Obama Seeks Stronger Ties With Widodo, Indonesia

“No doubt the election was not 100 percent clean. There have been reports of hijinks (misconduct), games, of maneuvers on both sides. We need to emphasize that, on both sides, McCawley said. By world standards,the election was surprisingly good. The election authorities in Indonesia were well-organized, the count was well-organized, and the ballot boxes have been protected. There is some dispute about some voting in some parts of Indonesia, but the best observers say any faults in the system are minor. And, they certainly do not undermine the overall result, he added.
Source: http://www.voanews.com/content/obama-seeks-stronger-ties-with-widodo-indonesia/1964118.html

Obama grants gay and transgender employees US bias protection – CSMonitor.com

Photo by Baz Ratner/Reuters The Obama administration asked Congress to fast-track Israels request for an additional $225 million for the Iron Dome anti-missile system. The administration cited Israeli needs arising from the Gaza war in pressing for the extra funding. The Government of Israel has requested $225 million in additional funding for Iron Dome in order to accelerate production of Iron Dome components in Israel and maintain adequate stockpiles, Bernadette Meehan, a spokeswoman for the National Security Council, told JTA in an email. The Department of Defense has reviewed and supports this urgent request, she said. Since the start of Operation Protective Edge, Iron Dome has saved countless Israeli lives. In a meeting Wednesday of Democratic senators and Jewish leaders, some of the senators said they had already started the procedure to include the new money in this years appropriations. A day earlier, Defense Secretary Chuck Hagel wrote to leaders of the U.S.
Source: http://www.jewishjournal.com/nation/article/obama_administration_presses_for_225m_addition_to_iron_dome_funding

Obama administration presses for $225M addition to Iron Dome funding | Nation |

Jewish Journal

But he noted that more states allow same-sex marriage than prohibit gay discrimination in hiring. “It’s not just about doing the right thing, it’s also about attracting and retaining the best talent,” Obama said. The change for federal contracting will affect some 24,000 companies with 28 million workers, or one-fifth of the US workforce. Many large federal contractors already have employment policies barring anti-gay workplace discrimination. However, the Williams Institute at UCLA Law School estimates that the executive order would extend protections to about 14 million workers whose employers or states currently do not have such nondiscrimination policies.
Source: <a private student loan forgiveness Obama href=’http://www.csmonitor.com/USA/Latest-News-Wires/2014/0722/Obama-grants-gay-and-transgender-employees-US-bias-protection&#8217; >http://www.csmonitor.com/USA/Latest-News-Wires/2014/0722/Obama-grants-gay-and-transgender-employees-US-bias-protection

Obama visits Los Altos area

“I’m not going to give him advice about how to allocate his time, but he’s certainly not spending the kind of time with the people he needs to pass legislation and convince people who have a vote, who were sent here to legislate, of the virtues of whatever position he has,” McConnell said. White House officials, however, say Obama is able to do his official duties while traveling for political purposes. “In terms of fundraising, it’s a responsibility that presidents in both parties for generations have been responsible for,” White House spokesman Josh Earnest said. “And the president, like his predecessors, is interested in supporting members of his party who are on the ballot in 2014.” Rep. Mike Honda, D-San Jose, greeted the president as his Marine One helicopter landed at a Foothill College soccer field.
Source: http://www.contracostatimes.com/rss/ci_26203030?source=rss

Obama, in Silicon Valley for fundraisers, touts accomplishments – ContraCostaTimes.com

In the wake of his visit, unknown persons, apparently no fans of Obama, put up several posters yesterday around downtown Los Altos (such as the one at right) sarcastically referencing his $32,000-per-plate appearances while accusing him of ignoring recent international crises. Several of the posters have since been taken down. Photo courtesy of Lina Broydo Glorious Fourth Phil Aaronson 7 Hours Ago As written above, certainly Ms. Logan has been all… common Sense 8 Hours Ago Having a lock step board where everyone was from o… John Locke 8 Hours Ago Uhhh…
Source: http://www.losaltosonline.com/news/sections/news/48021-obama-s-coming-to-town

Market Update July 16 – Business Insider

Stocks finish mixed; Yellen’s comments hurt biotech and social media shares | Hot Stock Minute – Yahoo Finance

<img src='http://i.imgur.com/Y6ICtyC.jpg&#039; width='500px' style='float:left;padding:5px' http://www.todayhotstocks.com />

Stocks are higher on a busy day that has seen huge merger news and the second day of Federal Reserve Chair Janet Yellen speaking on Capitol Hill. The Dow up 62 points, the S&P 500 is up 7 points, and the Nasdaq is up 17 points. The biggest news of the day is Rupert Murdoch’s offer to buy Time Warner for $80 billion, which Time Warner rejected. Excluding food and energy, prices rose 0.2%. Homebuilder confidence in July rose to 53 from 49 , according to data from the NAHB, better than the 50 that was forecast by economists and the first reading above 50 since January. Industrial production data showed that in June, production slowed to 0.2% , below expectations for a gain of 0.3% and down from May’s revised reading of a 0.5% increase. CNBC is also hosting its Delivering Alpha conference today, featuring a number of noted hedge fund managers, including Leon Cooperman, who gave his 12 favorite stock picks , which included KKR, Citigroup, and Thermo Fisher. Our wall-to-wall coverage of Delivering Alpha will be on Clusterstock all day .
Source: http://www.businessinsider.com/market-update-july-16-2014-7

US stocks close higher; Time Warner soars – Business – NorthJersey.com

British American Tobacco ( BTI ) will maintain its 42% stake in Reynolds. Reynolds American fell $4.34 to end at $58.84 while Lorillard finished $7.05 lower at $60.17 — a 10.5% loss. Analysts covering a couple of stocks gave them a boost. Plug Power ( PLUG ) gained 16% to close at $4.85 , after FBR Capital Markets initiated coverage of the fuel-cell power company with an “outperform” rating and a target price of $8. GoPro ( GPRO ) soared 13% to end at $41.63 after JMP Securities initiated coverage of the company that went public last month.
Source: http://finance.yahoo.com/blogs/hot-stock-minute/stocks—–170717119.html

The Nasdaq composite rose nine points, or 0.2 percent, to 4,425. Time Warner soared 17 percent on news that Rupert Murdoch’s Twenty-First Century Fox had made a bid for the media giant. Intel jumped 9 percent after reporting a surge in earnings as companies spent more on replacing PCs. Bond prices rose.
Source: http://www.northjersey.com/news/business/us-stocks-close-higher-time-warner-soars-1.1051958

US stocks close higher; Time Warner soars – The Denver Post

Cheap financing and a tough global economy have made acquisitions an attractive option for companies to expand their business. The value of U.S. corporate deals has surged 80 percent to $1.02 trillion so far this year from $563 billion in the same period a year ago, according to Dealogic. Fox’s bid for Time Warner aims to counter consolidation among TV distributors. While Time Warner rejected Fox’s roughly $76 billion cash-and-stock offer, some financial analysts anticipate Fox will try again.
Source: http://www.denverpost.com/dontmiss/ci_26158164/us-stock-index-futures-move-higher?source=rss

Top Etf Picks For Q2 Earnings Season – Etf News And Commentary – Nasdaq.com

Pan American (scheduled to report earnings on go!! August 21) takes the sixth spot in the basket while Fortuna (earnings on August 11) and Primero (earnings on August 7) occupy the third and fourth positions, respectively. Each make up for at least 5% of SIL (read: Can the Run Continue for Silver Mining ETFs? ). The ETF has amassed $273.4 million in its asset base while charges investors 65 bps in fees a year. Average daily volume is good, exchanging more than 260,000 shares.
Source: http://www.nasdaq.com/article/top-etf-picks-for-q2-earnings-season-etf-news-and-commentary-cm370329

Vanguard Mid-Cap ETF Experiences Big Inflow – NASDAQ.com

Easily the most popular is the Market Vectors Gold Miners ETF ( GDX ) which has over $8 billion in AUM, though GDXJ and RING are solid options too. This latest fund from Sprott though, looks to take the smart beta craze which has been hitting the ETF world and apply it to the gold mining space, hopefully resulting in some outperformance. This process is accomplished by tracking the Sprott Zacks Gold Miners Index, which focuses on 25 gold miners that have high betas compared to the price of gold, keeping the overall basket small. This allows for each company to receive a decent weight in the benchmark, and thus contribute to overall performance (read The Guide to Gold Mining ETFs ). The weights for this group are determined not by market cap but instead by looking at which have the highest quarterly revenue growth measured on a year-over-year basis, and stronger relative balance sheets as measured by long-term debt to equity levels. Additionally, the index will be rebalanced quarterly, ensuring that the latest company results are reflected in the index, and thus SGDM as well.
Source: http://finance.yahoo.com/news/smart-beta-gold-mining-etf-143529559.html

India ETF receives vote of confidence – Yahoo Finance

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Source: http://finance.yahoo.com/news/india-etf-receives-vote-confidence-094722341.html

ETF Preview: Broad Market ETFs Gain, China Funds Outperform After Better-Than-Expected GDP Data – NASDAQ.com

(Symbol: SNDK) is up about 0.9%, Delphi Automotive plc (Symbol: DLPH) is down about 0.4%, and Western Digital Corp. (Symbol: WDC) is up by about 2.9%. The chart below shows the one year price performance of VO, versus its 200 day moving average: Looking at the chart above, VO’s low point in its 52 week range is $97.71 per share, with $119.86 as the 52 week high point – that compares with a last trade of $118.37. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”. These ”units” can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
Source: http://www.nasdaq.com/article/vanguard-mid-cap-etf-experiences-big-inflow-cm370570

New Smart Beta Gold Mining ETF Hits the Market – Yahoo Finance

Among the largest underlying components of XLI, in trading today General Electric Co (Symbol: GE) is up about 0.5%, United Technologies Corp. (Symbol: UTX) is off about 0.2%, and Union Pacific Corp (Symbol: UNP) is up by about 0.2%. The chart below shows the one year price performance of XLI, versus its 200 day moving average: Looking at the chart above, XLI’s low point in its 52 week range is $43.93 per share, with $55.82 as the 52 week high point – that compares with a last trade of $54.52. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”. These ”units” can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
Source: http://www.nasdaq.com/article/notable-etf-outflow-detected-xli-ge-utx-unp-cm370556

Notable ETF Outflow Detected – XLI, GE, UTX, UNP – NASDAQ.com

That news helped China-related ETFs outperform the market, with the Direxion Daily China Bull Fund (YINN) up more than 5%. Power Play: Financial Select Financial Sector SPDRs (XLF) rose 0.22%. Direxion Daily Financial Bull 3X shares (FAS) was up 0.45% while its bearish counterpart, FAZ, was down 0.7%. Bank of America (BAC) reported Q2 profit and revenue that fell from a year earlier due to litigation expenses, but earnings topped estimates and revenue on a non-GAAP basis was in line.
Source: http://www.nasdaq.com/article/etf-preview-broad-market-etfs-gain-china-funds-outperform-after-better-than-expected-gdp-data-cm370437

Obama To Meet Texas Governor Perry On Immigration Crisis – Bloomberg

Obama to Dine With Woman Helped by Pay Raise – ABC News

border, according to the Austin American-Statesman newspaper. Obama and Perry will join faith leaders and state and local officials tomorrow in Dallas to discuss the migrant crisis on the border and how best to contain it. Obama will be on a three-day fundraising trip for Democrats in Colorado and Texas but he has no plans to visit the border, White House spokesman Josh Earnest said. Obama Request Were not worried about those optics, Earnest told reporters yesterday. Thats simply because the president is very aware of the situation that exists on the southwest border. He cited administration officials, including Homeland Security Secretary Jeh Johnson, who have visited the border and facilities housing a rising number of detained children.
Source: http://www.bloomberg.com/news/2014-07-08/obama-invites-texas-perry-to-meet-on-immigration-crisis.html

White House senior adviser Dan Pfeiffer says Alex’s boss voluntarily raised her pay the day after Obama’s January State of the Union address. That’s when Obama urged Congress to raise the federal minimum to $10.10 an hour. Pfeiffer says the raise allowed Alex to pay her rent and groceries without concern and says Alex wrote Obama to thank him. Obama has been meeting recently with Americans who personify economic challenges he’s trying to address. He begins a three-day trip Tuesday to Colorado and Texas.
Source: http://abcnews.go.com/Politics/wireStory/obama-dine-woman-helped-pay-raise-24462457

President Obama Wants $3.8 Billion for Immigration, But Won’t Visit Border – Yahoo News

Haney is a client services executive at Pzena Investment Bank. The White House says he’s worked in Brazil, Mexico and Puerto Rico, and studied at Georgetown University’s School of Foreign Service. Campaign finance records show Fitzgerald raised large sums for Obama’s presidential http://www.obamastudentloanforgiveness.net campaigns and also contributed to Obama’s transition team and inauguration. Obama selected him in 2013 to join the United States Holocaust Memorial Council. Obama is nominating career diplomats to be ambassadors to Macedonia, Montenegro, Senegal, Azerbaijan and Fiji.
Source: http://www.startribune.com/politics/266302941.html

Obama Taps Donor to Be Ambassador to Costa Rica – ABC News

Haney is a client services executive at Pzena Investment Bank. The White House says he’s worked in Brazil, Mexico and Puerto Rico, and studied at Georgetown University’s School of Foreign Service. Campaign finance records show Fitzgerald raised large sums for Obama’s presidential campaigns and also contributed to Obama’s transition team and inauguration. Obama selected him in 2013 to join the United States Holocaust Memorial Council. Obama is nominating career diplomats to be ambassadors to Macedonia, Montenegro, Senegal, Azerbaijan and Fiji.
Source: http://abcnews.go.com/Politics/wireStory/obama-taps-donor-ambassador-costa-rica-24476429

Obama nominates longtime donor Fitzgerald Haney to be US ambassador to Costa Rica | Star Tribune

Please enter a valid phone number. Please enter your Phone Number. Send Thanks! A link has been sent. Done President Obama Wants $3.8 Billion for Immigration, But Won’t Visit Border By Arit John 10 hours ago 0 shares View photo President Obama Wants $3.8 Billion for Immigration, But Won’t Visit Border President Obama will request $3.8 billion from Congress to alleviate the immigration crisis at the border, according to The Washington Post . The funds, nearly double the anticipated White House request, will go towardsthe Departments of Justice, Homeland Security, State and Health and Human Services to add more immigration judges, processing facilities and to help deport more of the children and adults immigrating from El Salvador, Guatemala and Honduras. The report comes on the same day that President Obama is scheduled to fly down to Texas to fundraise in Austin and Dallas.
Source: http://news.yahoo.com/president-obama-wants-3-8-billion-immigration-wont-153607207.html

Are Uranium Stocks A Good Contrarian Play?

equity markets also pointed to a firm open. The Dow futures pointed to a gain of 0.1%, the S&P 500 added 0.15%, while the Nasdaq 100 indicated a rise of 0.2%. The Institute of Supply Management is to publish a report on U.S. manufacturing activity later in the day.
Source: http://www.nasdaq.com/article/asia-stocks-mixed-after-china-pmi-rba-nikkei-ends-up-11-cm366573

Asia stocks mixed after China PMI, RBA; Nikkei ends up 1.1% – NASDAQ.com

Among is hem beer, wine and spirits maker Constellation Brands, as well as payroll outfit Paycheck. Kim Hjelmgaard, USA TODAY 5:31 p.m. EDT June 30, 2014 On the floor of the New York Stock Exchange. (Photo: Richard Drew, AP) 6 CONNECT 55 TWEET LINKEDIN 1 COMMENTEMAILMORE Stocks closed out a strong second quarter on a mixed note Monday.
Source: http://www.usatoday.com/story/money/markets/2014/06/30/stocks-monday/11750669/

35 Blue-Chip Dividend Stocks Increasing Payouts in Q2 2014 | InvestorPlace

IncreasingDividends 35 Blue Chip Dividend Stocks Increasing Payouts in Q2 2014

While the spot price languishes below $30 a pound, the long-term contract price for multi-year contracts signed between utilities and uranium producers held up better at $45 a pound. Still, uranium players are mostly built to play with more than $60 a pound uranium prices. The costs of mining and processing uranium to sell into utility contracts has not fallen along with the uranium spot price. Companies like Cameco (NYSE: CCJ ) , Areva (NASDAQOTH: ARVCF ) , Denison Mines (NYSEMKT: DNN ) , and Uranium Participation Corp (NASDAQOTH: URPTF ) have had a tough time, especially compared to the booming S&P 500. Uranium Participation Corp is unique.
Source: http://www.fool.com/investing/general/2014/06/30/are-uranium-stocks-a-good-contrarian-play.aspx

Stocks close mixed but post http://www.todayhotstocks.com strong 2Q gains

NEW YORK US stocks fluctuated near record levels in early trading, with the S&Ps 500 Index heading for the longest stretch of quarterly gains since 1998, as a jump in pending home sales offset weaker-than-forecast manufacturing data. DR Horton rallied 2.6 per cent, leading gains among homebuilders. Yahoo! rose 2.3 per cent after Piper Jaffray recommended buying the stock.
Source: http://www.irishtimes.com/business/markets/airline-stocks-across-europe-were-impacted-by-a-negative-report-on-easyjet-1.1850653

Airline stocks across Europe were impacted by a negative report on EasyJet

Ryanair finished 0.9 per cent lower at €6.91, with the airline announcing that Howard Millar plans to step down as deputy chief executive and chief financial officer in December

The S&P 500 is up some 4% since May 1, making that old saw seem sillier than ever, and making a few investors richer in the process. And if youre a card-carrying member of the dividend yield-seeking crowd well, dividend stocks had a little something for you, too. Among the laundry list of dividend stocks pumping up their payouts were a host of 35 blue chips, which includes 31 members of the S&P 500, five Dow Jones Industrial Average stocks and five Dependable Dividend Stocks companies that have upped their regular dividends for at least 25 consecutive years. While some of these dividend stocks newly improved payouts have already been distributed for the quarter, 10 of these companies have yet to go ex-dividend, meaning that if youve been considering jumping into them in the first place, you still can get in before their bumped-up payouts get rolling.
Source: http://investorplace.com/2014/06/blue-chip-dividend-stocks-q2-2014/