Obama Draws Criticism For Continuing West Coast Fundraising Tour Amid International Crises « Cbs San Francisco

RELATED: Strange Bedfellows: Silicon Valley Techies Like Conservative Senator Rand Paul In the meantime, there are several pressing international matters on peoples minds from the escalated easy student loans fighting in Gaza to the surging number of Central American children crossing our border. Critics, like Former Chair of the California GOP Tom Del Beccaro, say attending a fundraising event simply looks out-of-touch. Crisis that hes facing now, like on the border, the VA and in the Ukraine people dont think hes in control or that America is in control, Beccaro said. KPIX 5 political expert Melissa Griffin Caen said it could be a strategic move. Hes maybe wisely taking a step back from that and waiting for some additional information, she said.
Source: http://sanfrancisco.cbslocal.com/2014/07/23/obama-draws-criticism-for-continuing-west-coast-fundraising-tour-gaza-mh17-immigrants-central-america/

Obama Seeks Stronger Ties With Widodo, Indonesia

Source: http://news.yahoo.com/obama-declares-washingtons-250-000-acre-wildfire-emergency-191707839.html

Obama Declares Washington’s 250,000-Acre Wildfire An Emergency – Yahoo News

Obama, speaking at a fundraiser Tuesday, offered federal help to deal with Washington’s wildfire, the largest in the state’s history. He said Federal Emergency Management Agency Director Craig Fugate had authorized an emergency declaration to ensure electrical power. Obama has asked Congress for $615 million in emergency spending to fight Western wildfires. He said spending on such fires has increased over the years. He says, “A lot of it has to do with drought, a lot of it has to do with changing precipitation patterns and a lot of that has to do with climate change.” Join the Discussion You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
Source: http://abcnews.go.com/Politics/wireStory/obama-attributes-wildfires-climate-change-24672399

Obama to talk economy amid fundraising spree – Yahoo News

But this is the usual sort of push-and-pull in trade and investment matters between many countries and, in that area as well, the relationship is currently a strong and good one, McCawley said. There is, of course, the question now whether a new president brings changes of policies. But there is no sign that the new president is likely to do anything other than to continue this relationship.” Obama has tried to cultivate a closer U.S. relationship with incumbent President Susilo Bambang Yudhoyono as part of his administrations rebalance to the Asia-Pacific region. ANU analyst Greg Fealy said Indonesia is an important part of the U.S. rebalance because of its strategic location: “It is the worlds largest archipelagic nation and it sits astride many of the major sea routes between the Indian Ocean and the Pacific Ocean and their important trade routes and, of course, military routes, Fealy said.
Source: http://www.voanews.com/content/obama-seeks-stronger-ties-with-widodo-indonesia/1964118.html

Obama Attributes Wildfires to Climate Change – ABC News

A link has been sent. Done Obama to talk economy amid fundraising spree 2 hours ago Content preferences Done LOS ANGELES (AP) President Barack Obama wraps up a three-day fundraising trip on the West Coast on Thursday, devoting part of his day to promoting his economic agenda at a technical college. Obama is also attending a Democratic National Committee event Thursday before returning to Washington. Obama attended six Democratic Party events this week in Washington state and California, meeting with donors and trying to drum up support for Democrats in the midterm elections. The president returns to Washington as Congress attempts to break a logjam over how to deal with an influx of unaccompanied minors from Central America at the southwest border.
Source: http://news.yahoo.com/obama-talk-economy-amid-fundraising-spree-070331379–politics.html


Small Investors Would Struggle To Dump Big Oil – Sep. 22, 2014

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.
Source: http://www.nasdaq.com/article/first-trust-senior-loan-fund-etf-ftsl-ex-dividend-date-scheduled-for-september-23-2014-cm393217

But for most of us, “dirty energy” will continue to hold a prominent place in our portfolios, regardless of where we stand on the issue. Here’s why: The unrelenting reign of Big Oil: It’s not called Big Oil for nothing. With a market value of over $400 billion, Exxon Mobil ( XOM )is the second largest company in the world. Chevron ( CVX ), ConocoPhillips ( COP ), and Occidental Petroleum ( OXY ) aren’t too far behind. And all them are listed in the S&P 500, the popular index of America’s largest companies. Related: Apple or Exxon: Which is a better buy?
Source: http://money.cnn.com/2014/09/22/investing/climate-change-big-oil-divesting/index.html?section=money_news_international

It Could be Time to Call on the Convertibles ETF Again – Yahoo Finance

A cash dividend payment of $1E-06 per share is scheduled to be paid on September 30, 2014. This represents an -100% decrease from the prior quarter. At the current stock price of $19.22, the dividend yield is %. The previous trading day’s last sale of AIRR was $19.22, representing a -4.8% decrease from the 52 week high of $20.19 and a 9.7% increase over the 52 week low of $17.52. For more information on the declaration, record and payment dates, visit the AIRR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Source: http://www.nasdaq.com/article/first-trust-rba-american-industrial-renaissance-etf-airr-ex-dividend-date-scheduled-for-september-23-2014-cm393234

Monday Sector Leaders: Materials, Utilities – Forbes

Though not a true high-yield ETF, 34% of CWBs holdings are rated below Baa while a combined 34.3% are rated A or Baa . Passively manged, CWB offers a solid alternative to the raft of actively managed convertibles mutual funds available on the market. The spectrum of actively managed convertibles funds leads to a lot of different returns, notes Mazza. We see clients leaving active funds for CWB.
Source: http://finance.yahoo.com/news/could-time-call-convertibles-etf-161001972.html

First Trust RBA American Industrial Renaissance ETF (AIRR) Ex-Dividend Date Scheduled for September 23, 2014 – NASDAQ.com

One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.5% in midday trading, and up 14.35% on a year-to-date basis. Entergy, meanwhile, is up 25.98% year-to-date, and FirstEnergy is up 8.52% year-to-date. Combined, ETR and FE make up approximately 5.4% of the underlying holdings of XLU. Click here to find out 10 ETFs With Stocks That Insiders Are Buying Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a official website different color as labeled in the legend at the bottom: Heres a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday.
Source: http://www.forbes.com/sites/joelkornblau/2014/09/22/monday-sector-leaders-materials-utilities/

Closing Bell, July 16 – Business Insider

Following the report, NAHB Chief Economist David Crowe said, “As employment increases and those with jobs feel more secure about their own economic situation, they are more likely to feel comfortable about buying a home.” 4) In June, industrial production growth slowed to 0.2% from 0.4% in May, with the reading also coming in below the 0.3% growth that was expected by economists. Following the report, Michael Gapen at Barclays said, “Overall, and despite the slowdown in manufacturing production in June, manufacturing production in Q2 rose by 6.7% relative to Q1. The sharp rebound in manufacturing in February in March left the sector well positioned heading into Q2. Following the report, our Q2 GDP tracking estimate remained at 3.0%, in line with our revised forecast for second-quarter growth.” 5) Federal Reserve Chair Janet Yellen was on Capitol Hill for the second straight day, this time speaking in front of, and taking questions from, the House Committee on Financial Services. 6) The Federal Reserve also released its latest Beige Book report , a collection of economic anecdotes from across the country. The report showed that the economy showed “modest growth” in most of the Fed’s regions.
Source: http://www.businessinsider.com/closing-bell-july-16-2014-7

STOCKS RALLY, DOW MAKES RECORD HIGH: Here’s What You Need To Know – Yahoo Finance

Tuesday after the market close, Apple (AAPL) and International Business Machines (IBM) announced an exclusive partnership to further promote and deliver iOS to the enterprise customer. The partnership plans to bring IBM’s Big Data and analytics to iOS, develop over 100 industry-specific enterprise apps and solutions built solely for iOS devices, and allows Apple to leverage IBM’s salesforce and enterprise customer relationships into additional iPhone and iPad device sales to corporations. For Apple, Morningstar analyst think the partnership can only strengthen Apple’s narrow economic moat. Apple shares were 1.1% higher at midday, and IBM shares were up 2.3%.
Source: http://finance.yahoo.com/news/stocks-higher-data-earnings-160000522.html

Stocks Higher After Data, Earnings – Yahoo Finance

The Nasdaq rose 29 points, or 0.7 percent, to 4,445. Bond prices fell. The yield on the 10-year Treasury note rose to 2.56 percent. The second-largest U.S.
Source: http://www.foxbusiness.com/markets/2014/07/16/us-stocks-move-higher-on-earnings-reports-time-warner-soars-on-murdoch-bid/

US stocks move higher on earnings reports; Time Warner soars on Murdoch bid | Fox Business

The ecommerce giant posted better-than-expected second quarter profits, but its expectations for the current quarter came in shy of estimates. Shares of eBay fell in extended trading.

Sorkin later reported on Twitter that Time Warner might be looking for an offer closer to $100 per share, making a deal to acquire the HBO owner worth more like $94 billion. And following reports of the proposed Fox-Time Warner deal, Nuveen’s Bob Doll told Business Insider that Time Warner moved from “in play conceptually” to “in play for real.” 2) It was a busy day on the economic data front, headlined by the Producer Price Index , which showed that prices grew 0.4% in June compared to the prior month, better than the 0.2% increase that was expected. Economists were expecting prices to rise 0.2%. Excluding the cost of food and energy, prices rose 0.2%, which was in line with estimates.Following the report, Ian Shepherdson at Pantheon Macro said, “In one line: Much better core than implied by NFIB survey; it can’t last…
Source: http://finance.yahoo.com/news/stocks-rally-dow-makes-record-200011702.html

Most active Nasdaq-traded stocks – Yahoo News

rose .5 percent to $31.14 with 19,846,600 shares traded. Micron Technology Inc. fell .1 percent to $33.73 with 13,674,400 shares traded. Microsoft Corp.
Source: http://news.yahoo.com/most-active-nasdaq-traded-stocks-174218975.html

Obama Seeks Nearly $4 Billion For Immigration Crisis

“I have followed up with several further communications inviting you to tour the border and view this crisis firsthand,” Mr. Perry wrote. “At any point while you are here, I am available to sit down privately so we can talk and you may directly gain my state’s perspective on the effects of an unsecured border and what is necessary to make it secure.” Watch: Obama’s frustration with immigration White House officials said the emergency funding would support what they called an “all of government” response to the immigration crisis. Most of the immigrants are from Central America, and the funding request includes new money for those nations to combat the violence that is driving parents there to send their children to the United States, they said. In a conference call with reporters, officials who spoke only on background declined to offer specifics about how many more children would be returned to their countries with the additional funding, or how much faster the children would be processed through the legal system. “The bottom line here is the number of kids removed is not large enough,” one White House official said, adding that “the process, frankly, is much too long.” Officials repeatedly described the situation at the southern border as an “urgent humanitarian situation” and said that unaccompanied children must be protected and treated well even as many of them are processed to be sent home.
Source: http://www.cnbc.com/id/101820525


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

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://www.startribune.com/politics/266302941.html

Obama Seeks $3.7 Billion To Deal With Border Kids : NPR

Obama requested the money in a letter to House Speaker John Boehner. The request did not include proposals for legislative changes that the White House wants. But Obama said he still will seek such changes, including providing the secretary of homeland security additional authority to speed up the removal of children who have arrived from countries such as Guatemala, Honduras and El Salvador. Obama said he also wants increased penalties for individuals who smuggle vulnerable migrants, such as children. The developments all come as Obama has declared comprehensive immigration legislation dead in Congress and announced plans to proceed on his own by executive action to make whatever fixes he can to the nation’s dysfunctional immigration system.
Source: http://www.npr.org/templates/story/story.php?storyId=329850456&ft=1&f=

Obama to meet Texas governor, a critic in U.S. border crisis – Yahoo News

More than 52,000 unaccompanied minors from Guatemala, El Salvador and Honduras have been caught trying to sneak over the U.S.-Mexico border since October, double the number from the same period the year before. Many are fleeing extreme poverty, gangs and drug violence, as well as responding to rumors spread by smugglers that children who reach the U.S. border will be allowed to stay. On Sunday the governor sharply criticized the Obama administration for not moving more quickly to address the problem. “They either are inept or don’t care,” he told ABC News. Perry has called for National Guard troops to be sent to the border to help stem a surge of Central American nationals entering the United States illegally.
Source: http://news.yahoo.com/obama-offers-meet-texas-governor-perry-over-border-131302915.html

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

Obama will have dinner in Denver on Tuesday with a woman the White House is identifying only as Alex. 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

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

But Perry didn’t want a tarmac handshake, he thought that was a political photo op trap. So they finally agreed that the two leaders – Gov. Perry and President Obama would meet in Dallas, where the president is going to be talking to a bunch of local officials and faith leaders about this crisis. BLOCK: OK, NPR’s national political correspondent, Mara Liasson. Mara, thanks.
Source: http://www.npr.org/2014/07/08/329884047/obama-requests-nearly-4-billion-in-funds-to-speed-deportations?ft=1&f=1003

Robotics Etf In Focus On Rising 3d Stocks – Yahoo Finance

Below, we highlight some of the key details of ROBO and how the recent run-up in 3D stocks led to this funds solid run. ROBO in Focus The fund tracks the Robo-Stox Global Robotics and Automation Index, which measures the performance of the companies that derive a portion of revenues and profits from robotics-related or automation-related products or services (read: 5 Long Term ETF Buys for Your Roth IRA Contribution ). The product has an interesting mix of bellwether and non-bellwether stocks. Bellwether companies are indicative of the performance of the segment, while non-bellwether firms have some aspect of their business in robotics, but dont rely entirely on the space for their revenues. ROBO puts 40% of its portfolio in the bellwethers and 60% into the non-bellwethers, though each individual bellwether stock make up about 2.2% of the index, compared to just over 1% for the non-bellwether firms. The ETF holds about 78 stocks with heavy exposure to American firms at 38%, closely followed by Japan (26%).
Source: http://finance.yahoo.com/news/robotics-etf-focus-rising-3d-131042848.html

FNX, JBLU, TRN, XEC: ETF Inflow Alert – NASDAQ.com

That comes after the ETF slumped 1.72% on Monday for its biggest percentage drop since April 25. Some market watchers on Twitter have emphasized that the Russell 2000 and its ETF so far haven’t been able to hold above their March peaks: But others have poked fun at the bears, pointing out that small caps have been rallying nicely since finding a bottom in mid-May: Even before Monday’s slide, Andrew Nyquist at SeeItMarket.com and Todd Salamone at Schaeffer’s Investment Research said traders will pay particular attention this week to small caps, which are known for being more economically sensitive.Nyquist wrote: “The small caps have always been a great indicator of investor risk tolerance in the markets. And although the RUT experienced a big sell off earlier this year, it has been battling back and may be on the verge of a breakout. BUT, as many technical investors understand, the first retest of priorhighs oftenfinds resistance. And this couldslow equities down for a few days.” Meanwhile, Salamone said the Russell 2000 “will attempt to take out its March peak, although bears are hoping for a failure to do so, putting a bearish ‘double top’ formation in play.” Back in May, many market experts were freaking out about small caps flirting with correction territory, while others noted the small fry usually suffer intrayear drops of 10% or more. [ Editor’s note: This post was Short Financials ETF updated Tuesday after first getting published late Monday.
Source: http://news.yahoo.com/small-cap-stocks-fall-again-151200952.html

NASDAQ OMX Lists AdvisorShares Sunrise Global Multi-Strategy ETF (Symbol: MULT) – Yahoo Finance

By doing so, MULT continually assesses over 50 global markets using a suite of diversified systems that concentrate on trend following, sector rotation, momentum, and reversionary patterns. “As a home to the world’s most innovative ventures, NASDAQ OMX generates opportunities for issuers to access new markets and deliver new concepts that change the way the industry develops, manages and applies Exchange Traded Products,” said Dave LaValle, Head of Exchange Traded Product Listings at NASDAQ OMX. ETF issuers benefit from an end-to-end solution that provides ongoing product support at every level including index licensing, listings opportunities, data offerings and trading services. As a home to the world’s most innovative ventures, NASDAQ OMX generates opportunities for issuers to access new markets and deliver new concepts that change the way the industry develops, manages and applies ETFs.
Source: http://finance.yahoo.com/news/nasdaq-omx-lists-advisorshares-sunrise-123000131.html

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

In sector news, Enphase Energy Inc. (ENPH) was down 3.3% after it announced Tuesday it will expand its existing collaboration with Sunnova to become the first solar service provider in the U.S. Virgin Islands. Sunnova has provided solar service in more states and U.S.
Source: http://www.nasdaq.com/article/mid-day-etf-update-etfs-stocks-lower-despite-strong-jolts-data-fed-speaker-consumer-sentiment-data-still-ahead-cm368449

Small-cap stocks fall again after biggest drop in more than 2 months – Yahoo News

(Symbol: UTX) is down about 0.6%, Union Pacific Corp (Symbol: UNP) is off about 0.3%, and Boeing Co. (Symbol: BA) is lower by about 1.9%. 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 $42.78 per share, with $55.82 as the 52 week high point – that compares with a last trade of $53.98. 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 .
Source: http://www.nasdaq.com/article/notable-etf-outflow-detected-xli-utx-unp-ba-cm368395

Mid-Day ETF Update: ETFs, Stocks Lower Despite Strong JOLTS Data; Fed Speaker, Consumer Sentiment Data Still Ahead – NASDAQ.com

(Symbol: TRN) is down about 1.5%, and Cimarex Energy Co (Symbol: XEC) is lower by about 0.5%. The chart below shows the one year price performance of FNX, versus its 200 day moving average: Looking at the chart above, FNX’s low point in its 52 week range is $42.67 per share, with $54.16 as the 52 week high point – that compares with a last trade of $52.90. 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”.
Source: http://www.nasdaq.com/article/fnx-jblu-trn-xec-etf-inflow-alert-cm368401

A Dividend Etf’s Quiet Ascent – Yahoo Finance

US STOCKS-Wall Street flat, but tech shares stronger – Yahoo Finance

With an almost 23% weight to the consumer staples sector, the ETFs largest sector allocation, PFM offers income investors the consistency they crave with exposure to stocks with some of the longest-running dividend increase streaks in the U.S., including Procter & Gamble ( PG ), Coca-Cola ( KO ) and PepsiCo ( PEP ). [ A Dividend ETF That Keeps Rising ] PFM also offers a decent 11.5% weight to the technology sector, one of the largest contributors to S&P 500 dividend growth in recent years. PFM also merits consideration as a dividend ETF to own if and when interest rates rise because the industrial, technology an consumer discretionary sectors combine for a third of the ETFs weight. Historically, those are the three best-performing sectors when rates rise.
Source: http://finance.yahoo.com/news/dividend-etf-quiet-ascent-143033475.html

Equities have risen for five straight weeks, and pronounced further upside may be limited given a dearth of domestic catalysts. Still, accommodative monetary policies from the Federal Reserve – including bond purchases and low interest rates – is expected to continue generating a positive environment for stocks, which haven’t undergone a prolonged pullback in months. “The trend is definitely still up as we continue to benefit from low rates, which has been driving money into the market for years,” says Bruce Bittles, chief investment strategist at Robert W. Baird & Co in Nashville. “After a five-week rally, a drop of two points isn’t anything to be concerned about.” Tech shares are the strongest of the day, with the S&P information technology sector up 0.4 percent, the top-performing sector on the day.
Source: http://finance.yahoo.com/news/us-stocks-wall-street-flat-141031176.html

Stocks Turning In Another here. Lackluster Performance – U.S. Commentary

“We upgrade equities to overweight over three months…we expect earnings growth, dividends, and high risk premia to support returns,” Goldman’s global investment team, which includes Peter Oppenheimer and Anders Nielsen, said in a research note released on Monday morning. Back on July 25, the investment bank downgraded equities to “neutral” for the three months ahead, citing the risk of a temporary hit to stocks following a selloff in bonds. They said the near-term risk/reward profile for stocks was less attractive, despite iterating a “strong conviction” that stocks were the best-positioned asset class over the next year. Read More Goldman Sachs downgrades equities to neutral Over the ten days following that note, the pan-European Euro Stoxx 600 Index fell 5 percent. But it is now 1 percent higher since that low.
Source: http://www.cnbc.com/id/101979171?__source=yahoonews&par=yahoonews

Goldman Sachs gets bullish again on stocks

The choppy trading on Wall Street comes as traders express some uncertainty about the near-term outlook for the markets following last week’s disappointing jobs report. While many analysts expect the weak job growth reported last Friday to be a temporarily blip in light of other largely upbeat economic data, traders still seem reluctant to continue buying stocks. The Dow and the S&P 500 both remain near record highs, while the Nasdaq is close to its best levels in over fourteen years. The lackluster performance also comes amid a quiet day on the U.S. economic front, with traders looking ahead to the release of a closely watched report on retail sales later in the week.
Source: http://www.rttnews.com/story.aspx?Id=2380346