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Source: http://www.nbcnews.com/video/cnbc/51949457/
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Tuesday, May 21, 2013
Man pleads guilty in Picasso vandalism case
HOUSTON (AP) ? A man accused of vandalizing a 1929 Pablo Picasso painting in a Houston museum ? an act that was caught on cellphone video ? agreed Tuesday to a two-year prison term as part of a plea deal with prosecutors.
Uriel Landeros had faced felony graffiti and criminal mischief charges accusing him of spray-painting "Woman in a Red Armchair" at the Menil Collection.
Emily Detoto, Landeros' attorney, said that after negotiating with prosecutors during a court hearing, her client agreed to plead guilty to the graffiti charge in exchange for a minimal prison sentence. The other charge was dropped. Landeros had faced up to 10 years in prison.
Detoto said Landeros, 22, wanted the criminal mischief charge dismissed because he believed "what he did to the painting was not criminal mischief, it was an artistic statement, an expression, much like graffiti art is."
"He acknowledged what he did was wrong in terms of he caused damage to the painting. But he also understood that a lot of times to make a point you have to go to these extremes," she said.
The painting was damaged June 13 and a bystander captured the act in a 24-second video that was posted on YouTube. The vandal left behind an image of a bullfighter, a bull and the word "conquista," the Spanish word for conquest.
Landeros, a U.S. citizen, fled to Mexico after the incident. He surrendered to authorities at the U.S.-Mexico border in January.
"It's good the judicial process has done its work and come to a conclusion," said Menil spokesman Vance Muse.
Detoto said there is a good chance her client could be quickly paroled once he is placed into the Texas prison system. He will get credit for the five months in jail he's already served, and Detoto noted the crime wasn't violent.
After his release from prison, Landeros plans to return to the University of Houston and finish the one semester he has left to get his bachelor's degree, Detoto said.
"He plans to continue with his art career. We're hopeful that he'll be able to turn a positive out of this experience," she said.
Muse said the painting's restoration "is close to completion." He said no date has been set on when it would be put back on display.
The vandalism charges garnered Landeros national attention, and a Houston art gallery raised the ire of the local art community in October by staging a show of his works.
It was not the first time one of Picasso's works has been vandalized. In 1999, an escaped mental patient in Amsterdam cut a hole in the middle of his "Woman Nude Before Garden," a 1956 painting.
Other works of art have also been the target of vandals. In October, a vandal scrawled graffiti on a mural by modern American master Mark Rothko at London's Tate Modern. The "Mona Lisa" has been attacked several times, including with acid, a rock and even a teacup.
___
Follow Juan A. Lozano on Twitter: www.twitter.com/juanlozano70
Source: http://news.yahoo.com/man-pleads-guilty-picasso-vandalism-case-212955410.html
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Indians blank Mariners 6-0
CLEVELAND (AP) ? Cy Young himself wouldn't want to mess with the Indians right now.
Justin Masterson struck out a season-high 11 in seven shutout innings and Michael Brantley hit a three-run homer and drove in four runs off Felix Hernandez as Cleveland toppled yet another former Cy Young Award winner on Sunday with a 6-0 victory over the Seattle Mariners.
Brantley connected in the second inning off Hernandez (5-3), who failed to go at least six innings for the first time this season.
The Indians, who improved to 17-4 since April 28, are 7-1 this season against Cy Young recipients. They've knocked off Hernandez, R.A. Dickey, David Price, Roy Halladay, Cliff Lee, Bartolo Colon and Justin Verlander. The Indians are taking pride in knocking off trophy-winning pitchers.
"We just take it as a challenge," Indians first baseman Nick Swisher said. "We've got that scrappy-type and gritty-type of team. It may not always be pretty, man, but somehow we're going to find a way to get it done. We just love coming to the ballpark right now.
"Things are rocking," Swisher said.
Before the game, Brantley said the Indians talked about taking down another trophy-winning pitcher.
"We're loose and we're not holding nothing back," Brantley said. "Everybody has smiles on their faces. We just want to make sure we enjoy this. We're playing great baseball right now and we just want to keep it up."
Staked to an early lead, Masterson (7-2) was dominant for the second straight start. He allowed three singles, easily outdueled Hernandez and ran his consecutive scoreless innings streak to 19. He shut out the New York Yankees 1-0 on four hits in his previous outing.
"From the very first pitch of the game he came out firing," Indians manager Terry Francona said. "He was not only firing, but he was pitching. He was using both sides of the plate. He was using a two-seamer, four-seamer, throwing breaking balls to both sides of the plate. He kept going up, down, in, out. He worked ahead."
The AL Central-leading Indians are a baseball-best 20-7 since April 20.
"We've got a good thing going in here," Swisher said. "We've got a lot of confident, excited guys and we're going out and proving that."
Following walkoff wins in the first two games of the series, Cleveland took the drama out of this one early, building a 5-0 lead after two innings against Hernandez.
The 2010 Cy Young winner, who left his previous start after six innings with back stiffness, came in with the league's lowest ERA (1.53) but it rose to 2.07 after he gave up six runs and eight hits in five innings. Hernandez struck out eight, including the final three batters, but he was wasn't on his game ? and neither were the Mariners.
Seattle was only charged with one error, but the Mariners made several mental mistakes that helped the Indians.
"You're going to have games like that when a couple of things happen and you make a couple of mistakes," Mariners manager Eric Wedge said. "That's what happened to us. It was one of those days for Felix and one of those days for us."
It's not like Masterson needed much help.
The big right-hander overpowered the Mariners, who couldn't catch up to his 97 mph fastball and only had two runners reach second base against him. The Indians were hoping Masterson could develop into their ace, and so far this season he's been the dependable front-of-the-rotation starter they desperately needed.
"His stuff is dominant," Francona said. "He's been consistent, but consistent at a level with his velocity, breaking ball, ability to hold runners. He's just done everything."
Pitching with a six-run lead, he got stronger as the game progressed. He struck out five of the last six batters he faced and fanned seven in the last three innings.
Last season was a struggle for Masterson, who went 11-15 with a 4.93 ERA.
So what's he doing better?
"Everything," he said, laughing.
Brantley's three-run homer with two outs in the second gave the Indians a 5-0 lead over Hernandez.
The right-hander, who needed 35 pitches to get through the first, retired the first two hitters on groundouts before Michael Bourn singled and went to third on Jason Kipnis' base hit to center. Brantley then drove an 0-1 pitch into the Indians' bullpen in center for just his second homer.
It was a stunning development against Hernandez, who came in having allowed just four earned runs in 44 innings over his past six starts.
In the eight starts against the Indians, the former Cy Young winners have a collective 8.21 ERA.
A fundamental gaffe by Hernandez allowed the Indians to add a run in the fourth. With Mike Aviles at second after a double, Drew Stubbs topped a ball into the dirt that catcher Jesus Montero fielded in front of the plate and threw to first for the out. Aviles never slowed coming around third and scored easily because Montero got caught up the line and Hernandez failed to cover home.
"That's just beautiful right there," Masterson said. "Those are the type of things you want to see, and that's what defines this team and makes it so special."
NOTES: Cleveland's starters are 13-4 in the past 21 games. ... The Indians are 6-0-4 in their last 10 series. ... White Sox RHP Jake Peavy is the only former Cy Young winner to beat the Indians this season. ... Masterson is the fifth starter to record double-digit strikeouts against the Mariners in 2013. ... The Indians will try to complete the four-game sweep on Monday as the teams conclude their wrap-around series with a matinee. ... The Indians are 9-1 against the AL West. ... Cleveland has seven shutouts, its most through 42 games since 2008.
Source: http://news.yahoo.com/indians-blank-mariners-6-0-195923275.html
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Monday, May 20, 2013
Actavis buying Warner Chilcott in $8.5B deal
NEW YORK (AP) ? Actavis is buying Warner Chilcott in an all-stock transaction valued at about $8.5 billion which would create the third-biggest specialty pharmaceutical company in the U.S.
The announcement on Monday comes after the two companies said earlier this month that they were in talks about a possible combination. It also follows reports that Parsippany, N.J.-based Actavis rebuffed takeover bids from companies including Mylan Inc. and Canadian drugmaker Valeant Pharmaceuticals International Inc. and that Swiss drugmaker Novartis AG was considering a bid.
Actavis was formed last fall through a $5.6 billion combination of Watson Pharmaceuticals of New Jersey and Actavis of Switzerland. Actavis sells versions of the deep vein thrombosis treatment Lovenox, asthma medication Xopenex, attention deficit hyperactivity disorder drugs Adderall XR and Concerta, and the cholesterol fighter Lipitor, among many other products. It also has a pharmaceutical distribution business called Anda.
With the Warner Chilcott purchase, the new company is expected to be called Actavis PLC and will be incorporated in Ireland, where Warner Chilcott is currently incorporated. It is anticipated to have about $11 billion in combined annual revenue.
Actavis President and CEO Paul Bisaro said in a statement that the acquisition will provide support for the launch of new products over the next several years, specifically in the women's health category. He said these include Minastrin 24 Fe, Esmya, metronidazole vaginal gel 1.5%, the progestin-only contraceptive patch and other women's health products in development through its recent buyout of Uteron Pharma SA.
Bisaro said the Warner Chilcott transaction also gives Actavis a broader portfolio of specialty products that have the potential to be commercialized outside North America.
Warner Chilcott shareholders would own a 23 percent stake in the new company.
Warner Chilcott PLC shareholders will receive 0.160 shares of the new company for each share they own. This equals $20.08 per share, which is a 5 percent premium to Friday's closing price of $19.21. Actavis Inc. shareholders will receive one share of the new company for each share they own at closing.
Both companies' boards unanimously approved the deal, which is expected to close by year's end. It still needs the approval of the majority of shareholders of both companies.
Shares of the new company are expected to trade under the "ACT" ticker symbol on the New York Stock Exchange.
Shares of Actavis climbed $3.20, or 2.6 percent, to $128.70 in Monday premarket trading, while Warner Chilcott's stock gained 64 cents, or 3.3 percent, to $19.85.
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SKorea says NKorea fires 3 short-range missiles
SEOUL, South Korea (AP) ? North Korea fired three short-range guided missiles into its eastern waters on Saturday, a South Korean official said. It routinely tests such missiles, but the latest launches came during a period of tentative diplomacy aimed at easing tensions.
The North fired two missiles Saturday morning and another in the afternoon, South Korean Defense Ministry spokesman Kim Min-seok said by phone. He said the North's intent was unclear. His ministry said it is watching North Korea carefully in case it conducts a provocation against South Korea.
In March, North Korea launched what appeared to be two KN-02 missiles off its east coast. Experts believe the country is trying to improve the range and accuracy of its arsenal.
North Korea recently withdrew two mid-range "Musudan" missiles believed to be capable of reaching Guam after moving them to its east coast earlier this year, U.S. officials said. The North is banned from testing ballistic missiles under U.N. Security Council resolutions.
Earlier this year, North Korea threatened nuclear strikes on Seoul and Washington because of annual U.S.-South Korean military drills and U.N. sanctions imposed over its third nuclear test in February. The drills ended late last month. This past month, the U.S. and South Korea ended another round of naval drills involving a nuclear-powered aircraft carrier off the east coast. North Korea calls such drills preparation to invade the North.
Analysts say the recent North Korean threats were partly an attempt to push Washington to agree to disarmament-for-aid talks.
This past week, Glyn Davies, the top U.S. envoy on North Korea, ended trips to South Korea, China and Japan. On Friday, an adviser to Japanese Prime Minister Shinzo Abe returned from North Korea but didn't immediately give details of his talks with officials there.
On Monday, North Korean state media showed that the country's hard-line defense minister had been replaced by a little-known army general. Outside analysts said it was part of leader Kim Jong Un's efforts to tighten his grip on the powerful military after his father Kim Jong Il died in December 2011.
The United States and Japan are participants in six-nation nuclear disarmament talks along with the Koreas, Russia and China. North Korea walked out of the talks in 2009 after the United Nations condemned it for a long-range rocket launch.
North Korea possesses an array of missiles. U.S. and South Korean officials do not believe the North's claim that it has developed nuclear warheads small enough to place on a missile. Last week in Washington, South Korean President Park Geun-hye and President Barack Obama warned North Korea against further nuclear provocations.
Tension between the two Koreas remains high after both sides pulled out their workers from a jointly run factory complex earlier this year. The countries remain technically at war after the 1950-53 Korean War ended in a truce instead of a peace treaty.
Source: http://news.yahoo.com/skorea-says-nkorea-fires-3-short-range-missiles-075933659.html
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