5 people shot at Jacksonville bar
Police spent Friday looking for a shooter — or shooters — after an apparent dispute at an Eastside nightclub led to a spray of bullets in the street.
Even in a neighborhood where 109 assaults have been reported in the past two years and a man was killed in a shootout last summer, the number of shots fired early Friday rattled those who remember better days.
“It’s bad. It’s real bad. Jacksonville really has changed over the years,” said Lloyd Gilbert, who lives on 13th Street just north of Friday’s crime scene. “It doesn’t make no damn sense. It doesn’t make no sense at all.”
Police were called about 4 a.m. to Ethio’s in the 2100 block of Phoenix Avenue. Five people were taken to Shands Jacksonville hospital — driven by other civilians — to be treated for gunshot wounds, said Jacksonville Sheriff’s Office Lt. L.J. Gayle.
Gayle said he was unsure what led to gunfire, although he said there was some sort of dispute by the club. As of Friday evening there were no arrests announced and police would not say whether investigators had identified a suspect or if the shooter had acted alone.
By mid-morning about a dozen people congregated on street corners about a block away from the bar to watch the investigation unfold. The standard red-striped caution tape cordoned off the investigative area and kept people from getting any closer.
One woman said there’s a shooting in the neighborhood every weekend.
Police records show a total of 109 assaults, 26 robberies and 39 residential burglaries have been reported within a five-block radius of the 11th Street and Phoenix Avenue intersection since September 2008. About half of those were recorded in the past year.
In the parking lot of a corner grocer about a block from the bar, a shootout killed a 23-year-old and put an 18-year-old in the hospital in August 2009.
Police records further show Ethio’s alone has been the target of 19 service calls since January.
Investigators had scattered dozens of evidence tags throughout the street outside the bar Friday morning, making note of shell casings and the blood officers discovered on the pavement upon arrival.
No injuries were believed to be life-threatening, although a hospital spokesman said one of the victims, a 21-year-old man, was in serious condition. A 29-year-old man was listed in good condition, while no information was available for two other men and a woman, ages 29, 28 and 24, respectively.
Gilbert said he roamed the same neighborhood as a child growing up in the 1960s and ‘70s and felt safe. It’s home. He said he doesn’t like the gunfire, but he refuses to let it scare him away.
“I don’t want to leave because I’ve been here all my life,” he said.
London Markets: Stocks in London edge up; U.S. jobs data in focus
By Polya Lesova, MarketWatch
FRANKFURT (MarketWatch) — Stocks in London edged higher on Friday, as investors positioned themselves for U.S. jobs data that will offer more evidence on the state of the economic recovery.
The U.K. FTSE 100 index
/quotes/comstock/23i!i:ukx
(UK:UKX
5,397,
+25.82,
+0.48%)
gained 0.3% to 5,386.31 points. The index finished marginally higher on Thursday.
All eyes on Friday will turn to the U.S. government, which will report nonfarm payrolls data for August at 8:30 a.m. Eastern time. Economists polled by MarketWatch expect a net gain of 30,000 private-sector jobs, but an overall decline of 105,000.
The data are keenly awaited since worries have recently escalated over whether the U.S. economy is at risk of slipping into a so-called double-dip recession. The persistent weakness of the labor market has been one of the key factors to watch.
Q&A with European Central Bank’s Trichet
Jean-Claude Trichet of the European Central Bank answers queries from MarketWatch after announcing an extension of program of emergency loans into early 2011, while raising projections for economic growth. Bill Watts reports.
“With limited earnings news, those payroll numbers will remain very much the center of attention through the U.K.’s morning session,” said Ben Potter, market strategist at IG Markets, in a note to clients.
On the London Stock Exchange, shares of Antofagasta
/quotes/comstock/23s!a:anto
(UK:ANTO
1,084,
+2.00,
+0.18%)
edged down 0.4% after the Chilean copper miner was downgraded to hold from buy at Citigroup.
While Antofagasta offers the highest quality leverage to copper prices and volume growth remains the best in the pack, the stock’s strong recent performance “means we see better opportunities elsewhere in the sector,” Citigroup said in a note.
“We would now seek cheaper copper exposure through our top pick in U.K. mining, Xstrata,” the broker said.
Shares of Xstrata PLC
/quotes/comstock/23s!a:xta
(UK:XTA
1,095,
+7.00,
+0.64%)
gained 0.6% in morning trade.
In the energy sector, shares of BP PLC
/quotes/comstock/13*!bp/quotes/nls/bp
(BP
36.57,
+0.41,
+1.13%)
/quotes/comstock/23s!a:bp.
(UK:BP.
393.85,
+1.25,
+0.32%)
rose 0.3% after the oil giant announced it’s working to replace the failed blow-out preventer from the Deepwater Horizon drilling rig in the Gulf of Mexico in order to allow operations to complete a relief well to resume.
BP also said the total cost of its response to the oil spill has now soared to $8 billion.
Elsewhere in the sector, shares of Soco International PLC
/quotes/comstock/23s!e:sia
(UK:SIA
433.00,
-43.60,
-9.15%)
tumbled 6.7% in London after the oil and gas producer announced it has decided to plug and abandon an exploration well in the Democratic Republic of Congo.
In the airlines sector, shares of British Airways PLC
/quotes/comstock/23s!a:bay
(UK:BAY
223.50,
+1.90,
+0.86%)
edged down 0.1%. The carrier is scheduled to release traffic statistics this afternoon.
Shares of IG Group Holdings PLC
/quotes/comstock/23s!e:igg
(UK:IGG
514.50,
-8.50,
-1.63%)
fell 2.5% after the derivatives-trading firm was downgraded to neutral from buy at UBS, which said the stock is fairly valued following its recent strong performance. Shares of IG Group have rallied 29% over the past three months.
In the currency markets, the British pound
/quotes/comstock/21o!x:sgbpusd
(GBPUSD
1.5401,
+0.0010,
+0.0650%)
gained 0.3% to trade at $1.5447.
Polya Lesova is MarketWatch’s London bureau chief.
London Markets: Stocks in London edge up; U.S. jobs data in focus
Europe Markets: Europe stocks gain as traders await U.S. jobs data
By Barbara Kollmeyer, MarketWatch
MADRID (MarketWatch) — European stocks eked out gains on Friday, buoyed by a late surge on Wall Street in the prior session, but action was subdued as traders took to the sidelines ahead of key U.S. nonfarm payrolls data due later.
The Stoxx Europe 600 index
/quotes/comstock/22c!sxxp
(ST:SXXP
259.32,
+1.14,
+0.44%)
gained 0.2% to 258.66 points, after ending unchanged on Thursday at 258.18 points, with bigger gains becoming muted by the day’s end after an initial boost on a string of upbeat U.S. economic data.
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While Europe markets are firmer in the early going, the backdrop was looking jittery. Asian markets were struggling to stay positive late on Friday and early indications for U.S. futures showed expectations for opening losses on Wall Street.
Key data on the table is August non-farm payroll data. Economists surveyed by MarketWatch forecast a net gain of 30,000 private-sector jobs, but an overall decline of 105,000.
Analysts warned that if the data falls short, it could reverse the big rally seen for markets on Wednesday. The Stoxx 600 index logged a 2.7% gain that day, while the Dow Jones Industrial Average
/quotes/comstock/10w!i:dji/delayed
(DJIA
10,320,
+50.63,
+0.49%)
rose 254.75 points, or 2.5%.
Ben Potter, market strategist at IG Markets, said “anything with a bit of gloss on it could help again lock in confidence for equities.”
“Another risk, however, comes with the U.S. Labor Day holiday on Monday, so any uncertainty could add to the temptation to take money off the table, ensuring traders don’t get caught on the wrong side of any big move lower in Asia or Europe at the start of next week,” he added.
Among regional indexes, Germany’s DAX-30
/quotes/comstock/30p!dax
(DX:DAX
6,112,
+27.94,
+0.46%)
rose 0.1% to 6,090.95 points.
France’s CAC-40 index
/quotes/comstock/30t!i:px1
(FR:PX1
3,653,
+21.23,
+0.58%)
added 0.2% to 3,638.38 points and the U.K. FTSE 100 index
/quotes/comstock/23i!i:ukx
(UK:UKX
5,397,
+25.82,
+0.48%)
gained 0.2% to 5,380.75 points.
Among sectors contributing to the positive European tone were oil and mining stocks.
Shares of BP PLC
/quotes/comstock/13*!bp/quotes/nls/bp
(BP
36.57,
+0.41,
+1.13%)
/quotes/comstock/23s!a:bp.
(UK:BP.
393.85,
+1.25,
+0.32%)
gained 0.5% after the firm said the total cost of responding to the Gulf of Mexico oil spill has now reached $8 billion. The company has created a $20 billion escrow account to cover related costs of the spill.
Shares of U.K.-based mining group Antofagasta
/quotes/comstock/23s!a:anto
(UK:ANTO
1,084,
+2.00,
+0.18%)
were cut to hold from buy at Citigroup for valuation reasons. The broker said it would seek cheaper copper exposure through their top mining pick, Xstrata
/quotes/comstock/23s!a:xta
(UK:XTA
1,095,
+7.00,
+0.64%)
. Shares of Antofagasta dropped 0.5% on the London Stock Exchange.
In Zurich, shares of Roche Holding AG
/quotes/comstock/06p!rog
(CH:ROG
142.10,
+2.40,
+1.72%)
gained 1.2% after the Swiss pharmaceutical firm announced a cost-cutting initiative and confirmed its full-year outlook.
In Germany, car makers’ shares posted gains. Daimler AG
/quotes/comstock/11e!fdai
(DE:DAI
41.01,
+0.14,
+0.33%)
and Volkswagen AG
/quotes/comstock/11e!fvow3
(DE:VOW3
81.55,
+0.12,
+0.15%)
both rose 0.6%.
Barbara Kollmeyer is an editor for MarketWatch in Madrid.
Europe Markets: Europe stocks gain as traders await U.S. jobs data
Jacksonville woman killed after losing control of car on 9A
A Jacksonville woman traveling with two young children was killed Thursday evening after she lost control of her car on Florida 9A near Alta Drive, the Florida Highway Patrol said.
Farren M. Carter, 24, was northbound in the inside lane about 7:35 p.m. when she lost control for an unknown reason, the report said. Carter tried to swerve back onto the road from the median but failed to regain control of the Honda Accord. The car began to rotate clockwise as it traveled across both northbound lanes, eventually going down the embankment and flipping over before coming to rest on its roof.
Carter was taken to Shands Jacksonville hospital but died, the Highway Patrol said.
The two children with Carter, 6-year-old Jody Price and 4-year-old Jaden Thomas, were also taken to Shands Jacksonville hospital. They did not suffer serious injuries.
The children were wearing their seat belts while Carter did not have hers on, the FHP said.
0 CommentsPreseason ends with a Jaguars victory as both teams rest starters
It was an evenly matched contest between two sets of second-team offenses and defenses, and in Thursday night’s preseason game, neither produced much excitement.
Ponzi suspect Wayne McLeod: ‘I have decided that death was a better option’
Kenneth Wayne McLeod left his waterfront home in St. Johns County and steered his black Hummer into the rush hour traffic heading north toward San Jose Boulevard.
He had a 9 a.m. appointment in Jacksonville with some government lawyers, but texted them 10 minutes before he was due.
“I will not make it this morning,” he wrote. “I have decided that death was a better option. I am truly sorry for all the harm I caused.”
The big SUV would be found before noon in a Mandarin park. McLeod, a gregarious financial adviser accused of bilking clients out of $34 million, would be dead from a single gunshot.
Many questions surrounding Scott-Carroll ticket go unanswered
As Republican gubernatorial candidate Rick Scott officially announced state Rep. Jennifer Carroll as his running mate Thursday, questions about when he chose the Fleming Island legislator and the experience she feels she brings to the ticket were left largely unanswered.
During a campaign stop in Jacksonville a week after the primary, Scott said that the running mate decision had “pretty much” been made and that he had been vetting the person he selected for a “long time.”
Carroll had been the head of Bill McCollum’s African-American outreach program for the Republican primary. McCollum, who has yet to make an endorsement in the race, was Scott’s chief opponent during the brutal race and has said he still has questions about Scott’s past.
See more photos from Thursday’s announcement
Scott wouldn’t say whether he contacted Carroll before the primary as he introduced her outside Jacksonville Naval Air Station Thursday morning.
“I don’t want to talk about everything we did throughout the process,” he said.
Touted for her legislative experience, Carroll would not give many specifics about her time in the state House. When asked about some of her proudest moments as a lawmaker, she encouraged a reporter to do some research.
“I don’t only have one,” she said. “I have many, and you can certainly look up my resume.”
When pressed on her tenure as a member of the Legislature, Carroll cited her work as chair of the House Economic Development Committee.
“There have been many measures that we put in place that created jobs, that reduced tax burden, reduced regulations on many companies to enable them to stay afloat,” she said, without giving specifics.
Five Jaguars facing final auditions in preseason finale
When the Jaguars wrap up the preseason Thursday night against the Atlanta Falcons, most of the starters aren’t expected to play, or will, at best, make token appearances. But the game is important to players trying to make an impression. Here’s a look at five Jaguars who have a lot at stake Thursday:
WR John Matthews
After spending most of last year on the Indianapolis Colts’ practice squad, he was cut July 20. He was claimed by the Jaguars on July 21 and started catching everything thrown his way in camp. And then he kept doing the same thing in the preseason games, catching seven passes for 75 yards and two touchdowns. He is the only player to catch more than one touchdown pass in the preseason. He faces a fight in the numbers game because he is the fifth or sixth receiver, depending on whether Kassim Osgood is considered a special-teams player or a wide receiver. Matthews figures to get a long look tonight, and if he continues to catch everything thrown his way, the Jaguars might not be able to cut him.
FB Brock Bolen
Bolen, who spent most of last year on the practice squad before being activated for the last three games, faces a tough battle in the numbers game because four or five running backs are locks – depending on whether Montell Owens is considered a running back or a special-teams player. But Bolen received more of an opportunity than he was expected to have at Tampa Bay because both Maurice Jones-Drew and Deji Karim were held out with injuries. Bolen made the most of it, running seven times for 26 yards. He will get another opportunity tonight, and if he makes the most of it, Bolen can force the team to make a tough decision.
QB Luke McCown
McCown will be the backup regardless of how he plays tonight, but a good showing would wrap up an impressive preseason on an upbeat note and give the Jaguars more confidence they can win with him if David Garrard is injured. McCown has a 110.4 passer rating with five touchdown passes and two interceptions, and this will be his final showcase before he becomes the scout team quarterback in practice. McCown was hindered last season because he wasn’t acquired by the Jaguars until Sept. 6 and had to learn their playbook on the fly. This year, he’s comfortable in their system and has been on target in the preseason.
OT Kevin Haslam
The Jaguars have a history of keeping undrafted rookie free agents, and Haslam might be the top candidate among this year’s rookie crop. Haslam, who played at Rutgers, where he started 43 games at tackle and guard, including the final 26, received extensive playing time in camp because of the injury suffered by right tackle Eben Britton, and Haslam made the most of the opportunity. He has the size for the position at 6 feet 5 and 304 pounds. He also figures to get a lot of work tonight because Britton doesn’t figure to play. Another good showing and Haslam can earn a roster spot.
DT Leger Douzable
His success is another sign that scouting is an inexact science. He’s 6-4 and 294 pounds, and there is always a shortage of big players, but the talent-starved Detroit Lions waived him Aug. 4. He was a free agent for four days before the Jaguars signed him when they went to Atlanta for the combined practices. The former UCF player, who was signed by Minnesota as an undrafted free agent in 2008 and spent time on the practice squads of the Giants and Rams, has yet to play in a regular-season game. But he immediately established himself as a player to watch and received plenty of playing time when Tyson Alualu was sidelined. Douzable will play a lot tonight and has a good shot at winning a backup job.
0 CommentsBond Report: Treasurys drop after ISM, jobs data
By Deborah Levine, MarketWatch
NEW YORK (MarketWatch) — Treasury prices dropped Wednesday, pushing yields up for the first session in three, after a report showed the manufacturing sector in the U.S. improved in August.
Adding to a U.S. report on private-sector employment and strong economic data from China and Australia, the news eased concerns about the outlook for global growth.
Yields on 10-year notes
/quotes/comstock/31*!ust10y
(UST10Y
2.58,
+0.11,
+4.37%)
, which move inversely to prices, rose 11 basis points to 2.58%. A basis point is 0.01%.
Last week, the benchmark security’s yield touched the lowest level since January 2009.
Yields on 2-year notes
/quotes/comstock/31*!ust2yr
(UST2YR
0.51,
+0.03,
+5.87%)
increased 3 basis points to 0.51%, after touching an all-time low last week.
Yields on 30-year bonds
/quotes/comstock/31*!ust30y
(UST30Y
3.65,
+0.14,
+3.84%)
jumped 14 basis points to 3.66%.
The rise in yields Wednesday erased much of the gains in the previous two sessions which helped Treasurys of all maturities return 2.05% in August, the best gain in a month since December 2008, according to an index compiled by Bank of America Merrill Lynch.
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Stocks rallied on Wednesday, reducing investors’ interest in the relative safety of U.S. debt. The S&P 500 Index
/quotes/comstock/21z!i1:inx
(SPX
1,078,
+28.38,
+2.70%)
jumped about 2.8% in afternoon trading.
Read about U.S. stocks.
The Institute for Supply Management’s index on manufacturing activity rose to 56.3 in August from 55.5 in July. Economists surveyed by MarketWatch expected the index to slide to 53.2.
Read about ISM.
The report also has an employment component that improved, raising optimism about the government’s monthly employment report being released Friday, said strategists at CRT Capital Group.
“The Treasury market sold off sharply in the wake of the data,” CRT’s David Ader and Ian Lyngen wrote in a note.
ADP said that private employers in the U.S cut 10,000 jobs in August. The ADP report on private employers comes two days before the Labor Department’s much more closely followed nonfarm-payrolls report, which includes government workers.
See more on ADP.
Economists surveyed by MarketWatch are looking for an overall decline of 105,000, including an expected increase of 25,000 jobs in the private sector.
Many analysts had expected ADP to show a slightly positive number, according to CRT. ADP tends to underestimate private payroll growth — as determined by the Labor Department report — by 65,000, they said.
Read about the ADP data.
Therefore, Wednesday’s ADP report implies that Friday’s data will show that companies added 55,000 workers, which would be better than the current forecast.
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