Obama Announces $7b Commitment Toward ‘doing Business In Africa’ Campaign – Upi.com

Obama wore a cream-colored dress by Prabal Gurung, one of her favorite designers, with cut-outs in both the front and the back and her hair swept up into a bun. The menu featured a largely American-style dinner with hints of Africa sprinkled throughout each of the four courses. View gallery Guests are pictured before attending the official U.S.-Africa Leaders Summit dinner hosted by U.S. P Guests dined on chilled spiced tomato soup and socca crisps, which are made of chick peas; chopped farm-stand vegetable salad using produce from the first lady’s garden; and grilled dry-aged Wagyu beef served with chermoula, a marinade used in North African cooking, sweet potatoes and coconut milk. Dessert was cappuccino fudge cake dressed with papaya scented with vanilla from Madagascar.
Source: http://news.yahoo.com/obama-welcomes-african-leaders-unusual-dinner-021009848.html

The secretary of commerce is expected to establish the advisory council within 180 days and appoint, in consultation with the Trade Promotion Coordinating Committee, 15 private sector corporate members who represent infrastructure, agriculture, consumer goods, banking services and other unspecified industries. “The Advisory Council shall advise the president, through the secretary of commerce, on strengthening commercial engagement between the United States and Africa, with a focus on advancing the president’s Doing Business in Africa Campaign…” At the U.S.-Africa Leaders Summit in Washington, D.C. on Tuesday, Obama participated in the U.S.-Africa Business Forum, where he announced $7 billion in new financing to support the Doing Business in Africa campaign. The White House explained that the money will be used “to promote U.S. exports to and investments in Africa.” Combined with financial commitments from U.S.
Source: http://www.upi.com/Top_News/World-News/2014/08/05/Obama-signs-executive-order-to-establish-advisory-council-on-investment-in-Africa/9781407264193/

Shadowed by Bush, Obama seeks Africa legacy makeover – Yahoo News

Analysts, former Bush administration officials, lawmakers, and leaders from the continent say this week’s U.S.-Africa Leaders Summit signals a positive shift in the U.S. relationship with Africa and Obama’s engagement with it. “The president, who has been criticized for not doing more for Africa by many, is really trying to step up his game,” said Stephen Hadley, Bush’s former national security adviser. ECONOMIC OPPORTUNITIES Obama’s administration has tried to shift the focus to economic opportunities on the continent. It is an approach more akin to that taken by Bush’s predecessor, Democrat Bill Clinton, who signed the Africa Growth and Opportunity Act, which dropped trade restrictions on more than 6,000 exports to America from 35 African countries. At the meeting called by Obama in Washington, U.S.
Source: http://news.yahoo.com/shadowed-bush-obama-seeks-africa-legacy-makeover-130332357.html

Michelle Obama urges counterparts to include youth – Yahoo News

Singer, said Platinum was buying the company too cheap. So Elliott and another hedge fund, Greenwich, Connecticut-based Silver Point Capital LP, put in their own bid for the company, offering to swap their debt for new shares. On July 26, 2009, they agreed with GM to cut Platinum out of the deal. In some ways, the Elliott deal was similar to the one Rattner’s task force approved the previous month. GM would http://www.obamastudentloanforgiveness.net/ provide crucial financing for the new company — a $1.7 billion direct investment in its equity, making it a shareholder alongside the hedge funds.
Source: http://finance.yahoo.com/news/obama-aides-let-delphi-tax-040100076.html

Obama Aides Let Delphi Use Tax Tactic President Assails – Yahoo Finance

Send Thanks! A link has been sent. Done Michelle Obama urges counterparts to include youth By DARLENE SUPERVILLE 58 minutes ago 0 shares . View photo FILE – This July 2, 2013 file photo shows first lady Michelle Obama and former first lady Laura Bush in Dar es Salaam, Tanzania. Obama and Bush are coming together for the second time in just over a year to promote U.S. ties to Africa.
Source: http://news.yahoo.com/michelle-obama-urges-counterparts-youth-145252094–politics.html

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Stocks Rally On Strong Gdp Growth – Nasdaq.com

Telecom Stocks to Watch Post Windstream’s REIT Plan – Yahoo Finance

ADP also announced that private-sector employers added 218,000 jobs this month, slightly better than the 215,000 consensus number. Today’s third major event comes at 2 p.m. ET, when the Federal Reserve announces monetary policy. The S&P 500 has been consolidating for most of the month after breaking out to new all-time highs in late-May and June. Transportation stocks and the Nasdaq have been the stronger segments in the market, while domestic-focused small caps have lagged.
Source: http://www.nasdaq.com/article/stocks-inch-higher-before-key-data-cm374705

Stocks End Down on Broad Selloff | Fox Business

More than 63 percent have topped revenue forecasts, above the long-term average of 61 percent. “If we started to see more negative outlooks, that would be a reason to pause, but so far this earnings season speaks to the health of corporate America and suggests markets still have room to run,” said David Lebovitz, global market strategist at J.P. Morgan Funds in New York. Telecom stocks were the only sector of the market to rise on Tuesday, adding 2.2 percent after Windstream Holdings ( WIN ) filed to spin off assets into a tax-efficient publicly traded real estate investment trust. The stock jumped 12.3 percent to $11.83 in its busiest trading day on record.
Source: http://www.foxbusiness.com/markets/2014/07/29/stocks-waver-ahead-economic-data/

Stocks open lower; Yum Brands sinks – LA Times

L-3 Communications Holdings plunged 14 percent, the most in the Standard & Poor’s 500 index, after the company reported that it was investigating accounting irregularities at is Aerospace Systems unit. Yum Brands lost 6 percent after the owner of the KFC and Pizza Hut fast-food chains said a food safety scandal in China is hurting its sales. The S&P 500 index fell 15 points, or 0.8 percent, to 1,955 in the first few minutes of trading Thursday. Jobless claims
Source: http://www.latimes.com/business/la-fi-wall-street-stocks-20140731-story.html?track=rss

European stock markets diverge at open – Yahoo News

“Theres a huge amount of uncertainty already stalking sentiment at the moment with the situation in Ukraine still so fluid but also the natural caution ahead of tomorrows US jobs data.” Asian equities traded mixed after US data showing the world’s top economy grew much more than expected in the second quarter was offset by late profit-taking. Official data showed on Wednesday that the US economy grew by 4.0 percent in April-June, much more than the 3.0 percent forecast. It was also a sharp reversal on the 2.1 percent contraction in the previous three months that was http://www.todayhotstocks.com/ caused by a severe winter. Eyes are now on the release on Friday of non-farm payrolls, which will give a better handle on the state of the economy.
Source: http://news.yahoo.com/european-stock-markets-diverge-open-102236456.html

It offers software solution, for application installation, portal management, user interface, content development, and billing technology. The company boasts a Zacks Rank #2 and therefore, can be considered as a potential stock to watch out for. Level 3 Communications, Inc. ( LVLT ): The company offers communication and information services across North America, Latin America, Europe, the Middle East, and Africa and boasts one of the largest Internet infrastructures in the world.
Source: http://finance.yahoo.com/news/telecom-stocks-watch-post-windstreams-142353630.html

Stocks Rally On Strong Gdp Growth – Nasdaq.com

Telecom Stocks to Watch Post Windstream’s REIT Plan – Yahoo Finance

ADP also announced that private-sector employers added 218,000 jobs this month, slightly better than the 215,000 consensus number. Today’s third major event comes at 2 p.m. ET, when the Federal Reserve announces monetary policy. The S&P 500 has been consolidating for most of the month after breaking out to new all-time highs in late-May and June. Transportation stocks and the Nasdaq have been the stronger segments in the market, while domestic-focused small caps have lagged.
Source: http://www.nasdaq.com/article/stocks-inch-higher-before-key-data-cm374705

Stocks End Down on Broad Selloff | Fox Business

More than 63 percent have topped revenue forecasts, above the long-term average of 61 percent. “If we started to see more negative outlooks, that would be a reason to pause, but so far this earnings season speaks to the health of corporate America and suggests markets still have room to run,” said David Lebovitz, global market strategist at J.P. Morgan Funds in New York. Telecom stocks were the only sector of the market to rise on Tuesday, adding 2.2 percent after Windstream Holdings ( WIN ) filed to spin off assets into a tax-efficient publicly traded real estate investment trust. The stock jumped 12.3 percent to $11.83 in its busiest trading day on record.
Source: http://www.foxbusiness.com/markets/2014/07/29/stocks-waver-ahead-economic-data/

Stocks open lower; Yum Brands sinks – LA Times

L-3 Communications Holdings plunged 14 percent, the most in the Standard & Poor’s 500 index, after the company reported that it was investigating accounting irregularities at is Aerospace Systems unit. Yum Brands lost 6 percent after the owner of the KFC and Pizza Hut fast-food chains said a food safety scandal in China is hurting its sales. The S&P 500 index fell 15 points, or 0.8 percent, to 1,955 in the first few minutes of trading Thursday. Jobless claims
Source: http://www.latimes.com/business/la-fi-wall-street-stocks-20140731-story.html?track=rss

European stock markets diverge at open – Yahoo News

“Theres a huge amount of uncertainty already stalking sentiment at the moment with the situation in Ukraine still so fluid but also the natural caution ahead of tomorrows US jobs data.” Asian equities traded mixed after US data showing the world’s top economy grew much more than expected in the second quarter was offset by late profit-taking. Official data showed on Wednesday that the US economy grew by 4.0 percent in April-June, much more than the 3.0 percent forecast. It was also a sharp reversal on the 2.1 percent contraction in the previous three months that was http://www.todayhotstocks.com/ caused by a severe winter. Eyes are now on the release on Friday of non-farm payrolls, which will give a better handle on the state of the economy.
Source: http://news.yahoo.com/european-stock-markets-diverge-open-102236456.html

It offers software solution, for application installation, portal management, user interface, content development, and billing technology. The company boasts a Zacks Rank #2 and therefore, can be considered as a potential stock to watch out for. Level 3 Communications, Inc. ( LVLT ): The company offers communication and information services across North America, Latin America, Europe, the Middle East, and Africa and boasts one of the largest Internet infrastructures in the world.
Source: http://finance.yahoo.com/news/telecom-stocks-watch-post-windstreams-142353630.html

Oil & Gas Etf Investing 101 – Yahoo Finance

Government, world crude consumption grew by an estimated 1.3 million barrels per day in 2013 to a record-high level of 90.4 million barrels per day. The agency, in its most recent Short-Term Energy Outlook, said that it expects global oil demand growth by another 1.1 million barrels per day in 2014. But importantly, the EIAs latest report assumes that world supply is likely to outpace consumption growth and go up by 1.5 million barrels per day in 2014. In our view, crude prices in the next few months are likely to exhibit a sideways-to-bearish trend, mostly trading in the $90-$100 per barrel range.
Source: http://finance.yahoo.com/news/oil-gas-etf-investing-101-205242243.html

First Trust Senior Loan Fund ETF (FTSL) Ex-Dividend Date Scheduled for September 23, 2014 – NASDAQ.com

This marks the 4th year that FTLB the same dividend. At the current stock price of $20.61, the dividend yield is %. The previous trading day’s last sale of FTLB was $20.61, representing a -0.26% decrease from the 52 week high of $20.66 and a 7.61% increase over the 52 week low of $19.15. For more information on the declaration, record and payment dates, visit the FTLB Dividend History page.
Source: http://www.nasdaq.com/article/first-trust-low-beta-income-etf-ftlb-ex-dividend-date-scheduled-for-september-23-2014-cm393229

First Trust Dorsey Wright International Focus 5 ETF (IFV) Ex-Dividend Date Scheduled for September 23, 2014 – NASDAQ.com

A cash dividend payment of $1E-06 per share is scheduled to be paid on September 30, 2014. This marks the 4th year that FTSL the same dividend. At the current stock price of $49.34, the dividend yield is %. The previous trading day’s last sale of FTSL was $49.34, representing a -1.32% decrease from the 52 week high of $50 and a 0.39% increase over the 52 week low of $49.15. For more information on the declaration, record and payment dates, visit the FTSL Dividend History page.
Source: http://www.nasdaq.com/article/first-trust-senior-loan-fund-etf-ftsl-ex-dividend-date-scheduled-for-september-23-2014-cm393217

First Trust Low Beta Income ETF (FTLB) Ex-Dividend Date Scheduled for September 23, 2014 – NASDAQ.com

Also, easing geopolitical worries in Ukraine and in Iraq further quelled oil supply worries, supporting the downturn. Can the Slide Continue? The sharp sell-off in crude oil prices, however, took a breather recently on some bargain hunting by investors and on news that OPEC, which accounts for 40% of the world’s oil supply, could trim output to reduce a global supply glut. OPEC Secretary General Abdullah al-Badri recently stated that the group expects to reduce its 2015 output target to 29.5 million barrels per day (bpd) from 30 million bpd when it next meets in late November. If true, this would mark the first cut by the cartel since 2008. Experts also believe that the slide in oil prices is temporary and that it will start consolidating soon as many OPEC countries require oil prices to stay above the $100 a barrel mark to meet their budget requirements .
Source: http://www.nasdaq.com/article/will-the-slump-in-oil-etfs-continue-etf-news-and-commentary-cm393187

VIG, EOG, WAG, NKE: ETF Outflow Alert – NASDAQ.com

A cash dividend payment of $1E-06 per share is scheduled to be paid on September 30, 2014. At the current stock price of $19.34, the dividend yield is %. The previous trading day’s last sale of visite site IFV was $19.34, representing a -6.43% decrease from the 52 week high of $20.67 and a 0.83% increase over the 52 week low of $19.18. For more information on the declaration, record and payment dates, visit the IFV Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.
Source: http://www.nasdaq.com/article/first-trust-dorsey-wright-international-focus-5-etf-ifv-ex-dividend-date-scheduled-for-september-23-2014-cm393221

Will the Slump in Oil ETFs Continue? – ETF News And Commentary – NASDAQ.com

(Symbol: WAG) is off about 2.5%, and Nike (Symbol: NKE) is lower by about 1.2%. The chart below shows the one year price performance of VIG, versus its 200 day moving average: Looking at the chart above, VIG’s low point in its 52 week range is $68.25 per share, with $79.21 as the 52 week high point – that compares with a last trade of $78.06. 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/vig-eog-wag-nke-etf-outflow-alert-cm393385

Obama Nominee Mcdonald Pledges To ‘transform’ Va | Fox News

According to the National Institute on Money in State Politics, Marcus over the years himself has contributed more than $1.5 million to various political causes, mostly Democratic. Obama will fly to Los Angeles late today to attend another fundraiser and then speak to community college students Thursday. He will return to Washington, D.C., on Friday for meetings with the presidents of Guatemala, Honduras and El Salvador to discuss illegal immigration from Central America. Republicans have criticized Obama for not canceling the long-planned fundraising trip. “With all that’s happening in our country and around the world — wildfires, droughts and international student loan forgiveness act of 2012 crises, I think everyone can agree the last thing the president should be doing right now is raising money for Democrats,” said Republican National Committee spokesman Michael Short.
Source: http://www.mercurynews.com/california/ci_26199487/obama-arrives-bay-area-fundraiser?source=rss

Obama in Bay Area for two fundraisers; Republicans criticize trip – San Jose Mercury News

Emergency protective measures will be provided at 75 percent federal funding. Obama said Tuesday the emergency declaration would ensure communities that lost power because of burned power lines and poles get electrical power. At more than 250,000 acres, the Carlton Complex is larger than the 1902 Yacolt Burn, which consumed 238,920 acres in southwestern Washington and was the state’s largest recorded forest fire, according to HistoryLink.org, an online resource of Washington state history. The fire is being blamed for one death. Rob Koczewski, 67, died of an apparent heart attack Saturday while he and his wife were hauling water and digging fire lines near their home.
Source: http://www.komonews.com/news/local/President-Obama-signs-emergency-declaration-for-Wash-wildfires-268278852.html

Obama signs emergency declaration for Wash. wildfires | Local & Regional | Seattle News, Weather, Sports, Breaking News | KOMO News

There is a lot of work to do to transform the department and it will not be easy, but it is essential and can be achieved.” McDonald, 61, a former Procter & Gamble CEO and an Army veteran, said taking care of veterans is personal for him. His father served in the Army Air Corps after World War II, and his wife’s father was shot down over Europe and survived harsh treatment as a prisoner of war. Another relative was exposed to Agent Orange in Vietnam and receives care from the VA, McDonald said, and a nephew is in the Air Force, deployed in the Middle East. If confirmed by the Senate, McDonald said he would take a series of actions over his first 90 days “to deliver the needed reforms our veterans deserve.” He said he plans to lay out a veteran-centered vision for the department and improve communication within the vast agency, which includes more than 300,000 employees in all 50 states and the District of Columbia. His plan includes frequent video conferences with employees and extensive travel to field offices around the country, he said.
Source: http://www.foxnews.com/politics/2014/07/22/obama-nominee-mcdonald-pledges-to-transform-va/

Obama sends top aides to Germany amid spying cases – Yahoo News

A link has been sent. Done Obama sends top aides to Germany amid spying cases 12 hours ago Content preferences Done WASHINGTON (AP) President Barack Obama has dispatched two senior advisers to Germany in an apparent effort to soothe tensions following new allegations of American spying. The White House says chief of staff Denis McDonough and counterterrorism adviser Lisa Monaco are in Berlin for meetings with their German counterparts. The White House says intelligence and security matters were in the agenda. The meetings follow the discovery earlier this month of two alleged U.S.
Source: http://news.yahoo.com/obama-sends-top-aides-germany-amid-spying-cases-152509726–politics.html

Obama says Biden would make ‘superb’ president: New Yorker – Yahoo News

Please enter your Phone Number. Send Thanks! A link has been sent. Done Obama says Biden would make ‘superb’ president: New Yorker 4 hours ago . View photo U.S.
Source: http://news.yahoo.com/obama-says-biden-superb-president-yorker-111606873.html

Stocks Up After China Growth Report, Asia Dawdles – Yahoo News

economy to boost growth and improve labor market conditions. In currencies, the euro slipped to $1.3538 from $1.3571 late Tuesday. The dollar was little changed at 101.69 yen. Benchmark U.S.
Source: http://news.yahoo.com/stocks-china-growth-report-asia-dawdles-095337741.html

B fell .7 percent to $63.82 with 22,905,700 shares traded. Delta Air Lines fell 3.9 percent to $37.10 with 9,709,500 shares traded. Ford Motor Co. rose .1 percent to $17.35 with 9,714,200 shares traded. General Electric Co.
Source: http://news.yahoo.com/most-active-york-stock-exchange-220242820.html

Premarkets: 4 things to know before the open – Jul. 16, 2014

sp 500 futures 715

Related: CNNMoney’s Tech30 4. Market overview: European markets bounced about 1% higher, encouraged by China’s growth figures, and U.S. stock futures were trading about 0.3% firmer. U.S.
Source: http://money.cnn.com/2014/07/16/investing/premarkets/index.html?section=money_topstories

<img best stocks to buy today src=’http://i.imgur.com/431VCsG.jpg&#8217; />

Most active Nasdaq-traded stocks – Yahoo News

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. Investors appeared to agree, sending Time Warner’s stock up $12.12 to $83.13 on Wednesday. Twenty-First Century Fox fell $2.19, or 6.2 percent, to $33.
Source: http://www.denverpost.com/dontmiss/ci_26158164/us-stock-index-futures-move-higher?source=rss

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

fell 19.8 percent to $.15 with 25,942,200 shares traded. PetSmart Inc. rose 12.5 percent to $67.28 with 14,084,000 shares traded. Sirius XM Radio Inc.
Source: http://news.yahoo.com/most-active-nasdaq-traded-stocks-174218975.html

Mid-day Etf Update: Etfs, Stocks Higher; Cheered By Upbeat Alcoa Earnings Ahead Of Fomc Minutes – Nasdaq.com

It also forecast net sales of $820 million to $830 million. The company said the sluggish sales can’t be entirely attributed to bad weather that kept shoppers home. In sector news, Acasti Pharma (ACST) was up 13% after the drug company said it completed two trials of CaPre, which it is developing to help prevent and treat cardiometabolic disorders, and released encouraging results from one of the trials. In its TRIFECTA trial, designed to evaluate the safety and efficacy of CaPre in reducing triglyceride levels in patients with mild to severe hypertriglyceridemia, the data review committee members recommended that there was sufficient evidence of a treatment effect that warranted the termination of the study.
Source: site internet http://www.nasdaq.com/article/mid-day-etf-update-etfs-stocks-higher-cheered-by-upbeat-alcoa-earnings-ahead-of-fomc-minutes-cm368804

ETF Securities: PGM Demand Leads Second-Quarter Inflows For Commodity ETPs – Forbes

This was quickly followed by the popular QQQ Nasdaq 100 ETF. These original ETFs were created to track the underlying Index so that investors or traders could participate in a broad market segment but also have more liquidity than with a mutual fund since the ETFs are freely tradable during market hours. ETFs have expanded to include Sector and Industry Group ETFs as well as more volatile leveraged ETFs. These ETFs also follow an Index but there are now smart beta ETFs which seek to provide enhanced returns compared to Index tracking ETFs. ETFs have been the fastest growing investment vehicle for institutional as well as retail investors in recent years turning from an obscure product at the turn of the century to an almost $2.3 trillion global industry now.
Source: http://www.nasdaq.com/article/etf-outlook-spdr-sp-retail-etf-xrt-cm368690

ETF Outlook: SPDR S&P Retail ETF (XRT) – NASDAQ.com

The combination of inflows and higher prices pushed assets under management in commodity ETPs at the end of the second quarter to $123.3 billion from $122.4 billion at the end of the first quarter. In the second quarter, there was a continuing interest in commodities that we saw at the beginning of the year, said Nicholas Brooks, head of research and investment strategy at ETF Securities, in an interview with Kitco News. That marks an important turning point. Previously, commodity ETPs collectively had posted outflows every month from January 2013 until this February, with the exception of August 2013. We think we are seeing a turn in investor sentiment towards commodities broadly, Brooks said. We think thats occurring for two mains reasons.
Source: http://www.forbes.com/sites/kitconews/2014/07/08/etf-securities-pgm-demand-leads-second-quarter-inflows-for-commodity-etps/

A Global ETF on the Cheap – Yahoo Finance

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Source: http://finance.yahoo.com/news/global-etf-cheap-120023637.html

There Is More To REITs Than Just Housing – Forbes

Includes trusts that invest in mortgage-backed securities and other mortgage related assets. Hotel & Resort REITs companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of hotel and resort properties. Office REITs companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of office properties. Health Care REITs companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of properties serving the health care industry, including hospitals, nursing homes, and assisted living properties.
Source: http://www.forbes.com/sites/advisor/2014/07/09/there-is-more-to-reits-than-just-housing/

IYE, SSO: Big ETF Outflows – Forbes

Energy ETF (IYE), where 6,700,000 units were destroyed, or a 14.6% decrease week over week. Among the largest underlying components of IYE, in morning trading today Exxon Mobil (XOM) is up about 0.5%, and Chevron (CVX) is up by about 0.5%. And on a percentage change basis, the ETF with the biggest outflow was the Proshares Ultra S&P500 (SSO), which lost 6,000,000 of its units, representing a 28.1% decline in outstanding units compared to the week prior. Among the largest underlying components of SSO, in morning trading today 3M Company (MMM) is off about 0.2%, and Abbott Labs (ABT) is higher by about 0.1%.
Source: http://www.forbes.com/sites/marketnewsvideo/2014/07/09/iye-sso-big-etf-outflows/