PBS 'Masterpiece' producer has book deal

NEW YORK (AP) ? A longtime producer at PBS is ready to pull back the curtains on "Downton Abbey" and other "Masterpiece" favorites.

Rebecca Eaton, executive producer of the "Masterpiece" series for more than a quarter century, has a deal with Viking for "Making Masterpiece: 25 Years Behind the Scenes of Masterpiece Theatre and Mystery!"

The publisher announced Wednesday that the book will come out Oct. 29. Patricia Mulcahy will co-write "Making Masterpiece."

According to Viking, Eaton will share stories about Daniel Radcliffe, Maggie Smith and other performers and will write about such popular programs as "Downton Abbey" and "Prime Suspect." Productions from "Masterpiece" have won numerous Emmy, Peabody and Golden Globe awards.

Source: http://news.yahoo.com/pbs-masterpiece-producer-book-deal-172634563.html

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Dow ends at another record close as cyclicals rally

By Ryan Vlastelica

NEW YORK (Reuters) - Stocks advanced on Tuesday, with the Dow closing at a record high on a rally in cyclical shares and as earnings season started to heat up.

With the day's advance, the S&P 500 again neared its all-time intraday high of 1,576.09, recovering from steep losses last week, the index's worst of 2013.

The return to near-record levels indicates that investors are again using market declines as buying opportunities. The top sectors of the day, technology and energy, are groups that are closely tied to the pace of economic growth.

"It's encouraging that we're seeing cyclical sectors lead the rally. It's a healthy sign - investors believe the market can continue to run higher," said Joseph Tanious, global market strategist at J.P. Morgan Funds in New York.

Among blue-chip technology stocks, Microsoft Corp jumped 3.6 percent to $29.61 as the Dow's top percentage gainer. Intel Corp shares shot up 3.1 percent to $21.75 while Hewlett-Packard rose 1.3 percent to $22.22. The S&P technology sector <.splrct> advanced 0.8 percent while the Philadelphia semiconductor sector <.sox> gained 0.9 percent.

An S&P index of energy shares <.spny> rose 0.8 percent, climbing alongside a rise of 0.9 percent in the price of U.S. crude oil, which was up on inflation data from China that reduced concerns about monetary tightening. Halliburton Co rose 1.8 percent to $39.11 and Chevron Corp gained 0.7 percent to $118.64.

The Dow Jones industrial average <.dji> advanced 59.98 points, or 0.41 percent, to 14,673.46, a record closing high. The Standard & Poor's 500 Index <.spx> gained 5.54 points, or 0.35 percent, to 1,568.61. The Nasdaq Composite Index <.ixic> added 15.61 points, or 0.48 percent, to close at 3,237.86.

The Dow also touched a record intraday high at 14,716.46.

Stocks also got a boost from a promising start to the earnings season. While only 5 percent of S&P 500 companies have reported results so far, almost three-quarters of them have topped expectations, according to Thomson Reuters data. Still, profits are seen rising just 1.5 percent from a year-ago quarter, down from estimates in January for growth of 4.3 percent.

"Expectations have gotten managed down to the point where we could more easily see companies beat expectations, making it easier for us to pop," said Kristen Scarpa, a New York-based investment strategist at Barclays, which has a year-end target of 1,595 for the S&P 500.

Late Monday, Alcoa Inc reported adjusted earnings that beat expectations, though revenue was below forecasts. Shares of Alcoa, which as the first Dow component is unofficially seen as setting the tone for the earnings season, closed flat on the day at $8.39.

There have been 4.7 negative first-quarter preannouncements for each positive one, according to Thomson Reuters data, the worst ratio since the third quarter of 2001.

Bucking that trend, however, was First Solar Inc , which surged 45.5 percent to $39.35 as the S&P 500's top gainer by far after forecasting 2013 earnings and revenue well above expectations.

The news lifted the solar sector, with Yingli Green Energy climbing 21 percent to $2.24 and Trina Solar up 14.6 percent at $4.40. The Market Vectors Solar Energy ETF rose almost 13 percent to $40.68.

About 56 percent of the shares traded on the New York Stock Exchange closed in positive territory. In contrast, 53 percent of Nasdaq-listed shares closed lower.

Volume was light, with about 5.71 billion shares changing hands on the New York Stock Exchange, the Nasdaq and NYSE MKT, below the daily average so far this year of about 6.48 billion shares.

Recent data have shown the U.S. economy is growing but at a slow pace. The March payrolls report showed jobs creation was less than half of what economists had expected. Analysts said, however, that the market has the momentum to push indexes higher, even with the Dow Jones industrial average up about 12 percent and the S&P 500 up about 10 percent for the year.

J.C. Penney was the S&P 500's largest percentage loser, tumbling 12.2 percent to $13.93 after the department store's board ousted Chief Executive Ron Johnson and replaced him with his predecessor.

Though Penney's board may not face serious legal challenges, shareholders may question whether the move to replace Johnson with Myron Ullman, who Johnson himself replaced in late 2011, is good for them.

Shares of nutritional company Herbalife fell 3.8 percent to $36.95 after the company announced KPMG had resigned as Herbalife's independent accountant after one of its senior partners engaged in insider trading in Herbalife stock.

Earlier, the stock was halted from trading after the New York Times reported KPMG would resign.

(Editing by Jan Paschal)

Source: http://news.yahoo.com/stock-futures-signal-mixed-open-093026199--finance.html

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Few to no work efficiencies when different providers read different scans on same patient

Public release date: 9-Apr-2013
[ | E-mail | Share ]

Contact: Shawn Farley
PR@acr.org
703-648-8936
American College of Radiology

Medicare estimates of potential work savings greatly exaggerated

According to a new study published online in the Journal of the American College of Radiology, any efficiencies in physician interpretation and diagnosis gained when different providers interpret different medical imaging scans performed on the same patient are minute and vary by procedure.

Specifically, no potential intra-service work duplication was found when different exam interpretations were rendered by different physicians in the same group practice. Small potential efficiencies were found possible regarding pre- and post-service activities. Across all modalities (scan types), this corresponds to a maximum Medicare professional component physician fee reduction of only 0.95 percent to 1.87 percent for services regarding the same type of scan. For services from different modalities, potential duplications were too small to even quantify.

This issue is debated in health policy circles because the Centers for Medicare and Medicaid Services (CMS) recently enacted a 25 percent Multiple Procedure Payment Reduction to Medicare reimbursement for interpretation of advanced diagnostic imaging scans performed on the same patient, in the same session. This reduction applies across all physicians in a group or practice. It does not affect the number of scans ordered, only interpretation of scans already performed. This type of reduction has recently been expanded to physical therapy, cardiovascular and ophthalmology technical services as well.

"These findings are important because the exams affected are primarily used to care for the most sick or injured patients those with massive head and body trauma, stroke or widespread cancer. These people often require interpretations by different doctors to survive. This study shows that the data Medicare used to justify funding cuts was inflated by 1,200 percent and not reflective of clinical practice," said Geraldine McGinty, M.D., chair of the American College of Radiology Commission on Economics.

Because each imaging study produces a set of images requiring individual interpretation, a physician is ethically and professionally obligated to expend the same time and effort, regardless of the date or time of service. Studies show that medical imaging use and imaging costs are down significantly since 2006.

"While potential efficiencies exist in physician pre- and post-service work when same-session, same-modality imaging services are rendered by different physicians in the same group practice, these are relatively minuscule, and have been grossly overestimated. These findings support the need for greater transparency and methodological rigor when health care regulatory actions are taken," said McGinty.

###

To arrange an interview with an ACR spokesperson, please contact Shawn Farley.

---

[ | E-mail | Share ]

?

AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.

Public release date: 9-Apr-2013
[ | E-mail | Share ]

Contact: Shawn Farley
PR@acr.org
703-648-8936
American College of Radiology

Medicare estimates of potential work savings greatly exaggerated

According to a new study published online in the Journal of the American College of Radiology, any efficiencies in physician interpretation and diagnosis gained when different providers interpret different medical imaging scans performed on the same patient are minute and vary by procedure.

Specifically, no potential intra-service work duplication was found when different exam interpretations were rendered by different physicians in the same group practice. Small potential efficiencies were found possible regarding pre- and post-service activities. Across all modalities (scan types), this corresponds to a maximum Medicare professional component physician fee reduction of only 0.95 percent to 1.87 percent for services regarding the same type of scan. For services from different modalities, potential duplications were too small to even quantify.

This issue is debated in health policy circles because the Centers for Medicare and Medicaid Services (CMS) recently enacted a 25 percent Multiple Procedure Payment Reduction to Medicare reimbursement for interpretation of advanced diagnostic imaging scans performed on the same patient, in the same session. This reduction applies across all physicians in a group or practice. It does not affect the number of scans ordered, only interpretation of scans already performed. This type of reduction has recently been expanded to physical therapy, cardiovascular and ophthalmology technical services as well.

"These findings are important because the exams affected are primarily used to care for the most sick or injured patients those with massive head and body trauma, stroke or widespread cancer. These people often require interpretations by different doctors to survive. This study shows that the data Medicare used to justify funding cuts was inflated by 1,200 percent and not reflective of clinical practice," said Geraldine McGinty, M.D., chair of the American College of Radiology Commission on Economics.

Because each imaging study produces a set of images requiring individual interpretation, a physician is ethically and professionally obligated to expend the same time and effort, regardless of the date or time of service. Studies show that medical imaging use and imaging costs are down significantly since 2006.

"While potential efficiencies exist in physician pre- and post-service work when same-session, same-modality imaging services are rendered by different physicians in the same group practice, these are relatively minuscule, and have been grossly overestimated. These findings support the need for greater transparency and methodological rigor when health care regulatory actions are taken," said McGinty.

###

To arrange an interview with an ACR spokesperson, please contact Shawn Farley.

---

[ | E-mail | Share ]

?

AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.

Source: http://www.eurekalert.org/pub_releases/2013-04/acor-ftn040913.php

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Cuba turning over Florida couple, children to U.S.

HAVANA (AP) ? A Florida couple accused of kidnapping their two young sons and fleeing by boat to Havana will be handed over to the United States, Cuban officials said after taking them into custody at a marina in the capital.

U.S. diplomats in Havana said in a statement early Wednesday that the two children had left Cuba and "are safely on their way home." The statement did not mention whether the parents had left for the U.S.

"We would like to express our appreciation to the Cuban authorities for their extensive cooperation to resolve this dangerous situation quickly," said the statement released by the U.S. Interests Section in Havana.

Earlier Tuesday, Foreign Ministry official Johana Tablada told The Associated Press in a written statement that Cuba had informed U.S. authorities of the country's decision to turn over Joshua Michael Hakken, his wife Sharyn, and their two young boys.

U.S. authorities say Joshua Michael Hakken kidnapped his sons, 4-year-old Cole and 2-year-old Chase, from his mother-in-law's house north of Tampa. The boys' maternal grandparents had been granted permanent custody of the boys last week.

Tablada did not say when the handover would occur, but reporters saw Sharyn Hakken leaving the dock of the Hemingway Marina in the back seat of a Cuban government vehicle and workers later said that all four Hakkens had been taken away.

An AP reporter spotted the family earlier Tuesday beside their boat at the marina. A man who resembled photographs of Joshua Michael Hakken yelled out "Stop! Stay back!" as the reporter approached, but there was no outward sign of tension or distress between the family members.

Tablada said Cuba tipped the State Department off to the Hakkens' presence on Sunday and that from that moment "diplomatic contact has been exchanged and a professional and constant communication has been maintained."

The U.S. and Cuba share no extradition agreement and the island nation is also not a signatory of the Hague Convention on the Civil Aspects of International Child Abduction, an international treaty for governmental cooperation on such cases.

Cuba has harbored U.S. fugitives in the past, though most of those cases date back to the 1960s and 70s, when the island became a refuge for members of the Black Panthers and other militant groups. More recently, dozens of Cuban Medicare fraud fugitives in the U.S. have tried to escape prosecution by returning to the island.

But Cuba has also cooperated with U.S. authorities in returning several criminal fugitives in recent years, including Leonard B. Auerbach in 2008. Auerbach was wanted in California on federal charges of sexually abusing a Costa Rican girl and possessing child pornography. He was deported.

In 2011, U.S. marshals flew to Cuba and took custody of two American suspects wanted in a New Jersey murder.

Hakken lost custody of his sons last year after a drug possession arrest in Louisiana and later tried to take the children from a foster home at gunpoint, authorities said. A warrant has been issued for his arrest on two counts of kidnapping; interference with child custody; child neglect; false imprisonment and other charges.

"My team and I working very hard to ensure safety for two Amcit kids," Conrad Tribble, the No. 2 U.S. diplomat on the island, said via Twitter later Tuesday, using a shorthand for "American citizens."

According to the Hillsborough County Sheriff's Office, Hakken entered his mother-in-law's Florida house last Wednesday, tied her up and fled with his sons. Federal, state and local authorities searched by air and sea for a boat Hakken had recently bought. The truck Hakken, his wife and the boys had been traveling in was found Thursday, abandoned in Madeira Beach, Florida.

"He'll have to face in Hillsborough county the charges he has with the sheriff's office," spokeswoman Cristal Bermudez Nunez Nunez said. She said she did not know how the family would be returned or what will happen when they arrive on U.S. soil.

Terri Durdaller, a spokeswoman at the Florida Department of Children and Families, said it was not clear where the children will ultimately be placed.

"Louisiana is the ultimate decision maker on where these children will reside. It's likely they will be placed back in Florida with the grandmother," she said.

The family's flight to Cuba harkened back to the 1999 child custody case involving Elian Gonzalez, though unlike Gonzalez, the Hakkens had no apparent ties to the island.

In 1999, 5-year-old Gonzalez was found clinging to an inner tube off Florida after his mother and others drowned while fleeing Cuba toward American soil. The boy was taken to Miami to live with relatives, but his father in Cuba demanded the boy be sent back.

U.S. courts ultimately ruled Gonzalez should be sent back, though his Miami relatives refused to return him. In April 2000, U.S. federal agents raided the family's home and he was returned to Cuba soon after. He has since grown into a young man and joined a military academy.

At the Havana marina on Tuesday, the family showed no sign they knew a decision about their fate had been made. The four strolled by an outdoor restaurant as security officials kept reporters at a distance. The youngest child was seated in a stroller and the elder boy sat down on a curb.

_____

Associated Press writers Christine Armario, Curt Anderson and Kelli Kennedy in Miami; Kevin McGill in New Orleans; and Matthew Lee in Washington contributed to this report.

_____

Paul Haven on Twitter: www.twitter.com/paulhaven

Peter Orsi on Twitter: www.twitter.com/Peter_Orsi

Source: http://news.yahoo.com/cuba-turning-over-florida-couple-children-us-072345527.html

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Louisville beats Michigan 82-76 for NCAA title

Michigan guard Trey Burke (3) walks off the court as confetti falls on Louisville players, including Russ Smith (2), Luke Hancock (11), Stephan Van Treese (44) and Zach Price (25), after the NCAA Final Four tournament college basketball championship game, Monday, April 8, 2013, in Atlanta. Louisville won 82-76. (AP Photo/Atlanta Journal-Constitution, Curtis Compton)

Michigan guard Trey Burke (3) walks off the court as confetti falls on Louisville players, including Russ Smith (2), Luke Hancock (11), Stephan Van Treese (44) and Zach Price (25), after the NCAA Final Four tournament college basketball championship game, Monday, April 8, 2013, in Atlanta. Louisville won 82-76. (AP Photo/Atlanta Journal-Constitution, Curtis Compton)

Louisville forward Chane Behanan (21) reacts after defeating Michigan after the second half of the NCAA Final Four tournament college basketball championship game Monday, April 8, 2013, in Atlanta. Louisville won 82-76. (AP Photo/David J. Phillip)

Louisville guard/forward Luke Hancock (11) reacts to play against the Michigan during the first half of the NCAA Final Four tournament college basketball championship game Monday, April 8, 2013, in Atlanta. (AP Photo/Chris O'Meara)

Louisville head coach Rick Pitino celebrates after the team defeated Michigan 82-76 during the NCAA Final Four tournament college basketball championship game, Monday, April 8, 2013, in Atlanta. (AP Photo/David J. Phillip)

Louisville guard Peyton Siva (3) and Michigan guard Trey Burke (3) work during the second half of the NCAA Final Four tournament college basketball championship game Monday, April 8, 2013, in Atlanta. (AP Photo/David J. Phillip)

ATLANTA (AP) ? What a week for Rick Pitino! He's elected to the Hall of Fame. His horse is headed to the Kentucky Derby. His son gets a prominent head coaching job.

Then he caps it off with what he wanted most.

Another national championship.

For that, he can thank 13 of the grittiest guys he's ever coached.

Luke Hancock produced another huge game off the bench, scoring 22 points, and Pitino became the first coach to win national titles at two schools when Louisville rallied from another 12-point deficit to beat Michigan 82-76 in the NCAA championship game Monday night.

"This team is one of the most together, toughest and hard-nosed teams," the coach said. "Being down never bothers us. They just come back."

More like relentless to the very end.

They're not stopping now, either. The players intend to hold Pitino to a promise he made: If they won a national title, he'd get a tattoo.

Better leave a lot of space, coach, if you want to make this a tribute to the team.

"I have a couple of ideas," said Hancock, who became the first sub in tournament history to be designated as most outstanding player. "He doesn't know what he's getting into."

"Our biggest motivation," Peyton Siva added, "was to get coach a tattoo."

That's about the only thing that didn't exactly turn out in Petino's favor. Earlier Monday, he was introduced as a member of the latest Hall of Fame class. On Saturday, his horse won the Santa Anita Derby to set up a run for the roses. And last week his son got the coaching job at Minnesota.

The Cardinals (35-5) lived up to their billing as the top overall seed in the tournament, though they sure had to work for it.

Louisville trailed Wichita State by a dozen in the second half before rallying for a 72-68 victory. This time, they fell behind by 12 in the first half, then unleashed a stunning spurt led by Hancock that wiped out the entire deficit before the break.

"I had the 13 toughest guys I've ever coached," Pitino said. "I'm just amazed they could accomplish everything we put out there."

No one was tougher than Hancock, who matched his season high after a 20-point effort in the semifinal victory over Wichita State. This time, he came off the bench to hit four straight 3-pointers in the first half after Michigan got a boost from an even more unlikely player.

Freshman Spike Albrecht made four straight from beyond the arc, too, blowing by his career high before the break with 17 points. Coming in, Albrecht was averaging 1.8 points a game and had not scored more than seven all season.

Albrecht didn't do much in the second half, but Hancock finished what he started for Louisville. He made it 5-for-5 when he hit his final 3 from the corner with 3:20 remaining to give the Cardinals their biggest lead, 76-66. Michigan wouldn't go away, but Hancock wrapped it up by making two free throws with 29 seconds left.

While Pitino shrugged off any attempt to make this about him, there was no doubt the Cardinals wanted to win a national title for someone else ? injured guard Kevin Ware.

Watching again from his seat at the end of the Louisville bench, his injured right leg propped up on a chair, Ware smiled and slapped hands with his teammates as they celebrated in the closing seconds, the victory coming just 30 miles from where he played his high school ball.

Ware's gruesome injury during the regional final will forever be linked to this tournament. He landed awkwardly, snapped his leg and was left writhing on the floor with the bone sticking through the skin. On this night, he hobbled gingerly onto the court with the aid of crutches, basking in a sea of confetti and streamers.

Louisville again came out wearing Ware's No. 5 on the back of their warmup jerseys; the front said, "Ri5e to the Occasion." When the title belonged to the Cardinals, Ware put on a championship cap and got a big hug from Pitino. Then, they lowered the basket so the injured player could cut a strand out of the net.

This one belonged to him as much as anyone on the court.

"These are my brothers," Ware said. "They got the job done. I'm so proud of them, so proud of them."

Siva added 18 points for the Cardinals, who closed the season on a 16-game winning streak, and Chane Behanan chipped in with 15 points and 12 rebounds as Louisville slowly but surely closed out the Wolverines (31-8).

Michigan was in the title game for the first time since the Fab Five lost the second of two straight championship games in 1993. Players from that team, including Chris Webber, cheered on the latest group of young stars.

But, like the Fab Five, national player of the year Trey Burke and a squad with three freshman starters came up short in the last game of the season.

"A lot of people didn't expect us to get this far," said Burke, who led the Wolverines with 24 points. "A lot of people didn't expect us to get past the second round. We fought. We fought up to this point, but Louisville was the better team today, and they're deserving of the win."

Louisville has a chance to make it two national titles in 24 hours.

The surprising women's team faces Connecticut on Tuesday night in the championship game at New Orleans.

Good luck matching this breakneck finale. The first half, in particular, might have been the most entertaining 20 minutes of the entire men's tournament.

Burke started out on fire for Michigan, hitting his first three shots and scoring seven points to match his output from the semifinal victory over Syracuse, when he made only 1-of-8 shots.

Albrecht took control when Burke picked up his second foul and had to go to the bench for the rest of the half. The kid whose nickname comes from his first pair of baseball spikes showed he's a pretty good hoops player, knocking down one 3-pointer after another to send the Wolverines to a double-digit lead.

When Albrecht blew by Tim Henderson with a brilliant hesitation move, Michigan led 33-21 and Louisville was forced to call timeout. The freshman was mobbed on the Michigan bench, as if the Wolverines had already won the national title, with one teammate waving a towel in tribute.

"That was honestly, probably back to high school days," Albrecht said, remembering when he's had a similar stretch. "Coach (John) Beilein doesn't play guys with two fouls in the first half, so I knew I was in the rest of the half, and I was fortunately hitting shots. Teammates were finding me. That's about it."

It didn't last. Not against Louisville.

The Cardinals came back one more time.

"We just went into war right there with a great Michigan team," Hancock said. "We needed a rally and we've been doing it for a couple of games straight, being down. We just had to wait and make our run."

Burke, who played only six minutes in the first half because of foul trouble, finished with 24 points and did his best to give Michigan its first championship since 1989. But he couldn't do it alone. Albrecht was held scoreless after the break, and no one else posted more than 12 points for the Wolverines.

Still, it was quite a run for a fourth-seeded team that knocked off No. 1-seeded Kansas with the greatest comeback of the tournament, rallying from 14 points down in the second half to beat the Jayhawks in the round of the 16.

But they came up against the ultimate comeback team in the final.

"I've had a lot of really good teams over the years, and some emotional locker rooms, and that was the most emotional we've ever had," Beilein said. "The team unity we had, the sacrifice we had from five seniors who did not get to play very much, to these young guys buying into the team concept.

"We feel bad about it. There are some things we could have done better and get a win, but at the same time, Louisville is a terrific basketball team. We have not seen that quickness anywhere."

Louisville had already pulled off a stunning rally in the Big East championship game ? down by 16 in the second half, they won by 17 ? and another against Wichita State. They surged back again behind their own ace off the bench.

Hancock matched Albrecht from the 3-point stripe. Then, trapping the youngster and knocking the ball away, he set up a fast break that ended with Siva flipping up a lob that Montrezl Harrell slammed through for a dunk, capping a stunning 16-3 run in less than 4 minutes that gave the Cardinals their first lead of the night, 37-36.

Glenn Robinson III made two free throws with two seconds left to give Michigan a 38-37 lead at halftime.

But everyone knew this game was just getting started.

And when it was done, Pitino, Ware and the Cardinals were celebrating in the middle of the mammoth Georgia Dome, assuring the national title will stay in the bluegrass another year.

Last season, it was Kentucky winning it all, the same team that gave Pitino his first title in 1996.

Now, he's got another one ? right down the road in Louisville.

___

Follow Paul Newberry on Twitter at www.twitter.com/pnewberry1963

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2013-04-09-NCAA%20Championship/id-7572fb62a4944fcf81330ab91c332d77

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Death toll in Egypt's Muslim-Christian clashes at Cairo cathedral rises to 2

CAIRO - A senior Egyptian health ministry official says the death toll in clashes between Muslims and Christians in Cairo has risen to two. Eighty-nine people were injured.

Health Ministry official Khaled el-Khateib said Monday that the identity of the second fatality was not immediately known. The first fatality was Christian.

The clashes took place outside the St. Mark Coptic Orthodox Cathedral in Cairo on Sunday following a funeral service for four Christians killed in sectarian violence the day before. A Muslim was also killed in the violence in Khosoos, a town just north of Cairo.

During the funeral service, mourners chanted against Islamist President Mohammed Morsi, calling on him to step down. Morsi condemned the violence, saying he considered any attack on the cathedral as an attack against him personally.

Source: http://news.yahoo.com/death-toll-egypts-muslim-christian-clashes-cairo-cathedral-100009896.html

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Stocks open mixed on Wall Street ahead of earnings

Trader Luigi Muccitelli, right, works on the floor of the New York Stock Exchange Thursday, April 4, 2013. Stocks are notching small gains in early trading after the U.S. government reported that the number of people applying for unemployment benefits rose to the highest level since late November. (AP Photo/Richard Drew)

Trader Luigi Muccitelli, right, works on the floor of the New York Stock Exchange Thursday, April 4, 2013. Stocks are notching small gains in early trading after the U.S. government reported that the number of people applying for unemployment benefits rose to the highest level since late November. (AP Photo/Richard Drew)

NEW YORK (AP) ? Stocks are mixed in early trading on Wall Street as traders gear up for the beginning of corporate earnings reports.

The Dow Jones industrial average was off 23 points, or 0.2 percent, at 14,541 shortly after the opening bell Monday.

The Standard & Poor's 500 index was down less than a point, or 0.04 percent, at 1,552. The Nasdaq composite rose five points, or 0.1 percent, to 3,208.

Investors are turning their attention to U.S. corporate earnings results following a dismal report on employment on Friday.

Aluminum maker Alcoa becomes the first company in the Dow Jones industrial average to report its results later Monday, after the close of trading.

European markets were slightly higher.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-04-08-US-Wall-Street-Open/id-7d2e03d042944d17911e4f3b058969e1

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