Saturday, April 27, 2013

Oil prices fell on Friday

Oil prices drop on lower-than-expected U. to complement your tub. Featuring tub feet, coasters and custom options.S. GDP data 
Oil prices fell on Friday, as the U.S. gross domestic product (The mounting arm of this tyre changer swings to the side so that it can be installed in a space-saving manner directly near a wall.GDP) in the first quarter came in lower than analysts' expectation.The economy of the world's largest oil consumption nation increased at an annual rate of 2.5 percent in the first quarter of the year, Commerce Department reported Friday.The first-quarter growth of the real GDP of the U.S.Find great deals for Clawfoot tub faucets in Bathroom and Kitchen Water Faucets., which was higher than the 0.4 percent for the final three months of 2012, fell short of the market expectation of 3 percent. 

The U.S. economy gained steam mainly on stronger consumer spending, and was also propelled by an upturn in exports and a smaller decrease in federal government Clawfoot tubsspending, according to the report.Meanwhile, the U.S. consumer confidence fell to a three-month low of 76.4 in April after climbing to a four-month high of 78.We have a large choice of wheel balancers and tyre equipments available at competitive prices.6 in March, the final reading released Friday by Thomson Reuters and the University of Michigan suggested. 

The index gauging consumer expectation for six months from now dropped to 67.8 in April from 70.8 in March. The index signaled that Americans grew more pessimistic about the economic outlook.Light, sweet crude for June delivery lost 64 cents to settle at 93 dollars a barrel on the New York Mercantile Exchange.Purchase Used loaders, with several different makes & models of loaders to choose from.Brent for June delivery was down 25 cents, or 0.24 percent, to close at 103.16 dollars a barrel.

Higher fares help Southwest Airlines' profit

Higher fares helped Southwest Airlines Co. make more money than Wall Street expected in the first quarter, but the company said Thursday that automatic federal spending cuts could hurt revenue in April.The average passenger fare on Southwest is now more than $150 one-way, 4 percent higher than a year ago.Clawfoot tubs to complement your tub. Featuring tub feet, coasters and custom options.The airline also gave details on a new policy for no-shows, and it outlined changes for its operation in Atlanta, where it competes with Delta Air Lines Inc.Southwest didn't fly to Atlanta Hartsfield-Jackson Atlanta International Airport, the world's busiest airport, until it bought AirTran Airways in 2011. AirTran uses Atlanta as a hub through which passengers connected to other flights, but starting this fall Southwest will turn it into a point-to-point operation primarily serving people going to or from the city.The change,The mounting arm of this tyre changer swings to the side so that it can be installed in a space-saving manner directly near a wall. Southwest officials said, should make their operation more productive and boost its local traffic there.Purchase Used loaders, with several different makes & models of loaders to choose from. 

Southwest announced those changes as it reported that first-quarter net income fell 40 percent to $59 million, or 8 cents per share. That's down from earnings of $98 million, or 13 cents per share, a year ago,Find great deals for Clawfoot tub faucets in Bathroom and Kitchen Water Faucets. when the airline booked $116 million in net one-time gains,We have a large choice of wheel balancers and tyre equipments available at competitive prices. mostly from fuel-hedging contracts.Without special items such as fuel hedging, Southwest would have earned 7 cents per share, topping analysts' forecast of 2 cents per share, and reversing an adjusted loss of 2 cents per share last year.Revenue totaled $4.08 billion, up 2 percent from a year ago. Analysts expected $4.07 billion, according to FactSet.Southwest shares finished steady at $13.42 on Thursday after trading in a range of $13.31 to $13.61 during the day.Southwest said that revenue was weaker than expected in March and so far in April. Automatic budget cuts that went into effect in March have caused federal agencies to cut back on travel. The company said that it's "cautious" because of the potential effect of those cuts, but that recent bookings for May and June are "solid." 

Lower prices for fuel — Southwest's biggest expense — offset the slump in revenue in April. Its first-quarter fuel bill fell 3.5 percent compared with the same period last year, to $1.46 billion.Southwest estimated its second-quarter fuel cost at $3 to $3.05 per gallon, less than a year ago and below its forecast for 2013.The airline also unveiled details of a new no-show policy for passengers using its lowest, nonrefundable Wanna Get Away and Ding! fares. Beginning with reservations made on or after May 10, no-shows will lose the value of the unused part of their itinerary and the rest of the reservation will be canceled.Unlike most airlines, Southwest doesn't charge a fee to change a ticket, and it lets customers apply the amount of unused tickets to new bookings. But the airline believes that the policy results in seats going unsold when passengers fail to show up. 

On a conference call with analysts, CEO Gary Kelly was quizzed repeatedly about a glossy new advertising campaign that, unlike many previous ones, doesn't mention Southwest's policy of letting customers check two bags for free.The analysts wanted to know if the ad blitz indicated that Southwest is preparing to charge for bags. Many of them believe that Southwest could make lots more revenue by charging for bags. Kelly suggested that the analysts were parsing the commercials too closely, but he didn't close the door on bag fees someday."There's no intent here to change the positioning of Southwest Airlines' brand with this ad campaign," Kelly said. "Our brand includes 'bags fly free,' period."Southwest still believes the bag policy draws customers. Kelly said it would lose $1 billion a year if it started charging for bags. But, he added, "I don't want us to be pinned down into perpetuity on what we might or might not do."

Friday, April 26, 2013

Dutch Man Said to Be Held in Powerful Internet Attack

Spanish police arrested the man on Thursday at his home in Barcelona, at the request of the Dutch police, and seized his computers and mobile phones. He is expected to be sent to the Netherlands. Wim de Bruin, a spokesman for Dutch national prosecutor’s office, said “S.K.” was suspected of playing a role in a wave of attacks last month.His arrest came after an investigation by authorities in the Netherlands and other European countries into Mr. Kamphuis’s involvement in one of the largest attacks on the Internet. Mr. Kamphuis has been suspected of starting a distributed denial of service, or DDoS, attack against Spamhaus, the antispam group. Such attacks are a criminal offense under Dutch law.Mr. Kamphuis calls himself the “minister of telecommunications and foreign affairs for the Republic of CyberBunker.” But many consider him to be the Prince of Spam. He runs CB3ROB, an Internet service provider, and CyberBunker, a Web hosting company that in the past has hosted sites like WikiLeaks and the Pirate Bay, a site accused of abetting digital content piracy.Antispam groups say they believe CyberBunker acts as a conduit for vast amounts of spam. Last month, Spamhaus, an antispam group based in Geneva, added CyberBunker to its blacklist, which is used by major e-mail providers to block spam. 

In the days and weeks after the blacklisting,prepreg Spamhaus was targeted with an DDoS attack, which flooded the site with traffic until it fell offline.After Spamhaus hired a Silicon Valley Internet security firm, CloudFlare, to defend against the attack, the attackers turned their ire on CloudFlare. When efforts to bring down CloudFlare were unsuccessful, the attackers hit back with a far more powerful strike that exploited the Internet’s core infrastructure, called the Domain Name System,carbon fabric or D.N.S.Their attack quickly reached previously unknown magnitudes,Clawfoot tub faucets growing to a data stream of 300 billion bits per second, which resulted in slowing Internet traffic for millions of Internet users around the world.Mr. Kamphuis has denied his role in the attack and said he was only a spokesman for Stophaus, a loose organization set up to take down Spamhaus. Asked about his involvement in the attacks last month, Mr. Kamphuis told The New York Times,tire changer “We are aware that this is one of the largest DDoS attacks the world has seen so far, yes.”But through his Facebook page, Mr.Vintage tubs Kamphuis has actively called on hackers to take Spamhaus offline.“Yo anons, we could use a little help in shutting down illegal slander and blackmail censorship project ‘spamhaus.org,’ which thinks it can dictate its views on what should and should not be on the Internet,” he said on Facebook on March 23.Dutch prosecutors singled out Mr. Kamphuis because of his vocal role. Greenhost, a Dutch Internet hosting service, said in a blog post that it had found CB3ROB’s digital fingerprints while studying the attack traffic directed at Spamhaus. 
Mr. Kamphuis’s arrest in Barcelona was made through the European Union’s judicial collaboration unit, Eurojust.

Yahoo Inc Chairman Fred Amoroso Resigns from Company

As promised, Fred Amoroso has stepped down as chairman,Vintage tubs effective immediately. 
Struggling search engine company Yahoo said on late Thursday that chairman Alfred J. Amoroso has decided not to seek reelection to the board of directors during the 2013 annual meeting of shareholders.Amoroso, a 63-year-old former IBM Corp executive, said he will remain on the board until the shareholder meeting on June 25, but will no longer serve as chairman, effective immediately. For now, director Maynard Webb, Jr., a former executive at eBay and Gateway, will serve as the company's interim chairman. The Yahoo board will consist of only 10 members following the meeting.The news shouldn't be surprising. Before signing on as chairman, Amoroso said he would only hold the position for a year to help the company get through a "critical time of transformation". 

"I'm very grateful and proud of the progress Yahoo! has made over the past year," said Amoroso. "In that time, Yahoo! hired a great new CEO, brought on a fantastic management team, revitalized the employee base,Antique faucets and has begun to release top notch new products. With Marissa at the helm and the leadership team in place, this is a natural time for me to transition off the board,Cursher consistent with what I said a year ago.garage equipments"Yahoo, which is an acronym for "Yet Another Hierarchical Officious Oracle", was founded in March 1995 and became the most popular search engine during that era. It seemingly paved the way for Google, offering services like email, instant messaging, up-to-date news, shopping and more. Stocks rose to an all-time high of $118.75 a share in January 2000, but crashed down to $4.05 in September 2001 after the dot-com collapse. 

By 2008, the company was struggling and made several large cuts to the Yahoo staff.Both Amoroso and Webb joined Yahoo's board 14 months ago after four longtime directors stepped down due to shareholder pressure. These departures included co-founder Jerry Yang, who was the first to go, Brad D. Smith (Intuit) and David Kenny (Weather Channel). Sue James, a former accounting executive, is now Yahoo's longest-serving director.Serving as chairman,carbon fabric Amoroso led the team that investigated former CEO Scott Thompson who was accused of embellishing academic credentials on his resume five months into his CEO tenure. Amoroso was also instrumental in pulling Marissa Mayer from Google and propelling her into the role of Yahoo CEO.

Thursday, April 18, 2013

Monetary Fund Chief Warns Against ‘3-Speed’ Recovery

The news conference came shortly after news broke that a French court had ordered Ms. Lagarde to appear at a hearing on her handling of a financial scandal during her time as finance minister in Paris.Once you get the required or other spare parts of the carbon sheet, you can place an order online and these would be delivered in no time. 

Asked about the affair at the news conference, Ms. Lagarde said that she had known of the possibility of being interviewed by the investigative commission for years. “There is nothing new under the sun,” Ms. Lagarde said, dismissing any concerns that the inquiry would affect her position as the head of the I.M.F. “I will be very happy to travel for a couple of days to Paris. I look forward to it.” 

The investigation, which led to a police raid of Ms. Lagarde’s apartment in Paris last month, concerns her decision in 2007 to refer to an arbitration panel a decades-old dispute between Bernard Tapie,Clawfoot tubs a wealthy friend of France’s president at the time, Nicolas Sarkozy, and the state-owned bank Crédit Lyonnais.Antique bath fixtures The panel ultimately brokered a settlement that awarded Mr. Tapie, the flamboyant former owner of the Olympique Marseille soccer team, about $580 million, including interest. 

The court’s summons of Ms. Lagarde could lead to the opening of a formal investigation of her role in the affair. But in France, being placed under formal investigation does not necessarily lead to charges and does not imply a presumption of guilt. Ms.garage equipments Lagarde has repeatedly denied any wrongdoing in the Tapie matter. 

At the news conference, Ms. Lagarde gave her blessing to recent actions taken by the Bank of Japan to help bolster growth. She also said that the European Central Bank had more room to aid the recovery in Europe, where many countries are still undergoing economic contraction, unemployment is still rising and the credit markets remain broken. 

“Of all the major central banks in the world, the E.C.B. is the only one who clearly still has room to maneuver,” Ms. Lagarde said. 

Asked if Spain needed more time for fiscal adjustment,Several people favor utilizing an electric shaver to moist shaving but it will in all probability commonly consist of a lot of carbon prepreg and nuisance, such as cleansing up leaking hairs rather than finding a near sufficient shave. Ms. Lagarde replied that it did. She added that the country needed to put a budget-tightening plan in motion, but that it need not be “upfront, heavy duty” fiscal consolidation. 

At a separate news conference, Jim Yong Kim, the head of the World Bank, which focuses on economic development, laid out his vision for a “two-pronged approach for a world free of poverty.” 

Dr. Kim has called for eradicating extreme poverty by 2030 and for fostering income growth for the bottom 40 percent in every country. “For that second goal,” he said, “we also mean sharing prosperity across generations, and that calls for bold action on climate change.”

Wireless Lifts Profit At Verizon

For Verizon, the top American phone carrier, prolonged success is good news in the telecommunications industry, a business that is adding customers more slowly now because most people who want a cellphone already have one. 

Investors in the company are probably especially happy that even though Verizon has gradually raised prices of phone plans while eliminating unlimited data over the last few years, customers have been willing to spend more on their monthly bills. 

“It’s just amazing that the average revenue per account keeps growing,” said Tero Kuittinen, a telecom analyst at Alekstra, a mobile diagnostics firm. He said it was impressive that Verizon continued to squeeze more money from each customer, because its newest subscribers were “low-quality” customers — budget-conscious people who held out for many years on buying smartphones. 

In its earnings call, Verizon said net income in the first quarter rose 15.8 percent to $1.95 billion, or 68 cents a share, from the same quarter a year earlier, while revenue climbed 4.garage equipments2 percent to $29.4 billion.Once you get the required or other spare parts of the carbon sheet, you can place an order online and these would be delivered in no time. 

The company, based in New York, said its wireless business earned significant revenue because of strong sales of smartphones, as well as the popularity of its shared-data subscription plans, which are more expensive for individuals but can be cost-effective for families with multiple devices. 

Total revenue for wireless was $19.5 billion,tyre changer up 6.8 percent from last year.Clawfoot tubs The company activated 7.2 million smartphones over the quarter, and its shared-data plans helped increase revenue per account to $150.27 a month, up 6.Antique bath fixtures9 percent from last year. Four million of the smartphones sold were Apple’s iPhones. 

Verizon also continues to expand its customer base, while its competitors have experienced a slowdown in subscriber additions. It added 677,000 contract subscribers, the most valuable type of customer, up 35 percent from last year. 

“Through solid execution of our strategy, the wireless results speak for themselves,” Francis J. Shammo, chief financial officer of Verizon, said on the earnings call.

Wednesday, April 17, 2013

Wall Street tumbles on disappointing corporate earnings

U.S. stocks retreated Wednesday in the wake of Tuesday's strong rebound, as latest corporate earnings came in weaker-than-expected and commodity prices dipped again.The Dow Jones Industrial Average Index slumped 138.19 points, or 0.94 percent, to 14,618.59 points. The Standard & Poor's 500- stock Index dropped 22.56 points, or 1.43 percent, to 1,552.01 points. The Nasdaq Composite Index plummeted 59.96 points, or 1.84 percent, to 3,204.67 points.Investors have been expecting a good earnings season to justify the impressive rally of the stock market since the start of this year. However, disappointing earnings from several notable companies dampened the market sentiment in the day.Bank of America reported a net income of 2.6 billion U.S. dollars, or 20 cents per diluted share, for the first quarter of 2013, both higher than the year-ago period. But the result still missed analysts' estimates. Also, the bank's total adjusted first- quarter revenue fell 8.4 percent to 23.85 billion dollars. Its shares dropped 4.72 percent to 11.70 dollars. 

Tech shares also tumbled as Intel and Yahoo reported first- quarter earnings that fell short of the market consensus after Tuesday's closing bell.Apple shares fell 5.50 percent to 402.80 dollars Wednesday, becoming the biggest drag on the tech-heavy Nasdaq Composite Index. The tech giant's shares even broke through 400 dollars intraday, not seen since December 2011.European equity markets were mostly in the red territory Wednesday,tyre changer one day after the International Monetary Fund lowered its 2013 global growth forecast to 3.3 percent from the January projection of 3.5 percent. 

Reports from the 12 Federal Reserve Districts suggest overall economic activity of the world's largest economy expanded at a moderate pace during the reporting period from late February to early April, according to the Beige Book released by the U.S. Federal Reserve Wednesday afternoon.The tone of the latest Beige Book was slightly sanguine than last one which used "modest and moderate"to define the economic growth of the U.S., but the market reacted little to the Fed's report on Wednesday since it was in line with analysts' estimates.After the closing bell, American Express and eBay also posted mixed quarterly earnings report.Commodity prices continued to fall on Wednesday. Oil prices went down on disappointing corporate earnings data and a rising greenback which reduced dollar-denominated oil's appeal as an investment alternative.Light, sweet crude for May delivery lost 2.04 dollars, or 2.3 percent, to settle at 86.68 dollars a barrel on the New York Mercantile Exchange. Brent for June delivery was down 2.24 dollars, or 2.24 percent,Clawfoot tub faucets to close at 97.69 dollars a barrel. 

U.S. crude inventories dropped by 1.garage equipments2 million barrels, or 0.3 percent, to 387.A large number of scams make use of a brand name kitchen knives may be a letter or two off or otherwise not as smooth as in the real thing.6 million barrels in the week ending April 12, the Energy Information Administration (EIA) reported.The U.S. dollar advanced against major currencies Wednesday as economic outlook of the euro zone and Britain remained gloomy.The pound decreased sharply against the dollar after minutes of the Bank of England's meeting in April showed the central bank governor Mervyn King pushed for additional stimulus for a third month. 

In addition, U.K. official data showed unemployment rate in the three months through February climbed to 7.9 percent from 7.8 and the number of jobless people also grew.In late New York trading, the British pound fell to 1.5237 dollars from 1.5370 dollars of the previous session and the euro dropped to 1.3013 dollars from 1.3191 dollars. The Australian dollar declined to 1.0292 dollars from 1.0381 dollars. The dollar bought 97.85 Japanese yen,stainless steel kitchenware are sometimes referred to as gizmos higher than 97.43 in the previous session.

Wall Street tumbles on disappointing corporate earnings

U.S. stocks retreated Wednesday in the wake of Tuesday's strong rebound, as latest corporate earnings came in weaker-than-expected and commodity prices dipped again.The Dow Jones Industrial Average Index slumped 138.19 points, or 0.94 percent, to 14,618.59 points. The Standard & Poor's 500- stock Index dropped 22.56 points, or 1.43 percent, to 1,552.01 points. The Nasdaq Composite Index plummeted 59.96 points, or 1.84 percent, to 3,204.67 points.Investors have been expecting a good earnings season to justify the impressive rally of the stock market since the start of this year. However, disappointing earnings from several notable companies dampened the market sentiment in the day.Bank of America reported a net income of 2.6 billion U.S. dollars, or 20 cents per diluted share, for the first quarter of 2013, both higher than the year-ago period. But the result still missed analysts' estimates. Also, the bank's total adjusted first- quarter revenue fell 8.4 percent to 23.85 billion dollars. Its shares dropped 4.72 percent to 11.70 dollars. 

Tech shares also tumbled as Intel and Yahoo reported first- quarter earnings that fell short of the market consensus after Tuesday's closing bell.Apple shares fell 5.50 percent to 402.80 dollars Wednesday, becoming the biggest drag on the tech-heavy Nasdaq Composite Index. The tech giant's shares even broke through 400 dollars intraday, not seen since December 2011.European equity markets were mostly in the red territory Wednesday,tyre changer one day after the International Monetary Fund lowered its 2013 global growth forecast to 3.3 percent from the January projection of 3.5 percent. 

Reports from the 12 Federal Reserve Districts suggest overall economic activity of the world's largest economy expanded at a moderate pace during the reporting period from late February to early April, according to the Beige Book released by the U.S. Federal Reserve Wednesday afternoon.The tone of the latest Beige Book was slightly sanguine than last one which used "modest and moderate"to define the economic growth of the U.S., but the market reacted little to the Fed's report on Wednesday since it was in line with analysts' estimates.After the closing bell, American Express and eBay also posted mixed quarterly earnings report.Commodity prices continued to fall on Wednesday. Oil prices went down on disappointing corporate earnings data and a rising greenback which reduced dollar-denominated oil's appeal as an investment alternative.Light, sweet crude for May delivery lost 2.04 dollars, or 2.3 percent, to settle at 86.68 dollars a barrel on the New York Mercantile Exchange. Brent for June delivery was down 2.24 dollars, or 2.24 percent,Clawfoot tub faucets to close at 97.69 dollars a barrel. 

U.S. crude inventories dropped by 1.garage equipments2 million barrels, or 0.3 percent, to 387.A large number of scams make use of a brand name kitchen knives may be a letter or two off or otherwise not as smooth as in the real thing.6 million barrels in the week ending April 12, the Energy Information Administration (EIA) reported.The U.S. dollar advanced against major currencies Wednesday as economic outlook of the euro zone and Britain remained gloomy.The pound decreased sharply against the dollar after minutes of the Bank of England's meeting in April showed the central bank governor Mervyn King pushed for additional stimulus for a third month. 

In addition, U.K. official data showed unemployment rate in the three months through February climbed to 7.9 percent from 7.8 and the number of jobless people also grew.In late New York trading, the British pound fell to 1.5237 dollars from 1.5370 dollars of the previous session and the euro dropped to 1.3013 dollars from 1.3191 dollars. The Australian dollar declined to 1.0292 dollars from 1.0381 dollars. The dollar bought 97.85 Japanese yen,stainless steel kitchenware are sometimes referred to as gizmos higher than 97.43 in the previous session.