Obama Take Heed: Aussies Repeal ‘economy Killer’ Carbon Tax – Yahoo News

Partly that was because the emissions caps were originally designed so as not to disrupt the regions economies; it has also failed because the participants gamed the system. The original cap in 2007 was set 8.3 percent above actual 2005 emissions; a revamp didnt make it much better. An assessment by Friends of the Earth Europe says, In seventeen out of twenty-member states including France, Poland and the UK, 2012 caps are still higher than measured emissions in 2005. Overall, twenty-one out of twenty seven member states sought 2012 emissions caps that were higher than 2005 emissions (with the richest EU member state, Luxembourg, pushing for a 52 percent increase). The European Parliament has struggled to enact reforms to the ETS; finally last summer they voted in measures aimed at boosting the price of carbon by removing some permits from the marketplace. The price had fallen to such a low level that it encouraged the use of coal over natural gas ramping up emissions.
Source: http://news.yahoo.com/obama-heed-aussies-repeal-economy-094500763.html

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

Jewish Journal

Please enter your Phone Number. Send Thanks! A link has been sent. Done Obama, Dutch leader say Russia faces further costs over Ukraine 4 hours ago Content preferences Done SEATTLE (Reuters) – President Barack Obama and Dutch Prime Minister Mark Rutte agreed in a telephone call on Tuesday that Russia must face increasing costs if it continues to support violent separatists in Ukraine, the White House said in a statement. “The president official site welcomed the action taken today by the European Union’s Foreign Affairs Council strongly condemning the actions leading to this tragedy and preparing additional sanctions against those destabilizing Ukraine,” the White House said in a statement about the call. “The president and prime minister noted their concerns about further evidence that Russia is continuing to send weapons and fighters across the border to support the separatists, while continuing to mass its own forces,” it added.
Source: http://news.yahoo.com/obama-dutch-leader-russia-faces-further-costs-over-231747335.html

Obama administration says health care subsidies will keep flowing despite court decision. – Yahoo News

Please enter a valid phone number. Please enter your Phone Number. Send Thanks! A link has been sent. Done Obama administration says health care subsidies will keep flowing despite court decision.
Source: http://news.yahoo.com/obama-administration-says-health-care-152156263.html

Obama assessing need for National Guard presence at border

If they decide they need DOD support, the decision would be made by the Secretary of Defense. Copyright 2014 CNN. All rights reserved. SLIDESHOW: Preachers, gamblers & war heroes – Fun presidential facts Which president had the first telephone? Which commander in chief gambled away the White House china? Or who loved jelly beans?
Source: http://www.myfoxal.com/story/26098837/obama-assessing-need-for-national-guard-presence-at-border

Obama, Dutch leader say Russia faces further costs over Ukraine – Yahoo News

View photo A man sits at a health insurance enrollment event in Cudahy, California March 27, 2014. REUTERS/Lucy WASHINGTON (Reuters) – The Obama administration is developing a method for religious organizations opposed to contraception coverage under the Affordable Care Act to opt out of providing the coverage in their health plans without filling out a form. That is the gist of a brief filed on Tuesday in the U.S. Court of Appeals by the Justice Department. Under President Barack Obama’s signature healthcare law, known as Obamacare, employers must provide health insurance policies that cover preventive services for women, including contraception and sterilization. But the Supreme Court ruled early this month that Wheaton College, a Christian institution in Illinois, can opt out of providing the coverage on religious grounds by filling out a form claiming a religious exemption.
Source: http://news.yahoo.com/obama-government-looks-satisfy-religious-groups-obamacare-024325613.html

Obama government looks to satisfy religious groups on Obamacare – Yahoo News

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. House of Representatives and the Senate asking that the money be appropriated above the $351 million Congress is considering for the system.
Source: http://www.jewishjournal.com/nation/article/obama_administration_presses_for_225m_addition_to_iron_dome_funding

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Stocks End Mostly In Red After Yellen, Earnings, Data – Yahoo Finance

Stocks waver amid valuation worry and bank earnings

Each reading came in ahead of Wall Street forecasts. The firm saw a drop in revenue in its fixed-income, currencies, and commodities trading revenue, but that decline was not out of line with industry peers. Goldman saw improvement in its investment-banking and lending divisions. Johnson & Johnson (JNJ) reported strong second-quarter results that exceeded both Morningstar analysts’ and consensus expectations largely because of stronger-than-expected pharmaceutical sales. In particular, sales of hepatitis C drug Olysio significantly outperformed expectations.
Source: http://finance.yahoo.com/news/stocks-end-mostly-red-yellen-202000326.html

View photo An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton JOHANNESBURG (Reuters) – South African stocks hit record highs on Wednesday, with index heavyweights such as FirstRand gaining after investor confidence was bolstered by expectations the United States will continue with its massive stimulus programme. But the advances were limited by concerns equities are overpriced after a series of record finishes this year. Investors were also looking ahead to South Africa’s central bank policy decision on Thursday. U.S. Federal Reserve Chair Janet Yellen on Tuesday signalled the Fed will keep monetary policy loose until hiring and wage data improve.
Source: http://news.yahoo.com/south-africa-stocks-record-high-valuations-concern-162623347.html

South Africa stocks at record high, but valuations a concern – Yahoo News

A link has been sent. Done US stocks slip as investors digest earnings By The Associated Press 3 hours ago 0 shares . View photo FILE – In http://www.todayhotstocks.com this Feb. 10, 2011 file photo, American flags fly in front of the New York Stock Exchange, in New York.
Source: http://news.yahoo.com/us-stocks-slip-investors-digest-earnings-155408355–finance.html

US stocks slip as investors digest earnings – Yahoo News

On the New York Mercantile Exchange, oil futures fell below $100 a barrel for the first time since the middle of May, losing 95 cents to settle at $99.96 a barrel. Gold futures erased initial gains, dropping $9.60, or 0.7 percent, to finish at $1,297.10 an ounce. Read More The reason Yellen’s comments sent gold lower The dollar edged higher against the currencies of major U.S. trading partners; the 10-year Treasury yield used to figure mortgage rates and other consumer loans fell a basis point to 2.542 percent.
Source: http://www.cnbc.com/id/101837319?__source=yahoonews&par=yahoonews

Noteworthy Etf Inflows: Ezm, Aal, Joy, Snv – Nasdaq.com

Among the largest underlying components of EZM, in trading today American Airlines Group Inc (Symbol: AAL) is up about 0.3%, Joy Global Inc (Symbol: JOY) is up about 7%, and Synovus Financial Corp. (Symbol: SNV) is lower by about 0.7%. The chart below shows the one year price performance of EZM, versus its 200 day moving average: Looking at the chart above, EZM’s low point in its 52 week range is $74.39 per share, with $93.59 as the 52 week high point – that compares with a last trade of $91.31. 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/noteworthy-etf-inflows-ezm-aal-joy-snv-cm370578

RBC Global Asset Management Inc. announces RBC ETF monthly cash distributions for July 2014 – Yahoo Finance

and South Africa round out the fund. In terms of stocks, Franco-Nevada ( FNV ), Randgold Resources ( GOLD ), and Goldcorp ( GG ), all receive more than 13.6% of the assets, but are the only three that have more than 5.5% of the total, suggesting a decent level of concentration. Can It Succeed? The gold mining space is pretty crowded, and new funds have had difficulty in breaking in and unseating GDX which has grown into a behemoth in the space.
Source: http://finance.yahoo.com/news/smart-beta-gold-mining-etf-143529559.html

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

Send Thanks! A link has been sent. Done RBC Global Asset Management Inc. announces RBC ETF monthly cash distributions for July 2014 RBC 2 hours ago Content preferences Done TORONTO , July 16, 2014 /CNW/ – RBC Global Asset Management Inc. today announced July 2014 distributions for unitholders of RBC 1-5 Year Laddered Corporate Bond ETF, RBC Target Maturity Corporate Bond ETFs and RBC Quant Dividend Leaders ETFs.
Source: http://finance.yahoo.com/news/rbc-global-asset-management-inc-130000941.html

Noteworthy ETF Inflows: EWJ – NASDAQ.com

Within the sector, Lorillard ( NYSE: LO ) and Reynolds American ( NYSE: RAI ) are two large stocks that are lagging, showing a loss of 9.5% and 4.4%, respectively. Consumer Goods ETF ( AMEX: IYK ), which is down 1.0% on the day, and up 5.05% year-to-date. Lorillard, meanwhile, is up 22.49% year-to-date, and Reynolds American is up 23.50% year-to-date. The next worst performing sector is the Healthcare sector, showing a 0.6% loss.
Source: http://www.forbes.com/sites/joelkornblau/2014/07/15/tuesday-sector-laggards-consumer-products-healthcare/

Johnson & Johnson, Goldman Sachs Pushing These ETFs Upward – Yahoo Finance

The chart below shows the one year price performance of EWJ, versus its 200 day moving average: Looking at the chart above, EWJ’s low point in its 52 week range is $10.79 per share, with $12.25 as the 52 week high point – that compares with a last trade of $12.12. 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. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction best etf to trade of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Source: http://www.nasdaq.com/article/noteworthy-etf-inflows-ewj-cm370574

Tuesday Sector Laggards: Consumer Products, Healthcare – Forbes

ETF Outlook for Tuesday July 15, 2014 The U.S. markets opened the week higher, closing with solid gains after trading with a very narrow range for the entire session. Gold suffered its worst one-day performance of the year as investors shifted out of the yellow metal and back into equities. The early morning indication was for a weaker market open after Europe was in the red. However, a handful of solid earnings announcements from the financials and healthcare have the buyers back at the table. Pharmaceutical ETF (NYSE: IHE ) The ETFs largest holding, Johnson & Johnson (NYSE: JNJ ), beat earnings this morning on both the top and bottom line.
Source: http://finance.yahoo.com/news/johnson-johnson-goldman-sachs-pushing-132451613.html

Obama Taps Donor To Be Ambassador To Costa Rica – Abc News

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. All of the positions must be confirmed by the Senate.
Source: http://abcnews.go.com/Politics/wireStory/obama-taps-donor-ambassador-costa-rica-24476429

Obama seeks $3.7 billion in immigration funds | Politics – WCVB Home

The president offered no parallel praise for Netanyahu, who is only mentioned by name once in the piece. ADVERTISEMENT ADVERTISEMENT Obama’s comments, published in Hebrew, Arabic and English, were his first public comments on Middle Eastern affairs since the murder of three Israeli teenagers last month touched off a new round of regional violence and deepening mistrust. After the bodies of the three Israelis were discovered, Obama issued a brief written statement, but hasn’t spoken about the situation publicly. Haaretz said the op-ed was intended for the newspaper’s upcoming peace summit. The White House told The Associated Press the op-ed was written before June 30 — the day the three Israeli teens were found dead — but later updated to reflect more recent events. Writing in emotional terms, Obama said he couldn’t imagine the pain suffered by the parents of the three Israeli teens, but was also heartbroken by the senseless murder of a Palestinian teenager who many suspect was killed as payback. “All parties must protect the innocent and act with reasonableness and restraint, not vengeance and retribution,” Obama said. Obama didn’t mention Tariq Abu Khdeir, the cousin of the murdered Palestinian, who was arrested after clashing with Israeli forces.
Source: http://www.foxnews.com/politics/2014/07/08/obama-praises-abbas-but-not-netanyahu-in-opinion-piece-published-by-israeli/

Obama Requests Nearly $4 Billion In Funds To Speed Deportations : NPR

“And what we would like is for the secretary of homeland security to exercise some greater discretion after the due process rights of those individuals has been acknowledged and respected.” Partisan divide It was unclear how much cooperation Obama would get from congressional Republicans. A spokesman for House Speaker my website John Boehner said the request would be considered, but noted it lacked a component sought by the Republican leader. “The speaker still supports deploying the National Guard to provide humanitarian support in the affected areas – which this proposal does not address,” said Michael Steel. On the Senate side, Republicans argued for changing a 2008 law signed by GOP President George W. Bush that requires deportation hearings before sending back children from non-bordering countries.
Source: http://www.cnn.com/2014/07/08/politics/immigration/index.html

Obama praises Abbas, but not Netanyahu in opinion piece published by Israeli newspaper | Fox News

White House officials said Tuesday that Mr. Perry had accepted the invitation, but officials in the governor’s office did not immediately respond to a request for comment. The delicate negotiations over a meeting between the two leaders underscore the high stakes for politicians as they deal with the huge numbers of unaccompanied children crossing into the United States in recent months. Mr. Obama is under intense pressure from Republicans to show that he is cracking down on the new wave of illegal immigration. The White House has said it intends to ask Congress for more money to more efficiently return the children to their countries.
Source: http://www.cnbc.com/id/101820525

Obama Seeks Nearly $4 Billion for Immigration Crisis

They don’t want to wait around to see if Congress would change it. And explicitly asking for legislation – new legislation – that would make it easier to deport more kids is not something that the administration’s allies in the immigration reform community want to hear. BLOCK: Right, well, how does this play into the larger political debate about immigration reform? LIASSON: Well, the president is in that very familiar place, whip side (***7:12***) by both sides. He’s being accused by Republicans of causing the crisis by not securing the border. He’s being accused by immigration reform advocates for pursuing a harsh deportation policy.
Source: http://www.npr.org/2014/07/08/329884047/obama-requests-nearly-4-billion-in-funds-to-speed-deportations?ft=1&f=1003

Obama seeks emergency immigration funds, more authority – CNN.com

Bush that requires deportation hearings before sending back children from non-bordering countries. They blame the process for a backlog created by the surge in unaccompanied minors from Central America entering the United States illegally from Mexico. “I don’t think we can solve the problem unless we revisit” the law, said conservative Republican Sen. John Cornyn of Texas. Democrats, however, want to keep the law intact to ensure that any children who deserve asylum get due process in the form of a full hearing.
Source: http://www.wcvb.com/politics/obama-seeks-37b-in-immigration-funds/26840462

Etf Spotlight: High-beta, Developed Market Stocks | Etf Trends

4.8%, France 4.3%, Norway 4.3%, Canada 3.0%, Finland 2.9% and Spain 2.7%. The funds market-cap breakdown includes mega-caps 19.7%, large-caps 44.2%, etf buy sell mid-caps 35.2% and small-caps 1.0%. The portfolio shows a price-to-earnings ratio of 15.2. The ETF is up 3.5% over the past month, up 9.6% over the last three months and up 8.1% year-to-date. IDHB is 8.9% above its 200-day exponential moving average.
Source: http://www.etftrends.com/2014/06/etf-spotlight-high-beta-developed-market-stocks/

Does Dividend-Paying IBM or Altria Deserve a Berth in Your Portfolio?

And beyond that, Altria has some other advantages over Philip Morris, such as considerable nontobacco operations. Its businesses include not just regular cigarettes, but smokeless tobacco offerings, cigars, wine, and a sizable stake in the SABMiller beer company. Altria has also been growing its business rather consistently despite the significant headwinds mentioned above — by cost-cutting, price-hiking , refinancing its hefty debt load, and innovating. Altria’s first quarter featured declining cigarette volume, but increases in smokeless tobacco sales and Marlboro market share. Adjusted diluted EPS rose 5.6%, thanks in part to rising profit margins. Altria stock yields 4.5%, and management has been regularly hiking that significantly for decades.
Source: http://www.fool.com/investing/etf/2014/06/30/does-dividend-paying-ibm-or-altria-deserve-a-berth.aspx

Never Judge an ETF By Its Name | ETF Database

Commodities Crude was down 0.46%; United States Oil Fund (USO) was down 0.56%. Natural gas was up 0.18% and United States Natural Gas Fund (UNG) was down 0.16%. Gold was down 0.36%, while silver was down 0.85%. Among stocks, American Apparel (APP) was down 13.79% after it said a special committee of its Board of Directors has adopted a one-year stockholder rights plan designed to strengthen the ability of the Board to protect shareholders. The plan was adopted in response to reports of rapid accumulations of the company’s outstanding common stock and an SEC filing by ousted CEO Dov Charney in which he expressed an intent to acquire control or influence over the company. The rights plan is designed to limit the ability of any person or group, including Dov Charney, to seize control of the company without appropriately compensating all American Apparel stockholders and to provide the Board of Directors and stockholders with time to make informed judgments.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-flat-to-weaker-ahead-of-pending-home-sales-chicago-pmi-data-cm366249

ETF Preview: ETFs, Futures Flat to Weaker Ahead of Pending Home Sales, Chicago PMI Data – NASDAQ.com

Unlike traditional cap-weighted funds, EZM selects only those mid-cap companies that have generated positive cumulative earnings over their most recent four fiscal quarters. EZMs unique focus on earnings has obviously paid off: the fund has gained roughly 194% over the trailing five-year period, and over 70% within the last three years [see 101 ETF Lessons Every Financial Advisor Should Learn ]. MidCap Dividend Fund ( DON ) Like EZM, DON also uses an alternative weighting methodology to target mid-cap stocks, but it does so with a focus on dividends. The funds underlying index is dividend-weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year. Over the trailing five-year period, DON has gained nearly 194%, and over the last three years, the fund is up over 67%. S&P Midcap 400 Pure Value ETF ( RFV ) Yet another Guggenheim pure style ETF, RFV seeks to offer investors exposure to mid-cap companies that have the strongest value characteristics. The funds portfolio consists of about 95 individual holdings, the majority of which are actually small-cap stocks. Currently, financial equities comprise 20% of RFVs total assets. Industrials, technology, consumer cyclical, and healthcare sectors are also given meaningful exposure.
Source: http://etfdb.com/2014/never-judge-an-etf-by-its-name/