Hotels Near Marlins Park - Asian Stocks Set for First Drop in Seven Months; Rupee Declines

Source - http://www.bloomberg.com/
By - Glenys Sim & Jonathan Burgos
Category - Hotels Near Marlins Park
Posted By - Homewood Suites Miami

Hotels Near Marlins Park

Asian stocks headed for the first monthly decline since October as a drop in Japanese brokerages and shipping lines limited a rebound in the nation’s shares. The Indian rupee and equities fell as a report showed the nation’s economy grew at its slowest pace in a decade.

The MSCI Asia Pacific Index was little changed at 135.64 as of 2:41 p.m. in Tokyo, after climbing as much as 0.8 percent, and is down 4.6 percent in May. Japan’s Topix (TPX) index swang between gains and losses. Standard & Poor’s 500 Index futures and FTSE 100 Index contracts were steady. The yen fell against all 16 major counterparts. The so-called Aussie slid 0.3 percent to 96.38 U.S. cents.

India’s gross domestic product increased 5 percent in the year ended March 31, compared with 6.2 percent in the previous period, a government report showed. Data due today may show U.S. consumer spending stagnated, reducing bets the Federal Reserve will scale back its purchases of bonds. Japan’s industrial production expanded 1.7 percent in April, an initial sign of success for Prime Minister Shinzo Abe’s economic revival campaign.

“Price moves are being exaggerated by thin volume” as investors stay on the sidelines, said Alex Wong, a Hong Kong-based director at Ample Capital Ltd. “You can’t be bullish after the market fell so much, but with foreign markets being so resilient, you can’t be too bearish.”

The Topix slumped yesterday, passing the 10 percent threshold some investors use to define a correction. Even after yesterday’s plunge, the gauge is still up more than 30 percent this year after the Bank of Japan pledged to reach 2 percent inflation within two years with unlimited bond buying and by doubling the monetary base.
Shipping, Brokerages

Shipping companies dropped the most among 33 industry groups on the Topix, with Mitsui O.S.K Lines Ltd. falling 4.9 percent. Nomura Holdings Ltd. declined 2.7 percent to lead a slide among securities firms. Sony Corp. increased 3.3 percent after people familiar with the matter said the electronics maker is consulting banks about a proposal to take part of its entertainment unit public.

“The market is trying to find a place to settle,” said Takashi Aoki, a Tokyo-based fund manager at Mizuho Asset Management Co., which oversees about $33 billion. “We don’t know where the bottom is yet.”

The Indian rupee declined 0.3 percent to 56.51 per dollar, while the S&P BSE Sensex retreated 1.2 percent, the most among Asian indexes.

As many stocks rose as fell on the MSCI Asian gauge. South Korea’s Kospi (KOSPI) index added 0.2 percent and Australia’s S&P/ASX 200 Index climbed 0.2 percent. Shares in Hong Kong, Taiwan and China fluctuated. Singapore’s Straits Times Index slipped 0.7 percent and Thailand’s SET Index lost 0.6 percent.
Yen, Aussie

The yen weakened 0.3 percent to 101.03 per dollar, while Japan’s 10-year government bond yield slid three basis points to 0.86 percent as signs of deflation suggested the Bank of Japan will need to sustain stimulus. Consumer prices excluding fresh food fell 0.4 percent in April from a year earlier, the statistics bureau said in Tokyo today, matching the median estimate of 29 economists in a Bloomberg News survey.

Australia’s dollar fell today after having risen 0.5 percent in the previous two sessions. It’s headed for its biggest monthly decline in more than two years on speculation a slowdown in China will weigh on the economy, encouraging the Reserve Bank to cut interest rates this year.

Gold for immediate delivery gained as much as 0.6 percent to $1,422.10 an ounce, the highest since May 15, before trading at $1,420.08. Prices are up 2.4 percent this week.

Data yesterday showed that the U.S. economy grew at an annualized 2.4 percent pace in the first quarter, down from a preliminary reading of 2.5 percent, boosting speculation the Fed may maintain its purchases of $85 billion of Treasury and mortgage debt a month.

Hotels Near Marlins Park - Common Painkillers 'Pose Heart Risk'

Source - http://www.bbc.co.uk/
By - James Gallagher
Category - Hotels Near Marlins Park
Posted By - Homewood Suites Miami

Hotels Near Marlins Park

People with severe arthritis often take the drugs, which also calm inflammation, to go about daily life.

The researchers said some patients would deem the risk acceptable, but they should be given the choice.

A study, published in the Lancet, showed the drugs posed even greater risks for smokers and the overweight.

The risks have been reported before, but a team of researchers at the University of Oxford analysed the issue in unprecedented detail in order to help patients make an informed choice.

The group investigated more than 353,000 patient records from 639 separate clinical trials to assess the impact of non-steroidal anti-inflammatory drugs.

They looked at high-dose prescriptions levels, rather than over-the-counter pain relief, of 150mg diclofenac or 2,400mg ibuprofen each day.

They showed that for every 1,000 people taking the drugs there would be three additional heart attacks, four more cases of heart failure and one death as well cases of stomach bleeding - every year as a result of taking the drugs.

So the number of heart attacks would increase from eight per 1,000 people per year normally, to 11 per 1,000 people per year with the drugs.

"Three per thousand per year sounds like it is quite a low risk, but the judgement has to be made by patients," said lead researcher Prof Colin Baigent.

He added: "So if you're a patient and you go and sit in front of your doctor and discuss it, you are the one who should be making the judgement about whether three per thousand per year is worth it to allow you, potentially, to go about your daily life."

He said this should not concern people taking a short course of these drugs, for example for headaches.

However, he did warn that those already at risk of heart problems would be at even greater risk as a result of the high-dose drugs.

High blood pressure, cholesterol and smoking all increase the risk of heart problems.

Prof Baigent said: "The higher your risk of heart disease, the higher your risk of a complication. Roughly speaking, if you've got double the risk of heart disease, then the risk of having a heart attack is roughly doubled."

He said patients should consider ways to reduce their risk, which could include statins for some patients.
Alternative

A similar drug called rofecoxib (known as Vioxx), was voluntarily taken off the market by its manufacturer in 2004 after similar concerns were raised.

There are more than 17 million prescriptions of non-steroidal anti-inflammatory drugs in the UK each year. Two thirds are either ibuprofen or diclofenac.

A third drug, naproxen, had lower risks of heart complications in the study and some doctors are prescribing this to higher-risk patients.

The drug does a similar job to aspirin by stopping the blood from clotting although this also increases the odds of a stomach bleed.

Prof Alan Silman, medical director of Arthritis Research UK, said the drugs were a "lifeline" for millions of people with arthritis and were "extremely effective in relieving pain".

He added: "However, because of their potential side-effects, in particular the increased risk of cardiovascular complications which has been known for a number of years, there is an urgent need to find alternatives that are as effective, but safer."

Prof Donald Singer, member of the British Pharmacological Society and from the University of Warwick, said: "The findings underscore a key point for patients and prescribers - powerful drugs may have serious harmful effects.

"It is therefore important for prescribers to take into account these risks and ensure patients are fully informed about the medicines they are taking."

Suites Near University Of Miami - Why The IMF Might Be Wrong On China

Source - http://www.cnbc.com/
By - Dhara Ranasinghe
Category - Suites Near University Of Miami
Posted By - Homewood Suites Miami

Suites Near University Of Miami

The International Monetary Fund (IMF) said on Wednesday that China should deliver fiscal stimulus if economic growth falls below the IMF's forecast of 7.75 percent this year. However, analysts don't think this may be the right prescription for the world's second biggest economy.

The IMF said it had lowered its growth forecast for China from 8 percent because of weak global economic growth and exports. It recommended fiscal stimulus if growth slows further.

The current debate raging over China's economy goes like this: should Beijing act now and boost a slowing economy or hold back and allow a restructuring in the economy, that is positive for the country's long-term growth outlook but implies a slowdown, to take hold.

"Is the IMF's advice the right one? It's almost like the IMF is asking China to do a global duty, but at the moment there's a lot of debate on getting the right kind of growth," Chong Yoon Chou, investment director at Aberdeen Asset Management, told CNBC Asia's "Cash Flow."

"It's not about the number, but the type of growth that they [China's policymakers] want. It's not about building highways and airports as in the past, it's about developing consumer spending and other parts of the economy," he added, referring to a drive by Beijing to rebalance its economy away from investment and exports to consumption and the services sector.

 China's economic growth slowed unexpectedly in the first quarter of the year and its outlook has been in focus amid signs of weakness – data last Thursday showing an unexpected contraction in China's factory activity in May contributed to a hefty sell-off in global equities.

The Chinese government targets a growth rate of 7.5 percent this year, the same as last year and there has been some talk lately the government could mull lowering its forecast to 7 percent next year in a sign that Beijing would be more comfortable with a slower pace of growth as the economy adjusts.

Analysts said one reason why China was unlikely to opt for monetary stimulus to boost growth was a concern that doing so could lead to overheating in the property market or exacerbate local government debt levels.

China's Premier Li Keqiang was quoted in mid-May by local media as saying the government had limited room to use government spending and policy stimulus to boost the economy.

"I think the scope for fiscal stimulus is muted partly because of worries about the implications," said Alistair Chan, an economist with Moody's Analytics in Sydney. "Both the premier and prime minister have suggested recently that further fiscal stimulus would be unlikely because local government debt levels are already high and they don't want to add to that."

Chan said he forecast the Chinese economy to grow around 7.6 percent this year, adding that instead of implementing fiscal stimulus Beijing may choose to cut interest rates instead.

China's monetary policy has been on hold since last July, when the country's central bank lowered rates for a second straight month.

Extended Stay In Miami - Diet Soda As Bad As Meth Or Crack Cocaine For Your Teeth

Source - http://www.nydailynews.com/
By - Victoria Taylor
Category - Extended Stay In Miami
Posted By - Homewood Suites Miami

Extended Stay In Miami

Too much Diet Coke may give you “coke mouth.”

Drinking large quantities of diet soda can rot your teeth just like doing methamphetamine or crack cocaine does, according to a new study.

RELATED: JUST ONE SODA A DAY UPS KIDNEY STONE RISK: STUDY

The report, which was recently published in the journal General Dentistry, found that a woman in her 30s who drank two liters of diet soda every day for three to five years had eroded teeth similar to those of a 29-year-old meth addict and a 51-year-old longtime crack user.

“You look at it side-to-side with 'meth mouth' or 'coke mouth,' it is startling to see the intensity and extent of damage more or less the same,” said Dr. Mohamed Bassiouny, a professor of restorative dentistry at the Temple University School of Dentistry in Philadelphia, told HealthDay.

RELATED: PEOPLE MAY CONSUME MORE SODA WHEN DRINK SIZES ARE RESTRICTED: STUDY

Diet and regular soda are highly acidic, like methamphetamine and crack cocaine. Paired with poor dental hygiene, the citric and phosphoric acid in soda can lead to substantial damage and decay, Bassiouny said.

The woman in the study admitted she had not been to the dentist in years. Many of the her teeth were eroded, discolored and could not be saved. The 29-year-old in the study reported using methamphetamine for three years, and also consumed two or three cans of regular soda daily. The 51-year-old said he had been doing crack for 18 years. The three study participants needed all of their teeth extracted.

RELATED: EVEN ONE CAN OF SODA PER DAY RAISES RISK OF DIABETES: STUDY

The American Beverage Association, which represents soft drink manufacturers, told HealthDay in a statement that the study shouldn't be seen as a reason to stop drinking all diet soda.

“The woman referenced in this article did not receive dental health services for more than 20 years — two-thirds of her life,” the organization said. “To single out diet soda consumption as the unique factor in her tooth decay and erosion — and to compare it to that from illicit drug use — is irresponsible.”

Dr. Eugene Antenucci, spokesman for the Academy of General Dentistry, said people are “better off” if they don't drink soda, but he doesn't think people need to go to the extreme of never drinking soda again — they should just be aware that the beverage is highly acidic.

“Knowing that, you limit it and understand that you need to clean your mouth afterward,” he told HealthDay. “Even simple water will wash away the acidity. And everyone should brush twice a day, if not more often.”

Airport Hotels In Miami - If You're Unemployed, Should You Tap Social Security?

Source - http://www.usatoday.com/
By - Christine Dugas
Category - Airport Hotels In Miami
Posted By - Homewood Suites Miami

Airport Hotels In Miami

Money Watch, a personal finance column that runs every week, features a financial planner from the National Association of Personal Financial Advisors answering reader questions about saving, protecting and growing your money.

Q: I'll be 56 this May. I lost my job in 2002 and have been unable to find an equivalent job since 2004. I worked as an engineer since graduating from college in 1983. Will I be able to collect Social Security benefits at my early retirement age? How can I get the best benefits?

A: Filing for Social Security as early as possible can be tempting when you are unemployed. But there are a few choices you might want to consider before doing so.

For someone your age, your Full Retirement Age (FRA), under Social Security, is 66 years and 2 months. That's when you can collect the full amount of benefits based on your past earnings record.

You could file for benefits as early as age 62, but you would only be entitled to 74% of those benefits. Conversely, if you can wait until age 70 to file, you will earn deferred credits on your Social Security benefits and be able to receive a larger amount each month in retirement.

If you are married, divorced or widowed, the best time to take benefits becomes even more complicated.

Believe it or not, there are 81 different combinations of Social Security benefits for married couples. For example, if your spouse has been working all these years, it may make sense for you to take a spousal benefit at age 62 and defer your own benefits until age 70. Spousal benefits at age 62 are 34% of that spouse's own Social Security benefit amount.

Benefit calculations also get complicated if you spent any time in your career working for the government or as a teacher in certain states.

Your first step should be to figure out your own benefit amount at age 62, at Full Retirement Age, and at age 70. You can get this information by visiting www.socialsecurity.gov and setting up an account. Now that Social Security no longer sends out paper statements, this is the only way to see your future benefit amounts.

Once you have that information, visit www.socialsecuritytiming.com to see what combination of benefit strategies make the most sense for you.

The site has a free calculator to get you started, but it also lists advisers that specialize in Social Security that can help you figure out the optimal time to take your benefit. Or, if you have a Social Security office near you, make an appointment with a counselor who can walk you through the various options so you can be sure to maximize your benefit.

Golf Resort In Miami - Fast & Furious’... And Lots Of Fun

Source - http://bostonherald.com/
By - James Verniere
Category - Golf Resort In Miami
Posted By - Homewood Suites Miami

Golf Resort In Miami

Fast & Furious 6

Rated PG-13. at the AMC Loews Boston Common, Regal Fenway Stadium 13 and suburban theaters.

GRADE- B+

A hybrid of “Mission: Impossible” and Hot Wheels, “Fast & Furious 6” is an example of how to use wit, humor and intelligence to turn a dumb summer release into a smart and fun popcorn movie. It may be the best movie in the 12-year-old “Fast and Furious” franchise.

They’re back, including Letty Ortiz (Michelle Rodriguez, who should be a major star). Letty was thought to be killed a while ago but survived and is part of the villain’s gang in this installment because she has (collective groan) amnesia.

Gearhead and vintage muscle-car buff Dom Toretto (a fine tongue-in-cheek turn by underrated Vin Diesel) remains the soulful, gravelly voiced father figure of this crew, and he is living in Rio with squeeze Elena (Elsa Pataky), along with former cop Brian O’Conner (Paul Walker) and his soul mate Mia (Jordana Brewster), who is Dom’s sister (as if), and has just given birth to her and Brian’s son.

Brian is the group’s big brother, while Roman Pierce (Tyrese Gibson) is the clown, Tej Parker (Ludakris) the team’s “we-can-do-it” coach and— get it? ­— Han Seoul-Oh (Sun Kang) and Giselle Harabo (Gal Gadot) its Romeo and Juliet.

Once again, Dom and his family of renegade drivers are recruited “M:I”-style by hulking U.S. agent Luke Hobbs (Dwayne Johnson). Hobbs, whose T-shirt looks as if it is screaming in agony, wants Dom to track down another crew of expert drivers, headed by the deadly Owen Shaw (Luke Evans). Along with Hobbs is female warrior Riley (Gina Carano of “Haywire”).

The film, which boasts lots of slugfests and car chases in the streets of London, is like a superhero movie with wise-cracking humans doing superhuman things with vehicles of many kinds, including a 10-ton Chieftain tank and, in the fiery, ridiculously over-the-top finale, a Russian cargo plane.

Director Justin Lin also helmed the series’ third effort as well as the 2009 reboot “Fast & Furious.” He keeps the carefully choreographed action scenes semi-coherent, no small feat considering the fast and furious editing. Some of the vehicles are clearly digital, and much of the plot is totally absurd. But Lin obviously knows enough to let Diesel and the rest of the talented cast have fun with their lines, improvise their banter and keep it all light and amusing. Start your engines and go.

Golf Resort In Miami - The World's Most Powerful Women 2013

Source - http://www.forbes.com/
By - Press Release
Category - Golf Resort In Miami
Posted By - Homewood Suites Miami

Golf Resort In Miami

Our annual snapshot of the 100 women with the most impact are top politicians and CEOs, activist billionaires and celebrities who matter. In roughly equal measure you’ll find next gen entrepreneurs and media mavens, technologists and leaders in philanthropy — all ranked by dollars, media momentum and impact (see full methodology here).

We’ve selected women that go beyond the traditional taxonomy of the power elite (political and economic might). These change-agents are actually shifting our very idea of clout and authority and, in the process, transforming the world in fresh and exhilarating ways.

This year the list features nine heads of state who run nations with a combined GDP of $11.8 trillion — including the No. 1 Power Woman, German Chancellor Angela Merkel. The 24 corporate CEOs control $893 billion in annual revenues, and 16 of the women here founded their own companies, including two of the three new billionaires to the list, Tory Burch and Spanx’s Sara Blakely. Speaking of, this year’s class has 14 billionaires valued in excess of $82 billion.

Hotel Near FIU - Skin Cancer Prevention– Sunscreen or Vaccine?

Source - http://guardianlv.com/
By - Stasia Bliss
Category - Hotel Near FIU
Posted By - Homewood Suites Miami

Hotel Near FIU

May is skin cancer awareness month, with this Friday, May 24th being “Don’t Fry Day”, supported by the EPA, the FDA and the National Cancer Association.  How can we take measures to avert over-exposure to damaging rays?  A recent article on Fox suggests that researchers are looking for a vaccine to help prevent skin cancer, but is a vaccine really what we need?  Another recent article states “holidaymakers are at risk…because their sunscreen is out of date”, claiming that people are lathering up with expired sunscreen that isn’t working.

Statistics say skin cancer is the most common form of cancer these days with 1 in 6 Americans diagnosed.  What can we do to remain healthy and cancer-free?

Here are 10 healthy suggestions to prevent and even reverse possible skin cancer.

1-      The Mediterranean Diet – Eating a diet high in vegetables (especially carrots, chard, pumpkin, cabbage and broccoli), nuts, fish, whole grains and olive oil offers increased protection of over  50% in the risk for skin cancer.  The protective omega fatty acids in these foods, along with fiber and vitamin E and D give the body the nutrients needed to ward off cancer-causing cells

2-      Bee Propolis – With excellent results, more than 20 studies in experimental medicine and hospital settings used Bee Propolis internally and externally  to successfully prevent malignant cell growth, increase the aspects of the immune system that wards off cancer, bringing balance back into the body of one previously ravaged with cancer.  Bee Propolis in amounts of only 30-50 drops of a tincture 4x a day had these amazing results, reducing different types of cancer, including malignant melanoma.  (Other types of cancer that received benefits were breast, colon and genital cancer along with lung and liver metastases).  In Yugoslavia, the use of Propolis was found to reduce harmful side-effects of radiation therapy.

3-      Coffee & Green Tea-   Caffeine is an ultraviolet sponge.  Coffee is said to act like a sunscreen when applied topically to the skin.  (You figure out how that one works?) Coffee and Green Tea both contain polyphenols (in coffee they are caffeic acid and coumaric acid; in green tea – epigallocatechin gallate), antioxidants known to protect and even repair DNA from damage induced by excessive UV rays.  Both coffee and green tea’s polyphenols inhibit enzymes responsible for tumor growth.

4-      Frankincense essential oil – Used as a wound healer for centuries, frankincense is a vital element to consider in the face of any type of cancer, especially melanoma.   A few drops of therapeutic grade frankincense essential oil applied topically to any skin cancer suspicious spots can remove them almost instantly.  “The spot simply flakes off” quotes Nancy from Iowa who had removed previous skin cancer spots before medically.   Frankincense has been injected into tumors in the laboratory much to the cancer cells dismay – shrinking, and in most cases eliminating the tumor completely.   Several years back, Fox News reported a study done where horses with melanoma were treated with frankincense effectively.

5-       Milk Thistle-   Known as a common liver protecting herb, milk thistle, when mixed with sunscreen and applied topically, may help prevent skin cancer due to its antioxidant and anti-inflammatory action.

6-      Sunscreen blocks vitamin D absorption – try natural alternatives – While everyone remains adamant to cover themselves and their children with sunscreen before heading out into the sun, there is one very important thing to remember.  Chemically based sunscreens actually BLOCK absorption of Vitamin D.  Your body needs Vitamin D to ward off potential melanoma cells.  All you need is 20 minutes per day of good sun exposure, so don’t overdo it, and if you are going to ‘lather up’ with sunscreen, try a non-toxic option such as Sesame  oil, Coconut oil or Aloe Vera gel.  Sesame oil is a natural skin protectant and can block up to 30% of the sun’s rays.  Coconut and Aloe block approximately 20%.  There are also several natural companies who offer safe, effective sunscreen alternatives such as Badger Healthy Body Care.

7-      Resveratrol – Found in the skin of green and red grapes and grape seed extract, this natural antioxidant not only protects the skin from harmful rays, but according to Jon Barron in his book  “Lessons from The Miracle Doctors: A Step-by-Step Guide to Optimum Health and Relief from Catastrophic Illness”  it is stated:  “In controlled studies, resveratrol has been shown to reduce skin cancer tumors by up to 98 percent, to stop production of leukemia cells…In addition, it works as a Cox inhibitor, thus halting the spread of cancer throughout the body.”

Resveratrol can be found at your local health food store or on-line and is a great addition to a year-round preventative routine.

8-      Keep a Positive Attitude – Researchers show that experimentally induced negative mood states inhibit the body’s lymphocyte production.  In other words, what they have found is long-term grief and depression makes one more susceptible to cancer.  By proactively coping with stresses, or feeling like you have a choice about your life and future, actually enhances T-cell activity.  What this means, is that in a positive, optimistic state of mind, your T-cells are more actively getting rid of cancer cells.

9-      Yoga – Simple yogic practices help bring the body into harmony and balance, boost the immune system and reduce stress naturally.  Regular breathing practices harmonize the body systems making it easier for your body to cope with offending agents.  Yogic meditation practices can train the mind to eliminate toxic states of mind, environmental pollutants and negative emotions allowing your body to prevent any type of cancer or disease.  In someone who is already experiencing skin cancer symptoms, using yoga as a supportive practice can bring peace of mind and inner fortitude.  (see your local yoga instructor for personal recommendations)

10-   Be Conscious – know when to say when – Often our best defense is to know when we have had enough sun and to get out of it.  It is healthy to get some sun every day (around 20 minutes); those with darker colored skin are usually less sensitive to UV rays than those of us with fair skin.  So be conscious and know when it’s time to find shade.  Many of us get excited as the first warm days of summer arrive and forget to notice how long we are exposed to the suns powerful rays.  So this summer, be more aware, check in with yourself and know when to step out.

Overall, we can see that there are a variety of treatments, to both prevent and support the healing of skin cancer.  This time, when you take to the sun, take precautionary measures, remain alert and know that there are many tools at your disposal to keep your skin health and cancer-free.

Hotel Reservations In Miami - Tinton Falls Store Sold $95M Mega Millions Lottery Ticket

Source - http://littlesilver.patch.com/
By - Christopher Sheldon
Category - Hotel Reservations In Miami
Posted By - Homewood Suites Miami

Hotel Reservations In Miami

A winning Mega Millions lottery ticket worth $95 million was purchased at a Tinton Falls store, according to a press release issued by the New Jersey Lottery.

New Jersey Lottery Executive Director Carole Hedinger announced that the ticket was bought at Kwik Farms located at 590 Shrewsbury Ave. in the borough. The convenience store is located at a Lukoil gas station.

The ticket is one of only two winners in the nation, and as of Saturday, the Lottery has not been contacted by the winning ticket-holders, Hedinger said. The total payout for the May 17 Mega Millions Jackpot is $190 million and it will be split between the two winners.

The winning numbers for the May 17 drawing were 11, 15, 35, 43 and 49. The Gold Mega Ball was 41 and the Megaplier Multiplier was 04.

Lukoil will earn a $30,000 bonus for selling the winning jackpot ticket.

“We are thrilled to have another winner in New Jersey," Hedinger said in the release. "The sale of this winning jackpot ticket marks the third time in 2013 that New Jersey has produced a major jackpot winner."

"The winning ticket for the $65.7 million January 25, 2013 Mega Millions drawing was sold here, followed-up by the sale of the winning ticket for the $338.3 million March 23, 2013 Powerball drawing," Hedinger said in the release.

A second winning ticket was sold in Monmouth. Ramtown Pharmacy at 145 Newtons Corner Rd. in Howell sold a $10,000 according to the release.

Hotels Near Doral Golf Resort - Samsung Launches $800,000 App Contest For Galaxy S4

Source - http://www.pcworld.com/
By - Jay Alabaster
Posted By - Hotels Near Doral Golf Resort
Category - Homewood Suites Miami

 

Hotels Near Doral Golf Resort

Samsung will host a US$800,000 contest for developers that build apps for the Galaxy S4 using the company's peer-to-peer software interface.

The South Korean company said Monday entrants in its "Smart App Challenge 2013" must make use of the Samsung Chord SDK (software development kit). Chord is a software interface for creating wireless connections directly between Samsung smartphones, without the use of an online server or mobile phone network.

Samsung is marketing its peer-to-peer technology to end users as "Group Play," a service for multiplayer games or sharing music and photos among users of its phones and tablets. The company is the world's largest smartphone manufacturer but relies on Google's Android ecosystem for the bulk of its online offerings and apps, most of which also run on rival phones.

The company said apps in the contest will be judged on categories such as uniqueness, commercial potential, and design. Apps must be entered for consideration from June 20 to Aug. 31, and the judging will run through November.

In addition to the use of Chord, entries must be sold on the "Samsung Apps" marketplace and use Samsung's application programming interfaces (APIs) for in-app purchases and displaying advertisements.

The contest will have 10 overall winners, awarding $200,000 to one first-place winner, $100,000 each to three second-place winners, and $50,000 each to six developers that come in third. Winning apps will also be candidates for investments from Samsung's venture arm and be promoted through the company's online properties and press events.

This will be the second year for the contest. Last year's competition, for the larger Galaxy Note and Tab devices, was won by the "Gun & Blood" app, a shoot-em-up marketed by developer Feelingtouch with the description "Listen up man, it is time to kill all terrorists."

Chord is a Java-based API that attempts to make it easier for developers to implement the various aspects of peer-to-peer applications, including discovering nearby devices, messaging and file transfer.

Suites Near International Dolphin Mall - U.S. Soul Singer Candice Glover Wins "American Idol"

Source - http://www.reuters.com/
By - Patricia Reaney
Category - Suites Near International Dolphin Mall
Posted By - Homewood Suites Miami

Suites Near International Dolphin Mall

Glover, 23, defeated country singer Kree Harrison in the popular vote with her powerful voice in what judges deemed a close contest to take the title on season 12 of the Fox network show.

"You are officially our American idol," host Ryan Seacrest said as the crowd of more than 7,000 at the Nokia Theatre in Los Angeles cheered.

With tears streaming down her face after hearing her name, Glover seemed lost for words. "Oh, my God," she said. "Three years."

The third time was lucky for Glover, who appeared in two earlier seasons of the show, and finally won the crown by making songs like "Somewhere" from the musical "West Side Story," and the jazz tune "You've Changed" all her own.

"Three years, persistence, determination and a lot of talent. You deserve it," said Seacrest.

He announced Glover as the winner at the end of Thursday's two-hour show, which featured performances by judges Keith Urban and Mariah Carey, as well as Aretha Franklin, Jennifer Lopez, rapper Pitbull and South Korea's Psy, who sang his new single "Gentleman."

Glover, the first woman to be crowned "Idol" since Jordin Sparks six years ago, won a record deal, which could help propel her to the stardom enjoyed by other women "Idol" winners such as Grammy Award winners Kelly Clarkson and Carrie Underwood.

TOO CLOSE TO CALL

There was no doubt about the impressive talent of either Glover or Harrison, with Carey describing them as "magnificent" and the winner too close to call on Wednesday's performance finale.

But Glover seemed to have the edge over 22-year-old Harrison going into the two-part finale. General Sentiment, a social and news media analytics company, predicted she would take home the crown based on the social media buzz about her.

Data from the company showed mentions of Glover across the Internet, news media, Twitter and social media, were comparable to 2011 winner Scotty McCreery in the two-week buildup to the finale shows. Harrison's volume trended lower than all the other finalists from the past two years.

Harrison, who hails from Texas and lost both of her parents in accidents, showed her versatility on the show and won a standing ovation on Wednesday with her take on Patty Griffin's "Up to the Mountain," which judge Randy Jackson described as a "winning performance."

But Glover seemed to seal the deal with her moving rendition of "I Who Have Nothing," which closed the show and brought the judges to their feet.

"What came across from you is - superstar," judge Nicki Minaj said.

Fans agreed, and in text, phone and online votes after the performance finale on Wednesday showed their support for Glover over Harrison.

Glover closed Thursday's finale show with "I Am Beautiful," her new single.

"Idol," once the most watched television show with 30 million viewers, has seen a decline in numbers during the past two seasons, overall and in the young adult audience, which is so coveted by advertisers.

Jackson, the only original judge since the show's start in 2002 who announced he will be leaving the show, bid farewell on Thursday after a tribute. US Weekly magazine reported Minaj would also not be returning.

Fox had no comment about Minaj, or media reports about a complete revamp of the highly paid judging panel.

Miami Airport Hotels - Deficit Is Shrinking Quickly

Source - http://online.wsj.com/
By - DAMIAN PALETTA
Category - Miami Airport Hotels
Posted By - Homewood Suites Miami

Miami Airport Hotels

A rapidly shrinking federal budget deficit is upending bipartisan talks to reach a federal budget deal, illustrating the conundrum Washington faces with an improving near-term fiscal outlook but continued longer-term pressures tied to aging baby boomers.

The Congressional Budget Office said Tuesday the federal deficit is expected to shrink to $642 billion in the fiscal year ending Sept. 30, narrowing from the agency's estimate of $845 billion three months ago and sharply lower than last year's $1.087 trillion shortfall.

The agency attributed the drastic shift to higher-than-expected individual and corporate tax payments, due in part to growth and higher rates that kicked in at the beginning of the year, and large dividend payments that mortgage-finance companies Fannie Mae FNMA +26.32% and Freddie Mac FMCC +26.37% plan to make to the government this year.

After four straight years of $1 trillion deficits, the country's fiscal picture is changing. A slowly recovering economy, cuts in government spending driven by periodic budget clashes, and higher taxes have narrowed the gap between what the government brings in and what it spends.

These developments have virtually halted deficit-reduction talks because politicians suddenly find they have breathing room before the next deadline requiring negotiations between political parties locked in disagreement over vastly different budget priorities.

"You can hear the air fizzing out now," said Steve Bell, a Republican and senior director at the Bipartisan Policy Center who has called for Congress to reach a budget deal. "They are just overly tired of the same fight, tearing the same scab off the same wound."

For example, lawmakers now won't face a decision over whether to raise the nation's borrowing limit until October or November, the CBO said Tuesday—much later than the summer deadline that was projected several months ago.

The Treasury Department this week is expected to give its own estimate. Many Republicans have said they planned to use the debt-limit deadline as leverage to force new spending cuts and other budget changes.

The White House and Republicans have been locked in a budget fight since 2011, leading to a number of piecemeal deals that have reduced the deficit by both raising taxes and cutting spending. White House officials have said they want more tax increases while Republicans have called for structural changes to Medicare and Medicaid, the two sprawling government health-care programs, while saying they won't back new tax increases.

Earlier this year, a bipartisan effort was under way to lock in more deficit cuts, particularly later in the decade, but those talks have stalled in recent weeks, in part because of the shrinking deficit.

The CBO said the improving deficit picture would continue for several years but would reverse course in 2016, when spending picks up as a share of the economy and revenue levels off. It said Medicare and Social Security would begin to consume an even larger share of the budget. By 2023, Social Security and government health-care spending is expected to hit $3 trillion, or half the budget.

Sen. Bob Casey (D., Pa.), asked if the smaller deficit makes it harder to forge a long-term budget deal, said: "It makes things difficult but I don't think anyone who has been paying attention to this thinks we can continue to put off the fiscal questions before us."

The CBO said the deficit for fiscal 2013 is projected to be 4.0% of gross domestic product, still higher than historical averages but down from 7.0% in 2012 and 10.1% in 2009.

The White House and several budget think tanks have said the deficit should be somewhere below 3% of GDP, but many Republicans have said policy makers should strive to eliminate annual deficits entirely.

The CBO said its lower deficit projection for this year reflects higher tax receipts—driven by higher individual and corporate income and one-time moves made by wealthier taxpayers to absorb a tax hit in late 2012 rather than wait until higher tax rates began in 2013 as part of the January fiscal-cliff deal. It also includes an expected $95 billion in dividends from Fannie Mae and Freddie Mac. Both firms were bailed out by taxpayers in 2008 and have been in government conservatorship since.

The CBO said that a number of factors—including lower projections for spending on Medicare, Medicaid, and Social Security—led it to significantly lower its projections for cumulative deficits over the next 10 years. The CBO on Tuesday estimated the total gap between government spending and revenue from 2014 until 2023 would be $6.3 trillion—$618 billion less than it projected in February.

While the deficit is shrinking, the CBO said the federal debt—all the borrowing accumulated by the government over the years—is expected to dip slightly and then begin climbing in 2019, remaining above 70% of GDP. Over the past 40 years, debt as a share of GDP has averaged 39%.

"Such high and rising debt later in the coming decade would have serious negative consequences," the CBO said.

Suites In Miami - Asian Shares Steady After Two-Day Losing Streak, Dollar Pauses

Source - http://www.reuters.com/
By - Chikako Mogi
Category - Suites In Miami
Posted By - Homewood Suites Miami

Suites In Miami

European stock markets are expected to start higher, with financial spreadbetters predicting London's FTSE 100 .FTSE, Paris's CAC-40 .FCHI and Frankfurt's DAX .GDAXI to open as much as 0.3 percent higher, while a 0.1 percent rise in U.S. stock futures also pointed to a firm Wall Street open. .L.EU.N

Commodities prices stabilized and gold gained as much as 1 percent to recoup losses from the previous session as the dollar paused from a three-day rally, shedding 0.3 percent .DXY against a basket of key currencies after nearing this year's high of 83.494 touched last month.

The dollar was also dented by the euro's 0.3 percent rise to $1.3010.

Stability in the euro zone was evident in Monday's drop in Italy's three-year debt yields to their lowest since January as investors, backstopped by European Central Bank guarantees, brushed off concerns about the country's political and economic troubles.

"The dollar's climb is based on the recovery scenario for the U.S. economy, with the strong dollar denting sentiment for commodities which have been weakened by the sluggish growth in emerging countries," said Naohiro Niimura, a partner at research and consulting firm Market Risk Advisory in Tokyo.

"But the prospect for firmer U.S. growth will raise demand for commodities and lift their prices eventually," he said, also noting the normalization in financial markets as seen by falling yields in the peripheral euro zone countries such as Italy.

U.S. retail sales unexpectedly rose in April, prompting Goldman Sachs and JPMorgan to upgrade their view on second-quarter growth. More data will be released this week, including industrial production, housing starts and consumer sentiment.

An optimistic outlook for the U.S. economy stirred market talk that the U.S. Federal Reserve could scale back its aggressive bond-buying program aimed at supporting growth, which has helped drive prices of risk assets higher.

In Asia, the benchmark 10-year Treasury yield stayed near a six-week high of 1.925 percent touched overnight in New York.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.2 percent, with Australian shares .AXJO inching up 0.1 percent and South Korean shares .KS11 climbing 0.9 percent.

"Renewed foreign investor buying, encouraged by U.S. retail sales data, is boosting the market today," said Cho Seong-joon, a market analyst at NH Investment & Securities, of Seoul stocks.

But Chinese shares were headed for their worst daily loss in three weeks, dragging Hong Kong markets into the red, after official media suggested that Beijing is unlikely to ease policy despite patchy April economic data. Hong Kong shares .HSI fell 0.4 percent and Shanghai .SSEC slipped 1.4 percent.

JAPAN MARKETS REALIGNING

The Nikkei stock average .N225 gave up early gains as investors took profits after the index added as much as 1.7 percent on Monday to a fresh peak since January 2008. .T

Japanese equities have been bolstered by the weak yen trend, which accelerated after the Bank of Japan's April 4 launch of a sweeping monetary expansion campaign aimed at breaking a 15-year deflationary cycle and putting the economy on a sustainable growth path.

The dollar fell 0.4 percent against the yen to 101.45, after reaching a 4-1/2-year high of 102.15 yen on Monday. The euro was down 0.1 percent against the yen at 131.95 after touching its highest since January 2010 on Monday.

In the Japanese government bond market, yields jumped across the board despite a 30-year bond auction, carrying a 1.8 percent coupon, which was deemed decent. The benchmark 10-year JGB yield rose to a nine-month high of 0.850 percent, as JGB futures shed 1 point to a 13-month low, while the five-year JGB yield rose to 0.4 percent, its highest since July 2011. <JP/T>

"In light of the yen's remarkable move, JGB yields had been relatively inactive, so investors may be feeling more inclined to stay sidelined to see whether the JGB market will adjust to levels in line with the currency rates," said Ayako Sera, market economist at Sumitomo Mitsui Trust Bank.

Japanese life insurers are seen stepping up foreign bond buying without currency hedges if they can confirm a clear and steady decline in the yen, to hunt for higher yields overseas.

"If the BOJ says it will achieve 2 percent inflation in two years, 30-year bonds yielding 1.8 percent just don't match up. So investors are perhaps sending a message," Sera said.

"What's more intriguing, though, is the very slow pace of rise in U.S. Treasury yields, despite market talk of a possible change in the Fed's stance," she said.

With a rebound in commodities prices as the dollar eased, the Australian dollar added 0.4 percent to $0.9986, moving away from Monday's 11-month low of $0.9940.

Spot gold rose 1 percent to a session high of $1,444.96 an ounce as a weaker dollar helped the metal snap a three-day decline.

Hotels Near Marlins Park - Japan Stocks Rise, Bonds Fall as G-7 Tolerates Yen; Gold Drops

Source - http://www.bloomberg.com/
By - Pratish Narayanan & Yoshiaki Nohara
Category - Hotels Near Marlins Park
Posted By - Homewood Suites Miami

Hotels Near Marlins Park

Japanese stocks climbed, bonds fell and the yen touched the weakest level since October 2008 as Group of Seven officials indicated they will tolerate a decline in the currency. Most Asian shares slid with gold and oil.

Japan’s Topix Index (TPX) jumped 1.4 percent at 2:08 p.m. in Tokyo, as 10-year yields rose 11 basis points to 0.8 percent, the highest level since Feb. 6. The yen dropped 0.1 percent to 101.68 a dollar after falling to 102.15 earlier today. Standard & Poor’s 500 Index futures lost 0.3 percent after the measure closed at a record high last week. Gold dropped 1.2 percent, while oil in New York sank 0.7 percent.

While signaling acceptance of the yen’s decline, G-7 policy makers said they examined Japan’s strategy and that they will monitor its impact on currencies. Data on Chinese industrial production and Indian consumer prices are due today, as well as debt sales by Italy and France.

“Markets are prepared to back Japanese authorities’ attempt to reflate in terms of a weaker yen and expanding monetary base,” said Tim Schroeders, a portfolio manager who helps manage $1 billion in equities at Pengana Capital Ltd. in Melbourne. “The export sector from Japan will be an obvious beneficiary of that.”

G-7 policy makers reaffirmed a February commitment to “not target exchange rates,” U.K. Chancellor of the Exchequer George Osborne told reporters May 11. Bonds fell, sending U.S. Treasury 10-year yields to 1.94 percent, the highest level since March 26.
Toyota, Nomura

The Topix was headed for its highest close since September 2008 as Toyota Motor Corp., the world’s biggest carmaker, climbed 3.1 percent. Nomura Holdings Inc. (8604), Japan’s biggest brokerage, surged 8.6 percent on optimism rising trading volumes will boost earnings. Nippon Telegraph & Telephone Corp. jumped 5.9 percent after forecasting profit that beat estimates.

The MSCI Asia Pacific excluding Japan Index sank 0.8 percent, as Chinese companies dragged Hong Kong’s Hang Seng Index down by 1.1 percent before the industrial production data. Figures on fixed-asset investment and retail sales are also due today. The Shanghai Composite Index lost 0.2 percent.

“The statistics from China are still looking soft and if there is not enough growth momentum from China, that’s going to affect Chinese-related markets like Hong Kong,” said Tim Leung, a portfolio manager who helps oversee about $1.5 billion at IG Investment Ltd. in Hong Kong.
Dollar Index

The Dollar Index, which Intercontinental Exchange Inc. uses to track the greenback against the currencies of six major U.S. trading partners, advanced 0.1 percent to 83.21. The yen has weakened 15 percent against the dollar this year as a leadership change in the Bank of Japan initiated unprecedented monetary easing.

The Australian dollar fell toward an 11-month low before data on business confidence and amid speculation the central bank will cut interest rates further to curb the currency’s strength. The so-called Aussie lost 0.3 percent to 99.98 U.S. cents. South Korea’s won dropped for a third day, falling 0.8 percent against the greenback to 1,115.25.

Gold declined for a third day in the longest slump since April, when the metal entered a bear market, as holdings of the SPDR Gold Trust, the biggest gold-backed exchange-traded product, resumed a drop and the dollar strengthened. Spot gold sank 1.2 percent to $1431.70 an ounce.

Crude in New York dropped 0.7 percent to $95.36 a barrel, as the Organization of Petroleum Exporting Countries boosted output to the highest level in five months. Oil fell for a third day, the longest losing streak in four weeks. 

Suites Near University Of Miami - Pets May Help Cut Heart Disease Risk

Source - http://www.reuters.com/
By - Press Release
Category - Suites Near University Of Miami
Posted By - Homewood Suites Miami

Suites Near University Of Miami

The American Heart Association (AHA) issued a scientific statement on Thursday saying owning a pet may help to decrease a person's risk of suffering from heart disease and is linked with lower levels of obesity, blood pressure and cholesterol.

"Pet ownership, particularly dog ownership, is probably associated with a decreased risk of heart disease," Glenn N. Levine, a professor at Baylor College of Medicine in Houston, said in a statement.

A study of more than 5,200 adults, cited by the AHA, showed dog owners were more physically active than non-owners because they walk their pets. Other research has revealed the calming effects of pets, which are used in animal-assisted therapy programs.

Levine, the chairman of the committee that wrote the statement published online in the journal Circulation, added that the benefits are clear on cutting the risk factors for heart disease. But the studies are not definitive or prove that owning a pet directly causes a reduction in heart disease risk.

"What's less clear is whether the act of adopting or acquiring a pet could lead to a reduction in cardiovascular risk in those with pre-existing disease," he said, adding more research is needed.

About 78.2 million people in the United States own a dog and 86.4 million have a cat, according to figures from the American Pet Product Association 2011-2012 National Pet Owners Survey.

Research has shown that the loyalty and love pets display can reduce stress, anxiety, depression and loneliness in their owners and increase their sense of well-being and self-esteem.

Golf Resort In Miami - If Mars One Makes You Skeptical, You Might Be Dead Inside

Source - http://arstechnica.com/
By - Lee Hutchinson
Category - Golf Resort In Miami
Posted By - Homewood Suites Miami

Golf Resort In Miami

That's an abbreviated version of the pitch Mars One has made, and more than 30,000 people read it and applied for the chance to be permanent Mars residents. It's not my cup of tea—even if the mission were a guaranteed success, I like my comfy life too much to give it up for a chance to live out my days like Dr. Manhattan on the red planet—but the space mission/reality TV show has attracted some passionate followers.

Ars writer Casey Johnston spoke with one of the Mars One applicants, Aaron Hamm (who also is also a member of the Ars OpenForum under the username "Quisquis"), who genuinely believes in the mission of Mars One. Hamm and many other applicants see the chance to live out their lives on Mars as not only a worthwhile step in humankind's exploration of the universe, but also as the fulfillment of a personal dream.

However, the Mars One mission has also attracted more than its share of skepticism (and sometimes outright mockery). Those who are doing the mocking seem to think it's self-evident that Mars One will at best fall apart prior to even launching a mission and at worst spectacularly kill four people live on television. The doubters can't comprehend the faithful, and the misunderstanding goes both ways: the faithful seem to be having trouble comprehending the doubters, too.

"I'm kind of curious what the public is expecting to see at this point," wrote Hamm in a comment to the previously linked Ars story. "Everyone panning the program seems to expect that they should be able to see blueprints and budgets or something." He continued:

Hotels Near Doral Golf Resort - Queen's Absence From Commonwealth Summit Heralds New Role For Charles

Source - http://www.guardian.co.uk/
By - Caroline Davies
Category - Hotels Near Doral Golf Resort
Posted By - Homewood Suites Miami

Hotels Near Doral Golf Resort

The Queen will not attend this year's Commonwealth heads of government meeting (Chogm) in Sri Lanka, Buckingham Palace has said, in a significant announcement auguring future changes to accommodate her age.

The Prince of Wales will represent the 87-year-old monarch, who has not missed the biennial conference since 1973.

It will be the first time the future king has stepped into this role. The move will be interpreted as preparing the way for him to become the next head of the Commonwealth, even though he has no automatic entitlement to the position.

There had been calls by campaigners for the Queen to avoid the November summit in Colombo because of Sri Lanka's human rights record.

The fact she has decided her eldest son should go in her place indicates this is not a political decision but a practical one.

Palace officials are reviewing the amount of long-haul travel undertaken by the monarch and the Duke of Edinburgh, who will be 92 next month.

A spokesman said: "It is nothing to do with the political situation in Sri Lanka. The key point here is that the Queen will be represented, although she not there in person, by the Prince of Wales".

The decision will not have been taken lightly. Apart from highlighting the Queen's age and arousing concern for her health, it will be seen as a symbolic moment in Charles's preparation for kingship and his assuming more of his mother's duties.

The Queen's regards her role as head of the 54-nation voluntary association – she is Queen of 16 Commonwealth realms and their 137 million people – as one of the most important of her reign, although she has no formal powers.

On opening the Commonwealth Institute building in west London in 1962, she said: "I suppose that between us, my husband and I have seen more of the Commonwealth than almost any people alive."

She has visited all but two Commonwealth countries: Cameroon, which joined in 1995, and Rwanda, which joined in 2009.

Prince Philip has described her as the "Commonwealth psychotherapist" and she has built up unique relations with its leaders throughout her reign. As a young queen she grew up alongside leaders such as Zambia's Kenneth Kaunda, Tanzania's Julius Nyerere and Indira Gandhi of India.

Her role means her relationship with the Commonwealth and its leaders is different to that of any British government. Many use Chogm as an opportunity to privately confide in her.

She was first present at the 1973 Chogm in Ottawa, and has been at every summit since. However, she did not attend the inaugural meeting in Singapore in 1971. The then prime minister, Edward Heath, effectively prevented her from going because of member states' attitudes to the question of Britain selling arms to South Africa. She is understood to have wanted to go, and regretted not going, but was bound by Heath's advice.

In 2007, unusually, both Charles and the Queen attended Chogm in Uganda. Though he did not attend the opening ceremony, which was attended by the Queen, Charles supported her on the visit and his presence kindled debate on whether he would assume the Commonwealth mantle.

It will be up to the countries' heads of government to decide what they want to do with the symbolic post in the future. Opposition has been voiced to Charles inheriting the role.

But, in the last few months, the Australian prime minister, Julia Gillard, seemed to support such a move. She said: "For Australia's part, I am sure the Queen's successor as monarch will one day serve as head of Commonwealth with the same distinction as Her Majesty has done".

The Commonwealth secretary general, Kamalesh Sharma, has also spoken of how Charles's support for the Commonwealth has deepened its links to the crown.

Campaign groups including Amnesty International are calling for the Chogm meeting not to take place in Colombo before an investigation is carried out into human rights abuses in the final six months of the 26-year Sri Lankan civil war.

Suites Near International Dolphin Mall - Asian Stocks Gain on Central Bank Stimulus; Aussie, Oil Decline

Source - http://www.bloomberg.com/
By - Jae Hur & Adam Haigh
Category - Suites Near International Dolphin Mall
Posted By - Homewood Suites Miami

Suites Near International Dolphin Mall

Asian stocks climbed for a second day and Australia’s dollar slid to the weakest in two months as the nation’s Reserve Bank joined the European Central Bank in cutting interest rates to record lows to sustain economic growth. Japanese shares led share gains and oil fell.

The MSCI Asia Pacific Index (AS51) added 1.2 percent as of 2:23 p.m. in Tokyo. The Topix (TPX) Index led regional gains with a 3.1 percent advance as trading resumed after Japanese holidays. Standard & Poor’s 500 Index futures slipped 0.1 percent. The yen rallied 0.2 percent to 99.15 per dollar, while the so-called Aussie slid as much as 0.7 percent to $1.0178, the lowest since March 4. Crude declined 0.9 percent.

The RBA cut its benchmark rate by a quarter percentage point to 2.75 percent today to bolster an economy that’s been weakened by the strong Aussie dollar. ECB President Mario Draghi said yesterday that further interest-rate cuts are possible after reducing them to an all-time low last week.

“Investors like to be reassured from central banks that we are on the straight and narrow,” said James Lindsay, an Auckland-based fund manager at Tyndall Investment Management Ltd., which oversees about $23 billion. “Until economies really start to fire, I can’t see any pull-back of stimulus.”

The S&P 500 (SPX) gained 0.2 percent yesterday, reaching a record high. Financial shares led gains after data last week that showed American employers added more workers in April than economists had forecast.

The Reserve Bank of Australia “judged that a further decline in the cash rate was appropriate to encourage sustainable growth in the economy,” Governor Glenn Stevens said.
Toyota Earnings

MSCI’s benchmark gauge for Asian shares rose to 141.95 and has climbed 8.5 percent this year through yesterday amid optimism the Bank of Japan will deploy more measures to beat deflation and that policy makers in the U.S., Europe and China remain on standby to buoy growth.

The Topix climbed to 1,188.50 and has erased losses from the fallout of the collapse of Lehman Brothers Holdings Inc. in 2008. The Nikkei 225 Stock Average rose above 14,000 for the first time since June 2008. Australia’s S&P/ASX 200 Index slid 0.2 percent to 5,146.60, trimming losses after the RBA decision.

South Korea’s Kospi (KOSPI) index lost 0.4 percent to 1,953.92, and China’s Shanghai Composite Index rose 0.1 percent to 2,234.

Mitsubishi Heavy Industries Ltd. (7011) jumped 4.6 percent after Japan’s No. 2 maker of electricity-generation equipment and its partner Areva SA won a deal to build a nuclear power plant in Turkey. Toyota Motor Corp. (7203) rose 4.7 percent in Tokyo after the Nikkei newspaper reported the world’s biggest carmaker will report earnings tomorrow that may exceed analyst estimates.

The yen snapped a three-day drop. The euro remained lower against the greenback before data forecast to show factory activity slowed in Europe’s two biggest economies.

German factory orders probably slid 0.5 percent, while French industrial production contracted 0.3 percent, according to the median economist forecasts in Bloomberg News surveys.
Najib Victory

Malaysia’s ringgit climbed for a third day and touched 2.9570 per dollar, the strongest level since August 2011. The currency appreciated 1.8 percent yesterday, the most since June 2010. Prime Minister Najib Razak won a 133-seat parliamentary majority on May 5, Election Commission data showed.

The cost of insuring Asia-Pacific corporate and sovereign bonds against non-payment fell, according to traders of credit- default swaps. The Markit iTraxx Australia index slipped 0.5 basis point to 97.5 basis points as of 10:15 a.m. in Sydney, according to Westpac Banking Corp. prices. The measure is on course for the lowest close since Nov. 5, 2010, according to data provider CMA.
Wheat, Rubber

The Markit iTraxx Japan index dropped 6 basis points to 80, according to Deutsche Bank AG prices. The drop is the biggest since April 5, putting the gauge on track for the lowest close since May 2008, according to CMA. Japanese markets were closed May 3 through May 6 for public holidays.

Gold for immediate delivery slid 0.3 percent to $1,465.17 an ounce. West Texas Intermediate crude dropped to $95.33 per barrel before government data that may show U.S. stockpiles rose from an 82-year high.

Wheat climbed 0.4 percent, gaining for the first time in three days after the U.S. government said winter-crop conditions worsened. Rubber for October delivery jumped as much as 7.9 percent in Tokyo.

Miami Airport Hotels - Asian Stocks Spurred Higher By U.S. Data; Aussie Falters

Source - http://www.reuters.com/
By - Ian Chua and Vidya Ranganathan
Category - Miami Airport Hotels
Posted By - Homewood Suites Miami

Miami Airport Hotels

MSCI's broadest index of Asia-Pacific shares outside Japan climbed nearly one percent with Australia's main share index also about a percent higher. Malaysian shares were the biggest gainers, rising 3 percent after the ruling coalition government won a tight election.

Japanese financial markets are shut on Monday for a public holiday and will reopen on Tuesday.

The gains in stock markets came after data on Friday showed U.S. employment rose at a faster pace than expected in April and hiring was much stronger than previously thought in the prior two months, a relief to investors nervous about a U.S. slowdown.

But other U.S. data, including a survey of the vast services sectors, was less encouraging and led investors to suspect that the Federal Reserve will probably maintain its aggressive stimulus program.

"We take the April employment report, in conjunction with other data, as supportive of the Fed keeping its (debt) purchase program intact," analysts at Barclays Capital wrote in a note.

"Labor market and inflation trends are soft enough to reduce the likelihood of tapering, in our view, but steady enough to keep the Fed from increasing the pace of its purchases."

The data helped lift U.S. Treasury yields. The dollar however was less consistent, gaining against the Australian dollar and keeping Friday's gains against the low-yielding yen, but losing ground to emerging Asian currencies.

Having rallied more than 1 percent against the yen on Friday, the dollar last traded at 99.06 yen, nearly flat on the day. It is within a hair's breath of a 4-year peak near 100 scaled last month.

The yen was likely to stay on the defensive after the boost to risk sentiment from the better-than-expected U.S. jobs data, said Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore.

"Rather than dollar strength, the sentiment is more along the lines of going risk-on. It feels like yen-selling with cross/yen pairs leading the way," Okagawa said.

AUSSIE FALTERS

While other currencies in Asia outperformed the greenback, the Aussie slipped 0.3 percent to $1.0285, although it stayed off last week's low near $1.0220.

The decline followed local retail sales data, where the monthly data disappointed markets but the quarterly number, coupled with U.S. jobs data, gave markets reason to slightly tone down expectations of a cut in interest rates at the Reserve Bank of Australia's policy meeting on Tuesday.

Commodities also added to gains, having powered higher on Friday in the wake of the U.S. jobs report. U.S. crude rose more than one percent towards $97.00 a barrel, reaching fresh one-month highs.

Copper is in focus after it stole the limelight with a 6.5-percent rally to $7,270.00 on Friday.

However, to put its move in perspective, copper had fallen nearly 20 percent in the past three months partly on worries about a slowing global economy.

Malaysia's ringgit and stock market were however the regional standouts on Monday, with the ringgit hitting a 20-month high after Sunday's election saw the governing coalition extend its half-century rule, albeit with its worst-ever performance.

The National Front, or Barisan National (BN), won 133 seats in the 222-member parliament in Sunday's election, although it failed to regain the two-thirds majority it lost for the first time in 2008.

Suites In Miami - Yankees Get Past A’s

Source - http://www.timesleader.com/
By - Press Release
Category - Suites In Miami
Posted By - Homewood Suites Miami

Suites In Miami

Phil Hughes pitched eight shutout innings of four-hit ball for his first win of the season, and the New York Yankees beat the Oakland Athletics 4-2 on Saturday.

Chris Stewart and Lyle Overbay homered against Bartolo Colon, sending the A’s to their only loss in the right-hander’s six starts this year. Hughes (1-2) struck out nine and outpitched his former New York teammate for his first victory since Sept. 20 against Toronto.

Travis Hafner and Brett Gardner each had an RBI single for the Yankees, who bounced back from a 2-0 loss to A.J. Griffin in the series opener Friday night and improved to 7-2 on their 10-game homestand.

Orioles 5, Angels 4, 10 inn.

ANAHEIM, Calif. — Steve Pearce’s RBI single with two outs in the 10th inning lifted the Baltimore Orioles to a victory.

Baltimore also got homers from Manny Machado, J.J. Hardy and Nolan Reimold.

Garrett Richards (1-3) making his first relief appearance after five starts in place of the injured Jered Weaver, gave up a leadoff single through the box by Adam Jones. Jones was forced on a grounder by Reimold who advanced to second on Hardy’s grounder before Pearce lined an 0-1 pitch to right field for the deciding run.

Mariners 8, Blue Jays 1

TORONTO — Dustin Ackley hit his first career grand slam, Michael Saunders homered twice and the Seattle Mariners roughed up Cy Young knuckleballer R.A. Dickey, beating the struggling Toronto Blue Jays.

Indians 7, Twins 3

CLEVELAND — Scott Kazmir earned his first victory in three seasons, Nick Swisher homered in his first at-bat since missing three games with a sore shoulder and the Cleveland Indians beat Minnesota.

Hotels Near Marlins Park - Dollar, Stocks Surge On Strong U.S. Jobs Data

Source - http://www.reuters.com/
By - Herbert Lash
Category - Hotels Near Marlins Park
Posted By - Homewood Suites Miami

Hotels Near Marlins Park

U.S. nonfarm payrolls rose by 165,000 last month and the jobless rate fell to a four-year low of 7.5 percent, the Labor Department said. Hiring was also much stronger than previously thought in the prior two months, all signs of a resilient jobs market.

Economists expected payrolls to rise by 145,000 and the unemployment rate to hold steady at 7.6 percent.

Leading U.S. and European equity indexes advanced about 1 percent in a rally that has boosted the S&P 500 index more than 5 percentage points from April lows in just 11 sessions. The U.S. benchmark is up more than 13 percent so far this year.

Both the S&P 500 and the Dow industrials topped key milestones for the first time, with the S&P 500 breaking through the 1,600 mark and the Dow briefly surpassing 15,000.

In a sign of the rally's breadth, the Russell 2000 .RUT index of mid- and small-cap stocks hit an all-time high, and the Russell 1000 .RUI and Russell 3000 .RUA also set new highs.

Prices of crude oil, copper and other commodities also rallied as the jobs data raised investor confidence that demand is growing. Copper, a key industrial metal, surged more than 6 percent. Prices of government debt, a traditional safe haven, slumped on the data.

"The employment number was definitely the trigger for today's rally," said Michael Korn, president at Skokie Energy in Princeton, New Jersey.

The U.S. labor market has continued to be a source of concern, even as some sectors of the economy, such as the housing market, have shown clear signs of recovery.

The strong jobs data overshadowed an industry report that showed the pace of growth in the vast U.S. services sector slowed in April to its weakest pace in nine months.

The Dow Jones industrial average .DJI close up 142.38 points, or 0.96 percent, at 14,973.96. The Standard & Poor's 500 Index .SPX rose 16.83 points, or 1.05 percent, at 1,614.42. The Nasdaq Composite Index .IXIC climbed 38.01 points, or 1.14 percent, at 3,378.63.

For the week, the Dow rose 1.8 percent, the S&P gained 2 percent, and the Nasdaq rose 3 percent in its biggest weekly climb since the first week of the year.

In Europe, the FTSEurofirst 300 .FTEU3 of leading shares rose 1 percent to 1,218.60, the highest close since June 2008.

MSCI's all-country world equity index .MIWD00000PUS rose 0.81 percent to 370.90.

The dollar rose 1.1 percent against the yen, to 99.03 yen, on pace for its biggest one-day rise in two weeks, while the euro rebounded a day after the European Central Bank's president, Mario Draghi, said the ECB was technically ready for negative deposit rates.

The euro was up 0.4 percent to $1.3115.

German Bund futures settled down 101 ticks at 146.15, while the benchmark 10-year U.S. Treasury note was down 1 3/32 in price to yield 1.7434 percent.

Brent crude settled $1.34 higher at $104.19 a barrel, while U.S. crude gained $1.62 to settle at $95.61 a barrel.

Benchmark copper on the London Metal Exchange closed at $7,265 per tonne, up from a close of $6,848 on Thursday. It rose more than 6 percent, its biggest daily rise since late October 2011, to hit an intraday high of $7,289 per tonne.

Gold traded near break-even, erasing early gains after the data on U.S. job growth, which reduced the need for the Federal Reserve to immediately boost monetary stimulus.

Spot gold rose $2.57 to $1,468.80 an ounce.

U.S. Comex gold futures for June delivery settled down $3.40 at $1,464.20 an ounce.

"The idea that employment is holding as well as it is in the face of the fiscal headwinds the economy is currently enduring is a very positive sign of the economy's underlying fundamental improvements," said Russell Price, a senior economist at Ameriprise Financial Services.

The better jobs data comes just a month after the Bank of Japan promised to inject about $1.4 trillion into the Japanese economy to spur growth and end decades of deflation.

By increasing liquidity, three of the world's major central banks have fueled a rally in share and bond markets that has driven many benchmark indexes back up to levels last seen before the financial crisis began.