Sean Eldridge, Husband of Facebook Co-Founder, Running for Congress

Sean Eldridge, an investor and the husband of Facebook co-founder Chris Hughes, has filed paperwork establishing a campaign for New York’s 19th Congressional District seat in 2014.

Eldridge, who is a frequent donor to Democratic candidates and committees, has publicly backed President Barack Obama and hopes to unseat two-term Republican Chris Gibson. This November, Gibson won reelection by a margin of 53 percent to 47 percent. However, the district also favored Obama.

Eldridge is a politically active Democrat and the CEO and founder of Hudson River Ventures LLC, a small business investment fund located in New York’s Hudson Valley. He also serves as an adviser to Freedom to Marry, a campaign to win marriage equality nationwide.

The 26-year-old is married to entrepreneur Chris Hughes, who is both a co-founder of Facebook and the publisher of The New Republic magazine.

Bloomberg.com reported that Eldridge’s statement of organization, which created “Sean Eldridge for Congress,” accompanied by a statement of candidacy, was processed by the Federal Election Commission last week.

Born in 1986, if Eldridge wins the congressional seat, he’ll be just 27, making him one of the youngest members of Congress in 2014.

Rep. Aaron Shock, a Republican from Illinois, was elected to his congressional seat when he was 27. He is now the youngest representative, at age 31.

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See the Stylish Photo Shoot Jessica Simpson Did Between Babies

Stylewatch
Style News Now

02/05/2013 at 04:00 PM ET

Courtesy Jessica Simpson Collection

Jessica Simpson is no stranger to buzzworthy photoshoots, but the glamorous shots she snapped for her Spring 2013 clothing line may take the cake.

The sunlit campaign photos, shot in November on Malibu’s El Matador Beach by famed fashion photographer Ellen von Unwerth, show the mom-to-be showing off her fab, Harley Pasternak-toned bod in pieces from her clothing, shoe and sunglasses collections.

“Last fall’s campaign was shot while I was pregnant [with daughter Maxwell Drew] so I worked behind the scenes on the shoot,” Simpson tells PEOPLE exclusively. “I was really excited to be back in front of the camera for this year’s campaign.”

Of the photographer, Simpson gushes: “Ellen is incredible and was able to really capture the essence of the spring collection – it’s playful, all-American, classic.” Simpson demonstrates those qualities herself as she poses in items from a tie-dye skirt to a denim romper, sky-high neutral wedges to cheetah-print sunglasses — all while rocking her signature loose blonde waves, smoky eyes and light pink lips.

And the final word on the collection, straight from the star? “I want everyone to be able to wear my designs,” she says of the pieces, which are almost entirely under $200 and are starting to ship to stores including Macy’s and Nordstrom now. “The collection is accessible — from extra-small to plus and maternity, there is something for everyone to feel great in.”

Click to see another exclusive image from the campaign, then tell us: Are you excited to try on Jessica Simpson’s spring collection?

Courtesy Jessica Simpson Collection

–Alex Apatoff

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Critics seek to delay NYC sugary drinks size limit

NEW YORK (AP) — Opponents are pressing to delay enforcement of the city's novel plan to crack down on supersized, sugary drinks, saying businesses shouldn't have to spend millions of dollars to comply until a court rules on whether the measure is legal.

With the rule set to take effect March 12, beverage industry, restaurant and other business groups have asked a judge to put it on hold at least until there's a ruling on their lawsuit seeking to block it altogether. The measure would bar many eateries from selling high-sugar drinks in cups or containers bigger than 16 ounces.

"It would be a tremendous waste of expense, time, and effort for our members to incur all of the harm and costs associated with the ban if this court decides that the ban is illegal," Chong Sik Le, president of the New York Korean-American Grocers Association, said in court papers filed Friday.

City lawyers are fighting the lawsuit and oppose postponing the restriction, which the city Board of Health approved in September. They said Tuesday they expect to prevail.

"The obesity epidemic kills nearly 6,000 New Yorkers each year. We see no reason to delay the Board of Health's reasonable and legal actions to combat this major, growing problem," Mark Muschenheim, a city attorney, said in a statement.

Another city lawyer, Thomas Merrill, has said officials believe businesses have had enough time to get ready for the new rule. He has noted that the city doesn't plan to seek fines until June.

Mayor Michael Bloomberg and other city officials see the first-of-its-kind limit as a coup for public health. The city's obesity rate is rising, and studies have linked sugary drinks to weight gain, they note.

"This is the biggest step a city has taken to curb obesity," Bloomberg said when the measure passed.

Soda makers and other critics view the rule as an unwarranted intrusion into people's dietary choices and an unfair, uneven burden on business. The restriction won't apply at supermarkets and many convenience stores because the city doesn't regulate them.

While the dispute plays out in court, "the impacted businesses would like some more certainty on when and how they might need to adjust operations," American Beverage Industry spokesman Christopher Gindlesperger said Tuesday.

Those adjustments are expected to cost the association's members about $600,000 in labeling and other expenses for bottles, Vice President Mike Redman said in court papers. Reconfiguring "16-ounce" cups that are actually made slightly bigger, to leave room at the top, is expected to take cup manufacturers three months to a year and cost them anywhere from more than $100,000 to several millions of dollars, Foodservice Packaging Institute President Lynn Dyer said in court documents.

Movie theaters, meanwhile, are concerned because beverages account for more than 20 percent of their overall profits and about 98 percent of soda sales are in containers greater than 16 ounces, according to Robert Sunshine, executive director of the National Association of Theatre Owners of New York State.

___

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Wall Street bounces back after sell-off; results a boost

NEW YORK (Reuters) - Stocks climbed on Tuesday, recovering a day after the market's biggest sell-off since November, as stronger-than-expected earnings brightened the profit picture.

Dell Inc's stock rose after the world's No. 3 computer maker agreed to be taken private in a $24.4 billion deal, the largest leveraged buyout since the 2008-2009 financial crisis. The stock gained 1.1 percent to $13.42.

All 10 S&P sectors were higher, and the S&P 500 and Nasdaq gained more than 1 percent.

The market's bounce follows a sell-off on Monday that gave the S&P 500 its biggest percentage decline since mid-November. The benchmark remains up 6 percent since the start of the year and is less than 4 percent away from its all-time closing high of 1,565.15 from October 2007.

Analysts said fourth-quarter results have been among factors helping to boost stocks. On Tuesday, Archer Daniels Midland reported revenue and adjusted fourth-quarter earnings that beat expectations, boosted by strong global demand for oilseeds. Shares rose 3.3 percent to $29.38.

"There's not a huge upside surprise by any means, but we're definitely seeing slightly better-than-expected earnings overall," said Bryant Evans, portfolio manager at Cozad Asset Management, in Champaign, Illinois.

The Dow Jones industrial average <.dji> was up 99.22 points, or 0.71 percent, at 13,979.30. The Standard & Poor's 500 Index <.spx> was up 15.58 points, or 1.04 percent, at 1,511.29. The Nasdaq Composite Index <.ixic> was up 40.41 points, or 1.29 percent, at 3,171.58.

The market shot higher at the start of the year after U.S. lawmakers were able to come to a last-minute agreement to avoid a national "fiscal cliff," but questions on spending cuts remain.

President Barack Obama on Tuesday urged Congress to pass a small package of spending cuts and tax reforms. Though the plan was quickly rebuffed by Republican leaders, investors are looking for an agreement.

"I think there's some hopefulness out there that a reasonable compromise will be made," Evans said.

Also in earnings, Estée Lauder Cos Inc reported a higher quarterly profit and raised its full-year profit forecast. The stock rose 6 percent to $64.71.

With results in from more than half of the S&P 500 companies, 69 percent have beaten profit expectations, compared with the 62 percent average since 1994 and the 65 percent average over the past four quarters. Sixty-six percent of companies have beaten on revenue.

Fourth-quarter earnings for S&P 500 companies are expected to rise 4.5 percent, according to the data, above the 1.9 percent forecast at the start of earnings season.

On the down side, McGraw-Hill shares slumped 10.7 percent to $44.92 after the U.S. Justice Department filed a civil lawsuit seeking $5 billion over mortgage bond ratings. Standard & Poor's, a McGraw Hill unit, was accused of inflating ratings and understating risk out of a desire to gain more business from investment banks.

On Monday, McGraw-Hill stock suffered its worst one-day decline since the 1987 market crash.

Volume was roughly 6.7 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion.

Advancers outpaced decliners on the NYSE by nearly 11 to 4 and on the Nasdaq by about 3 to 1.

(Editing by Kenneth Barry and Nick Zieminski)

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Bulgaria Implicates Hezbollah in Deadly Israeli Bus Blast

Reuters

Bulgaria's Burgas airport on July 18 after an explosion on a bus carrying Israeli tourists outside the airport.

SOFIA, Bulgaria — The clues to a fatal bomb attack on Israeli vacationers in Bulgaria included a charred tour bus, a decapitated head and a fake driver’s license.

With help from the United States and Israel, investigators here broke the case — and linked it to Hezbollah — using a tip from a secret source and a some old-fashioned detective work, tracing the printer that had produced two forged licenses back to Lebanon.

On Tuesday, Bulgaria’s interior minister, Tsvetan Tsvetanov, announced that two of the people behind the July 18 bombing, which killed five Israeli tourists, a Bulgarian bus driver and the bomber, were believed to be members of the military wing of Hezbollah.

Though investigators did not release names, they identified two of the plotters as a man with an Australian passport, believed to be the bombmaker, and a man with a Canadian passport, both of whom lived in Lebanon.

“We have followed their entire activities in Australia and Canada, so we have information about financing and their membership in Hezbollah,” Mr. Tsvetanov said at a news conference.

Hezbollah has denied responsibility for the bombing.

The announcement could force the European Union to reconsider designating the Lebanon-based group as a terrorist organization and cracking down on its fund-raising. That would upend Europe’s policy of quiet tolerance of the group, which, in addition to operating schools and social services, is an influential force in Middle East politics, considers Israel an enemy and has extensive links with Iran.

Mr. Tsvetanov did not mention Iran, but the Israeli prime minister, Benjamin Netanyahu, said in a statement on Tuesday, “This is yet a further corroboration of what we have already known, that Hezbollah and its Iranian patrons are orchestrating a worldwide campaign of terror that is spanning countries and continents.”

The United States, too, urged the European Union to condemn Hezbollah. John O. Brennan, President Obama’s chief counterterrorism adviser and his nominee to run the C.I.A., responded in a statement Tuesday: “We call on our European partners as well as other members of the international community to take proactive action to uncover Hezbollah’s infrastructure and disrupt the group’s financing schemes and operational networks in order to prevent future attacks.”

But countries including France and Germany have been wary of taking that step, which could force confrontations with large numbers of Hezbollah supporters living within their borders.

Catherine Ashton, the European Union’s high representative for foreign policy, responded with caution. “The implications of the investigation need to be assessed seriously as they relate to a terrorist attack on E.U. soil, which resulted in the killing and injury of innocent civilians,” she said in a statement.

Secretary of State John Kerry called Ms. Ashton to discuss the danger presented by Hezbollah, among other issues, including his statement on Tuesday urging governments around the world, particularly in Europe, “to take immediate action to crack down on Hezbollah.” Asked if Mr. Kerry had pressed the European Union to blacklist Hezbollah, Victoria Nuland, a State Department spokeswoman, said Ms. Ashton “knows where we want to go.”

New details continued to emerge about the bombing, which analysts have called an episode in a shadow war pitting Israel against Iran and Hezbollah. Israel is believed to be behind the killings of Iranian nuclear scientists. Operatives of the Iranian Quds Force, an elite international operations unit within the Islamic Revolutionary Guards Corps, in turn were blamed in plots against Israeli targets in Thailand, India, Georgia and elsewhere.

Amin Hotait, a retired general in the Lebanese Army who is close to Hezbollah, said the Bulgarian decision “lacks unequivocal evidence.”

“The party doesn’t usually retaliate against Israeli attacks by killing civilians,” Mr. Hotait said. “This decision is political in nature, since Bulgaria is not an independent country, but politically dependent on the West.”

After the attack, Mr. Netanyahu immediately blamed Hezbollah and Iran. United States officials privately supported that view, based on intercepted communications.

Bulgarian officials, wary about jumping to conclusions and concerned about alienating European Union allies, needed more proof before they would determine that the attack had been the work of Hezbollah.

Indeed, Mr. Tsvetanov chose his words carefully on Tuesday, leaving room for uncertainty. “A reasonable assumption, I repeat a reasonable assumption, can be made that the two of them were members of the militant wing of Hezbollah,” he said.

Nicholas Kulish and Matthew Brunwasser reported from Sofia, and Eric Schmitt from Washington. Jodi Rudoren contributed reporting from Jerusalem; Hwaida Saad from Beirut, Lebanon; and Michael R. Gordon from Washington.

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Zynga profit tops views, but it forecasts lower revenue

SAN FRANCISCO (Reuters) – Zynga Inc, the one-time Silicon Valley darling that has been wrestling with a months-long exodus of online gamers, reported an unexpected fourth-quarter profit on Tuesday after embracing steep cuts and shifting forward deferred revenue.

The results assuaged investors who had feared the company might be in free fall and boosted Zynga shares by 7 percent to $ 2.93 in after-hours trade.

Still, the company reported fourth-quarter revenues of $ 311 million, virtually unchanged from a year ago and down from the prior quarter. And Zynga’s underlying business appeared to be continuing its downward slide, as the maker of “CityVille 2″ and other games projected revenue could shrink for a third sequential quarter.

Zynga forecast revenue for the first quarter of 2013 of between $ 255 million and $ 265 million, a roughly 20 percent drop from the same quarter in 2012.

The company attributed the weak sales forecast to a “light slate” of new games planned for quarter.

“The highlight was it was a good quarter and good free cash flow but outlook and guidance is somewhat cloudy,” said Arvind Bhatia, a Sterne Agee analyst.

Once hailed as one of Silicon Valley’s fastest growing companies, Zynga suffered a dramatic reversal in 2012, when users began to abandon its red-hot games like “CityVille.” The company was also caught off-guard by a sweeping, permanent change in consumer behavior, as people spent more time on their mobile phones instead of desktop computers – the platform for Zynga’s most lucrative, Facebook-based games.

The company went public in late 2011 at $ 10 a share. By November, its stock had dipped as low as $ 2.10, a price that valued the company only narrowly above the value of its securities, cash and assets.

But Zynga on Tuesday reported a quarterly profit of 1 cent per share on an adjusted basis, beating expectations for a loss of 3 cents per share, according to analysts polled by Thomson Reuters I/B/E/S.

COST CUTTING

In October, Zynga’a chief executive, Mark Pincus, laid off staff and announced $ 200 million in stock buybacks after the company forecast a loss for the December quarter.

To begin the company’s turnaround, he also vowed to make smartphone-based games a centerpiece of Zynga’s line-up, and to crack down on internal delays that affected game launches.

Excluding certain items such as one-time stock compensation costs, Zynga achieved profitability by sharply paring costs on research and development and administration, as well as by shifting forward $ 50 million in future guaranteed revenue to be counted in the current quarter.

New bookings fell to $ 261.2 million, a decline of 15 percent from a year ago.

Executives told analysts on Tuesday’s conference call that the company would adopt a more conservative game development strategy and discard titles that fail to become hits – a departure from earlier days when the high-flying startup spent lavishly on developing a wide array of game offerings.

For instance, CityVille 2, the sequel to Zynga’s most successful game to date, would be shuttered because it was underperforming, executives said.

“Not every launch was a success,” said Chief Operating Officer David Ko. “We’re taking a more disciplined approach to managing our game portfolio.”

FACEBOOK TIES UNRAVELED

Zynga’s management also played up the strength of its own gamer network, weeks after Zynga and Facebook dissolved a longstanding partnership that gave Zynga beneficial privileges on the Facebook platform.

For years, Zynga and Facebook enjoyed a closely symbiotic relationship: The world’s No. 1 social network fed new gamers to Zynga games by tweaking its recommendations algorithms and exposing Zynga games to Facebook users, while Zynga funneled millions in fees back to Facebook.

But Facebook has recently courted other developers to make games on its platform to diversify its revenue streams, while Pincus pushed Zynga to make itself less dependent on Facebook and more focused on mobile games.

Pincus told analysts Tuesday that the company’s own gamer network and websites, rather than Facebook, now represents Zynga’s “most important distribution channel.”

In an interview, Barry Cottle, Zynga’s chief revenue officer, said more than two-thirds of new game downloads were spurred by social communication tools Zynga developed for its own players, and that Zynga could harness social gaming without Facebook.

“We have a strong audience base through our own channels,” Cottle said. “And we’ve got a lot of experience here at Zynga that was built on understanding how players like to interact in games.”

(Reporting By Gerry Shih; Editing by Leslie Adler and M.D. Golan)

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Jillian Michaels: My Son Phoenix Is 'Fiery' Like Me

Mom & Babies
Celebrity Baby Blog

02/04/2013 at 03:00 PM ET

Gregg DeGuire/WireImage

Jillian Michaels‘ son Phoenix is already taking after his mama — just not the right one!

Although The Biggest Loser trainer expected her baby boy to inherit her partner’s laidback approach to life — Heidi Rhoades delivered their son in May — the 8-month-old’s budding personality is the polar opposite.

“He wants to walk and he gets really pissed about it when he can’t. He gets frustrated,” Michaels, 38, told PEOPLE at the recent TCAs.

“He’s a fiery little sucker, he’s just like me. I’m like, ‘You were supposed to be like Heidi!’ But he’s not. It’s not good, not good.”

Admitting she is “terrified for when he’s a teenager,” Michaels has good reason to be: Recently she spotted her son — who is “crawling aggressively” — putting his electrician skills to the test in the family room.

“He’s into everything, which is kind of a nightmare to be totally honest,” she says. “We have an outlet in the floor in the living room and I caught him eating the outlet on the floor … I was like, ‘Mother of God!’”

Phoenix’s big sister Lukensia, 3, has also been busy keeping her mamas on their toes. “Lu just had her first ski trip and she had a little crush on her teacher, Ollie,” Michaels shares.

“At first I was like, ‘Oh my God, we’re letting our baby go!’ The second day we took her she ran right to him — loves Ollie.”

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Bullying study: It does get better for gay teens

CHICAGO (AP) — It really does get better for gay and bisexual teens when it comes to being bullied, although young gay men have it worse than their lesbian peers, according to the first long-term scientific evidence on how the problem changes over time.

The seven-year study involved more than 4,000 teens in England who were questioned yearly through 2010, until they were 19 and 20 years old. At the start, just over half of the 187 gay, lesbian and bisexual teens said they had been bullied; by 2010 that dropped to 9 percent of gay and bisexual boys and 6 percent of lesbian and bisexual girls.

The researchers said the same results likely would be found in the United States.

In both countries, a "sea change" in cultural acceptance of gays and growing intolerance for bullying occurred during the study years, which partly explains the results, said study co-author Ian Rivers, a psychologist and professor of human development at Brunel University in London.

That includes a government mandate in England that schools work to prevent bullying, and changes in the United States permitting same-sex marriage in several states.

In 2010, syndicated columnist Dan Savage launched the "It Gets Better" video project to encourage bullied gay teens. It was prompted by widely publicized suicides of young gays, and includes videos from politicians and celebrities.

"Bullying tends to decline with age regardless of sexual orientation and gender," and the study confirms that, said co-author Joseph Robinson, a researcher and assistant professor of educational psychology at the University of Illinois in Urbana-Champaign. "In absolute terms, this would suggest that yes, it gets better."

The study appears online Monday in the journal Pediatrics.

Eliza Byard, executive director of the Gay, Lesbian & Straight Education Network, said the results mirror surveys by her anti-bullying advocacy group that show bullying is more common in U.S. middle schools than in high schools.

But the researchers said their results show the situation is more nuanced for young gay men.

In the first years of the study, gay boys and girls were almost twice as likely to be bullied as their straight peers. By the last year, bullying dropped overall and was at about the same level for lesbians and straight girls. But the difference between men got worse by ages 19 and 20, with gay young men almost four times more likely than their straight peers to be bullied.

The mixed results for young gay men may reflect the fact that masculine tendencies in girls and women are more culturally acceptable than femininity in boys and men, Robinson said.

Savage, who was not involved in the study, agreed.

"A lot of the disgust that people feel when you bring up homosexuality ... centers around gay male sexuality," Savage said. "There's more of a comfort level" around gay women, he said.

Kendall Johnson, 21, a junior theater major at the University of Illinois, said he was bullied for being gay in high school, mostly when he brought boyfriends to school dances or football games.

"One year at prom, I had a guy tell us that we were disgusting and he didn't want to see us dancing anymore," Johnson said. A football player and the president of the drama club intervened on his behalf, he recalled.

Johnson hasn't been bullied in college, but he said that's partly because he hangs out with the theater crowd and avoids the fraternity scene. Still, he agreed, that it generally gets better for gays as they mature.

"As you grow older, you become more accepting of yourself," Johnson said.

___

Online:

Pediatrics: http://www.pediatrics.org

It Gets Better: http://www.itgetsbetter.org

___

AP Medical Writer Lindsey Tanner can be reached at http://www.twitter.com/LindseyTanner

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S&P 500 posts worst day since November; McGraw-Hill shares sink

NEW YORK (Reuters) - Stocks slid on Monday, giving the S&P 500 its worst day since November, as renewed worries about the euro zone crisis caused the market to pull back from recent gains.

Shares of McGraw-Hill shed 13.8 percent to $50.30, their worst daily percentage decline since the October 1987 market crash, after news the U.S. Justice Department plans to sue Standard & Poor's, a unit of McGraw-Hill, over its mortgage bond ratings. It would be the first such federal action against a credit rating agency related to the recent financial crisis.

Chevron and Wal-Mart were among the biggest drags on the Dow after analyst downgrades, and all 10 S&P 500 sectors were lower. The losses follow Friday's market climb that left the S&P 500 at a five-year high and the Dow above 14,000.

"The market is extended and due for a pullback. I think people are looking for an excuse to make sales, and there (is) the concern coming from Europe," said Michael James, senior trader at Wedbush Morgan in Los Angeles.

Spanish and Italian bond yields rose, renewing worries about the euro zone's sovereign debt crisis. Spain's prime minister faced calls to resign over a corruption scandal, while a probe of alleged misconduct involving an Italian bank was expected to widen three weeks before a national election.

Adding to market pressure, data from the U.S. Commerce Department showed overall factory orders for December were below economists' expectations.

The Dow Jones industrial average <.dji> was down 129.71 points, or 0.93 percent, at 13,880.08. The Standard & Poor's 500 Index <.spx> was down 17.46 points, or 1.15 percent, at 1,495.71. The Nasdaq Composite Index <.ixic> was down 47.93 points, or 1.51 percent, at 3,131.17.

With 18.7 billion shares traded, it was the busiest day on record for McGraw-Hill shares. Shares of ratings agency Moody's Corp fell 10.7 percent at $49.45, their worst one-day drop since August 2011.

The benchmark S&P 500 rose on Friday, leaving it roughly 60 points away from its all-time intraday high of 1,576.09, while the Dow's march above 14,000 was the highest for the index since October 2007.

The S&P index remains up about 5 percent for the year, with nearly half of the gains coming after U.S. legislators temporarily sidestepped the "fiscal cliff" of automatic tax increases and spending cuts.

The CBOE Volatility index VIX <.vix>, Wall Street's so-called fear gauge, jumped 13.7 percent.

Chevron dipped 1.1 percent to $115.20 after UBS cut its rating to neutral, while Wal-Mart Stores Inc shed 1.2 percent to $69.63 after JP Morgan lowered its rating on the world's largest retailer and reduced its price target.

Shares of household products company Clorox rose 0.7 percent to $79.72 after quarterly profit beat analysts' estimates as a severe flu season boosted sales of disinfecting wipes.

According to Thomson Reuters data, of the 256 companies in the S&P 500 that have reported earnings through Monday morning, 68.4 percent have reported earnings above analyst expectations, compared with the 62 percent average since 1994 and the 65 percent average over the past four quarters.

S&P 500 fourth-quarter earnings are expected to rise 4.4 percent, according to the data. That estimate is above the 1.9 percent forecast at the start of earnings season, but well below the 9.9 percent forecast on October 1.

In deal news, software maker Oracle Corp agreed to buy network equipment company Acme Packet Inc for $1.7 billion net of cash. Shares of Oracle were down 3 percent at $35.13 while Acme Packet shot up 23.7 percent to $29.59.

Shares of Herbalife Ltd ended up 1.3 percent at $35.54, recovering its losses ahead of the close. The New York Post reported the seller of weight loss products is facing a probe by the Federal Trade Commission.

Volume was roughly 6.3 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion.

Decliners outpaced advancers on the NYSE by nearly 4 to 1 and on the Nasdaq also by about 4 to 1.

(Editing by Kenneth Barry and Nick Zieminski)

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Europol Investigation Shows Fixing Is Suspected in 680 Soccer Matches

Robin Van Lonkhuijsen/Agence France-Presse — Getty Images

Rob Wainwright, the director of Europol, at a press conference in The Hague on Monday.

Soccer is known throughout much of the world as the beautiful game. But the sport’s ugliest side — the scourge of match-fixing — will not soon go away.

With the 2014 World Cup in Brazil drawing closer, a European police intelligence agency said Monday that its 19-month investigation, code-named Operation Veto, revealed widespread occurrences of match-fixing in recent years, with 680 games globally deemed suspicious. The list of match types is staggering: some 150 international matches, mostly in Africa, Asia and Latin America; roughly 380 games in Europe, covering World Cup and European championship qualifiers as well as two Champions League games; and games that run the gamut from lower-division semiprofessional matches to contests in top domestic leagues.

But officials at the news conference at The Hague repeatedly sidestepped questions from reporters on how many of the actual 680 matches cited had been previously reported, and, in some instances, previously prosecuted, and how many of them represented new information.

Nor would the officials identify any of the teams and individuals newly linked to match-fixing, citing the need to guard the confidentiality of police procedures.

Still, one new tantalizing detail did emerge: the revelation that one of the suspicious matches uncovered was a game in the Champions League — the most prestigious annual soccer tournament in the world — and that it was played in England in the last three or four years.

Even as the news conference continued, fans immediately took to social media to speculate on the match in question and, indeed, on which English team might have been involved. Manchester United, Manchester City, Arsenal, Chelsea, Liverpool and Tottenham are the only English teams that have participated in the Champions League during the time frame cited by officials. All six are iconic teams in England’s Premier League, which is by far the world’s most popular soccer league and has an unparalleled global following.

And while the absence of details left it unclear as to whether investigators believed an English team was culpable in fixing a Champions League game, or whether it was an opposing team from another country that had come to England for the match, the fact that match-fixing was now being linked to the country that represents the biggest international stage in soccer left many in the sport apprehensive.

“It would be naïve and complacent of those in the U.K. to think such a criminal conspiracy does not involve the English game and all the football in Europe,” Rob Wainwright, the director of the police intelligence agency, known as Europol, told reporters.

Most of the investigation’s focus, however, was elsewhere. Europol described a wide-ranging network of fixing that struck at the sport’s core. Nearly $11 million in profits and nearly $3 million in bribes were discovered during the investigation, which uncovered “match-fixing activity on a scale we have not seen before,” Wainwright said.

“This is a sad day for European football,” he added.

Fixers typically seek to dictate a game’s result by corrupting the players or the on-field officials, and the Europol officials said Monday that roughly 425 people were under suspicion because of the investigation, with 50 people having been arrested. The scope of the investigation covered games from roughly 2008 to 2011.

An organized crime syndicate based in Asia is believed to be the driving force behind the fixing activity, which stretches across at least 15 countries, Europol officials said. Individual bribes were, in some instances, higher than $136,000, and fixers would place bets on the tainted matches through bookmakers in Asia.

Various matches in Africa, Asia and South and Central America were identified as suspicious, and Declan Hill, a Canadian journalist and the author of “The Fix: Soccer and Organized Crime,” said his reporting on the subject — which was included in Europol’s investigation — had not previously indicated such widespread fixing among national teams.

David Jolly contributed reporting from The Hague.

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