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High court rules for power company over Montana dams

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WASHINGTON (AP) – The Supreme Court has sided with a power
company in a dispute with Montana over who owns the riverbeds
beneath 10 dams sitting on three Montana rivers.
In a case that reached back to the travels of Lewis and Clark
more than 200 years ago, the court voted unanimously Wednesday to
throw out a state court ruling that could have cost the company
more than $50 million.
The justices said the Montana Supreme Court was wrong to
conclude that the state owns the riverbeds and ordered the state
court to take another look at the case.

 

Wall Street – 10 Most Active

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Wall Street-Heavily Traded

Here are the ten most active Big Board issues at this time

  1. Bank of America Corp down .051 8.059
  2. SPDR S&P 500 ETF Trust down .200 136.270
  3. SPDR Financial Sector down .100 14.675
  4. Alcatel-Lucent ADS rep. 1 Ord. down .110 2.460
  5. General Electric Co down .091 19.319
  6. iShares Russell 2000 Index Fund down .165 82.065
  7. Barclays iPath S&P500 VIX Short-Term Fut down .360 26.200
  8. iShares Emerging Markets Index Fund up .070 43.820
  9. Chesapeake Energy Corp down .615 24.005
  10. Ford Motor down .170 12.360

The ten volume leaders on the American Stock Exchange:

  1. Samson Oil & Gas Ltd ADS rep 20 ord up .260 2.960
  2. Cheniere Energy Inc down .500 13.660
  3. NovaGold Resources Inc up .005 8.755
  4. Nevsun Resources Ltd up .140 4.120
  5. Tengasco Inc up .040 1.120
  6. North American Palladium Ltd up .070 2.840
  7. New Gold Inc down .070 11.670
  8. Transatlantic Petroleum Ltd up .051 1.451
  9. Bacterin International Holdings Inc up .285 2.895
  10. Longwei Petroleum Investment Holding Ltd up .014 1.724

And the ten most active issues in Nasdaq trading:

  1. Dell Inc down 1.140 17.070
  2. Sirius XM Radio Inc down .015 2.105
  3. Microsoft Corp down .080 31.360
  4. PowerShares QQQ Trust Series I down .130 63.480
  5. Cisco Systems down .170 20.190
  6. Intel Corp down .095 27.065
  7. Yahoo Inc down .270 14.480
  8. Brocade Communications Systems Inc up .235 5.735
  9. Gilead Sciences Inc down .675 44.015
  10. Oracle Corp up .150 28.890

Neb. jail official accused of refusing a prisoner

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GRAND ISLAND, Neb. (AP) – A jail official in central Nebraska has been investigated for misconduct after refusing to take custody of a prisoner, but it’s not clear if he will face any charges.
32-year-old Jimmy Vann could face a misdemeanor charge of official misconduct for the Feb. 1 incident. Vann is Hall County’s assistant corrections director.
A brief police report says this matter is related to the arrest of Jeremie Mitchell on a bench warrant for missing his trial for criminal mischief.
It’s not clear exactly what happened because officials are not saying much about the case. Vann and police referred questions to County Attorney Mark Young who declined to comment. Young says he’ll likely refer the matter to the attorney general’s office.

 

Neb AG rebuts Ryan’s plea for stay of execution

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Michael Ryan

LINCOLN, Neb. (AP) – The Nebraska Attorney General’s office has asked the state Supreme Court to reject a request by death row inmate Michael Ryan to put his upcoming execution on hold.
Nebraska Solicitor General J. Kirk Brown filed his request Tuesday.
Ryan was sentenced to death for the 1985 cult-related murder of a man and child near Rulo. His motion says Nebraska’s lethal injection protocol did not exist during his conviction, sentencing and previous appeals. For that reason, he says, none of the grounds for relief he’s seeking could have been raised in previous pleas.
Brown argues that the Nebraska Supreme Court has repeatedly held that the mode of execution is separate from the procedures a trial court uses to sentence a defendant.

 

 

Fremont’s illegal immigration law to be nuisance

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FREMONT, Neb. (AP) – A Nebraska city’s attempt to fight illegal immigration appears likely to be more of an inconvenience for legal residents than a deterrent to illegal immigrants.
Fremont’s newly court-approved ordinance won’t have any effect beyond the city limits. That means two major meatpacking plants and some neighborhoods that have large immigrant populations won’t be covered by the requirements.
The rules add red tape for businesses and renters.
Businesses must use the federal E-Verify database to ensure employees are legal.
Potential renters must swear they are legal residents and pay $5 to obtain a renting permit. But the city won’t be able to revoke the permits of applicants found to be illegal immigrants.
Backers say the provisions approved by a federal judge represent progress on the issue.

 

 

(Update) Man accused in Norfolk shooting in court

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Carlos Arevalo Martinez

NORFOLK, Neb. (AP) – The suspect in a Norfolk shooting says it was an accident.
34-year-old Carlos Arevalo-Martinez twice told a Madison County judge on Tuesday that the Feb. 14 shooting was accidental. Arevalo-Martinez made the statements through an interpreter.
Arevalo-Martinez is charged with assault and use of a firearm to commit a felony. He’s suspected of shooting 33-year-old Edna Gutierrez. Gutierrez, who was shot in the head, remains hospitalized in Omaha. She’s also known as Edna Little Elk.
Arevalo-Martinez remains in jail on $1 million bond.
He’s due back in court on Tuesday.

 

 

Child injured in Kearney fire

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KEARNEY, Neb. (AP) – Authorities say a child is in good condition after suffering injuries in a duplex fire in Kearney.
The fire broke out in a bedroom on the second floor Monday night. 3-year-old Payton Houston was at home with her mother, Melissa Lawsen, and another adult when the fire started.
Lawsen told police the fire may have started from a candle burning in her bedroom.
Firefighters estimate damage to the duplex at $75,000.

 

 

2 arrested, 1 sought in early morning assaults

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NORTH PLATTE, Neb. (North Platte Post) – An early morning assault has three North Platte residents facing felony charges.
Police were called to the 2800 block of Rodeo Road around 1:30 a.m. Monday on a report of several assaults. The resident’s estranged husband allegedly led a pipe-wielding attack with two others on several people inside the home. The man, 22 year old James Horn was soon arrested and charged with two counts of second degree assault and use of a weapon to commit a felony, both felonies. Assisting Horn in the alleged attack were 19 year old Johnathon Loving and 23 year old Cortney Lopez. Loving was arrested and charged with aiding and abetting second degree assault; a felony, third degree assault and second degree trespassing. Lopez is still being sought on charges of aiding and abetting second degree assault, third degree assault and second degree trespassing.

 

Total number of Nebraska farms drops again

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LINCOLN, Neb. (AP) – The number of Nebraska farms dropped again last year.
A report by the U.S. Department of Agriculture’s National Agricultural Statistics Service says the total hit 46,800 in 2011, compared with 47,200 in 2010.
The service says the 2010 figure was unchanged from 2009. But those figures were down 200 from 2008’s count.
In Nebraska, the average farm size was 972 acres last year, compared with 966 the year before.
The number of Nebraska farms with annual sales above $500,000 grew by 1,500 in 2011. Much of that was offset by a combined drop of 1,100 for the sales categories of $100,000 to $250,000 and $250,000 to $500,000. The USDA says higher commodity prices were a major factor in those figures.

 

Hastings’ Kool-Aid festival seeks T-shirt designs

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HASTINGS, Neb. (AP) – Organizers of Hastings’ annual Kool-Aid Days festival are seeking contest entries for the festival’s official T-shirt.
The 2012 festival theme is “Still rockin’.” That’s short for “Still rockin’ after all these years.”
The festival honors Edwin Perkins’ 1927 invention of Kool-Aid in Hastings.
The winner of the T-shirt competition will receive a $250 prize.
The design will be featured on memorabilia for the event, which will run Aug. 10-12.
The T-shirt logo must have the words Kool-Aid Days 2012, Still Rockin’ and an image of the Kool-Aid Man. The Kool-Aid Days website, kool-aiddays.com, lists other requirements.
The entry deadline is Feb. 29.

 

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