Egypt

When a stock such as Apple (Nasdaaq: AAPL) or Chipotle Mexican Grill (NYSE: CMG ) is universally loved, you should think twice about buying in, lest you arrive as the euphoria starts to fade. Instead, look for stocks that aren't being chased by the crowd. These stocks often hit a rough stretch, get shunned by many growth and momentum investors and soon find themselves being valued at a fraction of their former highs. In this unforgiving market, there's no shortage of lagging stocks. Some deserve to be shunned because business is likely to remain lousy, valuations don't look attractive -- even after a big sell-off -- and few catalysts are in place for a rebound. But I've developed a list of stocks that should hold appeal. They've all fallen more than 50% from the 52-week high, are expected to post rebounding results in 2012, and most importantly, now trade for less than 10 times projected 2012 profits. Not only do these stocks possess considerable upside when busines...

When a stock such as Apple (Nasdaaq: AAPL) or Chipotle Mexican Grill (NYSE: CMG ) is universally loved, you should think twice about buying in, lest you arrive as the euphoria starts to fade. Instead, look for stocks that aren't being chased by the crowd. These stocks often hit a rough stretch, get shunned by many growth and momentum investors and soon find themselves being valued at a fraction of their former highs. In this unforgiving market, there's no shortage of lagging stocks. Some deserve to be shunned because business is likely to remain lousy, valuations don't look attractive -- even after a big sell-off -- and few catalysts are in place for a rebound. But I've developed a list of stocks that should hold appeal. They've all fallen more than 50% from the 52-week high, are expected to post rebounding results in 2012, and most importantly, now trade for less than 10 times projected 2012 profits. Not only do these stocks possess considerable upside when busines...

Investing Image Gallery Traders work the floor of the New York Stock Exchange on June 22, 2011. See more investing pictures. Related Articles 10 Biggest IPOs in History 10 Risky Investments The Ultimate Stock Market Quiz Spencer Platt/Getty Images x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x For a new investor, the stock market can feel a lot like legalized gambling. "Ladies and gentlemen, place your bets! Randomly choose a stock based on gut instinct and water cooler chatter! If the price of your stock goes up -- and who knows why? -- you win! If it drops, you lose!" Isn't that why so many people got rich during the dot-com boom -- and why so many peo...

Investing Image Gallery Traders work the floor of the New York Stock Exchange on June 22, 2011. See more investing pictures. Related Articles 10 Biggest IPOs in History 10 Risky Investments The Ultimate Stock Market Quiz Spencer Platt/Getty Images x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x For a new investor, the stock market can feel a lot like legalized gambling. "Ladies and gentlemen, place your bets! Randomly choose a stock based on gut instinct and water cooler chatter! If the price of your stock goes up -- and who knows why? -- you win! If it drops, you lose!" Isn't that why so many people got rich during the dot-com boom -- and why so many peo...

England midfielder David Beckham was involved in another confrontation with a fan during Los Angeles Galaxy's match on Saturday. Beckham, 34, exchanged words with a man in an England shirt during the Galaxy's 1-1 draw with the Kansas City Wizards. Beckham, who was fined following a clash with a fan last week, claimed the spectator insulted his wife Victoria. "He shouldn't actually be wearing that shirt because what he was saying about my wife was a disgrace," he said. The former England captain was fined $1,000 (£600) by Major League Soccer last Friday following a confrontation with fans during a recent friendly against AC Milan. Beckham, who missed part of the Major League Soccer season earlier this year when he joined the Italian giants on loan, was booed by a section of the home crowd during the game. At half-time, he approached one group of fans and appeared to challenge them to meet him on the pitch. Security staff intervened, and police arrested a fan who le...

WASHINGTON: Utah Gov. Jon Huntsman said Thursday he would work with the Chinese government to shore up the global economy and to persuade the Democratic People's Republic of Korea (DPRK) to abandon its nuclear weapons effort if he is confirmed as ambassador to China. 　　 US President Barack Obama chats with Utah Governor Jon Huntsman, whom he nominated as the next US ambassador to China, at the White House in May. [Agencies] Huntsman also promised the Senate Foreign Relations Committee to pursue human rights issues and to encourage China to reduce greenhouse gas emissions. He said he was encouraged by the recent relaxation in tensions between the Chinese mainland and Taiwan. Huntsman indicated he intends to emphasis the opportunities for trade in emissions control and renewable energy technologies in his talks with Chinese officials on global warming. "I know what a market opportunity this is going to be for us," Huntsman said. He noted the US and China together account fo...

Thousands of Chinese steel workers rioted at news of a takeover deal, beating one manager to death, a Hong Kong human rights group has said. About 100 people were hurt in violence in the north-eastern city of Tonghua after workers heard that Jianlong Steel would buy a majority share. They were reportedly frustrated at financial problems during Jianlong Steel's temporary control last year. Jianlong general manager Chen Guojun was beaten to death, the group said. The Information Centre for Human Rights and Democracy said 30,000 steel workers clashed with riot police on Friday in the north-east province of Jilin. The centre reported that Mr Chen was paid about three million yuan ($440,000) last year, while Tonghua's retired workers received as little as 200 yuan a month. The South China Morning Post quoted a police officer as saying the workers would not allow emergency medical staff to enter the building to help Mr Chen. The Tonghua workers also reportedly blocked highways and sm...

A radical cleric who brokered a failed peace deal in Pakistan's Swat valley has been arrested, officials say. Sufi Mohammad was held in Peshawar in the north-west after being warned not to hold meetings there, officials said. Provincial information minister Iftikhar Hussein told a news conference Sufi Mohammad had been detained for encouraging terrorism and violence. The cleric negotiated a peace deal in February, widely seen as allowing the Taliban to take control of the valley. Militants were allowed to impose Sharia law in the district in exchange for an end to two years of fighting. However the deal later collapsed when Taliban fighters failed to disarm and moved into neighbouring districts. "Instead of keeping his promises by taking steps for the sake of peace, and speaking out against terrorism, he did not utter a single word against terrorists," Mr Hussein told a news conference on Sunday. He said that the influential cleric's stance "encouraged terrorism....

Brazil has agreed to triple its payments to Paraguay for energy from a massive hydro-electric dam on their border, ending a long-running dispute. Under the accord, Brazil will pay Paraguay $360m (£220m) a year for energy from the jointly-operated Itaipu plant, one of the biggest in the world. Brazilian President Luiz Inacio Lula da Silva called it a "historic agreement" after talks in Paraguay. The deal is a political victory for Paraguayan President Fernando Lugo. His left-wing government had campaigned on an election promise to gain more revenue from the plant. Bitter dispute Under the deal, Paraguay has also won the right to sell excess energy directly to the Brazilian market, rather than exclusively through the state-owned power utility Eletrobras. The joint project was begun in the 1980s when both countries were under military rule. Paraguay - one of the poorest countries in South America - only uses a 5% share of the electricity produced at the plant and said it was obl...

French President Nicolas Sarkozy has been taken to hospital after becoming ill while jogging, his office said. Mr Sarkozy's chief of staff said the president was "doing well" and talking normally with medics at the military hospital, AFP news agency reported. Earlier, aides told AFP that the 54-year-old president was suffering from a "minor" nerve complaint. He had immediately been seen by his doctor after "feeling faint", his office said. The incident happened at Mr Sarkozy's weekend retreat near Versailles, outside Paris, and he was taken to a military hospital, AFP said. The Elysee Palace had no further official information. AFP reported that Mr Sarkozy had suffered a vagal nerve attack, adding that it could involve a brief loss of consciousness and change in the heart rate. The vagal nerve is a major nerve that runs from the abdomen to the brain and controls many functions. Mr Sarkozy is regularly seen running and is a keen cyclist. The Elysee ...

Scientists say they have found a new way to mend damage to the heart. When cells turn into fully-formed adult heart muscle they stop dividing, and cannot replace tissue damaged by disease or deformity. But a US team have found a way to coax the cells to start dividing again, raising hopes they could be used to regenerate healthy tissue. The study, carried out on mice and rats by Children's Hospital Boston, appears in the journal Cell. If the same mechanisms identified by the researchers can be shown to work in the human heart, it opens up real possibilities for new and more efficient ways to treat people with heart disease Professor Jeremy PearsonBritish Heart Foundation The researchers say their work could provide an alternative to stem cell therapy, which is still largely untested, and carries a potential risk of side effects. In theory, it could be used to treat heart attack patients, those with heart failure and children with congenital heart defects. The key ingredient is a gr...

A helicopter has crashed on to a highway in the US state of Maryland and burst into flames, killing all four people on board, officials say. No vehicles were hit when the commercial aircraft came down on Interstate 70 in western Maryland. Firefighters found the helicopter engulfed in flames when they arrived at the scene on Thursday night. Visibility was said to be limited because of fog, but it was not clear if weather played a part in the crash. Storms had passed through the area earlier in the night, the Associated Press reports. Emergency services received a call about the crash at 2230 local time, Washington County emergency services director Kevin Lewis said. Mr Lewis was among the first on the scene of the crash, west of the Washington County-Federick County line. He said the helicopter was a Robison R44, four-seat commercial aircraft. The highway has been shut in both directions and an investigation is underway.

The US Senate says it will not be able to vote on a US healthcare reform bill by August, in a setback to President Barack Obama's proposed timetable. But Mr Obama said he still wanted to see the bill passed by year's end. He said his intention was not to add to the country's fiscal deficit of over $1 trillion, but to address it by tackling spiralling health costs. But Republicans and leading Democrats have objected to the rush, saying the bill will be taken up after the summer. "I think that it's better to have a product that is one that's based on quality and thoughtfulness rather than trying to jam something through," Senate Democratic Leader Harry Reid told reporters. The BBC's Jane O'Brien in Washington says the setback is substantial but not terminal. 'Difficult issues' In a major televised news conference on Wednesday, the president stressed the importance of passing the bills by the end of the first week in August, so he would be in ...

David Beckham insists he is staying with the LA Galaxy despite a hostile response from some fans to his return. The England midfielder was booed by sections of the crowd at his first home game after a loan spell at AC Milan. But he said: "At the end of the day, I play my game, whether I get booed or not doesn't matter to me." He also denied reports he is planning to put his Beverly Hills home up for sale, saying: "That's not true... it's just another rumour." Beckham, 34, provoked the wrath of some Galaxy supporters by missing the first half of the Major League Soccer season in order to play for AC Milan. He was keen to satisfy England boss Fabio Capello's demand for him to play at the highest level to remain in the running for international selection. Beckham, England's most capped outfield player with 112 appearances, is keen to play on until the 2010 World Cup finals in South Africa. 606: DEBATE I admire Beckham for wanting to be at his best f...

The trial of Burmese pro-democracy leader Aung San Suu Kyi is reported to have resumed in Rangoon, with lawyers presenting closing statements to court. Ms Suu Kyi is being tried on charges of violating the terms of her house arrest in May, after a US man evaded guards and swam to her lakeside home. If convicted she faces up to five years in jail. The trial has been widely condemned as a ploy to keep the Nobel Peace laureate in custody until after elections. Polls are planned by the military government for some time next year. Ms Suu Kyi's National League for Democracy won the last elections in 1988 but was never allowed to take power. Ms Suu Kyi, 64, has spent nearly 14 of the last 20 years in detention, much of it at her Rangoon home. 'Law on our side' The trial, which had been expected to wrap up in days when it started, has dragged on for more than two months. A Burmese official who did not wish to be identified told the Associated Press news agency that proceedings had ...

-GRAND-BORNAND, France -- Alberto Contador closed in on victory at the Tour de France on Wednesday after finishing second behind Frank Schleck in the 17th stage as the race left the Alps. triggerAd(1,PaginationPage,11); Lance Armstrong trailed by more than 2 minutes and fell from second to fourth overall in the 105-mile ride from Bourg-Saint-Maurice to Le Grand-Bornand -- seen by many as the toughest stage this year. The stage likely ended any realistic chance Armstrong had of overtaking his Astana teammate Contador, and the seven-time Tour champion will now have to fight for a place on the podium instead. Contador kept the yellow jersey by staying with Schleck and his younger brother Andy in a three-man breakaway at the end of the stage. Andy Schleck finished third and Armstrong fifth, 2:18 back. "I'm very proud of myself -- I'm proud of my brother," Frank Schleck said. The Schleck brothers leapfrogged Armstrong in the overall standings, with Andy 2:26 behind Contado...

LONDON (AFP) - The yen fell against the dollar and euro on Thursday as this week's gains on global stock markets reduced the appeal of the safe-haven Japanese currency, analysts said. Full Story » AP – Wed Jul 22, 6:45 pm ET How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. Since Lehman's fall, which touched off a paralysis of the credit markets and deepened the recession, the stock market has gone through an extended period of volatility before kicking into a big rally this spring. The numbers are the closing levels for the Dow: Full Story » SEC plans 'pay-to-play' curbs on investment firms AP – Wed Jul 22, 6:04 pm ET WASHINGTON - Federal regulators on Wednesday proposed new rules to restrain investment firms from making political donations to state or local government officials with an eye toward winning pension plan or other public business. Ful...

LONDON - European stock markets fell modestly Thursday despite Asian gains earlier as investors pored over a raft of earnings across the continent and awaited another batch of U.S. results. Full Story »