Monday, June 3, 2013

Monday June 3rd, 2013 at 7:24 PM

5:53 PM AST on June 03, 2013

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5:53 PM AST on June 03, 2013
5:49 PM AST
Weather Underground midday recap for Monday, June 03, 2013. Wet and unsettled weather continued across much of the Eastern Seaboard and along the Gulf Coast on Monday as a slow moving cold front continues Eastward across the region toward the East Coast. Plenty of moisture from the Gulf of Mexico streaming ahead of this frontal disturbance combined with continued instability along and near the front translated into another round of scattered showers and thunderstorms from southern New England through the southeastern corner of the nation. Periods of heavy rainfall also fell in areas of the Mid-Atlantic and near coastal areas of the southern New England areas. As this disturbance shifted eastward, a cooler and drier airmass followed and spread across the East, instigating a cooling trend across much of the region. Elsewhere in the East, rain and thunderstorms continue in the Florida Peninsula on Monday as southeasterly flow ushered tropical moisture across the region. Out West, a frontal system in the Pacific Northwest continued across the Intermountain West with areas of scattered showers and thunderstorms. Meanwhile, a trough of low pressure developed across the Rockies and triggered a few clusters of strong to potentially severe thunderstorms with hail and damaging wind gusts in the Plains during the afternoon. Areas from central South Dakota into Nebraska, western Kansas, and Oklahoma and Texas Panhandles remained at slight risk of this severe weather activity on Monday.
Weather Underground midday recap for Monday, June 03, 2013. Wet and unsettled weather continued across much of the Eastern Seaboard and along the Gulf Coast on Monday as a slow moving cold front continues Eastward across the region toward the East Coast. Plenty of moisture from the Gulf of Mexico streaming ahead of this frontal disturbance combined with continued instability along and near the front translated into another round of scattered showers and thunderstorms from southern New England through the southeastern corner of the nation. Periods of heavy rainfall also fell in areas of the Mid-Atlantic and near coastal areas of the southern New England areas. As this disturbance shifted eastward, a cooler and drier airmass followed and spread across the East, instigating a cooling trend across much of the region. Elsewhere in the East, rain and thunderstorms continue in the Florida Peninsula on Monday as southeasterly flow ushered tropical moisture across the region. Out West, a frontal system in the Pacific Northwest continued across the Intermountain West with areas of scattered showers and thunderstorms. Meanwhile, a trough of low pressure developed across the Rockies and triggered a few clusters of strong to potentially severe thunderstorms with hail and damaging wind gusts in the Plains during the afternoon. Areas from central South Dakota into Nebraska, western Kansas, and Oklahoma and Texas Panhandles remained at slight risk of this severe weather activity on Monday.
5:49 PM AST
83.1
93
7.0
Tomorrow Night
77 °F
20% chance of precipitation
Tomorrow is forecast to be temperature as today.
29.99
21006500
METAR TJSJ 032056Z 07013G24KT 9SM FEW021 SCT065 30/24 A2999 RMK AO2 SLP156 HZ ALQDS T03000239 56004
93
7.0
18.0
0.0
Partly cloudy with a chance of a thunderstorm and rain in the evening, then clear. Low of 77F. Winds from the ESE at 10 to 15 mph. Chance of rain 20%.
Clear in the evening, then overcast. Low of 75F. Winds from the ESE at 10 to 15 mph.
Partly cloudy. High of 88F with a heat index of 93F. Winds from the East at 10 to 15 mph.
Clear. Low of 77F. Winds from the ESE at 5 to 15 mph.
Partly cloudy with a chance of a thunderstorm. High of 86F with a heat index of 93F. Winds from the SE at 10 to 15 mph. Chance of rain 40%.
Clear. Low of 75F. Winds from the East at 5 to 15 mph.
Partly cloudy. High of 86F with a heat index of 93F. Winds from the East at 5 to 10 mph.
Mostly cloudy. Low of 77F. Winds from the ESE at 5 to 10 mph.
Partly cloudy with a chance of a thunderstorm. High of 86F. Winds from the ESE at 5 to 10 mph. Chance of rain 40%.
Partly cloudy. Low of 79F. Winds from the ESE at 5 to 15 mph.
Partly cloudy with a chance of a thunderstorm. High of 86F. Winds from the East at 10 to 15 mph. Chance of rain 20%.
Partly cloudy with a chance of a thunderstorm. Low of 79F. Winds from the East at 10 to 15 mph. Chance of rain 40%.
Clear. Low of 77F. Winds from the East at 10 to 15 mph.
20%
at 5:50 PM AST on June 03, 2013
at 5:50 PM AST on June 03, 2013
at 5:50 PM AST on June 03, 2013
Partly cloudy with a chance of a thunderstorm and rain in the evening, then clear. Low of 77F. Winds from the ESE at 10 to 15 mph. Chance of rain 20%.
20
at 5:50 PM AST on June 03, 2013
Clear in the evening, then overcast. Low of 75F. Winds from the ESE at 10 to 15 mph.
12305
at 5:50 PM AST on June 03, 2013
Partly cloudy. High of 88F with a heat index of 93F. Winds from the East at 10 to 15 mph.
Clear. Low of 77F. Winds from the ESE at 5 to 15 mph.
at 5:50 PM AST on June 03, 2013
Partly cloudy with a chance of a thunderstorm. High of 86F with a heat index of 93F. Winds from the SE at 10 to 15 mph. Chance of rain 40%.
Clear. Low of 75F. Winds from the East at 5 to 15 mph.
West9 mph
65
4639
Clear
at 5:50 PM AST on June 03, 2013
Partly cloudy. High of 86F with a heat index of 93F. Winds from the East at 5 to 10 mph.
Mostly cloudy. Low of 77F. Winds from the ESE at 5 to 10 mph.
9 mph9 mph9 mph
315486
Mostly Cloudy
at 5:50 PM AST on June 03, 2013
Partly cloudy with a chance of a thunderstorm. High of 86F. Winds from the ESE at 5 to 10 mph. Chance of rain 40%.
Partly cloudy. Low of 79F. Winds from the ESE at 5 to 15 mph.
| 74
8 mphESE9 mphESE9 mphESE
806981
5731
Chance of a Thunderstorm
at 5:50 PM AST on June 03, 2013
Partly cloudy with a chance of a thunderstorm. High of 86F. Winds from the East at 10 to 15 mph. Chance of rain 20%.
Partly cloudy with a chance of a thunderstorm. Low of 79F. Winds from the East at 10 to 15 mph. Chance of rain 40%.
80 | 74
9 mphESE13 mph
8280
Chance of Precip.00
313643
at 5:50 PM AST on June 03, 2013
Clear. Low of 77F. Winds from the East at 10 to 15 mph.
8186
484331
ConditionsClear
at 5:50 PM AST on June 03, 2013
| 74| 7581 | 75| 75
%70%81%86%
22%23%
Source: BestForecast at 5:50 PM AST on June 03, 2013
Descriptive Forecast
Hourly Forecast6AM12 Noon6PM12 Midnight
Temp.Dew Point| 74| 7581 | 75
Wind12 mph12 mph14 mph
Humidity86%82%
Cloud Cover21%%%
Sunrise & Sunset
Sun does not rise
82.0
86.0
84.0
Waning Crescent, 20% of the Moon is Illuminated
1,617,298 photos uploaded!
12 days ago
2 hours ago
1 day ago
864:56 PM AST
5:44 PM AST
864:50 PM AST
4:50 PM AST
13.0
78°
METAR TJSJ 032056Z 07013G24KT 9SM FEW021 SCT065 30/24 A2999 RMK AO2 SLP156 HZ ALQDS T03000239 56004
EventDateForecast
Indians vs. Yankees7:05 PM EDT on June 03, 2013Thunderstorm, 72
Marlins vs. Phillies7:05 PM EDT on June 03, 2013Rain Showers, 72
EventDateForecast
Columbus vs. Philadelphia7:30 PM EDT on June 05, 2013Clear, 70
Córdoba CF vs. Numancia12:00 PM CEST on June 08, 2013Chance of Rain, High 71° F/ 22° C
EventDateForecast
Party in the Poconos 400 presented by Walmart1:18 PM EDT on June 09, 2013Chance of a Thunderstorm,70 °F
Quicken Loans 4001:16 PM EDT on June 16, 2013Average High 77° F/ 24° C
EventDateForecast
FedEx St. Jude Classic8:30 AM CDT on June 06, 2013Chance of a Thunderstorm, 70 °F
FedEx St. Jude Classic8:30 AM CDT on June 07, 2013Chance of a Thunderstorm, 70 °F
San Juan Weather Stations
5:18 PM AST
83.15:49 PM AST
5:00 PM AST
90.11043.85:53 PM AST
985:53 PM AST
83.8900.75:52 PM AST
83.810.75:53 PM AST
89.5533:19 PM AST
88.5535:53 PM AST
81.310.05:51 PM AST
81.5895:30 PM AST
83.6895:48 PM AST
75.9903.00.095:51 PM AST

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U.N. arms treaty a direct threat to American gun ownership

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Oxfam America has long served as a reliable cheerleader for nearly all misguided United Nations policy. However, Oxfam America President Raymond Offenheiser’s Friday op-ed (“President should ignore fear mongering and sign arms treaty”) is an exceptional illustration of this blind allegiance. Offenheiser wants us to simultaneously believe the U.N. Arms Trade Treaty is both the single most important tool to cracking down on war crimes and that the treaty has absolutely no teeth whatsoever. That’s twisted logic for sure. Here’s the truth.
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Page 4

Response due to N.Y. attorney general over Puerto Rican beer cans - VOXXI

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Response due to N.Y. attorney general over Puerto Rican beer cans
VOXXI
“It was never MillerCoors' intention to disrespect the Puerto Rican community, and/or any of its symbols,” said Lugo in a statement reported by the New York Daily News. “The company's intention was to celebrate pride and heritage.” The attorney general ...
MillerCoors stands by Puerto Rican Day parade amidst can controversyThe Business Journal of Milwaukee (blog)
MillerCoors Pulls Special Edition Puerto Rican Day Parade Cans from ShelvesThe Daily meal
Esther J. Cepeda: Nothing to drink toYork Daily Record

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Governor says B2B levy still in play as clock ticks toward budget

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Governor says B2B levy still in play as clock ticks toward budget deadline

Gov. Alejandro García Padilla is discarding any cuts to his proposed $9.83 billi ...

Data shows deep glut of lawyers in PR

Puerto Rico appears to have one of the deepest gluts of lawyers in the United St ...

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Closing Bell for Monday on Wall Street: Markets Wobble, But Finish Higher today 

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Bull and Bear figuresU.S. equity markets opened higher this morning following a slightly upbeat report on eurozone manufacturing PMI. While not yet in positive territory, eurozone PMI rose as a whole and rose in most European countries as well, with the U.K. posting a reading of 51.3. The eurozone economy continues to contract but the trend is demonstrating improvement. China’s manufacturing PMI also rose slightly. In the U.S. the ISM manufacturing index came in at a disappointing 49.0. U.S. construction spending rose slightly in April.
The U.S. dollar index is trading down 0.92% today, now at 82.6080. The GSCI commodity index is down 1.1% at 615.46. WTI crude oil closed up 1.6%, at $93.45 a barrel. Brent crude trades up 1.7% at $102.11 a barrel. Natural gas is up 0.3% today at about $4.00 per million BTUs. Gold settled up 1.4% today at $1,411.90.
The unofficial closing bells put the DJIA up more than 137 points to 15,252.95 (0.91%), the NASDAQ rose more than 9 points (0.27%) to 3,465.37, and the S&P 500 rose 0.59% or nearly 10 points to 1,640.38.
There were a several analyst upgrades and downgrades today, including:
  • HomeAway Inc. (NASDAQ: AWAY) started as ‘sell’ at Monness Crespi & Hardt;
  • Best Buy Co. Inc. (NYSE: BBY) raised to ‘buy’ at SunTrust Robinson Humphreys;
  • Intel Corp. (NASDAQ: INTC) raised to ‘outperform’ at FBR Capital Markets;
  • LinkedIn Corp. (NYSE: LNKD) started as ‘outperform’ at Credit Suisse; and
  • Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) started as ‘overweight’ with a price target of $40 at Barclays.
Earnings reports since markets closed last Friday have resulted in one notable price change today: Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL) is up 5.7% at $94.57 after posting a new 52-week high of $97.13 earlier today.
Before markets open tomorrow morning we are scheduled to hear earnings from SAIC Inc. (NYSE: SAI) and Dollar General Corp. (NYSE: DG).
Some standouts among heavily traded stocks today include:
Merck & Co. Inc. (NYSE: MRK) is up 3.8% at $48.45 after posting a new 52-week high of $49.36 earlier today. The drug company announced good results over the weekend for its melanoma treatment.
Affymax Inc. (NASDAQ: AFFY) is down 14.9% at $1.77. The drug maker today terminated a supply agreement and resolved other disputes related to its recall of anemia drug Omontys.
BlackBerry (NASDAQ: BBRY) is down 2.7% at $13.58. The smartphone maker had no news today, but a recent report on mobile phone operating systems market share leaves little room for the company’s latest BlackBerry 10 platform.
Zynga Inc. (NASDAQ: ZNGA) is down 9.3% at $3.09. The social game maker’s stock was halted this afternoon when it announced a layoff of more than 500 employees.
Stay tuned for Tuesday. Fed Governor Sarah Bloom Raskin, Kansas City Fed President Esther George, and Dallas Fed President Richard Fisher are speaking. We have also noted the following events on the schedule (all times Eastern):
  • 8:30 a.m. – International trade data
  • 11:30 a.m. – 4-week bill auction

Filed under: 24/7 Wall St. WireHI/LOWMarket Close Tagged: AFFYAWAYBBRYBBYCBRL,DGFCXINTCLNKDMRKSAIZNGA
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IRS Faulted on Conference Spending - 1:00 PM 6/3/2013

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IRS Faulted on Conference Spending

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U.S.-China summit offers chance at improved relations

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Many people have spoken of the “mutual strategic suspicion” that exists between China and the United States. That suspicion is real and deep. It greatly inhibits the ability of the two countries to move boldly forward together on a common agenda.

To overcome that suspicion, many people have called for building “mutual strategic trust.” But that is probably too ambitious a goal in the short to medium term. Rather, we should seek to build mutual confidence, predictability and transparency.  

Rising rates: Reason to worry or sign of strength? Read: http://ow.ly/lEAeV #car... 

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PR economy now in red... - CB - 1:07 PM 6/3/2013

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