Thursday, August 1, 2013

ConocoPhillips 2Q beats analysts' estimates

HOUSTON (AP) -- ConocoPhillips on Thursday reported lower second-quarter earnings. But they were higher than analysts' estimates, and the oil company raised its production estimate for the year.

Net income was $2.05 billion, or $1.65 per share, for the quarter that ended June 30. A year earlier it earned $2.27 billion, or $1.80 per share. The year-ago period included a month of revenue from the Phillips 66 gas station business, which ConocoPhillips sold on April 30.

Excluding special items it would have earned $1.75 million, or $1.41 per share, up from $1.5 billion, or $1.19 per share, a year earlier. Analysts surveyed by FactSet expected a profit of $1.29 per share.

Revenue fell 4.7 percent to $14.14 billion.

ConocoPhillips now expects to produce an average of 1.52 million to 1.53 million barrels of oil equivalent per day for the full year. Its previous estimate was 1.49 million to 1.52 million barrels.

The company plans to dispose of its interests in businesses in Algeria and Nigeria and the Kashagan oilfield in the Caspian sea. It said those deals are expected to close by the end of this year and should bring in about $9 billion. It expects total proceeds from selling businesses this year to be $10.5 billion.

Total production from ongoing operations for the quarter was 1.51 million barrels per day, up from 1.49 million barrels a year earlier.

Shares of ConocoPhillips rose $1.14 to $66 in morning trading amid a broad market rally.

Source: http://news.yahoo.com/conocophillips-2q-beats-analysts-estimates-141907631.html

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Leaked docs give new insight into NSA's searches

LONDON (AP) ? Documents published by the Guardian newspaper are providing new insight into the National Security Agency's surveillance of world data, giving an over-the-shoulder look at the programs and techniques U.S. intelligence analysts use to exploit the hundreds of billions of records they gather each year.

Dozens of training slides published Wednesday divulge details about XKeyscore, one of a family of NSA programs that leaker Edward Snowden says has given America the ability to spy on "the vast majority of human communications."

Some of the slides appear to carry screenshots showing what analysts would see as they trawled the intercepted conversations and include sample search queries such as "Show me all encrypted word documents from Iran" or "Show me all the word documents that reference Osama Bin Laden."

One question-and-answer slide asks what to do if a terror cell isn't associated with any particular search term. The answer: Look for "anomalous events," which the NSA defines as "someone whose language is out of place for the region they are in" or, rather more vaguely, "someone searching the web for suspicious stuff."

In an indication of the program's importance, one slide says that XKeyscore has led to the capture of more than 300 terrorists. In a statement, the NSA said that figure only included captures up to the year 2008, and pushed back against any suggestion of illegal or arbitrary collection of data.

"These types of programs allow us to collect the information that enables us to perform our missions successfully ? to defend the nation and to protect U.S. and allied troops abroad," the statement said.

How and from where the program harvests its information isn't completely clear, nor is it obvious how XKeyscore fits in with other recently revealed NSA activities, such as the PRISM program, which draws data from Silicon Valley firms.

"It's hard to tell what this is without some context," said security researcher Ashkan Soltani, who has been following the NSA revelations.

But hints as to the program's size and scope are scattered across the documents. One slide said XKeyscore was supported by 700 servers and 150 sites across the globe, and the volume of data available to analysts through XKeyscore appears to be vast.

The Guardian quoted another slide as saying that nearly 42 billion records had been captured by the system during a one-month period in 2012. So much content was being collected, the newspaper said, that it could be stored only for short periods of time ? generally just a few days.

"At some sites, the amount of data we receive per day (20+ terabytes) can only be stored for as little as 24 hours," the paper quoted one document as saying.

The leaked documents also give new insight into how analysts determine that their target is a foreigner ? a key issue thrown up in the debate over the American surveillance program. In a statement broadcast in June, Snowden warned he had the authority to spy on any American he pleased ? "you, your accountant, to a federal judge, to even the President if I had a personal email."

The NSA has strongly denied that claim, and on Wednesday it repeated past assurances that it had "stringent oversight and compliance mechanisms built in at several levels" and that analysts were unable to "operate freely."

The new documents may provide fodder for both sides of the argument.

On the one hand, it appears that NSA analysts were required to fill out forms asserting that their target was a foreigner before they could pore over the intercepted data.

On the other hand, the forms published by the Guardian did not appear terribly exhaustive. One was a multiple-choice list explaining why a target was believed to be foreign (one option: "Phone number is registered in a country other than the US.") Another form, for reading intercepted emails, had a field for "justification," but the brief sample justification provided appeared to be only five words and refer vaguely to a "ct target" in "africa."

Like past stories on NSA surveillance, the Guardian's most recent article drew on documents supplied by Snowden to journalist Glenn Greenwald in Hong Kong, according to newspaper spokesman Gennady Kolker. They're the first to have been published in the Guardian since Snowden, who remains stuck at a Moscow airport, applied for temporary asylum in Russia on July 16.

It's not clear whether that may complicate the leaker's asylum bid.

Russian President Vladimir Putin said he'd be inclined to accept the bid on condition that Snowden agreed not to hurt U.S. interests ? implying that the American would have to stop spilling U.S. secrets if he wanted safe harbor. But Snowden's Russian lawyer, Anatoly Kucherena, said Wednesday that the material for the article was provided to the media long before Snowden promised to stop leaking.

"He warned me that he had already sent to the press an array of revealing information and secret documents and, unfortunately, could not stop its publication," Kucherena was quoted as saying by the Interfax news agency.

___

Kimberly Dozier in Washington and Vladimir Isachenkov in Moscow contributed to this report.

___

Online:

Raphael Satter can be reached at: http://raphae.li/twitter

Source: http://news.yahoo.com/leaked-docs-insight-nsas-searches-153823561.html

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Infographic: Financial Health vs. Physical Health | Credit Karma Blog

July 31st, 2013

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If you were given the chance to get rid of your debt, but in its place you?d have to pack on some extra pounds, would you do it? If you said ?no? then you?re in agreement with the majority of Americans we surveyed. Credit Karma recently teamed up with Harris Interactive to survey 2,021 adults and found that the 72 percent of those with debt preferred holding on to that debt than gaining weight. Scroll down to see the rest of the results.

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financial health vs physical health infographic

Tell us your thoughts! What would you choose? debt or weight?

Amy

Amy Leone is the Public Relations Coordinator at Credit Karma. Before joining the team in June 2012 she spent most of her career as a TV news producer. When she?s not helping promote Credit Karma on a variety of media outlets, she?s probably out running or exploring her new state of California.

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Source: http://blog.creditkarma.com/credit-karma/financial-health-vs-physical-health-infographic/

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RealNetworks Gets Serious About Social Casino Gaming With $15.6M Slingo Acquisition, New Sweepstakes

Screen Shot 2013-07-31 at 9.05.22 AMRealNetworks, a Seattle-based publicly-traded company that runs RealPlayer and has a gaming arm, is digging into social casino games with a deal to buy Slingo for $15.6 million. It’s also launching a new kind of casino game that involves a $100,000 sweepstakes called Gamehouse Casino Plus. The two moves are meant to revitalize RealNetworks’ gaming business, which brought in $13.9 million in the quarter ending in March of this year. Slingo is a combo of bingo and slots and has more than 4.5 million people monthly active users on Facebook, plus more on mobile platforms and on physical slot machines in casinos. The game launched on Facebook back in February of last year, and reached a peak of more than 50 million monthly active users. It also came to Android and iOS through Slingo Supreme, a paid app. The physical game, which is in Slingo-branded slot machines, is played in more than 300 casinos in the U.S. and RealNetworks says that more than $1 billion Slingo-branded tickets have been sold through other lottery games. “Real money gaming in the U.S. is not going to become a mainstream thing anytime soon,” said RealNetworks CEO Rob Glaser. But he said he believed that studios can still innovate on the social casino genre, which has become increasingly competitive over the last two years. In Gamehouse Casino Plus, players play your typical casino games — like slots, video poker, blackjack and roulette — but they also win tickets to participate in a $100,000 sweepstakes every month.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/-QcSHU5IEwU/

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Afghan civilian deaths up by a quarter as Nato troops withdraw

The number of Afghan civilian deaths has jumped by nearly a quarter in the first six months of 2013, according to a new UN report.

A total of 1,300 people have lost their lives in the 12-year-old conflict since the beginning of the year.

The number of children killed has risen 30 percent compared with last year, as insurgents step up their attacks with home-made devices.

?The main factors driving the increase in civilian casualties were the following: the increased use of improvised explosive devises or IEDs by anti-government elements particularly in areas frequented by civilians such as bazaars, markets, busy roads and other places,? explained UNAMA Human Rights Director, Georgette Gagnon.

The news has sparked fears over the Afghan forces? ability to cope with the withdrawal deadline for international troops approaching in 2014.

A Nato investigation concluded their forces were not responsible for the deaths, though their accelerated departure appears to coincide with the increase.

More about: Afghanistan, Afghanistan attack, Civilians, Death, Human Rights

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Source: http://feedproxy.google.com/~r/euronews/en/interview/~3/qsfhZ3QiBUQ/story01.htm

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George Zimmerman stopped for speeding in Texas

By NOMAAN MERCHANT
Associated Press

FORNEY, Texas (AP) - George Zimmerman, the neighborhood watch volunteer who was cleared of all charges in the Florida shooting death of unarmed teenager Trayvon Martin, was stopped for speeding on a highway near Dallas, officials said Wednesday.

Forney police stopped Zimmerman on Sunday as he drove west on U.S. 80, about 20 miles east of Dallas. A police dashcam video released Wednesday shows an officer interacting with Zimmerman and letting him go with a warning.

The officer, who was not identified, asks Zimmerman, "Where you headed this weekend?"

After an unintelligible response, the officer asks, "Nowhere in particular? Why you say that?"

"You didn't see my name?" Zimmerman replies.

"Nuh-uh," the officer says.

"What a coincidence!" the officer adds. "Are you clear of warrants and stuff?"

"Absolutely sir," Zimmerman says.

Zimmerman then says something else unintelligible and the officer responds, "Calm down man, you're good."

The officer then tells him, "I'm going to go back (to check his license), and why don't you slow down a little bit for me. We'll let you off with a warning."

After an unintelligible response from Zimmerman, the officer says, "Just take it easy. Go ahead and shut your glove compartment. Don't play with your firearm."

Although the officer's comments indicated Zimmerman had a gun, a weapon can't be seen and it's not clear that he had one. However, Zimmerman had a concealed weapons permit in Florida that would be also recognized under Texas law. The gun used in Martin's shooting remains in the custody of the federal government, which is looking into a possible civil rights case.

After returning Zimmerman's driver's license, the officer says, "All right, sir. Slow down." He wishes Zimmerman a safe trip.

The traffic stop was first reported by TMZ.

The speed limit on that stretch of road is 60 mph, but police records do not show how fast Zimmerman was driving, City Manager Brian Brooks said. Police handled Zimmerman as they would have any other motorist in a comparable situation and gave him no special treatment, Brooks said.

The city manager repeatedly declined to identify the officer involved in the traffic stop.

"He obviously didn't expect to pull over George Zimmerman. I don't think he wants the notoriety," Brooks said.

Shawn Vincent, a spokesman for Zimmerman's legal team, said the attorneys had not been able to confirm the account of Zimmerman's road stop independently, but he said he had no reason not to believe the report.

"Anytime his life intersects with anyone now, somehow that's news," Vincent said. "How many people, when they get a warning, become a national headline?"

Vincent would not discuss what Zimmerman was doing in Texas or say anything about Zimmerman's current location, citing safety concerns.

Zimmerman's acquittal on July 13 prompted rallies nationwide calling for a civil rights probe and federal charges against him.

Last year's shooting of Martin, an unarmed black teen, initiated a national dialogue about equal justice, racial profiling, gun control and self-defense laws.

Protesters nationwide lashed out against police in Sanford, Fla., as it took 44 days for Zimmerman to be arrested. Many, including Martin's parents, said Zimmerman had racially profiled the 17-year-old. Zimmerman identifies himself as Hispanic.

The only other time Zimmerman has been seen in public since his acquittal was when he helped rescue four people from an overturned vehicle following a roadway accident in suburban Orlando.

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Associated Press writer Michael Schneider contributed to this report from Orlando, Fla.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://www.wtvm.com/story/22983182/george-zimmerman-stopped-for-speeding-in-texas

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