Wall Street gets a boost from good jobs news

2 hrs.

From wire services , NBC News

Stocks are opening higher on Wall Street Thursday after a pair of encouraging reports on employment.

Payroll provider ADP said U.S. businesses added 158,000 jobs in October, and the Labor Department reported that applications for unemployment benefits dropped 9,000 to 363,000 last week. That's a level that suggests employers are starting to hire workers again.?

Market participation remained low in the wake of a major storm in the U.S. northeast that forced a historic two-day weather-related market closure. Many traders remained unable to get to their office or work from home given issues with power and public transit.?

The Dow Jones industrial average rose 72 points to 13,168 shortly after the opening bell.?

The Standard & Poor's 500 index rose five points to 1,418 and the Nasdaq composite rose 14 points to 2,991.?

Retailers are posting sales figures for October as well on Thursday, as are automakers.?

Target posted a 2.4 percent rise in same-store revenue, but that fell short of the 3.3 percent hike that industry analysts were looking for. Target's stock fell 69 cents to $63.06.?

Chrysler had its best October in five years as sales for the month rose 10 percent even though Superstorm Sandy washed out three days of business on the East Coast.?

Shares of General Motors surged Wednesday after the company reported third-quarter earnings that were far better than Wall Street expected.?

There will be a rush of earnings reports Thursday with so many postponed by the storm.?

Exxon Mobil beat Wall Street expectations for profit and revenue, though production is falling. Oil and gas production fell 7.5 percent and lower prices also cut into profit. The stock fell 61 cents to $90.56.?

Kellogg Co. says its net income edged up in the third quarter, as the breakfast giant benefited from its acquisition of Pringles chips earlier this year. The stock rose 44 cents to $52.76.?

Pfizer's third-quarter profit fell 14 percent on plunging sales, mainly due to U.S. generic competition to cholesterol fighter Lipitor, long the world's top-selling drug. The stock fell 34 cents to $24.53.?

The Associated Press and Reuters contributed to this report.?

Source: http://www.nbcnews.com/business/wall-street-gets-boost-good-jobs-news-1C6802116

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Disney buying Star Wars is the best thing since Jar Jar Binks | Blogs ...

Devil?s Advocate is a regular column assuming an alternate viewpoint on a topical subject of the week.

It was the news that Star Wars fans had spent 35 years waiting for: confirmation that the saga would continue and that Episode VII would be released.

But far from greeting the news with excitement, fans across the world took to Twitter to voice their concern. Because although Star Wars will continue, it will unfold under the spreading banner of the ?Disney family?.

Fans feared that that some day we?d see Han Solo on screen in a Mickey Mouse t-shirt. They shuddered at the thought of Luke Skywalker travelling to Earth to save a humped-back whale. They wept at Jar Jar Binks fronting exercise videos ?Gungan style?.

But we say ? bring it on.

Who better to continue the story of the evil Galactic Empire than another sinister empire, the most successful media conglomerate in the history of corporate America?

They are, after all, master storytellers. Who better to entertain our children and grandchildren than the studio that brought us Education for Death: The Story of One of ?Hitler?s Children??

That Walt Disney produced an anti-Nazi film while being dogged by rumours of anti-Semitism just proves the kind of lateral thinking and business prowess that Star Wars needs to survive into the future.

For these are the foundations that the Disney Family, now including Pixar and Marvel, is built on.

Theme parks, merchandising and endless sequels have ensured that it is a family that will stop at nothing to get the most bang from your buck. Their decision to price DVD and Blu-Ray discs far higher than the competition is yet another triumph of involving their audiences in their growth strategy.

So why complain that Disney has bought the Star Wars franchise? Yes, they?ll continue their hugs and kisses campaign to "focus on creating and monetizing the world's best branded content, innovative technology and global growth to drive long-term shareholder value", but they?ll give us what we really want: more opportunities to buy Star Wars merchandise.

Because, let?s face it, we have a strange nostalgic notion of Star Wars based vaguely on this disco version of the theme tune, released shortly after the first movie.

We remember enthusiastic teenagers dressed as their favourite characters, bouncing on a flashing dance floor as they celebrate the most exciting motion picture event of all time.

They ate candy, abstained from sex, and celebrated a universe where Americans were good, Brits were bad, and Han shoots first.

Whereas the truth is that Star Wars went downhill almost immediately with the release of 1978?s Star Wars Holiday Special - a one off show where Han and Chewbacca try to get home for a family party, with special guests Jefferson Starship.

Even to the most devoted fans it was a stinking pile of bantha poodoo deposited onto our laps.

And since then it?s just got worse. We?ve been forced to endure sequels, special editions, prequels, re-released 3D versions, cartoon TV series and endless merchandising.

But now it?s over. Finally a company with ?Family Values?, a ?Family Company?, will continue the brand, to return us to that golden disco-age of Star Wars.

They?ll offer us Episodes VII, VIII and IX, and then potentially more spin-offs, tie-ins and further holiday specials, all expanding a universe of infinite creativity: a bottomless wishing well that we can keep throwing money into in the hopes that our Star Wars memories will be restored.

And, at the end of the day, Disney will survive. Disney, Pixar, Marvel, Lucasfilm? the whole ?Disney Family?, all having a big party, and splashing about in Scrooge McDuck?s gold-filled swimming pool.

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Source: http://entertainment.stv.tv/blogs/197953-disney-buying-star-wars-is-best-thing-since-jar-jar-binks/

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Spain's stock market extends short selling ban

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Check Out Celebrity Halloween Costumes 2012! (Photos)

Check Out Celebrity Halloween Costumes 2012! (Photos)

Happy Halloween to all of our readers! We have composed a gallery of some of what some of your favorite celebrities are wearing for this [...]

Check Out Celebrity Halloween Costumes 2012! (Photos) Stupid Celebrities Gossip Stupid Celebrities Gossip News

Source: http://stupidcelebrities.net/2012/10/check-out-celebrity-halloween-costumes-2012-photos/

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Recipe | Pumpkin Spice Pancakes + ... - Our Family Tree Blog

Wow, the pictures from my iphone don?t do these pancakes justice! Ever since working towards non-processed foods in this house ? I began tackling breakfast first. In our house, we are often out of here by 7:45am so we need something that is quick and easy (hello, if that doesn?t say highly processed right there). I experimented over the summer with various waffle, pancake, granola recipes. I stumbled on a favorite filling pancake perfect for the fall season. (It will likely last way into Spring as well). On the weekends I will usually whip up a double batch, flash freeze on parchment paper for about 30 min and stack in a glass freezer safe container with some wax paper in between each pancake.

Recipe for Joy The Baker?s Pumpkin Spice Pancakes Here. I omitted the ginger and cloves. To the final mix I added about 1/4-1/3 cup dark chocolate chunks (found at Whole Foods). These do get very thick as you can see by the picture. So a lot goes a long way on the plate. One can of pumpkin equals about 2 cups so I pack the rest of the can by 1/2 cup and freeze.

Homemade whipped cream:
1 cup heavy whipping cream
1/4 tsp vanilla
2 tsp confectioners sugar
whip on med-high until done.

Source: http://ourfamilytreeblog.com/?p=2049

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Guidelines developed for extremely premature infants shown to be life-changing

ScienceDaily (Oct. 31, 2012) ? For the last decade, prematurity has been the leading cause of infant mortality in the United States. As a result of prematurity many infants enter this world too early with a small chance of survival. In order to help treat these extremely premature infants, physicians at Nationwide Children's Hospital developed a set of guidelines tailored to meet the needs of these tiny infants, some born up to four months early. Now, a new study shows that these guidelines are not only improving survival rates for extremely premature infants, but also improving their quality of life.

This study, appearing in the Journal of Neonatal-Perinatal Medicine, included more than 200 'small babies' -- infants born less than 27 weeks gestation -- who stayed in the Small Baby Pod inside the Neonatal Intensive Care Unit (NICU) at Nationwide Children's. These small babies received care following the Small Baby Guidelines and were monitored from birth to at least 2 years corrected age.

Results from this study showed that by following these guidelines, the survival rate of these small babies increased over time. "Our approach was to standardize the level of care, ensuring that every baby received the same care," said Edward Shepherd, MD chief of the Section of Neonatology at Nationwide Children's Hospital and co-author of the study. "The idea being that if we do everything the same, for each of these infants, that our results should be better."

Before these guidelines were instituted, there were very few survivors of babies born less than 27 weeks gestation. In fact, many families and professionals viewed these small babies as having a predestined conclusion of not making it through the first few days of life. However, the findings from this study show that patients who receive care following these Small Baby Guidelines, do very well compared to normal children of the same age.

"The challenge is to convince families and our peers that these are children who, while they have had many challenges, can ultimately lead a normal life," said Dr. Shepherd, also an assistant professor of Clinical Pediatrics at The Ohio State University College of Medicine. "If you treat patients as if they do not have a chance for survival, these patients don't do as well as they could. Our approach was that each and every one of these infants has enormous potential for a normal outcome and for a satisfying life."

In addition to improving survival rates, this study showed that treating babies with this unique approach leads to shorter hospital stays. While small babies often go on to develop infections, necrotizing enterocolitis (NEC) and/or bronchopulmonary dysplasia (BPD), by following these guidelines, babies are recovering from these diagnoses and improving their developmental outcomes leading to an earlier discharge. "This is a real win-win; a shorter stay means parents get to take their child home sooner and it saves an enormous amount of resources," said Dr. Shepherd.

Part of the success of the Small Baby Guidelines is due to the multidisciplinary approach to treating these infants. The specialized care team includes everyone from physicians and nurses to cardiologists and nutritionists. The goal of this multidisciplinary approach is that every member of the team should understand the goals, the expectations and the gold standard of care so this can be achieved in each patient.

While there is still a need for new approaches to prevent the many illnesses premature infants face when entering the world too soon, physicians and researchers at Nationwide Children's continue to study ways to prevent illnesses seen in premature infants and the cause of prematurity.

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The above story is reprinted from materials provided by Nationwide Children's Hospital.

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Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_health/~3/wMX2uYK4sxY/121031123506.htm

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Facebook stock down after post-IPO lock-up expires

NEW YORK (AP) ? Facebook's stock price fell Wednesday, the day employees were eligible to start selling restricted stock in the company.

A lock-up period that had prevented such sales expired on Monday. U.S. stock markets opened on Wednesday for the first time since Superstorm Sandy hit the East Coast, so that's when employees could start selling.

In all, 234 million additional shares and stock options held by employees as of Oct. 15 became eligible to flood the market. CEO Mark Zuckerberg is not selling. He has already said that he won't be selling stock until at least next September.

Lock-ups are common after initial public stock offerings and are designed to prevent a stock from experiencing the kind of volatility that might occur if too many shareholders decide to sell at once.

Facebook's stock hasn't done well since its IPO in May amid concerns about its ability to keep growing revenue. But it saw its biggest one-day gain last Wednesday after posting strong third-quarter results. The day before, Facebook detailed for the first time how much money it makes from mobile ads. Mobile had been a concern since before the Menlo Park., Calif., company's IPO.

The next lock-up expiration comes on Nov. 14, when 777 million shares and stock options will become eligible to be sold.

Facebook Inc.'s stock fell 83 cents, or 3.8 percent, to close at $21.11 Wednesday. The stock is down 44 percent from its IPO price of $38.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-10-31-Facebook-Stock/id-d935ea549b7e44029da7ed0f826b6ef1

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