Walmart Moves Up Black Friday

Walmart is kicking off Black Friday shopping earlier than ever this year, opening stores at 8 p.m. on Thanksgiving Day.

“In addition to offering amazing low prices on the season’s top gifts, Walmart is taking the historic step to ensure wishlist items like the Apple iPad2 are available for customers during a special one-hour event on Thanksgiving,” the world’s largest retailer said in a statement today.

“We know it’s frustrating for customers to shop on Black Friday and not get the items they want,” said Duncan Mac Naughton, chief merchandising and marketing officer, Walmart U.S. “This year, for the first time ever, customers that shop during Walmart’s one-hour event will be guaranteed to have three of the most popular items under their tree at a great low price.”

Other retailers will also be opening earlier, including Sears at 8 p.m. on Thanksgiving, moved up from 4 a.m. on Black Friday last year. Kmart will be open Thanksgiving Day 6 a.m. to 4 p.m., then it will close and reopen 8 p.m. to 3 a.m. Macy’s, Kohl’s and Best Buy open at midnight; Toys R Us hasn’t announced its plans. Advice on how to snag the best deals.

To help convince folks to head out to the store after dinner, Walmart said it will guarantee that customers who are inside the store and in line between 10 p.m. and 11 p.m. can get these deals:

Apple iPad ®2 16GB with Wi-Fi – $ 399 plus get a $ 75 Walmart Gift Card

Emerson ® 32 720p LCD TV – $ 148

LG ® Blu-ray™ Player – $ 38

“If any of these items happen to sell out before 11 p.m. local time, Walmart will offer a Guarantee Card for the item which must be paid for by midnight and registered online. The product will then be shipped to the store where it was purchased for the customer to pick up before Christmas,” the retailer said.

A few of the top items available in store, while supplies last, include:

8 p.m. on November 22: Gifts for the Entire Family – Toys, Gaming, Home and Apparel

Xbox 360 ® 4GB + SkyLanders ™ Bundle – $ 149

Wii ™ Console- $ 89

More than 100 video games priced at $ 10, $ 15 or $ 25 each

Top Toys of the Season: Leappad ® 1.0 Learning Tablet ($ 65) and Furby ® ($ 45)

Razor ® Accelerator 12-Volt Electric Scooter – $ 79

Fisher Price Power Wheels ® Jeep ® Wrangler 6-Volt Ride Ons (Hot Wheels ® and Barbie ®) – $ 89 each

Licensed Boys’ and Girls’ 2-Piece Sleep Set – $ 4.50 each

Mens and Ladies Denim – $ 9.50 each

Home appliances such as a Crock Pot ® 6-Quart Slow Cooker and Mr. Coffee ® Programmable 12-Cup Coffee Maker – $ 9.44 each

Shark ® Steam Pocket Mop and Ninja ® Pulse Blender – $ 39 each

Fashion Dolls such as Barbie ®, Bratz ™ and Disney ® Princess – $ 5 each

Hundreds of DVD and Blu-ray movies such as Brave, The Amazing Spiderman, Hunger Game ranging from $ 1.96 to $ 9.96 each

Better Homes and Gardens ® 700-Thread Count Sheet Set – $ 19.96

48″ Air-Powered Hockey Table – $ 29.86

14′ Trampoline with Enclosure and Bonus Flash Light Zone – $ 159

10 p.m. on November 22: The BIG Event – Brand Name Electronics

Vizio ® 60″ 720p LED Smart TV with built in Wi-Fi – $ 688

Samsung ® 43″ 720p 600Hz Class Plasma HDTV – $ 378

HP ® 15.6″ Laptop with 4GB and 320GB hard drive – $ 279

Nikon ® D3000 Digital Camera with Lens Kit – $ 449

Samsung ® Smart ST195 Digital Camera – $ 99

Beats by Dr. Dre ® Headphones – $ 179.95

Nook ® Color ™ 8GB Tablet – $ 99

Virgin Mobile ® 3G/4G Hotspot – $ 39.88

5 a.m. on Nov. 23: Caffeine Not Needed – Great Savings on Gifts from Jewelry to Tires

Sharp ® 70″ 1080p 120Hz HDTV – $ 1,798

Acer ® 13.3″ Ultrabook ™ with 4GB and 320GB solid state drive – $ 499

$ 100 Walmart gift card with the purchase of select smartphones such as the Samsung ® Galaxy S III, Droid RAZR M by Motorola ® and HTC ® One X

Goodyear Tires ranging from $ 59 – $ 99 each

Forever Bride 1/3 -Carat T.W. Diamond Ring in 10K Gold – $ 198

Stanley ® 6-Drawer Rolling Tool Cabinet with 85-Piece Mechanic Tool Set – $ 99

Singer ® Sew Mate 5400 60-Stitch Sewing Machine – $ 99.97

5? Pre-Lit Harrison Christmas Tree – $ 20

Better Homes and Gardens Deluxe Recliner – $ 199

Black Friday Specials & More Online:

Samsung 50″ Class LED 1080p 60Hz HDTV – $ 698

Ematic 7″ Tablet Android 4.0 1GHz, 4GB – $ 49

Dsi XL Ultimate Bundle – $ 129

Razor A Kick Scooter, Multiple Colors – $ 25

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“Lincoln” Reviews: Is Steven Spielberg’s biopic Oscar-worthy?

LOS ANGELES (TheWrap.com) – “Lincoln,” with a cast of acting titans like Daniel Day-Lewis and Tommy Lee Jones, arrives in theaters Friday with many predicting big things come Oscar night. But does Steven Spielberg‘s biopic of the Great Emancipator live up to the early hype?

Based on initial reviews, it seems like Spielberg and company have delivered. Critics are raving about Day-Lewis’ performance and crediting the film with taking a historical figure who is cloaked in myth and making him relatable and sympathetically human. Instead of uncoiling a birth-through-death chronology of Father Abraham, “Lincoln” narrows its gaze to a few key months in 1865 when the president was trying to simultaneously end the Civil War and pass an amendment abolishing slavery.

The film, which will expand nationally next week after opening in limited release this weekend, scored a bullish 92 percent “fresh” rating on critics aggregator Rotten Tomatoes.

In TheWrap, Alonso Duralde lavished praise on the film and its literate script from Pulitzer Prize winner Tony Kushner for finding the man behind the monument. His one bone of contention was not with the film itself but with its gauzy ad campaign.

“The dreadful trailer makes ‘Lincoln‘ look like an awful collection of Spielbergian excesses, including swelling John Williams moments (admittedly, there are one or two) and Janusz Kaminski’s honey-baked lighting (OK, granted, it appears, but not too often), not to mention Tommy Lee Jones‘ terrible wig (which actually winds up being organic in his memorable turn as Thaddeus Stevens),” Duralde writes. “Don’t let the marketing campaign keep you from seeing one of the best American movies this year, and Spielberg’s finest work in decades.”

Perhaps no critical enthusiasm could match that of A.O. Scott. In a glowing review in The New York Times, Scott sounds the trumpets for Spielberg’s epic, urging parents to bundle their children into the local multiplex to see history unfurl across the screen.

“Some of the ambition of ‘Lincoln‘ seems to be to answer the omissions and distortions of the cinematic past, represented by great films like D. W. Griffith‘s ‘Birth of a Nation,’ which glorified the violent disenfranchisement of African-Americans as a heroic second founding, and ‘Gone With the Wind,’ with its romantic view of the old South,” Scott writes. “To paraphrase what Woodrow Wilson said of Griffith, Mr. Spielberg writes history with lightning.”

For Kenneth Turan, the greatness of the film lies in its understatedness. Writing in the Los Angeles Times, he lauded Spielberg for abandoning his more bombastic impulses to focus on the interior life of an American president.

“There is nothing bravura or overly emotional about Spielberg’s direction here, but the impeccable filmmaking is no less impressive for being quiet and to the point,” Turan writes. “The director delivers selfless, pulled-back satisfactions: he’s there in service of the script and the acting, to enhance the spoken word rather than burnish his reputation.”

It’s an “A,” declares Entertainment Weekly’s Owen Gleiberman, who hails the film for getting its hands dirty while depicting the sausage-making of politics.

“The Lincoln we see here is that rare movie creature, a heroic thinker,” he writes. “He has the serpentine intellect of a master lawyer, infused with a poet’s passion. ‘Lincoln’ brilliantly dramatizes the delicacy of politics, along with the raw brutality of it.”

In New York magazine, David Edelstein savored the film, but admitted that a few moments could have gone down more smoothly. In particular, he said the film’s initial scenes suffered from musty dialogue and some of the political wrangling it depicted was difficult to follow. Ultimately, however, he credited the picture with finding a fresh take on a president whose legacy has been dissected and debated for generations.

“By the time the movie ends, you don’t feel as if you know Lincoln – few, in his own time, claimed to know him,” Edelstein writes. “But you feel as if you know what it was like to be in his presence. And so an icon (it’s a measure of how promiscuously that word is thrown around that it seems inadequate for one of history’s truly iconic figures) has become a man – and, startlingly, within reach.”

There were a few critics, of course, who were not ready to endorse “Lincoln.” In the Newark Star-Ledger, Stephen Whitty slammed the movie for choking on its own self-serious and mocked it for too many scenes of intense debates held by men with copious facial hair.

“So if you’ve been sitting around wondering, ‘Gee, when is Spielberg ever going to make another ‘Amistad?’ ’ here’s your answer,” Whitty writes.

Apparently, Whitty would prefer another “Jaws.”

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California teen steps into rattlesnake nest, survives

SAN DIEGO (Reuters) – A teenage California girl searching for a cell phone signal to call her mother in a rural area outside San Diego inadvertently stepped into a nest of rattlesnakes and was bitten six times, but survived.

The 16-year-old, Vera Oliphant, spent four days in the intensive care unit of Sharp Grossmont Hospital, and doctors gave her 24 vials of antivenom after she was bitten by an adult rattlesnake and five young rattlers outside her uncle’s home.

“I was trying to find a signal to call my mom and text my boyfriend,” Oliphant said on Friday, a day after she was released from the hospital following the October 27 incident.

“I didn’t see them until I already stepped on their nest and I felt them biting me.”

“My vision started to go right away. First it looked like the snakes blended into the leaves and then I started seeing black spots around the edges and I started blacking out.”

She returned to her uncle’s home in Jamul, outside San Diego, and he immediately packed her into the car and rushed her to the emergency room, she said.

On the way, she talked to her mom and her boyfriend, who told her to stay calm so the venom wouldn’t spread.

“I told my mom and my boyfriend I love them in case I don’t get to see them again,” she said.

Doctors there administered 24 vials of antivenom to quash the dangerous toxins, according to a hospital spokesman. Snakebites usually aren’t fatal, although a handful of people die in the United States each year from snake bites, including bites from rattlesnakes.

Oliphant has recovered and will be returning to classes at Chaparral High School in El Cajon on Monday. She said the next time she can’t get a signal, she will handle it differently.

“Be careful where you step,” she said. “If you don’t need to, just wait until you are somewhere that you can call people.”

(Editing By Cynthia Johnston and Todd Eastham)

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Wall Street Week Ahead: “Fiscal cliff” blues may lead to correction

NEW YORK (Reuters) – Wall Street‘s post-election sell-off may gather steam in the coming weeks as worries mount about the looming “fiscal cliff” and technical weakness suggests a possible correction ahead.

The benchmark Standard & Poor’s 500 <.SPX> closed below its 200-day moving average – a measure of the market’s long-term trend – on Thursday for the first time in five months, and ended below it again on Friday. More than half of the Dow components are trading below key technical levels.

“I don’t think you have to panic here, but I think you really want to be looking for the market to move lower for the next couple of months,” said Frank Gretz, market analyst and technician for Wellington Shields & Co., a brokerage in New York. “I think the next rally is the rally you want to sell.”

At the heart of the market’s worry is whether U.S. leaders can come to agreement on some $ 600 billion in spending cuts and tax increases that are due to kick in early next year. Some fear dramatic cutbacks could send the U.S. economy into another recession.

The prospect of higher tax rates in 2013 is driving investors to sell shares as they seek to decrease the tax impact from their positions this year and next.

“You would have thought the fiscal cliff scenarios would have been already mulled over and priced in, but they weren’t. It’s almost like the market has ADD and can only focus on one thing at a time,” said Natalie Trunow, chief investment officer of equities at Calvert Investment Management in Bethesda, Maryland, whose firm manages about $ 13 billion in assets.

The S&P 500 fell 2.4 percent for the week, its worst weekly percentage drop since June. The index is now down 6.4 percent from its intraday high for the year of 1,474.51 reached on September 14. That drop puts the benchmark index below its 50-day moving average, but not yet into correction territory, defined as a 10 percent drop from a peak.

READING THE TECHNICAL SIGNS

The S&P 500 has been trading in a range between the 50-day moving average of 1,433.50 and the 200-day moving average of 1,380.98 for about two weeks. A significant break below that lower level could be a precursor to further weakness, analysts said.

“There’s a technical breakdown in the market that indicates further losses,” said Adam Sarhan, chief executive of Sarhan Capital in New York. “A 10 percent drop is the next big line in the sand.”

The primary driver of stock prices in coming weeks looks likely to be investor concern about the U.S. fiscal situation.

In a sign of the risks involved, comments by President Barack Obama on Friday about the upcoming negotiations caused stocks to sharply cut their gains.

The president, who defeated Republican candidate Mitt Romney in Tuesday’s U.S. election, outlined a position for the fiscal issues on Friday that is far apart from that of his political opponents, suggesting a long battle is to come.

“If the market anticipates a resolution to the fiscal cliff or Europe or any of the other bricks in the wall of worry, we could easily take off,” Sarhan said.

Seventeen of the Dow’s 30 components are trading below both their 50-day and 200-day moving averages, while another eight are under their 50-day levels, but not their 200. Only five components – Bank of America , JPMorgan Chase & Co , Home Depot Inc , Johnson & Johnson and Travelers Cos – are above both support levels.

Another big negative for the market has been heavy selling of Apple shares. The stock of the world’s biggest company, ranked by market capitalization, lost 5.2 percent this week, weighing heavily on both the S&P 500 and the Nasdaq <.IXIC>. The stock is down 22.4 percent from its September 21 all-time intraday high of $ 705.07.

BIG RETAILERS’ REPORT CARDS

The election and fiscal cliff concerns, which came on the heels of Superstorm Sandy and its devastating effects on many parts of the U.S. Northeast, have captured so much attention that they’ve overshadowed weakness coming from third-quarter earnings.

With results in from 449 of the S&P 500 companies, third-quarter earnings now are estimated to have declined 0.3 percent from a year ago, which is slightly better than the forecast at the start of the reporting period. Results have been especially weak on the revenue side, however, with just 38 percent of companies beating on sales, Thomson Reuters data showed.

But recent stronger economic data, including a report on Friday showing consumer sentiment at more than a five-year high in early November, suggests that retailers, many of which have yet to report, could be among the stronger performers this earnings period.

Next week, results are expected from such big names as Target , Wal-Mart and Home Depot.

Consumer discretionary companies have outperformed the broader S&P 500 in earnings, with 72 percent of the companies in that sector beating analysts’ expectations, compared with 63 percent for the S&P 500 as a whole.

Investors will be paying close attention to those results with the holiday shopping period around the corner, said Rick Meckler, president of LibertyView Capital Management in Jersey City, New Jersey, which oversees about $ 1 billion in assets.

“It’s really the beginning of the Christmas sell season, and I think there’s going to be a lot of interest with the outlook for that season and how promotional companies are going to be,” Meckler said.

(Wall St Week Ahead runs every Friday. Questions or comments on this column can be emailed to: caroline.valetkevitch(at)thomsonreuters.com )

(Reporting by Caroline Valetkevitch and Ryan Vlastelica; Editing by Jan Paschal)

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Assad says will live and die in Syria

DOHA (Reuters) – President Bashar al-Assad said he would “live and die” in Syria and warned that any Western invasion to topple him would have catastrophic consequences for the Middle East and beyond.

Assad’s defiant remarks coincided with a landmark meeting in Qatar on Thursday of Syria’s fractious opposition to hammer out an agreement on a new umbrella body uniting rebel groups inside and outside Syria, amid growing international pressure to put their house in order and prepare for a post-Assad transition.

The Syrian leader, battling a 19-month old uprising against his rule, appeared to reject an idea floated by British Prime Minister David Cameron on Tuesday that a safe exit and foreign exile for the London-educated Assad could end the civil war.

“I am not a puppet. I was not made by the West to go to the West or to any other country,” he told Russia Today television in an interview to be broadcast on Friday. “I am Syrian; I was made in Syria. I have to live in Syria and die in Syria.”

Russia Today’s web site, which published a transcript of the interview conducted in English, showed footage of Assad speaking to journalists and walking down stairs outside a white villa. It was not clear when he had made his comments.

The United States and its allies want the Syrian leader out, but have held back from arming his opponents or enforcing a no-fly zone, let alone invading. Russia has stood by Assad.

The president said he doubted the West would risk the global cost of intervening in Syria, whose conflict has already added to instability in the Middle East and killed some 38,000 people.

“I think that the price of this invasion, if it happened, is going to be bigger than the whole world can afford … It will have a domino effect that will affect the world from the Atlantic to the Pacific,” the 47-year-old president said.

“I do not think the West is going in this direction, but if they do so, nobody can tell what is next.”

QATAR, TURKEY CHIDE OPPOSITION

Backed by Washington, the Doha talks underline Qatar’s central role in the effort to end Assad‘s rule as the Gulf state, which funded the Libyan revolt to oust Muammar Gaddafi, tries to position itself as a player in a post-Assad Syria.

Qatari Prime Minister Hamad bin Jassim Al Thani urged the Syrian opposition to set its personal disputes aside and unite, according to a source inside the closed-door session.

“Come on, get a move on in order to win recognition from the international community,” the source quoted him as saying.

Turkish Foreign Minister Ahmed Davutoglu delivered a similar message, saying, according to the source: “We want one spokesman not many. We need efficient counterparts, it is time to unite.”

An official text of a speech by Qatari Foreign Minister Khalid Mohamed al-Attiyah showed he told the gathering: “The Syrian people awaits unity from you, not divisions … Your agreement today will prove to the international community that there is a unity … and this will reflect positively in the international community’s stance towards your fair cause.”

Across Syria, more than 90 people were killed in fighting on Thursday, the Syrian Observatory for Human Rights said.

In Turkey’s Hatay border province, two civilians, a woman and a young man, were wounded by stray bullets fired from Syria, according to a Turkish official. Turkish forces increased their presence along the frontier, where officials have said they might seek NATO deployment of ground to air missiles.

Syria poses one of the toughest foreign policy challenges for U.S. President Barack Obama as he starts his second term.

International rivalries have complicated mediation efforts. Russia and China have vetoed three Western-backed U.N. Security Council resolutions that would have put Assad under pressure.

Syria’s conflict, pitting mostly Sunni Muslim rebels against forces dominated by Assad’s Alawite minority, whose origins lie in Shi’ite Islam, has fuelled sectarian tensions across the Middle East. Sunni Arab countries and Turkey favor the rebels, while Shi’ite Iran backs Assad, its main Arab ally.

“VICIOUS CIRCLE”

The main opposition body, the Syrian National Council (SNC), has been heavily criticized by Western and Arab backers of the revolt as ineffective, run by exiles out of touch with events in Syria, and under the sway of the Islamist Muslim Brotherhood.

British Foreign Minister William Hague said London would now talk to rebel groups inside Syria, after U.S. Secretary of State Hillary Clinton last week criticized the SNC and called for a new opposition body to include those “fighting and dying”.

But the plan for a body that could eventually be considered a government-in-waiting capable of winning foreign recognition and therefore more military backing ran into trouble almost as soon as it was proposed by SNC member Riyad Seif.

The meeting has so far been bogged down by arguments over the SNC representation and the number of seats the rival groups – which include Islamists, leftists and secularists – will have in a proposed assembly. Seif said he hoped for agreement on that on Thursday night, although the talks may continue into Friday.

Senior SNC member Burhan Ghalioun said the participants were moving towards consensus: “The atmosphere was positive. We all agree that we don’t want to walk away from this meeting in failure,” he told reporters.

Seif’s proposal is the first concerted attempt to merge opposition forces to help end the devastating conflict.

The initiative would also create a Supreme Military Council, a Judicial Committee and a transitional government-in-waiting of technocrats – along the lines of Libya’s Transitional National Council, which managed to galvanize international support for its successful battle to topple Gaddafi.

Michael Doran of the Brookings Institute in Washington told a forum in Doha it would not work for Syria. “It’s not a ridiculous idea, but it’s not going to succeed,” he said.

A diplomat on the sidelines of the talks said international divisions in the U.N. Security council did not help.

“It’s a vicious circle. They are asking the opposition to unite when they admit they are not themselves united,” he said.

(Writing by Tom Perry and Samia Nakhoul; Editing by Alistair Lyon, Alastair Macdonald and Philippa Fletcher)

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US video game sales drop 25 percent in October

NEW YORK (AP) — A research firm says U.S. retail sales of new video game hardware, software and accessories fell 25 percent in October.

The drop marks the 11th straight month of declining sales for physical game products. Many gamers are waiting for big holiday releases such as Activision Blizzard Inc.‘s “Call of Duty: Black Ops II.”

The NPD Group said Thursday that sales fell to $ 755.5 million from $ 1 billion a year earlier.

Sales of video games themselves, excluding PC titles, fell 25 percent to $ 432.6 million. Sales of hardware such as Microsoft’s Xbox 360 fell 37 percent to $ 187.3 million. Sales of accessories, meanwhile, grew 5 percent to $ 135.6 million.

NPD estimates that retail sales account for about half of all video game spending. The rest is downloads, apps and the like.

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“Twilight” fans camp out days ahead of “Breaking Dawn-Part 2″

LOS ANGELES (Reuters) – Dozens of excited “Twilight” fans set up tents in Los Angeles on Thursday ahead of next week’s world premiere of the last film in the vampire romance franchise.

Some 2,200 people from all over the world have registered to camp on a concrete plaza outside a downtown Los Angeles movie theater, movie studio Summit Entertainment said.

The fans – most of them young women – will get guaranteed spots to see stars Kristen Stewart, Robert Pattinson and Taylor Lautner walk the red carpet for the November 12 premiere of “The Twilight Saga: Breaking Dawn – Part 2.”

Summit has laid on special activities during the five day wait, including a marathon screening of the four other films in the blockbuster franchise, surprise appearances from some cast members, and a “Twilight”-themed workout.

“We figured it was a once in a lifetime opportunity for some of us. This is the last movie. We’re never going to get to do it again and we wanted to hang out with some of our friends for the last one,” Bri-Anne Glover told Reuters Television as she settled in at the camp on Thursday.

“I love ‘Breaking Dawn’ because that’s kind of where I am in my life. I’ve got the husband, I’ve got my children, and we’re getting on with our lives and having a happy life and the same with Edward and Jacob and Bella,” said fan Eryka Bradford.

The “Twilight” books by author Stephenie Meyer have been a publishing sensation and the four movies have made more than $ 2.5 billion combined at box offices worldwide.

The final film sees the bliss of newlyweds Bella (Stewart) and Edward (Pattinson) and their daughter threatened by an ancient vampire coven.

“The Twilight Saga: Breaking Dawn – Part 2″ opens in several European countries on November 14 and arrives in U.S. movie theaters on November 16.

(Reporting by Lindsay Claiborn, editing by Jill Serjeant)

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Iron, omega-3s tied to different effects on kids’ brains

NEW YORK (Reuters Health) – For children with low stores of two brain-power nutrients, supplements may have different, and complex, effects, a new clinical trial suggests.

Iron deficiency is the most common nutritional deficiency worldwide, affecting about 2 billion people, according to the World Health Organization.

Poor children in developing countries are at particular risk for shortfalls in iron, as well as other nutrients, including the omega-3 fats found largely in oily fish.

So the new study looked at the effects of giving 321 schoolchildren in South Africa either supplements containing iron, omega-3s or both. All of the kids had low levels of both nutrients, which are vital for children’s growth and healthy brain development.

After about eight months, researchers found varied changes in the kids’ memory and learning abilities.

In general, children given iron showed improvements on tests of memory and learning. That was especially true if they had outright anemia – a disorder wherein the blood’s oxygen-carrying capacity is reduced, causing problems like fatigue and difficulty with concentration and memory.

For example, on a memory test, anemic kids given iron were able to recall an extra two words out of 12.

In contrast, there was no overall benefit linked to omega-3 supplements. And when the researchers zeroed in on kids with anemia, those who used omega-3s did worse than before on one test of memory.

Then there were the children with clear iron deficiency, but not anemia. Of those kids, girls who got omega-3s fared worse, while boys improved their test scores.

What it all means for kids with nutritional deficiencies is unclear, according to lead researcher Jeannine Baumgartner, of North-West University in Potchefstroom, South Africa.

One limitation of the study, she said in an email, is that the number of children in each group her team analyzed was small. There were 67 kids with anemia, for example.

Thus, “the results need to be interpreted cautiously,” Baumgartner told Reuters Health in an email.

There are still a lot of questions, according to Baumgartner, whose group’s findings are published in the American Journal of Clinical Nutrition.

The children in this study were 6 to 11 years old. But, Baumgartner said, animal research suggests brain deficits that take shape early in life might not be reversible.

“The question arises whether supplementation during school age might be too late to achieve beneficial effects on cognitive performance,” she said.

Still, the omega-3 findings are consistent with some recent animal research. Baumgartner said her team found that in rats deficient in both iron and omega-3s, giving either supplement alone seemed to worsen the animals’ memory performance. The picture was better, though, when the rats were given both iron and omega-3s.

In children, things are more complicated. Other nutritional deficiencies, as well as exposure to toxins like lead and the general effects of poverty could all dampen kids’ brain development, Baumgartner pointed out.

“We believe that more research is needed to investigate the biological and functional links between nutrients essential for brain development and cognitive functioning,” she said.

Since this study focused on impoverished children with low iron, and possibly other nutritional deficiencies, the results cannot be extended to children in general, according to Baumgartner.

In the U.S., recommendations call for babies to get an iron test during the first year of life to check for deficiencies. For healthy kids older than six months, the recommended iron intake varies from 7 to 15 mg of iron per day, depending on their age and sex.

There is a risk from getting too much iron and experts tell parents to ask their doctor before giving children iron supplements.

The current study was partly funded by Unilever, which makes omega-3-enriched spreads. Paul Lohmann GmbH provided the iron supplements, and Burgerstein AG provided the omega-3s.

SOURCE: http://bit.ly/RIna8G American Journal of Clinical Nutrition, online October 24, 2012.

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Exclusive: Schulze’s Best Buy bid seen in December, below $8 billion range

NEW YORK (Reuters) – An eventual bid for Best Buy Co Inc by founder Richard Schulze could come below his initial proposal of around $ 8 billion and is now not expected to be made before December, sources familiar with the matter said, in a new twist to the months-long saga at the struggling electronics retailer.

Schulze has done most of his due diligence on Best Buy and has formed a business plan to turn around the world’s largest consumer electronics chain, with his efforts now focused on securing financing commitments, the sources said.

At least three private equity firms – Apollo Global Management LLC, TPG Capital LP and Leonard Green & Partners LP – are considering joining Schulze in the bid, the sources said. Cerberus Capital Management LP, which was among the buyout firms that weighed joining the bidding group, is no longer working on the deal, one of the four sources said.

The sources declined to be identified because the information is not public.

Schulze said in August he could buy Best Buy for $ 24 to $ 26 per share, valuing the deal between $ 8.16 billion and $ 8.84 billion and if debt is included, as much as $ 10.9 billion.

But Best Buy’s shares have since fallen 24 percent to trade around $ 15.

While a final decision on the offer price has not been made, the drop in shares has raised the likelihood that Schulze’s bid could be below $ 24 per share, the sources said.

Schulze is expected to take a 30-day extension to mid-December for submitting a final proposal to Best Buy’s board, they said.

The consortium’s efforts to clinch equity and debt commitments for what could be one of the largest leveraged buyouts of the year were delayed by superstorm Sandy which disrupted operations at several major Wall Street banks.

An extension will also give Schulze and the buyout firms a chance to see how Best Buy is performing in the crucial Christmas holiday season, the sources said.

Best Buy and Apollo declined to comment. The other private equity firms could not be reached for comment.

Best Buy has seen its fortunes falter over the years, as consumers increasingly use its big box stores as showrooms for products they end up buying online at Amazon and other websites. To add to its troubles, the company forced out Schulze’s protegy Brian Dunn as CEO earlier this year amid allegations the executive was having an inappropriate relationship with a female employee.

That scandal also led to the ouster of Schulze, who founded the company in 1966, from the board, and to Best Buy hiring turnaround expert Hubert Joly as its CEO to come up with its own restructuring plan.

In October, the retailer, which has suspended its profit forecasts and share buybacks for the rest of the year, warned that earnings and same-store sales would fall in the third quarter. Joly plans to meet investors in New York on Tuesday to unveil his turnaround plan.

One analyst has said that Best Buy’s declining fortunes could make a buyout more attractive for some investors.

“We are starting to believe that current shareholders may be more receptive to Schulze’s previously disclosed offer of $ 24-$ 26 per share than we previously believed,” Morningstar analyst R.J. Hottovy said late last month.

There are no guarantees, however, that Schulze will ultimately be able to table an offer or that his eventual bid will be as attractive to shareholders.

Schulze has said he plans to fund any deal through a combination of private equity and debt financing, as well as the reinvestment of some of his own equity in the company.

(Reporting by Soyoung Kim, Olivia Oran and Dhanya Skariachan, Editing by Paritosh Bansal and Edwina Gibbs)

(This story was fixed to correct syntax in headline)

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Ghana building collapse traps dozens, kills 1

ACCRA, Ghana (AP) — A five-story shopping center built earlier this year in a bustling suburb of Ghana‘s capital collapsed Wednesday, killing at least one person and leaving several dozen people trapped in the rubble, authorities and eyewitnesses said.

Rescue crews used cranes to try and remove debris from the top of the building amid fears that machinery sifting through the wreckage could injure trapped survivors. Crowds of bystanders gathered as rescuers sifted through cement and glass.

The fatality at the Melcom Shopping Center at Achimota, a suburb of Accra, was confirmed by Public Affairs Officer of the Ghana Fire Service Billy Anaglate. “We are still working to find out the fate of others who may be trapped under,” he said.

Other officials told The Associated Press that the death toll was likely to rise.

An AP reporter at the scene saw at least one man pulled from the debris, covered in dust and who was then whisked into an ambulance.

A Greater Accra Regional Public Affairs officer, deputy superintendent Freeman Tettey, confirmed that one person died and told the AP that 51 have been rescued and sent to hospitals around the capital.

“I was on my way to the shop when l saw it crumpling down,” Kojo Boadi, an eyewitness, said.

President John Mahama declared the scene a disaster zone and cut short his election campaign in the north of the country to be able to visit the site. The presidential election is scheduled for December.

The five-story store opened in February is part of the Melcom chain owned by Indian immigrant magnate, Bhagwan Khubchandani. His late father arrived in Ghana in 1929 as a 14-year-old to work as a store boy in the-then Gold Coast.

The store sells a variety of cheap, imported household goods and appliances that are popular with working-class Ghanaians.

Africa News Headlines – Yahoo! News

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