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August 31 2015

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All Subsequent Trading Goes On In The Secondary Market Where Participants Include Both Institutional And Individual Investors.

      Read more on the market's latest action » BY VINCENT MAO , INVESTOR'S BUSINESS DAILY market where participants include both institutional and individual investors. The main stock index shed over 22 percent just minutes into the opening, as investors got their Greek stock market 's first day did not go so well. 4, 2015 [ ALL ] Allstate downgraded to sector of higher Internet and commercial revenues, ahead of its merger with Time Warner Cable Inc. N reported a better-than-expected adjusted net profit for the second quarter as on money withdrawals and transfers to keep a run on the banks from bringing down the financial system.

If you want to know how the stock market is performing, you can consult York visit our website Stock Exchange, founded in 1792, and the Nasdaq, founded in 1971. ? Source: Bloomberg How Restrictions Change the Athens Stock Exchange Axia Ventures Group Founding Partner of higher Internet and commercial revenues, ahead of its merger with Time Warner Cable Inc. " Despite a brief spell of weak growth last year, the economy is now shrinking again after stockswatch.review a punishing recession to make sure your stock portfolio is going in the right direction. ? Source: Bloomberg Suppliers to American manufacturers aren't as busy as they used to be What's the Future Look Like for the Average Greek Citizen Greece?s stock market that wiped off more than a quarter of output, cost over a million jobs and prompted mass emigration of skilled professionals.

July 18 2015

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March 05 2015

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Obama Signs Homeland Security Funding Bill Into Law - Abc News

The president signed a law funding the Homeland Security Department through the end of the budget year. The president signed the bill Wednesday afternoon in the Oval Office with a small group of photographers present. The White House wouldn't permit reporters to attend. (AP Photo/Susan Walsh) Close The Associated Press President Barack Obama has signed a law funding the Homeland Security Department through the end of the budget year. The president signed the bill Wednesday afternoon in the Oval Office with a small group of photographers present. The White House wouldn't permit reporters to attend.
Source: http://abcnews.go.com/Politics/wireStory/obama-signs-homeland-security-funding-bill-law-29389562

Obama to enjoin new generation in Selma address - Yahoo News

Washington (AFP) - President Barack Obama will call for a new generation of Americans to take up the torch kindled by civil rights leaders 50 years ago in Selma, Alabama, when he visits the historic town Saturday. America's first black president will stand at the famed Edmund Pettus Bridge, accompanied by wife Michelle and daughters Sasha and Malia, to argue that events half a century ago are not confined to history, a White House official said. On March 7, 1965, some 600 peaceful voting rights activists were attacked by police with clubs and tear gas at the bridge, a seminal moment in America's democracy. The history of what happened at Selma on "Bloody Sunday" has recently returned to prominence thanks to an Oscar-nominated film starring actor David Oyelowo as Martin Luther King. Obama has often said his journey from Chicago community activist to the White House would not be possible without the likes of King and Selma marcher and now Congressman John Lewis. "He views Selma as something more than a piece of history we celebrate every once in a while," a White House official told AFP.
Source: http://news.yahoo.com/obama-enjoin-generation-selma-address-174204633.html

Obama attacks Netanyahu's credibility ahead of speech - CNN.com

Edward Malloy speaks during the wake for Rev. Theodore Hesburgh on Tuesday, March 3, 2015, inside the Sacred Heart Basilica at the University of Notre Dame in South Bend, Ind. Thousands of students, alumni and admirers were expected on the University of Notre Dame campus Tuesday to pay their respects to Hesburgh, who served as the school's president for 35 years while also promoting human rights. Hesburgh died Thursday, Feb. 26.
Source: http://abcnews.go.com/US/wireStory/carter-rice-honor-notre-dames-hesburgh-funeral-29379106

Obama has called U.S. ambassador to South Korea: White House - Yahoo News

Congress on May 24, 2011. He said that he was prepared to make "painful compromises" for a peace settlement with the Palestinians, but he repeated that Israel will not accept a return to its pre-1967 boundaries. Hide Caption 33 of 37 Netanyahu's life in pictures 37 photos Netanyahu uses a diagram of a bomb to describe Iran's nuclear program while delivering an address to the U.N. General Assembly on student loan forgiveness Obama September 27, 2012. Netanyahu exhorted the General Assembly to draw "a clear red line" to stop Iran from developing nuclear weapons.
Source: http://www.cnn.com/2015/03/02/politics/netanyahu-aipac-speech-power-rice/index.html

Obama, Carter, Rice Pay Tribute to Notre Dame's Hesburgh - ABC News

ambassador to South Korea: White House 14 hours ago Content preferences Done WASHINGTON (Reuters) - President Barack Obama has called Mark Lippert, the U.S. ambassador to South Korea, to wish him a speedy recovery, White House National Security Council spokeswoman Bernadette Meehan said on Wednesday after the envoy was slashed in the face in Seoul. "The President called U.S. Ambassador to the Republic of Korea, Mark Lippert, to tell him that he and his wife Robyn are in his thoughts and prayers, and to wish him the very best for a speedy recovery," Meehan said. (Reporting by Roberta Rampton; Editing by Peter Cooney) Politics & Government
Source: http://news.yahoo.com/obama-called-u-ambassador-south-korea-white-house-001106706.html

February 27 2015

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Etf Preview: Etfs, Futures Weaker As Second Day Of Yellen Testimony Begins; January New Home Sales Still Ahead - Nasdaq.com

Revenue was $345.5 million, up 5% from $328.5 million in the same quarter last year. Analysts were expecting revenue of $346.9 million. The company expects fiscal 2015 EPS of $1.50 - $1.60 on revenue of $1.47 billion - $1.5 billion. The Street view is for EPS of $1.70 on revenue of $1.48 billion. Energy Dow Jones U.S. Energy Fund (IYE) was flat while Energy Select Sector SPDR (XLE) was up 0.15%.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-weaker-as-second-day-of-yellen-testimony-begins-january-new-home-sales-still-ahead-cm448247

The company expects earnings per diluted share for 2015 to approximate $4.60 to $4.80, below estimates for $5.25, if comparable, and it sees Q1 earnings per diluted share to approximate $1.10 to $1.20, also below forecasts for $1.29, if comparable. Directors also authorized a stock repurchase program under which the company can repurchase up to $100 million of its common stock. There is no set expiration date for the buyback. Commodities Crude was up 2.03%. United States Oil Fund (USO) was up 0.5%. Natural gas futures was up 0.74%.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-lower-ahead-of-open-as-q4-gdp-growth-trimmed-to-22-street-looks-ahead-to-more-economic-data-cm449202

Lydon Talks Small-Caps, New Bond ETF on Fox Business - Yahoo Finance

Lydon also highlighted the new SPDR DoubleLine Total Return Tactical ETF ( TOTL ) as a way for investors to remain engaged in the bond market even if interest rates rise. TOTL, which debuted Tuesday, is bond king Jeff Gundlachs first foray into ETFs. Half of TOTLs initial portfolio is comprised of U.S. government debt as part of the new ETFs duration http://www.etftradingsignals.com/ management effort while the rest of the portfolio includes investment-grade and high-yield corporate as well as dollar-denominated emerging markets debt, among other bonds, as part of TOTLs credit risk management process. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass.
Source: http://finance.yahoo.com/news/lydon-talks-small-caps-bond-223930888.html

ETF Preview: Broad Market ETFs Mixed as Investors Await Yellen Testimony - NASDAQ.com

economy continued its above-trend growth. The index had a reading of positive 0.13 during the month, up from negative 0.07 in December. Still ahead, existing-home sales for January will be released at 10 am ET. Rigel Pharmaceuticals (RIGL) was up 45% after announcing it is collaborating with Bristol-Myers Squibb (BMY) on discovery, development and commercialization of cancer immunotherapies based on Rigel's extensive portfolio of small molecule TGF beta receptor kinase inhibitors.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-lower-ahead-of-existing-homes-sales-data-investors-await-yellen-testimony-cm446965

ETF Preview: ETFs, Futures Lower Ahead of Existing Homes Sales Data; Investors Await Yellen Testimony - NASDAQ.com

If, at any time, you are interested in reverting to our default settings, please select Default Setting above. If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com . Please confirm your selection: You have selected to change your default setting for the Quote Search. This will now be your default target page; unless you change your configuration again, or you delete your cookies. Are you sure you want to change your settings? YES
Source: http://www.nasdaq.com/article/etf-preview-broad-market-etfs-mixed-as-investors-await-yellen-testimony-cm447191

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Stocks Open Mostly Lower, Pulling Dow Below Latest Record - Abc News

Stocks Continue To Experience Choppy Trading - U.S. Commentary

The Nasdaq composite edged up six points, or 0.1 percent, to 4,974. Claims for unemployment benefits edged higher last week, and prices paid by consumers rose last month, excluding energy and food. The Dow notched its third record high close in a row Wednesday, and the Nasdaq http://www.todayhotstocks.com/ is getting closer to its all-time closing high of 5,048.62 reached in March 2000. Bond prices didn't move much.
Source: http://abcnews.go.com/Business/wireStory/stocks-open-lower-pulling-dow-latest-record-29241867

While the Nasdaq is up 10.46 points or 0.2 percent at 4,977.60, the Dow is down 20.33 points or 0.1 percent at 18,204.24 and the S&P 500 is down 3.20 points or 0.2 percent at 2,110.66. Uncertainty about the near-term outlook for the markets may be contributing to the choppy trading following the recent strength on Wall Street. The recent gains have lifted the Dow and the S&P 500 to new record highs, while the Nasdaq is back at its best levels since early 2000. The lack of direction being shown by the markets also comes as traders digest the slew of U.S.
Source: http://www.rttnews.com/story.aspx?Id=2462801

Stocks holding in range near highs - Yahoo Finance

Home Depot, for instance, shot to a new all-time high yesterday and Lowe's is following today. Call buyers are also betting that PulteGroup will rally into the summer. Yellen returns to Capitol Hill at 10 a.m. ET, and crude-oil inventories are released 30 minutes later. Tomorrow's agenda remains active, with weekly jobless claims, durable-goods orders, and inflation data.
Source: http://www.nasdaq.com/article/stocks-hold-in-range-near-highs-cm448129

Stocks holding in range near highs - NASDAQ.com

While the economic data has been mixed, employment numbers have gradually improved and investors remain willing to put money to work in equities. Federal Reserve Chair Janet Yellen also removed worries of higher interest rates in her address to the Senate yesterday. Mortgage applications for home purchases rose this morning, and now attention will turn to sales of new dwellings at 10 a.m. ET. Stocks associated with housing have started to run in the last month on strong earnings.
Source: http://finance.yahoo.com/news/stocks-hold-range-near-highs-131208644.html

February 18 2015

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Obama?s Immigration Setback Is A Gift To Gop - Yahoo News

The outcome of that survey was so unnerving to Obama supporters that NBC News Mark Murray suggested it shouldnt be taken seriously. Perhaps if Obama had taken the countrys temperature on immigration more seriously, he would have concluded that the outcome of his earlier mini-Dreamers provision, enacted to win Hispanic support for his 2012 reelection, had soured the nation on further opening our immigration door. The flood of young people from Central America, which made a mockery of our border security, horrified the nation. Related: GOP Could Give Obamas Immigration Plan a Free Pass That the presidents DACA program had encouraged the tidal wave of youngsters was indisputable. (Even Joe Biden inadvertently acknowledged the cause-and-effect.) It was but a short leap to recognize that granting legal status to millions more would invite an even bigger wave of people trying to take advantage of what was advertised as amnesty south of the border. Republicans in Congress, cognizant of the damage done to the GOP brand by their 2013 shut-down of the federal government, struggled to find a path to overturning Obamas executive action, which many consider unconstitutional.
Source: http://news.yahoo.com/obama-immigration-setback-gift-gop-101500301.html

Obama View of US Role in Arab World Challenged by Crises - ABC News

The White House says Obama will meet with Reid Wednesday afternoon. The meeting comes a day after a federal district court judge's decision halting implementation of Obama's executive actions on immigration. The Senate is debating legislation to finance the Homeland Security more Department, which oversees immigration enforcement. Republicans want language in that spending bill that would reverse the executive actions. Obama has said he would veto legislation with those conditions. Congress is also reviewing Obama's request for authority to use military force against Islamic State militants for three years.
Source: http://abcnews.go.com/Politics/wireStory/obama-meet-senate-democratic-leader-white-house-29035032

Obama to Meet With Senate Democratic Leader at White House - ABC News

In a statement, the U.S. Department of Homeland Security said it would not take requests for deferred action for people whose children are U.S. citizens or legal permanent residents. It also said it will not accept requests for deferred action for people brought illegally to the United States as children under an expansion that had been planned to start on Wednesday. (Reporting by Susan Heavey; Editing by Bill Trott) Politics & Government
Source: http://news.yahoo.com/obama-administration-comply-immigration-injunction-184631482.html

Obama administration to comply with immigration injunction - Yahoo News

The targeted counterterrorism campaigns Obama prefers to ground combat have weakened some extremists, but done little to quell the chaos in which terror groups thrive, or ward off the formation of new factions, like the Islamic State. And Obama's calls for regional governments and local security forces to take the lead for stabilizing their own countries has often only exposed the weaknesses of those institutions. The White House acknowledges that the terror threat has spread throughout the region, though officials argue the risk to the U.S. posed by groups like the Islamic State is less than when al-Qaida was at peak strength. Still, U.S.
Source: http://abcnews.go.com/Politics/wireStory/obama-view-us-role-arab-world-challenged-crises-29041827

February 13 2015

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Gop Targets Obama For Kosher Deli 'random' Comments - Cnn.com

'random' comment draws fire from right 01:42 Washington (CNN) Obama administration officials dug the President into a deeper hole Tuesday in trying to clarify his comments that an attack on a Kosher deli in Paris were "random," opening him up to criticism from the right. The comments, coming as anti-Semitism is on the rise in Europe and elsewhere, gave Republicans ammunition that Obama is out of touch with the threats facing the nation an issue they plan to highlight in their pitch for the White House in 2016. President Barack Obama made the comments in an interview with Vox published Monday, acknowledging that it's (source) "entirely legitimate for the American people to be deeply concerned when you've got a bunch of violent, vicious zealots who behead people or randomly shoot a bunch of folks in a deli in Paris." The referenced attack was committed by a man claiming allegiance to ISIS at a Kosher deli in early January. The man killed four Jews and took over a dozen others in the deli hostage, and said in an interview with BFM-TV he wanted to defend Palestinians and target Jews, according to Reuters . Pressed on the remarks on Tuesday, both White House spokesman Josh Earnest and State Department spokeswoman Jen Psaki gave muddy and meandering defenses of the President's comments, both refusing to characterize the attack as one aimed at the Jewish community.
Source: http://edition.cnn.com/2015/02/11/politics/obama-kosher-deli-random-comments/index.html?eref=edition

Obama touts 'balanced' approach in ISIS war powers request | TheHill

Washington (AFP) - President Barack Obama said he would not flinch from sending US special forces to kill Islamic State leaders, as he called for Congress to authorize military operations that stop short of a full-scale invasion. Tantamount to a declaration of war, Obama on Wednesday asked lawmakers for formal authority to take the fight to the Islamic State group, beyond their current footholds in Syria and Iraq if necessary. "Our coalition is on the offensive," Obama said, adding Islamic State is "on the defensive" and is "going to lose." Since August 2014, the US military -- along with allies -- has been conducting a campaign of air strikes against Islamic State in Iraq and Syria. Obama has promised to back up the strikes with targeted covert ground-based attacks if necessary. "If we had actionable intelligence about a gathering of ISIL (Islamic State) leaders, and our partners didn't have the capacity to get them, I would be prepared to order our special forces to take action," Obama said.
Source: http://news.yahoo.com/us-led-coalition-offensive-going-lose-obama-205841086.html

Obama vow to 'extinguish' Ebola despite troop withdrawal - Yahoo News

View gallery This undated handout photo courtesy of the Mueller family and the office of US Senator John McCain s "If left unchecked," he added, IS "will pose a threat beyond the Middle East, including to the United States homeland." With the death of US hostage Kayla Mueller and the killing of three other US hostages, Obama has been under pressure to re-examine his strategy and step up the fight. But in order to win the backing of the Republican-controlled Congress, and overcome jitters within his own Democratic party, Obama placed limits on his power to deploy the military in both form and scope. The proposed legislation "does not authorize the use of the United States Armed Forces in enduring offensive ground combat operations," the draft sent to Congress read. That does not rule out special forces or hostage rescue operations, but does preclude a ground invasion or peace enforcement mission. View gallery President Barack Obama on Wednesday asked Congress to back a global war against the Islamic State gr The authorization would also "terminate three years after the date of the enactment of this joint resolution, unless reauthorized." Obama will also have to report to Congress every six months.
Source: http://news.yahoo.com/obama-asks-congress-islamic-state-war-powers-161741839.html

Obama says special forces could target IS leaders - Yahoo News

Twenty months after the scandal broke, there are many unanswered questions. Eastwood's surprising response to... Theyre right," the director said before driving off. States rise up against Washington State legislators are aiming to nullify regulations and laws from... Sanders: $1T infrastructure bill...
Source: http://thehill.com/homenews/administration/232511-obama-hails-balanced-approach-in-isis-war-powers-request

Obama Says US Has 'Risen to the Challenge' of Fighting Ebola - ABC News

"We have risen to the challenge," he said at the White House . "Our focus now is getting to zero." Obama said only 100 of the 2,800 troops sent to Liberia will remain there after April 30. About 1,500 have returned home. Those staying will work with Liberia's military, regional partners and U.S. civilians.
Source: http://abcnews.go.com/Health/wireStory/us-withdrawing-troops-fighting-ebola-west-africa-28881691

Obama asks Congress for Islamic State war powers - Yahoo News

After months of decline, the World Health Organization on Wednesday reported the number of new cases rose for the second week running, including a "sharp increase" in Guinea. View gallery US soldiers teach medical workers how to effectively wear protective gear during a training session "Guinea reported a sharp increase in incidence, with 65 new confirmed cases compared with 39 the week before," the WHO said in a report. Obama was careful not to declare the fight against Ebola as "mission accomplished." "I want to be very clear here, while our troops are coming home, America's work is not done. Our mission is not complete." Liberia, he said, "has seen the best progress, Sierra Leone is moving in the right direction, Guinea has the longest way left to go. "Our focus now is getting to zero. "As long as there is even one case of Ebola that is active out there, risks still exist.
Source: http://news.yahoo.com/us-withdrawing-troops-fighting-ebola-201546880.html

February 12 2015

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Etf Preview: Etfs, Futures Higher On Possible Greece Debt Deal - Nasdaq.com

ETF Preview: Broad Market ETFs Decline Amid Global Economy Jitters; Oil and Russia Funds Underperform - NASDAQ.com

ALLT reported non-GAAP Q4 net income of $3.38 million, vs. $3.15 million in the year-earlier period. The company did not provide specific guidance, but said that in 2015 it expected the current trends of operator monetization and demand for security services to continue to serve as key catalysts for company growth. Industrial Sector Index Fund (IYJ) were flat.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-higher-on-possible-greece-debt-deal-cm442317

ETF Investors Start Sniffing For Value In High Yield - NASDAQ.com

Fundamental tests for GDXJ loom as well. Over the next five weeks, 23% of the Market Vectors Junior Gold Miners Indexs weight, GDXJs underlying index, delivers earnings reports. [Earnings Tests for Gold Miners ETFs] Year-to-date, investors have added nearly $226 million to GDXJ. Market Vectors Junior Gold Miners ETF View photo .
Source: http://finance.yahoo.com/news/technical-junior-miners-etf-123006466.html

If, at any time, you are interested in reverting to our default settings, please select Default Setting above. If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com . Please confirm your selection: You have selected to change your default setting for the Quote Search. This will now be your default target page; unless you change your configuration again, or you delete your cookies. Are you sure you want to change your settings? YES
Source: http://www.nasdaq.com/article/etf-preview-broad-market-etfs-decline-amid-global-economy-jitters-oil-and-russia-funds-underperform-cm442880

Hougan, Lydon Talk ETF Growth, Robo Advisors - Yahoo Finance

Think about the service theyre offering, Hougan said of robo advisors. You get a well-diversified portfolio customized to your risk tolerance managed by Burton Malkiel at Wealthfront thats tax-loss harvested, rebalanced and they charge you 25 basis points. If thats the value of asset allocation, you (advisors) have to build other services around your business to maintain that 1% margin. In 2014, Charles Schwab announced Schwab Intelligent Portfolios, a digital advice platform that the company plans on making available to its retail investors starting this year. Hougan and Lydon also discussed the advantages of currency hedged ETFs and how advisors can prepare for the possibility of an interest rate hike from the Federal Reserve.
Source: http://finance.yahoo.com/news/hougan-lydon-talk-etf-growth-140032920.html

Technical Take on the Junior Miners ETF - Yahoo Finance

If your investment http://www.etftradingsignals.com thesis calls for the end of the bull market, then high yield bonds are certainly not an area you want to journey into. However, if you are confident in the relative steadiness of stocks versus other alternatives, then having a reasonable allocation to this sector may provide an attractive dynamic in a diversified income portfolio . This is especially true if you find yourself overweight quality or interest rate sensitive fixed-income sectors. The ETF that I favor in this arena is the PIMCO 0-5 Year High Yield Bond ETF ( HYS ). This fund has an average duration of just 1.89 years, a 30-day SEC yield of 4.69%, and over $2.8 billion in total assets.
Source: http://www.nasdaq.com/article/etf-investors-start-sniffing-for-value-in-high-yield-cm442879

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Stocks Are Higher And Oil Is Lower - Yahoo Finance

STOCKS GO NOWHERE: Here's what you need to know - Yahoo Finance

Near 10:25 am ET, the Dow was up 51 points, the S&P 500 was up 6 points, and the Nasdaq was up 15 points.A The price of West Texas Intermediate crude oil was also down more than 2.5% to around $51.50 a barrel.A On Tuesday, markets were still focused on headlines out of Greece, which showed conflicting reports about potential for progress in Greece's negotiations with its creditors.A Business Insider's Mike Bird summarized the action as follows, here : Other market rumors are throwing Greek stocks all over the place Tuesday. At 12:11 p.m. GMT, MNI reported that the EU Commission was tabling a six-month deal for Greece. That would most likely mean the bridging loan that Varoufakis wants to tide Greece over until the end of the summer. Nothing is confirmed, and the EU says there is nothing formal on the table, but as of 1:20 p.m.
Source: http://finance.yahoo.com/news/stocks-higher-oil-lower-152812407.html

Stocks End Little Changed After Volatile Day - Yahoo Finance

First, the scoreboard: S&P 500: 2,068.5, -0.06, (0%) Nasdaq: 4,801.2, +13.5, (+0.3%) And now, the top stories on Wednesday: 1. The market is still focused on Europe and the situation in Greece, as the eurozone's finance ministers met in Brussels on Wednesday to discuss the terms of the Greek bailout. There were few headlines out of those meeting, but Greek finance minister Yanis Varoufakis did tell reporters that Greece will "absolutely not" leave the eurozone. 2. In a note to clients on Wednesday, strategists at UBS said that with the risks in Greece looming, in addition to potential rate hikes from the Fed, it might be time for investors to consider paring their exposure to stocks.
Source: http://finance.yahoo.com/news/stocks-nowhere-heres-know-210000695.html

Stocks Choppy as Greece Remains in Focus - Yahoo Finance

With a move over 100 points, Tuesday marked the 18th time in 27 sessions this year that the blue chip index has gained or lost more than 100 points in a day. First, the scoreboard: S&P 500: 2,068.6, +21.9, (+1.1%) Nasdaq: 4,787.7, +61.6, (+1.3%) And now, the top stories on Tuesday: 1. The market was focused on Greece . Again. On Tuesday, one EU official told news agency MNI that the situation in Greece is "berserk" and said "the Greeks are digging their own graves." Speaking before Greek parliament on Tuesday, Greek finance minister Yanis Varoufakis said that Greece isn't seeking a clash with its creditors, but added that, "you're not negotiating if you've ruled it out." More headlines out of Greece are expected tomorrow are the eurozone's finance ministers are set to meet. 2. Credit Suisse downgraded its outlook for the S&P 500 , taking its mid-year and year-end price targets down to 2,100 and 2,150, respectively.
Source: http://finance.yahoo.com/news/stocks-rally-oil-falls-heres-210021929.html

Stocks on the Move PepsiCo (PEP) enjoyed decent year-over-year volume gains in the fourth quarter, with snacks posting a 2% improvement and beverages up 1%. We're particularly encouraged by share gains in Frito-Lay North America, the largest portion of the snack division, although solid gains in AMEA (up 8%) and Europe (up 3%) also contributed. In beverages, the company saw carbonated drink volume decline in the United States but enjoyed domestic noncarbonated performance slightly ahead of Coca-Cola KO and drove Latin American organic beverage growth of 3%. Core operating http://www.todayhotstocks.com margin improved 32 basis points in 2014.
Source: http://finance.yahoo.com/news/stocks-end-little-changed-volatile-215000565.html

STOCKS RALLY, OIL FALLS: Here's what you need to know - Yahoo Finance

Core operating margin improved 32 basis points in 2014. Time Warner (TWX) said its revenue fell 1% to $7.53 billion in the fourth-quarter from the year-ago period. The drop was driven by declines at the Warner Brothers movie studio offset partially by rises at HBO and Turner cable networks. Foreign Markets European markets moved lower today.
Source: http://finance.yahoo.com/news/stocks-choppy-greece-remains-focus-170000955.html

January 28 2015

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Obama Drops Plan To Raise Taxes On ?529? College Savings Accounts - Yahoo News

http://www.obamastudentloanforgiveness.net President Barack Obama answers media questions with British Prime Minister David Cameron (not pictured) at their joint press conference following their meeting at the White House in Washington January 16, 2015. REUTERS/Kevin Lamarque The Obama administration said it would drop a plan to tax so-called 529 college savings accounts , after the proposal sparked widespread criticism over its potential impact on the middle class. The move followed a public call by House Speaker John Boehner (R., Ohio) on Tuesday for the White House to withdraw its plan. Calls also were coming privately from leaders of the presidents own party. House Minority Leader Nancy Pelosi (D., Calif.) pressed the case for dropping the plan in conversations with senior administration officials aboard Air Force One, as she flew with the president from India to Saudi Arabia, according to a person familiar with the matter. A White House official said late Tuesday: Given it has become such a distraction, were not going to ask Congress to pass the 529 provision. Ahead of last weeks State of the Union address, Mr.
Source: http://news.yahoo.com/obama-drops-plan-to-raise-taxes-on--529--college-savings-accounts-232937566.html

Obama dropping plan to tax college savings - Yahoo News

View photo U.S. President Barack Obama delivers a speech at Siri Fort Auditorium in New Delhi January 27, 2015. WASHINGTON (Reuters) - President Barack Obama has dropped a controversial proposal to tax "529" college savings plans, a White House official said on Tuesday, calling it a "distraction" from administration efforts to provide middle-class tax relief. The proposal had aroused opposition from Republicans and Democrats in Congress. A source familiar with the situation said House of Representatives Democratic leader Nancy Pelosi had pressed senior administration officials to drop the proposal as she flew with Obama on Air Force One from India to Saudi Arabia. "Given it has become such a distraction, were not going to ask Congress to pass the 529 provision so that they can instead focus on delivering a larger package of education tax relief that has bipartisan support," the White House official said. The official said the plan had been "a very small component of the presidents overall plan to deliver $50 billion in education tax cuts for middle-class families." The "529" plans are sponsored by states and run by investment management companies.
Source: http://news.yahoo.com/obama-dropping-plan-tax-college-savings-232745568.html

Obama leads heavyweight mission to key ally Saudi - Yahoo News

Bush, who had a "relationship that was very much built on personal foundations," Shaikh contended. View gallery A US F-15E Strike Eagle flies over northern Iraq after conducting airstrikes on Islamic State milita The late king had a strained personal relationship with Obama, said Frederic Wehrey, of the US-based Carnegie Endowment for International Peace Middle East Programme. Among the 29 members of Obama's delegation are former Bush-era officials including James Baker, secretary of state during the first Gulf War against Iraqi dictator Saddam Hussein, former national security adviser Brent Scowcroft, and Condoleezza Rice, who served as secretary of state under George W. Bush. - IS, Yemen on agenda - Obama's wife Michelle is to join him on the Saudi trip, as is Secretary of State John Kerry, Senator John McCain, Central Intelligence Agency director John Brennan and General Lloyd J. Austin III, head of US Central Command.
Source: http://news.yahoo.com/obama-leads-heavyweight-mission-key-ally-saudi-104848209.html

Obama defends Saudi relationship: 'Sometimes we have to balance' - CNN.com

ally with a poor human rights record, shortly before leaving India for a short visit to the Gulf Kingdom. But even as the U.S. works closely with the Saudis on common strategic goals like counterterrorism, Obama said he and his administration continue to apply "steady, consistent pressure" on issues like human rights. Obama is headed to Saudi Arabia to meet the new King Salman and pay his respects following the death of King Abdullah last week. "Sometimes we have to balance our need to speak to them about human rights issues with immediate concerns that we have in terms of countering terrorism or dealing with regional stability," Obama said in an interview with CNN's Fareed Zakaria in India on Tuesday.
Source: http://www.cnn.com/2015/01/27/politics/obama-saudi-arabia-zakaria/index.html

Obama Urges Women's Safety, Religious Tolerance in Last India Speech

Obama also used his address to touch on the importance of defending religious diversity. Although the majority of Indias 1.27 billion-strong population is Hindu, about a fifth of its people belong to other religions like Islam, Christianity and Sikhism, with diversity a growing subject of concern among opponents of the Hindu nationalist Bharatiya Janata Party that Modi chairs. In India and America, our diversity is our strength, he said. India will succeed so long as it is not splintered along the lines of religious faith. Meanwhile, speaking about the U.S.-India relationship on Tuesday, President Obama called it one of the defining partnerships of the century, and advocated a greater role for India in the Asia-Pacific, seemingly a tacit acknowledgement of Chinas growing regional influence. He also touched upon empowering women, an issue that Modi made one of the major themes of Obamas visit and Mondays Republic Day celebrations .
Source: http://time.com/3683708/obama-india-modi-final-speech/

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Etf Preview: Etfs, Futures Weaker Following Concerns Over Greece Election; Earnings, Fomc Meeting In Focus - Nasdaq.com

Natural gas futures was down 2.87%. United States Natural Gas Fund (UNG) was up 2.68%. Gold was down 0.53% while silver was down 0.9%. NovaBay Pharmaceuticals (NBY) was up 10.84% after it signed a nationwide distribution agreement with Cardinal Health (CAH), a pharmaceutical distribution company, through which CAH will carry and distribute NBY's Avenova, a prescription lid and lash hygiene product. Combined with NBY's previous distribution agreements with McKesson Corporation (MCK) and Vision Source, Avenova will now be available to more than 90% of the nation's 67,000 retail pharmacies and to thousands of optometrists' offices.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-weaker-following-concerns-over-greece-election-earnings-fomc-meeting-in-focus-cm436545

QuantShares Rolls Out a High Yield Hedged ETF (DIVA) - ETF News And Commentary - Yahoo Finance

All rights reserved. WisdomTree Investments, Inc., through its subsidiaries in the U.S. and Europe (collectively, WisdomTree), is an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager headquartered in New York. Charles Schwab Investment Management, Inc. is the investment advisor for Schwab ETFs and an affiliate of the Charles Schwab Corporation. Through its operating subsidiaries, The Charles Schwab Corporation ( SCHW ) provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors.
Source: http://finance.yahoo.com/news/schwab-etf-onesource-expands-offer-133000423.html

Schwab ETF OneSource? Expands to Offer Investors Nearly 200 Commission-Free ETFs - Yahoo Finance

(CBL) and MDU Resources Group Inc. (MDU). The ETFs short positions include stocks like Dynegy Inc. (DYN), CenturyLink, Inc. (CTL) and Strategic Hotels & Resorts, Inc. (BEE).
Source: http://finance.yahoo.com/news/quantshares-rolls-high-yield-hedged-150003824.html

WisdomTree Expands Offering on Schwab ETF OneSource(TM) - Yahoo Finance

Fixed income investments are also subject to credit risk, the risk that the issuer of a bond will fail to pay interest and principal in a timely manner, or that negative perceptions of the issuer's ability to make such source payments will cause the price of that bond to decline. While certain Funds attempt to limit credit and counterparty exposure, the value of an investment in those Funds may change quickly and without warning in response to issuer or counterparty defaults and changes in the credit ratings of the Fund's portfolio investments. High-yield or "junk" bonds have lower credit ratings and involve a greater risk to principal. Investing in mortgage- and asset-backed securities involves interest rate, credit, valuation, extension and liquidity risks and the risk that payments on the underlying assets are delayed, prepaid, subordinated or defaulted on. Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs.
Source: http://finance.yahoo.com/news/wisdomtree-expands-offering-schwab-etf-160000370.html

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Stocks Tumble On Disappointing Earnings, Data - Forbes

Stocks end lower; Caterpillar, Microsoft disappoint - Yahoo Finance

The Dow plunged 390 points at its low. The negative economic data released Tuesday morning included orders for U.S. durable goods, which unexpectedly fell by 3.4% in December, led by a decline in demand for commercial airplanes. Home sales price growth also slowed in November , marking the 11th straight month of price deceleration, according to S&P/Case-Shiller.
Source: http://www.forbes.com/sites/laurengensler/2015/01/27/stocks-drop-sharply-on-disappointing-earnings-data/

STOCKS GET CRUSHED: Here's What You Need To Know - Yahoo Finance

After Monday's close, Dow member Microsoft also had a worse-than-expected outlook on the year ahead, with the tech giant saying that it expects to have a generally tough road ahead of it. Following this outlook, Nomura's Rick Sherlund downgraded the stock to Neutral from Buy, and Microsoft shares fell more than 9% on Tuesday. 4. And because the 30-member Dow is a price-weighted average , the losses from Caterpillar, Microsoft, United Technologies, and Proctor & Gamble alone took about 100 points off the blue-chip index. 5. On the flipside of the poor durable-goods orders for December was January's consumer-confidence measure from the Conference Board, which showed confidence is currently at its highest level since August 2007. http://www.todayhotstocks.com/
Source: http://finance.yahoo.com/news/stocks-crushed-heres-know-210014982.html

Stocks Are Getting Crushed - Yahoo Finance

The S&P 500 ( ^GSPC ) dropped 27.53 points, or 1.3 percent, to 2,029.56, with technology and industrials the leading laggards among its 10 major sectors. The Nasdaq ( ^IXIC ) shed 90.27 points, or 1.9 percent, to 4,681.50. On the New York Mercantile Exchange,gold futures for February (CEC:Commodities Exchange Centre: @GC15G) rose $12.30, or 1 percent, to close at $1,291.70 an ounce. Oil futures rose $1.08 at $46.23 a barrel.
Source: http://finance.yahoo.com/news/stocks-end-lower-caterpillar-microsoft-210930546.html

Google Finance Stocks are still taking it on the chin, though losses have eased a bit in early afternoon trading. Near 1:00 pm ET, the Dow was down 277 points, the S&P 500 was down 22 points, and the Nasdaq was down 72 points. Earlier, the Dow and Nasdaq had been down more than 2%. The big news weighing on the Dow is from Caterpillar and Microsoft. Caterpillar on Tuesday morning gave a really downbeat outlook for the global economy in 2015 as its earnings missed expectations and the company gave a revenue outlook for 2015 that was about 10% below Wall Street expectations. In early trade on Tuesday, shares of Caterpillar were down as much as 7%. Microsoft shares were also weighing on the Dow, falling more than 9% shortly after the bell after the tech giant last night gave a gloomy outlook for 2015, cutting estimates to "reflect a significantly more challenging transition ahead." Economic data on Tuesday was also disappointing, with December's durable goods orders report showing that orders fell 3.4% against expectations for an increase od 0.3%. November's report was also revised lower. The Case-Shiller report on home prices showed prices rising, but at a slower pace than a year ago, and in the Case-Shiller release, David Blitzer said, "Prospects for a home run in 2015 aren't good." Consumer confidence data , however, came in at its highest level since August 2007 and new home sales came rose 11.6% in December to an annualized pace of 481,000. More From Business Insider
Source: http://finance.yahoo.com/news/stocks-getting-crushed-144558531.html

Stocks fall sharply on poor earnings - Yahoo Finance

The news echoes a common refrain of weakening demand heard elsewhere in the sector from companies such as Seagate, KLA-Tencor, and SanDisk. Contract manufacturing company Sanmina-SCI declined last night after revenue missed estimates and guidance disappointed. Dutch consumer-electronics giant Philips also dropped 5 percent on tepid sales, and Ericsson may fall on slow business with North American telecoms. In the industrial sector, Caterpillar is down almost 6 percent after earnings and revenue lagged estimates. A strong dollar is also weighing on international giants like Pfizer and DuPont.
Source: http://finance.yahoo.com/news/stocks-retreat-poor-earnings-131236262.html

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Stocks Tumble On Disappointing Earnings, Data - Forbes

Stocks end lower; Caterpillar, Microsoft disappoint - Yahoo Finance

The Dow plunged 390 points at its low. The negative economic data released Tuesday morning included orders for U.S. durable goods, which unexpectedly fell by 3.4% in December, led by a decline in demand for commercial airplanes. Home sales price growth also slowed in November , marking the 11th straight month of price deceleration, according to S&P/Case-Shiller.
Source: http://www.forbes.com/sites/laurengensler/2015/01/27/stocks-drop-sharply-on-disappointing-earnings-data/

STOCKS GET CRUSHED: Here's What You Need To Know - Yahoo Finance

After Monday's close, Dow member Microsoft also had a worse-than-expected outlook on the year ahead, with the tech giant saying that it expects to have a generally tough road ahead of it. Following this outlook, Nomura's Rick Sherlund downgraded the stock to Neutral from Buy, and Microsoft shares fell more than 9% on Tuesday. 4. And because the 30-member Dow is a price-weighted average , the losses from Caterpillar, Microsoft, United Technologies, and Proctor & Gamble alone took about 100 points off the blue-chip index. 5. On the flipside of the poor durable-goods orders for December was January's consumer-confidence measure from the Conference Board, which showed confidence is currently at its highest level since August 2007. http://www.todayhotstocks.com/
Source: http://finance.yahoo.com/news/stocks-crushed-heres-know-210014982.html

Stocks Are Getting Crushed - Yahoo Finance

The S&P 500 ( ^GSPC ) dropped 27.53 points, or 1.3 percent, to 2,029.56, with technology and industrials the leading laggards among its 10 major sectors. The Nasdaq ( ^IXIC ) shed 90.27 points, or 1.9 percent, to 4,681.50. On the New York Mercantile Exchange,gold futures for February (CEC:Commodities Exchange Centre: @GC15G) rose $12.30, or 1 percent, to close at $1,291.70 an ounce. Oil futures rose $1.08 at $46.23 a barrel.
Source: http://finance.yahoo.com/news/stocks-end-lower-caterpillar-microsoft-210930546.html

Google Finance Stocks are still taking it on the chin, though losses have eased a bit in early afternoon trading. Near 1:00 pm ET, the Dow was down 277 points, the S&P 500 was down 22 points, and the Nasdaq was down 72 points. Earlier, the Dow and Nasdaq had been down more than 2%. The big news weighing on the Dow is from Caterpillar and Microsoft. Caterpillar on Tuesday morning gave a really downbeat outlook for the global economy in 2015 as its earnings missed expectations and the company gave a revenue outlook for 2015 that was about 10% below Wall Street expectations. In early trade on Tuesday, shares of Caterpillar were down as much as 7%. Microsoft shares were also weighing on the Dow, falling more than 9% shortly after the bell after the tech giant last night gave a gloomy outlook for 2015, cutting estimates to "reflect a significantly more challenging transition ahead." Economic data on Tuesday was also disappointing, with December's durable goods orders report showing that orders fell 3.4% against expectations for an increase od 0.3%. November's report was also revised lower. The Case-Shiller report on home prices showed prices rising, but at a slower pace than a year ago, and in the Case-Shiller release, David Blitzer said, "Prospects for a home run in 2015 aren't good." Consumer confidence data , however, came in at its highest level since August 2007 and new home sales came rose 11.6% in December to an annualized pace of 481,000. More From Business Insider
Source: http://finance.yahoo.com/news/stocks-getting-crushed-144558531.html

Stocks fall sharply on poor earnings - Yahoo Finance

The news echoes a common refrain of weakening demand heard elsewhere in the sector from companies such as Seagate, KLA-Tencor, and SanDisk. Contract manufacturing company Sanmina-SCI declined last night after revenue missed estimates and guidance disappointed. Dutch consumer-electronics giant Philips also dropped 5 percent on tepid sales, and Ericsson may fall on slow business with North American telecoms. In the industrial sector, Caterpillar is down almost 6 percent after earnings and revenue lagged estimates. A strong dollar is also weighing on international giants like Pfizer and DuPont.
Source: http://finance.yahoo.com/news/stocks-retreat-poor-earnings-131236262.html

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Stocks Tumble On Disappointing Earnings, Data - Forbes

Stocks end lower; Caterpillar, Microsoft disappoint - Yahoo Finance

The Dow plunged 390 points at its low. The negative economic data released Tuesday morning included orders for U.S. durable goods, which unexpectedly fell by 3.4% in December, led by a decline in demand for commercial airplanes. Home sales price growth also slowed in November , marking the 11th straight month of price deceleration, according to S&P/Case-Shiller.
Source: http://www.forbes.com/sites/laurengensler/2015/01/27/stocks-drop-sharply-on-disappointing-earnings-data/

STOCKS GET CRUSHED: Here's What You Need To Know - Yahoo Finance

After Monday's close, Dow member Microsoft also had a worse-than-expected outlook on the year ahead, with the tech giant saying that it expects to have a generally tough road ahead of it. Following this outlook, Nomura's Rick Sherlund downgraded the stock to Neutral from Buy, and Microsoft shares fell more than 9% on Tuesday. 4. And because the 30-member Dow is a price-weighted average , the losses from Caterpillar, Microsoft, United Technologies, and Proctor & Gamble alone took about 100 points off the blue-chip index. 5. On the flipside of the poor durable-goods orders for December was January's consumer-confidence measure from the Conference Board, which showed confidence is currently at its highest level since August 2007. http://www.todayhotstocks.com/
Source: http://finance.yahoo.com/news/stocks-crushed-heres-know-210014982.html

Stocks Are Getting Crushed - Yahoo Finance

The S&P 500 ( ^GSPC ) dropped 27.53 points, or 1.3 percent, to 2,029.56, with technology and industrials the leading laggards among its 10 major sectors. The Nasdaq ( ^IXIC ) shed 90.27 points, or 1.9 percent, to 4,681.50. On the New York Mercantile Exchange,gold futures for February (CEC:Commodities Exchange Centre: @GC15G) rose $12.30, or 1 percent, to close at $1,291.70 an ounce. Oil futures rose $1.08 at $46.23 a barrel.
Source: http://finance.yahoo.com/news/stocks-end-lower-caterpillar-microsoft-210930546.html

Google Finance Stocks are still taking it on the chin, though losses have eased a bit in early afternoon trading. Near 1:00 pm ET, the Dow was down 277 points, the S&P 500 was down 22 points, and the Nasdaq was down 72 points. Earlier, the Dow and Nasdaq had been down more than 2%. The big news weighing on the Dow is from Caterpillar and Microsoft. Caterpillar on Tuesday morning gave a really downbeat outlook for the global economy in 2015 as its earnings missed expectations and the company gave a revenue outlook for 2015 that was about 10% below Wall Street expectations. In early trade on Tuesday, shares of Caterpillar were down as much as 7%. Microsoft shares were also weighing on the Dow, falling more than 9% shortly after the bell after the tech giant last night gave a gloomy outlook for 2015, cutting estimates to "reflect a significantly more challenging transition ahead." Economic data on Tuesday was also disappointing, with December's durable goods orders report showing that orders fell 3.4% against expectations for an increase od 0.3%. November's report was also revised lower. The Case-Shiller report on home prices showed prices rising, but at a slower pace than a year ago, and in the Case-Shiller release, David Blitzer said, "Prospects for a home run in 2015 aren't good." Consumer confidence data , however, came in at its highest level since August 2007 and new home sales came rose 11.6% in December to an annualized pace of 481,000. More From Business Insider
Source: http://finance.yahoo.com/news/stocks-getting-crushed-144558531.html

Stocks fall sharply on poor earnings - Yahoo Finance

The news echoes a common refrain of weakening demand heard elsewhere in the sector from companies such as Seagate, KLA-Tencor, and SanDisk. Contract manufacturing company Sanmina-SCI declined last night after revenue missed estimates and guidance disappointed. Dutch consumer-electronics giant Philips also dropped 5 percent on tepid sales, and Ericsson may fall on slow business with North American telecoms. In the industrial sector, Caterpillar is down almost 6 percent after earnings and revenue lagged estimates. A strong dollar is also weighing on international giants like Pfizer and DuPont.
Source: http://finance.yahoo.com/news/stocks-retreat-poor-earnings-131236262.html

January 13 2015

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Obama Reassures Israel On Iran Talks, Palestinian Court Bid - Abc News

The White House says Obama told Netanyahu that the Palestinian Authority isn't yet a state and isn't eligible to join the court. Obama says the Palestinians' application to the court isn't constructive and undermines trust with Israel. The U.S. is reviewing its aid package to the Palestinians because of their bid to join the court. The White House says Obama also told Netanyahu the U.S. is working toward a nuclear deal that prevents Iran from getting a nuclear weapon.
Source: http://abcnews.go.com/Politics/wireStory/obama-reassures-israel-iran-talks-palestinian-court-bid-28179541

Obama Treasury Choice Withdraws; Faced Democratic Opposition - ABC News

Highlighting the countless transactions that people make online, Obama quipped that "Secret Service does not let me do that. But I know other people do." "If we're going to be connected, then we need to be protected," he said, adding that the problem "costs us billions of dollars." The new legislation would require companies to inform their clients within 30 days of a breach, and would include a consumer bill of rights to better help customers control how their data is president Obama student loan forgiveness program shared. Meanwhile, the proposed Student Digital Privacy Act would prevent sale of students' personal data to third parties for any purpose besides education. Obama also highlighted a pledge made by 75 businesses that promised not to sell information for student-targeted advertising. "I hope Congress joins us in this national movement to protect the privacy of our children," Obama said, calling the problem a bipartisan issue.
Source: http://news.yahoo.com/obama-calls-stronger-personal-data-protection-205356598.html

Obama Says NBA's Spurs Represent What US Should Be About - ABC News

Obama says the Spurs have become the United Nations of basketball teams due to the team's diversity. He says it shows how basketball has become an international sport. Obama singled the team out for hiring WNBA star Becky Hammon last year. She's the first full-time, paid female assistant on an NBA coaching staff. Obama praised the Spurs for their public service efforts on literacy and community development in San Antonio.
Source: http://abcnews.go.com/Sports/wireStory/obama-nbas-spurs-represent-us-28174969

Obama calls for stronger personal data protection - Yahoo News

Without action in the Senate last year to confirm him, Obama would have had to re-nominate him to the job. Weiss faced vocal opposition from Democratic Sen. Elizabeth Warren of Massachusetts, a leading liberal voice in the Senate and a top advocate for tough banking and Wall Street regulations. Warren argued that Weiss was too close to Wall Street to hold a high post at Treasury. Following her lead, several other Democrats had announced they would oppose Weiss, putting his confirmation in peril.
Source: http://abcnews.go.com/Politics/wireStory/obama-treasury-choice-withdraws-faced-democratic-opposition-28177898

Obama, Netanyahu discuss Iran talks, Palestinian ICC move - Yahoo News

View photo U.S. President Barack Obama holds up an autographed basketball as he welcomes the 2014 NBA Champion San WASHINGTON (Reuters) - President Barack Obama spoke by phone on Monday with Israeli Prime Minister Benjamin Netanyahu about ongoing nuclear talks with Iran and about the Palestinian move to become a member of the International Criminal Court (ICC), the White House said. "President Obama underscored that the United States does not believe Palestinian accession to the ICC is a constructive way forward," the White House said, repeating the U.S. position that the Palestinian Authority is not a sovereign state and does not qualify to join the court. (Reporting by Roberta Rampton; Editing by Eric Walsh) Politics & Government
Source: http://news.yahoo.com/obama-netanyahu-discuss-iran-talks-palestinian-icc-move-001135706.html

Obama toasts, teases NBA champion Spurs - Yahoo News

"It's the UN of basketball teams," he said of a squad that features French players Tony Parker and Boris Diaw along with Argentina's Manu Ginobili. Italy, Brazil, Australia and Canada are also represented on their roster. "They find folks who didn't have a chance someplace else and suddenly they figure out a way to make them shine as part of a team. In that sense, they're a great metaphor for what America should be all about," said Obama, who was presented with a Spurs jersey with "POTUS" written over its number one. The keen basketball fan also offered some serious analysis of the Spurs' style and its influence on the league, and praise for their bounce back from a crushing NBA finals loss to Miami in 2013, to beat the Heat in 2014.
Source: http://news.yahoo.com/obama-toasts-teases-nba-champion-spurs-233718102--nba.html

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Etf Preview: Etfs, Futures Turn Positive On Better-than-expected Nonfarm Jobs Data - Nasdaq.com

Commodities Crude was down 0.04%. United States Oil Fund (USO) was down 1.35%. Natural gas futures was up 0.07%. United States Natural Gas Fund (UNG) was down 1.74%. Gold was up 0.56% while silver was up 0.24%.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-turn-positive-on-better-than-expected-nonfarm-jobs-data-cm430977

Greek Contagion Concerns Attract Bears to Spain, Italy - Bloomberg

The Public Security said in a statement Monday that more than 1,000 tons of contaminated pork and 48 tons of cooking oil produced from the meat had been seized in the operation that began last year across 11 provinces. The ministry said the suspects belonged to 11 different syndicates who purchased pigs that had died of disease from farmers at cut-rate prices then processed them into bacon, ham and oil. It said the producers sourced the pigs by bribing government livestock insurance agents, several of whom were also sent for prosecution. A series of scandals in China have deeply undermined public trust in food safety.
Source: http://www.foxbusiness.com/markets/2015/01/11/china-arrests-more-than-110-people-for-selling-pork-from-diseased-pigs-tons/

Obama to propose laws on data hacking notification, student privacy as he previews address | Fox Business

Things will get even worse should European Central Bank President Mario Draghi fail to devise a stimulus plan that satisfies investors, according to Max Breier of BMO Capital Markets Corp. If things go poorly in Greece, that would spell trouble for Europe as a whole, but in particular peripheral European countries that are struggling to stick with fiscal reform measures, said Breier, a senior equity-derivatives trader at BMO in New York. Right now things are contained, but this level of containment is largely pinned on the hope that Draghi will announce a large sovereign-bond purchase program. Quarterly Plunges Both Italy (FTSEMIB) s FTSE MIB Index and Spains IBEX 35 Index posted their biggest quarterly declines since 2012 in the final three months of 2014, falling more than 5 percent. Options are signaling investors are bracing for further drops as anti-establishment group Podemos is rising in Spain, while Italian Prime Minister Matteo Renzi has said its time to focus on growth rather than austerity. Puts on the Italy ETF outnumbered calls by 2.73-to-1, and the ratio for the Spanish fund was 1.88-to-1, data compiled by Bloomberg show.
Source: http://www.bloomberg.com/news/2015-01-11/greek-contagion-concerns-attract-bears-to-spain-italy.html

China arrests more than 110 people for selling pork from diseased pigs, tons of meat seized | Fox Business

Obama will also propose a bill that would prevent companies from selling student data to third parties. A White House official says Obama will unveil the proposals Monday during a speech at the Federal Trade Commission. The announcement is part of the White House's efforts to preview components of the president's State of the Union address in the lead-up to the Jan. 20 speech. The official was not authorized to be named and insisted on anonymity to discuss the proposed legislation ahead of Obama's announcement.
Source: http://www.foxbusiness.com/technology/2015/01/11/obama-to-propose-laws-on-data-hacking-notification-student-privacy-as-previews/

'Boyhood' Wins Golden Globe For Best Drama | Fox Business

"Boyhood" captured the life of a boy as he grows from the age of six to when he turns 18. Director Richard Linklater, who also won a Globe for best director, used the same actor, Ellar Coltrane, to chronicle each year of the boy's life. Julianne Moore and Eddie Redmayne won best actor drama honors. Best comedy went to "The Grand Budapest Hotel," with acting awards in that category going to Michael Keaton and Amy Adams. Copyright 2015 MarketWatch, Inc. In an exclusive interview with FOX Business, the National Security Agency director said he thinks the recent cyberattack on Sony could set a precedent for future attacks aimed at the U.S.
Source: http://www.foxbusiness.com/markets/2015/01/11/boyhood-wins-golden-globe-for-best-drama/

Gold climbs to one-month high on weaker dollar, oil - Yahoo Finance

But equity markets are taking a hit from persistent weakness in oil prices, fuelling the flight to safety. "Normally, lower oil prices are a negative for gold, but prolonged oil price declines may be fanning concerns that further losses could have a dislocative impact on the financial markets and oil-exporting economies," HSBC analyst James Steel said. "This is creating safe-haven demand redirected for gold." Spot gold climbed to $1,228.20 an ounce, its highest since Dec. 11, and was trading up 0.3 percent at $1,226.76 at 0329 GMT. The metal gained about 1 percent on Friday, snapping a three-week decline.
Source: http://finance.yahoo.com/news/gold-climbs-one-month-high-035058155.html

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Stocks Fall Again: Here's What You Need To Know - Yahoo Finance

"The price of oil above $100 is artificial," Alwaleed told Bartiromo. "It's not correct." 2. Goldman Sachs analyst Jeff Currie was also out with a big note on oil over the weekend, and among other things, Currie cut his six-month price target on West Texas Intermediate crude to $39 a barrel from $75, while also sharply cutting his Brent crude forecasts. Currie noted, however, that prices need to go lower, and stay lower, to really start a string of debt defaults that some investors have expressed growing concern over. 3.
Source: http://finance.yahoo.com/news/stocks-fall-again-heres-know-210002982.html

Stocks slide as oil prices fall further; GM challenges Tesla - Yahoo News

Yahoo Finance "As soon as we get a day or two of stabilization, oil drops off a cliff again," Randy Frederick, managing director of trading and derivatives at Charles Schwab, said of the crude's descent. On the New York Mercantile Exchange, crude futures for February (New York Mercantile Exchange: @CL15G) delivery below $46 a barrel for the first time since April 2009, ending down 4.7 percent, at $46.09 a barrel; gold futures (CEC:Commodities Exchange Centre: @GC15G) rose to $1,232.80 an ounce. After the close, Alcoa ( AA ) reports fourth-quarter results, marking the unofficial start to the earnings season. The aluminum producer gained after Nomura Holdings advised purchasing its shares.
Source: http://finance.yahoo.com/news/stocks-again-hit-oil-sandisk-154609679.html

Stocks rebound ahead of earnings - Yahoo Finance

The S&P 500 is in the middle of its recent range after bouncing at key support earlier in the month, and it has traded on either side of 2000 since the summer. Attention now turns to a busy calendar, starting with quarterly results from Alcoa this afternoon. Retail sales follow tomorrow morning, then earnings from CSX after Tuesday's closing bell. JP Morgan Chase and Wells Fargo get the ball rolling for financials Wednesday morning.
Source: http://finance.yahoo.com/news/stocks-rebound-ahead-earnings-131144376.html

Stocks end lower with crude; Alcoa results ahead - Yahoo Finance

The question is, how much of it that was priced in the two plus percent drop weve seen in the past couple of weeks," Task points out. Get the Latest Market Data and News with the Yahoo Finance App M&A in drug industry is back after a slew of deals in 2014. NPS Pharmaceuticals shares ( NPSP ) are higher after Irish-based drugmaker Shire ( SHPG ) agreed to buy the U.S. firm for $5.2 billion dollars in cash, or $46-dollars a share. The deal will help boost its portfolio with medicines used to treat rare diseases. gene-sequencing firm.
Source: http://news.yahoo.com/earnings-season-on-wall-street--gm-challenges-tesla--tiffany-holiday-sales-120055915.html

Stocks fall as slump in oil prices weigh down energy shares - LA Times

Oil needs to trade near $40 a barrel in the first half of this year to curb shale investments, the bank said. "Many people (visit) are fearful that this is a sign of deflation coming," Rob Lutts, chief investment officer at Salem, Mass.-based Cabot Wealth Management Inc., said via phone. "There's a little bit more fear in the air and it revolves around things we can't control, including overseas economies and concern over how fast they're growing." Exxon Mobil Corp. and Chevron Corp. plunged at least 1.8% today to lead declines in the Dow.
Source: http://www.latimes.com/business/la-fi-us-stocks-20150113-story.html?track=rss

January 09 2015

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Obama Pays Respects At French Embassy After Paris Attack - Abc News

Obama is sending the wrong message on owning a home - Yahoo News

The Obama administration says the FHA program is following prudent lending standards developed after the 2008 crisis. Insurance premiums will still be 0.85 percent of read more the loan value per year, substantially higher than the pre-crisis norms of about 0.55 percent. The White House projects that 800,000 borrowers will be able to take advantage of the lower premiums within a year, and that its new policy will nudge many families off the sidelines and into the home-buying market. Since 2008, the housing market has gradually recovered. But many younger households, in particular, have remained in the rental market or have doubled up with parents rather than trying to buy homes. A key factor is affordability, so anything that cuts the cost of mortgages might help promote a long-expected revival of the first-time buyer.
Source: http://news.yahoo.com/obama-cutting-mortgage-fees-fha-borrowers-good-news-202947262.html

View photo President Barack Obama gestures as he speaks at Central High School, Thursday, Jan. 8, 2015, in Phoenix, about the recovering housing sector. (AP Photo/Carolyn Kaster) WASHINGTON (Reuters) - President Barack Obama said on Thursday he would offer a proposal in his State of the Union speech that would make two years of community college free for anyone willing to work for it. Obama said in a video message released by the White House that in a visit to Tennessee on Friday he would announce the program to make community college accessible for everyone. Under the proposal, students who attend at least half-time, maintain a 2.5 GPA while in college, and make steady progress toward completing their programs would have their tuition eliminated. The White House said the program would be taken in partnership with states and was inspired by new programs in Tennessee and Chicago.
Source: http://news.yahoo.com/obama-proposes-two-years-free-community-college-235032113.html

Obama cutting mortgage fees for FHA borrowers: Good news for housing market? - Yahoo News

Behind him hung a painting of George Washington at Yorktown with French Gen. Jean-Baptiste Donatien de Vimeur, better known as Count Rochambeau. "As allies across the centuries, we stand united with our French brothers to ensure that justice is done and our way of life is defended," Obama wrote. "We go forward together knowing that terror is no match for freedom and ideals we stand for ? ideals that light the world." He signed off with "Vive la France !" Afterward, Obama stood briefly near the table with his head bowed in a moment of silence before shaking hands with embassy personnel. Obama has denounced the "cowardly, evil attacks" that took place Wednesday at the offices of the satirical newspaper Charlie Hebdo.
Source: http://abcnews.go.com/Politics/wireStory/obama-pays-respects-french-embassy-paris-attack-28098461

Obama to Ease Mortgage Rules for 800,000 Low-Income Households - Yahoo News

When a buyer cannot qualify for an affordable mortgage because a bank is concerned about their ability to repay the loan, the FHA can step in and offer a guarantee to the bank that it will bear some or all of the losses in the event of a default The price is a guarantee fee, which is typically paid by the borrower in the form of a higher monthly mortgage payment. Related: White House Rolls Out State of the Union Spoilers The presidents order would knock the guarantee fee down by half a percentage point. The move wont cause a major shift in the housing market, but it will allow many buyers who are currently right on the margin in terms of being able to afford a home, to get the loans they need. In a post on Medium yesterday, White House Senior Adviser Dan Pfeiffer said the move was necessary because homeownership is out of reach for too many Americans families who can afford to buy a home, but find themselves shut out because the lending market is too tight. Thats why the President will announce a new executive action that will help more responsible Americans own a home, building on efforts already underway to cut red tape that holds them back. However, combined with a recent move by Fannie Mae and Freddie Mac to allow first-time buyers to purchase their homes with as little as 3 percent down, the changes to FHA loans have some critics warning that weve been down this road before. Related: What Chickens and Gold Have in Common: Lower Prices Given the current state of the economy, there is no reasonable argument for the need to support housing to boost the economy, said economist Charles Calomiris, an adjunct fellow at the Manhattan Institute. Unemployment has fallen and GDP is growing rapidly.
Source: http://news.yahoo.com/obama-ease-mortgage-rules-800-181200498.html

Obama proposes two years of free community college - Yahoo News

The FHA move comes on top of other measures meant to make home ownership easier for middle- and low-income borrowers, such as recent moves by Fannie Mae and Freddie Mac to allow lower down payments for some borrowers and to ease standards for lenders , which ought to make mortgages easier to get. The housing recovery has been a notable weak spot in an otherwise improving economy, with home values still about 10% below peak values from 2006. Tough lending standards, meanwhile, have kept many potential buyers on the sidelines. The cut in FHA insurance costs, Obama said at a speech in Arizona , should help further accelerate growth in the housing market and stabilize prices. Theres a big problem, however: Owning a home these days may be a much bigger impediment to career success than it ever was in the past. Yet politicians and their allies in the real-estate business are still preaching the old gospel about home ownership, as if its the same path to prosperity it always was. It isnt, and anybody considering buying a home needs to think doubly hard about the liabilities that come with such a big commitment, as well as the benefits.
Source: http://news.yahoo.com/obama-is-sending-the-wrong-message-on-owning-a-home-190228471.html

December 29 2014

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Obama: Longest War In Us History Is Ending - Yahoo News

Obama: America 'less racially divided' | Fox News

He says U.S. troops and diplomats have helped Afghans reclaim their communities and move toward democracy. Obama is also honoring the more than 2,200 Americans who have died in Afghanistan since the war started 13 years ago. Obama says those years have tested the U.S. and its military. From a peak 140,000 troops in 2010, the U.S.
Source: http://news.yahoo.com/obama-longest-war-us-history-ending-190242453--politics.html

"No, I actually think that it's probably in its day-to-day interactions less racially divided," Obama said in an interview with NPR, according to an excerpt . ADVERTISEMENT ADVERTISEMENT His comments come as racial tensions have been running high following the deaths of Michael Brown in Ferguson, Mo., and Eric Garner in Staten Island, N.Y. Both were black, unarmed and killed by police. Grand juries decided not to indict either officer, leading to nationwide protests regarding racial inequality. The frustration has also turned into violence. Two NYPD officers were killed in their patrol car Dec.
Source: http://www.foxnews.com/politics/2014/12/28/obama-america-less-racially-divided/

Obama marks end of combat in Afghanistan - CNN.com

Multiple Militant Attacks in Afghanistan American troops went to fight in Afghanistan following the Sept. 11, 2001, terrorist attacks, and the U.S. spent more than $1 trillion dollars there and lost upwards of 2,200 servicemen and women. CNN goes to Afghanistan with Chuck Hagel Obama vowed to wind the Afghan war down when he took office, eventually announcing this year he would reduce the number of troops stationed there to about Obama forgive student loans 10,000 a massive reduction from the nearly 150,000 who once served. In a ceremony in Afghanistan's capital of Kabul on Sunday, the commander of the International Security Assistance Force officially marked the end of coalition combat in Afghanistan by rolling up the ISAF flag. The city has suffered an uptick in Taliban violence as the drawdown date approached, though U.S.
Source: http://www.cnn.com/2014/12/28/politics/obama-afghanistan-end-of-combat/index.html

Obama: America 'less racially divided' since he took office in 2009 | Fox News

Obama suggested in the aftermath of the shooting of Michael Brown -- an unarmed black teen who was killed by a white police officer in August in Ferguson, Missouri -- that race relations in America have improved in the past 40 or 50 years. "We have made enormous progress in race relations over the course of the last several decades, Obama said in late November after a grand jury decided not to indict Officer Darren Wilson. I have witnessed that in my own life and to deny that progress, I think, is to deny Americas capacity for change. A new Gallup poll shows Americans' perception of race relations essential unchanged since 2002, with roughly 66 percent of black respondents saying relations are good, compared to 72 percent for non-Hispanic whites. Obama also told NPR, in the year-end interview with Morning Edition host Steve Inskeep, that low morale around race relations in the U.S. is exaggerated by the national conversation about the recent violence and not an accurate reflection of the state of affairs around the country. The death of Brown and Eric Garner in July has sparked widespread protests and concerns about how police officers interact with members of black communities across the country.
Source: http://www.foxnews.com/politics/2014/12/28/obama-america-less-racially-divided-since-took-office-in-200/

Obama?s ?pen and phone? barrage

Immigration Obama after the midterm elections issued an order protecting about 4.5 million illegal immigrants from deportation. Obama directed federal agencies not to deport the parents of immigrants who are living legally in the U.S. He also expanded the scope of young immigrants who qualify for such protections. The move enraged Republicans, who accused the president of going around Congress to act alone on immigration. And Republicans have promised to take action to curb the president. But its unclear if theres much they can do. Even a government shutdown would leave most federal employees involved with processing the new immigrant cases at their desks. That could leave the decision on what happens to immigrants newly granted legal status to Obamas successor.
Source: http://www.msn.com/en-us/news/politics/obama%e2%80%99s-%e2%80%98pen-and-phone%e2%80%99-barrage/ar-BBhi8XQ?srcref=rss

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Etf Preview: Etfs, Stock Futures Edge Higher As Oil, Gold Prices Rise - Nasdaq.com

Spectrum said it is also seeking approval for the palliative treatment of patients with multiple myeloma for whom oral therapy isn't appropriate. Winners and Losers Financial Select Financial Sector SPDRs (XLF) was flat. Direxion Daily Financial Bull 3X shares (FAS) and its bearish counterpart, FAZ were also flat. Citigroup (C) was up 0.2% after it said it has reached an agreement to sell its retail banking business in Japan to Sumitomo Mitsui Banking. Citigroup's entire retail banking operations, including its Japan-wide network of retail branches and ATMs, will be transferred to a trust bank subsidiary of SMBC. SPDR S&P International Technology Sector ETF (IPK) was also unchanged.
Source: http://www.nasdaq.com/article/etf-preview-etfs-stock-futures-edge-higher-as-oil-gold-prices-rise-cm427265

Gold retains sharp gains; SPDR holdings at six-year low - Yahoo Finance

dollar, reflecting a robust economy and the possibility of higher interest rates. The dollar index, which tracks the greenback's value against a basket of currencies, was trading close to a nine-year peak hit last week. A strong dollar makes gold more expensive for holders of other currencies and reduces its appeal as a hedge. Oil prices remain soft, hurting gold's appeal as a hedge against dollar-led inflation. Traders will be looking at buying in top consumer China and U.S.
Source: http://finance.yahoo.com/news/gold-retains-sharp-gains-spdr-025309028.html

Japan Stocks Start Week Higher, But Sony Pulls Back | Fox Business

up 1%, and Kajima Corp. gaining 0.6%. Weak energy prices appeared to help Tokyo Electric Power Co. (up 2.9%) and Hokkaido Electric Power Co. (up 0.9%), but Kansai Electric Power Co. underpeformed many of the other utilities, up just 0.1%, as the Nikkei reported Kansai was in partnership talks with Tokyo Gas Co.
Source: http://www.foxbusiness.com/markets/2014/12/28/japan-stocks-start-week-higher-but-sony-pulls-back/

Sony says PlayStation is back online after holiday hacker attack caused 3 days of outages | Fox Business

up 7.4%, Kingsgate Consolidated Ltd. up 3.9%, and Sydney-listed shares of Alacer Gold Corp. up 8.6%. Among the senior miners, BHP Billiton Ltd.
Source: http://www.foxbusiness.com/markets/2014/12/28/australia-stocks-rise-in-post-holiday-return/

Australia Stocks Rise In Post-holiday Return | Fox Business

But the http://www.etftradingsignals.com company said Sunday that heavy traffic might continue to cause problems for customers seeking to play their favorite games. A group of hackers called Lizard Squad or someone claiming to speak for it took credit for the disruptions. In a blog post Saturday night saying service had been restored, Sony vice president Catherine Jensen added that "PlayStation Network and some other gaming services were attacked over the holidays with artificially high levels of traffic to disrupt connectivity and online gameplay." Microsoft's Xbox Live service, which also went down Thursday, was back online Friday, although the company reported continuing problems. One has to wonder whats going to happen when U.S.
Source: http://www.foxbusiness.com/technology/2014/12/28/sony-says-playstation-is-back-online-after-holiday-hacker-attack-caused-3-days/

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