Sunday, February 24, 2013

Energy Stocks: Cabot Oil & Gas shines among energy stocks

By Claudia Assis, MarketWatch

SAN FRANCISCO (MarketWatch) ? Shares of Cabot Oil & Gas Corp. rallied Friday, in contrast with lackluster performance from the rest of the sector, after the company reported increased production and fourth-quarter results that beat market expectations.

Shares of Cabot /quotes/zigman/221094/quotes/nls/cog COG +10.38% ?rallied 8%, the top gainer among stocks in the S&P 500 index /quotes/zigman/3870025 SPX +0.65% . Read: U.S. stocks rebound to trim weekly losses. .

The company late Thursday reported fourth-quarter adjusted earnings of 27 cents a share, compared with expectations of 22 cents a share.

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Profits reached $40.9 million, from $26.4 million a year earlier. Production in the quarter was higher than expected and reserves expanded, paced by strong performance in the key Marcellus shale formation.

Cabot also unveiled a $1 billion capital expenditure program for this year, foretelling ?aggressive production growth in 2013,? analysts at GHS Research said in a note.

Shares of Exxon Mobil Corp. /quotes/zigman/203975/quotes/nls/xom XOM +0.43% ?declined 0.1%, while shares of ConocoPhillips /quotes/zigman/294662/quotes/nls/cop COP -0.07% ?declined 0.7%. Chevron Corp. /quotes/zigman/289939/quotes/nls/cvx CVX +0.83% ?shares were flat.

U.S.-listed shares of Royal Dutch Shell PLC /quotes/zigman/379078/quotes/nls/rds.a RDS.A +0.91% ?rose 0.5%. Shell said late Thursday it is reassessing its development plan for the North Sea?s Fram oil and gas field after initial drilling showed ?unexpected well results.? The company had planned an average of 35,000 barrels of oil equivalent out of Fram, with first production expected within three years. Exxon?s U.K. unit is a partner at the field.

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Shares of refiner PBF Energy Inc. /quotes/zigman/13139747/quotes/nls/pbf PBF +4.95% ?rose 2.2%. Analysts at Simmons & Co. upgraded PBF Energy to overweight, on ?early signs of success? from the company?s crude procurement strategy.

?PBF recently increased its expectations for crude deliveries by rail and has shown success procuring crudes at substantial discounts to Brent,? the analysts said.

?PBF is the high reward/risk stock in the refining universe in our view,? with the cheapest valuation and most upside potential, the analysts added.

PBF debuted on the New York Stock Exchange in late January, and reported adjusted earnings of $1.70 a share compared with expectations of $1.63 a share.

Refiners were mixed Friday, with Phillips 66 /quotes/zigman/9483013/quotes/nls/psx PSX +2.23% ?up 0.7%. Tesoro Corp. /quotes/zigman/243084/quotes/nls/tso TSO +1.43% ?and Valero Energy Corp. /quotes/zigman/186158/quotes/nls/vlo VLO +0.93% ?, however, were among the top decliners of the day, with shares off 0.8% a piece.

The SPDR Energy Select Sector /quotes/zigman/246199/quotes/nls/xle XLE +0.79% ?exchange-traded fund declined 0.1%. Crude futures were off 0.2%, with April crude /quotes/zigman/2291772 CLJ3 +0.36% ?at $92.64 a barrel on the New York Mercantile Exchange.

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$398.83 billion

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$225.06 billion

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$210.28 billion

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Claudia Assis is a San Francisco-based reporter for MarketWatch. Follow her on Twitter @ClaudiaAssisMW.

Source: http://feeds.marketwatch.com/~r/marketwatch/financial/~3/Pb1JJvM6-y0/story.asp

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Friday, February 22, 2013

Microsoft Files Patent for Anti-Bacterial Touchscreens

With touchscreen devices becoming extremely popular these days, it was only a matter of time before some company started work on a new technology supposed to keep harmful bacteria aside.

This isn?t the first time when Microsoft makes headlines with such a patent, but the company is apparently getting closer to releasing a final version of its anti-bacterial touchscreen unit, according to a recent patent filling.

Basically, Microsoft is planning to use the UV light in order to disinfect fingerprints once the user touches the device's screen, be it a tablet, a laptop or a smartphone.

Here?s an abstract from the chapter of the patent that briefly describes Microsoft?s new technology:

?A UV and visible light transparent film material is secured onto or within a touch-based screen to automatically disinfect the external surface. UV light is emitted from a UV light source into an edge of the transparent film material in order to transfer the UV light through the transparent film material while remaining in the transparent film material through total internal reflection effect.

?Some UV light exits the transparent film material at points of contact to disinfect fingertips and immediate surrounding areas through the frustrated total internal reflection effect.?

Since Microsoft is working really hard to expand its hardware product lineup, such a technology would obviously represent a major advantage for the Redmond-based firm, especially given the fact that its tablets have failed to excite until now.

The price tag, however, would remain a big issue, as an anti-bacterial touchscreen is very likely to be a fairly expensive add-on.

It remains to be seen whether Microsoft will actually manage to bring such a project in mass production, but as far as the technology giant is concerned, it?s pretty clear that the tablet industry will be germ-free in just a few years.

Source: http://news.softpedia.com/news/Microsoft-Files-Patent-for-Anti-Bacterial-Touchscreens-331639.shtml

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Sunday, February 3, 2013

Ala. town mourns for bus driver amid standoff

Police and emergency personnel remain on site at the property of Jimmy Lee Sykes, a suspect accused of holding a 5-year-old boy hostage in an underground bunker on Saturday Feb. 2, 2013 in Midland City, Ala. Negotiators were still trying to persuade Jimmy Lee Dykes to surrender. Police have said they believe the Lee Dykes, a Vietnam-era veteran, fatally shot a school bus driver Tuesday, and then abducted the boy from the bus and disappeared into the home-made bunker. (AP Photo/al.com, Joe Songer)

Police and emergency personnel remain on site at the property of Jimmy Lee Sykes, a suspect accused of holding a 5-year-old boy hostage in an underground bunker on Saturday Feb. 2, 2013 in Midland City, Ala. Negotiators were still trying to persuade Jimmy Lee Dykes to surrender. Police have said they believe the Lee Dykes, a Vietnam-era veteran, fatally shot a school bus driver Tuesday, and then abducted the boy from the bus and disappeared into the home-made bunker. (AP Photo/al.com, Joe Songer)

Cade Smith, 6, watches the flame of his candle burn as his mother, Brandi, looks on during a candle light vigil for the families involved in the ongoing hostage crisis Friday night, Feb. 1, 2013 in Midland City, Ala. The Smith family feels a connection to the autistic boy named Ethan being held hostage because their son, Cade, also has autism. (AP Photo/The Dothan Eagle, Jay Hare)

In this undated photo released by the Dale County Board of Education, bus driver Charles Albert Poland, Jr., is shown. A standoff in rural Alabama went into a second full day Thursday as police surrounded an underground bunker where a retired truck driver was holding a 5-year-old hostage he grabbed off a school bus after shooting Poland, the driver dead. Poland Jr., 66, was hailed by locals as a hero who gave his life to protect the 21 students aboard the bus. (AP Photo/ Dale County Board of Education)

Members of the FBI team wait, Saturday, Feb. 2, 2013, in Midland City, Ala. Authorities said they still have an open line of communication with an Alabama man accused of abducting a 5-year-old child and holding him hostage in a bunker since Tuesday, Jan. 29. Sheriff Wally Olson said Saturday that Jimmy Lee Dykes has told them that he has blankets and an electric heater in the bunker. (AP Photo/al.com, Joe Songer) MAGS OUT.

Alabama state trooper Kevin Cook, center, speaks to media, Saturday, Feb. 2, 2013, in Midland City, Ala. Authorities said they still have an open line of communication with an Alabama man accused of abducting a 5-year-old child and holding him hosting in a bunker since Tuesday, Jan. 29. Sheriff Wally Olson said Saturday that Jimmy Lee Dykes has told them that he has blankets and an electric heater in the bunker. (AP Photo/al.com, Joe Songer) MAGS OUT.

(AP) ? As the police standoff with an Alabama man accused of holding a 5-year-old boy hostage continued Saturday, a nearby community prepared to bury the beloved bus driver who was shot to death trying to protect children on his bus when the episode began days earlier.

Charles Albert Poland Jr., 66, who was known around town as Chuck, was described by folks in his hometown of Newton as a humble hero. Hundreds of people attended a viewing service for Poland on Saturday evening. His funeral was set for Sunday afternoon.

"I believe that if he had to do it all over again tomorrow, he would," said Poland's sister-in-law, Lavern Skipper, earlier Saturday. "He would do it for those children."

Authorities said Jim Lee Dykes boarded a stopped school bus filled with 21 children Tuesday afternoon and demanded two boys between 6 and 8 years old. When Poland tried to block his way, the gunman shot him several times and abducted a 5-year-old boy ? who police say remains in an underground bunker with Dykes.

Dale County Sheriff Wally Olson said in a briefing with reporters Saturday that Dykes has told them he has blankets and an electric heater in the bunker, which is located on his rural property. Authorities have been conferring in a nearby church and communicating with Dykes through a ventilation pipe to the underground bunker.

Olson also said Dykes has allowed police to deliver coloring books, medication and toys for the boy.

"I want to thank him for taking care of our boy," Olson said. "That's very important."

The shooting and abduction took place in Midland City, a small town near Dothan, Ala., in the state's southeastern corner.

Newton is about three miles away, a small hamlet with fewer than 2,000 residents. It sits amid cotton farms and rolling hills sprinkled with red earth; most of the residents commute to Dothan or to a nearby Army post. And many knew Poland.

William Lisenby, a school bus driver who also taught Sunday School with Poland, was flanked by other area bus drivers as he arrived at Saturday night's viewing at a local funeral home.

Lisenby spoke in Biblical terms when referring to Poland.

"If you'll notice the similarities there, of what Chuck did was the same thing that Jesus Christ did. These children, even though they were not Chuck's, he laid down his life to defend those children. My hat's off to him for that," he said,

"He was a bus driver just like we are," Lisenby said. "But for the grace of God that could have been us."

Others spoke of the loss of a good man, and their hope that the little boy being held captive is alive and well and will be released soon.

"The community is real concerned," said Fred McNab, mayor of Pinckard, Ala. "You can tell by the food that's been carried over there to the church. It's just devastating. We want it to come to a resolution. We want to save that little child."

Earlier Saturday, local residents remembered Poland as a friendly man who was quick to lend a helping hand to others.

"He's probably the nicest guy you'll ever meet," said Lonnie Daniels, the 69-year-old owner of the NAPA Auto Parts store, one of three establishments in town that was open Saturday.

Daniels last saw his friend Tuesday morning, when Poland agreed to buy a car from him. The two men shook hands and closed the deal "like gentlemen," Daniels said. Poland was to return after working his bus route to pay for the car.

"He never came back," Daniels said quietly.

Daniels said Poland had been married to his wife for 43 years. Poland was from Idaho, but his wife was from Newton. The couple lived there for decades in a small mobile home, and Poland enjoyed gardening and clearing brush from his property.

"I knew that he was always there if I needed," said Daniels, adding that Poland was an excellent mechanic with an array of tools that he lent to people in town.

Neighbors and friends said Poland did various acts of kindness for people in town, from fixing someone's tractor to tilling the garden of a neighbor who had a heart attack.

"You don't owe me anything," Poland once told a recipient of his good deed. "You're my neighbor."

Skipper said Poland and his wife would often sit on their porch, drinking coffee, praying and reading the Bible.

"They loved to be together," Skipper said.

On Saturday morning, Poland's wife wasn't home. A rack of worn trucker's caps sat on hooks on the porch, and two freshly baked pies were laid atop a cooler.

The victim's son, Aaron Poland, told NBC News that he wasn't surprised by his father's final act, trying to protect a bus full of kids.

"He considered them his children," Poland said, choking back tears. "And I know that's the reason why my dad took those shots, for his children, just like he would do for me and my sister."

As Newton grieves, residents are praying for the safe return of the boy being held hostage ? and wondering about the man behind the abduction.

"We'd all like to get to him and say, 'What's wrong with you?' " said Gerald Harden, owner of a gun shop in Newton.

Harden said he checked his records to see whether Dykes had bought a firearm there, but records showed he hadn't.

In Midland City, police were mostly staying mum about their talks with Dykes, ? a Vietnam-era veteran known as Jimmy to his neighbors. Some have described him as a menacing figure with anti-government views.

One of Dykes' next-door neighbors said the suspect spent two or three months constructing the bunker, digging several feet into the ground and then building a structure of lumber and plywood, which he covered with sand and dirt.

Neighbor Michael Creel said Dykes put the plastic pipe underground from the bunker to the end of his driveway so he could hear if anyone drove up to his gate. When Dykes finished the shelter a year or so ago, he invited Creel to see it ? and he did.

"He was bragging about it. He said, 'Come check it out," Creel said.

He said he believes Dykes' goal is to publicize his political beliefs.

"I believe he wants to rant and rave about politics and government," Creel said. "He's very concerned about his property."

Police have used the pipe for communication and to deliver the boy medication for his emotional disorders. State Rep. Steve Clouse, who visited the boy's mother, said the boy has Asperger's syndrome ? a mild form of autism ? and attention deficit hyperactivity disorder, or ADHD.

But police have not revealed how often they are in touch or what the conversations have been about.

Local officials who have spoken to police or the boy's family have described a small room with food, electricity and a TV.

Sheriff Olson would not say Saturday whether Dykes has made any demands. Olson added that he is limited in the details he can release.

FBI spokesman Jason Pack said Saturday that officials were working to establish a command center near the bunker.

Dykes had been scheduled to appear in court Wednesday to answer charges he shot at his neighbors in a dispute last month over a speed bump.

___

Follow Tamara Lush on Twitter at http://twitter.com/tamaralush

Associated Press writers Eric Tucker in Washington; Tamara Lush and Phillip Rawls in Midland City; Bob Johnson in Montgomery, Ala., and AP researcher Rhonda Shafner in New York contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-02-02-School%20Bus%20Driver%20Shot/id-0294b04dcd5c4f4f885672beb9091e5c

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Happy and Healthy Winter Dogs | The Pet Health and Pet Care Blog

It?s cold. In fact, it?s really cold. It?s so cold there?s still snow outside my house, even though it hasn?t snowed for days. I?m wearing my thick dressing gown in the house even when the heating?s on and I?m quite literally sitting next to a radiator.

This wicked winter weather is bringing out lots of unexpected problems for dog owners up and down the country, including weight gain due to inactivity, sore joints and arthritic flare-ups because of the sheer cold, and the very lethal and very attention grabbing affects of grit and antifreeze when ingested by our beloved hounds (and moggies, for that matter).

Joints, Arthritis and Weight Gain

Because it?s so cold out there, I suspect most of us aren?t walking our dogs as often. And who can blame us really. Dexter has put on a bit of weight because he?s doing more mooching around the house and less galloping around the park, so I?ve reduced his portions down slightly.

Unfortunately I can?t put Dexter on a special low calorie feed because he?s got severe problems with his legs, and he needs his Symply Large Breed Adult for the insane amount of joint care in it (especially in this cold weather when bad joints and arthritis can flare up), so reducing his portions down will have to do. But for doggies that don?t have legs that misbehave, More Light Adult is an excellent low calorie feed to stop your mutt turning into a wobbly woofer.

While we?re on the subject of joints and arthritis, the older mutts among us can benefit from Symply Senior Light because it?s also got tons of joint care in it in the form of the much coveted glucosamine and condroitin. And it?s low calorie for the less active elderly doggy!

Warm Walkies

I decided that if it?s too cold for me to be outside without my coat then Dexter should have his on too. It?s still wet, sludgy and muddy outside, and Dexter loves to play, so I?ve been using his waterproof Outhwaite with it?s proper velcro fastenings and leg loops to stop it falling off when he?s rummaging around in piles of snow.

Great & Small also have some warm winter coats for smaller dogs, although they?re so fashionable you might not want to get them covered in mud!

Grit and Antifreeze ? Beware!

Speaking of snow, the roads around here have been gritted and just about everyone I know has been using the good old antifreeze to thaw their cars out (me included; getting to my branch of Pets Corner the other day almost didn?t happen!).

The only problem is the grit and antifreeze gets on paws and both are not too good when licked off? in fact, the antifreeze in particular is lethal. So, I?ve been wiping Dexter?s paws after every outing with John Paul Pet Full Body and Paw Bath Wipes. Please don?t forget to wipe their paws ? the consequences could be unthinkable.

Gallery

Posted in Bedding, Dogs, Great & Small, Joints, Medicine, Nutrition, Winter | Tagged anti-freeze, antifreeze, bath wipes, coat, Dog, dog coats, Great & Small, grit, health, Joints, More, outhwaite, outhwaite dog coats, paw wipes, paws, puppy, Snow, Symply, walkies, Winter |

Source: http://www.petscorner.co.uk/blog/2013/02/01/happy-and-healthy-winter-dogs/

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