Wednesday, July 31, 2013

Most Top Stocks Rise; Alexion Pops On Takeover ... - Investors.com

Most top stocks from IBD's 33 sector groups rose Tuesday, led by biotech issues.

Alexion Pharmaceuticals (ALXN) was the biggest winner, jumping 7.03, or 6%, to 117.08 after Bloomberg reported that Swiss drugmaker Roche Holding (RHHBY) last week approached Alexion about a takeover.

The report, citing a person with knowledge of the matter, said Alexion rejected the overture but hired Goldman Sachs (GS) to help prepare for a takeover attempt.

Alexion, which develops drugs to treat rare blood disorders, briefly cleared a long, undefined pattern with resistance at around 120, before paring the gain. Volume was more than triple its daily average. It was the stock's biggest gain since July 12, after an initial report that Roche wanted to buy Alexion.

Meanwhile, Questcor Pharmaceuticals (QCOR) soared in post-session trading following a better-than-expected Q2 earnings report. The stock had hit a new high during the regular session, climbing 89 cents to 51.91 in volume that was modestly above average. It ended the session 3% above a 50.30 flat-base buy point.

Elsewhere, Evercore Partners (EVR) rose 1.43, or 3%, to a new high of 46.59. That put the investment bank 4% beyond a 44.63 buy point in an irregular consolidation.

3D Systems (DDD) suffered the biggest loss, plunging 2.36, or 5%, to 48.16 in huge volume. The maker of 3D printers said Q2 profit rose 11% to 20 cents a share, below Wall Street's forecast of 24 cents.

The stock sank below a 49.85 buy point in a late-stage cup-with-handle base after clearing the entry on Monday. On the plus side, 3D got support at its 50-day line and ended in the upper half of its trading range.

Source: http://news.investors.com/investing-smart-table-review/073013-665724-biotech-trading-pace-leading-stock-market.htm

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No Gaming Mouse Is This Exciting, But The New Naga Comes Close

This is the most dramatic gaming mouse trailer of 2013. It is for a mouse that leaps across canyons in a sports car in slow motion. The new Razer Naga does not do that, but it's wonderfully clicky.

Last year I pitted three MMO gaming mice against each other in a battle of the buttons, and Razer's 12-button Naga did not win. It was a lovely piece of hardware, but the 12 side buttosn were smooth and hard to tell apart, and despite a set of swappabel ergnomic bits, the Naga just wasn't as comfortable as the competition.

So, for the 2013 edition of the Naga, Razer fixed those problems.

No Gaming Mouse Is This Exciting, But The New Naga Comes CloseS

It's certainly a more comfortable hand rest than its predecessor, for one, and it didn't have to resort to hot swapping gimmicks to achieve that. The buttons on the side are now mechanical (clicky!) and ridged, making it much easier to feel out individual keys with your thumb. The new scroll wheel tilts side-to-side for additional input, and there's even a left-handed version for the freaky people in the audience.

The only thing I'm not liking about the 2013 Naga is the finish. I'm used to soft, rubberized plastic, and this one somewhat gritty.

Still, a marked improvement over the previous generation, addressing every concern I had, and only adding one new one. That's almost worth an incredibly dramatic debut trailer. Almost.

The new Razer Naga will be on sale shortly at the Razer store for $79.99.

Source: http://kotaku.com/no-gaming-mouse-is-this-exciting-but-the-new-naga-come-963080712

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Dinosaur Skeletons Headed to Auction, Not Museum

[unable to retrieve full-text content]Two skeletons found in Montana by commercial fossil hunters are to be auctioned in New York, where they could bring an estimated $7 million to $9 million.
    


Source: http://www.nytimes.com/2013/07/30/arts/design/dinosaur-skeletons-headed-to-auction-not-museum.html?partner=rss&emc=rss

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97% A Hijacking

All Critics (74) | Top Critics (22) | Fresh (72) | Rotten (2)

This isn't an action picture; it's a picture about the suspense and terror of inaction.

Gripping and tightly focused.

Lindholm rations the meat and potatoes of plot to keep us captive at the bargaining table. It's a sadistic ploy that produces a real payoff.

A Hijacking is one of those perfect films that crop up every few years to prove that with true artistry, even the most exhausted genre can yield something new, rich, and strange.

Lindholm justifies his confidence in a visual approach that's refreshingly realistic.

To refuse to call A Hijacking a thriller is not to say it isn't thrilling, in a dryly cerebral way.

... has an embedded feel without being a real-life report or documentary at all. It's a fictional film that hits both with blunt force and a surprising amount of complexity.

A Hijacking is more about one incident than about how it relates universally, but in thoughtfully exploring the specifics and emotions of that incident, Lindholm is able to show how modern life sometimes seems devoid of any accord.

A lean, stressful nail-biter, smart, well-written, nicely shot and wonderfully performed.

[Omar and Mikkel are] like Marcus and McTeague in Frank Norris's 1899 novel, handcuffed to each other in a struggle that could well end in mutually assured destruction.

Tobias Lindholm's slow-burning thriller makes a bid for verisimilitude that extends well beyond the use of natural light and handheld cameras.

Though the acting in "A Hijacking" is superb, the film is strictly a "follow-the-dots" offering. This is not entertainment. It is another overwhelmingly depressing foray into corporate greed.

"A Hijacking", if eligible, is an early contender for Best Foreign film at the 2014 Academy Awards.

It's an effective piece of work that will leave you longing for a shower, a nap, and a warm meal.

It's a radical departure from any thriller in stateside theaters.

A nail-biter of the highest order, A Hijacking is astonishingly emotional, gritty, and terrifying -- a genuine directorial achievement that should not be missed.

When the gut-wrenching conclusion of A Hijacking comes in the form of a single, random act, it's only then you realize how far you've been pulled into its emotional core.

A Hijacking delivers all the thrills the title suggests, but in none of the places you'd expect them.

The danger never reaches the level of chaos, but the subtext and metaphor in the slow-moving humanistic commentary on the motivations and byproducts of capitalism make for an intriguing film.

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Source: http://www.rottentomatoes.com/m/a_hijacking/

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Syrian Electronic Army Hits Thomson Reuters Twitter Feed

Thomson Reuters SEA Hack

The Thomson Reuters Twitter account is the latest target of hackers from the Syrian Electronic Army (SEA).

Last night, the @ThomsonReuters Twitter account was infiltrated and the SEA tweeted Syria-related tweets with photos and pro-Syria hashtags.

The account appears to have returned to normal this morning, with no mention of the hack. But the SEA took responsibility on its website.

"The Syrian Electronic Army hacked today the official account of Thomson Reuters and published some truth about what is really hapenning [sic] in Syria. The account was suspended after less than hour," the SEA wrote.

The Syrian Electronic Army emerged in September. The hackers reportedly started attacking Western websites in retaliation for Innocence of Muslims, an anti-Islamic video that resulted in violent demonstrations in the Middle East. They have since been targeting news sites they believe are reporting news hostile to the Syrian government, including the Financial Times, The Guardian, the BBC, and even The Onion.

This is not the first time Reuters has been targeted over its Syria coverage. A year ago, Reuters briefly shuttered its @ReutersTech Twitter feed after it was used to send fake tweets regarding Syrian rebels.

Shortly thereafter, the Reuters website was hacked and a false story was posted, which said Saudi Arabia's Foreign Minister Prince Saud al-Faisal had died.

Last week, the SEA also went after messaging apps Tango and Viber, which the group claims are used to spy on its users. "The SEA downloaded some of the app databases And after we gain access to some systems of that app, it was clear for us that the purpose of this app is spying and tracking of its users," the SEA said about Viber.

Last month, Saudi Arabia blocked Viber because, according to regulators, it is difficult to monitor and takes revenue away from large telecom firms.

For more, check out SEA Hacks Tango; Is Your Site Next?

Source: http://feeds.ziffdavis.com/~r/ziffdavis/pcmag/breakingnews/~3/WaA6akt3YPE/0,2817,2422449,00.asp

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Tuesday, July 30, 2013

Warren Buffett auctions off personal tour of California See?s Candy factory

OMAHA, Neb. ? Billionaire Warren Buffett is auctioning off an all-you-eat tour of the See?s Candy factory in California to benefit an education nonprofit there.

Bidding had already reached $30,000 by Monday, but it remains to be seen whether the final price of this auction will rival the annual auction of lunch with Buffett which routinely tops $1 million.

The online auction that runs through Aug. 13 will benefit Communities In Schools of Los Angeles. It is being offered on the charitybuzz.com website.

Buffett says he?ll teach the auction winner the proper way to eat a bonbon during the half-day tour. Buffett?s Berkshire Hathaway conglomerate has owned See?s Candy since 1972, and he spends hours munching on See?s treats while answering questions at Berkshire?s annual meetings.

Buffett did not immediately respond to questions about this new auction Monday.

For more than a decade, the only time Buffett auctioned off a chance to meet with him was the lunch auction that helps fund the Glide Foundation?s efforts to help the poor and homeless in San Francisco.

The winner of this year?s lunch auction paid $1,000,100. That?s a bargain compared to the previous five years when the winning bids all topped $2 million, including the record 2012 bid of $3,456,789.

This new See?s Candy auction could affect bidding on the lunch auction. But then again, the winners of the lunch auction are guaranteed more time to talk with Buffett, which could help keep that event more valuable.

The lunch auction winners get to spend several hours asking Buffett questions about business, philanthropy and life.

The fine print on the candy auction site promises only a meeting with Buffett where the winner can take a picture with the renowned investor and get something autographed, so the candy tour may not offer nearly as much opportunity to learn from Buffett.

story continues below

Investors all over the world watch what Buffett does and try to copy his moves because of his remarkable track record of success. Through the end of 2012, Buffett?s Berkshire has delivered a compounded annual gain of 19.7 percent to investors ? more than double the S&P 500?s growth rate.

And Buffett, 82, has been gradually giving away his fortune since 2006. He plans to eventually divide most of his shares of Berkshire stock between five charitable foundations, with the largest block going to the Bill & Melinda Gates Foundation.

Buffett?s Berkshire owns roughly 80 subsidiaries, including clothing, furniture and jewelry firms. Its insurance, utility and railroad businesses typically account for more than half of the company?s net income. It also has major investments in such companies as Coca-Cola Co. and Wells Fargo & Co.

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://www.sltrib.com/sltrib/money/56660216-79/buffett-auction-candy-lunch.html.csp

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Monday, July 29, 2013

World?s first test-tube burger to be served in London this week

Could a burger made from artificial meat be the next generation of prime beef patties?

The world?s first 5-ounce test-tube burger, made of meat grown in a laboratory, will be served up in London this week, according to a report by The Independent.

RELATED: FOOD & WINE REVEALS 'BEST BURGERS IN AMERICA'

The burger costs more than $380,000 to make, composed of 3,000 tiny strips of meat grown from the stem cells of one cow.

?Right now, we are using 70% of all our agricultural capacity to grow meat through livestock,? professor Mark Post of Maastricht University in Holland told ?The Independent.? ?You are going to need alternatives. If we don?t do anything, meat will become a luxury food and will become very expensive.?

RELATED: FOUR NEW BURGER JOINTS MUSCLE THEIR WAY INTO NYC

Developers hope to meet the increasing global demand for protein and minimize the need for herds of cattle with a four-step process used to turn stems cells from animal flesh into burgers.

First, the stem cells are stripped from the cow?s muscle and then incubated until they multiply to create a sticky tissue. The muscle cells are then grown under tension and stretched. Finally, the lab-grown meat and animal fat are minced and turned into burgers.

RELATED: SEE AMERICA'S BEST BURGERS FROM CHAIN RESTAURANTS

The process could take up to six weeks to get from stem cell to supermarket shelves, but before it can be commercialized, the Food Standards Agency must provide information showing the process is safe for public consumption and has a nutritional value equivalent to regular meat.

For now, the battle may just be turning the public onto the idea of eating the artificial patty.

Source: http://feedproxy.google.com/~r/nydnrss/life-style/eats/~3/SzcEXTu9Mrs/story01.htm

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