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Apple Inc. AAPL, +0.36% shares rebounded, rising 3.9%, following Thursday’s 9.9% decline spurred by the company cutting its revenue guidance, citing weaker iPhone sales in China.
Shares of Netflix Inc. NFLX, +1.58% closed up 9.1%, after Goldman Sachs added the stock to its conviction list and said a 36% pullback since July presents an attractive buying opportunity.
Coty Inc. COTY, +0.09% shares are up 4.7%, after JPMorgan analyst Andrea Teixeira raised her rating on the stock from sell to neutral, arguing that the beauty-products company’s stock has hit a “rock bottom” valuation. The stock is down more than 49% over the past six months.
How did other markets trading?
Stock markets in China rallied Friday, after news of the resumption of U.S.-China trade talks, new stimulus measures from China’s central bank, as well as a better-than-expected report on the Chinese services sector.
Both the Shanghai Composite Index SHCOMP, +0.63% and Hong Kong’s Hang Seng HSI, -0.54% Index gained more than 2%. Japan’s Nikkei NIK, +0.50% however, slid 2.3% after the Tokyo Stock Exchange had been closed for holidays all week.
European stock markets also rallied, with the Stoxx Europe 600 SXXP, +0.22% and the FTSE 100 UKX, -0.15% closing solidly in the green.
Crude-oil futures US:CLG9 are rising Friday, up 2.3%, while the U.S. dollar DXY, +0.40% edged 0.1% lower and gold US:GCG9 prices fell by 0.6%.
ZURICH (Reuters) - - FIFA president Sepp Blatter has expressed grave concern over reports that several Palestine players have been illegally detained in Israel.
Blatter had written to the Israel Football Association and asked it to draw the attention of Israeli authorities to the matter, FIFA said in a statement.
“FIFA President Joseph Blatter expressed today grave concern and worry about the alleged illegal detention of Palestine football players,” the statement said.
“The reports FIFA received state that, in apparent violation of their integrity and human rights and without the apparent right of a trial, several Palestine football players have allegedly been illegally detained by Israeli authorities.
FIFA said it had heard about the situation through correspondence with the Palestine Football Association, media reports and the world players’ union FIFPro.
An Israel Football Association spokeswoman said Blatter’s letter had been received and a response would be delivered to FIFA “in the coming days”.
FIFPro said that Sarsak, who lives in Rafah in the Gaza strip, was arrested at a checkpoint while on his way to the West Bank for a match with his national team in 2009.
He was interrogated for 30 days, imprisoned and denied visits from his friends or family, FIFPro said.
FIFPro said that his weight had dropped to 30 kgs following his hunger strike.
Sarsak’s current term of detention term ends on August 22 but there is no guarantee that it will not be renewed for a further six months, as it has been before, his family and lawyer said.
The lawyer, Mohammad Jabarin, said on Monday that Sarsak had broken his hunger strike and had begun to drink milk the night before.
“In order to save his life, he agreed to start drinking milk and he will be drinking only milk...he was severely dehydrated but after he drank for the first time last night, he started doing a little better and is now in a stable condition,” Jabarin told Reuters.
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Most of what you think you know about grammar is wrong.
That's the title of a recent Smithsonian magazine article by Patricia T. O'Conner and Stewart Kellarman. It's also destined to be my first tattoo.
Just about every week, I spend several hours explaining to people that some beloved teacher, parent or grandparent pumped their heads full of hogwash. As a result, much of what they think they know about grammar is wrong. A tattoo saying as much would help me dispense with the long explanations. Then my listeners could...
O'Conner and Kellarman's article debunks supposed "rules" against splitting infinitives, ending sentences with prepositions and beginning sentences with conjunctions, especially "and." As so many people were taught in the 1950s and '60s, these are wrong, wrong and wrong. But in fact, these prohibitions are just longtim...
My best guess is that these prohibitions started out as writing suggestions that work quite well in certain situations. Then a generation of control freaks decided to tell kids these were absolute rules, even though they weren't.
O'Conner and Kellarman made that clear, but they only scratched the surface. Bad grammar information isn't limited to this Big Three of linguistic baloney. It seems that every month I'm gobsmacked to learn of some new myth.
Here, off the top of my head, are just a few of the grammar "rules" people have told me that they were taught.
You can't use "healthy" to mean "healthful."
You can't use "nauseous" to mean "nauseated."
You can't begin a sentence with "it."
The word "got" is always wrong.
You can't say "graduate college." You must say "graduate from college."
"Impact" is not a verb, only a noun.
"Hopefully" means only "in a hopeful manner." It can't be used to mean "it is hoped" or "I hope that."
You can't say, "More importantly." You must say instead "More important."
You can't say, "More important." You must say instead, "More importantly."
You can't use "disinterested" to mean "uninterested."
"Data" always takes a singular verb like "is" and never a plural verb like "are."
All these supposed rules — along with others far too numerous to fit here — are, quite simply, wrong. Why should you take my word for it? You shouldn't. I'm not relying on my own authority here. I'm researching what real authorities say.
My sources, which I recommend keeping handy, include Webster's New World College Dictionary, Merriam-Webster's Collegiate Dictionary, Garner's Modern American Usage, Merriam-Webster's Dictionary of English Usage, Fowler's Modern English Usage, and in some cases, even Strunk and White's "The Elements of Style."
Enough time thumbing through guides like these proves that any grammar rule that begins with "you can't" or "it's wrong to" should never be taken on faith.
Ed Miliband enters his conference week in apparently terrible shape. Labour's poll lead has all but evaporated and his personal ratings have dipped from being merely dreadful to being utterly dire.
And while he is desperate to talk about Labour's bright new future, the media just wants to talk about his party's "poisonous" past instead. Yet despite it all, there are still plenty of reasons for Miliband to be cheerful. Here's five.
1. Nobody cares about Damian McBride.
The new book by the former aide to Gordon Brown may have "electrified" Westminster but it has barely registered elsewhere. Stories about which spin doctor once said what to whom five years ago may be fascinating to people who both know and care about these things, but they're utterly dull to everybody else. Perhaps the...
2. They do care about childcare and housing.
The Tories have spent the past couple of years attacking Miliband for his lack of policies. Now, we're finally beginning to see some. Ed Balls' announcement on free childcare for working parents is likely to be popular with those struggling to pay the exorbitant costs of childcare. Likewise, the mooted announcement of ...
The Tories will now spend the next year-and-a-half insisting these are unaffordable and would leave Britain bankrupt. This may or may not work, but at least Labour are setting the agenda for once. This is a step in the right direction.
3. The challenge facing David Cameron is immense.
If Ed Miliband has a mountain to climb to win the next election then David Cameron has an entire Alpine range. The Conservative party has not won an outright majority for over 20 years and they're currently even further from that aim than they were three years ago.
Since 2010 a large chunk of their support has gone to Ukip while a similarly large chunk of the Liberal Democrats' support has gone to Labour. This basic fact has barely changed over the past three years despite a slight recovery of the Tory vote in recent months.
For the Tories to win the next election outright, they need to claw back voters from Ukip, hope Labour loses their votes back to the Lib Dems, and then somehow win over a whole bunch of other voters they failed to persuade in 2010. This could all happen of course, but it's difficult right now to see how.
4. Personal ratings are not good predictors of elections.
The Tories' campaign manager Lytnon Crosby is likely to focus his campaign on attacking the perceived weakness of Ed Miliband. Veterans of his time working for London mayor Boris Johnson will know they should expect a sustained and personal series of attacks against the Labour leader. Under fire, Miliband will struggle...
But while this may be effective as far as it goes, it fails to take into account the fact that the public already has a very low opinion of the Labour leader. Miliband's personal ratings are about as bad as it gets and the Tories remain behind anyway. Miliband's poor ratings appear to be already factored in.
Besides, personal ratings are not very good predictors of elections. Margaret Thatcher won in 1979 despite heavily trailing Callaghan as "best PM" in the polls. Tony Blair won in 1997, despite the fact that far more people trusted Major to run the economy. In Australia too, Tony Abbott has just won the election despite...
This isn't to say that personal ratings don't matter. It's just that they're not always the decisive factor.
5. Commentators get it wrong.
Most commentators predicted that Miliband would not become the next Labour leader when Gordon Brown stood down in 2010. In fact even when the votes were coming in, the BBC's political editor Nick Robinson famously declared it had been won by his brother instead.
Many of those commentators are just as confidently predicting that Labour will lose in 2015. They may be right of course, but according to the polls and the bookies, Ed Miliband is still the favourite to become Britain's next prime minister. Not that he will have got that impression from any of the coverage he has rece...
Doctors cooled the teen's body temperature to 33 degrees to save him.
A Florida teen has become only the fourth person in the last 50 years to survive an infection by Naegleria fowleri, commonly known as the brain-eating amoeba.
Sebastian DeLeon, 16, continues his recovery after contracting the infection earlier this month.
He was taken to Florida Children's Hospital in Orlando, Florida, with a severe headache on Aug. 7. Doctors believe the teen, a camp counselor, was exposed to the amoeba at a freshwater lake a few days earlier.
Immediately after DeLeon arrived in the emergency room, doctors suspected a serious infection, especially since he had early signs of meningitis. Tests of his spinal fluid found evidence of the amoeba. Naegleria fowleri infection is fatal in 97 percent of cases.
"He presented on Friday and had a worsening headache on Saturday," Dr. Humberto Liriano, who treated DeLeon, told reporters today. "The boy was hospitalized on Sunday, 30 hours after first developing a headache."
Doctors took quick action to save him, lowering his body temperature and inducing a coma.
Doctors at Florida Children's Hospital were able to get quick access to miltefosine, a medication being investigated by the U.S. Centers of Disease Control and Prevention that has shown some promise in killing the amoeba. Since the drug may not work quickly enough to stop the damage from the amoeba, the doctors made th...
"The amoeba loves warm water, and you cool it, and the amoeba becomes a cyst," Liriano explained.
The amoeba is naturally occurring in freshwater lakes and ponds. Infection can result when it travels up the nasal passage to the brain.
DeLeon remained in the induced coma for days with medical staff monitoring his vital signs.
"We watched and waited for Sebastian while he was in the coma," Liraino said.
A few days later, doctors woke him up and removed his breathing tube. According to Liraino, DeLeon was speaking hours later.
"He's walking, talking. It's a miracle," said Liraino.
DeLeon's mother thanked the "wonderful team" at the hospital that treated her son.
"God has given us a miracle for having our son back and having him full of life," she said. "We are so thankful for the gift of life."
Feb 15 - Apple analyst says its time for company to release product update, plus why offer for Dell could rise.
Apple -- for something you. Piper Jaffray analyst gene Munster thinks. His research shows that had a product launch -- about every four months -- -- since 2009. In that out today. He gets the pass through such events for a third generation iPad last march the iPhone 5 in September and the iPad mini back in October. Tha...
ASTON VILLA striker Keinan Davis is “confident enough” to play for one of the Premier League’s biggest teams later in his career.
That is according to Dave Northfield, Davis’ manager at former club Biggleswade FC.
The 19-year-old has impressed for Villa this term, scoring twice in 14 Championship appearances.
Arsenal and Manchester United have reportedly sent scouts to watch Davis in action.
And when asked if Davis is good enough to make it at either club later in his career, Northfield told the Daily Star: “I’d love to think he was. He’s taking everything by storm. Is he good enough? Steve Bruce and his agents will tell you that!
“I hope so. He looks confident enough to make it. He’s different. Is he there yet? No, but he’s only 19.
“If he keeps his head down and working hard and listening, which I’m confident he is, I think the world’s his oyster.
Villa saw off competition from Ipswich and Fulham to sign Davis from Biggleswade FC, who did not include a sell-on clause in the deal.
Davis put pen to paper on a contract extension until 2020 last week and Northfield, who accompanied the teenager during the discussions, believes he is happy at Villa Park.
“I was up there for a meeting with his agents a few weeks ago, I just sit there and ask him if he’s happy,” he said.
“I don’t think, at this stage at Villa, that he wants to go anywhere. He’s comfortable. I think he’s happy.
“But it’s different if a big club comes in and offers money. He may have no choice in that.
“He’s not a lad that’s saying: ‘I should be playing for Chelsea or Man Utd’.