched by scandal, though Mr. McMillon has not been implicated. The Justice Department has been investigating whether Walmart violated the Foreign Corrupt Practices Act in Mexico and other countries, since The New York Times reported last year that officials at Walmart de Mexico paid bribes to grease the wheels of expansion.Brooke Buchanan, a Walmart spokeswoman, said the activities being investigated preceded Mr. McMillon's leadership of Walmart International.In its most recent quarterly earnings release, Walmart acknowledged that it faced headwinds going into the holiday season. With its core customers still encountering stagnant wages and persistent unemployment, the company trimmed its yearly earnings forecast.In addition to those challenges, Mr. McMillon will take Walmart's helm as the retailer faces challenges from organized labor. Unions and their allies are threatening to stage protests at 1,500 Walmart stores across the nation on Black Friday to demand that the company increase wages.And last week, the general counsel of the National Labor Relations Board accused Walmart of illegally firing or otherwise retaliating against workers in 14 states for pushing for higher wages.
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Nokia World reveals phablets and tablets

23. října 2013 v 10:25 | machine
Nokia has unveiled its first phablets - extra-large phones - as well as its first tablet computer.The Windows Phone handsets introduce the ability to change which objects in a photo are in focus after it is taken.The Windows RT tablet has a 4G data chip, unlike Microsoft's recently announced Surface 2.Nokia World in Abu Dhabi is likely to be remembered as the Finnish firm's last major event before it completes the sale of its hardware unit.Microsoft agreed to buy the business for 5.4bn euros ($7.4bn; £4.6bn) in a deal which the companies have said should be finalised by early 2014.One analyst said the sale should aid the US firm's efforts to promote its mobile platforms against the market leaders, Android and iOS."For the last two years Microsoft and Nokia's marketing efforts have jarred against each other at times - having one big effort should be better than two smaller ones," said Martin Garner, from the consultancy CCS Insight."Microsoft can also spend a lot more marketing the devices than Nokia could. That does seem to be a key criteria - both Samsung and Apple's spends are very high indeed."Microsoft's share of the handset and tablet markets is growing but from a relatively low level, according to market research firm Gartner.Windows Phone took a 3.3% share of smartphone sales in the April-to-June quarter, said the firm, with Nokia proving the most popular brand.

Nokia showed off two phablets at the UAE launch. Both the Lumia 1520 and Lumia 1320 feature 6in (15.2cm) displays, allowing extra rows of apps to be displayed on their home screens than possible on smaller models.The firm said that the extra space would also make it easier to use the phones' touchscreen keyboards, suggesting this would appeal to business users who used productivity software.Nokia added that the inclusion of four microphones in the higher-end 1520 should appeal to consumers interested in making recordings of school concerts and other events with multiple sources of sound.In addition, a new Beamer app will allow the phones to stream the contents of their screens onto to a web browser on a separate display. It works by sending data via Nokia's computer servers.Another new app - Refocus - lets owners determine which parts of a photograph are in focus and which are blurred after it is taken. The phones achieve this by taking a series of images in quick succession at different focus lengths rather than replicating the light field effect captured by a Lytro camera.Blackberry is among the other companies to have recently launched a phablet, but one expert said doubts about the Canadian firm's future meant that its existing users might be tempted to switch."There's definitely a chance for Nokia to gain ground, of course everyone else is interested in that space too," said Mr Garner."It's not a slam dunk, but Microsoft is as well placed as others - better in some respects."

The Lumia 2520 becomes the only Windows RT tablet made by a manufacturer other than Microsoft.Dell, Asus, Lenovo, Acer and Samsung had all initially backed the platform only to later change tack.The operating system runs on an ARM-based chip allowing it to offer superior battery life to the full Windows 8 system running on tablets powered by x86 processors, but it does not support as many programs.Nokia's tablet is slightly more compact than Microsoft's version and also distinguishes itself by supporting an optional 4G Sim card.However, bearing in mind Microsoft has already taken a $900m writedown after weak sales of its original Surface RT tablet, one analyst questioned whether the firm would want to produce two competing models."I don't think that having two devices in that space makes a lot of sense," said Carolina Milanesi, consumer devices analyst at Gartner."I believe Microsoft may keep the Nokia model on as a cheaper consumer-targeted device focused on media consumption and gaming in order to capture more market share, and also keep on the more expensive Intel-based Surface Pro - but it will phase out the Surface 2 RT model."Nokia also added three models to its Asha range of low-end handsets targeted at emerging markets and shoppers on a budget. They run Nokia's proprietary Series 40 OS rather than Windows Phone.The most expensive of the devices, the Asha 530, now supports 3G data in addition to 2G, allowing faster internet access.Nokia has suggested Microsoft would bring its Skydrive cloud storage service and ability to link up to Xbox games consoles to the handsets following the takeover. But one market watcher questioned their future."There's still quite a lot of demand for Asha in developing markets where the phones offer brand-value against other low-cost mass-market handsets," said Chris Green from the Davies Murphy Group consultancy.
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Roma rout Bologna to back on top of Serie A

11. října 2013 v 4:56
Roma thrashed Bologna 5-0 to reclaim the top spot of the Italian Serie A on Sunday.Roma's sixth successive victory came smoothly after they went ahead on eight minutes when Bologna's goalkeeper Gianluca Curci parried Miralem Pjanic's free-kick and Alessandro Florenzi raced ahead to head home.Gervinho got Roma's second nine minutes later with a powerful low effort, before Mehdi Benatia's close-range volley gave them a 3-0 half-time lead.Close-season signing Gervinho scored his second of the match just past the hour mark, and Adem Ljajic completed the rout in the closing stages.With the win, Rudi Garcia's men leapfrogged Napoli and Juventus back into first place in the table.Wholesale Bikini&Gallus cheap Bikini&GallusRoma head coach Rudi Garcia was pleased to see his side play with "joy and enthusiasm"."There is no such thing as a perfect team in football, as there is always something to improve," he said. "The players went out there with joy and enthusiasm. We know there are talents in this squad and we saw them tonight."Earlier in the day, champions Juventus beat Torino 1-0 in the Turin derby thanks to a contraversial goal from Paul Pogba.Buy Cheap Abercrombie JewelryThe defending champions had to wait until the 54th minute when the France international headed home a rebound from close range after Carlos Tevez had nodded Leonardo Bonucci's flick onto the bar, with replays suggesting that the Argentine striker was in an offside position.

Meanwhile, Inter extended their unbeaten start to the season at Cagliari, but could only pick up a 1-1 draw despite Wholesale Bikini cheap Bikinihaving the better of the contest.Ishak Belfodil and Ricky Alvarez both went close for Inter in the first half, but it was the latter's half-time replacement - Mauro Icardi - who eventually opened the scoring.With 75 minutes on the clock, the Argentine striker headed in from close range after an excellent run and cross from Yuto China Fork ExtensionsNagatomo.However, Radja Nainggolan cut in from the left and saw his low shot deflected past Samir Handanovic with just seven minutes left, earning Digeo Lopez's side a point.Wholesale T-Shirt cheap T-ShirtUdinese's erratic start to the campaign continued as they were defeated 2-0 by a German Denis-inspired Atalanta, with their former striker scoring both goals.Hellas Verona's impressive return to Serie A goes on thanks to a 2-1 victory over visitors and fellow promoted side Livorno, while Sassuolo picked up a 2-2 draw at home to Lazio - their second consecutive draw since losing 7-0 to Inter.And in Sunday's other game, Catania picked up their first win of the season as Jaroslav Plasil and Lucas Castro gave them a 2-0 triumph over Chievo.

Atletico and Barca keep going strong in Spain's matchday 8

11. října 2013 v 4:54 | news
Atletico Madrid and FC Barcelona continue to forge ahead in the BBVA Primera Liga as both sides went into the international break on the back of their eighth straight win to maintain their 100 percent records and respective best ever starts to a season.Diego Costa was again Atletico's hero as his side defeated Celta Vigo with the two goals which gave his side a 2-1 win at home to Celta Vigo.Atletico had looked to be cruising after Costa put them 2-0 up, but Nolito's goal got Celta back into the game and it needed a fine last minute save from Thibaut Courtois in order to ensure all three points remainined in the Vicente Calderon.On Saturday,China Spill Pallet SL series FC Barcelona also extended their 100 percent record at the start of the season to eight matches as they produced a fine second half display on the way to defeating Valladolid 4-1 in the Camp Nou Stadium on Saturday night.Alexis Sanchez helped make up for the absence of the injured Leo Messi with two goals,Buy Cheap Abercrombie Men's Sweaters while Xavi Hernandez and Neymar added further goals on the night.Barca were forced to come from behind after Valladolid striker, Javi Guerra had headed his side into and early lead before Alexis scored his first goal of the night with a thundering shot with his weaker right foot, which left visiting keeper, Diego Marino clutching at air.It was not until the second half that Barca made the points safe: Xavi Hernandez sidefooted them into the lead seven minutes after the break, while Alexis scored Barca's third after 64 minutes after a fine pass from Neymar and then returned the favor for Neymar to make it 4-1 with 20 minutes left to play.

Meanwhile two goals in the last five minutes saw Real Madrid remain in the title hunt with a dramatic fightback away to Levante to win 3-2.Almeria remain without a win and slipped to the bottom of the table after shipping another late goal that condemned them to a 2-1 defeat away to Sevilla.Kevin Gameiro put Sevilla ahead after just 6 minutes, but Rodri levelled midway through the first half and the game looked destined for a draw before Ivan Rakitic scored the winning goal in injury time.Wholesale Outerwears cheap OuterwearsPedro Leon was on target twice, while Adrian Colunga again found the target as Getafe won their fourth game in five to continue climbing the table after a poor start to the season.Valencia's recovery also continues with a 1-1 draw away to Athletic Club Bilbao, although they may feel they could have taken all three points after Ever Banega had put them ahead with a first half penalty.The visitors had chances to seal the win, but Athletic drew level late in the second half thanks to Mikel Rico's first goal for the club and the Basques almost sealed the win in an emotional closing 10 minutes.

Saturday began with two goals from former Espanyol striker Fermin Corominas 'Coro' giving Elche their first home win of the season as they defeated Espanyol 2-1.Thievy had leveled for Espanyol with his third goal of the season, but Coro's second strike, 15 minutes from time ensured the points stayed at home.Snow plough suppliersMeanwhile Rayo Vallecano got their first points since the first day of the season as a Jonathan Viera penalty in the last minute of their game against Real Sociedad gave them all three points.Villarreal remain fourth thanks to a 3-0 thBuy Cheap Abercrombie Men's Fleecerashing of a hapless Granada on Friday, the same day Osasuna claimed a surprise 1-0 win in Malaga.

Shadow of Shutdown Looms Over Markets

27. září 2013 v 5:37
Wall Street was unable to shrug off doubts about government gridlock on Tuesday, as concerns about a government shutdown dragged much of the stock market lower in the final half-hour of trading.The modest losses extended the losing streak for the Standard & Poor's 500-stock index to four days. It was the longest run of declines in a month. The Dow Jones industrial average also dropped for a fourth consecutive day.Investors struggled with conflicting news about the economy on Tuesday. One report showed that home prices in July rose the most in more than seven years. Another showed that Americans' confidence in the economy slipped in September.Investors are Fashion Dressessearching for direction after the Federal Reserve's decision last Wednesday to keep its stimulus program intact. They had expected a reduction in the Fed's $85 billion in monthly purchases of Treasury and mortgage-backed securities.Many investors remain nervous about political gridlock in Washington, expressing concern that the federal government could shut down because Washington lawmakers appear to be making little progress in budget talks."A government shutdown starting next week is looking increasingly likely," said Jim Russell, a regional investment director at U.S. Bank. "That will not be welcomed by the capital markets."But Brad Sorensen, director of market and sector research at Charles Schwab, said he thought that worries about a government shutdown would ultimately be short-lived. "Investors are becoming a little bit immune to the games that Washington has started to play," he said. "Investors with a stronger stomach should probably buy the dip."

On Tuesday, the Dow closed down 66 points, 0.4 percent, to 15,335. The S.& P. 500 fell 4.42 points, or 0.3 percent, to 1,697. The Nasdaq composite index, however, edged up 2.97 points, or less than 0.1 percent, to 3,768.Phone company stocks were the biggest decliners among the 10 industry groups that form the S.& P. 500. Industrial stocks were the biggest gainers.In government bond trading, the price of the 10-year Treasury note rose 12/32, to 98 21/32, while its yield dropped to 2.66 percent, its lowest level in six weeks, from 2.70 percent late Monday.Among the stocks on the move, Red Hat fell $6.20, or 12 percent, to $46.73 after the software company reported lower-than-expected quarterly billings and issued disappointing revenue forecasts.Carnival fell $2.86, or 8 percent, to $34.54 after the cruise ship operator warned that revenue could drop more than its previous forecast.Applied Materials, a manufacturer of chip-making equipment, rose $1.45, or 9 percent, to $17.44 after it agreed to merge with Tokyo Electron.

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Dow, S&P notch 4-day losing streak amid Fed uncertainties

26. září 2013 v 8:48
U.S. stocks closed mixed on Tuesday, with the Dow Jones Industrial Average and the S&P 500 dropping for the fourth consecutive session, as investors tried to digest a batch of mixed economic data amid uncertainties about the U.S. Federal Reserve's policy.The Dow Jones Industrial Average lost 66.79 points, or 0.43 percent, to 15,334.59 points. The S&P 500 was down 4.42 points, or 0.26 percent, to 1,697.42 points. The Nasdaq Composite Index rose 2.96 points, or 0.08 percent, to 3,768.25 points.U.S. home prices steadily rose in July but at a slower pace, suggesting that the rate of increase may have peaked, according to data released by S&P Dow Jones Indices Tuesday.Separately, the Federal Housing Finance Agency's monthly House Price Index revealed U.S. house price appreciation continued in July, rising 1.0 percent on a seasonally adjusted basis from the previous month, marking the eighteenth consecutive monthly price increase.Moreover, the Conference Board Consumer Confidence Index for the United States stood at 79.7 in September, lower than the revised figure of 81.8 in August and market consensus."A pull-back in interest rates resulting from 'no-taper' enabled the Conference Board's consumer confidence to decline less than its companion University of Michigan confidence in September. But with a risk of a government shutdown ahead, consumers are unlikely to cheer up right away unless they see more jobs and income," Mei Li, an economic analyst at FTN Financial, said on Tuesday.The market jumped to positive territory after U.S. President Barack Obama's comments eased concerns over Iran. However, the Dow and S&P 500 surrendered all earlier gains in the last hour of trading.The tech-rich Nasdaq held gains, underpinned by Facebook, whose shares advanced 2.67 percent to 48.45 U.S. dollars.

Investors are also eying more Fed officials to speak in the day, including Cleveland Fed President Sandra Pianalto and Kansas City Fed President Esther George, after several Fed policy makers set mixed tones on tapering of the U.S. central bank's quantitative easing.The CBOE Volatility Index, widely considered as a fear gauge of the market, fell 1.61 percent to end at 14.08.In other markets, U.S. crude price dropped on easing Middle East tensions. Light, sweet crude for November delivery decreased 0.46 dollar to settle at 103.13 dollars a barrel on the New York Mercantile Exchange. However, Brent crude for November delivery gained 0.48 dollar to close at 108.64 dollars a barrel.Gold futures for December delivery on the COMEX division of the New York Mercantile Exchange dropped 10.7 dollars to settle at 1, 316.3 dollars per ounce.The U.S. dollar strengthened against most major currencies as investors were digesting a batch of mixed economic data and comments from U.S. Federal Reserve officials.In late New York trading, the euro declined to 1.3477 dollars from 1.3496 dollars of the previous session, and the British pound decreased to 1.6006 dollars from 1.6048 dollars.

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