New rules aim to get rid of junk foods in schools


WASHINGTON (AP) — Most candy, high-calorie drinks and greasy meals could soon be on a food blacklist in the nation's schools.


For the first time, the government is proposing broad new standards to make sure all foods sold in schools are more healthful.


Under the new rules the Agriculture Department proposed Friday, foods like fatty chips, snack cakes, nachos and mozzarella sticks would be taken out of lunch lines and vending machines. In their place would be foods like baked chips, trail mix, diet sodas, lower-calorie sports drinks and low-fat hamburgers.


The rules, required under a child nutrition law passed by Congress in 2010, are part of the government's effort to combat childhood obesity. While many schools already have improved their lunch menus and vending machine choices, others still are selling high-fat, high-calorie foods.


Under the proposal, the Agriculture Department would set fat, calorie, sugar and sodium limits on almost all foods sold in schools. Current standards already regulate the nutritional content of school breakfasts and lunches that are subsidized by the federal government, but most lunchrooms also have "a la carte" lines that sell other foods. Food sold through vending machines and in other ways outside the lunchroom has never before been federally regulated.


"Parents and teachers work hard to instill healthy eating habits in our kids, and these efforts should be supported when kids walk through the schoolhouse door," Agriculture Secretary Tom Vilsack said.


Most snacks sold in school would have to have less than 200 calories. Elementary and middle schools could sell only water, low-fat milk or 100 percent fruit or vegetable juice. High schools could sell some sports drinks, diet sodas and iced teas, but the calories would be limited. Drinks would be limited to 12-ounce portions in middle schools and to 8-ounce portions in elementary schools.


The standards will cover vending machines, the "a la carte" lunch lines, snack bars and any other foods regularly sold around school. They would not apply to in-school fundraisers or bake sales, though states have the power to regulate them. The new guidelines also would not apply to after-school concessions at school games or theater events, goodies brought from home for classroom celebrations, or anything students bring for their own personal consumption.


The new rules are the latest in a long list of changes designed to make foods served in schools more healthful and accessible. Nutritional guidelines for the subsidized lunches were revised last year and put in place last fall. The 2010 child nutrition law also provided more money for schools to serve free and reduced-cost lunches and required more meals to be served to hungry kids.


Sen. Tom Harkin, D-Iowa, has been working for two decades to take junk foods out of schools. He calls the availability of unhealthful foods around campus a "loophole" that undermines the taxpayer money that helps pay for the healthier subsidized lunches.


"USDA's proposed nutrition standards are a critical step in closing that loophole and in ensuring that our schools are places that nurture not just the minds of American children but their bodies as well," Harkin said.


Last year's rules faced criticism from some conservatives, including some Republicans in Congress, who said the government shouldn't be telling kids what to eat. Mindful of that backlash, the Agriculture Department exempted in-school fundraisers from federal regulation and proposed different options for some parts of the rule, including the calorie limits for drinks in high schools, which would be limited to either 60 calories or 75 calories in a 12-ounce portion.


The department also has shown a willingness to work with schools to resolve complaints that some new requirements are hard to meet. Last year, for example, the government relaxed some limits on meats and grains in subsidized lunches after school nutritionists said they weren't working.


Schools, the food industry, interest groups and other critics or supporters of the new proposal will have 60 days to comment and suggest changes. A final rule could be in place as soon as the 2014 school year.


Margo Wootan, a nutrition lobbyist for the Center for Science in the Public Interest, said surveys by her organization show that most parents want changes in the lunchroom.


"Parents aren't going to have to worry that kids are using their lunch money to buy candy bars and a Gatorade instead of a healthy school lunch," she said.


The food industry has been onboard with many of the changes, and several companies worked with Congress on the child nutrition law two years ago. Major beverage companies have already agreed to take the most caloric sodas out of schools. But those same companies, including Coca-Cola and PepsiCo, also sell many of the non-soda options, like sports drinks, and have lobbied to keep them in vending machines.


A spokeswoman for the American Beverage Association, which represents the soda companies, says they already have greatly reduced the number of calories that kids are consuming at school by pulling out the high-calorie sodas.


___


Follow Mary Clare Jalonick on Twitter at http://twitter.com/mcjalonick


Read More..

"Great Rotation"- A Wall Street fairy tale?

NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights.


That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January.


Late-stage bull markets are typically marked by an influx of small investors coming late to the party - such as when your waiter starts giving you stock tips. For that to happen you need a good story. The "great rotation," with its monumental tone, is the perfect narrative to make you feel like you're missing out.


Even if something approaching a "great rotation" has begun, it is not necessarily bullish for markets. Those who think they are coming early to the party may actually be arriving late.


Investors pumped $20.7 billion into stocks in the first four weeks of the year, the strongest four-week run since April 2000, according to Lipper. But that pales in comparison with the $410 billion yanked from those funds since the start of 2008.


"I'm not sure you want to take a couple of weeks and extrapolate it into whatever trend you want," said Tobias Levkovich, chief U.S. equity strategist at Citigroup. "We have had instances where equity flows have picked up in the last two, three, four years when markets have picked up. They've generally not been signals of a continuation of that trend."


The S&P 500 rose 5 percent in January, its best month since October 2011 and its best January since 1997, driving speculation that retail investors were flooding back into the stock market.


Heading into another busy week of earnings, the equity market is knocking on the door of all-time highs due to positive sentiment in stocks, and that can't be ignored entirely. The Standard & Poor's 500 Index <.spx> ended the week about 4 percent from an all-time high touched in October 2007.


Next week will bring results from insurers Allstate and The Hartford , as well as from Walt Disney , Coca-Cola Enterprises and Visa .


But a comparison of flows in January, a seasonal strong month for the stock market, shows that this January, while strong, is not that unusual. In January 2011 investors moved $23.9 billion into stock funds and $28.6 billion in 2006, but neither foreshadowed massive inflows the rest of that year. Furthermore, in 2006 the market gained more than 13 percent while in 2011 it was flat.


Strong inflows in January can happen for a number of reasons. There were a lot of special dividends issued in December that need reinvesting, and some of the funds raised in December tax-selling also find their way back into the market.


During the height of the tech bubble in 2000, when retail investors were really embracing stocks, a staggering $42.7 billion flowed into equities in January of that year, double the amount that flowed in this January. That didn't end well, as stocks peaked in March of that year before dropping over the next two-plus years.


MOM AND POP STILL WARY


Arguing against a 'great rotation' is not necessarily a bearish argument against stocks. The stock market has done well since the crisis. Despite the huge outflows, the S&P 500 has risen more than 120 percent since March 2009 on a slowly improving economy and corporate earnings.


This earnings season, a majority of S&P 500 companies are beating earnings forecast. That's also the case for revenue, which is a departure from the previous two reporting periods where less than 50 percent of companies beat revenue expectations, according to Thomson Reuters data.


Meanwhile, those on the front lines say mom and pop investors are still wary of equities after the financial crisis.


"A lot of people I talk to are very reluctant to make an emotional commitment to the stock market and regardless of income activity in January, I think that's still the case," said David Joy, chief market strategist at Columbia Management Advisors in Boston, where he helps oversee $571 billion.


Joy, speaking from a conference in Phoenix, says most of the people asking him about the "great rotation" are fund management industry insiders who are interested in the extra business a flood of stock investors would bring.


He also pointed out that flows into bond funds were positive in the month of January, hardly an indication of a rotation.


Citi's Levkovich also argues that bond investors are unlikely to give up a 30-year rally in bonds so quickly. He said stocks only began to see consistent outflows 26 months after the tech bubble burst in March 2000. By that reading it could be another year before a serious rotation begins.


On top of that, substantial flows continue to make their way into bonds, even if it isn't low-yielding government debt. January 2013 was the second best January on record for the issuance of U.S. high-grade debt, with $111.725 billion issued during the month, according to International Finance Review.


Bill Gross, who runs the $285 billion Pimco Total Return Fund, the world's largest bond fund, commented on Twitter on Thursday that "January flows at Pimco show few signs of bond/stock rotation," adding that cash and money markets may be the source of inflows into stocks.


Indeed, the evidence suggests some of the money that went into stock funds in January came from money markets after a period in December when investors, worried about the budget uncertainty in Washington, started parking money in late 2012.


Data from iMoneyNet shows investors placed $123 billion in money market funds in the last two months of the year. In two weeks in January investors withdrew $31.45 billion of that, the most since March 2012. But later in the month money actually started flowing back.


(Additional reporting by Caroline Valetkevitch; Editing by Kenneth Barry)



Read More..

Scotland Yard Official, April Casburn, Sentenced to Jail in Murdoch Hacking Scandal





LONDON — A senior police officer in Scotland Yard’s counterterrorism command, Detective Chief Inspector April Casburn, was sentenced to a 15-month prison term on Friday for seeking cash payments from Rupert Murdoch’s News of the World tabloid in return for information about a Scotland Yard investigation into phone hacking at the paper.




A unanimous jury verdict after a four-day trial earlier this month made Ms. Casburn, 53, the first person to be convicted of a criminal offense in the phone hacking scandal that has enveloped Mr. Murdoch’s newspaper domain in Britain over the last 30 months. The judge told Ms. Casburn that she would have drawn a three-year term if she were not in the process of adopting a child.


At the trial, the jury was told that evidence implicating Ms. Casburn was provided to Scotland Yard by an internal investigative unit established by Mr. Murdoch’s News Corporation, known as the management and standards committee, which was started as part of Mr. Murdoch’s pledge in 2011 that his company would give the police any incriminating information that it came across as it trawled through millions of e-mails and other documents relating to the hacking scandal.


Ms. Casburn, who was impassive as the judge pronounced sentence, had told the court that she had telephoned The News of the World because she was angry that her superiors had decided to divert money and resources from counterterrorism operations to the phone hacking scandal and thought that she was acting in the public interest.


At the time, Detective Casburn, who had previously worked in the world of private finance, was head of the counterterrorism unit’s financial investigative team, tracking the financing of terrorist operations. She told the court that as a woman working with a closely knit group of men, she often felt isolated and excluded and that her feelings on that score had contributed to what she described as a “mad” and deeply regrettable action in calling the tabloid.


Crucially, she denied asking for any payment from the newspaper — a pivotal issue in the case after the jury was told that the News of the World reporter who took the call wrote an e-mail to his editors immediately after the conversation saying that the officer had asked to be paid for confidential information about police plans to revive an investigation into phone hacking that had been halted three years earlier. The e-mail said that Ms. Casburn had named several individuals who were a target of the police inquiry.


But the judge, Sir Adrian Fulford, said that Ms. Casburn’s actions could not be described as “whistle-blowing.” He noted that the jury had rejected her claim that she had not sought payment and described her actions as “a corrupt attempt to make money out of sensitive and potentially very damaging information.” He added, “If The News of the World had accepted her offer, it’s clear, in my view, that Ms. Casburn would have taken the money, and, as a result, she posed a significant threat to the integrity of this important police investigation.”


More trials are expected to follow this year as prosecutors work their way through the cases of more than 90 editors, reporters, investigators and news executives who have been arrested and questioned in a wide-ranging investigation that has spread beyond phone hacking to computer hacking, bribery of public officials and tampering with evidence, among other forms of wrongdoing.


The scandal has shaken Mr. Murdoch’s global media empire, costing it hundreds of millions of dollars in legal settlements and other costs. It also precipitated a breakup of Mr. Murdoch’s media conglomerate, News Corporation, based in New York, into two companies that will separate the company’s newspaper holdings, some of them in a financially perilous state, and its far more lucrative television and film interests.


Revelations about the covert working practices of powerful British newspapers, mainly at two Murdoch-owned mass-circulation tabloids, the daily Sun and the Sunday News of the World, which was shuttered by Mr. Murdoch as the phone hacking scandal burgeoned in 2011, have also had profound reverberations across Britain. The report late last year of a public inquiry led by a high court judge, Sir Brian Leveson, exposed, in addition to the widespread newsroom malpractice, a pattern of unhealthily cozy relationships between Britain’s newspapers, its senior politicians, and the police.


With her sentencing on Friday, Ms. Casburn, one of the most senior female officers at Scotland Yard, became a totem for others facing prosecution and possible jail terms at trials later this year. Among them are Andy Coulson, a former News of the World editor who went on to become communications chief for Prime Minister David Cameron before quitting over the scandal; Rebekah Brooks, a former Sun and News of the World editor who became Mr. Murdoch’s handpicked chief executive at News International, the Murdoch newspaper subsidiary in Britain, before resigning with a multimillion-dollar buyout; and Charlie Brooks, Ms. Brooks’s husband, who is an Eton College contemporary and sometime riding companion of Mr. Cameron.


Before the sentencing of Ms. Casburn, the only convictions in the phone hacking upheaval came in 2007, when an earlier police investigation resulted in jail terms of four months for Clive Goodman, The News of the World’s royal correspondent, and six months for Glenn Mulcaire, for their role in hacking into the cellphone messages of royal family members and their aides.


Their trials brought a three-year hiatus in the Scotland Yard investigation after prosecutors accepted assurances from the Murdoch-owned papers that the activities of the two men constituted a “rogue” operation and that there was no wider pattern of criminal wrongdoing at the tabloids.


That changed in 2010, when Scotland Yard reopened its investigation, Ms. Casburn’s trial was told, on the basis of an article in The New York Times that concluded that there had been a widespread pattern of phone hacking at The News of the World. Within a week of that article, a senior Scotland Yard officer, Assistant Commissioner John Yates, was ordered to review police files. The Casburn jurors were told that she made her call to The News of the World shortly after Mr. Yates briefed members of the counterterrorism unit on his plans for the investigation.


Read More..

3 Things That Still Worry Me About BlackBerry






BlackBerry put on a pretty good show on Wednesday when it revealed the Z10 and the Q10, its first new smartphones in a year and a half. The demos were crisp, and the new BlackBerry 10 software looked clever. At the very least, it seems that BlackBerry has finally joined the modern smartphone era.


But despite my interest in BlackBerry’s new phones, I’m still worried about the future of the platform, and not merely because it’s been off the radar for a while. Looking at what BlackBerry did and didn’t announce, and what reviewers are saying about the product, gives me a few big reasons for concern:






Apps, Both Present and Future


BlackBerry deserves credit for having lots of apps out of the gate–more than 70,000, the company says–including some important ones like Twitter, Facebook, Angry Birds and The New York Times. Still, there are some big names missing from the list, including Netflix, YouTube, Spotify and Instagram. You can’t expect a new platform to have everything right away, though, so I don’t want to judge BlackBerry’s current app count too harshly.


It’s the future that I’m really worried about. What happens when the next Instagram comes out, and becomes a sensation on the iPhone and Android? Will BlackBerry be like Windows Phone–that is, just an afterthought in the minds of up-and-coming app developers? The good news is that Android apps are relatively easy to port to BlackBerry 10 (in fact, roughly 40 percent of those 70,000 launch apps are simple ports, ReadWrite notes), so RIM just has to convince developers to make a relatively small effort. We’ll see if they do.


Never Neglect Maps


The consensus among BlackBerry Z10 reviews is that its Maps app is subpar. The Verge complained about inaccurate data, and said the software couldn’t reliably find local businesses. CNet bemoaned a lack of features, such as walking directions, transit maps and street views. Apparently the software doesn’t even let you jump into the Maps app by tapping on an address or map in the web browser. That’s just basic stuff. At least the Maps app includes voice-guided turn-by-turn directions.


In any case, having a good mapping service isn’t just about telling you where to go. It’s about using your location to deliver useful information. Google Now, for instance, can warn you about traffic before your commute home, and Apple‘s Passbook can call up a boarding pass when you get to the airport. These days, a really good standalone Maps app is only part of the equation, and BlackBerry doesn’t even have that yet.


Voice Commands and Virtual Assistants


BlackBerry has added voice commands in its new phones, but the list of supported actions is paltry compared to what Android and the iPhone offer. You can’t ask for movie times, the weather forecast, directions, or things to do. You can’t tell the phone to start playing music, answer a trivia question, calculate numbers or set reminders.


You may argue that it doesn’t matter, that most people don’t rely too heavily on voice commands to begin with. I think that will change as these virtual assistants become faster and support more types of queries. They’ll also become more useful in automobiles–in fact, some car makers are now starting to integrate Siri–and they may some day play a big role in wearable computing, allowing you to communicate by voice when your phone is just out of reach. It’s still early days for this kind of technology, but Apple and Google already have a huge head start. BlackBerry, by comparison, is just getting started.


I’m not saying the new BlackBerry phones are no good, or that no one should use them. Like I said before, the software has some clever ideas, such as the Hub that combines all communications into one area, and the Balance feature that acts as a separate login for business use. But the smartphone industry moves quickly, and BlackBerry’s period of rebuilding has taken its toll in a few key areas. As with before, it’s going to be hard for the company to catch up.


MORE: Check out a video about the new hardware and features


Wireless News Headlines – Yahoo! News





Title Post: 3 Things That Still Worry Me About BlackBerry
Url Post: http://www.news.fluser.com/3-things-that-still-worry-me-about-blackberry/
Link To Post : 3 Things That Still Worry Me About BlackBerry
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Drew Barrymore Wears Sweatpants She Finds on the Floor







Style News Now





01/31/2013 at 09:00 AM ET











Drew Barrymore Harper's BazaarDaniel Jackson for Harper’s BAZAAR


If you take away the fact that she’s a multi-talented movie star, producer, former CoverGirl and current cosmetics mogul who got married in Chanel, we really have a ton in common with Drew Barrymore.


For instance, we share the same life motto. “I live for makeup and I like wine. These are my truths!” she says in the March issue of Harper’s Bazaar of the decision to start Flower Cosmetics and Barrymore Wines while pregnant with daughter Olive.


More revelations that we’re totally on board with? “I wear sweatpants than I find on the floor” (on why she didn’t want to start a fashion line, like many celebs) and “It’s my crusade to help women feel good about themselves” — something that we at PEOPLE StyleWatch fully relate to.


It’s to fulfill that mission that she started Flower in the first place, and why she’s been so involved in everything from the formula to the packaging: “It’s about … a girl watching her mom at a vanity table,” she says. “I wanted warmth and acceptance and self-love.” And if she achieves that with Flower while wearing homemade tie-dye yoga pants (you’ve got to read it to believe it), well, we’ll love her even more.


To read more on Drew Barrymore’s next big steps, click here and pick up the biggest-ever March issue of Harper’s Bazaar, on stands Feb. 12.


–Alex Apatoff


PHOTO: SHOP STAR LOOKS — FOR LESS!




Read More..

Hedgehog Alert! Prickly pets can carry salmonella


NEW YORK (AP) — Add those cute little hedgehogs to the list of pets that can make you sick.


In the last year, 20 people were infected by a rare but dangerous form of salmonella bacteria, and one person died in January. The illnesses were linked to contact with hedgehogs kept as pets, according to a report released Thursday by the Centers for Disease Control and Prevention.


Health officials on Thursday say such cases seem to be increasing.


The CDC recommends thoroughly washing your hands after handling hedgehogs and cleaning pet cages and other equipment outside.


Other pets that carry the salmonella bug are frogs, toads, turtles, snakes, lizards, chicks and ducklings.


Seven of the hedgehog illnesses were in Washington state, including the death — an elderly man from Spokane County who died in January. The other cases were in Alabama, Illinois, Indiana, Michigan, Minnesota, Ohio and Oregon.


In years past, only one or two illnesses from this salmonella strain have been reported annually, but the numbers rose to 14 in 2011, 18 last year, and two so far this year.


Children younger than five and the elderly are considered at highest risk for severe illness, CDC officials said.


Hedgehogs are small, insect-eating mammals with a coat of stiff quills. In nature, they sometimes live under hedges and defend themselves by rolling up into a spiky ball.


The critters linked to recent illnesses were purchased from various breeders, many of them licensed by the U.S. Department of Agriculture, CDC officials said. Hedgehogs are native to Western Europe, New Zealand and some other parts of the world, but are bred in the United States.


___


Online:


CDC report: http://www.cdc.gov/mmwr


Read More..

Wall Street opens higher after payrolls data


NEW YORK (Reuters) - Stocks opened higher on Friday as strong upward revisions to job creation estimates for December and November offset a slight disappointment in the January payroll report.


The Dow Jones industrial average <.dji> rose 98.56 points or 0.71 percent, to 13,959.14, the S&P 500 <.spx> gained 8.98 points or 0.6 percent, to 1,507.09 and the Nasdaq Composite <.ixic> added 21.41 points or 0.68 percent, to 3,163.54.


(Reporting by Rodrigo Campos; Editing by Bernadette Baum)



Read More..

IHT Rendezvous: Europeans Dismantle People-Smuggling Ring

LONDON — European police said on Wednesday that they had dismantled a criminal network that smuggled illegal migrants into the European Union, arresting more than 100 suspects across the Continent, from France to the Balkans.

The network smuggled people principally from Afghanistan, Iraq, Pakistan, Syria and Turkey.

Europol, a joint law enforcement agency set up to fight serious crime in the 27-member Union, said 117 house searches had been carried out in operations in the early hours of Tuesday morning that involved more than 1,200 police officers.

The latest crackdown on people-smugglers highlighted a chronic problem for European authorities as would-be migrants, desperate to escape poverty and conflict in their home countries, put their fate in the hands of organized criminal gangs to take a well-worn route via Turkey and the Balkans.

Interpol says the traffic is a high-profit, low-risk enterprise for transnational criminal syndicates.

“People smuggling syndicates are drawn by the huge profits that can be made, while benefiting from weak legislation and the relatively low risk of detection, prosecution and arrest,” according to the international police organization.

The International Organization for Migration (I.O.M.) said in a 2011 report that the activity earns organized crime groups an estimated $3 to $10 billion a year worldwide.

Europol described this week’s action as one of the largest coordinated efforts against people smugglers at a European level. It was also the latest indication that countries are pooling resources to fight international organized crime gangs.

Police and migration experts say there is a difference between people-smuggling, in which would-be migrants voluntarily pay to illegally cross transnational borders, and people-trafficking, which involves the criminal exploitation of duped or unwilling victims.

“Smuggling implies the procurement of irregular entry into a state of which the individual is neither a citizen nor a permanent resident, for financial or material gain,” according to the I.O.M. “Trafficking, on the other hand, occurs for the purpose of exploitation, often involving forced labor and prostitution.”

However, that may turn out to be a fine distinction for would-be illegal migrants who face abuse at the hands of the crime gangs.

Europol said migrants were often smuggled in inhuman and dangerous conditions in small hidden compartments in the floor of buses or trucks, in freight trains or on boats.

Gangs operating on the so-called West Balkans smuggling route have proved to be innovative and flexible in the face of increased international cooperation to tackle the trade.

Greek police broke up a smuggling network in 2007 that was transporting Albanian migrants across a dangerous mountain route. The smugglers then switched to alternative routes via Croatia, Montenegro and Serbia to Italy, Hungary and Slovenia.

The main destinations of the illegal migrants are France, Britain, Spain, Italy and Belgium. The raids this week involved operations in France and Germany as well as eastern Europe and Turkey.

Europol reported 103 arrests and said cell phones, computers, cash and a semi-automatic rifle with a large amount of ammunition were among the items seized.

In November, British immigration officers arrested eight suspects in an alleged criminal network suspected of helping Iranian migrants reach Britain from mainland Europe. That followed a joint investigation with Spain’s Guardia Civil that led to 11 other arrests in Madrid and Alicante.

Although the illegal immigrants may be traveling willingly in the search of a better life, people-smuggling is not a victimless crime.

The I.O.M. said in its 2011 report: “Numerous other crimes are oftentimes linked to people smuggling – human trafficking, identity fraud, corruption and money laundering – creating shadow governance systems that undercut the rule of law.”

Read More..

Facebook slumps as mobile ad growth fails to impress






(Reuters) – Shares of Facebook Inc were set to open 7 percent lower on Thursday as a surge in fourth-quarter mobile advertising revenue failed to live up to Wall Street’s high expectations.


Three brokerages downgraded the stock of the No. 1 social network, which has struggled to develop a full-fledged mobile advertising business.






Facebook has long established itself as one of the most important websites, but investors have worried that until the company’s mobile advertising strategy takes off, revenue growth will remain shaky.


The company reported a better-than-expected fourth-quarter profit on Wednesday and said its mobile advertising revenue doubled to $ 306 million, suggesting it was making inroads into handheld devices such as smartphones and tablets.


Investors were looking for at least $ 350 million in mobile advertising revenue, Piper Jaffray analyst Gene Munster said in a note to clients.


“While the trajectory of mobile growth may not be as steep as some investors were hoping, the theme of mobile as the future of Facebook remains intact,” he said.


BMO Capital Markets analyst Daniel Salmon, who downgraded the stock to “market perform” from “outperform”, however said Facebook’s 2013 stock performance would not be dictated by its ability to generate mobile ad dollars.


He said new catalysts were necessary to drive Facebook’s stock price up.


Facebook’s stock, which has lost over a quarter of its value since its botched debut in May, were down at $ 29.08 in premarket trading. The shares closed at $ 31.24 on the Nasdaq on Wednesday.


(Reporting by Neha Alawadhi in Bangalore; Editing by Saumyadeb Chakrabarty)


Social Media News Headlines – Yahoo! News





Title Post: Facebook slumps as mobile ad growth fails to impress
Url Post: http://www.news.fluser.com/facebook-slumps-as-mobile-ad-growth-fails-to-impress/
Link To Post : Facebook slumps as mobile ad growth fails to impress
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Elton John's Family Album















01/31/2013 at 10:00 AM EST



Like any parents about to welcome their second child, Elton John and partner David Furnish wondered how their 2-year-old son Zachary would react when his little brother Elijah came home.

Turns out, they had nothing to worry about.

Zachary "is as excited as we are," says John, 65, who, with Furnish, 50, welcomed Elijah on Jan. 11 in L.A. via the same surrogate who delivered Zachary in 2010 (they also used the same egg donor and again chose not to learn which of them was their son's biological father).

"Zachary has given him lots of cuddles," says Furnish. "But we suspect he's wondering how much longer he has to wait until they can play together!"

Read More..