Tag Archives: Last July

GA execution halted amid lethal injection concerns

A judge has temporarily stayed a Georgia inmate’s scheduled execution Monday, after attorneys raised questions involving the state’s supply of execution drugs.

A lawyer for Warren Lee Hill said the judge planned a hearing Thursday.

It wasn’t the first time Hill’s scheduled execution has been halted by a challenge to Georgia’s execution method. Last July, a previous execution date was put on hold by an earlier challenge to the state’s plan to change from a three-drug injection to a single dose of pentobarbital.

The state Supreme Court later authorized the execution to proceed, though it was halted again so courts could consider claims Hill is mentally disabled. That stay was lifted in April and the execution rescheduled for Monday.

Hill was condemned for the killing of another inmate in 1990.

…read more

Source: FULL ARTICLE at Fox US News

Social Media and the SEC: A Love Story?

By Caroline Bennett, The Motley Fool

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In the beginning, there was the Internet. Then, in a big bang of light, sound, and tweets, there was social media. Since then, companies haven’t known quite what to do with themselves.

There has always been some gray area as to what’s appropriate for a business‘ social-media presence, and what isn’t. Now the SEC is getting involved, and its latest decision doesn’t crack down nearly as hard as you might think. In fact, Netflix is already reaping major benefits from it, not to mention Facebook itself.

The latest ruling
In a statement released on April 2, the SEC said it was perfectly ethical for companies to take to social media for releasing “key information,” just so long as they abide by the SEC‘s Regulation Fair Disclosure.

To find out what constitutes key information, take a look at the company that sparked the action: Netflix. Last July, CEO Reed Hastings posted on Facebook that users were streaming more than 1 billion hours of video a month. Within one day, Netflix’s stock jumped from $70.45 to $81.72, which raised quite a few red flags about the post.

But now, as far as the SEC is concerned, this kind of self-promotion is A-OK among public companies, just so long as they clarify which social-media tool they plan to use. If a company says its news will be available on Facebook, for instance, and it pops up on Twitter or (suspend your disbelief for a moment) Pinterest, then there’s a problem.

Are Facebook and Netflix better off?
Facebook’s stock took a noticeable jump after the SEC announcement, rising 5% from $25.32 to $26.67. This reaction suggests that the market is celebrating the SEC‘s decision, and the good news couldn’t come soon enough for Facebook. Even after the success of Graph Search‘s unveiling, the company is still struggling to return to its IPO price, so any positive press must feel like a breath of fresh air for Facebook and its investors.

The news is also Netflix’s second SEC victory in a month. A few weeks ago, the company finally got the government‘s go-ahead to make its social-media service, Netflix Social, available to U.S. residents. So why hasn’t its stock reflected these victories accordingly?

For one thing, the SEC news coincided with whispers that investor Carl Icahn had sold 10% of his share in Netflix. Even though Icahn later denied the rumor, the damage was already done. That news, paired with the announcement that Time Warner had released its own online streaming service, was enough to sink Netflix’s stock by 4%.

But don’t cry for Netflix just yet. The company’s annual revenue has more than doubled since 2008, and while it possesses a market cap of $9.46 billion, it has just $400 million on the books in long-term debt and boasts $3.9 billion in assets. And that doesn’t include the revival of Arrested Development.

There’s always money in the social-media stand
By and large, the market has met the SEC‘s …read more

Source: FULL ARTICLE at DailyFinance

1 Sign This Latin American Market Is Getting Dangerous

By Dan Caplinger, The Motley Fool

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Investors have looked to emerging markets for more than a decade as an alternative to the low growth rates that have held back much of the developed world. But not all emerging markets are the same, and different markets have to follow their own paths in charting a course for greater prosperity. Changing conditions among markets require that you pay attention to make sure the return potential is in line with risk levels.

One area where emerging-market investors have focused lately is Latin America. For a long time, Brazil has been the giant of the Latin American economy, with a rising middle class, vast wealth in natural resources, and an appetite for growth. But lately, investors have shifted their focus northward to Mexico, and interest in the Mexican stock market has risen to frothy levels.

Why Mexico has gotten more popular
U.S. investors know quite well how much impact a presidential election can have on the markets, and things are no different with our neighbor to the south. Last July, Mexican President Enrique Pena Nieto got elected, taking office in December and replacing former President Felipe Calderon. As Fool contributor Michael B. Lewis noted shortly before Pena Nieto took office, the change in government offered a much different relationship between the U.S. and Mexico, with less of an emphasis on the negative aspects of drug trafficking and violence and more on free trade and attracting direct foreign investment.

The impact has been huge. Consumer stocks have performed strongly as conditions have improved, resulting in a big move up for beverage maker Fomento Economico Mexicano . Meanwhile, improving prospects for construction have helped pull up shares of cement manufacturer Cemex .

As a result, money has flooded into the Mexican stock market, and as The Wall Street Journal reported yesterday, exchange-traded funds covering Mexico have attracted huge amounts of cash. The iShares MSCI Mexico ETF has brought in $1.4 billion during the past year, while the corresponding iShares MSCI Brazil ETF has had outflows of roughly $236 million over the same period.

Why paying a premium for Mexico isn’t smart
There’s evidence that investors are paying too much to get into the Mexican market. The closed-end Mexico Fund has historically had its shares trade at a substantial discount to their net asset value, with discounts approaching 30% during the 2000-2002 bear market and 20% during the financial crisis. In simple terms, selling shareholders in the funds were willing to accept $0.70 to $0.80 on the dollar in order to cash out.

But now, those same closed-end fund shares trade at a 10% premium to net asset value. Mexico Fund’s holdings aren’t identical to those of the iShares Mexico ETF, whose shares trade in line with the value of its assets, but the two lists of holdings have a lot of similarities.

Investors are also attracted to Mexico Fund’s managed distribution policy, which ensures a much higher …read more
Source: FULL ARTICLE at DailyFinance

8 Hilarious Pranks From Our Favorite Teen Celebs (VIDEO)

By The Huffington Post News Editors

On April Fool’s Day, it only feels right to look back on some of our favorite pranks carried out by teen celebs that put a smile on our face.

While Justin Bieber has a reputation for his sense of humor and his ability to constantly pull off funny shenanigans, Biebs is not the only young celebrity who knows how to crack a joke. Last July, members of One Direction pranked each other in an interview with Nickelodeon, and we’ve also seen Zac Efron and Taylor Swift join in on the fun.

Click through the slideshow below to see our complete list of eight hilarious pranks from teen celebs and watch the videos documenting their crazy antics.

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Source: FULL ARTICLE at Huffington Post