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Apr 5, 2012

NYT Glodal Update: Violence Worsening in Syria in Spite of Pledge, U.N. Says | Top News



TOP NEWS

Violence Worsening in Syria in Spite of Pledge, U.N. Says

By ANNE BARNARD, RICK GLADSTONE and ALAN COWELL
Spasms of new fighting were reported on Thursday, contradicting the Syrian government's assurances that it was complying with an envoy's cease-fire plan.

Murdoch's Sky News Channel Discloses Hacking of E-Mails

By RAVI SOMAIYA and ALAN COWELL
Sky News, which is partly owned by Rupert Murdoch, admitted it had hacked into e-mails but said the actions were in the public interest.

Pope Assails 'Disobedience' Among Priests

By RACHEL DONADIO
In a tough pre-Easter homily on Thursday, Pope Benedict XVI denounced reform-minded priests who seek the ordination of women and the abolition of priestly celibacy.
MULTIMEDIA

VIDEO: TimesCast

Sky News admits to hacking of e-mails; and more.
OPINION
No More Mr. Nice Guy

LATITUDE

No More Mr. Nice Guy

By ANDREW FINKEL
In the last decade, Turkey has attempted to redefine its geopolitical role. It was an interesting experiment while it lasted.
WORLD

U.S. Sees Iran in Bids to Stir Unrest in Afghanistan

By THOM SHANKER, ERIC SCHMITT and ALISSA J. RUBIN
American officials say a mixed picture of Iran's capabilities emerged after the country's agents tried, but failed, to exploit public outrage over the burning of Korans by American troops.

Rocket From Sinai Lands in Israel

By ISABEL KERSHNER
At least one rocket fired from the Egyptian Sinai peninsula struck Israel's southern resort city of Eilat Thursday, causing alarm but no injuries,

Anti-American Egyptian Candidate May Be Tripped Up by Mother's U.S. Ties

By DAVID D. KIRKPATRICK
Sheik Hazem Salah Abu Ismail, an ultraconservative Islamist at the front of Egypt's presidential race, may not be able to run because his mother became an American citizen before she died.
BUSINESS

Bank of England Holds Interest Rates Steady, Citing Inflation Concerns

By JULIA WERDIGIER
The central bank also maintained its bond-buying program, saying the euro-zone crisis still presented risks to growth.

Greece Says 97 Percent of Bondholders Agree to Swap

By LANDON THOMAS Jr.
The participation rate leaves just a small group of investors who might sue over the deal.

China Stocks Rise on Push to Increase Investment

By BETTINA WASSENER
The Shanghai composite index gained 1.7 percent Thursday after a loosening of quotas on foreign capital that was announced Tuesday by Beijing.
TECHNOLOGY
FROM THE MAGAZINE

Just One More Game ...

SAM ANDERSON
How time-wasting video games escaped the arcade, jumped into our pockets and took over our lives.
DEALBOOK

Facebook Is Said to Pick Nasdaq for I.P.O.

By EVELYN M. RUSLI
The social network will list its shares under ticker symbol "FB," a coup for the exchange, which has been embroiled in a fierce battle with the New York Stock Exchange for the company.
MEDIA DECODER

Appeals Court Revives Viacom Suit Against YouTube

By BRIAN STELTER
A federal appeals court reversed a lower court's decision to throw out Viacom's $1 billion copyright infringement lawsuit against YouTube.
SPORTS

Davis Cup Returns, With a Guarantee of Gritty Play

By CHRISTOPHER CLAREY
All the quarterfinals will be played on clay, and France will hold its match for the first time at Monte Carlo Country Club.

Mourinho's Dark Warnings Have Already Started

By ROB HUGHES
Chelsea and Real Madrid advanced to the semifinals of the Champions League, and the Madrid coach has already kicked off his anti-Barcelona posturing in the media.

England Coach Gets Off to a Strong Start

By EMMA STONEY
Stuart Lancaster has a solid coaching pedigree, and he has shown he is not afraid to address the issues that have plagued England over the last year.
U.S. NEWS

Navy Plowing Ahead on New Coastal Ship, Despite Woes

By ELISABETH BUMILLER
After a decade-long tale of soaring costs, canceled contracts and blown deadlines, the Pentagon is still embracing the Littoral Combat Ship as the future of naval warfare.

Untangling a Border Could Leave a Mess for Some

By KIM SEVERSON
As a team works to restore the North Carolina-South Carolina border to the original 1772 lines, some worry about the consequences.

5 Ex-Officers Sentenced in Post-Katrina Shootings

By CAMPBELL ROBERTSON
The former New Orleans police officers were sentenced to prison terms ranging from 38 to 65 years for their roles in the deadly shootings of unarmed residents and for a cover-up afterward.
OPINION
PATRICK CHAPPATTE

United States and China in the Pacific

President Obama has declared a strategy of shifting the American military's long-term focus toward the Pacific and an increasingly assertive China.
OP-ED CONTRIBUTOR

The Greatest Challenge of Our Species

By THOMAS LOVEJOY
Human ingenuity is up to the challenge of saving the Earth, but we need to act now.
OP-ED CONTRIBUTOR

Toward Universal Health Coverage

By DAVID DE FERRANTI and JULIO FRENK
Most of the world's richest nations have some form of universal coverage, and so do some of the poorer ones.


Stocks and Markets in the News | Tech Stocks - MarketWatch,



Tech Daily
APRIL 05, 2012

Tech Stocks: Apple, Microsoft lead mild tech gains
4/5/2012 4:38 PM ET
Software giant looks ahead to key launch Windows Phone-based Lumia this weekend. Facebook picks Nasdaq for IPO listing, and Google CEO says Android will remain ope
Tech Stocks: Tech stocks fall with SanDisk a big decliner
4/4/2012 10:50 AM ET
Memory chip maker slumps after cutting revenue outlook, while Yahoo trades flat following plans to ekiminate 2,000 jobs.





Tech Stocks: Tech stocks close weakly, despite Apple's gains
4/3/2012 4:30 PM ET
Enthusiasm for Apple grows as an influential Wall Street analyst estimates the company's stock may reach $1,000 a share within two years.





Tech Stocks: Groupon losses stand out while most techs rise
4/2/2012 4:19 PM ET
Online daily deal company gets hit after cutting its previously released fourth-quarter earnings and revenue results.





Polycom shares tank on weak outlook
4/5/2012 5:46 PM ET
Shares of Polycom fall sharply to a new low after the videoconferencing systems company posts a weaker-than-expected outlook.





After Hours: WD-40 shares gain in late trading after results
4/5/2012 5:08 PM ET
The lubricants and cleaning-products maker's quarterly earnings and sales come in higher than Wall Street had expected.





Google CEO: ‘Great devices' with Motorola
4/5/2012 5:03 PM ET
Larry Page says in a letter that the company is "excited" about the chance "to build great devices" based on Motorola and Android.





Movers & Shakers: Thursday's biggest gaining and declining stocks
4/5/2012 4:54 PM ET
MarketWatch's daily rundown of major gainers and decliners in the U.S. stock market.





MarketWatch First Take: Gannett wants you to leave (gracefully)
4/5/2012 4:49 PM ET
The newspaper chain is seeking massive buyouts, notes media columnist Jon Friedman





Financial Stocks: Citi, Morgan Stanley drag; financials fall on week
4/5/2012 4:39 PM ET
U.S. financial stocks trade lower as Citi shares fall on allegations of noncompliance with money laundering statutes and Morgan Stanley shares drop in a reported bid to avoid a downgrade.





The Ratings Game: Pandora slides as analyst sees challenges
4/5/2012 4:14 PM ET
Barclays sets underweight rating and $8-a-share target for online radio company as content-acquisition costs continue to damper enthusiasm.





SportsWatch: Baseball's digital revolution
4/5/2012 1:28 PM ET
Many think of baseball as a sport stuck in the past. They might be surprised to learn that the league's Advanced Media arm is not only leading pro sports' digital revolution, but thriving in it.





Shawn Langlois's London Sketch: Doubling up with the Masters and Oxbridge
4/5/2012 8:22 AM ET
The Masters golf tournament will heat up on Saturday just a short time after a winner is crowned in the Oxford and Cambridge Boat Race.





India under pressure over telecom ruling
4/5/2012 2:31 AM ET
Two months after India's Supreme Court suspended 122 telecom licenses tainted in one of the country's biggest corruption scandals, New Delhi is asking for more time to sort out legal and commercial issues.





Peter Brimelow: Bears not rampant
4/5/2012 1:28 AM ET
Stocks tumble, but key letters, although usually bearish, are not giving up on this market, Peter Brimelow writes.





Rex On Techs: Microsoft's gains hang on Windows potential
4/5/2012 12:05 AM ET
As an investment, software giant's shares have turned a corner. But success of new operating systems will determine whether gains are built to last.





David Callaway: Nervous market won't get help from earnings
4/5/2012 12:01 AM ET
Just when the market needs a renewed dose of good news, earnings season arrives next week. But it's not going to help. Profits are expected to be flat to down this season.





Therese Poletti's Tech Tales: IPO investors: Beware the dual-class stock
4/5/2012 12:01 AM ET
Groupon's accounting issues put a spotlight on how entrenched the company co-founders are and also show the negative side of dual-class stock structures, writes Therese Poletti.





Windows Phone faces test with Lumia launch
4/5/2012 12:01 AM ET
Nokia, Microsoft and AT&T all have a lot riding on the new Lumia 900 smartphone, which hits stores in the U.S. this weekend. The device is seen as a key test for the appeal of the Windows Phone platform.





Asia Stocks to Watch: Japan policy seen as key for stock gains
4/4/2012 7:44 PM ET
Japanese stocks rocketed to some of the strongest gains in recent memory over the first three months of this year, but a further advance for the market will likely depend in large part on where government policy goes.





Yahoo to cut 2,000 jobs, sees $375 million savings
4/4/2012 5:18 PM ET
Yahoo's cutting 2,000 jobs, a move intended to give rise to what its recently installed CEO calls a "smaller, nimbler, more profitable" company. It's also expected to yield annual savings of about $375 million for the embattled Yahoo.





SanDisk, Micron sink as pricing worries grow
4/4/2012 5:00 PM ET
Shares of memory companies fall after SanDisk cuts forecast, citing weak pricing for NAND chips, and are among the top S&P 500 decliners.





Latin American Markets: Mexican, Brazilian stocks join global selloff
4/4/2012 4:45 PM ET
Mexican and Brazilian stocks fall Wednesday, taking part in a worldwide selloff in equities as global growth concerns are stoked by a spike in borrowing costs for Spain after a weak bond sale.





Movers & Shakers: Wednesday's biggest gaining and declining stocks
4/4/2012 4:39 PM ET
MarketWatch's daily rundown of shares that mad sizable moves in the U.S. stock market.





Nissan exec: Electric cars will succeed in U.S.
4/4/2012 3:25 PM ET
Ghosn predicts high gasoline prices will help increase electric car demand in U.S.





Canadian Markets: Canadian stocks down on commodities, euro worries
4/4/2012 1:52 PM ET
Canadian stocks slump for a second session on Wednesday after a weak bond sale in Spain spark worries about the euro-zone crisis and minutes from the U.S. Federal Reserve's latest meeting dashed hopes of more easing.





MarketWatch First Take: Yahoo job cuts just the start of bigger plan
4/4/2012 12:30 PM ET
As Yahoo's new CEO makes his first move to restructure the Internet pioneer, some investors expect more to happen over the next few weeks, writes Therese Poletti.





SportsWatch: BMW gives athletes new tool for Olympic training
4/4/2012 11:48 AM ET
Automaker teams up with USA Track and Field for technology that measures athletes' techniques as they train in preparation for the London Olympics.





Asia Markets: Asia stocks drop as Australia posts trade deficit
4/4/2012 3:51 AM ET
Asian stocks fall, with markets reacting to a surprise Australian trade deficit and its implications for the wider region, including China.





Ruth Mantell's On the Job: Social-media tips for small-business employers
4/4/2012 12:01 AM ET
Social-media policies aren't just for big companies. Owners of small- and medium-sized firms should think about flexibility and nuance when crafting rules for their employees.





After Hours: SanDisk drops, Mitcham jumps after hours
4/3/2012 6:00 PM ET
The chip maker cuts its quarterly sales outlook, and shares of Mitcham jump after quarterly results from the supplier of leased equipment to oil developers surpass expectations.





Stocks to Watch: Stocks to Watch Wednesday: GM, Intel
4/3/2012 5:24 PM ET
General Motors Co., Monsanto, Intel Corp. and Walgreen Co. are among the stocks that could see active trading on Wednesday.





SanDisk cuts outlook, shares fall
4/3/2012 5:17 PM ET
Maker of Flash memory cuts its sales outlook for first quarter, citing weaker-than-expected demand.





Movers & Shakers: Tuesday's biggest gaining and declining stocks
4/3/2012 5:15 PM ET
MarketWatch's daily rundown of shares making sizable moves in the U.S. stock market.





Financial Stocks: Financial stocks close down post-FOMC
4/3/2012 4:53 PM ET
Fed meeting's minutes indicate a cooling to quantitative easing; online brokers are dragged down as analyst's note cites weaker retail trading.





Facebook hits back, says Yahoo infringed patents
4/3/2012 4:14 PM ET
The No. 1 social network strikes back the Web portal, responding to a patent-infringement suit with claims that Yahoo infringed on its own intellectual property.





Latin American Markets: Mexico stocks off highs after Fed view, data
4/3/2012 2:40 PM ET
Mexican stocks fall Tuesday, with the benchmark struggling to hold to a record high as prospects dimmed for another round of bond buying by the U.S. Federal Reserve to stimulate activity the world's largest economy.





Market Extra: Apple shares boosted by brokerage calls
4/3/2012 2:22 PM ET
Two influential analysts raise price targets on Apple — with one predicting the shares may hit $1,000 in the next two years.





MarketWatch First Take: SEC probe may pressure Groupon CFO
4/3/2012 12:16 PM ET
So far Groupon is backing its CFO but as its accounting issues have now expanded into an SEC probe, pressure may increase on Jason Child to step down, writes Therese Poletti.





The Technical Indicator: Nasdaq reaches major technical target
4/3/2012 11:46 AM ET
The U.S. markets' slow-motion uptrend is intact.





Asia Markets: Asia stocks mostly rise; Japan misses out
4/3/2012 4:46 AM ET
Most Asian markets rally on signs of strength in a gauge of U.S. manufacturing, with Hong Kong stocks rebounding after a four-day losing streak, while Japanese stocks decline on a strengthened yen.





Therese Poletti's Tech Tales: Can new CEOs fix H-P, RIM and Yahoo?
4/3/2012 12:01 AM ET
As three big tech companies undergo major restructuring under new CEOs, H-P has the best shot at recovery, while RIM and Yahoo have a grimmer future, writes Therese Poletti.





Movers & Shakers: Monday's biggest gaining & declining stocks
4/2/2012 5:55 PM ET
MarketWatch's daily rundown of shares making sizable moves in the U.S. stock market.





After Hours: Groupon gains late after regular-session selloff
4/2/2012 5:51 PM ET
Daily-deal firm's shares gain ground in the evening following a sharp slide during the day after revisions by the company of fourth-quarter results are met by analyst downgrades.





Latin American Markets: Mexican stocks eye record high after U.S. data
4/2/2012 5:49 PM ET
Mexican equities climb, with the benchmark notching another record high following encouraging manufacturing data from the U.S., Mexico's largest export market.





Canadian Markets: Canada stocks extend gains on bullish gold miners
4/2/2012 5:43 PM ET
Canadian stocks rise, kicking off the new quarter on a positive note, as gold miners charge higher.





Market Extra: Groupon hit as analysts question model
4/2/2012 4:59 PM ET
A revision of fourth-quarter results hurts the daily deals provider as two Wall Street analysts downgrade the shares — questioning the business model.





Stocks to Watch: Stocks to Watch Tuesday: GM, Ford, Avon
4/2/2012 4:50 PM ET
Auto makers such as General Motors Co. and Ford Motor Co., along with cosmetics provider Avon Products Inc., are among the stocks that could see active trading on Tuesday.





Rex On Techs: Blame me, Groupon, but expect some in return
4/2/2012 4:09 PM ET
Daily-deal site is facing accounting and trust issues again as it tries to deal with consumers returning some bigger-ticket items, writes Rex Crum.





Weekend Investor: Fund, ETF investors could see global gains fade
4/2/2012 4:01 PM ET
Stock-fund and ETF investors venturing outside of the U.S. waded into calmer waters in the first quarter, but rough currents lie ahead. Positioning portfolios against such uncertainties will dominate investors' attention.





John Shinal's Tech Investor: Groupon looking like Pets.com of current tech boom
4/2/2012 2:47 PM ET
People ask John Shinal whether Groupon would one day be known as the Pets.com of the second Internet bubble. He believes the answer is clear.





Credit-card breach ‘contained' to 1.5 mln accounts
4/2/2012 10:16 AM ET
Visa, MasterCard middleman card processor says federal investigation continues





There's more to tech than Apple
4/2/2012 10:15 AM ET
Anytime someone mentions tech lately, it seems to always involve one word: Apple. Believe it or not, the sector contains more than one name, and as a result, more than one investment opportunity.





Indications: U.S. stock futures flat ahead of ISM data
4/2/2012 9:02 AM ET
U.S. stock futures trade steady on Monday, with investors focused on ISM manufacturing data to come and with a mixed set of data from China.





Asia Markets: Japan, Korea gain ground; Hong Kong declines
4/2/2012 4:44 AM ET
South Korean and Japanese shares began a new quarter on a positive note Monday, with gains in Seoul coming after Moody's raised the country's credit rating outlook, while Tokyo stocks got a lift as a downbeat tankan survey weighed on the yen.





Emerging Markets Report: Mobile money takes East Africa by storm
4/2/2012 12:01 AM ET
M-Pesa, a simple, easy to use way to move money and pay for goods with a cellphone, is transforming the economy in East Africa.





Mark Hulbert: 11 stocks to throw out during spring cleaning
4/2/2012 12:01 AM ET
Pruning and culling the stocks in your trading portfolio is something you should be doing at any time of year. But it's amazing how rarely we go about this process in a careful and deliberate fashion.





Stocks to Watch: Stocks to watch Monday: Groupon, Visa
3/31/2012 11:01 AM ET
Among the stocks that could see active trade in Monday's session are Groupon, Global Payments and Visa.





After Hours: Groupon shares hit in after-hours trading
3/30/2012 6:45 PM ET
Daily-deals firm downwardly revises its fourth-quarter earnings and sales, and its auditor tacks on a warning in a company regulatory filing.





Canadian Markets: Canadian stocks snap losing streak as RIM rallies
3/30/2012 5:37 PM ET
Toronto stocks ended a three-session losing streak as investors bid up Research In Motion shares. Bay Street registered strong quarterly gains even as it finished the week in negative territory.





Groupon revises results; auditor adds warning
3/30/2012 5:23 PM ET
Groupon said Friday afternoon that it was revising its results for the fourth quarter after its auditor found "material weaknesses" related to how the daily deals site reserves for customer refunds.





Latin American Markets: Brazil, Mexico stocks notch first-quarter gains
3/30/2012 5:16 PM ET
Brazilian and Mexican equity markets on Friday finish the first quarter of 2012 in the green, but a monthly loss in Brazil's benchmark highlights investor concerns about slowing growth and government efforts to reduce currency appreciation.

Reuters - Daily Investor Update: Congress inaction risks 2013 tax "disaster": IRS chief


Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

S&P 500 marks 2012's worst week as bulls waver
NEW YORK (Reuters) - Stocks mostly traded sideways on Thursday, but the S&P 500 ended its worst week this year as growing pressure on Europe's debt markets revived concerns about the region's financial stability.
Jobless claims fall to lowest since 2008
WASHINGTON (Reuters) - The number of Americans lining up for new jobless benefits dropped to the lowest level in nearly four years last week, according to a government report that showed ongoing healing in the labor market.
March sales brighten retailers' profit prospects
(Reuters) - Summery weather and an earlier Easter prompted shoppers to buy bright-colored clothing, with many boosting retailers' profits by paying closer to full price than in recent years.
Congress inaction risks 2013 tax "disaster": IRS chief
WASHINGTON (Reuters) - The commissioner of the U.S. tax-collecting Internal Revenue Service warned on Thursday of "a real disaster" for taxpayers next year should Congress miss a December 31 deadline to decide on billions in major tax provisions.
Facebook picks Nasdaq for marquee listing: source
SAN FRANCISCO (Reuters) - Facebook Inc, preparing what would be Silicon Valley's largest IPO, has picked Nasdaq over the New York Stock Exchange for its listing in a major victory for the technology-laden U.S. bourse, a source familiar with the situation said on Thursday.
Company eyes alumni to boost student-loan bonds
April 5 (IFR) - San Francisco-based start-up lender SoFi has a novel idea to revive the moribund market in student-loan bonds -- get alumni to invest in their schools.
Analysis: Too slowly, euro zone laggards start to shape up
LONDON (Reuters) - It may be cold comfort for countries on the euro zone's southern periphery mired in recession, but they are making clear strides by some measures towards putting their economies on a sounder long-term footing.
Coke withdraws from group that backs Stand Your Ground law
ORLANDO, Fla./NEW YORK (Reuters) - Coca-Cola Co is dropping its membership in a conservative national advocacy group that supports "Stand Your Ground" laws such as the one being used as a defense in the Florida killing of an unarmed black teenager, Trayvon Martin.
Viacom wins reversal in landmark YouTube case
(Reuters) - A U.S. appeals court dealt Google Inc a major defeat by reviving lawsuits by Viacom Inc, the English Premier League and various other media companies over the use of copyrighted videos on Google's YouTube service without permission.
After Jobs Act, Case turns focus to immigration
WASHINGTON (Reuters) - As he gathers with other movers and shakers at the White House on Thursday afternoon to witness President Barack Obama's signing of the Jobs Act, AOL Inc co-founder Steve Case is already thinking ahead to the next cause he can help champion behind the scenes: immigration reform.