BlackBerry maker wins vote of confidence ahead of BB10

TORONTO (Reuters) – Research In Motion Ltd, for months enveloped by a wave of negative sentiment, got a boost on Tuesday when one of its most influential critics raised his rating on the stock ahead of the launch of RIM’s make-or-break new line of BlackBerry 10 devices.

The upgrade by Jefferies & Co analyst Peter Misek pushed RIM’s share price into double digits for the first time in five months, with the stock up more than 3 percent at $ 10.04 in early trading on the Nasdaq.

Misek based his more optimistic view of the BB10 launch, set for January 30, on a favorable reaction by telecom carriers to the devices and the new operating system that powers them.

“Preliminary results from our quarterly handset survey indicate developed market carriers have a much more positive view of BB10 than we expected,” Misek said in a note to clients.

Shares of Waterloo, Ontario-based RIM, a one-time leader in the smartphone industry, have plummeted in recent years as its aging line-up of devices lost ground to faster and snazzier devices from rivals. The company has bet its future on the new BB10.

RIM hopes BB10 smartphones will help claw back market share it has lost in recent years to Apple Inc’s iPhone and devices that run on Google Inc’s Android operating system.

Misek, who doubled his price target on shares of RIM to $ 10 from $ 5, also raised his rating on the stock to “hold” from “underperform”.

“With greater carrier shelf space and marketing support, we now believe BB10 has a 20 percent to 30 percent probability of success,” said Misek, who has long been skeptical of RIM’s odds of engineering a turnaround.

Misek cautioned that there is still downside if RIM’s gamble on BB10 fails, but he noted that the stock could be worth as much as $ 43 within the next 12 months if RIM’s bet pays off and its new operating system gets licensed by other handset makers.

RIM says its new devices will be faster and smoother and have a large catalog of applications, which are now critical to the success of any new line of smartphones. While feedback from both developers and carriers on the new devices has been largely upbeat, financial analysts have been much more circumspect about the company’s prospects.

Misek’s view is not shared by at least one of his counterparts.

In a note to clients on Monday, Pacific Crest analyst James Faucette reiterated his “underperform” rating on RIM’s shares. He said regardless of its quality, there is almost no chance that BB10 will meaningfully change RIM’s trajectory.

RIM shares were up 3.7 percent at $ 9.95 at midmorning on the Nasdaq, while its Toronto-listed shares rose 3.1 percent to C$ 9.89.

(Reporting by Euan Rocha; Editing by Jeffrey Benkoe; and Peter Galloway)

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Lindsay Lohan Explains Why She Cancelled on Barbara Walters

Lindsay Lohan is opening up about the now-infamous cancellation of her pre-arranged sit down with Barbara Walters.

The actress stopped by for an interview with Tonight Show host Jay Leno on Tuesday, who pressed Lohan on the drama surrounding herself and the veteran news woman.

Related: Walters on Lohan: 'She Has A Lot of Problems'

"It's all good. I spoke to all the people that she works with," she said, assuring that although she didn't speak with Walters herself, there was no ill will between the two. "The timing wasn't right right now."

Tonight's interview with Leno was a sore spot for Walters, who expressed her "disappointment" at being cancelled on during an airing of The View earlier this month.

"I think to go on Jay Leno and be adorable and amusing, there's still all the problems," Walters said. "It would have been a wonderful interview. She could have set a lot of things straight. I think [my interview] could have helped her."

Related: Lindsay Lohan Went Method For Liz Taylor Role

Everything aside, Lohan insisted that "when it's right" Walters will be the first person she sits down with for an in-depth interview.

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Hottest tech products of fall 2012

Every year we roll out our fall list of the products getting the most attention from readers, and every year it ends up being a list dominated by phones. But not this year. No, this time you guys are spicing things up with a surprising mix of products. Here’s what’s getting your attention right now.

Sony Vaio Tap 20

Rating: 3.5 stars out of 5 (Very good)

The good: By slapping a battery inside a 20-inch touch-screen all-in-one, the company has given birth to a new PC category with great potential in tech-savvy homes.

The bad: The touch screen has some frustrating drag, and Sony made a few missteps among some otherwise reasonable sacrifices for portability and price.

The cost: $999.99

The bottom line: A compelling experiment in tablet-desktop hybridization, the Sony Vaio Tap 20 is a great fit for home tech enthusiasts willing to try something new.

Toshiba Portege Z935-P300

Rating: 3.5 stars out of 5 (Very good)

The good: This Toshiba product has very good features, performance and battery life for its price and is very thin and very light.

The bad: The keyboard may be too small for some users and the laptop doesn’t feel particularly sturdy, especially the lid and display.

The cost: $779.99 to $876

The bottom line: The Toshiba Portege Z935-P300 is an excellent ultrabook value if you can overlook its few design shortcomings.

Apple iPad Mini

Rating: 4 stars out of 5 (Excellent)

The good: The ultrathin and light design makes it seem far more intimate and booklike than the larger iPad, and its cameras, storage capacities, optional LTE antenna and general functionality offer a full iPad experience. The screen’s dimensions elegantly display larger-format magazines and apps.

The bad: It costs too much, especially considering the lower resolution of its 7.9-inch display, which isn’t a Retina Display. The A5 processor isn’t as robust as the one in the fourth-gen iPad and iPhone 5. Typing on the smaller screen is not quite as comfy.

The cost: $329.99 to $549.99

The bottom line: If you want the full, polished Apple tablet experience in a smaller package, the iPad Mini is worth the premium price. Otherwise, good alternatives are available for less money.

Apple iPhone 5

Rating: 4 stars out of 5 (Excellent)

The good: The iPhone 5 adds everything we wanted in the iPhone 4S: 4G LTE, a longer, larger screen, free turn-by-turn navigation, and a faster A6 processor. Plus, its top-to-bottom redesign is sharp, slim, and featherlight.

The bad: Apple Maps feels unfinished and buggy; Sprint and Verizon models can’t use voice and data simultaneously; the smaller connector renders current accessories unusable without an adapter; there’s no NFC; and the screen size pales in comparison with jumbo Android models.

The cost: $199.99

The bottom line: The iPhone 5 completely rebuilds the iPhone on a framework of new features and design, addressing its major previous shortcomings. It’s absolutely the best iPhone to date, and it easily secures its place in the top tier of the smartphone universe.

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FBI: 4 Calif. men charged in alleged terror plot, planned to join al-Qaeda

LOS ANGELES — Four Southern California men have been charged with plotting to kill Americans and destroy U.S. targets overseas by joining al-Qaeda and the Taliban in Afghanistan, federal officials said Monday.

The defendants, including a man who served in the U.S. Air Force, were arrested for plotting to bomb military bases and government facilities, and for planning to engage in "violent jihad," FBI spokeswoman Laura Eimiller said in a release.

A federal complaint unsealed Monday says 34-year-old Sohiel Omar Kabir of Pomona introduced two of the other men to the radical Islamist doctrine of Anwar al-Awlaki, a deceased al-Qaida leader. Kabir served in the Air Force from 2000 to 2001.

The other two — 23-year-old Ralph Deleon of Ontario and 21-year-old Miguel Alejandro Santana Vidriales of Upland — converted to Islam in 2010 and began engaging with Kabir and others online in discussions about jihad, including posting radical content to Facebook and expressing extremist views in comments.

They later recruited 21-year-old Arifeen David Gojali of Riverside.

Authorities allege that in Skype calls from Afghanistan, Kabir told the trio he would arrange their meetings with terrorists. Kabir added the would-be jihadists could sleep in mosques or the homes of fellow jihadists once they arrived in Afghanistan.

The trio made plans to depart in mid-November to carry out plots in Afghanistan, primarily, and Yemen, after they sold off belongings to scrape together enough cash to buy plane tickets and made passport arrangements.

In one online conversation, Santana told an FBI undercover agent that he wanted to commit jihad and expressed interest in a jihadist training camp in Jalalabad, Afghanistan.

The complaint also alleges the men went to a shooting range several times, including a Sept. 10 trip in which Deleon told a confidential FBI source that he wanted to be on the front lines overseas and use C-4, an explosive, in an attack. Santana agreed.

"I wanna do C-4s if I could put one of these trucks right here with my, with that. Just drive into, like, the baddest military base," Santana said, according to the complaint.

Santana added he wanted to use a large quantity of the explosive. "If I'm gonna do that, I'm gonna take out a whole base. Might as well make it, like, big, ya know," he said.

According to the complaint, at the shooting range that day both Santana and Deleon told a confidential FBI source they were excited about the rewards from becoming a shaheed, which is Arabic for martyr.

Ten days later, during another trip to the shooting range to fire assault-style rifles, Santana told the source he had been around gangs and had no problem taking a life.

On Sept. 30, Gojali was recruited to the plot after he was asked if he had it in him to kill in jihad. Gojali answered, "Yeah, of course."

"I watch videos on the Internet, and I see what they are doing to our brothers and sisters. ... It makes me cry, and it gets like I'm, like, so angered with them," Gojali said, according to the complaint.

The men wiped their Facebook pages of radical Islamist content and photos of themselves in traditional Muslim attire, and devised a cover story that they were going to Afghanistan to attend Kabir's wedding.

Federal authorities said the trio and the FBI's confidential source bought airplane tickets last week for a Sunday flight from Mexico City to Istanbul, with plans to later continue to Kabul.

After Kabir began talking to him about Islam, Santana said he "accepted Islam without knowing anything about it besides it being the truth" and that he believed the religion would help him "fit in and actually be able to fight for something that's right," according to the complaint.

If convicted, each defendant faces a maximum of 15 years in federal prison.

Kabir is being detained in Afghanistan. The other three appeared for a detention hearing Monday in Riverside, and all but Gojali were remanded to federal custody with no bail. His detention hearing was delayed.

After-hours calls left for the men's attorneys were not immediately returned Monday.

A preliminary hearing is slated for Dec. 3, and an arraignment is set for Dec. 5.

Kabir is a naturalized U.S. citizen who was born in Afghanistan. Santana was born in Mexico, while Deleon was born in the Philippines. Both are lawful, permanent U.S. residents. Gojali is a U.S. citizen.

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In humbler times for state House Republicans, Will Weatherford sets a more moderate tone

TALLAHASSEE --
Few state institutions bear a more distinct imprint of recent Republican hegemony than the Florida House of Representatives.

It launched the political career of U.S. Sen. Marco Rubio, who served as its speaker four years ago. Its members have passed some of the most conservative bills in the nation. And since 2006, it has nurtured the career of Will Weatherford of Wesley Chapel.

On Tuesday, Weatherford will be sworn in as, at 33, the youngest speaker of the House in recent Florida history and the first speaker from the Tampa Bay area since 2004. He’ll preside over a chamber where Republicans have an overwhelming 76-44 majority. The son-in-law of former House Speaker Allan Bense, Weatherford looks like the latest model in a long, unbroken line of GOP speakers.

But these are also somewhat humbling times for House Republicans. On Nov. 6, they lost five seats and their veto-proof majority, punctuated by the shocking defeat of the person who had been picked to succeed Weatherford as speaker in 2014, Chris Dorworth.

"There’s no question that the state moved more toward the center," said incoming Minority Leader Perry Thurston, D-Plantation. "This will change things, make it more bipartisan than it has been for quite a while."

The moment may be tailor-made for Weatherford, a block of a man and former defensive end at Jacksonville University who has developed a reputation for playing nice with both parties.

"If there’s one thing I’d like to achieve it is to be an inclusive reformer for the Florida House," Weatherford told reporters last week. "To make sure we’re working with our friends across the aisle, that we’re allowing for everyone’s voice to be heard and to participate, but at the same time, don’t let that stifle us from moving forward with real reforms and dealing with the challenges that Florida has before us."

Make no mistake: Weatherford, a businessman himself, will continue to push a conservative, pro-business agenda that could have been written by the Florida Chamber of Commerce.

He wants new state employees to enroll in 401(k)-style retirement plans rather than the current pension system, which provides guaranteed payments from the state. While it’s sure to alienate unions and spark a legal battle, Weatherford can’t say how much it would save the state. He says pensions are a "ticking time bomb" in state finances — despite no evidence of the sort.

He’ll push hard for a bigger commitment to online education and easing corporate taxes on small businesses. He toes the Republican Party line on the Affordable Care Act, is closely aligned with incoming Senate President Don Gaetz and publicly supports Gov. Rick Scott, albeit with measured language.

"His focus is on the right thing, which is getting unemployment down, making sure we have a fully funded education system," Weatherford said. "He’s talking about the right things."

But he disagrees with Scott on tuition. While Scott opposes tuition increases, Weatherford sides with universities, saying they are necessary to cover costs. "We have universities that if given more flexibility with tuition, they can go to great heights," he said.

His biggest break is one of style. His predecessor, Dean Cannon, ran the House with strict efficiency that bruised the feelings of marginalized Democrats while allowing Republicans to run roughshod with legislation that, during the tea party ascendency, opposed the Affordable Care Act, the federal economic stimulus and early voting. Since the spring, Weatherford has signaled he will run the House differently.

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People turn to Twitter for CPR information: study

(Reuters) – Amid snarky comments and links to cat videos, some Twitter users turn to the social network to find and post information on health issues like cardiac arrest and CPR, according to a U.S. study.

Over a month, researchers found 15,234 messages on Twitter that included specific information about resuscitation and cardiac arrest, said the study published in the journal Resuscitation.

“From a science standpoint, we wanted to know if we can reliably find information on a public health topic, or is (Twitter) just a place where people describe what they ate that day,” said Raina Merchant, the study’s lead author and a professor at the Department of Emergency Medicine at the University of Pennsylvania.

According to the researchers, they found people using Twitter to send and receive a wide variety of information on CPR and cardiac arrest, including their personal experiences, questions and current events.

Some researchers and organizations already use Twitter for public health matters, including tracking the 2009 H1N1 “swine flu” pandemic and finding the source of the Haitian cholera outbreak, the researchers said.

For the study, the researchers created a Twitter search for key terms, such as CPR, AED (automatic external defibrillators), resuscitation and sudden death.

Between April and May 2011, their search returned 62,163 tweets, which were whittled down to 15,324 messages that contained specific information about cardiac arrest and resuscitation.

Only 7 percent of the tweets were about specific cardiac arrest events, such as a user saying they just saw a man being resuscitated, or a user asking for prayers for a sick family member.

About 44 percent of the tweets were about performing CPR and using an AED. Those types of tweets included information on rules about keeping AEDs in businesses and questions about how to resuscitate a person.

The rest of the tweets were about education, research and news events, such as links to articles about celebrities going into cardiac arrest.

The vast majority of the Twitter users send fewer than three tweets about cardiac arrest or CPR throughout the month. Users that sent more tweets typically had more followers – people who subscribe to their messages – and often worked in a health-care related field.

About 13 percent of the tweets were re-sent, or retweeted, by other users. The most popular retweeted messages were about celebrity-related cardiac arrest news, such as an AED being used to revive a fan at a Lady Gaga concert.

“I think the pilot (study) illustrated for us that there is an opportunity to potentially provide research and information for people in real time about cardiac arrest and resuscitation,” Marchant said.

“I can imagine in the future we will see systems that would automatically respond to tweets of individual users. Twitter is a really powerful tool, and we’re just beginning to understand its abilities.”

SOURCE: http://bit.ly/T2bj7u

(Reporting from New York by Andrew Seaman at Reuters Health; editing by Elaine)

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Ryan Eggold: Next Taylor Swift Break-up Song?

Fresh off an appearance at Sunday night's American Music Awards, Ryan Eggold had one girl on his mind, Taylor Swift.

Fierce & Fabulous: The 2012 AMA Red Carpet Fashion

"I'm just hoping to meet Taylor Swift," he confessed of his crush at the Rolling Stone After Party in Hollywood. The 90210 actor would do just about anything to sweep her off her feet. The 11-time AMA winner is synonymous with penning songs about all her exes and Ryan's not afraid of becoming her next target. Coming up with a game plan, he told ET he'd willing oblige. "Date her for like a month and then just drop her like a rock and then get a great song out of it," he schemes.

VIDEO: Jenny McCarthy Imagines Dating Justin Bieber

Artists often use their loves as muses for lyrical inspiration. American Idol's Paul McDonald says with his blushing wife Twilight's Nikki Reed standing beside him, "I get a lot of my inspiration from this lady over here and it's good when we write together. It brings out a whole different thing than I'm used to from touring with a band."

VIDEO: Nikki Reed Duets with Hubby for 'Twilight' Song

Chicago Fire actress Teri Reeves' husband didn't need to be a hunky firefighter to win her heart. He serenaded her with a personally-written song at their wedding. "My husband is a musician. He doesn't wear a uniform, but he wears a guitar, which is equally as sexy," she gushes.

Watch the video for more about the AMAs, Dancing with the Stars, and Once Upon a Time.

VIDEO: Kesha on Justin Bieber: 'I Would Hit That'

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Growing middle class feeds spirits business in Latin America

Diageo executive Randy Millian is proud of the fact that eight out of every 12 times someone pours a standard or premium whiskey in the Latin American and Caribbean region, they’re drinking one of his company’s brands.

That kind of dominance is why the spirits giant is bullish on its future in Latin America, which recently has been the fastest growing region for Diageo worldwide. In 2012, the Latin America and Caribbean region represented 12 percent of Diageo’s net worldwide sales and 11 percent of the company’s operating profit. Diageo hopes Brazil will become one of its top three markets by 2017, behind the U.S. and the United Kingdom.

But getting there hasn’t been easy. During periods of economic and political unrest in the region over the last decade, there were times when it would have been more profitable for Diageo to pull back, said Millian, president of Diageo Latin America and the Caribbean. Yet, the company focused on growing its scotch business across the region and it paid off. Over the last eight years, Diageo has increased sales more than two and a half times and almost tripled its operating profit.

“I believed it would get good,” said Millian, who supervises more than 3,000 employees across the region and 119 in Miami. “But I’m not sure I realized it would get this good.”

Millian has been running the region out of Diageo’s Miami office for more than a decade. But he’s also no stranger to this part of the world. He first lived in Argentina as a child and during his career has done stints in Venezuela, Brazil, Mexico and Costa Rica.

The Miami Herald sat down with Millian during a media day, which was part of a Diageo investor conference in Miami spotlighting the success in the Latin American and Caribbean region. Here is some of what Millian had to say:

Q. Has your growth over the last decade been comparable to Diageo’s growth around the world?

We would definitely be in the top positions in the league within Diageo. That’s one of the reasons they’re focusing on us. Like many corporations, the emerging markets have a huge potential for growth. I’m including Asia-Pacific, Africa and Latin America. We are seeing higher growth rates than we are seeing in the developed world, especially Europe. Although the U.S. is starting to come back, the growth rates in the emerging markets are significantly higher.

Q. What is driving the growth Diageo is experiencing in Latin America?

The improved demographics. You now have over 50 percent of the population who is middle class. You have had an increase in spending. Not only are there more people in the middle class, but you have more people in the (upper) class. We expect over the next year to have 60 million more people in the (upper) class. They’re also learning to spend money in different ways.

Q. In what countries do you see the most growth or most opportunities for future growth? Is Brazil the main focus?

There has been broad growth in Brazil, Colombia, Mexico, Chile and Peru. We have seen it all over, but those would be the ones we’re focusing on. It’s not just Brazil, it’s throughout the region.

Q. Why did you remain committed to this region over years when there was not a lot of growth and there was a lot of political and economic unrest in some countries?

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President Obama discusses freedoms, offers 'hand of friendship' in Myanmar speech

AP

President Obama speaks in Myanmar Monday.

President Obama spoke about freedoms and empowerment during a Monday speech in Myanmar, encouraging the country to continue its transition to democracy.

“Hatred in the human heart can recede,” Obama said, suggesting that “the lines between races and tribes can fade away.”

Obama offered a “hand of friendship” and US support for Myanmar – long ruled by a repressive military – and other nations that respect its people’s rights and international law.

But he also said the new civilian government must nurture democracy or watch it, and US support, disappear.

During his speech at the University of Yangon, Obama addressed America’s own restrictive past.

“Once, the color of my skin would have denied me the right to vote,” he said. “If our country can transcend its differences, yours can too.”

The speech came during Obama’s four-day trip to Southeast Asia. He’s the first US president to visit Myanmar.

With AP

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New House speaker faces post-election challenges

TALLAHASSEE --
Few state institutions bear a more distinct imprint of recent Republican hegemony than the Florida House of Representatives.

It launched the political career of U.S. Sen. Marco Rubio, who served as its speaker four years ago. Its members have passed some of the most conservative bills in the nation. And since 2006, it has nurtured the career of Will Weatherford of Wesley Chapel.

On Tuesday, Weatherford will be sworn in as, at 33, the youngest speaker of the House in recent Florida history and the first speaker from Tampa Bay since 2004. He’ll preside over a chamber where Republicans have an overwhelming 76-44 majority. The son-in-law to former House Speaker Allan Bense, Weatherford looks like the latest model in a long, unbroken line of GOP speakers.

But these are also somewhat humbling times for House Republicans. On Nov. 6, they lost five seats and their veto-proof majority, punctuated by the shocking defeat of the person who had been picked to succeed Weatherford as speaker in 2014, Chris Dorworth.

“There’s no question that the state moved more toward the center,” said incoming Minority Leader Perry Thurston, D-Plantation. “This will change things, make it more bipartisan than it has been for quite a while.”

The moment may be tailor-made for Weatherford, a block of a man and former defensive end at Jacksonville University who has developed a reputation for playing nice with both parties.

“If there’s one thing I’d like to achieve is to be an inclusive reformer for the Florida House,” Weatherford told reporters last week. “To make sure we’re working with our friends across the aisle, that we’re allowing for everyone’s voice to be heard and to participate, but at the same time, don’t let that stifle us from moving forward with real reforms and dealing with the challenges that Florida has before us.”

Make no mistake: Weatherford will continue to push a conservative, pro-business agenda that could have been authored by the Florida Chamber of Commerce.

He wants new state employees to enroll in 401(k)-style retirement plans rather than the current pension system, which provides guaranteed payments from the state. While it’s sure to alienate unions and spark a legal battle, Weatherford can’t say how much it will save the state. He says pensions are a “ticking time bomb” in state finances — despite no evidence of the sort.

He’ll push hard for a bigger commitment to online education and easing corporate taxes on small businesses. He toes the Republican party line on the Affordable Care Act, is closely aligned with incoming Senate President Don Gaetz and publicly supports Gov. Rick Scott, albeit with measured language.

“His focus is on the right thing, which is getting unemployment down, making sure we have a fully funded education system,” Weatherford said. “He’s talking about the right things.”

But he disagrees with Scott on tuition. While Scott opposes tuition increases, Weatherford sides with universities, saying they are necessary to cover costs.

“We have universities that if given more flexibility with tuition, they can go to great heights,” he said.

His biggest break is one of style. His predecessor, Dean Cannon, ran the House with strict efficiency that bruised the feelings of marginalized Democrats while allowing Republicans to run roughshod with legislation that, during the tea party ascendency, opposed Obamacare, the stimulus and early voting. Since the spring, Weatherford has signaled he will run the House differently.

Read More..