Stocks end higher for sixth straight week, tech leads

NEW YORK (Reuters) - The Nasdaq composite stock index closed at a 12-year high and the S&P 500 index at a five-year high, boosted by gains in technology shares and stronger overseas trade figures.

The S&P 500 also posted a sixth straight week of gains for the first time since August.

The technology sector led the day's gains, with the S&P 500 technology index <.splrct> up 1.0 percent. Gains in professional network platform LinkedIn Corp and AOL Inc after they reported quarterly results helped the sector.

Shares of LinkedIn jumped 21.3 percent to $150.48 after the social networking site announced strong quarterly profits and gave a bullish forecast for the year.

AOL Inc shares rose 7.4 percent to $33.72 after the online company reported higher quarterly profit, boosted by a 13 percent rise in advertising sales.

Data showed Chinese exports grew more than expected, a positive sign for the global economy. The U.S. trade deficit narrowed in December, suggesting the U.S. economy likely grew in the fourth quarter instead of contracting slightly as originally reported by the U.S. government.

"That may have sent a ray of optimism," said Fred Dickson, chief market strategist at D.A. Davidson & Co in Lake Oswego, Oregon.

Trading volume on Friday was below average for the week as a blizzard swept into the northeastern United States.

The U.S. stock market has posted strong gains since the start of the year, with the S&P 500 up 6.4 percent since December 31. The advance has slowed in recent days, with fourth-quarter earnings winding down and few incentives to continue the rally on the horizon.

"I think we're in the middle of a trading range and I'd put plus or minus 5.0 percent around it. Fundamental factors are best described as neutral," Dickson said.

The Dow Jones industrial average <.dji> ended up 48.92 points, or 0.35 percent, at 13,992.97. The Standard & Poor's 500 Index <.spx> was up 8.54 points, or 0.57 percent, at 1,517.93. The Nasdaq Composite Index <.ixic> was up 28.74 points, or 0.91 percent, at 3,193.87, its highest closing level since November 2000.

For the week, the Dow was down 0.1 percent, the S&P 500 was up 0.3 percent and the Nasdaq up 0.5 percent.

Shares of Dell closed at $13.63, up 0.7 percent, after briefly trading above a buyout offering price of $13.65 during the session.

Dell's largest independent shareholder, Southeastern Asset Management, said it plans to oppose the buyout of the personal computer maker, setting up a battle for founder Michael Dell.

Signs of economic strength overseas buoyed sentiment on Wall Street. Chinese exports grew more than expected in January, while imports climbed 28.8 percent, highlighting robust domestic demand. German data showed a 2012 surplus that was the nation's second highest in more than 60 years, an indication of the underlying strength of Europe's biggest economy.

Separately, U.S. economic data showed the trade deficit shrank in December to $38.5 billion, its narrowest in nearly three years, indicating the economy did much better in the fourth quarter than initially estimated.

Earnings have mostly come in stronger than expected since the start of the reporting period. Fourth-quarter earnings for S&P 500 companies now are estimated up 5.2 percent versus a year ago, according to Thomson Reuters data. That contrasts with a 1.9 percent growth forecast at the start of the earnings season.

Molina Healthcare Inc surged 10.4 percent to $31.88 as the biggest boost to the index after posting fourth-quarter earnings.

The CBOE Volatility index <.vix>, Wall Street's so-called fear gauge, was down 3.6 percent at 13.02. The gauge, a key measure of market expectations of short-term volatility, generally moves inversely to the S&P 500.

"I'm watching the 14 level closely" on the CBOE Volatility index, said Bryan Sapp, senior trading analyst at Schaeffer's Investment Research. "The break below it at the beginning of the year signaled the sharp rally in January, and a rally back above it could be a sign to exercise some caution."

Volume was roughly 5.6 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion.

Advancers outpaced decliners on the NYSE by nearly 2 to 1 and on the Nasdaq by almost 5 to 3.

(Additional reporting by Angela Moon; Editing by Bernadette Baum, Nick Zieminski, Kenneth Barry and Andrew Hay)

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Protests erupt as India executes man for 2001 parliament attack

NEW DELHI (Reuters) - India hanged a Kashmiri man on Saturday for an attack on the country's parliament in 2001, sparking clashes in Kashmir between protesters and police who wielded batons and fired teargas. Dozens of people were injured.

President Pranab Mukherjee rejected a mercy petition from Mohammad Afzal Guru and he was hanged at 8 a.m. (0230 GMT) in Tihar jail in the capital, New Delhi. Security forces anticipating unrest had imposed a curfew in parts of insurgency-torn Kashmir and ordered people off the streets.

Guru, from the Indian part of divided Kashmir, was convicted of helping organize arms for the gunmen who made the attack and a place for them to stay. He always maintained his innocence.

India blamed the attack on the parliament of the world's largest democracy on militants backed by Pakistan, targeting the prime minister, interior minister and legislators in one of the country's worst ever militant attacks.

Pakistan denied any involvement and condemned the attack but tension rose sharply and brought the nuclear-armed rivals dangerously close to their fourth war. Nearly a million soldiers were mobilized on both sides of the border and fears of war only dissipated months later, in June 2002.

The hanging was ordered less than three months after India executed the lone surviving gunman of a 2008 attack in the city of Mumbai in which 166 people were killed.

Saturday's execution could help the ruling Congress party deflect opposition criticism of being soft on militancy as it gears up for a series of state elections this year and a general election due by 2014, while grappling with an economic slowdown.

"Congress has decided to be more proactive in view of the elections, not only in terms of economic policy but also matters like the hanging," said political analyst Amulya Ganguli.

"The Congress has now deprived the BJP of a propaganda plank," he said, referring to the main opposition Bharatiya Janata Party.

Government officials dismissed suggestions that electoral politics played a role in the decision to execute Guru.

In major towns of Indian Kashmir, where security forces have battled a Muslim separatist insurgency for decades, barricades were erected and hundreds of police and paramilitary force members were deployed.

"The hanging of Afzal Guru is a declaration of war by India," said Hilal Ahmad War, leader of a separatist faction.

Thirty-six people including 23 policemen were injured in protests, said police spokesman Manoj Sheeri, with most of the violence in Guru's home district.

Authorities shut down internet services to try to stop news of the hanging and unrest spreading. The chief minister of Jammu and Kashmir state, Omar Abdullah, made a televised appeal for calm.

Scuffles also broke out in New Delhi between Hindu activists and demonstrators who gathered at a city-centre protest site to condemn the execution, a Reuters witness said.

WARNING

Five militants stormed the parliament complex in New Delhi on December 13, 2001, armed with grenades, guns and explosives, but security forces killed them before they could enter the main chamber. Ten other people, most of them security officers, were killed.

Guru said he never got a fair trial and his brother reiterated that on Saturday, adding that authorities had not warned the family of his execution.

"At least the government should have given the family a chance to meet him," said the brother, Ajaz Ahmad Guru. "He didn't get a fair trial. His wife is in deep shock."

India said the Pakistan-based Jaish-e-Mohammad militant group was responsible for the parliament attack. The group fights Indian rule in Muslim-majority Kashmir.

The hanging last year of Mohammad Ajmal Kasab, the lone surviving Pakistani militant involved in the 2008 Mumbai attacks, after a long lull in executions, prompted speculation that India would move quickly to execute Guru.

But unlike Kasab's execution, which sparked celebrations in the streets, Guru's case was seen as more divisive.

Some Kashmiri leaders warned that hanging Afzal would fuel the revolt in India's part of the Himalayan region in which tens of thousands of people have been killed since 1989.

Curfews were imposed in Srinagar, the region's summer capital in the Kashmir valley, and major towns including Baramulla, Guru's home town.

Kashmir is divided between India and Pakistan, both of which claim the region in full and rule it in part. They have fought two of their three wars over the region.

In Pakistan-controlled Kashmir, more than 250 people took to the streets to protest against the hanging, shouting "Down with India" and burning an Indian flag.

India has long accused Muslim Pakistan of arming and funding militants to fight Indian forces in Kashmir. Pakistan says it only provides moral support to the fellow-Muslim people of Kashmir, who, Pakistan says, face harsh Indian rule.

The dispute, a legacy of the division of the sub-continent at the end of British rule, is the main factor souring relations between the neighbors.

(Additional reporting by Fayaz Bukhari, Mansi Thapliyal, Ashok Pahalwan, Abu Arqam Naqash, Arnika Thakur and Satarupa Bhattacharjya; Editing by Ross Colvin and Robert Birsel)

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Microsoft’s next-gen Xbox to reportedly include Siri-like voice controls

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Kate Upton Graces Sports Illustrated's Swimsuit Issue for a Second Time!

02/09/2013 at 09:30 AM EST

Kate Upton

Courtesy of Sports Illustrated

Brrr ... that's hot!

For the second year in a row, model Kate Upton appears on the cover of Sports Illustrated's Swimsuit Issue, which goes on sale Tuesday.

The magazine shared the news – and that steamy photo – via Twitter on Friday night, writing, "POLAR BARE: @KateUpton in Antarctica is your 2013 SI Swimsuit Cover Model!"

And unlike last year, this time around Upton, 20, is slightly more covered up – OK, not really – in her Antarctica-themed shoot. The cover finds the model posing in a white jacket, unzipped, with a fur hood and bikini bottom on a boat.

The issue also promises photos of models from all seven continents.

According to the magazine, Upton is expected to appear on The Late Show with David Letterman on Monday night – along with nine other swimsuit models – to promote the issue.

Not since Tyra Banks in 1996 and 1997 has a model graced two back-to-back Swimsuit Issue covers.

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Southern diet, fried foods, may raise stroke risk

Deep-fried foods may be causing trouble in the Deep South. People whose diets are heavy on them and sugary drinks like sweet tea and soda were more likely to suffer a stroke, a new study finds.

It's the first big look at diet and strokes, and researchers say it might help explain why blacks in the Southeast — the nation's "stroke belt" — suffer more of them.

Blacks were five times more likely than whites to have the Southern dietary pattern linked with the highest stroke risk. And blacks and whites who live in the South were more likely to eat this way than people in other parts of the country were. Diet might explain as much as two-thirds of the excess stroke risk seen in blacks versus whites, researchers concluded.

"We're talking about fried foods, french fries, hamburgers, processed meats, hot dogs," bacon, ham, liver, gizzards and sugary drinks, said the study's leader, Suzanne Judd of the University of Alabama in Birmingham.

People who ate about six meals a week featuring these sorts of foods had a 41 percent higher stroke risk than people who ate that way about once a month, researchers found.

In contrast, people whose diets were high in fruits, vegetables, whole grains and fish had a 29 percent lower stroke risk.

"It's a very big difference," Judd said. "The message for people in the middle is there's a graded risk" — the likelihood of suffering a stroke rises in proportion to each Southern meal in a week.

Results were reported Thursday at an American Stroke Association conference in Honolulu.

The federally funded study was launched in 2002 to explore regional variations in stroke risks and reasons for them. More than 20,000 people 45 or older — half of them black — from all 48 mainland states filled out food surveys and were sorted into one of five diet styles:

—Southern: Fried foods, processed meats (lunchmeat, jerky), red meat, eggs, sweet drinks and whole milk.

—Convenience: Mexican and Chinese food, pizza, pasta.

—Plant-based: Fruits, vegetables, juice, cereal, fish, poultry, yogurt, nuts and whole-grain bread.

—Sweets: Added fats, breads, chocolate, desserts, sweet breakfast foods.

—Alcohol: Beer, wine, liquor, green leafy vegetables, salad dressings, nuts and seeds, coffee.

"They're not mutually exclusive" — for example, hamburgers fall into both convenience and Southern diets, Judd said. Each person got a score for each diet, depending on how many meals leaned that way.

Over more than five years of follow-up, nearly 500 strokes occurred. Researchers saw clear patterns with the Southern and plant-based diets; the other three didn't seem to affect stroke risk.

There were 138 strokes among the 4,977 who ate the most Southern food, compared to 109 strokes among the 5,156 people eating the least of it.

There were 122 strokes among the 5,076 who ate the most plant-based meals, compared to 135 strokes among the 5,056 people who seldom ate that way.

The trends held up after researchers took into account other factors such as age, income, smoking, education, exercise and total calories consumed.

Fried foods tend to be eaten with lots of salt, which raises blood pressure — a known stroke risk factor, Judd said. And sweet drinks can contribute to diabetes, the disease that celebrity chef Paula Deen — the queen of Southern cuisine — revealed she had a year ago.

The National Institute of Neurological Disorders and Stroke, drugmaker Amgen Inc. and General Mills Inc. funded the study.

"This study does strongly suggest that food does have an influence and people should be trying to avoid these kinds of fatty foods and high sugar content," said an independent expert, Dr. Brian Silver, a Brown University neurologist and stroke center director at Rhode Island Hospital.

"I don't mean to sound like an ogre. I know when I'm in New Orleans I certainly enjoy the food there. But you don't have to make a regular habit of eating all this stuff."

___

Marilynn Marchione can be followed at http://twitter.com/MMarchioneAP

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Wall Street opens modestly higher after data

NEW YORK (Reuters) - Stocks opened slightly higher on Friday after a trio of positive economic data points, and further gains were expected to be modest with the benchmark S&P index near five-year highs.

The Dow Jones industrial average <.dji> was up 18.97 points, or 0.14 percent, at 13,963.02. The Standard & Poor's 500 Index <.spx> was up 3.05 points, or 0.20 percent, at 1,512.44. The Nasdaq Composite Index <.ixic> was up 13.59 points, or 0.43 percent, at 3,178.72.

(Reporting by Ryan Vlastelica; Editing by Bernadette Baum)

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Violence mars funeral of slain Tunisian opposition leader

TUNIS (Reuters) - Police and mourners clashed at the mass funeral on Friday of secular opposition leader Chokri Belaid, whose assassination has plunged Tunisia deeper into political crisis.

Braving chilly rain, at least 50,000 people turned out to honor Belaid in his home district of Jebel al-Jaloud in the capital, chanting anti-Islamist and anti-government slogans.

It was Tunisia's biggest funeral since the death of Habib Bourguiba, independence leader and first president, in 2000.

Violence erupted near the cemetery as police fired teargas at demonstrators who threw stones and set cars ablaze. Police also used teargas against protesters near the Interior Ministry, a frequent flashpoint for clashes in the Tunisian capital.

Tunisia, cradle of the Arab uprisings, is riven by tensions between dominant Islamists and their secular opponents, and by frustration at the lack of social and economic progress since President Zine al-Abidine Ben Ali was ousted in January 2011.

Belaid's assassination has shocked a country which had hitherto experienced a relatively peaceful political transition.

"The people want a new revolution," shouted mourners in Tunis, who also sang the national anthem.

Crowds surged around an open army truck carrying Belaid's coffin, draped in a red and white Tunisian flag, from a cultural center in Jebel al-Jaloud towards the leafy Jallaz cemetery, as a security forces helicopter flew overhead.

"Belaid, rest in peace, we will continue the struggle," mourners chanted, holding portraits of the politician killed near his home on Wednesday by a gunman who fled on a motorcycle.

Some demonstrators denounced Rachid Ghannouchi, leader of the ruling Islamist Ennahda party. "Ghannouchi, assassin, criminal," they chanted. "Tunisia is free, terrorism out."

Police fired teargas to disperse anti-government protesters throwing stones and petrol bombs in the southern mining town of Gafsa, a stronghold of support for Belaid, witnesses said.

Crowds there had chanted "The people want the fall of the regime", a slogan first used against Ben Ali.

CRADLE OF REVOLT

In Sidi Bouzid, the southern town where the revolt against the ousted strongman began, about 10,000 marched to mourn Belaid and shout slogans against Ennahda and the government.

Banks, factories and some shops were closed in Tunis and other cities in response to a strike called by unions in protest at Belaid's killing, but buses were running normally.

Tunis Air suspended all its flights because of the strikes, a spokesman for the national airline said. Airport sources in Cairo said EgyptAir had canceled two flights to Tunisia after staff at Tunis airport joined the general strike.

After Belaid's assassination, Prime Minister Hamdi Jebali, an Islamist, said he would dissolve the government and form a cabinet of technocrats to rule until elections could be held.

But his own Ennahda party and its secular coalition partners complained they had not been consulted, casting doubt over the status of the government and compounding political uncertainty.

No one has claimed responsibility for the killing of Belaid, a lawyer and secular opposition figure.

His family have blamed Ennahda but the party has denied any hand in the shooting. Crowds have attacked several Ennahda party offices in Tunis and other cities in the past two days.

"Hope still exists in Tunisia," Fatma Saidan, a noted Tunisian actor, told Reuters at Belaid's funeral. "We will continue to struggle against extremism and political violence."

She called for national unity, saying: "We are ready to accept Islamists, but they don't accept us."

SECULAR SYMBOL

While Belaid had only a modest political following, his criticism of Ennahda policies spoke for many Tunisians who fear religious radicals are bent on snuffing out freedoms won in the first of the revolts that rippled through the Arab world.

Secular groups have accused the Islamist-led government of a lax response to attacks by ultra-orthodox Salafi Islamists on cinemas, theatres and bars in recent months.

The economic effect of political uncertainty and street unrest could be serious in a country which has yet to draft a new constitution and which relies heavily on the tourist trade.

Mohamed Ali Toumi, president of the Tunisian Federation of Travel Agencies, described the week's events as a catastrophe that would have a negative impact on tourism, but he told the national news agency TAP no cancellations had been reported yet.

France, which had already announced the closure of its schools in Tunis on Friday and Saturday, urged its nationals to stay clear of potential flashpoints in the capital.

The cost of insuring Tunisian government bonds against default rose to its highest level in more than four years on Thursday and ratings agency Fitch said it could further downgrade Tunisia if political instability continues or worsens.

(For an interactive look at Tunisia please click on http://link.reuters.com/tub85t)

(Additional reporting by Alexander Dziadosz in Cairo and Brian Love in Paris; Editing by Jon Boyle)

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Ubuntu smartphones will begin launching in October

There are already smartphones powered by Android, iOS, Windows Phone, BlackBerry, Bada and Tizen, and soon Ubuntu will be added to that long list. In an interview with The Wall Street Journal, Mark Shuttleworth, the founder and CEO of Canonical, said that smartphones running the company’s Linux-based Ubuntu operating system will be available to customers starting in October 2013. He also said that application developers will be granted early access to a version of the operating system that has been optimized for the Galaxy Nexus later this month.

[More from BGR: BlackBerry 10 browser smokes iOS 6 and Windows Phone 8 in comparison test [video]]

One of the smartphone’s unique features will allow it to be docked to a larger display for use with a keyboard and mouse. The operating system can also support Windows-based applications streamed to devices from corporate servers, giving business users access to all corporate data through a single device.

[More from BGR: Microsoft Surface Pro review]

Shuttleworth said that Ubuntu devices will be available in two large geographic markets later this year. The executive failed to give specific details, however he said that North America is “absolutely a key market for Ubuntu,” and that the operating system has even drawn interest from certain carriers.

This article was originally published on BGR.com

Linux/Open Source News Headlines – Yahoo! News

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Meet Gisele Bündchen's Daughter Vivian

Mom & Babies
Celebrity Baby Blog

02/08/2013 at 09:00 AM ET

Courtesy Gisele Bündchen

Meet Vivian Lake Brady!

Gisele Bündchen introduces her and Tom Brady‘s 9-week-old daughter in a Facebook post Friday, sharing a photo as the family vacations in Hawaii.

“Love is everything!!!” the model, 32, writes. “Happy Friday, much love to all.”

Born at home in Boston on Dec. 5, Vivian joins big brothers Benjamin, 3, and John, 5.

“We feel so lucky to have been able to experience the miracle of birth once again and are forever grateful for the opportunity to be the parents of another little angel,” Bündchen and her New England Patriots quarterback husband, 35, wrote at the time.

RELATED: Tom Brady Thrilled His Sons Have a Sister

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New whooping cough strain in US raises questions

NEW YORK (AP) — Researchers have discovered the first U.S. cases of whooping cough caused by a germ that may be resistant to the vaccine.

Health officials are looking into whether cases like the dozen found in Philadelphia might be one reason the nation just had its worst year for whooping cough in six decades. The new bug was previously reported in Japan, France and Finland.

"It's quite intriguing. It's the first time we've seen this here," said Dr. Tom Clark of the Centers for Disease Control and Prevention.

The U.S. cases are detailed in a brief report from the CDC and other researchers in Thursday's New England Journal of Medicine.

Whooping cough is a highly contagious disease that can strike people of any age but is most dangerous to children. It was once common, but cases in the U.S. dropped after a vaccine was introduced in the 1940s.

An increase in illnesses in recent years has been partially blamed on a version of the vaccine used since the 1990s, which doesn't last as long. Last year, the CDC received reports of 41,880 cases, according to a preliminary count. That included 18 deaths.

The new study suggests that the new whooping cough strain may be why more people have been getting sick. Experts don't think it's more deadly, but the shots may not work as well against it.

In a small, soon-to-be published study, French researchers found the vaccine seemed to lower the risk of severe disease from the new strain in infants. But it didn't prevent illness completely, said Nicole Guiso of the Pasteur Institute, one of the researchers.

The new germ was first identified in France, where more extensive testing is routinely done for whooping cough. The strain now accounts for 14 percent of cases there, Guiso said.

In the United States, doctors usually rely on a rapid test to help make a diagnosis. The extra lab work isn't done often enough to give health officials a good idea how common the new type is here, experts said.

"We definitely need some more information about this before we can draw any conclusions," the CDC's Clark said.

The U.S. cases were found in the past two years in patients at St. Christopher's Hospital for Children in Philadelphia. One of the study's researchers works for a subsidiary of Johnson & Johnson, which makes a version of the old whooping cough vaccine that is sold in other countries.

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JournaL: http://www.nejm.org

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