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Reuters Insider - Inside the News: Two Blasts in Maryland State Buildings

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 Source:             Thomson Reuters                                   
                                                                       
 Description:        Two packages exploded inside state government     
                     buildings in Maryland with media reports that as  
                     many as six people have been injured.             
 
 
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 Short Link:  http://reut.rs/1tuLEtD  
 
 
Transcript (May be auto-generated)

                 Time to go Inside the News at 3PM. Two packages exploded in two separate 
Maryland state government buildings. A Federal law enforcement official told 
Reuters one was in the mailroom of the Maryland Department of Transport Facility
and Hanover while the other was in a mail handling facility in a state building 
in Annapolis. The Baltimore Sun reports the Maryland state house mailroom 
employee was injured and taken to the hospital. A bomb squad and the FBI were on
the scene. The official told Reuters the package is detonated erupting in a 
smoke and flames but then no one was hurt or seriously injured and no one was 
taken to the hospital. The Sun reports the Jeffrey Building in Annapolis 
includes a number of gubernatorial staff offices including the offices of 
homeland security. 

Local media reported that at least up to six were hurt in the blast. Turning now
to Wall Street, the Euro is falling to a 5-week low against the Dollar. Traders 
tell Reuters that a fall below a $1.30 in the Euro could accelerate losses to 
$1.25. The Euro came under heavy selling pressure after spreads between 
peripheral Euro zone government bond yields and benchmark German debt widened on
concerns about the region spreading debt crisis. A strong US Dollar and weak 
holiday same store sales from retailers put pressure on commodities. After a 
brief rebound yesterday, oil prices are falling below $89 a barrel. Gold futures
lower for the third straight day. Reuters Commodities Specialist Christopher 
Henwood says gold found support today at the 1,364 level and technicals are 
pointing toward continued weakness. But the correction is running out of steam. 
He says look for 1,342.70 to provide further support to gold futures. The S&P 
Retail Index is falling more than 1% after several retailers' December sales 
numbers failed to live up to expectations. But Thomson Reuters Proprietary 
Research Director Jharonne Martis-Olivo says mixed results in December still 
yielded a strong holiday shopping season. It's very important to know that 
retailers were facing difficult comparisons to a year ago and still managed to 
post a robust 3.1% making it the strongest holiday season November-December 
combined since 2006. And for 2011, we expect to continue to see the 2%-4% growth
range that we've seen since 2010. 

In today's Hot Stocks, shares of Hauppauge Digital are changing hands at about 
16 times their average daily volume over the past 30 days. The company unveiled 
a slew of devices for streaming a live TV over laptops at the Consumer 
Electronics Show in Las Vegas. Among the items: a new TV streamer for Apple 
devices that allows consumers to watch TV via a Wi-Fi connection. Hauppauge is 
one of the top percentage gainers on the NASDAQ today and shares are soaring 
more than 59%. And shares of Ruby Tuesday are trading more than five times their
average daily volume. 

The casual dining chain posted quarterly results that beat analyst estimates 
helped by increased traffic from its value menu options. Shares are up more than
5%. At 3:30PM, find out why Japanese investors need to diversify their 
investments to take on more risk with Oki Matsumoto, the CEO of Monex, Japan's 
second largest online brokerage. And join us tomorrow when Reuters Insider 
breaks down the December jobs report and what it means for the Fed's 
controversial bond buying program. We go inside the numbers with PIMCO's Tony 
Crescenzi, Wachovia's John Silvia and IFR's Jeoff Hall. That's at 8:26AM New 
York Time on Reuters Insider, 8:28AM rather. I'm Fred Katayama. This is Reuters 
Insider

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