Afghan peace efforts show flickers of life


WASHINGTON/ISLAMABAD (Reuters) - President Barack Obama and Afghan President Hamid Karzai will discuss matters of war, including future U.S. troop levels and Afghanistan's army, when they meet on Friday, but matters of peace may be the most delicate item on their long agenda.


After nearly 10 months in limbo, tentative reconciliation efforts involving Taliban insurgents, the Karzai government and other major Afghan factions have shown new signs of life, resurrecting tantalizing hopes for a negotiated end to decades of war.


Pakistan, which U.S. and Afghan officials have long accused of backing the insurgents and meddling in Afghanistan, has recently signaled an apparent policy shift toward promoting its neighbor's stability as most U.S. combat troops prepare to depart, top Pakistani and Afghan officials said.


In another potentially significant development, Taliban representatives met outside Paris last month with members of the Afghan High Peace Council - although not directly with members of the Karzai government, which they have long shunned.


U.S. officials, speaking on condition of anonymity, said the developments are promising - but that major challenges remain to opening negotiations, let alone reaching an agreement on the war-ravaged country's political future.


Hopes for Afghan peace talks have been raised before, only to be dashed. Last March, the Taliban suspended months of quiet discussions with Washington aimed at getting the insurgents and the Karzai government to the peace table.


Obama is expected to press the Afghan president to bless the formal opening of a Taliban political office in the Gulf state of Qatar as a way to jump-start inter-Afghan talks.


Karzai has been lukewarm to the idea, apparently fearing his government would be sidelined in any negotiations.


TRIP AT A TURNING POINT


Karzai's meeting with Obama, at the end of a three-day visit to Washington, is shaping up to be one of the most critical encounters between the two leaders, as the White House weighs how rapidly to remove most of the roughly 66,000 U.S. troops in Afghanistan and how large a residual force to leave after 2014.


Obama, about to begin his second term in office, appears determined to wrap up U.S. military engagement in Afghanistan. On Monday, he announced as his nominee for Pentagon chief former Nebraska Senator Chuck Hagel, who appears likely to favor a sizeable U.S. troop drawdown.


Other issues on the agenda have plenty of potential for causing friction: the future size and focus of the Afghan military; a festering dispute over control of the country's largest detention center; and the future of international aid after 2014.


Karzai's trip "is one of the most important ones because the discussions we are going to have with our counterparts will define the relations between (the) United States and Afghanistan," Afghan Foreign Minister Zalmay Rassoul told the lower house of parliament this month.


No final announcement on post-2014 U.S. troop levels is expected during Karzai's visit, and the issue is further complicated by Washington's insistence on legal immunity for American troops that remain.


General John Allen, the top U.S. and NATO commander in Afghanistan, recommended keeping between roughly 6,000 and 15,000 U.S. troops in Afghanistan after 2014, but the White House is considering possibly leaving as few as 3,000 troops.


A U.S. official, speaking on condition of anonymity, said the White House had asked for options to be developed for keeping between 3,000 and 9,000 troops in the country.


PAST PEACE HOPES DASHED


Last year, the Obama administration hoped to kick-start peace talks with a deal that would have seen Washington transfer five Taliban prisoners from Guantanamo Bay prison. In return, the Taliban would renounce international terrorism and state a willingness to enter talks with Karzai's representatives.


That deal never came off, and the question now is whether it, or an alternative peace process, can get under way as the U.S. military presence rapidly winds down.


Looking at developments in the last few months, "you could see that there are things happening," said one U.S. official, who was not authorized to speak for the record.


At the end of 2012, Pakistan released four Afghan Taliban prisoners who were close to the movement's reclusive leader, Mullah Mohammed Omar. It appeared to be a step toward meeting Afghanistan's long-standing insistence that Islamabad free those who could help promote reconciliation. A senior Afghan official welcomed the release.


A member of Pakistan's parliament closely involved in Afghan policy-making said there are signs of a shift in the thinking of Pakistan's powerful military. Some in the military, which has long regarded Afghanistan as a battleground in its existential conflict with rival India, are now saying that the graver threat comes from Pakistan's own militants.


"Yes, there is skepticism. The hawks are there. But the fact is that previously there were absolutely no voices in the army with this kind of positive thinking," the parliamentarian said.


"Pakistan has also realized that there won't be a complete withdrawal of the U.S. from Afghanistan," the lawmaker said. "The security establishment realizes it has to compromise somewhere. Hence the Taliban releases. ... Hence the statements from even the most skeptical Afghan officials that there is a change in Pakistani thinking."


Ghairat Baheer, who represented the Hezb-e-Islami faction at last month's peace talks in the Paris suburb of Chantilly, rejected a continued U.S. military presence in Afghanistan, but praised the Pakistan prisoner release as a sign of its good intentions.


WAITING FOR THE TALIBAN


After more than a year of frustration, Obama administration officials are skeptical about luring the Taliban to peace talks, citing what appears to be a deep fissure within the movement between moderates who favor entering the political process and hard-liners committed to ousting both NATO troops and Karzai.


The Taliban's lead negotiator, Tayeb Agha, whom the Obama administration regards as a reliable interlocutor, offered to resign last month in apparent frustration, the Daily Beast website reported.


Taliban envoys have yet to meet officially with Karzai's government, and the insurgents demand a rewriting of the Afghan constitution.


"I don't think anyone knows where (reconciliation) stands. And I mean that because there are a lot of reconciliation talks and a lot of games that are being played in a lot of places," said Fred Kagan, a military analyst at the conservative American Enterprise Institute.


"The likelihood of getting an acceptable deal that actually secures our interests is vanishingly small," he said. "But the probability that you could get the deal and have it implemented in time to make this drawdown timeline make sense is nonsense."


(Additional reporting by Phil Stewart and David Alexander in Washington, and Hamid Shalizi in Kabul. Editing by Christopher Wilson)



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Global shares, oil fall, but growth prospects limit falls

LONDON (Reuters) - World stocks and oil prices eased on Monday as some investors booked profits after last week's strong rally, but signs of a brightening global economic growth outlook limited the falls.


Data from the United States on Friday showed employers kept up a steady pace of hiring in December and its vast services sector was expanding at a brisk rate, while manufacturing surveys last week pointed to a pick up in China.


This compounded the boost to markets from the last-minute deal to avert a U.S. fiscal crisis reached at the start of the year, at least for the moment.


"Overall, the market's positive trend is still intact," said Lionel Jardin, head of institutional sales at Assya Capital in Paris. "The (stock) market is ripe for a pause, but with so much cash on the sidelines, there are a lot of buyers showing up each time we have a dip."


After touching a 22-month peak last week, the FTSE Eurofirst <.fteu3> index of top European shares was down 0.2 percent at 1,164 points. The UK's FTSE 100 index <.ftse> was down 0.25 percent, Germany's DAX index <.gdaxi> fell 0.4 percent, and France's CAC 40 <.fchi> eased 0.5 percent.


Asia-Pacific shares outside Japan <.miapj0000pus>, which reached their highest levels since August 2011 on Thursday, eased 0.1 percent, while Tokyo's Nikkei share average <.n225> ended down 0.8 percent, just below a 23-month high.


MSCI's broad world equity index <.miwd00000pus> had dipped 0.1 percent but wasn't far from an 18-month peak scaled when investors returned to the market after an immediate U.S. fiscal crisis was averted.


Financial shares outperformed the broader market after global regulators agreed to give banks four more years and greater flexibility to build up cash buffers so they can use some of their reserves to help economies grow.


The STOXX 600 European banking index <.sx7p> was up by 1.5 percent to 172.58 points.


"The move gives the banking sector some breathing space, which would be good for the economy as a whole," said Koen De Leus, senior economist at KBC Group.


U.S. stock index futures point to a weaker open on Wall Street later as buyers take a breather after they pushed the benchmark Standard & Poor's 500 index <.spx> to a five-year high on Friday in the wake of the jobs report. <.n/>


Brent crude oil futures slipped 40 cents to $110.89 per barrel after rising 0.6 percent last week.


ECB LOOMS


Investors were beginning to look to the first policy meetings of the year at the European Central Bank and Bank of England on Thursday, when no rate moves are expected but new euro zone forecasts are due.


Some analysts expect the ECB to point to the prospect of easier rates early this year, a week after the U.S. Federal Reserve indicated it may pursue less accommodative policies in future. The Bank of Japan is also expected to take major steps to stimulate the country's economy later this month as the new government aims to end deflation and recession.


The possibility of less monetary stimulus in 2013 from the Fed and more from the BOJ sent the dollar to a two-and-a-half year peak against the yen last week. However, profit taking saw it pull back on Monday by 0.5 percent to 87.75 yen.


The euro eased 0.2 percent to $1.3040 but was trading above a three-week low of $1.2998 hit on Friday. Analysts said it could stay around these levels until the ECB meeting.


DEBT STEADIES


In the European bond markets, investors scooped up German government bonds after their steep falls last week as expectations changed over the Fed's next move.


Ten-year German cash yields were 2.2 basis points lower on the day at 1.523 percent. Other euro zone bond yields were steady to slightly higher as traders awaited debt auctions by Spain and Italy later in the week.


U.S. Treasury 10-year notes were mostly steady at 1.90 percent after reaching 1.975 percent on Friday in a sell-off fuelled by the expectations of less easy monetary policy this year.


Further moves are likely to be limited due to sales of three-year notes on Tuesday, 10-year notes on Wednesday and 30-year bonds on Thursday.


Gold was off its lows of last week but in line with equities and oil had eased slightly. Spot gold was down 0.15 percent $1,653.50 an ounce though above Friday's $1,625.79, its lowest price since August.


(Additional reporting by Blaise Robinson and Atul Prakash,; editing by David Stamp)



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Here come the big boys


Here come the big boys.


The NFL's wild-card weekend is over, with nary an upset. Moving on are division winners Green Bay, Houston and Baltimore, along with NFC West runner-up Seattle and the only rookie quarterback still standing: Russell Wilson.


Ahead are some daunting challenges as the Ravens visit Denver, the Texans go to New England, the Packers head to San Francisco and the Seahawks journey to Atlanta.


Only the Seahawks-Falcons isn't a rematch.


Seattle isn't intimidated one bit about facing the NFC's top seed.


"Despite the fact that we have a 'nobody' team," Seattle cornerback Richard Sherman said after Sunday's convincing 24-14 comeback win at Washington, "a team not full of first-rounders and things like that, we have a lot of guys that play at a high level."


Of course, so do the Falcons (13-3), Broncos (13-3), Patriots (12-4) and 49ers (11-4-1).


"They have a great coach and a great quarterback and they have great role players on their team," Texans running back Arian Foster said of the Patriots, who routed Houston 42-14 last month. "I have a lot of respect for them, but we can play ball, too."


The Texans beat Cincinnati 19-13 on Saturday, then Green Bay took out Minnesota 24-10. In Sunday's other game, Baltimore eliminated Indianapolis 24-9.


The playoffs continue next Saturday with Baltimore (11-6) at Denver, followed by Green Bay (12-5) at San Francisco. The Broncos beat the Ravens 34-17 three weeks ago, while the 49ers knocked off the Packers 30-22 in the season opener.


On Sunday, it's Seattle (12-5) at Atlanta, followed by Houston (13-4) visiting New England.


___


Ravens at Broncos


Not only is Baltimore thrilled to keep playing and keep star linebacker Ray Lewis' career going, but the Ravens got the opponent they sought for the divisional round.


"I wanted Denver," said Anquan Boldin, who set a franchise record with 145 yards receiving, including the clinching touchdown against Indianapolis (11-6). "Because they beat us. We'll make it different."


Lewis made 13 tackles in his first game back in nearly three months. He ended his last home game in Baltimore before his impending retirement by lining up at fullback for the final kneel-down. Then Lewis went into a short version of his trademark dance before being mobbed by teammates. He followed with a victory lap, his right triceps, covered by a brace, held high in salute to the fans.


Joe Flacco became the first quarterback to win a postseason game in each of his first five seasons and John Harbaugh is the first coach to do so.


"I love our team," Lewis said, "and I'm really looking forward to going out there and playing them next week."


The loss ended the Colts' turnaround season in which they went from 2-14 to the playoffs in coach Chuck Pagano's first year in Indianapolis. Pagano missed 12 weeks while undergoing treatment for leukemia and returned last week.


Andrew Luck completed 28 of 54 passes, the most attempts by a rookie in a playoff game, for 288 yards.


Packers at 49ers


It's been a long time since these teams met on kickoff weekend, and much has changed.


Green Bay has become a bit more balanced on offense and somewhat stingier on defense than it was back in September. San Francisco has second-year quarterback Colin Kaepernick instead of Alex Smith, and receiver Michael Crabtree finally has developed into a threat.


The Packers held league rushing king Adrian Peterson to 99 yards in beating the Vikings (10-7), 100 yards less than he got on them the previous week.


"I don't think we had our identity at that point," QB Aaron Rodgers said of the Packers team San Francisco beat. "We were trying a lot of different things."


Seahawks at Falcons


Atlanta has flopped in its last three playoff games, including losing at home to Green Bay two years ago in a similar scenario.


Seattle won't bring as high-powered an offense as the Packers did to Atlanta, but it's versatile enough with the creative Wilson, bulldozing halfback Marshawn Lynch and a deep group of receivers.


The most significant challenge for the Falcons, though, will be a defense that completely shut down the Redskins and a hobbling Robert Griffin III for the final three quarters of their wild-card game.


Washington (10-7) had 129 yards in the first quarter and 74 for the rest of the game.


"Seventy yards in 3½ quarters is ridiculously good defense," coach Pete Carroll said after his Seahawks won their sixth straight and snapped Washington's seven-game winning streak.


Texans at Patriots


Both teams say the Monday night romp by New England on Dec. 10 is not an indicator of what's ahead. For their sake, the Texans better hope that is true.


"We didn't play our best football up there and we hurt ourselves with penalties and mistakes," said Foster, who rushed for 140 yards and a TD against the Bengals (10-7). "Anytime you give (the Patriots) opportunities, they'll take advantage of them. But we'll play our best up there."


They have no choice, and Patriots coach Bill Belichick fully expects a tighter game.


"When you play a team twice during the season, the games are totally different. They never go the same way," Belichick said. "We'll be able to certainly look at some of the matchups individually, guys that faced each (other) in the game. As far as plays and calls and things like that matching up, I'm sure they'll have some new wrinkles. I'm sure we'll have some, too. It will be totally different."


___


Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL


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California storm bringing round of odd weather






The latest winter storm to move into California brought some odd weather to the region, including thunderstorms in Northern California and snow in the mountains of Southern California, forecasters said.


Thunderstorms were in the forecast Sunday for the San Mateo and Monterey County coasts, with lightning strikes reported early Sunday, the National Weather Service reported Sunday.






Snow was also expected in some of the higher elevations of the Santa Lucia Mountains, a mountain range that runs from Monterey County south to San Luis Obispo.


In Southern California, the storm dropped snow as low as 3,500 feet early Sunday, and winds with gusts topping out at 50 mph were expected in some mountain areas and in the foothills of the San Gabriel Valley. The storm could dump up to four inches of snow before moving out Southern California Monday morning, forecasters said.


Along the beaches, officials were warning about dangerous rip currents and waves as high as 15 feet from Big Sur south to Point Conception in Santa Barbara County.


A high surf advisory was in effect through Monday night for the area.


In the Sierra Nevada, forecasters said snow showers were expected throughout Sunday, with the heaviest snow falling in Mono County, where up to five inches was expected to accumulate.


Near Lake Tahoe, ski resorts in the area were expected see about two inches of new snow, on top of the one or two inches of snow that fell Saturday and early Sunday.


Officials said Sunday that tire chains were required on all vehicles except four-wheel drives on Highway 50 over Echo Summit and on Highway 88 over Carson Pass.


Tire chains or snow tires were also required on a 75-mile section of Highway 395 along the eastern Sierra between Bridgeport and Carson City, Nev.


Weather News Headlines – Yahoo! News





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Depardieu exit causes French storm






STORY HIGHLIGHTS


  • Russian President Vladimir Putin has bestowed Russian citizenship on actor Gérard Depardieu

  • For Depardieu, a public war of words erupted, with many in France disgusted by his move

  • Depardieu more than anyone, represents the Gallic spirit, says Agnes Poirier

  • Majority of French people disapprove of his action but can't help loving him, she adds




Agnes Poirier is a French journalist and political analyst who contributes regularly to newspapers, magazines and TV in the UK, U.S., France, Italy. Follow her on Twitter.


Paris (CNN) -- Since the revelation on the front page of daily newspaper Libération, on December 11, with a particularly vicious editorial talking about France's national treasure as a "former genius actor," Gérard Depardieu's departure to Belgium, where he bought a property just a mile from the French border, has deeply divided and saddened France. Even more so since, as we have learnt this week, Russian President Vladimir Putin has bestowed the actor Russian citizenship.


Back in mid-December, the French media operated along political lines: the left-wing press such as Libération couldn't find strong enough words to describe Depardieu's "desertion" while right-wing publications such as Le Figaro, slightly uneasy at the news, preferred to focus on President François Hollande's punishing taxes which allegedly drove throngs of millionaires to seek tax asylum in more fiscally lenient countries such as Belgium or Britain. Le Figaro stopped short of passing moral judgement though. Others like satirical weekly Charlie hebdo, preferred irony. Its cover featured a cartoon of the rather rotund-looking Depardieu in front of a Belgian flag with the headline: "Can Belgium take the world's entire load of cholesterol?" Ouch.


Quickly though, it became quite clear that Depardieu was not treated in the same way as other famous French tax exiles. French actor Alain Delon is a Swiss resident as is crooner-rocker Johnny Halliday, and many other French stars and sportsmen ensure they reside for under six months in France in order to escape being taxed here on their income and capital. Their move has hardly ever been commented on. And they certainly never had to suffer the same infamy.



Agnes Poirier

Agnes Poirier



For Depardieu, a public war of words erupted. It started with the French Prime Minister Jean-Marc Ayrault, and many members of his government, showing their disdain, and talking of Depardieu's "pathetic move." In response the outraged actor penned an open letter to the French PM in which he threatened to give back his French passport.


The backlash was not over. Fellow thespian Phillipe Torreton fired the first salvo against Depardieu in an open letter published in Libération, insulting both Depardieu's protruding physique and lack of patriotism: "So you're leaving the ship France in the middle of a storm? What did you expect, Gérard? You thought we would approve? You expected a medal, an academy award from the economy ministry? (...)We'll get by without you." French actress Catherine Deneuve felt she had to step in to defend Depardieu. In another open letter published by Libération, she evoked the darkest hours of the French revolution. Before flying to Rome to celebrate the New Year, Depardieu gave an interview to Le Monde in which he seemed to be joking about having asked Putin for Russian citizenship. Except, it wasn't a joke.


In truth, French people have felt touched to their core by Depardieu's gesture. He, more than anyone, represents the Gallic spirit. He has been Cyrano, he has been Danton; he, better than most, on screen and off, stands for what it means to be French: passionate, sensitive, theatrical, and grandiose. Ambiguous too, and weak in front of temptations and pleasures.



In truth, French people have felt touched to their core by Depardieu's gesture. He, more than anyone, represents the Gallic spirit
Hugh Miles



For more than two weeks now, #Depardieu has been trending on French Twitter. Surveys have showed France's dilemma: half the French people understand him but there are as many who think that paying one's taxes is a national duty. In other words, a majority of French people disapprove of his action but can't help loving the man.


Putin's move in granting the actor Russian citizenship has exacerbated things. And first of all, it is a blow to Hollande who, it was revealed, had a phone conversation with Depardieu on New Year's Day. The Elysées Palace refused to communicate on the men's exchange. A friend of the actor declared that Depardieu complained about being so reviled by the press and that he was leaving, no matter what.


If, in their hearts, the French don't quite believe Depardieu might one day settle in Moscow and abandon them, they feel deeply saddened by the whole saga. However, with France's former sex symbol Brigitte Bardot declaring that she too might ask Putin for Russian citizenship to protest against the fate of zoo elephants in Lyon, it looks as if the French may prefer to laugh the whole thing off. Proof of this: the last trend on French Twitter is #IWantRussianCitizenship.


The opinions expressed in this commentary are solely those of Agnes Poirier.






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Police: Good Samaritans foil North Side robbery













Jose Rodriguez, 30.


Jose Rodriguez, 30.
(Chicago Police Department / January 6, 2013)





















































A screwdriver-wielding parolee was tackled by two good Samaritans after he stole a woman's purse in the Lincoln Park neighborhood Saturday night, police said.


About 11:45 p.m., Jose Rodriguez, 30, approached a woman from behind in the 800 block of West Diversey Parkway, the Chicago Police Department said in a news release. 


Rodriguez held an arm around the 29-year-old woman's neck, placed a screwdriver against her torso, and demanded money, police said.





Rodgriguez ran off with the woman's purse shortly after, police said.


A 20-year-old witness took off in pursuit, and when Rodriguez approached a 24-year-old man walking in the opposite direction, the 20-year-old yelled for him to stop the robber, police said.


Together, the men tackled Rodriguez and restrained him until police showed up, police said.


Rodriguez was arrested and charged with armed robbery with a dangerous weapon and a parole violation.


asege@tribune.com


Twitter: @AdamSege






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Turmoil in court as Indian rape accused hear charges


NEW DELHI (Reuters) - Five men accused of the gang rape and murder of an Indian student arrived in court on Monday to hear charges against them, after two of them offered evidence possibly in return for a lighter sentence in a case that has provoked widespread anger.


The five men, along with a teenager, are accused of raping the 23-year-old physiotherapy student when she boarded their bus after going to the cinema in New Delhi on December 16. She died two weeks later in a Singapore hospital.


The attack on the student has ignited protests against the government and anger towards the police for their perceived failure to protect women. It has also provoked a rare national debate about rising violence against women.


Reuters images showed the men stepping out of a blue police van that brought them from Tihar jail, and walking through a metal detector into the South Delhi court, across the street from the cinema where the victim watched a film before boarding the bus with a male friend on December 16.


The accused were taken to a holding cell to await their appearance before a magistrate who will read the charges against them in a procedural step before a trial date is set. The trial is due to be held in a special fast-track court session, set up after the attack on the woman.


The magistrate, Namrita Aggarwal, said the hearing would be closed to the media and the public and ordered that the packed court be cleared for the safety of the accused.


Earlier, an argument broke out in court when a lawyer offered to defend the men. He was shouted down by colleagues who say the accused do not deserve representation, given the brutality of the crime.


Two of the accused, Vinay Sharma and Pawan Gupta, moved an application on Saturday requesting they be made "approvers", or informers, against the other accused, a public prosecutor in the case, Rajiv Mohan, told Reuters.


Sharma and Gupta, along with co-accused Mukesh Kumar, Ram Singh and Akshay Thakur, have already been charged with murder, rape and abduction along with other offences. Prosecutor Mohan told Reuters he was seeking the death sentence given the "heinous" crime.


"The five accused persons deserve not less than the death penalty," he said, echoing public sentiment and calls from the victim's family.


Members of the bar association in Saket district, where the case is being heard, have vowed not to represent the accused.


Police have conducted extensive interrogations and say they have recorded confessions, even though the five have no lawyers.


GROUNDS FOR APPEAL?


On Monday, Supreme Court lawyer Manohar Lal Sharma stood up to offer representation to the men. He was booed by other lawyers in the court, where media and advocates had gathered before the men were due to appear.


"We are living in a modern society. We all are educated. Every accused, including those in brutal offences like this, has the legal right to represent his or her case to defend themselves," Lal Sharma said.


"I'm afraid they won't get justice, that's why I have decided to appear for them in the court," Sharma said, but added it was up for the court to decide.


Last week, chief justice Altamas Kabir inaugurated six fast-track courts to help reduce a backlog of sex crime cases in Delhi.


But some legal experts have warned that previous attempts to fast-track justice in India in some cases led to imperfect convictions that were later challenged.


The men, most of them from a slum neighborhood, will be offered legal aid by the court before the trial can begin.


Legal experts say their lack of representation could give grounds for appeal should they be found guilty. Similar cases have resulted in acquittals years after convictions.


The sixth member of the gang that lured the student and a male friend into the private bus is under 18 and will be tried in a separate juvenile court.


The government is aiming to lower the age teenagers can be tried as an adult, given widespread public anger that the boy will face a maximum three year sentence.


The victim, who died on December 29 of her injuries in hospital in Singapore, where she had been taken for treatment, was identified by a British newspaper on the weekend but Reuters has opted not to name her.


Indian law generally prohibits the identification of victims of sex crimes. The law is intended to protect victims' privacy and keep them from the media glare in a country where the social stigma associated with rape can be devastating.


(Writing by Frank Jack Daniel; Editing by Robert Birsel)



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"Cliff" concerns give way to earnings focus

NEW YORK (Reuters) - Investors' "fiscal cliff" worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week.


Financial results, which begin after the market closes on Tuesday with aluminum company Alcoa , are expected to be only slightly better than the third-quarter's lackluster results. As a warning sign, analyst current estimates are down sharply from what they were in October.


That could set stocks up for more volatility following a week of sharp gains that put the Standard & Poor's 500 index <.spx> on Friday at the highest close since December 31, 2007. The index also registered its biggest weekly percentage gain in more than a year.


Based on a Reuters analysis, Europe ranks among the chief concerns cited by companies that warned on fourth-quarter results. Uncertainty about the region and its weak economic outlook were cited by more than half of the 25 largest S&P 500 companies that issued warnings.


In the most recent earnings conference calls, macroeconomic worries were cited by 10 companies while the U.S. "fiscal cliff" was cited by at least nine as reasons for their earnings warnings.


"The number of things that could go wrong isn't so high, but the magnitude of how wrong they could go is what's worrisome," said Kurt Winters, senior portfolio manager for Whitebox Mutual Funds in Minneapolis.


Negative-to-positive guidance by S&P 500 companies for the fourth quarter was 3.6 to 1, the second worst since the third quarter of 2001, according to Thomson Reuters data.


U.S. lawmakers narrowly averted the "fiscal cliff" by coming to a last-minute agreement on a bill to avoid steep tax hikes this weeks -- driving the rally in stocks -- but the battle over further spending cuts is expected to resume in two months.


Investors also have seen a revival of worries about Europe's sovereign debt problems, with Moody's in November downgrading France's credit rating and debt crises looming for Spain and other countries.


"You have a recession in Europe as a base case. Europe is still the biggest trading partner with a lot of U.S. companies, and it's still a big chunk of global capital spending," said Adam Parker, chief U.S. equity strategist at Morgan Stanley in New York.


Among companies citing worries about Europe was eBay , whose chief financial officer, Bob Swan, spoke of "macro pressures from Europe" in the company's October earnings conference call.


REVENUE WORRIES


One of the biggest worries voiced about earnings has been whether companies will be able to continue to boost profit growth despite relatively weak revenue growth.


S&P 500 revenue fell 0.8 percent in the third quarter for the first decline since the third quarter of 2009, Thomson Reuters data showed. Earnings growth for the quarter was a paltry 0.1 percent after briefly dipping into negative territory.


On top of that, just 40 percent of S&P 500 companies beat revenue expectations in the third quarter, while 64.2 percent beat earnings estimates, the Thomson Reuters data showed.


For the fourth quarter, estimates are slightly better but are well off estimates for the quarter from just a few months earlier. S&P 500 earnings are expected to have risen 2.8 percent while revenue is expected to have gone up 1.9 percent.


Back in October, earnings growth for the fourth quarter was forecast up 9.9 percent.


In spite of the cautious outlooks, some analysts still see a good chance for earnings beats this reporting period.


"The thinking is you need top line growth for earnings to continue to expand, and we've seen the market defy that," said Mike Jackson, founder of Denver-based investment firm T3 Equity Labs.


Based on his analysis, energy, industrials and consumer discretionary are the S&P sectors most likely to beat earnings expectations in the upcoming season, while consumer staples, materials and utilities are the least likely to beat, Jackson said.


Sounding a positive note on Friday, drugmaker Eli Lilly and Co said it expects profit in 2013 to increase by more than Wall Street had been forecasting, primarily due to cost controls and improved productivity.


(Reporting By Caroline Valetkevitch; Editing by Kenneth Barry)



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Packers show off depth in 24-10 win over Vikes


GREEN BAY, Wis. (AP) — Deep on offense and scary-good on defense, the Green Bay Packers were way too much for the Minnesota Vikings.


Maybe everyone else in the NFC, too.


Aaron Rodgers, Charles Woodson and the Packers reminded everyone of how dangerous they can be when they're at full strength Saturday night, overwhelming the Vikings 24-10 in an NFC wild-card game that was never really close.


"Our defense played great," Rodgers said. "Our defense tonight played at a championship level and that's what you need in the playoffs."


John Kuhn scored two touchdowns, DuJuan Harris added another and Rodgers connected with an NFL playoff-record 10 receivers as he threw for 274 yards in his first playoff victory at home. Defensively, the Packers (12-5) finally managed to contain Adrian Peterson and were all over Vikings backup Joe Webb, pressed into service because of Christian Ponder's triceps injury.


Peterson was held to 99 yards — an improvement after gaining 199 and 210 in the first two games against Green Bay. It was only the second time in the last 11 games that he was held below 100 yards. Webb, who hadn't thrown a pass all season, was sacked three times and off target all night. His only highlight was a 50-yard scoring pass to Michael Jenkins late in the fourth quarter, but it was far too late for the Vikings (10-7).


"No disrespect to Ponder, but ... it's about one guy and that's Adrian Peterson," said Woodson, who played his first game since breaking his right collarbone Oct. 21. "Our main focus, whether it was Ponder or Webb, was to keep 28 (Peterson) from getting off. And if we were going to keep him from getting off, put the ball in the quarterback's hands, whatever quarterback it was, we felt good about what was going to happen."


With a little over a minute left, Packers fans began taunting the Vikings (10-7) with chants of "Nah-nah-nah-nah ... goodbye." The win snapped a two-game losing streak at Lambeau Field in the playoffs, and sent the Packers to San Francisco next Saturday for an NFC divisional game with the 49ers. The teams met in the season opener, with San Francisco winning 30-22.


"A lot has happened since we played San Francisco," Packers coach Mike McCarthy said. "We're a different team."


This was the third game in six weeks between Green Bay and the Vikings, and second in six days. The Packers' loss in Minnesota last weekend cost them the No. 2 seed in the NFC, along with a bye this weekend, and left them looking — dare we say it? — vulnerable going into the playoffs. But with Woodson back and Rodgers having all four of his top receivers for, essentially, the first time since Sept. 30, Green Bay looked like a team that could make the kind of deep run it did two years ago when it won the Super Bowl.


Rodgers used so many different options other NFL quarterbacks must have been drooling. He went with Harris on Green Bay's first scoring drive, mixed it up between James Jones, Tom Crabtree and Greg Jennings on the second, and had 22- and 23-yard completions to Jordy Nelson before Kuhn scored on a 3-yard run that put the Packers up 17-3 just before the half.


And pretty much everyone got in on the fun on the last score, a 12-play, 80-yard drive that chewed up more than 5 ½ minutes. Rodgers connected with Jones on a 19-yard completion to put the Packers in Packers territory, then connected with Harris for 14 yards two plays later to reach the red zone. Rodgers threw incompletes on second and third downs, but just when the Packers thought they'd have to settle for a field goal, the Vikings were whistled for 12 men on the field, giving Rodgers another crack at the end zone.


He found Kuhn for the 9-yard score, and the game was all but over.


"That was tough. We were down seven and they went and scored and they were coming out of the half, too, getting the ball, too, and they got it and scored again," Antoine Winfield said. "Can't do that against the Green Bay Packers."


Harris, who didn't play in the first game against Minnesota this season because he'd only been elevated from the practice squad a day earlier, led the team in receiving (five catches for 61 yards) and rushing (47 yards on 17 carries). Jennings and Jones had four catches each and Nelson had three before hobbling off late in the fourth quarter.


"We have some stuff to work on," Rodgers said. "We've got to help our defense out more, close a team out like that. Tough test next week back in San Francisco."


Hey, at least the Packers are still playing. That's more than the Vikings can say.


Ponder was hurt last weekend when Morgan Burnett slammed into him on a blitz. Though initially thought to be an elbow injury, Ponder said it was actually a deep bruise in his right triceps. It limited his flexibility along with his power and, though it is better, there simply wasn't enough time to recover with the short, six-day turnaround.


After testing the arm before the game, the Vikings decided to go with Webb, whose only playing time this year was a couple of handoffs at the end of a blowout of Tennessee in early October.


"I can play with pain. The biggest thing is the loss of flexibility," Ponder said. "I couldn't get the ball in the position to where I could throw it normally and lost a lot of power and everything. It wouldn't have been wise to play."


It was the first time Buffalo's Frank Reich in 1993 a quarterback had started a playoff game after not starting during the regular season, according to STATS Inc. And, in the first series at least, he seemed to have caught the Packers off guard. That or they were too busy trying to bottle up Peterson, who bulldozed them for 409 yards in their first two games, to pay attention.


With what seemed like every Packers defender focused on Peterson, Webb converted a third-and-3 with a 17-yard pickup. His 5-yard run four plays later put the Vikings at the Green Bay 13. But Webb's first pass of the night went into the ground, and the Vikings were forced to settle for Blair Walsh's 33-yard field goal that gave them a 3-0 lead.


But the Packers quickly settled down and Webb and the Vikings never stood a chance. Especially with Peterson not allowed to roam free as he's done against the Packers in the past.


"The energy level was at an all-time high," Woodson said. "This week, like last week, we buzzed around. But this week we made the tackles, we didn't allow (Peterson) to get through the line of scrimmage and get yards after first contact. We just kept putting heat on them. That was the difference."


Notes: With two sacks of Webb, Matthews joined Reggie White as the only Packers to have two or more sacks in two postseason games. ... Minnesota had 157 of its 324 yards in the fourth quarter, when the game was out of hand. ... Kuhn is the only player in the NFL to score a touchdown in each of the last four postseasons. ... Mason Crosby's 20-yard field goal in the second quarter was his sixth straight in the postseason, a Packers record. ... Vikings S Harrison Smith left the game briefly with a left knee injury, but was able to return. Minnesota coach Leslie Frazier said after the game he was fine.


___


Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL


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Here, Bella! Top Pet Names for 2012






Move over, Rover, there’s a new top dog in town, and her name is Bella. For 2012, the “Twilight Saga”-inspired moniker was the most popular for dogs and second-most popular for cats, according to a survey by one veterinary organization. For dogs, Max took second place.


The survey gathered names of 2.5 million dogs and cats at the Banfield Pet Hospital, a veterinary network in Portland, Ore.






The top names resemble those from years past, said Laura Wattenberg, a baby-name expert and the creator of babynamewizard.com


“Max in particular has been the top name for male dogs for a number of years now,” Wattenberg told LiveScience. 


Cuddly fur babies


In general, pets have been given much more humanlike names over the past generation, Wattenberg said. That reflects a change in society, in which owners see their fur babies more as family members than animals, she said. [What Your Dog's Breed Says About You]


The names people choose for their pets also reflect a sweet, nostalgic innocence.


“There’s a particular slice of human names that have risen for baby names as well, but they’re particularly popular for pets. That’s the cute, cuddly names of the early 20th century.”


These names, such as Max and Lucy, tend to crop up frequently as heroes or heroines in kids’ picture books, Wattenberg said. For instance, the hero in “Where the Wild Things Are” was named Max. These names may reflect how people see their pets.


“They’re like children who never have to grow up,” she said.


Old and new


Pop-culture trends also influenced the popularity of pet names found in the survey. Aside from the top-ranked Bella, Katniss also saw wide use, becoming 18 times more popular for dogs and 14 times more popular for cats, compared with 2011, following the release of the “Hunger Games” in March.  Reality TV stars also got their due, with Honey Boo Boo (a 6-year-old beauty pageant star of “Here Comes Honey Boo Boo“) and Purrfect (the name of Cee Lo Green’s cat on “The Voice”) rising in the ranks.


Still, for dog and cat names alike, familiar can still win out over hip. Perennial favorites like Max and Buddy took the second and third slots for dogs, while the perhaps unimaginative Kitty was the most popular name for cats.


Cats vs. dogs


Interestingly, more humanlike names, such as Charlie or Lucy, were popular for dogs, while unisex monikers like Smokey, Shadow and Tigger describing physical traits like color ranked high for felines in 2012.


That may reflect how much people project a human role onto their pets. For instance, one study showed that animals kept in the house are more likely to get human names, Wattenberg said.


“You could infer from this that people feel a little bit more attached or feel like they have a more personal relationship with their dogs,” she said. “Obviously cat lovers will howl at that, but that’s what the names say.”


In general, pet names overlapped very little with baby names. While the trend toward nostalgic, 20th century names carried over from baby naming trends, formal names ruled for human tots. But cuddly, affectionate nicknames took precedence for pets. From the list of pet names, only Chloe made the list of most popular girl names in 2011.


For instance, pet names like Coco or Rocky are more intensely retro than Ava or Jacob (which are more likely to be given to babies). That suggests, as a society, “we’re more willing to push the style to the extreme with pets and maybe even live out the naming fantasies that we wouldn’t quite be able to give to our children,” Wattenberg said.


Here are the top ten names for dogs and cats in order of more to less popular:


Top Dog Names:


  1. Bella

  2. Max

  3. Buddy

  4. Daisy

  5. Bailey

  6. Coco

  7. Lucy

  8. Charlie

  9. Molly

  10. Rocky

Top Cat Names:


  1. Kitty

  2. Bella

  3. Tiger

  4. Max

  5. Smokey

  6. Shadow

  7. Tigger

  8. Lucy

  9. Chloe

  10. Charlie

Follow LiveScience on Twitter @livescience. We’re also on Facebook & Google+


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