Wall Street set to open higher after Alcoa's positive results


NEW YORK (Reuters) - Wall Street was poised to open slightly higher on Wednesday after Alcoa got the earnings season under way with better-than-expected revenue and an encouraging outlook for the year.


Alcoa Inc said it expects global demand for aluminum will continue to grow in 2013, though the company kept a cautious tone as worries lingered over a looming U.S. budget confrontation. Shares of Alcoa, the largest aluminum producer in the United States, rose 1.7 percent to $9.25 in premarket trade.


Still, investors are wary about the outcome of the fourth-quarter earnings season. Profits were expected to beat the previous quarter's lackluster results, but analyst estimates were down sharply from where they were in October. Earnings were expected to grow by 2.7 percent, according to Thomson Reuters data.


Equities have pulled back over the last two sessions from last week's rally, which was spurred by the "fiscal cliff" deal in Washington.


"With the euphoria of the fiscal cliff deal wearing off, the market is looking for the next positive theme and the hope is that earning season can fill that need," said Andre Bakhos, director of market analytics at Lek Securities in New York.


"With expectations muted, any semblance of decent numbers could provide a robust upside potential."


Among other earnings, Constellation Brands , whose labels include Robert Mondavi and Ravenswood wines, rose 4 percent to $37.50 after it reported higher profit.


But on the downside, Apollo Group Inc slid more than 10 percent after it reported lower student sign-ups for the third straight quarter and cut its operating profit forecast for 2013. Apollo's shares were indicated at $18.84.


S&P 500 futures rose 1.7 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures added 15 points, and Nasdaq 100 futures gained 1.5 points.


Dish Network Corp late Tuesday announced a bid for Clearwire Corp that trumped Sprint Nextel Corp's $2.2 billion offer, setting the stage for a battle over the wireless service provider.


Clearwire was up 7.2 percent at $3.13, while Sprint lost 2.5 percent to $5.82.


Hard drive maker Seagate Technology rose 2.7 percent to $32.25 after it raised its second-quarter revenue forecast.


Apple Inc is working on a lower-end iPhone, the Wall Street Journal reported, citing sources. The report comes as Apple's chief executive meets with partners and government officials in China.


Goldman Sachs Group Inc and Morgan Stanley are among a group of banks expected to agree as soon as this week to a $1.5 billion settlement with U.S. regulators over botched foreclosure claims, sources told Reuters on Tuesday.


(Editing by Kenneth Barry)



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Iranian Captives Freed in Major Prisoner Exchange in Syria





ISTANBUL — More than 2,000 prisoners incarcerated by the Syrian authorities were being released on Wednesday in return for 48 Iranians freed by rebels after five months in captivity, Turkish and Iranian news reports said, in what appeared to be the biggest prisoner swap since the uprising against President Bashar al-Assad began almost two years ago.




The exchange, brokered by Turkey and Qatar, came days after Mr. Assad warned on Sunday that he would not abandon the fight against armed adversaries pressing on the approaches to the Syrian capital, Damascus, and brushed aside calls for him to quit.


The swap started in more than one location near Damascus after months of diplomatic efforts that also involved the Humanitarian Relief Foundation, an Islamist-leaning aid organization based in Istanbul and widely known as I.H.H., according to Bulent Yildirim, the head of the foundation.


“Some of our friends are with the opposition groups, and we are heading to the area where the prisoners are to be released,” Mr. Yildirim told Turkey’s semiofficial Anatolian news Agency.


He added, “Efforts under the Turkish and Qatari mediation continue, while the exchange started at several locations where prisoners were kept.”


Mr. Yildirim told Reuters that, after their release, the 48 Iranians were escorted to Damascus by Iranian and Syrian officials.


The aid group has set up an operation center in Damascus to unite 2,130 prisoners, including 73 women, at one base while another aid team remained in Douma, near the Syrian capital, to oversee the return of the 48 Iranians.


The Syrian opposition has claimed that the Iranians are members of Iran’s Islamic Revolutionary Guards Corps, but Tehran has denied the assertion, saying the captives are Shiite civilian pilgrims. The Iranians were seized in August while traveling on a bus from Damascus International Airport to a Shiite shrine on the outskirts of the capital, Iran’s Press TV said.


Opposition fighters had threatened to kill the Iranians unless Mr. Assad’s forces halted military operations. But since then the fighting around Damascus has intensified.


Iran is Mr. Assad’s main ally in a region where many Arab states and neighboring Turkey have turned against him, seeking his ouster. The Iranian captives offered the rebels holding them a source of pressure on the Syrian leader to push for the release of prisoners.


“We expect the swap to be completed in the next hour,” Huseyin Oruc, a member of the aid group’s executive board said in a telephone interview around midday.


“Among the 2,130 there are Syrians, four Turks, and a Palestinian, names of whom we will announce later in the day.”


Diplomatic efforts to release more prisoners would continue, he added.


“It is the first time that the ‘humanitarian diplomacy’ we initiated succeeded in releasing such a large group of people at once,” Mr. Oruc said. “There are many more held captive and our efforts to free them will continue without delay.”


The aid group gained international attention in 2010 for organizing a flotilla of boats heading to Gaza, ostensibly with relief supplies, that prompted a deadly Israeli commando raid in which nine Turks died. At the time of the raid, the group was reported to have extensive connections with Turkey’s political elite. The episode began an unraveling of Turkey’s once close ties with Israel.


In recent months, the aid group has also been part of negotiations to free smaller numbers of prisoners, including two Turkish journalists held in Syria, Reuters reported. The organization has been active since the early 1990s in charitably works in Middle East and Africa, focusing most recently on Gaza.


Since the start of the uprising against Mr. Assad, the organization has also cast itself as a leading private charitable organization in Syria, delivering food and other basic supplies and pursuing what it calls “humanitarian diplomacy” to help free captive civilians.


While the numbers involved in Wednesday’s exchange seemed dramatic, some rebel commanders said more modest prisoner exchanges have become a feature of the conflict.


The leader of a rebel fighting group in the central city of Hama, reached via Skype, said pro-government militia had captured his uncle and two other relatives in a village in the northern Idlib province more than a month ago.


 “The  only  way  to  release them  is capturing  hostages,” the commander said, adding that negotiations were under way to win the release of his relatives in return for 12 captives held by the rebels. Two months ago, the commander said, nine members of the pro-government shabeeha militia were  exchanged for five captured rebels. Syria’s uprising began in March 2011 with peaceful demonstrations, but a brutal crackdown broadened into civil war with an estimated 60,000 people killed, according to United Nations estimates.


Sebnem Arsu reported from Istanbul and Alan Cowell from London. Hwaida Saad contributed reporting from Beirut, Lebanon.



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European businesses slow to go online: study






BRUSSELS (Reuters) – European businesses are not doing enough to use the internet to grow their customer base and promote products, Belgian database and marketing firm Email-Brokers said after studying 13 million websites.


Belgium, Germany and the Netherlands have the highest proportion of companies online but even in these countries 40 percent of business have no internet presence, it found.






The European Commission has estimated that companies which exploit the full potential of the internet create, on average, more than twice as many jobs.


“It is one of the ways to create employment and economic growth and it is not Star Trek, it exists today,” Email-Brokers head William Vande Wiele said.


Britain and Liechtenstein were the most advanced in terms of e-commerce – defined as being able to process orders and payments, with 16 percent and 17 percent, respectively, of business sites offering it, compared with 6 percent in Belgium and 9 percent in Austria, Germany and the Netherlands.


Vande Wiele said many corporate websites were badly designed, and did not provide basics such as adequate contact information or company details.


In Belgium, 91 percent of all corporate websites did not meet such basic standards, compared with about 20 percent in Luxembourg and France, the study concluded.


“Sites which do not comply with such minimum standards do not inspire confidence and before buying something online a user will need a minimum level of confidence,” Vande Wiele said.


Many websites are not kept up to date, the study also found, with more than 80 percent of business sites in Belgium, Greece, Italy and Spain not updated for more than a year.


(Reporting by Robert-Jan Bartunek; Editing by Dan Lalor)


Internet News Headlines – Yahoo! News





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Ryan Gosling: How He Weaves His Magic Spell















01/09/2013 at 08:00 AM EST



Devoted son, quirky leading man – and everyone's favorite fantasy boyfriend.

But how does Ryan Gosling stack up in his real-life romance with actress Eva Mendes?

The "hey girl" Internet obsession, 32, "is an incredibly sweet boyfriend," a Gosling source tells PEOPLE in this week's cover story. He and Mendes, 37, "get along so well because she's not needy or smothering," says another insider. "They just work."

Mendes is hardly the only one to fall under Gosling's spell. The former Mouseketeer – who brought his mom, Donna, as his date to the Jan. 7 Gangster Squad premiere in L.A. – is "funny and charming," says the film's director, Ruben Fleischer.

"When you're with him you feel different. He has a magnetic quality – larger than life."

And yes, he knows how to work his quirks – everything from self-designed tattoos to an enduring Disneyland fascination.

"Women love him because he's just kooky," says the insider. "He's definitely in touch with his childlike side."

For much more on Ryan – including photos of all his sexiest looks – pick up this week's PEOPLE, on newsstands Friday

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Report: Death rates from cancer still inching down


WASHINGTON (AP) — Death rates from cancer are continuing to inch down, researchers reported Monday.


Now the question is how to hold onto those gains, and do even better, even as the population gets older and fatter, both risks for developing cancer.


"There has been clear progress," said Dr. Otis Brawley of the American Cancer Society, which compiled the annual cancer report with government and cancer advocacy groups.


But bad diets, lack of physical activity and obesity together wield "incredible forces against this decline in mortality," Brawley said. He warned that over the next decade, that trio could surpass tobacco as the leading cause of cancer in the U.S.


Overall, deaths from cancer began slowly dropping in the 1990s, and Monday's report shows the trend holding. Among men, cancer death rates dropped by 1.8 percent a year between 2000 and 2009, and by 1.4 percent a year among women. The drops are thanks mostly to gains against some of the leading types — lung, colorectal, breast and prostate cancers — because of treatment advances and better screening.


The news isn't all good. Deaths still are rising for certain cancer types including liver, pancreatic and, among men, melanoma, the most serious kind of skin cancer.


Preventing cancer is better than treating it, but when it comes to new cases of cancer, the picture is more complicated.


Cancer incidence is dropping slightly among men, by just over half a percent a year, said the report published by the Journal of the National Cancer Institute. Prostate, lung and colorectal cancers all saw declines.


But for women, earlier drops have leveled off, the report found. That may be due in part to breast cancer. There were decreases in new breast cancer cases about a decade ago, as many women quit using hormone therapy after menopause. Since then, overall breast cancer incidence has plateaued, and rates have increased among black women.


Another problem area: Oral and anal cancers caused by HPV, the sexually transmitted human papillomavirus, are on the rise among both genders. HPV is better known for causing cervical cancer, and a protective vaccine is available. Government figures show just 32 percent of teen girls have received all three doses, fewer than in Canada, Britain and Australia. The vaccine was recommended for U.S. boys about a year ago.


Among children, overall cancer death rates are dropping by 1.8 percent a year, but incidence is continuing to increase by just over half a percent a year. Brawley said it's not clear why.


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Stock futures flat as earnings season begins


NEW YORK (Reuters) - Stock index futures were little changed in low volume on Tuesday before the unofficial start of the earnings season, which is expected to show sluggish corporate growth.


Profits in the fourth quarter were expected to top the previous quarter's lackluster results, but analysts' current estimates are down sharply from where they were in October. Quarterly earnings are expected to grow by 2.8 percent, according to Thomson Reuters data.


German data showed industrial orders fell more than forecast in November due to a sharp drop in demand from abroad, reinforcing concerns that Europe's largest economy may have contracted in the fourth quarter of 2012.


"I'm surprised futures are holding up, given the relative disappointment that German data showed, but I think all eyes are on the beginning of earnings season," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.


Monsanto Co , Apollo Group and Dow component Alcoa Inc start the quarterly season.


Monsanto shares rose 3.2 percent to $99 after announcing first-quarter results and the company's outlook.


"Alcoa is not a huge bellwether," Forrest said. Investors are now focused more on companies' performance than on macroeconomic factors, so "we should be kind of flat until we get some company-oriented news," she said.


S&P 500 futures were off 0.8 point and slightly below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures were unchanged, and Nasdaq 100 futures fell half a point.


Shares of Yum Brands Inc fell 5 percent to $64.50 in premarket trading a day after the KFC parent warned sales in China shrank more than expected in the fourth quarter.


Sears Holdings shares rose 5.5 percent to $45.27 in light premarket trading a day after the company said its chief executive will step down for family health reasons. The U.S. retailer also reported a 1.8 percent decline in quarter-to-date sales at stores open at least a year.


ConAgra Foods Inc priced a public offering of 8.1 million common shares at $29.75 per share, the foodmaker said on Monday. ConAgra closed at $30.17 during regular Monday trading.


(Reporting by Rodrigo Campos; Editing by Jeffrey Benkoe and Kenneth Barry)



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Afghan Soldier Kills British Soldier, Wounds 6







KABUL, Afghanistan (AP) — An Afghan soldier turned his weapon against foreign and Afghan troops in a southern province, killing one British soldier, another attack by a member of Afghanistan's military against its foreign allies, officials said Tuesday.




The Taliban claimed responsibility for the shooting, the first insider attack of 2013. Several British soldiers were also reported wounded.


Such "insider attacks" by Afghan soldiers and police, or men wearing their uniforms, rose dramatically last year. The attacks come as NATO and Afghan forces are in closer contact, as foreign troops hand over security to the Afghans and train them before an almost total withdrawal by the end of 2014.


NATO command spokesman Brig. Gen. Gunter Katz identified the dead soldier in Monday's shooting as British, but his name was not released.


"Yesterday, a suspected member of the Afghan national army shot and killed a British (NATO) soldier," Katz told a news conference. He said the shooting occurred at a patrol base in Nahri Sarraj district of Helmand province and that the shooter fired at both Afghan and British troops. He said the incident is under investigation.


An Afghan Defense Ministry official said the shooter was an enlisted soldier, and six British soldiers were wounded. The official spoke anonymously because he was not authorized to brief reporters.


A Taliban spokesman, Qari Yousef Ahmadi, said in an email that "an infiltrator" staged the attack and managed to escape from the scene but was then shot and killed after opening fire on a checkpoint. The Taliban have used the term "infiltrator" in the past to refer to members who have enlisted in the military to conduct such an attack. They identified the assailant as Mohammad Qasim Faroq.


In London, the Ministry of Defense said the soldier, who was attached to the 21 Engineer Regiment, was killed by small arms fire at Patrol Base Hazrat.


Several similar attacks have occurred in Helmand, the country's most violent province, where almost all British forces have been concentrated. Capt. Walter Reid Barrie was shot and killed in Nad Ali district of Helmand Nov. 11, the last British soldier to die before Monday's incident. Two British soldiers were killed by an Afghan policeman last October, and the same month a police officer and militants poisoned their colleagues and shot others, leaving six Afghans dead.


British Prime Minister David Cameron's spokesman said Tuesday that in light of the increase in insider attacks, measures have been taken to increase security in Afghanistan — including better vetting and screening of recruits and bolstering counterterrorism efforts.


"These are clearly very, very serious incidents," spokesman Jean-Christophe Gray said. "We have taken a number of measures, and the military always keeps force protection measures under review."


Insider attacks killed 61 people in 45 incidents last year, compared to 35 killed in 21 attacks a year earlier, according to NATO. This tally does not include the Dec. 24 killing of an American civilian adviser by a female member of the Afghan police, because an investigation of the reportedly mentally unstable woman is continuing.


In some cases, militants have donned Afghan army or police uniforms to attack foreign troops. A number of attacks have also been carried out by members of Afghan security forces against their own comrades.


A total of 439 British forces personnel and Ministry of Defense civilians have died during the 11-year war, the second highest toll in the NATO-led coalition after the United States. Of these, 396 were killed as a result of hostile action, according to official British death tolls.


___


Associated Press writers Cassandra Vinograd in London and Amir Shah in Kabul contributed.


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Conn. lawmaker apologizes over Facebook post






HARTFORD, Conn. (AP) — A Connecticut lawmaker has apologized after saying in a Facebook post that shooting victim and former Arizona U.S. Rep. Gabrielle Giffords should “stay out of my towns.”


Giffords last week visited Newtown, Conn., where a gunman killed 20 young children and six adults at an elementary school last month. The Democrat, who met with families of the victims, was critically wounded two years ago in a deadly mass shooting in Tucson, Ariz.






The Hartford Courant posted images Sunday showing Republican state Rep. DebraLee Hovey‘s Facebook comments. In one dated Friday she says, “Gabby Giffords stay out of my towns!!”


Hovey released a statement Monday saying her comments were insensitive and that she apologizes if she offended anyone.


Hovey had said in another post that the visit was political.


Social Media News Headlines – Yahoo! News





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Jessica Alba: Cash Warren and I Are 'Kindred Spirits'

Jack Osbourne Respectfully Declines More Baby Gifts
Courtesy InStyle


Love may not have struck at first sight for Jessica Alba and Cash Warren, but the pair’s instant connection was enough to last a lifetime.


“I just knew when I met him that I was going to know him forever. It was weird; He instantly felt like family,” the actress, 31, says in InStyle‘s February issue.


“I’d never felt like that with anyone. We got each other. We’re kindred spirits.”


Following their “very, very, very short” run as friends, the couple began dating and eventually tied the knot in 2008 before welcoming daughters Honor Marie, 4½, and Haven Garner, 16 months.

The spark between the sweethearts is still going strong, although Alba admits their idea of romance has certainly undergone changes over the years.


“On a weekend Cash might say, ‘Go get your nails done with a girlfriend. Haven is down for a nap and Honor and I will play. I know you work hard. You deserve some time for yourself,’” she says.


“That, to me, is romantic. He’s saying, ‘You matter,’ and that I’m more than just the mother of the kids or the wife who goes out to events with him.”


Blending their ethnically diverse backgrounds under one roof, the parents have made their home a true family affair, highlighting — and celebrating! — their ancestral roots.


“When Cash and I moved into our family house, we collected hundreds of pictures of our aunties, great aunties, moms and dads, grandmas and grandpas, and sisters and brothers,” Alba shares. “Then we mounted them in the foyer of our home, covering the wall from top to bottom. Our daughters are continually reminded of where they come from.”


Life’s not all play for the mom-of-two; In addition to her acting career and taking care of her girls, the multi-talented mama is also the mastermind behind The Honest Company, her eco-friendly line of home goods she cofounded with Christopher Gavigan.


With such a full plate to balance, the actress has been known to take on a bit more than she can handle.


“Sometimes I can take multitasking to a level of insanity,” Alba explains. “Then all of a sudden the bath is too high and I’ve forgotten to give my daughter the thing she needs for school.”


Fortunately, her family of four has taught Alba how to worry less about the mess-making and more about making the memories.


“Before I had kids, I was very responsible and serious. I used to be all about controlling my environment; Everything had to be just so,” she says. ”Now my idea of perfection is different. You can label bins and have a place for stuff, but when the kids go into the playroom, you’re not going to say, ‘We can’t paint because how are we going to clean it up?’”


– Anya Leon


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Report: Death rates from cancer still inching down


WASHINGTON (AP) — Death rates from cancer are continuing to inch down, researchers reported Monday.


Now the question is how to hold onto those gains, and do even better, even as the population gets older and fatter, both risks for developing cancer.


"There has been clear progress," said Dr. Otis Brawley of the American Cancer Society, which compiled the annual cancer report with government and cancer advocacy groups.


But bad diets, lack of physical activity and obesity together wield "incredible forces against this decline in mortality," Brawley said. He warned that over the next decade, that trio could surpass tobacco as the leading cause of cancer in the U.S.


Overall, deaths from cancer began slowly dropping in the 1990s, and Monday's report shows the trend holding. Among men, cancer death rates dropped by 1.8 percent a year between 2000 and 2009, and by 1.4 percent a year among women. The drops are thanks mostly to gains against some of the leading types — lung, colorectal, breast and prostate cancers — because of treatment advances and better screening.


The news isn't all good. Deaths still are rising for certain cancer types including liver, pancreatic and, among men, melanoma, the most serious kind of skin cancer.


Preventing cancer is better than treating it, but when it comes to new cases of cancer, the picture is more complicated.


Cancer incidence is dropping slightly among men, by just over half a percent a year, said the report published by the Journal of the National Cancer Institute. Prostate, lung and colorectal cancers all saw declines.


But for women, earlier drops have leveled off, the report found. That may be due in part to breast cancer. There were decreases in new breast cancer cases about a decade ago, as many women quit using hormone therapy after menopause. Since then, overall breast cancer incidence has plateaued, and rates have increased among black women.


Another problem area: Oral and anal cancers caused by HPV, the sexually transmitted human papillomavirus, are on the rise among both genders. HPV is better known for causing cervical cancer, and a protective vaccine is available. Government figures show just 32 percent of teen girls have received all three doses, fewer than in Canada, Britain and Australia. The vaccine was recommended for U.S. boys about a year ago.


Among children, overall cancer death rates are dropping by 1.8 percent a year, but incidence is continuing to increase by just over half a percent a year. Brawley said it's not clear why.


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