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People stand in line outside of an Apple Store in Munich, Germany on Friday, Sept. 19, 2014. The new iPhone 6 was released on Friday. (Photo: AP)Apple

Apple (NASDAQ:AAPL) posted fourth-quarter earnings that easily topped Wall Street estimates, as earnings rose 13 percent fueled by the release of new iPhone devices.

The tech giant said Monday after the closing bell that its profit increased to $8.47 billion from $7.51 billion in the prior year. On a per-share basis, earnings clocked in at $1.42 juxtaposed to $1.18 when adjusted for Apple’s recent stock split.

Revenue grew a whopping 12 percent to $42.12 billion, blowing Wall Street’s estimate of $39.85 billion, while experts were looking for earnings of $1.31 a share.

Apple shares increased 1.1 percent to $100.85 in after-hours trading. Experts remain bullish on the stock still.

In a research note to clients earlier Monday, analysts at Cantor Fitzgerald said Apple shares are still undervalued and could a bigger bump when the tech giant enters a new product category early next year with its announced Apple Watch.

Cantor Fitzgerald believes “Apple is in the midst of another ‘super cycle'” given the new watch, the launch of Apple Pay and the company’s entry into large smartphones, the analysts wrote in a separate note.

The investment firm also noted fears around Apple’s position in the smartphone market have eased.

Apple is looking to hold off Samsung Electronics and other competitors with a new mobile feature Apple Pay, which launched Monday at 220,000 stores. McDonald’s (NYSE:MCD), Walgreens (NYSE:WAG) and ticket seller StubHub are among the early adopters of the new payment service. Visa (NYSE:V), MasterCard (NYSE:MA) and American Express (NYSE:AXP), plus the top six card issuers, also joined the program.

Apple launched the iPhone 6 and iPhone 6 Plus on Sept. 19, before the end of the company’s fourth quarter. More than 10 million units were sold in the first weekend, alone, which set a new record for the iPhone.

Fourth-quarter iPhone sales jumped to approximately 39.3 million units versus 33.8 million a year earlier.

Apple (NASDAQ:AAPL) posted fourth-quarter earnings that easily

Hammond Police Chief John Doughty identified the man allegedly responsible for the slayings of seven northwestern Indiana women whose bodies were found over the weekend. The suspect is 43-year-old Darren Vann of nearby Gary, Indiana, who is accused of killing a woman Friday at a Motel 6.

Vann, who was convicted of a sex offense in Texas in 2009, led authorities to a string of dead bodies dumped in abandoned homes in Gary, including three in on the same block. Police said the Gary slayings took place in the recent past, however, Vann said there are earlier victims.

“”It is possible the investigation could lead to more victims,” Police Chief Doughty said. “It could go back as far as 20 years, based on some statements we have, but that has yet to be corroborated.”

Charges were expected to be filed Monday in the death of 19-year-old Afrikka Hardy, whose body was found at approximately 9:30 PM Friday when Hammond police responded to a call of an unresponsive person at a Motel 6. The Lake County coroner’s office said she was strangled, and Doughty said she was involved in prostitution. She had arranged to meet Vann at the motel through a Chicago-area website.

Police were called by someone who attempted to reach Hardy and “was provided suspicious text responses that she believed to be from the suspect while he was still inside the motel room.”

Vann told police where to find three other dead women, which led police to discover the body of Anith Jones, 35, of Merrillville, late Saturday in an abandoned home. Her family had reported her missing on Oct. 8. Police found the next body at approximately 1:00 AM Sunday and a third body less than an hour later.

On Sunday, five more bodies were found in other homes, and Doughty identified two of the women as Gary residents Teairra Batey, 28, and Christine Williams, 36. Police have not determined the identities of the other three women, including two whose bodies were found on the same block where Jones’ body was found on Saturday.

The victims’ families are struggling to understand what motivated Vann to commit these murders.

Jones’ sister, Yolanda Nowell, described her as “very street savvy” and told reporters her sister had moved 10 years ago from Chicago to Indiana, and that she was operating a stand at a nearby flea market. Hardy’s mother, Lori Townsend, said police told her that Vann asked that she perform a certain sex act, and “when she said `no’ and put up a fight, he snapped and strangled her.”

“This man is sick.”

Speaking from her home in Colorado, she said Hardy graduated from high school in late 2013 and had plans to go on to college to study music.

“She was full of life. She lit up a room with her smile and her beauty,” she said. “And she had a voice like a songbird.”

The town of Gary used to be a product of a thriving steel industry, a town that boasted 178,000 good-paying jobs in the mills. However, following the North Atlantic Free Trade Agreement adopted in the 1990s, its population has shrunk to just over 78,000 and its poverty rate is stuck at upwards of 40 percent.

Hammond Police Chief John Doughty identified the

Warning Graphic Content: This report and video contains profanity and disturbing images:

Ferguson protesters outside the Edward Jones Dome in St. Louis clashed with fans after the Rams game against the Seattle Seahawks Sunday afternoon. In the St. Louis Post-Dispatch video above, a black female is heard yelling a slew of racially charged expletives at both the police and fans.

“F*** all you white motherf***ers!” she can be heard yelling at one point during the video. She later spit on one man and assaulted another by punching him in the face when his back was turned. Shortly after, police arrested her for spitting and, according to the police department, she has not yet been charged with assault.

The protestors were yelling and chanting about the death of Michael Brown, the black 18-year-old who was fatally shot by Officer Darren Wilson, a white police officer from Ferguson, in August.

“At one point during the scuffle, a protester carrying an upside-down American flag used the pole as a weapon, attempting to jab a fan with the pole,” the Post Dispatch reported. “A short time later, after the initial confrontation, a different fan grabbed the flag and ran with it for a brief period; protesters then wrestled the flag back.”

Another altercation involved a woman, who can also be seen on the video, being punched in the face for chanting “Let’s Go Rams.”

“Two people were injured including one woman who was punched in the face after chanting ‘Let’s go Rams’ to protesters,” the report added. “She was later treated and released by paramedics. Police did not provide details on the second victim’s injuries.”

Ferguson protesters outside the Edward Jones Dome

Rick_Scott_Charlie_Crist_Florida_Governor_Race

Republican Gov. Rick Scott (left) and Republican-turned-independent-turned Democrat Charlie Crist (right). (Photo: Joe Raedle/Getty Images; Chip Somodevilla/Getty Images)

Florida Governor Rick Scott (R) leads his challenger and former governor Charlie Crist (D) in early voting totals with just over two weeks to go before Election Day. PPD’s 2014 Governor Map Predictions model currently gives Scott a tenuous edge over Crist, with the incumbent enjoying a small 56 percent chance of reelection.

The race remains Leans Republican, but the low probability of reelection reflects a clear volatility in the race.

(UPDATE: Crist and the Democrats have whittled away at Scott’s and the Republicans’ lead in early voting. However, GOP ballots still make up 43.2 percent compared to 39.1 percent for the Democrats. That translates into an early voting lead of approximately 223,884-vote lead for Governor Scott, still comfortable roughly 70,000 votes higher than Crist needs it to be if he wants to match historical margins.)

Let’s take a look at the commentary, analysis, polling, state data and, of course, you can always get an idea of the overall political landscape by checking out the 2014 Senate Map tab on the end.

Incumbent Republican Gov. Rick Scott entered the 2014 midterm election cycle as one of the most vulnerable GOP governors on the map. Democrats decided to pick a once-popular former governor, Mr. Charlie Crist, to unseat Scott in November. Crist, a Republican-turned-independent-turned Democrat, left the Republican Party after he failed to secure the GOP nomination for U.S. Senate in 2010, and was badly defeated as an independent by now-Sen. Marco Rubio.

Both campaigns have invested heavily in GOTV operations, which Democrats claim will get them over the top, and the raw average of polls show Crist holding a tenuous 1.2-point lead. However, we have good reason to doubt both.

Let’s take a brief look at both variables before moving on to the analysis, beginning with GOTV efforts.

Tim Saler, Scott’s deputy campaign manager, is correctly arguing that early statistics show Republicans comprise 48 percent of the early-vote total, while Democrats represent just 35 percent. Not only is that nearly identical to the advantage Scott held in 2010 — when Republicans outnumbered Democrats 49 percent to 37 percent among early voters — but Republicans haven’t even put their best foot forward yet. Republican-leaning counties in Florida don’t open their early voting locations until this Saturday.

It is worth noting that Scott won the 2010 election by just over one percentage point with early voting performances at roughly the same levels. Meanwhile, Crist is underperforming 2010 Democratic nominee, Alex Sink, which we will discuss further in the analysis. But he is far underperforming President Obama in 2012 — when Democrats had a 4-point advantage on early voting at this point — and the president won the state by roughly just 70,000 votes (under 1 percentage point).

On polling, PPD’s tracking, which factors in early voting totals, now shows Scott holding just above a 1-point lead over Crist. The two candidates are deeply disliked by the electorate, with Scott’s average favorability rating slightly overtaking Crist by a 3-point spread. In such cases, digging a little deeper into the electorate is needed to decide what factors may determine how people will vote, or voted.

When asked whether the phrase “provides leadership” describes Crist, 43 percent said it does, while a far larger 50 percent said the phrase describes Gov. Scott. Another danger sign for Democrats is that Scott peels off more Democrats than Crist does with Republicans. In elections, there is a strong correlation between expectations and outcomes, and nearly half of respondents expect Gov. Scott to win reelection, while under a third say Crist will win. A slight majority of Democrats (52 percent) say Crist will win, while 76 percent of Republicans and 65 percent of independents expect Scott to win.

Let’s go to analysis to look deeper into the GOTV operations.

In the weeks leading up to the primary election, Crist openly and frequently touted the fact his campaign had President Obama’s GOTV operation on-loan, an advantage that Democrats said would close the Republican enthusiasm gap and take Gov. Scott by surprise.

“The president’s campaigns, in both 2008 and 2012, have really rewritten the book on how you get out the vote,” Crist said in an interview. “I can tell you, since I used to be one, Republicans don’t know how to do this.”

However, in politics, what people say in public about the state of a campaign is rarely the truth. The primary results suggested the Obama operation did not translate into energy for Crist, which is now being reaffirmed by early voting results.

Crist defeated Democratic challenger Nan Rich with 620,689 to 214,111 votes, or 74.4 to 24.6 percent. In 2010, Democratic gubernatorial candidate Alex Sink not only defeated her primary challenger by a slightly larger margin, but she earned roughly 43,200 more primary votes than Crist, or 663,802 (76.9 percent). That was a huge disappointment for Democrats who had spent two months leading up to the primary listening to the Crist camp claim their efforts in the vote-rich, Democratic bastion of South Florida exceeded Alex Sink’s.

Scott not only won his primary with more votes — or, 833,593, approximately 210,000 more votes than Crist — but he won it by a larger margin, suggesting the governor solidified his base to a greater extent than Crist and, perhaps more important, Republican enthusiasm was not blunted by the on-loan Obama machine.

Unlike Crist, Scott built his GOTV operation from scratch, which currently boasts more than double the number of field offices Crist has borrowed from the Obama campaign. In August, the Scott campaign said they estimated that their volunteers had already knocked on the doors of 700,000 Floridians, blowing the 200,000 doors that the Romney camp had knocked on by that point in the 2012 election out of the water. Now that we have some early voting data to digest and put into perspective, it would appear that Gov. Scott may just be one of the few Republicans to outdo his Democratic challenger on the ground game front.

Poll Date Sample MoE Crist (D) Scott (R) Raw Spread PPD Poll
PPD Average 9/12 – 10/13 44.0 43 Crist +1 Scott +1
TB Times/Bay News 9/News 13/UF* 10/7 – 10/12 781 LV 3.2 40 40 Tie
SurveyUSA* 10/10 – 10/13 566 LV 4.2 45 41 Crist +4
CNN/Opinion Research* 10/9 – 10/13 610 LV 4.0 44 44 Tie
St. Pete Poll 10/8 – 10/11 3,128 LV 1.8 44 45 Scott +1
SurveyUSA* 10/2 – 10/6 594 LV 4.1 44 42 Crist +2
UNF 9/29 – 10/8 471 LV 4.7 47 42 Crist +5
CBS News/NYT/YouGov 9/20 – 10/1 5689 LV 2.0 44 47 Scott +3
SurveyUSA* 9/26 – 9/29 584 LV 4.1 46 40 Crist +6
SurveyUSA* 9/19 – 9/22 588 LV 4.1 42 43 Scott +1
Quinnipiac 9/17 – 9/22 991 LV 3.1 44 46 Scott +2
SurveyUSA* 9/12 – 9/15 571 LV 4.2 39 44 Scott +5

(Please note: Our model uses separately calculated averages from weighted polls based on PPD’s Pollster Scorecard. Above is the raw spread and the PPD weighted average that includes PPD tracking polls.)

POLITICS

Florida National Average
Partisanship
% Republican/Lean Republican 39 39
% Democratic/Lean Democratic 43 43
Registered Republicans 4,172,232
Registered Democrats 4,628,178
Unaffiliated/Undeclared 2,778,547
Ideology
% Conservative 33 36
% Moderate 37 36
% Liberal 25 23
Presidential Job Approval
% Approve 40 40.6
Partisan Voting Index
Barely Republican R+2

 

Florida Governor Rick Scott (R) leads his

texas governor race

Attorney General Greg Abbott (right) will face the controversial State Senator Wendy Davis (left) in the Texas governor race.

Democrat Wendy Davis took a huge risk with a widely condemned ad attacking her wheelchair-bound opponent for alleged hypocrisy and not supporting the disabled. As is often the case with such tactics of desperation, it didn’t work. Davis is now failing to earn even a third of the vote in the Texas governor race.

A new survey of the Texas gubernatorial contest found Republican Greg Abbott leading Davis 47 percent to 32 percent among likely voters, with 15 percent of voters still undecided. The poll, which was conducted for KHOU-TV and Houston Public Media, showed Green Party candidates Brandon Parmer receiving 1.4 percent and Libertarian Kathie Glass just .7 percent, while roughly 2 percent of voters wouldn’t say who they’re supporting.

Abbott refused to respond in kind to the ad, stating that he has run a campaign that is focused on moving the state of Texas forward.

In the lieutenant governor’s race, Republican Dan Patrick is also enjoying a double-digit lead over his Democratic opponent, Leticia Van de Putte. Third party candidates have failed to gain traction in The Lone Star State, and Libertarian Robert Butler had just 1.8 percent support in the lieutenant governor race, with Green Party candidate Chandrakantha Courtney polling at just .9 percent.

Democrats had hoped Letica Van de Putte would bring Hispanics to the polls and boost Democratic candidates up and down the ballot, but that’s not coming to fruition. Over a third of Hispanics in the poll said they aren’t sure who they are supporting and, in fact, as we’ve previously examined, Hispanics in Texas are going against the national trend. Over the past decade, the number of Hispanics who identify as Republicans has increased while the number identifying with Democrats has decreased.

Abbott has continued to build on past Republican efforts to reach out to Hispanic voters, particularly in Hidalgo County and other southern, Hispanic-vote rich regions of the state. PPD’s 2014 Governor Map Predictions model has always rated the Texas governor race Safe Republican.

Poll Date Sample MoE Abbott (R) Davis (D) Spread
PPD Average 9/11 – 10/16 50.3 38.0 Abbott +12.3
KHOU/Houston Public Media 9/22 – 10/16 781 LV 3.5 47 32 Abbott +15
Rasmussen Reports 10/1 – 10/2 840 LV 3.5 51 40 Abbott +11
CBS News/NYT/YouGov 9/20 – 10/1 4177 LV 2.0 54 40 Abbott +14
Texas Lyceum* 9/11 – 9/25 666 LV 3.8 49 40 Abbott +9
CBS News/NYT/YouGov 8/18 – 9/2 4189 LV 2.0 56 38 Abbott +18
Rasmussen Reports 8/4 – 8/5 850 LV 3.5 48 40 Abbott +8
CBS News/NYT/YouGov 7/5 – 7/24 4320 RV 54 37 Abbott +17
UT/Texas Tribune* 5/30 – 6/8 1200 RV 2.8 44 32 Abbott +12
PPP (D) 4/10 – 4/13 559 RV 4.1 51 37 Abbott +14
Rasmussen Reports 3/3 – 3/4 500 LV 4.5 53 41 Abbott +12
UT/Texas Tribune 2/7 – 2/17 1200 RV 2.8 47 36 Abbott +11
PPP (D) 11/1 – 11/4 500 RV 4.4 50 35 Abbott +15
UT/Texas Tribune 10/18 – 10/27 1200 RV 2.8 40 34 Abbott +6
Texas Lyceum 9/6 – 9/20 798 RV 3.5 29 21 Abbott +8
PPP (D) 6/28 – 7/1 500 RV 4.4 48 40 Abbott +8
PPP (D) 1/24 – 1/27 500 RV 4.4 46 34 Abbott +12

A new survey of the Texas governor

kobani_airstrikes

Smoke rises over Syrian town of Kobani after an airstrike, as seen from the Mursitpinar border crossing on the Turkish-Syrian border in the southeastern town of Suruc in Sanliurfa province, October. (Photo: Reuters/Kai Pfaffenbach)

In defiance of Turkey, U.S. military officials confirmed late Sunday that it had dropped weapons, ammunition, and medical supplies to the Kurdish defenders of the Syrian border town of Kobani. The airdrops, which were staunchly opposed by Turkey, a U.S. ally and NATO member, were part of an increasing effort to aid the Kurds who have been locked in a fierce battle to defend the town against the Islamic State.

“We wanted to make sure we could resupply them so they could continue that effort,” Pentagon spokesman Rear Admiral John Kirby said Monday morning.

The airdrops, indeed, have the Turkish government in protest. Turkey officials say they opposed any U.S. plan to arm the Kurdish fighters in Syria, whom they align with the Turkish Kurd group known as the PKK. The Kurdish group has waged a 30-year insurgency inside of Turkey and, in fact, the PKK is designated a terror group by both the U.S. and NATO.

White House officials say President Obama spoke by phone with Turkish President Recep Tayyip Erdogan on Saturday. The president reportedly discussed the plan to arm the Kurdish defenders, but officials would not say how Erdogan responded. The Turkish media on Sunday quoted Erdogan as saying Ankara would never arm the YPG, which they view as the political wing of the PYD.

“There has been talk of arming the PYD to establish a front here against Islamic State. For us, the PYD is the same as the PKK, it’s a terrorist organization,” the report quoted him saying.

While U.S. Central Command (CentCom) confirmed it had launched 11 airstrikes overnight in the area, they have conducted more than 135 airstrikes against Islamic State forces in Kobani.

“Combined with continued resistance to ISIL on the ground, indications are that these strikes have slowed ISIL advances into the city, killed hundreds of their fighters and destroyed or damaged scores of pieces of ISIL combat equipment and fighting positions,” CentCom said in a written statement.

According to sources close to the British-based Syrian Observatory for Human Rights, 70 Islamic State fighters had been killed in the past two days. The figures are reportedly from the hospital in the nearby town of Tel Abyab, where Islamic State bodies are taken when wounded or killed in action, but they are unconfirmed.

Critics question why the administration is now pushing so hard to defend the town, even risking an already strained relationship with a member of the NATO alliance to help defend it. Erdogan was furious recently after Vice President Joe Biden said he admitted that Turkey and other allies armed Islamic extremists in an effort to overthrow Syrian President Bashir Assad. He denied he ever making the remarks and said Biden would become “history to me” if the administration didn’t retract the allegations with an apology.

“What changed is that ISIL wants that town,” Rear Admiral Kirby said. “It matters to us because it matters to them. They desperately want that town.”

The more resources they pour in to the town, the more targets they represent,” he added. “We’d be foolish not to take advantage of that.”

What impact the arms and assistance with have on the ultimate outcome of the battle is unclear. Many fear the administration waited too long to arm the Kurds, which were in a far better position to defend the city weeks ago. Now, the ISIS advance will be more difficult to stop and their gains in the city not easily reversed.

“We have dropped a bomb here and a missile there, but it has been a photo-op foreign policy,” Sen. Ted Cruz of Texas said on CNN’s “State of the Union” on Sunday. “Obama’s approach to ISIS has been like his approach to so many other issues — fundamentally un-serious.”

Cruz went on to criticize the time it took for the president to make the decision to arm the Kurds, which has no doubt resulted in higher death tolls and harder future missions. According to the Observatory for Human Rights, ISIS fired 44 mortars at Kurdish-controlled parts of the town on Saturday and some of the shells fell inside nearby Turkey.

Overnight, the fierce fighting continued as ISIS fighter hammered the Kurds with mortars and conducted a string of car bombings within the city.

In defiance of Turkey, the U.S. military

IBM_Headquarters_Reuters

The International Business Machines Corporation headquarters in Armonk, New York. (Photo: Reuters)

International Business Machines Corporation (NYSE:IBM), or IBM, posted third-quarter adjusted earnings of just $3.68 per share on revenue from continuing operations of $22.4 billion.

The earnings report widely missed Wall Street expectations that profits-per-share would come in at $4.32 on revenues of $23.4 billion. Shares tanked 5 percent in pre-market trade.

International Business Machines Corporation (NYSE:IBM), or IBM,

RNC Chair Reince Priebus and DNC Chair Debbie Wasserman Schultz both joined Chris Wallace on Fox News Sunday to discuss whether the GOP would control the Senate. PPD’s 2014 election projection model forecast favors Republican control of the U.S. Senate.

CHRIS WALLACE: Let’s talk about the big question, will Republicans take the Senate and as you know, there are bunch of these election labs that are out there. Nate Silver’s 538 website says the GOP has a 62 percent chance of taking the Senate. The “New York Times” upshot says that a 70 percent chance and “The Washington Post” election lab says it’s a 93 percent likelihood. Chairman Priebus, will your party take the Senate?

REINCE PRIEBUS, RNC CHAIR: Yeah, absolutely. We feel really good about our chances of taking the Senate. And it’s partly because number one, the president has taken the country in the wrong direction. These lieutenants out there across the country have followed the president off the plank. And I think that there’s an incompetency malaise across this country where people are not confident in the job that the Democrats have done. And so, we are going to win on the issues, but also what you are seeing is that we are winning on the ground. The Democrat advantage in Iowa is all but evaporating. And then in no other Senate state on the ground are we losing. And so, we are doing what we need to do to win, but it’s more important that we get our country turned around again, Chris.

WALLACE: Congresswoman Wasserman Schultz, you can make this a really news making thing. Are you going to lose the Senate?

DEBBIE WASSERMAN SCHULTZ, DNC CHAIR: No, we’re going to hold the Senate. And we’re going to hold the Senate because over the next couple of weeks, and leading up to even today, the one question that voters are going to ask themselves, Chris, is who has my back? And on issue after issue, Democrats have stood up for jobs, for the economy, for investing in education and health care, those are the issues that voters are talking about. And the Republicans have engaged in trying to take their health care away, to oppose the minimum wage and I just want to address what Reince just said about the ground game. Imagine, could anyone have imagined, that two weeks before Election Day, the Republicans would have to invest in South Dakota, Kansas and Georgia, blood-red states that they are now worried they might lose.

PRIEBUS: Debbie, you guys are losing everywhere, first of all. And the president hasn’t had anybody’s back, now he hasn’t even had your back. And so, I don’t know whose back these Democrats have, but it’s not the American people’s back.

RNC Chair Reince Priebus and DNC Chair

This week on Fox News Sunday, Brit Hume, George Will, Neera Tanden, and Juan Williams joined Chris Wallace to discuss the 2014 Ebola outbreak and the upcoming midterms. Critics are questioning the president’s decision to appoint Ron Klain, a former advisor to Al Gore and Joe Biden with no medical background, as Ebola czar. Republicans are calling Klain a figurehead.

This week on Fox News Sunday, Brit

This week on Face The Nation, Gerald Seib, Susan Glasser, and Jeffrey Kluger joined Bob Scheiffer to discuss whether the government, from President Obama on down, is handling Ebola. Critics are questioning the president’s decision to appoint Ron Klain, a former advisor to Al Gore and Joe Biden with no medical background, as Ebola czar. Republicans are calling Klain a figurehead.

This week on Face The Nation, Gerald

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