Police on high alert after ex-LAPD cop's alleged serial shootings

Authorities across Southern California were on high alert Thursday morning as a massive manhunt was underway for an ex-Los Angeles police officer sought in connection with a double homicide and the shootings of three police officers, one of whom was killed.

Local, state and federal authorities are involved in the search for Christoper Jordan Dorner, 33, who threatened "unconventional
and asymmetrical warfare" against police in an manifesto posted on his Facebook page.

Dorner also threatened more than two dozen people -- including police officials -- in his manifesto. Officers from around Southern California have been deployed
to protect those people. In some cases, police said, those at risk have relocated for their safety.

PHOTOS: Manhunt for ex-LAPD officer

 LAPD Chief Charlie Beck is expected to hold a news conference at
10 a.m.

When asked if police felt they were under attack, Riverside Police Lt. Guy Toussaint said: “Based on the circumstances of the
shooting, yes I do.”

Hours after authorities announced they were looking for Dorner in connection with a double homicide in Orange County, the search intensified after three police officers were shot in Riverside County and Dorner was identified as a possible suspect.

Ex-LAPD cop tried to steal boat, flee to Mexico, authorities say

Freeway signs urged motorists to call 911 if they saw the suspect's vehicle as officers patrolled the streets near one of the Riverside County crime scenes with rifles at the ready. Los Angeles was put on a citywide tactical alert and California Highway Patrol issued a "blue alert" for nine Southern California counties warning Dorner was considered "armed and extremely dangerous."

The first shooting occurred about 1:30 a.m. Thursday in Corona, where two Los
Angeles Police Department officers providing protection for
someone mentioned in Dorner's manifesto, officials said. One
officer suffered a graze wound to the head during a shootout and Dorner fled
the scene, police said.

A short time later, two Riverside officers were shot at the corner of Magnolia Avenue and Arlington
Avenue in
Riverside. Toussaint said the officers were
sitting at a red light when they were ambushed. One was killed, the
other was still in surgery Thursday morning.

Ex-LAPD officer threatened to kill in online manifesto

There was no indication the officers were "actively seeking Dorner," Toussaint said.

“Our
officers were stopped at an intersection at a red light when they were
ambushed," he said. "Because of the close proximity to the timeline, we believe there is a
strong likelihood that former LAPD Officer Christopher Dorner was involved in
our incident.”

In the online manifesto, Dorner specifically named the father of
Monica Quan, the Cal State Fullerton assistant basketball coach who was
found dead Sunday in Irvine along with her fiance, Keith Lawrence.

Randy Quan, a retired LAPD captain, was involved in the review
process that ultimately led to Dorner’s dismissal. A former U.S. Navy
reservist, Dorner was fired in 2009 for allegedly making false
statements about his training officer. In the manifesto, he complained that Randy Quan and others did not fairly represent him at the review hearing.

“The violence of action will be high .... I will bring unconventional
and asymmetrical warfare to those in LAPD uniform whether on or off
duty," Dorner wrote.

As authorities swarmed the area, two officer-involved shootings occurred in Torrance after police came across vehicles they thought might be Dorner's.

The first Torrance incident occurred about 5:20 a.m. in the 19500
block of Redbeam Avenue in Torrance, Lt. Devin Chase said. That incident involved
Los Angeles police detectives from the Hollywood division, sources said.

Two people were struck by gunfire and transported to an area hospital with unknown injuries, Chase said. No officers were injured.

The second incident, which involved Torrance police officers,
occurred at Flagler Lane and Beryl Street about 5:45 a.m. No injuries
were reported in that incident.

Chase said both incidents involved vehicles matching the description of the one sought in connection with Dorner.

"Now it appears neither of them are directly related," Chase said. "In both of them, officers believed they were at the time."

Authorities said they believe Dorner attempted to steal a boat from an elderly man about 10:30 p.m. Wednesday
at the Point Loma Yacht Club in San Diego, hours before the shootings in
Riverside County.

The boat owner reported being accosted by a burly man who tied him up, threatened
him with a gun and said he wanted the boat to flee to Mexico.

PHOTOS: Manhunt for ex-LAPD officer

But while they were trying to get underway, a rope became entangled
in the propeller and the boat was inoperable, authorities said.

The suspect fled the scene and the boat owner was unharmed.

About 2 a.m., a citizen reported finding property belonging to Dorner
on a street near Lindbergh Field, not far from the scene of the
attempted boat theft. The property included a briefcase and Dorner's
LAPD badge.

ALSO:

Riverside police 'ambushed' by shooter, official says

Police shoot two in Torrance in search for ex-LAPD cop

Manhunt underway for ex-LAPD officer suspected of shooting 3 cops

— Andrew Blankstein, Kate Mather, Phil Willon and Tony Perry

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Clashes Erupt in Damascus, Shattering Lull, as Prospects for Talks Dim

Goran Tomasevic/Reuters

A building in the Damascus suburb of Zamalka was hit by a mortar shell fired by the Syrian Army on Wednesday.

BEIRUT, Lebanon — Syrian insurgents attacked military checkpoints and other targets in parts of central Damascus on Wednesday, antigovernment activist groups reported. The fighting shattered a lull there as prospects for any talks between the antagonists appeared to dim, a week after the opposition coalition leader first proposed the surprise idea of a dialogue aimed at ending the war.

Some antigovernment activists described the resumption of fighting, which had lapsed for the past few weeks, as part of a renewed effort by rebels to seize control of central Damascus, the Syrian capital, although that depiction seemed highly exaggerated. Witness accounts said many people were going about their business, while others noted that previous rebel claims of territorial gains in Damascus had almost always turned out to be embellished or unfounded.

Representatives of the Military Council of Damascus, an insurgent group, said that at least 33 members of President Bashar al-Assad’s security forces in Damascus had surrendered, while others had fled central Al Abasiyeen Square, and that other forces had erected roadblocks on all access streets to the area to thwart the movement of rebel fighters.

Salam Mohammed, an activist in Damascus, described Al Abasiyeen Square as “on fire,” and a video clip uploaded on YouTube showed a thick column of black smoke spiraling over the area while the sound of shelling could be heard. A voice is heard saying the shelling had started a fire. The Local Coordination Committees, an anti-Assad activist network in Syria, also reported gunfire in nearby streets.

Firas al-Horani, a military council spokesman, said fighters of the Free Syrian Army, the main armed opposition group, were in control of Al Abasiyeen Square. He also said, “The capital, Damascus, is in a state of paralysis at the moment, and clashes are in full force in the streets.”

It was impossible to confirm Mr. Horani’s assertions or the extent of the fighting because of Syrian government restrictions on foreign news organizations. But Syria’s state-run media said insurgent claims of combat success in Damascus were false. “Those are miserable attempts to raise the morale of terrorists who are fleeing our valiant armed forces,” said SANA, the official news agency.

Deadly violence also was reported in the Homs Province town of Palmyra, the site of a notorious prison where Mr. Assad’s father, Hafez, ordered the summary execution of about 1,000 prisoners during an uprising against his family’s grip on power in the 1980s.

The Syrian Observatory for Human Rights, a Britain-based group with a network of contacts inside Syria, said two booby-trapped cars exploded near the military intelligence and state security branches, killing at least 12 members of the security forces and wounding more than 20. The observatory said government forces deployed throughout Palmyra afterward, engaging in gun battles with insurgents that left at least eight civilians wounded in the cross-fire.

SANA also reported an attack but said it was caused by two suicide bombers who had targeted a residential part of the town, killing an unspecified number of civilians.

The new mayhem came as discord appeared to grow within the National Coalition of Syrian Revolutionary and Opposition Forces, the umbrella anti-Assad group, over a proposal made on Jan. 30 by Sheik Ahmad Moaz al-Khatib, its leader, to engage in talks with Mr. Assad’s government aimed at ending the nearly two-year-old conflict, which has left more than 60,000 people dead. Although Sheik Khatib’s proposal contained a number of conditions, it broke a longstanding principle that Mr. Assad must relinquish power before any talks can begin.

Many of Sheik Khatib’s colleagues grudgingly agreed to go along with the proposal after it had been made, but critical voices have been rising, especially among the coalition’s more militant elements.

In a new video uploaded on YouTube, a cleric from the Nusra Front, an anti-Assad Islamist militant group that the Obama administration has classified as a terrorist organization, said in a prayer speech that brute force against Mr. Assad and his disciples was the only solution.

“We will cut their heads, we swear to kill them all, and they will see our worst war,” said the cleric, who spoke in Libyan-accented Arabic at a mosque in the contested northern city of Aleppo, holding a sword in his right hand. “No for the negotiations, no for the talks, no retreat in a jihad for God’s sake.”

Hania Mourtada reported from Beirut, and Rick Gladstone from New York. Karam Shoumali contributed reporting from Antakya, Turkey.

Read More..

Leighton Meester Is Dating Adam Brody

By Julie Jordan

02/06/2013 at 12:45 PM EST

Adam Brody and Leighton Meeste

Henry S. Dziekan III/Wireimage

It looks like Leighton Meester is getting a taste of Orange County, Calif.

The former Gossip Girl star, 26, who has been an N.Y.C. staple, is dating former The O.C. star Adam Brody, 33, sources confirm to PEOPLE.

Reps for the actors have not commented, and both have kept their private lives out of the spotlight over the years.

In 2010, Meester briefly addressed her "really hard" split from Sebastian Stan, saying, "I was really sad when it ended, but that's what taught me a lot about myself and love and life – and that's good."

Brody most famously dated O.C. costar Rachel Bilson. They split in 2006, and the actor most recently publicly courted screenwriter Lorene Scafaria in 2011.

Meester and Brody reportedly became close after costarring in the film The Oranges.

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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.

___

Follow Jennifer Peltz at http://twitter.com/jennpeltz

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Woman drugged girl, use her in hard-core porn, police allege

This post has been corrected. Please see below for details.

A North Hills woman who authorities allege plied a young girl with crack cocaine and photographed her having sex with an older man was indicted Tuesday on federal charges of producing child pornography and child sex trafficking.

Letha Montemayor Tucker was named Tuesday in a four-count indictment returned by a federal grand jury. If convicted of all the charges, Tucker would face a mandatory minimum federal prison sentence of 10 years and could get up to life in prison, authorities said.

The charges come a month after authorities sought the public's help in the investigation by releasing photographs of a man and woman depicted in a set of widely circulated child pornography photos. 

Tips started pouring in immediately after the photos were released, investigators said.

Tucker, who goes by the name Butterfly, was located about 10 hours after the release of the photos and taken into custody, said Claude Arnold, special agent in charge for Homeland Security Investigations in Los Angeles, a division of U.S. Immigration and Customs Enforcement.

The alleged victim, who was about 12 years old when the photos were taken, was located within a week of the case going public, Arnold said. She is an adult now and is cooperating with authorities, he said. In addition to photographing the girl having sex with the man, authorities say, Tucker also committed sex acts with the victim.

Authorities are still trying to identify the man in the photographs.  

The photos were part of a child pornography collection known as the "Jen Series." The 40-some photos were first discovered by investigators in the Chicago area in 2007. Investigators say images in the series have been reported about 300 times and have been found on computers across the country.

The victim "didn't even know these images were out there," Arnold said.

An arraignment for Tucker is scheduled Feb. 13.

For the record, 6:06 p.m.: A previous version of this post gave the incorrect job title for Arnold.

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Chris Brown case raises tough questions for Virginia authorities

L.A. supervisors approve task force to examine 'maternity hotels'

Amid molestation scandal, archdiocese mulls over $200-million fund-raiser

-- Hailey Branson-Potts

Photo: Letha Montemayor Tucker, 52, of North Hills is led away by Immigration and Customs Enforcement agents after her arrest on suspicion of child pornography Jan. 3. Credit: Associated Press

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China Issues Plan to Narrow Income Gap

HONG KONG — The Chinese government on Tuesday issued a long-awaited plan to narrow the gulf between rich and poor, offering broad vows to lift the incomes of workers and farmers and choke off corrupt wealth but few specific goals to rein in the nation’s wide inequality.

The proposal was mired for months in an internal dispute about whether to aggressively scale back the rising salaries and benefits of some officials working for state-owned business and banks. The document that emerged from the discussions is filled with commitments to deal with that issue and other sources of public concern about the gap between the incomes of residents of dirt-poor villages and those living in privileged urban enclaves.

“There are some stark problems in income distribution that need urgent solving,” said the plan, which was issued on the central government’s Web site. “Chiefly, there remain quite large disparities in urban-rural development and incomes, income allocation is poorly ordered, and there are quite serious problems with invisible and unlawful sources of income.” The document was drafted by the National Development and Reform Commission and other central agencies.

The income distribution plan was one of the initiatives promised by the departing Chinese prime minister, Wen Jiabao, who leaves office in March. But it also underscores the extent to which the country’s new generation of leaders under Xi Jinping has also promised to expand state spending on health care, education and social welfare.

Mr. Xi, who was appointed Communist Party chief in November and is set to become state president in March, has said he wants to accelerate economic changes in the spirit of Deng Xiaoping, who began the process of transforming China into a more modern economy after decades of rule by Mao Zedong. But in the process of introducing market forces in China, such changes have starkly widened income disparities.

Since Mr. Xi took office, Chinese news media have reported on a succession of officials who have been accused of siphoning bribes and public money into their pockets. The income plan, however, does not offer specific new initiatives to reduce corruption.

Beyond a general commitment to eliminate sources of illegal income, the plan says that officials must abide by already announced rules to report earnings and assets to superiors. Many experts, however, have said such rules are ineffective without public disclosure as well.

Average disposable annual income for Chinese urban residents in 2012 was the equivalent of about $4,000, an increase of 9.6 percent after taking inflation into account. Average rural net income was just under $1,300 per person, a rise of 10.7 percent after adjusting for inflation, the Chinese National Bureau of Statistics announced in January.

The bureau also said that in 2012 China’s Gini Coefficient, a widely used index of income inequality, was 0.474, slightly higher than levels of inequality in the United States, where income disparity has widened sharply in recent decades and now stands as one of the highest among advanced industrial nations. But some economists have said China’s measure is actually much higher, when illicit and poorly reported sources of wealth are taken into account.

“Deepening reform of the income distribution system is an extremely arduous and complex task of systemic engineering,” the new plan says. “It cannot be achieved in one step.”

Read More..

Bridget Jones Is Back: Helen Fielding to Release New Novel in November

02/05/2013 at 12:30 PM EST

Renée Zellweger in Bridget Jones's Diary

Everett

Bridget's back – and better than ever?

It's been 14 years since readers last heard from frumpy, lovelorn, calorie-counting Bridget Jones, memorably played on film by Renée Zellweger.

Now author Helen Fielding is readying a brand-new Jones novel, but don't expect her lovable protagonist to be exactly the same this time around.

According to a press release about the book obtained by the New York Times, the book will take place in present day London and "represents a totally new phase in Bridget's life."

Considered by some to be a possible Fielding alter-ego, the author explains: "My life has moved on and Bridget's will move on, too."

The new, currently untitled book will be released by Alfred A. Knopf in November, and it's the follow up to 1996's Bridget Jones's Diary and 1999's Bridget Jones: the Edge of Reason.

What do you think Bridget has been up to in the years that passed? Share your thoughts in the comments below.

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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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Mystery after basketball coach, fiance murdered in parking lot

This post has been corrected. See the note below for details.

Family and friends had only praise for a Cal State Fullerton coach and her fiance Monday, a day after the recently engaged college sweethearts were found fatally shot in the parking structure of their condominium near UC Irvine.

The bodies of Monica Quan, an assistant women's basketball coach, and Keith Lawrence, who worked as a campus officer at USC, were discovered Sunday night in their parked car on the top floor of the parking structure at the upscale, high-security condominium complex.

They were each shot multiple times, and authorities said they have
tentatively ruled out the possibility of the crime being a murder-suicide or
motivated by robbery.

Those that knew the couple said they were shaken by the news.

Marcia Foster, the head basketball
coach at Cal State Fullerton, described her assistant as a special
person: "bright, passionate and empowering."

"I'm sorry we're gathered here today for news like this," Foster said at a campus news
conference Monday. "There just aren't words."

Friends said Quan shared a love of basketball with Lawrence, whom she met at Concordia University in Irvine, where the two played basketball. A tweet from Concordia on Monday described the two as "incredible alum."

Lawrence was a standout player, both at Concordia, where he helped lead his team to the 2007 NAIA national championship game, and at Moorpark High, where he was a starter.

Tim Bednar,
who coached Lawrence at Moorpark, said the point guard and shooting guard came from a family of athletes, was
talented, yet quiet and humble. After Lawrence graduated in 2003, he
continued to participate in summer youth camps.

When he returned for the camps, Bednar said, he was known as the "best basketball player that ever came through" the school.

"He was awesome with the kids," Bednar said. "They all wanted to be around Keith Lawrence."

Lawrence's friends and family put up a Facebook page. "RIP Keith
Lawrence, you will be missed," it said. Within hours, 840 people had
left comments or indicated they "liked" it. Concordia put up a link to
Lawrence's game-winning shot that carried the school into a post-season
tournament.

Michelle Thibeault, 27, said in a Facebook message that she had known
Quan for more than a decade. The two were on the same athletic teams
and went to junior high and high school together. "Monica was loved by
everyone," she said.

During a somber gathering at the Cal State Fullerton gymnasium Monday, Foster said: "We just shared a moment of incredible joy on her recent engagement. A bright light was just put out."

[Updated, 9:35 a.m. Feb.5: An earlier version of this post attributed a statement about Monica Quan to Quan's brother, Ryan. It should have been attributed to Marcia Foster, head basketball
coach at Cal State Fullerton.]

About 40 people later gathered at Walnut High School to remember Quan, whose aunt described her as "vivacious and energetic."

“Monica is like the daughter we never had,” Nicki Lew said.

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BlackBerry shares jump after Bernstein upgrades stock

TORONTO (Reuters) – Shares of BlackBerry rose more than 8 percent in on Monday after Bernstein Research said it was upgrading the stock to “outperform” after last week’s launch of the company’s new line of BlackBerry 10 smartphones.

The brokerage firm, which has not had an “outperform” rating on the stock for more than three years, also lifted its price target to $ 22 from $ 12, saying it has grown much more confident about the success of the smartphones, powered by the new BlackBerry 10 operating system.

Shares of BlackBerry, which is in the process of changing its legal name from Research In Motion, rose 8.9 percent to $ 14.18 in early Nasdaq trading. BlackBerry’s Toronto-listed shares were up 9.1 percent at C$ 14.21 at 10:30 EST.

The stock began trading under the “BBRY” symbol on Nasdaq on Monday and under the “BB” symbol on the Toronto Stock Exchange. The stock used to trade as “RIMM” on the Nasdaq and “RIM” on the TSX.

“We upgrade BlackBerry to outperform today as we believe BB 10 is set for a strong launch,” Bernstein analyst Pierre Ferragu said in a note to clients. “Even if the long-term prospects for the platform are very uncertain, we believe all is in place for BlackBerry 10 to enjoy a great debut.”

BlackBerry, a one-time pioneer in the smartphone industry, has ceded market share in recent years to the likes of Apple’s iPhone, Samsung’s Galaxy line and a slew of devices powered by Google Inc’s market-leading Android operating system.

In a make-or-break move to regain market share and return to profit, BlackBerry introduced its new line of smartphones to much fanfare on Wednesday. However, its stock fell more than 10 percent following the launch as investors were disappointed that the new smartphones will only go on sale in mid-March in the crucial U.S. market.

“The strength of this launch is overlooked by investors, creating strong opportunity to buy BlackBerry,” said Ferragu, adding that he expects strong initial corporate demand for the new devices.

“We believe BlackBerry should trade in the $ 20-$ 25 range once a decent launch for Blackberry 10 and a stabilized trajectory for fiscal year 2014 are priced in,” he said.

BlackBerry unveiled both a touch-screen device and a physical-keyboard device last week. While the traditional keyboard model only goes on sale in April, the touch-screen device is already on sale in the United Kingdom and hits store shelves in Canada this week.

Waterloo, Ontario-based BlackBerry said the U.S. launch was delayed until mid-March because U.S. wireless carriers have a longer testing phase than carriers in other countries. The devices, which are set to retail for C$ 599 ($ 600) in Canada, are currently attracting bids of more than $ 1,000 each on auction site ebay.com.

(Reporting by Euan Rocha; Editing by Lisa Von Ahn; and Peter Galloway)

Wireless News Headlines – Yahoo! News

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