Wednesday, July 24, 2013

Stock market ends flat after uneven earnings news

NEW YORK (AP) ? Uneven corporate earnings news left the stock market flat on Tuesday.

Most major indexes closed slightly lower, except for the Dow Jones industrial average. Yet even there the gain was due to the increase in one stock, United Technologies.

Better earnings from big banks, health insurers and other companies have helped drive the stock market higher this month. On Tuesday, however, the encouraging and the discouraging seemed evenly matched. Wendy's and United Technologies surged after posting stronger results than financial analysts expected. Netflix and the Altria Group, maker of Marlboro cigarettes, sank after their results fell short.

"In the absence of major economic news, the focus is on earnings this week," said David Joy, chief market strategist at Ameriprise Financial. "And there's nothing today to drive the market dramatically one way or another."

The Dow rose 22.19 points, or 0.1 percent, to 15,567.74. If not for a 3 percent gain in United Technologies, the Dow would have closed down a point.

United Technologies rose $3.01 to $105.12 after the conglomerate said strong orders for commercial airline parts and elevators helped lift its profit.

The Standard & Poor's 500 index fell 3.14 points, or 0.2 percent, to 1,692.39. The Nasdaq composite fell 21.11 points, or 0.6 percent, to 3,579.27.

It was a busy day for earnings as 35 companies in the S&P 500 were scheduled to turn in results. The second-quarter scorecard looks good so far. More than six out of every 10 companies have posted earnings that surpassed Wall Street's expectations, according to S&P Capital IQ.

Analysts forecast that second-quarter earnings for companies in the S&P 500 increased 3.8 percent over the same period last year.

"The bar has been set pretty low," said Joel Huffman, senior portfolio manager at U.S. Bank Wealth Management. So, it's hardly a surprise that many companies are able to jump over it, he said.

Sales are another story. Analysts expect revenue to shrink 0.7 percent in the second quarter. Huffman said he's encouraged that many banks and makers of consumer-discretionary goods have reported stronger U.S. sales. "It's an indication of the underlying growth in the U.S. economy versus other parts of the world," he said.

Apple rose $19.52, or 4.7 percent, to $438.71 in after-hours trading, when the company reported earnings and revenue that beat Wall Street's forecasts.

Among other stocks making big moves:

? Wendy's jumped 55 cents, or 8.2 percent, to $7.23. The fast-food company's net income came in above Wall Street's expectations. Wendy's also announced plans to sell 425 restaurants as franchises and raised its quarterly dividend by a penny to 5 cents.

? Marlboro maker Altria Group said its quarterly results fell short of analysts' expectations. Altria's stock sank 89 cents, or 2.4 percent, to $35.99.

? Netflix dropped $11.70, or 4.5 percent, to $250.26. The company said late Monday that it signed up fewer subscribers than financial analysts had projected. Big expectations have propelled Netflix's stock up 170 percent since the start of the year, adding more pressure on the company to deliver amazing numbers.

In the market for U.S. government bonds, the yield on the 10-year Treasury note rose to 2.50 percent from 2.48 percent late Monday. Long-term interest rates have swung in a wide range since May, a result of traders speculating over when the Federal Reserve will begin pulling back on its bond-buying program.

The rate on the 10-year note, a benchmark for most loans, was trading at 1.61 percent on May 1. It rose as high as 2.75 percent by the second week of July.

Source: http://news.yahoo.com/stock-market-ends-flat-uneven-earnings-news-204619713.html

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Tuesday, July 23, 2013

Dwyane Wade?s Lawyer Rips Ex Wife, Ex Wife Refuses to Stop Talking About NBA Star

Photo Credit: Instagram/YouTube/Urban Belle

Photo Credit: Instagram/YouTube/Urban Belle

By: Amanda Anderson-Niles

Dwyane Wade and his ex-wife Siohvaughn Funches-Wade split a few years ago, but the drama between them hasn?t shown any signs of slowing down anytime soon. In fact, Sio is claiming she hasn?t been paid the court ordered spousal support in months, and she?s also claiming seeing her own sons with the Miami Heat star has been difficult because he?s allegedly not respecting the court ordered dates. Recently, she even made her feelings known out on the streets of Chicago as she held up a sign which read she was homeless and even claimed in interviews given to the press that D Wade has been paying off her lawyers to betray her and drop lawsuits behind her back. The the lawsuit she filed regarding an STD and the?recent $1 million lawsuit she filed over D Wade?s endorsement deals were also dropped, but Siohvaughn claims her lawyers actually did so without consulting her.

It now appears a divorce settlement has finally been reached, and it?s being reported Dwayne Wade is forking over $5 million. However, he?s requesting Siohvaughn has to keep her mouth shut about him, his family and his celebrity girlfriend Gabrielle Union to get it and to avoid hefty fines from the court. However, Siohvaughn made it clear after the hearing?she will not be silenced. The Chicago Sun-Times reports:

Funches-Wade also will receive the couples? former mansion in South Holland and four cars.

Brian Hurst, an attorney for Funches-Wade, argued that his client never fully agreed to all the provisions in the settlement, including the ?non-disparage? provision. But Cook County Circuit Court Judge John Thomas Carr decided both parties did agree on the deal and he found the settlement valid, effectively ending a six-year divorce proceeding that has drawn national attention.

Exactly what will constitute a disparaging remark still needs to be hammered out, but Wade?s attorney, James Pritikin, expects violation of the terms would result in a fine. Pritikin said protection from disparaging remarks also would extend to Wade?s family members, as well as his girlfriend, actress Gabrielle Union.

Outside the courtroom Monday, Funches-Wade expressed her displeasure with the decision. ?My voice isn?t for sale, my story isn?t for sale, no thank you.?

?

D Wade?s lawyer also released a statement ripping Sio for her latest protest on the Chicago streets. James Pritikin writes:

Dwyane Wade and his ex-wife Siohvaughn Funches have reached a financial settlement. The agreement was submitted in court last Tuesday, July 16 prior to Ms. Funches? recent unfounded and erratic public display outside the courthouse this past Friday. Dwyane Wade has made several requests over the years to settle this matter, despite Ms. Funches having 16 different attorneys and 2 arrests throughout this process. Mr. Wade has provided a very generous settlement to Ms. Funches to continue to live a wonderful lifestyle for the rest of her life.

Despite false allegations by Ms. Funches claiming to be ?homeless? and ?destitute,? Dwyane Wade has maintained over the years financial support to his ex-wife by providing her with income over $25,000 on a monthly basis, timely paid for her home mortgage, maintenance and security at the house, 4 cars, insurance, taxes and all of her attorney fees throughout this process. Ms. Funches has made a mockery of homelessness which is a serious and personal issue for Mr. Wade as his mother was homeless for a period of time when he was a child.

Dwyane Wade was awarded sole custody of their sons by the court in 2011. The safety and wellbeing of his children are his main priority. Due to Ms. Funches? current unstable mental state, her visitation will be determined by the court. Mr. Wade continues to hope that one day he will have a civil relationship with his ex-wife for the sake of their sons.

?

Sio and her attorney are not happy with the settlement considering she doesn?t want to be silenced. They plan to explore their legal options.

Source: http://urbanbellemag.com/2013/07/dwyane-wades-lawyer-rips-ex-wife-ex-wife-refuses-to-stop-talking-about-nba-star.html

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Sports Briefing | Football: Browns Sign Their Top Draft Pick, Mingo

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Source: www.nytimes.com --- Sunday, July 21, 2013
Cleveland signed linebacker Barkevious Mingo, the No. 6 overall pick in this year?s N.F.L. draft from Louisiana State, to a four-year contract. ? ? ? ? ...

Source: http://www.nytimes.com/2013/07/22/sports/football/browns-sign-their-top-draft-pick-mingo.html?partner=rss&emc=rss

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73 Sports Movies In 73 Days: 'Kingpin' - With Leather - Uproxx

Kingpin

As some readers, Twitterers and strangers in my Turkish bathhouse have pointed out, there has been a very strange and presumably coincidental trend on cable TV lately, with the random HBO, Cinemax and Showtime channels airing some of these movies that I?ve written about for this 73 Sports Movies in 73 Days feature within a day or two of posting. Naturally, I?d love to take credit for being powerful enough to manipulate the powers of cable programming, but if networks are going to listen to me about anything, I?d prefer that it be my idea for a 24-hour sitcom network that airs nothing but Seinfeld, 30 Rock, Parks and Recreation, Cheers and Wings. I?d call it ?Good NBC.?

But today was the fourth time that a cable channel caused me to change my mind, as I was already in the middle of watching one sports movie when I realized that another was on. And since this one was the 1996 Farrelly brothers comedy, Kingpin, I stopped watching the amazing disaster of a film that I had begun and instead watched what I remember as one of the funniest movies of my awkward teenage years.

How has it aged? It is now simply one of the best films I?ve ever seen, period. Let?s explore why.

How I Remembered Kingpin From 1996

I can?t even think of the last time that I actually watched the Woody Harrelson and Bill Murray comedy, but I remember that for at least one semester in college, I had the poster on my wall, in between Trainspotting and Pulp Fiction, because I WAS SO F*CKING ALTERNATIVE. Seriously, I was a clich? wrapped up in a stereotype.

When I snuck into Kingpin in ?96 with my friends, we laughed so hard that it hurt, because it was one of the most ridiculous raunchy comedies that we?d ever seen. Case in point:

Kingpin landlady

After all, the Farrellys helped usher in a new era of one-upmanship in dick jokes and sight gags, like pie-f*cking and pee-drinking, so of course the first thing that I wondered after watching Kingpin this morning was, ?What the hell went wrong with the Farrelly brothers??

But that?s another conversation that I?ll probably eventually have at FilmDrunk. In the meantime, this is a personal essay and discussion on how a movie about a bowling phenom on the brink of superstardom losing his hand, career and all-around reason to live because of his own naivety coupled with his rival?s bitter willingness to do whatever it takes to remain at the top affected my life.

The Moral Of The Story To A 16-Year Old

At its very core, Kingpin is a movie about how life sucks and nothing is really fair unless you?re willing to sacrifice your soul and humanity to do whatever it takes to crush the spirits and hopes of those around you. This, to teenage me, was absolutely hilarious, because seeing a grown man hit rock bottom and having sex with the most disgusting woman in the world is amazing, because there?s no way in hell that my life will ever be this bad:

Psycho 1Psycho 2

After all, 16-year old me wanted to write the world?s best movies before becoming a powerful and beloved politician, and maybe I?d even get back in better shape and work toward playing baseball in college. There is no such thing as rock bottom to a teenager in the suburbs, because reality is all puppy dogs and bong water.

So Kingpin was essentially just a film that taught me:

  1. Amish people exist and they?re different from me, so make fun of them because everything different is strange.
  2. If someone tells me the grossest, most obnoxious joke that he can think of, tell it back to him, only grosser and more obnoxious, because that?s true comedy. The Aristocrats!
  3. Bill Murray is the funniest man on the face of the planet.


The Moral Of The Story To A 34-Year Old

The realization that life can be so terrible isn?t really as funny as it was almost 20 years ago. The finer points of Roy Munson?s plummet to rock bottom, Ishmael?s inability to overcome his sibling rivalry and save his family as the banks are trying to take their land and Claudia?s helplessness at the hands of abusive relationship after abusive relationship (not to mention her acceptance of the ?whore? label) are just downright depressing now. That?s not to say that the same things that I laughed at 18 years ago aren?t still funny, but some of the scenes that once hurt my sides now actually hurt my heart.

Puking

Take, for instance, the final sequence of the film, as Roy mounts this incredible comeback against the same man who stole his hand and (in Roy?s misguided interpretation of past events) his entire life. Except, as you think that he?s poised to win the million dollars and renew his career as a professional bowler, Ernie McCracken once again rips Roy?s dreams and success away from him, but this time it?s in front of a huge crowd and millions of people at home. And in this scenario, Big Ern is everything that we hate rolled up into one horrible combover, as he taunts and gyrates in Roy?s face, before throwing his rubber hand into the crowd.

Big Ern Celebrating

Watching Roy just sit there and take it as people celebrate his second demise is gut-wrenching, even as he?s the last man left in the building. Add to it the fact that both Ishmael and Claudia apparently deserted him, and his life is as empty as it has ever been. Can it get worse? Yes, because Stanley and his henchman still come after him when Claudia leaves them, and Roy gets a literal gut punch this time to go along with the lifetime of figurative ones that he?d been taking.

With that, Kingpin is a film that today taught me:

  1. Life is about decisions, and the more bad decisions that we make, the deeper we dig ourselves into a hole that we simply cannot climb out of.
  2. But there is an alternative to digging. Instead of trying to change the past, we can take what we have and build a ladder to climb out and start over. Sure, we?ll be dirty and have nothing left to hang our hats on, but it?s better than being in a hole.
  3. If you make the right decisions, good things will happen. Roy decided to get clean and focus on being a better person, and he received $500,000 from Trojan to be the Rubber Man. Meanwhile, Claudia came back to him so she could change her life as well, and together they gave the half million to Ishmael?s family to save the farm, because their personal faults almost destroyed who he was, too.
  4. Bill Murray is still the funniest man on the face of the planet.

Movie lines don?t get much better than: ?It?s a small world when you?ve got unbelievable tits, Roy.?

Some leftover thoughts:

    • Some people will say Dumb & Dumber, some will say There?s Something About Mary. Some might even say Me, Myself & Irene. I still think Kingpin is the best Farrelly brothers movie, although I wouldn?t argue any of the others. I would, however, ask where it all went wrong. I say it was Shallow Hal, because I hated that movie.
    • In 1996, Bill Murray starred in Kingpin, Space Jam and Larger Than Life, which was a film about a salesman who inherited an elephant. I?m not saying that 1996 was Murray?s greatest year, but it was certainly up there.
    • I have never understood why Vanessa Angel didn?t have a better career. She?s incredibly beautiful and definitely wasn?t the worst actress. I mean, if Denise Richards could have a successful career as a leading lady for a few years, Angel should have at least had more of a chance. I blame Dan Aykroyd for pretending like a hot Russian soldier would have wanted to be with him after he and Chevy Chase saved the world in Spies Like Us.

Vanessa Angel

    • Randy Quaid?s IMDB page is a horrifying thing. Don?t take crazy pills, kids.

Urinal pooping

  • Is Kingpin the greatest bowling movie ever made? There are certainly slim pickings in the genre, but I only ask because we also have to ask if The Big Lebowski qualifies as a bowling film, as some people believe it does. Also, I don?t think I can make any specific decision without seeing the Canadian horror film Gutterballs, which seems to be about human heads being used as bowling balls.

Final Grade: 5 rose bowling balls out of 5, because I always wanted to own one of these balls.

Rose ball

Also, this song is still on my iPod to this day, because I hate being an adult:

Source: http://withleather.uproxx.com/2013/07/73-sports-movies-in-73-days-kingpin

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Monday, July 22, 2013

Joss Whedon talks comics, 'Avengers,' 'SHIELD'

SAN DIEGO (AP) ? Joss Whedon is the busiest man at Comic-Con.

The multihyphenate visionary talked television on Friday, film on Saturday and rounded out the four-day geek extravaganza meeting with fans and talking with reporters Sunday at the Dark Horse Comics booth about a new season of his Buffy the Vampire Slayer comic book series, the possibility of a "Serenity" title, and the dual realities of the Marvel film and television worlds.

After saying he can't give too many details about what's going on in all those projects, Whedon did give The Associated Press some insight in a quick interview as Comic-Con swirled around him and fans snapped his picture from afar.

AP: What can you tell us about the "Buffy the Vampire Slayer" story?

Whedon: I can't say much about what's going to happen. We're wrapping up Season 9 of "Buffy" and "Angel & Faith," and we've already sort of got a road map for Season 10, which I'm really excited about. Every season we get to come in and find and see a new aspect of what it's like for her and what it's like for anyone that's around her age that's going through life trying to figure it out. She's in her 20s, so she's trying to figure out what the hell she is. We've asked a lot of questions over the last two seasons. Season 10 I'm excited about because it has some very interesting answers for some of them. I can't really say. There's going to be a lot of back and forth between the comics ? not so much that if you only like one you won't get what's going on, because I hate that. But they do share a universe, all these characters, and their ability to sort of show up in each other's books is part of the huge fun. And the fact that Giles is now a young boy just makes me laugh and laugh.

AP: You have so much going on in film and TV, you could easily leave the comic books behind. Why do you keep doing them?

Whedon: Dark Horse came to me many years ago and said, "How do you feel about doing new stories with Buffy," and the show had been over for two or three years, and I realized I really really wanted to. Just writing those voices again, remembering that mission statement of let's tell the story of this girl and the trials of having power and trying to keep her friends together. It moves me. I love this medium. I've read comics my whole life. The idea that we got to create our own little comic book universe, it's very heady. I'm very grateful.

AP: Do you have plans to bring "Serenity" out as a comic book?

Whedon: That's the hope, but there's nothing official yet. It's patchy. "Buffy," the way it lent itself to a musical, lends itself to comic books in a very simple way. "Serenity," you've got to have the exact right sort of notion before I'll even let it go forward. Because it was taken away so fast, I was always leery of getting it wrong.

AP: You could revisit the war, take the characters into the future ...

Whedon: There's a lot you can do. I'm a little busy. I have some other stuff to do. But I have some ideas.

AP: Can the new "Marvel's Agents of SHIELD" television series thrive without the presence of already-known superheros from the Marvel universe?

Whedon: The thing is SHIELD itself is kind of an espionage book. They're all basically spies. Just the idea of these people's lives was fascinating in all its aspects, so if it was a situation where we had to have a superhero of the week, I would never have done the show. That would get old super fast. It's part of the Marvel collective, but there's also a lot more: The idea of dealing with not just the new technology, the alien stuff, and just regular people who are caught up in the wake of this world; the idea that "The Avengers" changed the game for the Marvel cinematic universe, which SHIELD is now a part of. The whole world suddenly found out there were superheros and aliens and all kinds of wonderful, terrible things, and that's going to have different repercussions for everybody. So there's a lot of different ways to approach every episode."

AP: Samuel L. Jackson told us yesterday he can't believe he's not involved in the new TV series as "SHIELD" Director Nick Fury. Do you see a role for him in the show?

Whedon: We would love to have Sam in the house. If we could work it out, we'd do it in a heartbeat. He's Sam. What are we, new? But we also have the movies and we have TV and we need to make sure there's some crossover, but not so much that people go, "Well, I don't need to see that movie. I saw it on TV." If we do that (Marvel Studios President) Kevin Feige is going to come after me with a pitchfork.

AP: You brought Agent Coulson back to life for the TV series after his apparent death in "The Avengers." Is it possible he'll return for the film's sequel as well?

Whedon: He could. Right now it's not something I'm pursuing because I have so much going on in "Avengers" 2. Finding out that Coulson is alive would be an entire B story. And I already have too much movie. That's better than the other thing.

___

Follow AP Music Writer Chris Talbott at http://twitter.com/Chris_Talbott .

___

Online:

http://comic-con.org

Source: http://news.yahoo.com/joss-whedon-talks-comics-avengers-shield-224325702.html

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UK watchdog imposes first fine on high-frequency trading

LONDON (Reuters) - Britain's Financial Conduct Authority has fined U.S. based trader Michael Coscia nearly $1 million for manipulating commmodities markets, its first penalty on ultra-fast trading.

High-frequency trading (HFT) uses so-called algorithmic software programmes to post orders in the blink of an eye.

The FCA said Coscia used an algorithmic programme in 2011 to "instigate an abusive trading strategy".

Coscia placed thousands of false orders for Brent crude, Gas Oil and Western Texas Intermediate futures from the United States on the ICE Futures Europe exchange in Britain, the FCA said.

Coscia made a profit of $279,920 over a six-week period of trading at the expense of other market participants, mainly other HFT traders.

(Reporting by Huw Jones, editing by Steve Slater)

Source: http://news.yahoo.com/uk-watchdog-imposes-first-fine-high-frequency-trading-125900873.html

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Harbor Story II for Windows Phone 1.2.3.8

Harbor Story II is a social simulation game that pus you in charge of your own harbor.

Gameplay consists of managing your harbor, building a fleet, trading with friends and sailing the oceans in search of treasure.

Please note that Harbor Story II is an online-only game and requires an internet connection.

Requirements:

? Windows Phone 8

Source: http://handheld.softpedia.com/get/Games/Simulation/Harbor-Story-II-for-Windows-Phone-142396.shtml

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