Buccaneers deal TE Winslow to Seattle, sign Clark

TAMPA, Fla. (AP) ? The Tampa Bay Buccaneers traded tight end Kellen Winslow to the Seattle Seahawks for a draft pick on Monday night and signed former Colts star Dallas Clark to replace him.

Earlier in the day, Winslow told SiriusXM radio that first-year coach Greg Schiano was "kind of upset" that Winslow has not been working out with the team during the offseason.

"That's kind of shocking, but that's what it is," Winslow said, adding that Schiano told him the coach "would help me out with a trade."

Winslow has been one of Tampa Bay's best offensive players since being acquired from Cleveland in a trade three years ago. He had 77 receptions for 884 yards and five touchdowns in 2009, 66 catches for 730 yards and five TDs in 2010 and 75 receptions for 763 yards and two TDs in 2011.

Tampa Bay received a conditional 2013 draft pick in the deal.

Winslow will join a tight end unit that already includes Zach Miller, who Seattle gave a big contract last offseason, and promising young prospect Cameron Morrah, who has struggled with injuries early in his career. The Seahawks lost tight end John Carlson in the offseason after he signed with Minnesota.

Tampa Bay gets a player who was one of Peyton Manning's favorite targets.

Clark, who turns 33 next month, spent nine seasons with Indianapolis and had 427 career receptions for 4,887 yards and 46 touchdowns. Last season, without Manning and limited by injuries to 11 games, Clark had 34 catches for 352 yards and two touchdowns.

Winslow, despite a history of injuries and undergoing several knee surgeries during his career, appeared in every game over the past three seasons for Tampa Bay.

The 28-year-old was the sixth overall pick in the 2004 draft by the Browns, who sent him to Tampa Bay in exchange for second- and fifth-round draft choices. Winslow has 437 career receptions for 4,836 yards and 23 touchdowns.

Winslow said he has been working out near his home in San Diego and missed last week's initial set of organized team activities in Tampa. He said he was planning to join the team on Monday, but that he got a call from Schiano on Saturday.

"He was kind of upset that I wasn't there working out with the team in the offseason and for the first week of OTAs," Winslow said during the interview with SiriusXM.

"But I've been there the last three years and I've had a successful career so far," he added. "You don't just get rid of one of your best players because of that. ... I don't have nothing bad to say about coach Schiano. It was just a disagreement on why I'm not there yet."

Associated Press

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Floundering? Hardly. U.S. Fisheries Continue to Improve

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European shares dip as Spanish banks fall

LONDON (Reuters) - The euro neared a three-month low and safe-haven German bonds and the Japanese yen rose on Wednesday as political disarray in Greece and the rising costs of fixing Spain's banks fueled fears the euro zone debt crisis would take a sharp turn for the worse.

The concerns over Europe added to worries about the impact of softer growth in the U.S. on the global economy to push down European shares. Wall Street was also poised to open lower <.n>, oil prices were down for a sixth straight session and the commodity-linked Australian dollar hit new lows.

Spanish 10-year bond yields climbed back above 6 percent - a point away from levels deemed unsustainable - and investors kept a wary eye on Athens, where efforts to form a government were expected to fail, putting its bailout deal in doubt and raising the possibility of Greece being forced out of the euro.

"The sensitivity to political developments in Greece is largely a reflection that the probability of Greece exiting the euro, posing a significant threat to global financial stability, has increased," Lee Hardman, currency economist at Bank of Tokyo-Mitsubishi UFJ said.

The euro fell 0.2 percent to $1.2970, closing in on a three-month low near $1.2955 touched on Monday below the $1.30 to $1.35 range it has traded within for most of the year.

"We still think the euro will head lower with $1.2950 the level to break in the near-term," said Lauren Rosborough, senior FX strategist at Societe Generale, who have a medium-term target of $1.2500.

The Japanese currency was a big beneficiary of the weaker euro, climbing to a two-and-a-half month high versus the dollar of 79.61 yen as investors sought safety.

The dollar itself remained supported against a basket of currencies by its own status as a safe haven, with the dollar index <.dxy> up 0.2 percent at 79.943.

Some analysts argued fears of a Greek exit from the euro were overblown.

Credit Suisse said while the probability of Greece leaving the euro had risen, the massive implications the move would have for the major nations within the 17-member currency bloc still made it unlikely.

"We now put a 15 percent probability of Greece leaving the euro, up from a previous estimate of 5 percent," the bank's equity strategists said in a note.

The key reason this probability remained low was that 70 percent of the country's debt was owned by the official sector, which includes the IMF, the European Central Bank and the EU.

"If Greece left the Euro-area, then the default on sovereign debt would be worse than that if it stayed in the euro-area."

SPANISH BANK DRAIN

Added to the fears over Greece were worries about the cost of cleaning up the Spanish banking system after financial sources told Reuters the government would demand its banks raise around a further 35 billion euros in provisions against loans in their property portfolios.

The government and the banks in Spain are belatedly recognising a multi-billion funding gap in the financial system linked to a 2008 property crash that has heightened fears the country may need an international bailout.

The impact of the cash demand on Spanish banks sent the main euro zone bank index down 3.3 percent, dragging down the FTSE Eurofirst index of top European shares by 1 percent to 1,007.80 points.

While the escalation in concerns about the euro zone and its potential to be a further drag of global growth pushed the MSCI world equity index down 0.6 percent to 315.79 and near lows last seen in February.

GERMAN DEBT GAINS

In the debt markets the fragility of Spain's banking system saw Spanish 10-year government bond yields climb 16 basis points to 6.03 percent, and above the 6 percent mark that could see the rise in yields accelerate if the break is sustained.

The cost of insuring Spain's debt against default also rose 19 basis points to 512 basis points.

And with investors fleeing the peripheral euro zone debt markets the German debt market, already offering ultra-low yields, posted new records.

The key 10-year German government bond set a record low yield of 1.524 percent and the German Bund futures contract hit an all-time high of 142.75.

The government was able to capitalise on the safe haven demand by selling old four billion euros of new five-year bonds with a record low coupon of 0.5 percent.

News that exports and imports rose to record monthly levels in March was another signal that Europe's largest economy is fending off the euro zone debt crisis far better than others.

In commodity markets Brent crude slipped towards $112 a barrel, on track for its longest losing streak in almost two years and U.S. crude was at $96.35, down 66 cents.

The commodity-linked Australian dollar also fell 0.5 percent to $1.0066, having touched a low of $1.0052 at one point, the lowest level in more than four months. The New Zealand dollar also touched a 4-month low at $0.7842.

The price of gold fell for a third day, touching a four-month low and all but wiping out its gains for the year.

"With deflation becoming more of a risk in some parts of the world, like Europe, and the Fed less inclined to do another round of QE3, the inflation hedge argument isn't as strong as it was a couple of months ago," said James Shugg, senior economist at Westpac.

(Reporting by Richard Hubbard; editing by Janet McBride and Philippa Fletcher)

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US stocks chase European indexes lower

Fear of European debt is once again playing havoc with Wall Street.

Stocks and commodities pitched down Wednesday in the United States as borrowing rates climbed for Spain and Italy, a sign that investors are losing confidence in those countries' finances.

Spain's 10-year borrowing rate leapt to 6.06 percent from 5.70 percent early Tuesday. Many fear that Spain, strangled by high unemployment and a real estate collapse, could be the next nation to require financial rescue.

The Dow Jones industrial average was down as much as 184 points before recovering most of the loss. It was down 30 points by early afternoon, still on the verge of its longest losing streak since last summer.

The Dow climbed 25 percent from Oct. 3 through May 1 as the debt crisis in Europe appeared to calm down. Last fall, nations that use the euro agreed to enforce budget discipline across the region.

The Dow closed at a four-year high on May 1. Since then, worries about Europe have resurfaced, this time because Greek and French voters ousted leaders who had imposed tough spending cuts to soothe investors.

Greece, without a government since Sunday's elections, appears increasingly likely to exit the euro currency union or be forced out. The resulting uncertainty could cause turmoil throughout global markets.

The spring decline has become a motif on Wall Street. In 2010 and 2011, the Dow climbed in the first three months of the year, then flat-lined or lost ground as events overseas overshadowed modest economic growth in the U.S.

The market today is is tame compared with last summer, when the Dow routinely swung by hundreds of points a day. But the atmosphere is starting to resemble last year's as traders sell anything deemed risky based on the latest headlines from Europe, said Peter Tchir, who trades a range of investments for his hedge fund TF Market Advisors.

"The concern in Spain is at such a high level that people trade the indexes or big futures contracts and are less discriminating about what risk they're taking on," he said.

On Wednesday, prices fell for commodities such as energy, copper and silver that are needed to sustain broad economic growth but are less valuable when the economy is weaker and demand wanes.

Benchmark crude oil, which sold for about $110 per barrel earlier this year, fell below $100 last week and kept sliding. It traded around $96 on Wednesday on the New York Mercantile Exchange.

Commodity prices also were under pressure because the dollar rose against the euro, sending the euro down to $1.2910, its lowest point since Jan. 23. Commodities are traded in dollars, so a strong dollar makes them appear more expensive to investors who hold foreign currencies.

European stocks are having one of their worst weeks in months. London's FTSE 100 index is down 2.2 percent this week, its worst performance since December. Stocks in Athens are down 10.8 percent, the most since August.

Cash flowed into ultra-safe investments such as U.S. Treasurys, pushing the yield on the 10-year note as low as 1.80 percent, near a seven-month low.

One reason that demand for Treasurys is increasing: As Europe deteriorates and hiring in the U.S. slows, traders believe that the Federal Reserve is more likely to engage in another round of bond-buying to juice the economy.

Bond-buying by the Fed lowers bond yields, pushing more cash into stocks and commodities. When traders expect the Fed to act, they buy bonds to take advantage of the extra demand that the Fed's buying will create.

Economic indicators and corporate earnings in the U.S. continue to signal recovery, albeit a choppy one. The government said after trading began that U.S. wholesale stockpiles grew in March at their slowest pace in four months, a sign demand is too weak for companies to ramp up production.

The Standard & Poor's 500 index and Nasdaq composite were both well off their lows for the day. The S&P fell two points to 1,361. The Nasdaq composite index dropped four to 2,942.

Tchir expects the market to grow more volatile as traders track deadlines for indebted European nations to repay bond investors or raise cash. For investors who benefited from the recent rally, he said, "I think it's time to take money off the table." There's too much of a disconnect between the Dow's recent four-year high and European markets that are scraping three-year lows, he said.

European stocks rose into the close, recovering some earlier losses. Indexes in France and London closed down less than 1 percent after steep losses earlier.

In corporate news:

? Chiquita Brands plunged 32 percent after the banana purveyor reported first-quarter earnings that were far below the expectations of Wall Street analysts.

? Macy's lost 4 percent after the department store chain reiterated an earnings forecast that fell below Wall Street projections.

? Walt Disney Co. rose 2 percent, the most of the 30 stocks in the Dow, after the whimsy-production conglomerate said its fiscal second-quarter earnings outpaced expectations.

___

Daniel Wagner can be reached at www.twitter.com/wagnerreports .

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Live from President Bill Clinton's CTIA keynote

It's the final day of CTIA Wireless 2012, and time for the week's big event. Will it be a new super phone? An epic new high-speed 4G network? The resurrection of webOS? Nope. The big get of the week is the 42nd president of the United States, Mr. William Jefferson Clinton. Honestly, we're not entirely sure what to expect of the event ending keynote. Most likely Willy (he let's us call him that since we're such close, personal friends -- it's no big deal) will wind up talking about the ability of wireless technology to empower the underclass and level the global playing field... you know, light-hearted stuff. But, there's only one way to find out for sure: follow along after the break.

May 10, 2012 3:00 PM EDT

Live from President Bill Clinton's CTIA keynote originally appeared on Engadget on Thu, 10 May 2012 14:46:00 EDT. Please see our terms for use of feeds.

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CAR DECAL - LESBIANS ROCK MY WORLD - AuctionBidz-Online ...

Your Auction Watcher is here! Download now! Rate my item!Currently: 0.0/5 (0 votes cast) Format: Item Status: Open Quantity: 1 Ends in: --:--:-- (23 May. 2012 19:45:01) Shipping costs: 2.95 AUD ( International: 4.95 AUD ) Standard (Australia Post)? (International: Standard (Australia Post)?) Ships to: Seller will ship internationally Item location: Australia, 4506 Starting time: 09 May. 2012 19:45:01 Duration: 14 Days listing The Seller of this item, StickersandStencils, assumes all responsibility for this listing! ? ? ? Hello you are bidding on this LESBIANS ROCK MY WORLD sticker. You can order this in blue, red, yellow, green, silver, gold, purple, black, orange, holographic silver or white but let me know or WHITE will be sent. Each Deer size is 85cm high x 28cm long (85mm x 280mm) long making it a perfect size for the Car, boat, laptop, trailer, shed, tool box, esky, fridge, toilet or bathroom, motor bikes or helmets basically any where you think a sticker will go. I use the best Vinyl which is high gloss 75 micron thickness offering high dimensional stability to suit most surfaces. It also has 5 year outdoor durability making it a wonderful all round product. Your sticker arrives to you Hassle free and already taped and ready to go. All you will have to do is remove the backing and apply your sticker to your clean dry area. It's that simple. I have an amazing range of car decals so I hope you enjoy this one. Any 'Q' let me know, Cheers! PLEASE REMEMBER TO LEAVE POS FEEDBACK ONCE YOUR ITEM ARRIVES SO I CAN DO THE SAME FOR YOU. GOOD FEEDBACK IS IMPORTANT FOR BOTH OF US SO ONCE YOURS HAVE BEEN LEFT I WILL DO THE SAME CHEERS. ? ? ? ? ? Buyer pays for shipping expenses Seller will ship internationally Domestic: International: Shipping and Handling Costs: ????2.95 AUD Standard (Australia Post)? Insurance: 2.70 AUD Shipping & Payment Details: Buyer please note that your shipping cost includes the following. Postage, packaging and handling. Also we strongly recommend you take the optional postal Insurance as sometimes things go missing in the post. Shipping and Handling Costs: 4.95 AUD Insurance: 2.70 AUD Type of Service: Standard (Australia Post)? Shipping & Payment Details: Buyer please note that your shipping cost includes the following. Postage, packaging and handling. Also we strongly recommend you take the optional postal Insurance as sometimes things go missing in the post. *Sellers are not responsible for service transit time. Transit times are provided by the carrier, exclude weekends and holidays, and may vary with package origin and destination, particularly during peak periods. Return policy may differ for international buyers. Contact seller for more details.

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