License number leads cops to salon robbery suspect









The Evanston man charged with robbing nearly a dozen hair salons in Chicago, Skokie, Morton Grove, Broadview and Niles was apprehended seven hours after the last reported robbery, when a witness provided a partial license plate to authorities, police said today.

Jason Logsdon, 41, of the 900 block of Chicago Avenue in Evanston, is charged with 11 counts of felony armed robbery, according to the Cook County state's attorney's office.

“Everyone had a common goal, to get an offender off the street that was terrorizing small business owners,” said Tom Byrne, chief of detectives for the Chicago Police Department, during the news conference in Skokie.

Logsdon was taken into custody Monday in Skokie, hours after a robbery on the North Side, authorities said. He is suspected of robbing hair salons that include one in Broadview; five in Chicago; one in Morton Grove; two in Niles; and two in Skokie, authorities said.

Skokie police found that they had stopped Logsdon for two minor traffic violations within the past year, before the string of robberies occurred.

The DuPage County State’s Attorney’s office is pursuing additional charges against Logsdon in connection for two robberies in Lombard, one in Glen Ellyn and one in Bensenville, officials said.

The Cook County charges were filed after witnesses viewed line-ups at the Skokie police station, authorities said. Officials declined to discuss the type of weapon used, but said that his motive at least initially was financial.

A pattern of robberies began emerging in late December, said Brian Baker, Skokie’s commander in charge of the investigative division.


The person who owned the car that Logsdon was driving had “no knowledge that these (robberies) were occurring,” Baker said.


Baker said that Logsdon was taken from the courthouse to a hospital but he did not know why.

Logsdon was arrested after a salon in the Wicker Park neighborhood was hit. A man stole about $250 in cash from a Great Clips salon in the 1200 block of a well-trafficked North Ashland Avenue around 10:45 a.m. Monday, police said.

The man took out a handgun before presenting a dark bag to three salon workers, which one of them filled with money, Chicago Police News Affairs Officer Daniel O'Brien said. Wearing a red and gray jacket, blue jeans and a hat and scarf, the man walked north on Ashland and hopped in a gray colored sedan, which left driving southbound, police said.

No one was injured, police said.

A witness from that robbery provided a license plate number that was one digit off, Baker said. Chicago police ran variations on the number until they found a vehicle with a similar make and model as reported by the witness. The person who owned the car that Logsdon was driving had “no knowledge that these (robberies) were occurring,” Baker said.

Last Tuesday, a man robbed a Great Clips salon in the 1000 block of West Webster Avenue in the Sheffield Neighbors neighborhood, according to police. The man was given cash and fled the store, police said. Police think the same man may have held up salons in the 1200 block of North Clybourn Avenue on Jan. 21 and salons in the 1200 and 1300 blocks of West Fullerton Avenue in December.

Other police agencies have warned that the same man may be responsible for robberies in Niles, Skokie, Morton Grove, Bensenville, Lombard, and Glen Ellyn.





chicagobreaking@tribune.com


Twitter: @ChicagoBreaking





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Tunisia protests after government critic shot dead


TUNIS (Reuters) - A fierce critic of the Tunisian government's dealings with radical Islamists was shot dead on Wednesday, sending protesters onto the streets two years after their Jasmine Revolution sparked revolt across the Arab world.


The headquarters of the moderate Islamist Ennahda party, which rules in a fractious coalition with secularists, was set ablaze after Chokri Belaid, an outspoken, secular leader, was gunned down outside his home in the capital.


His party and others in the opposition parties said they would quit the assembly that is writing a new constitution and called a general strike for Thursday when Belaid will be buried.


Prime Minister Hamadi Jebali, who said the identity of the attacker was not known, condemned his killing as a political assassination and a strike against the "Arab Spring" revolution. Ennahda denied any involvement.


As Belaid's body was taken by ambulance through Tunis from the hospital where he died, police fired teargas towards about 20,000 protesters at the Interior Ministry chanting for the fall of the government.


"This is a black day in the history of modern Tunisia ... Today we say to the Islamists, 'get out' ... enough is enough," said Souad, a 40-year-old teacher outside the ministry.


"Tunisia will sink in the blood if you stay in power."


Despite calls for calm from the president, who is not an Islamist, thousands also demonstrated in cities including Mahdia, Sousse, Monastir and Sidi Bouzid, the cradle of the revolution, where police fired teargas and warning shots at protesters who set cars and a police station on fire.


While Belaid's nine-party Popular Front bloc has only three seats in the constituent assembly, the opposition jointly agreed to pull its 90 or so members out of the body, which is acting as parliament and writing the new post-revolution charter. Ennahda and its fellow ruling parties have some 120 seats.


The small North African state was the first Arab country to oust its leader and hold free elections as uprisings spread around the region in 2011, leading to the ousting of the rulers of Egypt, Yemen and Libya and to the civil war in Syria.


But as in Egypt, many who campaigned for freedom from repression under autocratic rulers and better prospects for their future now feel their revolutions have been hijacked by Islamists they accuse of clamping down on personal liberties, with no sign of new jobs or improvements in infrastructure.


Tunisia's new constitution will pave the way for new elections but will inevitably be a source of friction between secularists and Islamists, just as it was in Egypt, where the president adopted sweeping powers to force it through.


The ruling parties have agreed to hold the vote in June, but that date still needs approval by the assembly.


HARDSHIP


Since the uprising, the government has faced a string of protests over economic hardship and Tunisia's future path, with many complaining hardline Salafists were taking over the revolution in the former French colony once dominated by a secular elite under the autocratic rule of Zine al-Abidine Ben Ali.


Last year, Salafist groups prevented several concerts and plays from taking place in Tunisian cities, saying they violated Islamic principles. That worries the secular-minded among the 11 million Tunisians, who fear freedom of expression is in danger.


Salafists also ransacked the U.S. embassy in Tunis in September, during international protests over an Internet video mocking Islam.


The embassy issued a statement on Wednesday condemning Belaid's killing: "There is no justification for this heinous and cowardly act," it said. "Political violence has no place in the democratic transition in Tunisia."


The United States urged the Tunisian government to bring his killers to book.


Declining trade with the crisis-hit euro zone has left Tunisians struggling to achieve the better living standards many had hoped for following Ben Ali's departure. Any further signs of unrest could scare off tourists vital to an industry only just recovering from the revolution.


"More than 4,000 are protesting now, burning tires and throwing stones at the police," Mehdi Horchani, a Sidi Bouzid resident, told Reuters. "There is great anger."


Jobless graduate Mohamed Bouazizi set himself on fire in December 2010 in the city, 300 km (180 miles) southwest of Tunis, after police confiscated his unlicensed fruit cart, triggering the "Jasmine Revolution" that forced Ben Ali to flee to Saudi Arabia less than a month later, on January 14, 2011.


President Moncef Marzouki, who last month warned the tension between secularists and Islamists might lead to "civil war", canceled a visit to Egypt scheduled for Thursday and cut short a trip to France, where he addressed the European Parliament.


"There are political forces inside Tunisia that don't want this transition to succeed," Marzouki told journalists in Strasbourg.


"When one has a revolution, the counter revolution immediately sets in because those who lose power - it's not only Ben Ali and his family - are the hundreds of thousands of people with many interests who see themselves threatened by this revolution," he added.


Belaid, who died in hospital, said earlier this week that dozens of people close to the government had attacked a Popular Front group meeting in Kef, northern Tunisia, on Sunday.


A lawyer and human rights activist, the 48-year-old had been a constant critic of the government, accusing it of being a puppet of the rulers in the small but wealthy Gulf state of Qatar, which Tunisia denies.


"Chokri Belaid was killed today by four bullets to the head and chest," Ziad Lakhader, a Popular Front leader, told Reuters.


The Interior Ministry said he had been gunned down by a man who fled on a motorcycle with an accomplice.


DENIES INVOLVEMENT


Prime Minister Jebali, a member of Ennahda, said the killers wanted to "silence his voice".


"The murder of Belaid is a political assassination and the assassination of the Tunisian revolution," he said.


Ennahda leader Rached Ghannouchi denied any involvement by his party in the killing. "Is it possible that the ruling party could carry out this assassination when it would disrupt investment and tourism?" Ghannouchi told Reuters.


He blamed those seeking to derail Tunisia's democratic transition: "Tunisia today is in the biggest political stalemate since the revolution. We should be quiet and not fall into a spiral of violence. We need unity more than ever," he said.


He accused secular opponents of stirring up sentiment against his party following Belaid's death. "The result is burning and attacking the headquarters of our party in many areas," he said.


Witnesses said crowds had also attacked Ennahda offices in Sousse, Monastir, Mahdia and Sfax.


French President Francois Hollande said he was concerned by the rise of violence in Paris's former dominion, where the government says al Qaeda-linked militants linked to those in neighboring countries have been accumulating weapons with the aim of creating an Islamic state.


"This murder deprives Tunisia of one of its most courageous and free voices," Hollande's office said in a statement.


Riccardo Fabiani, Eurasia analyst on Tunisia, described it as a "major failure for Tunisian politics".


"The question is now what is Ennahda going to do and what are its allies going to do?" he said. "They could be forced to withdraw from the government which would lead to a major crisis in the transition."


Marzouki warned last month that the conflict between Islamists and secularists could lead to civil war and called for a national dialogue that included all political groupings.


Ennahda won 42 percent of seats in a parliamentary election in 2011 and formed a government in coalition with two secular parties, the Congress for the Republic, to which President Marzouki belongs, and Ettakatol.


Marzouki's party threatened on Sunday to withdraw from the government unless it dropped two Islamist ministers.


(Additional reporting by John Irish in Paris; Writing by Alison Williams; Editing by Alastair Macdonald)



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S&P 500 gains more than 1 percent


NEW YORK (Reuters) - The S&P 500 rose more than 1 percent on Tuesday as stronger-than-expected earnings helped the outlook for profit growth while the Nasdaq also traded more than 1 percent higher.


The Dow Jones industrial average <.dji> was up 121.55 points, or 0.88 percent, at 14,001.63. The Standard & Poor's 500 Index <.spx> was up 16.25 points, or 1.09 percent, at 1,511.96. The Nasdaq Composite Index <.ixic> was up 38.08 points, or 1.22 percent, at 3,169.25.


(Reporting By Caroline Valetkevitch; Editing by Chizu Nomiyama)



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Vonn tears ligaments in right knee, out for season


SCHLADMING, Austria (AP) — The U.S. Ski Team says Lindsey Vonn has torn ligaments in her right knee and broken a bone in a crash Tuesday at the world championships.


The team says Vonn will have surgery and will miss the rest of this season but is expected to return for the 2014 Sochi Olympics.


The team says Vonn tore her anterior and medial cruciate ligaments in her right knee and fractured a bone in her lower leg.


Vonn lost balance on her right leg while landing a jump, flipped in the air and landed on her backside as she smashed through a gate before coming to a halt.


The four-time overall World Cup winner and 2010 Olympic downhill champion received medical treatment on the slope for 12 minutes before being taken by helicopter to a hospital in Schladming.


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Richard III 'still the criminal king'



















Richard III on stage and screen


Richard III on stage and screen


Richard III on stage and screen


Richard III on stage and screen


Richard III on stage and screen


Richard III on stage and screen


Richard III on stage and screen


Richard III on stage and screen


Richard III on stage and screen


Richard III on stage and screen


Richard III on stage and screen


Richard III on stage and screen





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STORY HIGHLIGHTS


  • Dan Jones: Richard III's remains found; some see chance to redeem his bad reputation

  • Jones says the bones reveal and confirm his appearance, how he died and his injuries

  • Nothing changes his rep as a usurper of the Crown who likely had nephews killed, Jones says

  • Jones: Richard good or bad? Truth likely somewhere in between




Editor's note: Dan Jones is a historian and newspaper columnist based in London. His new book, "The Plantagenets" (Viking) is published in the US this Spring. Follow him on Twitter.


(CNN) -- Richard III is the king we British just can't seem to make our minds up about.


The monarch who reigned from 1483 to 1485 became, a century later, the blackest villain of Shakespeare's history plays. The three most commonly known facts of his life are that he stole the Crown, murdered his nephews and died wailing for a horse at the Battle of Bosworth in 1485. His death ushered in the Tudor dynasty, so Richard often suffers the dual ignominy of being named the last "medieval" king of England -- in which medieval is not held to be a good thing.


Like any black legend, much of it is slander.


Richard did indeed usurp the Crown and lose at Bosworth. He probably had his nephews killed too -- it is unknowable but overwhelmingly likely. Yet as his many supporters have been busy telling us since it was announced Monday that Richard's lost skeleton was found in a car park in Leicester, he wasn't all bad. In fact, he was for most of his life loyal and conscientious.



Dan Jones

Dan Jones



To fill you in, a news conference held at the University of Leicester Monday confirmed what archaeologists working there have suspected for months: that a skeleton removed from under a parking lot in the city center last fall was indeed the long-lost remains of Richard III.


News: Richard III: Is this the face that launched 1,000 myths?


His official burial place -- under the floor of a church belonging to the monastic order of the Greyfriars -- had been lost during the dissolution of the monasteries that was carried out in the 1530s under Henry VIII. A legend grew up that the bones had been thrown in a river. Today, we know they were not.


What do the bones tell us?


Well, they show that Richard -- identified by mitochondrial DNA tests against a Canadian descendant of his sister, Anne of York -- was about 5-foot-8, suffered curvature of the spine and had delicate limbs. He had been buried roughly and unceremoniously in a shallow grave too small for him, beneath the choir of the church.


He had died from a slicing blow to the back of the head sustained during battle and had suffered many other "humiliation injuries" after his death, including having a knife or dagger plunged into his hind parts. His hands may have been tied at his burial.


Opinion: What will the finding of Richard III mean?



In other words, we have quite a lot of either new or confirmed biographical information about Richard.


He was not a hunchback, but he was spindly and warped. He died unhorsed. He was buried where it was said he was buried. He very likely was, as one source had said, carried roughly across a horse's back from the battlefield where he died to Leicester, stripped naked and abused all the way.


All this is known today thanks to a superb piece of historical teamwork.


The interdisciplinary team at Leicester that worked toward Monday's revelations deserves huge plaudits. From the desk-based research that pinpointed the spot to dig, to the digging itself, to the bone analysis, the DNA work and the genealogy that identified Richard's descendants, all of it is worthy of the highest praise. Hat-tips, too, to the Richard III Society, as well as Leicester's City Council, which pulled together to make the project happen and also to publicize the society and city so effectively.


However, should anyone today tell you that Richard's skeleton somehow vindicates his historical reputation, you may tell them they are talking horsefeathers.


News: Back from the grave, King Richard III gets rehab






Richard III got a rep for a reason. He usurped the Crown from a 12-year old boy, who later died.


This was his great crime, and there is no point denying it. It is true that before this crime, Richard was a conspicuously loyal lieutenant to the boy's father, his own brother, King Edward IV. It is also true that once he was king, Richard made a great effort to promote justice to the poor and needy, stabilize royal finances and contain public disorder.


But this does not mitigate that he stole the Crown, justifying it after the fact with the claim that his nephews were illegitimate. Likewise, it remains indisputably true that his usurpation threw English politics, painstakingly restored to some order in the 12 years before his crime, into a turmoil from which it did not fully recover for another two decades.


So the discovery of Richard's bones is exciting. But it does not tell us anything to justify changing the current historical view of Richard: that the Tudor historians and propagandists, culminating with Shakespeare, may have exaggerated his physical deformities and the horrors of Richard's character, but he remains a criminal king whose actions wrought havoc on his realm.


Unfortunately, we don't all want to hear that. Richard remains the only king with a society devoted to rehabilitating his name, and it is a trait of some "Ricardians" to refuse to acknowledge any criticism of their hero whatever. So despite today's discovery, we Brits are likely to remain split on Richard down the old lines: murdering, crook-backed, dissembling Shakespearean monster versus misunderstood, loyal, enlightened, slandered hero. Which is the truth?


Somewhere in between. That's a classic historian's answer, isn't it? But it's also the truth.


Follow us on Twitter @CNNOpinion.


Join us on Facebook/CNNOpinion.


The opinions expressed in this commentary are solely those of Dan Jones.






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Northwestern-Cubs deal: 5 Wrigley football games













NU-Cubs deal


NU athletic director Jim Phillips talks about a new partnership Tuesday with the Cubs at Wrigley Field.
(Abel Uribe/Tribune Photo / February 5, 2013)


























































The partnership between the Chicago Cubs and Northwestern was so logical, so low-stress, that Cubs exec Crane Kenney said it was completed “with a handshake and a thank-you.”
 
And yet the deal is the first of its kind, a union between a school and professional franchise that will benefit multiple NU teams while enriching the Cubs and its employees who seek graduate-level education.
 
While executives on both sides imagine the marketing and signage possibilities, Chicago-area football fans who enjoyed the 2010 Wrigley Field football game will get to witness five more, starting in 2014.
 
Those dates are all to be determined, given that Big Ten schedules need to be reworked because of the additions of Rutgers and Maryland. They could be played every year from 2014-2018 or it could be five games played over 7-8 seasons.
 
But NU fans won’t have to wait that long to see some purple at Wrigley Field. The Wildcats baseball team will host Michigan on the North Side on April 20.
 
NU baseball coach Paul Stevens said that after he told his players, “they were just elated. The energy, the attitude and the enthusiasm have never been like that in any single practice.”
 
Kelly Amonte Hiller will bring her women’s lacrosse team – winners of seven NCAA championships over the last eight seasons – to Wrigley for a 2014 spring game against Notre Dame.
 
Football games, though, will get the most attention.
 
“It’s really a cool deal,” coach Pat Fitzgerald said. “Once we got off the bus (in 2010) and came out of left field, it was ridiculous … I don’t think anyone has ever had a bad day at Wrigley Field.”
 
NU Athletic Director Jim Phillips called it “a marriage of brands … in the greatest sports city in the country.”
 
Phillips is tight with Cubs brass, including owner Tom Ricketts and Kenney.
 
But this was a complicated deal that took months to iron out.
 
“We do have something more,” Phillips said, “than a handshake.”
 
tgreenstein@tribune.com

Twitter @TeddyGreenstein







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Iran's Ahmadinejad kissed and scolded in Egypt


CAIRO (Reuters) - Mahmoud Ahmadinejad was both kissed and scolded on Tuesday when he began the first visit to Egypt by an Iranian president since Tehran's 1979 Islamic revolution.


The trip was meant to underline a thaw in relations since Egyptians elected an Islamist head of state, President Mohamed Mursi, last June. But it also highlighted deep theological and geopolitical differences.


Mursi, a member of the Sunni Muslim Brotherhood, kissed Ahmadinejad after he landed at Cairo airport and gave him a red carpet reception with military honors. Ahmadinejad beamed as he shook hands with waiting dignitaries.


But the Shi'ite Iranian leader received a stiff rebuke when he met Egypt's leading Sunni Muslim scholar later at Cairo's historic al-Azhar mosque and university.


Sheikh Ahmed al-Tayeb, head of the 1,000-year-old seat of religious learning, urged Iran to refrain from interfering in Gulf Arab states, to recognize Bahrain as a "sisterly Arab nation" and rejected the extension of Shi'ite Muslim influence in Sunni countries, a statement from al-Azhar said.


Visiting Cairo to attend an Islamic summit that begins on Wednesday, Ahmadinejad told a news conference he hoped his trip would be "a new starting point in relations between us".


However, a senior cleric from the Egyptian seminary, Hassan al-Shafai, who appeared alongside him, said the meeting had degenerated into an exchange of theological differences.


"There ensued some misunderstandings on certain issues that could have an effect on the cultural, political and social climate of both countries," Shafai said.


"The issues were such that the grand sheikh saw that the meeting ... did not serve the desired purpose."


The visit would have been unthinkable during the rule of Hosni Mubarak, the military-backed autocrat who preserved Egypt's peace treaty with Israel during his 30 years in power and deepened ties between Cairo and the West.


"The political geography of the region will change if Iran and Egypt take a unified position on the Palestinian question," Ahmadinejad said in an interview with Al Mayadeen, a Beirut-based TV station, on the eve of his trip.


He said he wanted to visit the Gaza Strip, the Palestinian territory which neighbors Egypt to the east and is run by the Islamist movement Hamas. "If they allow it, I would go to Gaza to visit the people," Ahmadinejad said.


Analysts doubt that the historic changes that brought Mursi to power will result in a full restoration of diplomatic ties between states whose relations were broken off after the conclusion of Egypt's peace treaty with Israel in 1979.


OBSTACLES TO FULL TIES


At the airport the two leaders discussed ways of improving relations and resolving the Syrian crisis "without resorting to military intervention", Egyptian state media reported.


Egypt is concerned by Iran's support for Syrian President Bashar al-Assad, who is trying to crush an uprising inspired by the revolt that swept Mubarak from power two years ago. Egypt's overwhelmingly Sunni Muslim population is broadly supportive of the uprising against Assad's Alawite-led administration.


Egyptian Foreign Minister Mohamed Kamel Amr sought to reassure Gulf Arab allies - that are supporting Cairo's battered state finances and are deeply suspicious of Iran - that Egypt would not jeopardize their security.


"The security of the Gulf states is the security of Egypt," he said in remarks reported by the official MENA news agency.


Mursi wants to preserve ties with the United States, the source of $1.3 billion in aid each year to the influential Egyptian military.


"The restoration of full relations with Iran in this period is difficult, despite the warmth in ties ... because of many problems including the Syrian crisis and Cairo's links with the Gulf states, Israel and the United States," said one former Egyptian diplomat.


Iranian Foreign Minister Ali Akbar Salehi said he was optimistic that ties could grow closer.


"We are gradually improving. We have to be a little bit patient. I'm very hopeful about the expansion of the bilateral relationship," he told Reuters. Asked where he saw room for closer ties, he said: "Trade and economics."


Egypt and Iran have taken opposite courses since the late 1970s. Egypt, under Mubarak's predecessor Anwar Sadat, concluded a peace treaty with Israel in 1979 and became a close ally of the United States and Europe. Iran from 1979 turned into a center of opposition to Western influence in the Middle East.


Symbolically, Iran named a street in Tehran after the Islamist who led the 1981 assassination of Sadat.


Egypt gave asylum and a state funeral to Iran's exiled Shah Reza Pahlavi, who was overthrown in the 1979 Iranian revolution. He is buried in a mosque beside Cairo's mediaeval Citadel alongside his ex-brother-in-law, Egypt's last king, Farouk.


(Additional reporting by Ayman Samir, Marwa Awad and Alexander Diadosz; Writing by Paul Taylor and Tom Perry; Editing by Andrew Roche and Robin Pomeroy)



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Wall Street retreats from five-year high

NEW YORK (Reuters) - Stocks fell on Monday after a disappointing report on factory orders, retreating from gains in the prior session that left the S&P 500 at a five-year high and the Dow above 14,000.


Investors also grew wary on political uncertainty in the euro zone, leading to a sharp rise in Spanish government bond yields.


Chevron and Wal-Mart were among the biggest drags on the Dow after analyst downgrades.


"S&P technicals are at overbought levels, and risk-off harbingers, such as Spanish 10-year yields, which are much more difficult for central bankers to tame, have bounced off recent lows," said Peter Cecchini, managing director at New York-based Cantor Fitzgerald & Co.


Spanish and Italian bond yields rose, renewing worries about the euro zone's sovereign debt crisis. Spain's prime minister faced calls to resign over a corruption scandal, while a probe of alleged misconduct involving an Italian bank was expected to widen three weeks before a national election.


The benchmark S&P 500 rose on Friday, leaving it roughly 60 points away from its all-time intraday high of 1,576.09, while the Dow's march above 14,000 was the highest for the index since October 2007.


The S&P index <.spx> is up 5.5 percent for the year, with nearly half of the gains coming after U.S. legislators temporarily sidestepped the "fiscal cliff" of automatic tax increases and spending cuts.


Data from the Commerce Department showed overall factory orders rose 1.8 percent in December, below economists' expectations. The report said capital goods orders outside of the defense and aircraft industries, edged 0.3 percent lower. The category is seen as a gauge of U.S. business investment plans.


Economic data has pointed to a modest U.S. recovery, but the data have not been strong enough to upset investor expectations the Federal Reserve will continue its stimulus policy that has buoyed stocks.


The Dow Jones industrial average <.dji> was down 117.19 points, or 0.84 percent, at 13,892.60. The Standard & Poor's 500 Index <.spx> was down 13.72 points, or 0.91 percent, at 1,499.45. The Nasdaq Composite Index <.ixic> was down 37.77 points, or 1.19 percent, at 3,141.33.


The CBOE Volatility index VIX <.vix>, Wall Street's so-called fear gauge, jumped more than 10 percent to 14.48 by afternoon trade.


Chevron Corp dipped 1 percent to $115.34 after UBS cut its rating to neutral, while Wal-Mart Stores Inc shed 1.5 percent to $69.46 after JP Morgan lowered its rating on the world's largest retailer and reduced its price target.


Oracle Corp lost 2.6 percent to $35.28 after the company agreed to buy network gear maker Acme Packet Inc for about $1.9 billion. Acme Packet shares surged 22 percent to $29.20.


Shares of household products company Clorox rose 1.3 percent to $80.23 after quarterly profit beat analysts' estimates as a severe flu season boosted sales of disinfecting wipes.


Earnings are due from Anadarko Petroleum Corp and Yum! Brands Inc , owner of fast-food chains, after the closing bell.


According to Thomson Reuters data, of the 256 companies in the S&P 500 that have reported earnings through Monday morning, 68.4 percent have reported earnings above analyst expectations compared with the 62 percent average since 1994 and the 65 percent average over the past four quarters.


S&P 500 fourth-quarter earnings are expected to rise 4.4 percent, according to the data. That estimate is above the 1.9 percent forecast at the start of earnings season, but well below the 9.9 percent fourth-quarter earnings forecast on October 1.


Herbalife Ltd slumped 3 percent to $34.03 after the New York Post newspaper reported the seller of weight loss products is facing a probe by the Federal Trade Commission.


(Reporting By Angela Moon; Editing by Kenneth Barry and Nick Zieminski)



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Indiana moves back into No. 1 in AP poll


For the fifth straight week there is a new No. 1 in The Associated Press' college basketball poll. This time it's Indiana.


The Hoosiers, the preseason No. 1 who held the top spot for the first five weeks of the regular season, moved up two spots Monday, following their weekend win over No. 1 Michigan and No. 2 Kansas' loss to Oklahoma State.


Duke started the current streak of new No. 1s and was followed by Louisville, Duke again, Michigan and Indiana. The last time there were five straight new No. 1s was the last five polls of 2008-09 when it was Connecticut, Pittsburgh, Connecticut again, North Carolina and Louisville.


The Hoosiers received 58 first-place votes from the 65-member national media panel while Florida, which jumped two spots to second, got the other seven.


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Hot, dry weather returns to threaten Ivory Coast cocoa






ABIDJAN (Reuters) – Dry, hot weather returned to top grower Ivory Coast‘s main cocoa regions last week, raising concerns over output and bean quality as the October to March main crop harvest wound down, farmers and analysts said on Monday.


Aside from a spate of showers in late January, there has been no measurable rainfall across most of the West African nation’s cocoa belt since the onset of the dry season in mid-December.






Dusty seasonal Harmattan winds have also dried the soil in some growing regions and hindered the development of new cocoa pods.


Bean shipments to Ivory Coast’s ports tapered off in January with volumes unlikely to recover until mid-crop harvesting picks up in April.


Farmers reported no rainfall in the western region of Bouafle last week.


“It’s very hot and it isn’t raining. There are many cherelles (small pods) and flowers that are drying due to a lack of water,” said farmer Denis Alla.


“We need a good shower this week, otherwise there will be big losses,” he said.


In the southern region of Divo, farmers said the harsh conditions were particularly damaging to recently planted sapplings.


“Lots of new trees we’ve planted are now drying because of intense heat and a lack of water,” said Amadou Diallo, who farms near Divo.


“There is a bit of cocoa on the trees. But if this dry weather continues, there will be very little cocoa in the coming two months,” he said.


Similar growing conditions were reported in the eastern region of Abengourou and the western region of Daloa, which is responsible for about a quarter of the country’s cocoa output.


“It is too hot and there is no water… The beans are starting to be of bad quality due to the lack of rain,” said farmer Marcel Aka.


“The volumes coming out of the bush have fallen off dramatically. If it doesn’t rain now, the start of the mid-crop will be timid,” he said.


In the western region of Soubre, in the heart of the Ivorian cocoa belt, an analyst reported no rainfall during the week. But farmers said they remained optimistic there would be a smooth transition to the mid-crop harvest.


“Things are going well on the plantations. There won’t be an interruption (in output). We’ll have small quantities of cocoa until the mid-crop,” said farmer Salam Kone.


“What we want is a bit of rain to improve the quality of the beans that will go out towards the end of this month and the beginning of next month,” he said.


Weather News Headlines – Yahoo! News





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