Asia Stocks Supported As China’s Factories Revive – Yahoo Finance

Stocks mostly up on earnings; record close for S&P

Trader on the floor of the New York Stock Exchange.

The Australian dollar climbed as much as a quarter of a U.S. cent higher as the improving Chinese outlook promised to support demand for the country’s resource exports. Activity elsewhere was limited, with the euro stuck at eight-month lows around $1.3460, leaving the dollar index hovering at a six-week peak. Against the yen, the U.S. dollar idled at 101.43, recovering only slowly from the recent low of 101.09.
Source: http://finance.yahoo.com/news/asia-shares-edge-higher-wary-003349971.html

U.S. stocks fluctuate near records early today – Business – The Buffalo News

Read More As S&P nears 2,000, traders say keep an eye on this The Nasdaq advanced 17.68 points, or 0.4 percent, to 4,473.70. For every three stocks declining, more than four climbed on the New York Stock Exchange, where nearly 581 million shares traded. Composite volume cleared 2.8 billion. Symbol NASDAQ —

Kevin O'Leary: Facebook to beat, stock goes North

Investor Kevin O'Leary; Roger McNamee, Elevation Partners co-founder; and the "Squawk Alley" crew, discuss expectations for Facebook's earnings. McNamee says Facebook is beginning to monetize video advertising and its the next big thing to watch.

The dollar rose against the currencies of major U.S.
Source: http://www.cnbc.com/id/101859750?__source=yahoonews&par=yahoonews

STOCKS RALLY, HERBALIFE SURGES, S&P TOUCHES ALL-TIME HIGH: Here’s What You Need To Know – Yahoo Finance

Sports apparel manufacturer and retailer Under Armour jumped 10.5 percent to $67 after quarterly revenue rose by more than a third. On the flip side D.R. Horton, the No.1 U.S. homebuilder, fell 8 percent to $22.77 after it reported a 23 percent slump in third-quarter profit.
Source: http://finance.yahoo.com/news/us-stocks-results-jobs-data-145448259.html

US STOCKS-Results, jobs data buoy Wall St, S&P eyes 2,000 – Yahoo Finance

Qualcomm dropped 6.5 percent. The chipmaker projected that net income in the current quarter that will fall short of the average analyst estimate. The company cited challenges to its technology-licensing business in China. TripAdvisor Inc. slumped 10 percent.
Source: http://www.buffalonews.com/business/us-stocks-fluctuate-near-records-early-today-20140724

Following the report, Michael Gapen at Barclays said, “Overall, we see this report as softer than expected, but we see the structural drivers of a gradual reflating in the U.S. economy as remaining in place.” 2) Existing home sales in June climbed 2.6% to an annualized rate of 5.04 million, better than the 1.9% rise and 4.99 million rate that was expected. Of the report, Lawrence Yun of the National Association of Retailers said, “Inventories are at their highest level in over a year and price gains have slowed to much more welcoming levels in many parts of the country. This bodes well for rising home sales in the upcoming months as consumers are provided with more choices.” 3) The Richmond Federal Reserve’s latest manufacturing survey came in at 7, better than the 3 reading that was expected by economists and up from economists’ expectations for a reading of 5. In a release, the Richmond Fed said, “Survey participants expected faster growth http://www.todayhotstocks.com in the number of employees along with solid growth in wages and a pickup in the average workweek.” The report also said that manufacturers were optimistic about future business conditions. 4) Activist hedge fund investor Bill Ackman made what he called yesterday, “the most important presentation of his career,” today, holding yet another lengthy presentation regarding Herbalife, the multi-level marketing firm Ackman has said is a “pyramid scheme,” and will go out of business.
Source: http://finance.yahoo.com/news/stocks-rally-herbalife-surges-p-200012832.html

Dot Rules Will Have Puncture-prone Oil Trains Phased Out – Upi.com

Older cars will be replaced in the next two years. The proposals will be open to public comment for the next 60 days . The DoT is seeking public opinion on whether these trains should have cars fitted with electronically controlled brakes and rollover protection. After getting public opinion, new rules are expected to be issued by early next year. The department has been working on new rules for years but a recent spate of accidents has accelerated this process.
Source: http://www.upi.com/Top_News/US/2014/07/23/Obama-administration-issues-new-oil-train-safety-rules/4291406135407/

Obama cuts radio ad for Neil Abercrombie – Kyle Cheney – POLITICO.com

The quickening pace read more of inversions prompted the White House to intensify its calls for action, the administration officials said. Last week, Treasury Secretary Jacob J. Lew called for a new sense of economic patriotism, asking Congress to pass tax changes. The Treasury has said that blocking inversions would prevent $17 billion from escaping the U.S. tax system over the next decade.
Source: http://www.bloomberg.com/news/2014-07-24/obama-to-make-campaign-pitch-on-corporate-tax-avoidance.html

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

Abercrombie is locked in a tight primary with state Sen. David Ige. The vote is scheduled for August 9. An Abercrombie spokesman, Shane Peters, said the governors team approached the president with three options for ad scripts, all far more formal. But the president insisted on the personal approach, Peters said. Its far beyond anything we would ever presume to ask the president to say, Peters said, adding that the use of the term ohana came from Obamas camp, too.
Source: http://www.politico.com/story/2014/07/obama-cuts-radio-ad-for-hawaiis-abercrombie-109296.html

Obama Aiming to Make Corporate Tax Avoidance Issue for Campaign – Bloomberg

Done Obama Take Heed: Aussies Repeal Economy Killer Carbon Tax By Liz Peek 7 hours ago 0 shares What does Australia have that we dont have? How about a leader committed to growth and jobs? Thats the message behind Prime Minister Tony Abbotts conservative governments repeal of a heavy carbon tax a levy that was unpopular from the start because it inflated consumer electricity prices and weakened Australias competitiveness. Those very outcomes were by anticipated by U.S. legislators from both sides of the aisle when they refused to endorse President Obamas early push for a cap-and-trade program..
Source: http://news.yahoo.com/obama-heed-aussies-repeal-economy-094500763.html

Aaa Michigan: Gas Prices Fall About 3 Cents In Past Week; Statewide Average Is $3.63 A Gallon | Fox Business

AAA Michigan says gasoline prices have fallen about three cents during the past week to a statewide average of about $3.63 per gallon. The auto club says Sunday the average is down about 21 cents from this time last year. Of the cities it surveys, AAA Michigan says the cheapest price for self-serve unleaded fuel is in the Benton Harbor area, where it’s about $3.57 a gallon. The highest average is in the Marquette area at about $3.72 a gallon.
Source: http://www.foxbusiness.com/markets/2014/07/21/aaa-michigan-gas-prices-fall-about-3-cents-in-past-week-statewide-average-is/

Allergan Beats Profit, Sales Estimates, To Cut 1,500 Jobs | Fox Business

The company expects that the hotel will benefit from its strong location and the relative scarcity of Hyatt-branded hotels in midtown Atlanta. NetSuite ( N ) has bought Venda, a London-based e-commerce provider, for undisclosed terms. NetSuite, which is a cloud-based financial software company, said the deal will support its expansion into the European market. Travelzoo ( TZOO ) reported mixed second-quarter earnings. The Internet travel company made an adjusted profit of 30 cents a share, a penny above Wall Streets estimate.
Source: http://www.foxbusiness.com/markets/2014/07/21/mid-market-report-rlj-buys-hyatt-hotel-in-atlanta/

SouFun gets vote of confidence – visit Yahoo Finance

Allergan reiterated its rejection of the unsolicited $53 billion cash-and-stock bid from Valeant Pharmaceuticals International Inc. , which earlier said it has alerted U.S. and Canadian regulators to misleading statements made by Allergan regarding its Bausch + Lomb unit. Copyright 2014 MarketWatch, Inc.
Source: http://www.foxbusiness.com/markets/2014/07/21/allergan-beats-profit-sales-estimates-to-cut-1500-jobs/

Mid-Market Report: RLJ Buys Hyatt Hotel in Atlanta | Fox Business

A study conducted by Greenwich Associates and sponsored by BlackRock ( BLK ) study shows 46% of institutional ETF investors surveyed allocate 10% or more of total assets to ETFs with 47% saying they expect to boost ETF usage over the next year . About 30% of institutional ETF investors report ETF allocations in the 10% to 25% range. RIAs, who are the largest users of ETFs by assets, have the largest ETF allocations with 41% of RIAs investing more than 25% of total assets in ETFs, according to the study. [Institutions Boost Use of ETFs] Fidelity introduced 10 of its own sector ETFs last October, all of which charge 0.12% per year, making them the least expensive sector ETFs on the market. That lineup has since swelled to over $1 billion in combined assets under management. [Fidelity ETFs Race to $1B in Assets] ETF Trends editorial team contributed to this post.
Source: http://finance.yahoo.com/news/affluent-investors-love-etfs-153151631.html

Affluent Investors Love ETFs – Yahoo Finance

This marks the 6th quarter that FTSL has paid the same dividend. At the current stock price of $49.63, the dividend yield is %. The previous trading day’s last sale of FTSL was $49.63, representing a -0.74% decrease from the 52 week high of $50 and a 1.24% increase over the 52 week low of $49.02. 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-july-22-2014-cm371647

First Trust Senior Loan Fund ETF (FTSL) Ex-Dividend Date Scheduled for July 22, 2014 – NASDAQ.com

The put sellers are looking for SFUN to stay above $10 for the next month. The traders will be on the hook to buy shares if they fall below that level, but that might be part of the strategy. Investors sometimes sell puts in hopes of picking up stock on a pullback. If that occurred in this case, the effective purchase price would be $9.40 when the $0.60 credit from the put sale is included. (See our Education section) SFUN is up 4 percent to $10.47 this morning, in the middle of its range this month.
Source: http://finance.yahoo.com/news/soufun-gets-vote-confidence-154355519.html

Stocks Fall For A Second Day; Nasdaq Slumps – Quincy Herald-whig | Illinois & Missouri News, Sports

Stocks May See Further Downside In Early Trading – U.S. Commentary – NASDAQ.com

Utilities were the only sector to rise as investors sought out low-risk stocks that pay high dividends. AbbVie fell 3 percent after the company raised its offer to buy a rival drugmaker, Shire. Major U.S. companies start to report their earnings this week. Bond prices rose.
Source: http://www.whig.com/story/25968657/stocks-fall-for-a-second-day-nasdaq-slumps

economy. The reports begin in earnest when Alcoa reports its quarterly results after the U.S. stock market closes Tuesday. Wells Fargo, the No. 1 home mortgage lender in the U.S., reports Friday.
Source: http://news.yahoo.com/stocks-fall-second-day-earnings-152112363.html

Ford and Zogenix are big market movers – Yahoo News

Riley upgraded its rating on the daily-deals site to Buy from Neutral. Semiconductor equipment maker KLA-Tencor ( KLAC ) could also see early strength after raising its quarterly dividend by $0.05 to $0.50 per share and announcing a $1 billion stock buyback. On the other hand, shares of The Fresh Market (TFM) may come under pressure after Goldman Sachs downgraded its rating on the organic grocer to Sell from Neutral. While trading activity was somewhat subdued following the long holiday weekend, stocks moved mostly lower during trading on Monday. The losses on the day partly offset the strong performance that was shown by the markets last week.
Source: http://www.nasdaq.com/article/stocks-may-see-further-downside-in-early-trading–us-commentary-20140708-00445

Abnormal Volume Stocks To Watch On Tuesday – Forbes

Stock Message Boards

In the prior session, CBSO traded 16.66 million shares, versus normal volume of approximately 1.34 million. CBS is offering to exchange shares of CBS Outdoor Americas that are owned by CBS for outstanding shares of CBS Class B http://www.todayhotstocks.com common stock. The exchange offer will expire at 12:00 midnight, NYC time, on July 9, 2014, unless the offer is extended or terminated. S&P DJI will not add the split-off company to any S&P 1500 index at the completion of the transaction.
Source: http://www.forbes.com/sites/joelkornblau/2014/07/08/abnormal-volume-stocks-to-watch-on-tuesday-13/

Stocks fall for second day before earnings reports – Yahoo News

Nasdaq Zogenix Inc., down 27 cents to $1.86 The FDA granted priority review for a tamper-resistant painkiller from Purdue Pharma, a threat to the drugmaker’s Zohydro pill. Groupon Inc., down 17 cents to $6.28 Analysts with B. Riley issue an upgrade for the online coupon company, seeing easier comparisons to last year and fatter margins. Shire, down $4.47 to $233.00 U.S.
Source: http://news.yahoo.com/ford-zogenix-big-market-movers-201326791.html

Obama To Dine With Woman Helped By Pay Raise – Abc News

Obama asks for $3.7 billion for immigration crisis | abc7chicago.com

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

Immigration: Barack Obama in Political Bind Over Unaccompanied Minors – TIME

It all comes with comprehensive immigration legislation dead in Congress for the year and Obama preparing to take steps by his executive authority to change the nation’s faulty immigration system where he can – plans that could be complicated by the border crisis. Cornyn and other Republicans kept up their criticism of Obama’s decision not to include a border visit in his Texas trip, but the White House held firm, instead adding the meeting on immigration to Obama’s schedule in Dallas. Perry announced plans to attend. As for the spending request, some Republicans said they would have to review the details before weighing in. “We’re going to take a look at it. This is clearly a huge crisis,” said Senate Minority Leader Mitch McConnell, R-Ky.

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. 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 http://www.obamastudentloanforgiveness.net the form of a full hearing.
Source: http://www.wcvb.com/politics/obama-seeks-37b-in-immigration-funds/26840462

Obama getting cold shoulder in Colorado | Fox News

The Appropriations Committee and other Members, including the working group on the border crisis led by Rep. Kay Granger, will review the White House proposal, Michael Steel, a spokesman for House Speaker John Boehner, said in a statement. The Speaker still supports deploying the National Guard to provide humanitarian support in the affected areaswhich this proposal does not address. And liberals are organizing to block the White House efforts to rewrite laws to make the deportation of child migrants from Central America less cumbersome. Under current law, unaccompanied minors from Central America are automatically referred to the custody of the Department of Health and Human Services, which works to place them with family members already residing in the United States while they await a court date. Unaccompanied minors from Mexico, however, are treated differently, and can be screened for immediate return to their home country by U.S.
Source: http://time.com/2966469/obama-immigration-unaccompanied-minors/

Obama to Meet Texas Governor Perry on Immigration Crisis – Bloomberg

at the South Texas border. More than 52,000 unaccompanied children arrived at the U.S.- Mexico border from Oct. 1 through June 15, about double the total in a similar period a year earlier, U.S. Customs and Border Protection reported. Most of the children are smuggled through Central America and Mexico, according to the White House. Perry, a potential Republican candidate for president in 2016, has said hes warned the Obama administration for more than two years about unaccompanied children showing up at the U.S.-Mexico border.
Source: http://www.bloomberg.com/news/2014-07-08/obama-invites-texas-perry-to-meet-on-immigration-crisis.html

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

Its time to restore prosperity and optimism in our great state. CRIST PROMISES SPENDING, MINIMUM WAGE HIKES Former Gov. Charlie Crist, D-Fla., launched his first TV ad Monday touting Crists support of Floridas working and middle class when he was governor. Were famous for our sunshine here, but for many work starts before it comes up and continues long after it comes down, Crist says. Thats who I fought for everyday as your governor. Crist also makes promises in the 30-second spot if elected back into office. I will raise minimum wage, restore equal pay for women and restore funding for our schools. Crist faces primary opponent Nan Rich on August 26, but has mainly focused on the November face-off against Gov.
Source: http://www.foxnews.com/politics/2014/07/08/obama-getting-cold-shoulder-in-colorado/

Leveraged Loan Funds Report Eighth Consecutive Week Of Outflows – Forbes

Netflix shares have added around 30% in last three months. Investors should note that Netflix has surprised the Zacks Consensus Estimate for earnings in last four quarters, with the average beat being 13.25%. Goldman analyst Heath Terry believes that Netflix will be able to double the subscriber base over the next three years as the company entered into 6 European markets, namely Germany, Austria, Switzerland, France, Belgium and Luxembourg this year and two to four markets every year thereafter. Terry also raised the 2018 revenue and EPS outlook for Netflix to reflect its significant growth in subscriber base.
Source: http://finance.yahoo.com/news/etfs-buy-netflix-rise-following-214814324.html

GGGGs assets under management tally could increase by 25% as a result of Wednesdays action in the ETF. Market Vectors Junior Gold Miners ETF View photo . ETF Trends editorial team contributed to this post. Tom Lydons clients own shares of GLD.
Source: http://finance.yahoo.com/news/junior-miners-etf-consolidates-looks-113049916.html

Inflows To High Yield Bond ETFs Offset Mutual Fund Outflows – Forbes

This is the eighth consecutive outflow, for a net $4.94 billion withdrawal over that span, representing the largest multiweek depletion since a run of outflows in August 2011. Extrange-traded fund inflows of $28 million barely offset outflows from mutual funds of $485 million. The outflow marks the eleventh weekly withdrawal in the past 12 weeks, a stretch that put other an end to a 95-week inflow streak totaling $66.7 billion.The trailing four-week reading moves to negative $618 million per week, from negative $779 million last week and $792 million two weeks ago. Year-to-date inflows now total just $1.2 billion, of which $804 million, or 70% of the sum, is ETF-related.
Source: http://www.forbes.com/sites/spleverage/2014/07/04/leveraged-loan-funds-report-eighth-week-of-outflows/

Leveraged ETF Launch: Non Energy MLP ETN Hits Market – ETF News And Commentary – NASDAQ.com

This weeks number represents the eighth inflow in the past nine weeks, for a combined $3.2 billion inflow over that span. While last weeks inflow was balanced with ETFs representing 55% of the sum, or $338 million, todays reading shows a mutual fund outflow of $33 million compared to inflows to ETFs of $123 million. The trailing-four-week average dropped to $187 million per week from $240 million last week. The full-year reading now shows inflows of $6.6 billion, and its roughly 19% related to the ETF segment. In contrast, one year ago, which included the single largest one-week outflow on record $4.6 billion for the week ended June 5, 2013 the full-year reading was negative $9.3 billion, with 31% tied to ETF withdrawals.
Source: http://www.forbes.com/sites/spleverage/2014/07/04/inflows-to-high-yield-bond-etfs-offset-mutual-fund-outflows/

This ETN, the Ex-Energy MLP ETN (FMLP) has amassed about $25 million in the short time since its launch. LMLP in Focus The newly launched fund – LMLP – looks to track the Wells Fargo MLP Ex-Energy Index, same as FMLP (read: First Ex-Energy MLP Hits the Market: FMLP ). The new entrant seeks to provide investors twice the monthly return of the said index. Investors should note that unlike most other leveraged ETFs which are reset daily, this new fund will be reset on a monthly basis.
Source: http://www.nasdaq.com/article/leveraged-etf-launch-non-energy-mlp-etn-hits-market-etf-news-and-commentary-cm367719