Obama Urges Renewal Of Us Export-import Bank, Says Growing Us Exports Will Create Jobs | Star Tribune

In his weekly radio and Internet address, Obama urges business owners to lobby Congress to renew the U.S. Export-Import Bank. The bank provides loans, loan guarantees and credit insurance to foreign buyers of U.S. products. But it will cease functioning unless Congress renews its charter before October.
Source: http://www.startribune.com/business/272404031.html

Obama to visit N.C. for American Legion convention | HamptonRoads.com | PilotOnline.com

for American Legion convention On Twitter CHARLOTTE, N.C. President Barack Obama is going to North Carolina to address the American Legion convention. A statement released from the White House Press Office on Friday said Obama will address the convention Tuesday. The statement said more details will be made available in the next few days. The American Legion is holding its 96th annual national convention at the Charlotte Convention Center. In addition to the president, North Carolina Sens.
Source: http://hamptonroads.com/node/726467

Obama urges renewal of US Export-Import Bank – Quincy Herald-Whig | Illinois & Missouri News, Sports

(AP) – President Barack Obama is trying to rally support for a taxpayer-subsidized bank that he says creates jobs. In his weekly radio and Internet address, Obama urges business owners to lobby Congress to renew the U.S. Export-Import Bank. The bank provides loans, loan guarantees and credit insurance to foreign buyers of U.S. products.
Source: http://www.whig.com/story/26352391/obama-urges-renewal-of-us-export-import-bank

The Obama Administration Is Finally Taking the Supreme Court’s Advice on Hobby Lobby – Yahoo News

On Friday, the White House announced that women employed by closely-held for profit companies that opt-out of certain kinds of birth control will be able to obtain coverage directly from their insurance company.This workaround is the same alternative in place for religious non-profit organizationsand, as several people noted earlier this summer , the Supreme Court suggested in their ruling that the administration could simply offer the sameaccommodation to for-profits. Todays announcement reinforces our commitment to providing women with access to coverage for contraception, while respecting religious considerations raised by non-profit organizations and closely held for-profit companies,” Health and Human Services Secretary Sylvia Burwell told reporters .The plan would also allow religious non-profits like hospitals and Catholic schools to opt out of birth control by contacting the department of health, not their insurance company. Sarah Kliff at Vox notes thatthis is just a proposed rule, meaning the White House is still seeking comment on it. One group that may have something to say on the matter is the network ofthird-party administrators who the government hasn’t yet figured out how to pay. RELATED: White House Calls Foley Killing ‘A Terrorist Attack Against Our Country’ As Alex Wayne at Bloomberg explained, a third-party administrator of a plan is supposed to team up with an insurer that covers the objectionable birth control. The government pays the insurer and blog url the insurer pays the administrators. The problem is that insurers haven’t been eager to team up with administrators, and the government hasn’t figured out how to pay them directly. The need for a Hobby Lobby workaround came in June, when the Supreme Court ruledthat closely-held corporations like Hobby Lobby have the right tohold and exercise religiousbeliefs, and that the contraceptive mandate in the Affordable Care Act violates that right.(Like many religious organizations, Hobby Lobby’s owner believe that certain forms of birth control act as abortion-causing drugs,though the science behind that claim is questionable, at best .) But part of the reason the government lost the case was because of the accommodation that was already in place for non-profits.
Source: http://news.yahoo.com/obama-administration-finally-taking-supreme-courts-advice-hobby-191915255.html


Obama’s Vacations In Line With Us Average – Yahoo News

CHILMARK, Mass. (AP) President Barack Obama is criticized whenever he goes on vacation but travel industry data show he’s taken about as much vacation this year as most Americans do. Still, his decision to continue with a two-week holiday in Martha’s Vineyard, Massachusetts, and play hours of golf amid major foreign policy crises, has teed up his critics anew. It’s also forcing the White House to confront the issue of whether there’s ever a good time for a president to go on vacation. Aides deflect the criticism and say Obama travels with the staff and equipment needed to do the job from wherever he may be. The vacation is Obama’s fourth this year.
Source: http://news.yahoo.com/obamas-vacations-line-us-average-153745387.html

Obama to visit N.C. for American Legion convention | HamptonRoads.com | PilotOnline.com

The measures come less than two months after the U.S. Supreme Court ruled that American business owners with religious objections may deny contraceptive coverage as part of universal employee health insurance now required by law. On Friday, the Department of Health and Human Services announced an administrative action that maintains the exception for certain religious non-profits, but allows them to notify the government directly, instead of insurance companies, on their objection to covering contraceptive services. The government would then take over providing coverage to those employees who seek contraception. The administration also is seeking comment on extending “to certain closely held for-profit companies the same accommodation that is available to non-profit religious organizations.” In a statement, Health and Human Services Secretary Sylvia Burwell said women across the country deserve access to recommended preventive services that are important to their health, no matter where they work.” She said, “todays announcement reinforces our commitment to providing women with access to coverage for contraception, while respecting religious considerations raised by non-profit organizations and closely held for-profit companies.
Source: http://www.voanews.com/content/obama-administration-unveils-contraception-compromise/2425458.html

Obama Administration Unveils Contraception Compromise

More long term, the US will move to defeat IS also known as ISIS or ISIL, the administrations preferred acronym for the group but only in conjunction with the local forces whom the US will expect to take http://www.obamastudentloanforgiveness.net/ the lead on the ground: the Iraqi military and Kurdish peshmerga in Iraq, and the moderate rebel forces in Syria that the US is beginning to arm. That scenario emerged from comments that Obamas deputy national security adviser, Ben Rhodes, made Friday afternoon to reporters at the presidents vacation on Marthas Vineyard. Absolutely in the long term we want to see an organization like ISIL defeated, Mr. Rhodes said, after defining Obamas strategy for confronting IS in Iraq with three terms: evict, squeeze, and push out. The more near-term objective is to evict IS fighters from the territory they have grabbed in recent weeks as they have advanced toward Iraqi Kurdistan, he said, then to squeeze them back into a contained area.
Source: http://news.yahoo.com/obama-officials-talk-defeating-islamic-state-steps-us-002448213.html

Obama officials talk of ‘defeating’ Islamic State, but what steps will US take? – Yahoo News

The great task for a leader of the United States, Obama appears to believe, is to get out of history’s way. That’s why it’s a good idea to reduce our army to its smallest size since 1940, and to reduce the Marines by 8 percent. According to the American Thinker, the Army chief of staff recently testified that due to cutbacks in training funds, 75 percent of our forces are not combat ready. Apparently that’s OK, because according to the words of Martin Luther King Jr., which Obama had embroidered into the Oval Office rug, “The arc of the moral universe is long, but it bends toward justice.” James Foley’s family might not agree. Nor would the Yazidis, or the hundreds of thousands of Syrians murdered by gas and artillery and barrel bombs, or the 100,000 Bosnians and others killed in the heart of Europe in the late 20th century, or the 1 million Rwandans killed in 1994, or the roughly 2 million Cambodians massacred between 1975 and 1979.
Source: http://news.yahoo.com/obama-history-070000866.html

Obama and ‘History’ – Yahoo News

A statement released from the White House Press Office on Friday said Obama will address the convention Tuesday. The statement said more details will be made available in the next few days. The American Legion is holding its 96th annual national convention at the Charlotte Convention Center. In addition to the president, North Carolina Sens. Kay Hagan and Richard Burr will also address the group Tuesday.
Source: http://hamptonroads.com/node/726467

Stocks Rise As Home Construction Rebounds – La Times


Caption Home Depot tops forecasts, raises outlook Bloomberg’s Adam Johnson reports on today’s top news headlines on “Bloomberg Surveillance.” Bloomberg’s Adam Johnson reports on today’s top news headlines on “Bloomberg Surveillance.” Caption Steve Ballmer: I Want LA Clippers to Be the Best Aug. 19 (Bloomberg) — Former Microsoft Steve Ballmer discusses his purchase of the NBA Los Angeles Clippers professional basketball team on In The Loop. (Source: Bloomberg) Aug. 19 (Bloomberg) — Former Microsoft Steve Ballmer discusses his purchase of the NBA Los Angeles Clippers professional basketball team on In The Loop. (Source: Bloomberg) Caption The Top Ten Stocks for Monday, Aug. 18 Aug. 18 (Bloomberg) — Bloomberg’s Matt Miller, Olivia Sterns and Scarlet Fu report on today’s ten most important stocks on “In The Loop.” (Source: Bloomberg) Aug.
Source: http://www.latimes.com/business/la-fi-wall-street-20140819-story.html?track=rss

Stocks End Higher After Data, Earnings – Yahoo Finance

Stocks are higher after better than expected housing data and inflation data that showed the slowest price increases since February. The Dow is up 41 points, the S&P 500 is up 4 points, and the Nasdaq is up 7 points. The rise in U.S. stocks comes after equity markets around the world rallied overnight, with Societe Generale’s Kit Juckes saying that risk is back on again. The pace of housing starts jumped 15.7% in July to an annualized rate of 1.093 million, beating expectations for a pace of 965,000. Permits also jumped 8.1% to a pace of 1.052 million, in-line with expectations.
Source: http://www.businessinsider.com/market-update-august-19-2014-2014-8

Hong Kong Stocks Seesaw After Hitting Six-year High | Fox Business

also lost further ground, falling 1.1%, while China Telecom Corp. slipped 0.2%. Oil stocks were mixed after international crude-oil prices continued to drop. Cnooc Ltd.
Source: http://www.foxbusiness.com/markets/2014/08/19/hong-kong-stocks-seesaw-after-hitting-six-year-high/

Tech Stocks from Briefing.com – Yahoo Finance

Gross margin was 28.6%, down 0.2 percentage points year over year but was primarily due to the impact of mark-to-market adjustments in hedging instruments and the impact of e-commerce. Merchandise margins were flat. Dicks Sporting Goods (DKS) reported a 3.2% rise in same-store sales in its quarterly results today, compared with guidance of 1%-3%. Net sales were up 10.3% to $1.7 billion on new store openings, and earnings came in at the high end of guidance ranges.
Source: http://finance.yahoo.com/news/stocks-end-higher-data-earnings-201500257.html

Market Update, August 19, 2014 – Business Insider

Please enter your Phone Number. Send Thanks! A link has been sent. Done July 4, 2014 11:55 AM 0 shares Content preferences Done Synnex (SNX) reported second quarter earnings of $1.52 per share, which is better than expected and $1.34-1.38 guidance; revenues rose 33.3% year/year to $3.45 billion which is better than expected.
Source: http://finance.yahoo.com/news/tech-stocks-briefing-com-155520118.html

South African Stocks Drop, Spurred By Mining Giant Bhp Billiton – Yahoo News

Stocks End Higher as Ukraine Tensions Ease – Yahoo Finance

Retailers were also on the back foot, undermined by grocer Shoprite which warned of a continuing squeeze on the country’s consumers after posting its slowest profit growth in 15 years, sending its shares to a five-month low. The Top-40 index fell 0.5 percent to 46,195.61 while the All-share ended 0.4 percent lower at 51,363.37. BHP Billiton investors who had been expecting a $5 billion share buy back from the mining giant were left disappointed, sending Johannesburg shares of the company 5.5 percent lower to 347.56 rand. “None of that materialised, so there has been a bit of a sell-off,” Greg Davies, an equities trader at Cratos Capital said of the buyback. Shoprite’s shares shed 5.6 percent to 145.50 rand, heralding more bad news on the consumer front after South Africa’s biggest unsecured lender African Bank almost collapsed last week, blaming customers’ inability to meet debt repayments.
Source: http://news.yahoo.com/south-african-stocks-drop-spurred-mining-giant-bhp-153830100.html

Home Depot, the nation’s largest home improvement retailer, rose after raising its annual profit forecast following a strong spring selling season. TJX, the parent company of T.J. Maxx, Marshalls and other stores, climbed on strong earnings. “The economic reports …
Source: http://www.herald-dispatch.com/business/x671251606/Stocks-rise-as-US-home-construction-rebounds

Stocks rise as US home construction rebounds | The Herald-Dispatch

Home builder confidence rose in August according to a survey released by the National Association of Home Builders today. The reading of 55 was above analyst expectations of 53 and shows that most homebuilders see conditions in the single-family new home market as good today. At market close the Dow, S&P 500 and Nasdaq were up 1.1%, 0.9% and 1.0% respectively. Stocks official website on the Move The battle for Family Dollar (FDO) heated up this morning after Dollar General (DG) made a $9 billion cash offer for the company. The move comes after Dollar Tree (DLTR) made an $8.5 billion cash and stock offer for Family Dollar last month.
Source: http://finance.yahoo.com/news/stocks-end-higher-ukraine-tensions-201500459.html

Stocks Higher After Data, Earnings – Yahoo Finance

Management also raised its outlook for full-year 2014 earnings. TJX (TJX) reported strong quarterly results today. Net sales increased a healthy 7%, showing that both comparable sales and new store openings are on track. Gross margin was 28.6%, down 0.2 percentage points year over year but was primarily due to the impact of mark-to-market adjustments in hedging instruments and the impact of e-commerce. Merchandise margins were flat.
Source: http://finance.yahoo.com/news/stocks-higher-data-earnings-160000241.html

Etf Preview: Etfs Track Futures Higher As Upbeat July Ppi Offset Weak Empire State Manufacturing Data – Nasdaq.com

U.S. stock futures were also logging gains ahead of the open following the report that U.S. producer prices in July increased 0.1%, led by services such as transportation and warehousing. The July result signaled low inflation pressure, matching forecasts for a slower price growth following the increase of 0.4% in June. Excluding food, energy and trade, the core producer prices rose 0.2% last month. Meanwhile, the Empire State manufacturing index had a reading of 14.7 in August, after hitting a four-year high in the previous month.
Source: http://www.nasdaq.com/article/etf-preview-etfs-track-futures-higher-as-upbeat-july-ppi-offset-weak-empire-state-manufacturing-data-cm380439

The chart below shows the one year price performance of IDV, versus its 200 day moving average: Looking at the chart above, IDV’s low point in its 52 week range is $34.00 per share, with $41.11 as the 52 week high point – that compares with a last trade of $38.54. 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).
Source: http://www.nasdaq.com/article/notable-etf-inflow-detected-idv-cm380521

Notable ETF Inflow Detected – IDV – NASDAQ.com

Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider. Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing.This and other information are contained in the respective fund’s prospectus, which may be obtained by contacting your PIMCO representative.Please read the prospectus carefully before you invest. ETFs are afforded certain exemptions from the Investment Company Act.
Source: http://finance.yahoo.com/news/pimco-plans-launch-three-etfs-212027900.html

Wicked Strong Won Not Wreaking This South Korea ETF – Yahoo Finance

Barclays strategists viewed the BOK rate cut as a one and done adjustment to restore confidence, designed to spur growth, with the main impulse coming in early 2015, MNI reports. Consequently, Barclays expects the won to continue strengthening. [ The Steadiness of South Korea ETFs ] Korea hedged equity ETFs, WisdomTree Korea Hedged Equity Fund ( DXKW ) and db X-trackers MSCI South Korea Hedged Equity Fund ( DBKO ) , which both try to limit the effects of currency fluctuations, would underperform non-hedged ETFs if the won continued to strengthen against the U.S. dollar. DXKW was up 0.7% Thursday and DBKO was down 0.8%. FKO and EWY do not hedge their currency risk, so an appreciating won would make the Korean won-denominated assets worth more in U.S.
Source: http://finance.yahoo.com/news/wicked-strong-won-not-wreaking-140037829.html

No Reason for Penney to Exist; Party On, Biotech: Jim Cramer’s Best Blogs – Yahoo Finance

A surge in redemption activity has driven most of the drop in high-yield ETF assets since early July, go with average net asset values (NAVs) falling modestly. Between July 11 and August 8, total assets for the 10 high-yield ETFs we studied fell from $36.5 billion to $32.7 billion. In contrast to the heavy bond ETF trading period last year, when both high-yield and investment grade funds reported sharp rises in volumes, the recent spike in activity has been seen only among high-yield ETFs. During the week ended August 1, high-yield ETF trading volume exceeded investment grade by $4.1 billion.
Source: http://finance.yahoo.com/news/fitch-high-yield-etf-outflows-133700739.html

Fitch: High-Yield ETF Outflows Surge as Risk Appetite Shifts – Yahoo Finance

In that setup, where is J.C. Penney? Let’s see. First, it caters to the older demo that is now past its peak earnings years and wants to save.
Source: http://finance.yahoo.com/news/no-reason-penney-exist-party-170900002.html

Obama Authorizes Limited Airstrikes In Iraq: ‘we Cannot Turn A Blind Eye’ | Washingtonexaminer.com

Please enter your email address below to begin receiving the Politics Today newsletter. You must enter a valid email address in the field above! Thank you for signing up for the Politics Today newsletter! You should receive your first newsletter very soon. We’re sorry, there was an error processing your newsletter signup.
Source: http://www.obamastudentloanforgiveness.net http://washingtonexaminer.com/obama-authorizes-limited-airstrikes-in-iraq-we-cannot-turn-a-blind-eye/article/2551822

Obama threatens airstrikes on militants in Iraq – Yahoo News

Republican Sens. John McCain of Arizona and Lindsey Graham of South Carolina praised Obama’s proposed actions Thursday night but said much more will be necessary. “This should include the provision of military and other assistance to our Kurdish, Iraqi and Syrian partners” who are fighting the militants, airstrikes against the militants’ leaders and forces and support for Sunni Iraqis who seek to resist the extremists, they said in a statement. In light of the militants’ advances, Obama dispatched about 800 U.S. forces to Iraq earlier this year, with those troops largely split between joint operation centers in Baghdad and Irbil.
Source: http://news.yahoo.com/obama-threatens-airstrikes-militants-iraq-073715970–politics.html

Obama considering Iraq air strikes – Yahoo News

View gallery Iraqi Christians who fled the violence in the village of Qaraqush rest upon their arrival at the Sai The group, along with allied Sunni factions, is at war with Iraqi Prime Minister Nuri al-Maliki’s mainly Shiite government forces and with the peshmerga forces of the Kurdish autonomous region of the country. In late June it proclaimed a “caliphate” straddling rebel-held areas of Syria and Iraq and seized the major city of Mosul. In recent days it has seized towns formerly populated by Christians and Yazidis. Iraqi religious leaders say Islamic State militants have forced 100,000 Christians to flee and have occupied churches, removing crosses and destroying manuscripts. Meanwhile, several thousand Yazidis, members of an ancient pre-Muslim religious minority, are stranded on high ground after being driven out of their home town of Sinjar by IS fighters.
Source: http://news.yahoo.com/obama-considering-iraq-air-strikes-173234202.html

Obama authorizes airstrikes, airdrops of aid in Iraq – The Denver Post

“This bill covers a lot of ground – from expanding survivor benefits and educational opportunities, to improving care for veterans struggling with traumatic brain injury and for victims of sexual assault,” Obama said at Fort Belvoir, Virginia, speaking to an audience of service members, veterans, and their families. The VA was thrust into the spotlight this spring after allegations surfaced that it had covered up the months-long wait times some veterans had to endure before receiving medical care. Former head of Veterans Affairs Eric Shinseki resigned in late May as the scandal mounted, and last week the Senate unanimously confirmed former Procter & Gamble Co Chief Executive Officer Robert McDonald. “As a new generation of veterans returns home from war and transitions into civilian life, we have to make sure the VA system can keep pace with that new demand,” Obama said. View gallery President Barack Obama speaks about H.R.
Source: http://news.yahoo.com/obama-signs-bill-fix-delays-veterans-healthcare-193348285.html

Obama signs bill to fix delays in veterans healthcare – Yahoo News

He said there were no casualties because the pullback took place “without a fight.” “Our capability is limited,” said a Kurdish official who spoke on the condition of anonymity because of the sensitivity of the subject. “We do not have the ammunition; we do not have weaponry.” In a statement, the Islamic State listed what it said were 17 military advances against the Kurds over the past five days. It said it had launched the offensive to avenge alleged shelling by the Kurds on Mosul, which the Islamic State seized in June. The Washington Post contributed to this report. Who are the Yazidis? The Yazidis, globally, number about 700,000 people, but the vast majority of the community about half a million to 600,000 live concentrated in Iraq’s north.
Source: http://www.denverpost.com/politics/ci_26297461/obama-authorizes-airstrikes-airdrops-aid-iraq?source=rss

Stocks Try To Rebound After Payrolls – Yahoo Finance

The U.S. economy added just 209,000 jobs last month, fewer than the anticipated reading of 220,000. That eased worries about interest-rate increases and caused bond yields to fall. The next big report is the Institute for Supply Management’s manufacturing index at 10 a.m. ET.
Source: http://finance.yahoo.com/news/stocks-try-rebound-payrolls-134239128.html

Why now is not the time to quit stocks

HSBC climbed 1.9 percent to 641.5 pence and Lloyds added 1.8 percent to 74.7 pence. A gauge of U.K.-listed banks advanced 1.7 percent as concern over financial stress at European banks eased following Portugal s announcement of a bailout for Banco Espirito Santo SA. Balfour Beatty added 2.8 percent to 246.5 pence. U.K. engineering firm WS Atkins Plc is competing with Canadas WSP Global Inc.
Source: http://www.bloomberg.com/news/2014-08-04/u-k-stocks-climb-from-three-week-low-as-banks-advance.html

Asian stocks boosted by US jobs data – Yahoo News

The Dow Jones industrial average fell more than 300 points on Thursday, erasing its gains for the year. The S&P 500 fell 2.7% last week, the biggest weekly decline since Jan. 2012. Now, investors are trying to determine if the sell-off was overdone, or just the beginning of a larger downturn. It’s been more than two years since the S&P 500 had a correction, typically defined as a drop of 10% or more from the most recent high.
Source: http://money.cnn.com/2014/08/02/investing/stock-market-lookahead/index.html?section=money_news_companies

Stocks tumbled last week, raising concerns about a correction – Aug. 2, 2014

Yellen’s focus on the slow recovery learn more in the U.S. employment rate suggests she too would prefer to keep monetary policy loose even if this risks asset bubbles, rather than tighten too soon and risk jeopardizing job creation. Real interest rates are likely to remain negative in the U.S. for around two years.
Source: http://www.cnbc.com/id/101890896

U.K. Stocks Climb From Three-Week Low as Banks Advance – Bloomberg

At the same time, most economists don’t think the pace of job growth is enough to cause the Federal Reserve to speed up its timetable for raising interest rates. Most still think the Fed will start raising rates to ward off inflation around mid-2015. ARGENTINA’S DEFAULT#uuid=headline: The International Swaps and Derivatives Association ruled on Friday that Argentina had defaulted on its bonds for the second time in 13 years. The ruling came in the midst of a high-profile court dispute with a handful of creditors that has complicated Argentina’s repayment plan. The default triggers payments to holders of credit insurance.
Source: http://news.yahoo.com/asian-stocks-boosted-us-jobs-030752882.html