Pages

Search This Blog

Translate

Search Tool




Aug 8, 2014

YouTube | Selected VOAvideo - August 8, 2014: US Airstrikes Raise Hopes, Stakes in Iraq.



VOAvideo has uploaded US Airstrikes Raise Hopes, Stakes in Iraq






VOAvideo
The United States is starting to pound selected Islamic State militant group targets around the Iraqi city of Irbil from the air. And defense officials warn they will not hesitate to pull the trigger if the terror group makes any moves that could threaten U.S. personnel or refugees seeking shelter from the group’s brutality. VOA's Jeff Seldin has more from the Pentagon.
Originally published at - http://www.voanews.com/media/video/2407974.html

YouTube | Al Jazeera English Selected Videos - August 8, 2014: Displaced Iraqis seek refuge in Erbil.





Al Jazeera English has uploaded Displaced Iraqis seek refuge in Erbil





Al Jazeera English

DealBook P.M. Edition - August 8, 2014: Weekend Reading: The Business of Being a Bank

For the latest updates, go to dealbook.nytimes.com »
Friday, August 8, 2014
TOP STORY
Weekend Reading: The Business of Being a Bank The weight of tens of billions of dollars in legal costs may be coming to an end for Bank of America, allowing the bank to turn its attention back to, as DealBook reported, "the business of being a bank."

For Brian T. Moynihan, the bank's chief executive, that means keeping his focus on extracting profit (helped by consumer spending and investment banking), cutting costs (25,000 jobs were cut in 2013) and appeasing shareholders (the bank announced an increase in its dividend on Wednesday).

The bank's stock rose slightly after news broke this week that a tentative mortgage settlement of more than $16 billion had been reached. But it then remained nearly static at $15.07 a share on Friday afternoon. The business of being a bank has its challenges.
For the latest updates, go to dealbook.nytimes.com »
A look back on our reporting of the past week's highs and lows in finance.
Friday
Rupert Murdoch expressed little regret after giving up his bid to acquire Time Warner:
Threat of Regulatory Challenge Loomed Over Dropped Deals In the cases of Sprint's abandoned bid for T-Mobile and 21st Century Fox's for Time Warner, more recent aggressive enforcement efforts seem to be having an effect.
In 1909, Ryerson opened a warehouse in New York.
Ryerson, an Old Chicago Steel Company, Slumps in Market Debut The company, owned by the Los Angeles private equity firm Platinum Equity, had priced its shares at $11 each in an I.P.O. on Thursday evening, the bottom of an expected range.
 R.B.S. is 81 percent owned by the British government.
R.B.S. Is Said to Revamp Unit Under Scrutiny The Global Restructuring Group, which was criticized over forcing some businesses facing financial troubles into default, will be disbanded and replaced by a new group, a person briefed on the matter said.
Gemalto to Pay $890 Million for Data Protection Firm The deal is expected to bolster the Dutch digital security company's offerings of software used to verify identity and provide encrypted security for financial transactions.
Reuters Breakingviews: A Tax Inversion in All but Name SafeNet is selling itself to Dutch digital security company Gemalto. The deal shows the limitations of a possible ban on inversions, writes Jeffrey Goldfarb of Reuters Breakingviews.
Thursday
A sharp upturn in deal activity is expected to continue even after a headline-grabbing deal like Sprint's attempt to buy T-Mobile crumbled this week.
Stampede of Mergers Could Mean Growth, or Irrationality, Ahead Cheap credit, lower tax bills and a desire for revenue, more than economic optimism, may be behind this year's surge in corporate acquisitions.
Fan Bao, second from left, says he focuses broadly on technology companies that can thrive in China's
Upstart Bank in China Rides High on Technology I.P.O. Crest Fan Bao, the head of the China Renaissance investment firm, has built a network of contacts with a focus on tech start-ups that will thrive in China's "new economy."
From left, Henry Kravis of K.K.R., Stephen Schwarzman of Blackstone and David Bonderman of TPG.
K.K.R., Blackstone and TPG Private Equity Firms Agree to Settle Lawsuit on Collusion The firms have agreed to pay a combined $325 million to settle accusations that they colluded with one another to drive down the prices of corporate takeover targets.
Amy Steiner leads a yoga class while dressed in Lululemon. The company's founder said
Lululemon Strikes Deal With Yoga Sportswear Maker's Founder, Avoiding Fight Under the terms of the deal, Chip Wilson will sell half of his stake in the company to Advent International for $845 million. The retailer will give the private equity firm two director seats.
Wednesday
Bank of America's headquarters in Charlotte, N.C.
Bank of America Offers U.S. Biggest Settlement in History Over Toxic Mortgage Loans After months of stiff resistance, the bank has abruptly offered to pay $16 billion. The turning point came in an unexpected ruling from a federal judge known to be hard on big banks.
As his company held merger talks with Sprint, John J. Legere, chief of T-Mobile US, was restrained in criticizing a rival.
No Merger of Sprint and T-Mobile US, but Plenty of Taunts When Sprint officially announced on Wednesday that it had abandoned its plans to buy T-Mobile, John J. Legere, chief executive of T-Mobile, had plenty to say.
Senator Richard Durbin of Illinois said he was
Walgreen, in Acquiring Rest of Alliance Boots, Will Remain U.S.-Based A tax inversion by Walgreen might have faced a lengthy review by tax authorities in the United States and soured the drugstore's relationship with its American consumers.
Leon Black of Apollo Global Management, which posted a profit of 52 cents a share, short of the 66 cents analysts forecast.
Profit-Sharing Trims Apollo Global Income Apollo Global Management reported a decline in income for the second quarter, as it earned less from selling its investments and allocated more of that profit to employees.
Offices of the British bank Standard Chartered in London.
Standard Chartered Discloses New York Inquiry as Pretax Profit Falls The British bank confirmed that it faces a new inquiry over its controls to prevent money laundering and said a resolution could include "a monetary penalty and remedial actions."
Tuesday
The Time Warner Center in New York.
After Pushback, Murdoch Abandons Fox's Pursuit of Time Warner It would have created a $150 billion giant, but Time Warner and Fox's shareholders weren't interested.
The headquarters of the British bank Standard Chartered in London.
British Bank Standard Chartered Faces Action, Again, by New York State The British banking giant is being scrutinized by New York's financial regulator for failing to weed out risky transactions flowing through its American operations.
USA Todays at a Midtown stand. The paper's owner, Gannett, plans to spin off its newspaper unit
Gannett, Owner of USA Today, to Split Its Print and Broadcast Businesses The Gannett Company said it planned to spin off its 81 daily newspapers, including USA Today, and confirmed that it would buy out the 73 percent of Cars.com that it does not already own.
Sprint conceded that its plan for a union with T-Mobile would not pass muster with U.S. regulators.
Sprint and SoftBank Back Away From T-Mobile US Sprint and its corporate parent, the Japanese telecommunications giant, conceded that antitrust regulators would block a deal.
Judge Jed S. Rakoff of the Federal District Court has been an outspoken critic of financial fraud.Credit
Judge Rakoff Says 2011 S.E.C. Deal With Citigroup Can Close Judge Jed S. Rakoff said he would approve a $285 million settlement, but added that the appeals court "has now fixed the menu, leaving this court with nothing but sour grapes."
From left, Aydin Senkut, founder of Felicis Ventures, with general partners Sundeep Peechu and Renata Streit Quintini.
Venture Capitalists Coddle Entrepreneurs as Royalty Felicis Ventures, a venture capital firm, has even decided never to vote against the entrepreneurs it backs.
Deal Professor: New Buying Strategy as Facebook and Google Transform Into Web Conglomerates A buying spree among technology companies has revolutionized the venture capital business model.
Monday
CNBC's
Andrew Ross Sorkin: Ackman and Valeant's Bid for Botox Maker May Be Too Clever to Be Legal A lawsuit by Allergan says the arrangement by Valeant Pharmaceuticals and William A. Ackman amounts to insider trading, and the judge's decision will rest upon a set of arcane financial rules.
The General Motors headquarters in Detroit. The automaker's finance unit is said to be one of the companies federal prosecutors are investigating.
Focusing on G.M. Unit, U.S. Starts Civil Inquiry of Subprime Car Lending Federal prosecutors have begun a civil investigation of the lending practices of General Motors and other companies, focusing on the selling of questionable loans to investors.
An HSBC branch in Hong Kong. The bank is facing regulatory scrutiny and duplicated regulatory efforts, its chairman said.
Profits Decrease at HSBC as Business in Asia Slows The British bank said first-half earnings fell to $9.75 billion from $10.3 billion in the period a year earlier. Its Asian operations account for more than half of its earnings.
For the latest updates, go to dealbook.nytimes.com »

WSJ | Biggest Gainers Closing August 8, 2014.

Biggest Gainers Closing
Biggest Gainers
4:47 pm ET 08/08/2014
NYSE
Issue Volume Price Chg % Chg
Q2 Holdings (QTWO) 465,823 $15.34 2.35 18.09
Ply Gem Holdings (PGEM) 805,709 9.85 1.21 14.00
Callon Petroleum (CPE) 1,259,415 10.26 1.14 12.50
Springleaf Holdings (LEAF) 906,271 32.88 3.23 10.89
Magnum Hunter Resources (MHR) 6,634,991 6.38 0.58 10.00
Zendesk (ZEN) 275,630 21.29 1.87 9.63
Marcus&Millichap (MMI) 169,127 25.90 1.96 8.19
Youku Tudou ADS (YOKU) 6,263,386 21.09 1.57 8.04
Violin Memory (VMEM) 824,366 3.99 0.29 7.84
RCS Capital (RCAP) 528,025 21.91 1.57 7.72
Swift Energy (SFY) 2,570,573 12.14 0.86 7.62
Lions Gate Entertainment (LGF) 3,214,382 32.63 2.28 7.51
Genie Energy (GNE) 61,199 7.39 0.51 7.41
Essent Group (ESNT) 772,729 19.86 1.37 7.41
WGL Holdings (WGL) 613,207 41.08 2.71 7.06
William Lyon Homes (WLH) 195,056 24.78 1.62 6.99
Midstates Petroleum (MPO) 537,833 6.90 0.44 6.81
Comstock Resources (CRK) 1,441,988 24.98 1.57 6.71
BioAmber (BIOA) 74,504 10.80 0.66 6.51
Nelnet Cl A (NNI) 131,753 43.92 2.66 6.45
Jumei International Holding ADS (JMEI) 1,015,148 33.00 1.99 6.42
ServiceMaster Global Holdings (SERV) 374,565 18.70 1.08 6.13
New Home (NWHM) 131,401 13.84 0.78 5.97
Magna International (MGA) 1,066,573 111.44 6.28 5.97
Gap (GPS) 7,950,166 42.57 2.37 5.90
 
Nasdaq
Issue Volume Price Chg % Chg
China HGS Real Estate (HGSH) 2,261,367 $3.17 0.93 41.52
Raptor Pharmaceutical (RPTP) 3,016,193 10.56 2.32 28.16
Radnet (RDNT) 1,823,014 6.92 1.19 20.77
Willdan Group (WLDN) 472,052 8.68 1.33 18.10
Globus Maritime (GLBS) 2,015 3.31 0.44 15.37
MercadoLibre (MELI) 3,023,016 105.85 13.41 14.51
Relypsa (RLYP) 557,603 27.25 3.19 13.26
Revance Therapeutics (RVNC) 466,678 25.36 2.86 12.71
Air Methods (AIRM) 2,113,896 59.81 6.62 12.45
HMS Holdings (HMSY) 1,928,151 20.74 2.18 11.75
Tornier (TRNX) 537,004 21.73 2.24 11.49
Universal Electronics (UEIC) 398,343 52.77 5.32 11.21
Radius Health (RDUS) 108,013 11.81 1.17 11.00
Clovis Oncology (CLVS) 1,363,580 40.88 4.00 10.85
ShoreTel (SHOR) 2,295,105 6.65 0.64 10.65
Achaogen (AKAO) 92,338 10.30 0.97 10.40
Tetraphase Pharmaceuticals (TTPH) 242,170 12.10 1.08 9.80
Virco Manufacturing (VIRC) 37,126 2.95 0.26 9.67
Pozen (POZN) 423,251 8.18 0.72 9.65
PDC Energy (PDCE) 2,432,008 60.92 5.03 9.00
NVIDIA (NVDA) 22,332,536 19.00 1.54 8.82
EnerNOC (ENOC) 770,509 20.10 1.59 8.59
Kythera Biopharmaceuticals (KYTH) 195,417 36.46 2.86 8.51
XenoPort (XNPT) 411,436 4.75 0.37 8.45
Micrel (MCRL) 908,155 11.65 0.90 8.37
 
NYSE Arca
Issue Volume Price Chg % Chg
Direxion Daily Natural Gas Related Bull 3x Shares (GASL) 53,360 $37.53 2.63 7.54
Direxion Daily Russia Bull 3x Shares (RUSL) 1,183,782 14.29 0.98 7.36
VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (UGAZ) 1,519,915 15.93 0.89 5.92
Direxion Daily Energy Bull 3x Shares (ERX) 402,953 115.60 5.51 5.00
Direxion Daily Retail Bull 3x Shares (RETL) 4,423 65.60 3.10 4.96
Direxion Daily FTSE China Bull 3X Shares (YINN) 231,546 34.01 1.46 4.49
ProShares Ultra Utilities (UPW) 4,276 81.71 3.29 4.20
Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST) 2,582,998 10.55 0.42 4.15
ProShares Short VIX Short-Term Futures ETF (SVXY) 1,893,056 72.63 2.64 3.77
iPath Global Carbon ETN (GRN) 4,526 7.90 0.28 3.65
ProShares Ultra Bloomberg Natural Gas (BOIL) 51,434 35.58 1.24 3.61
ProShares UltraPro S&P 500 (UPRO) 1,215,529 109.79 3.70 3.49
Direxion Daily S&P 500 Bull 3X Shares (SPXL) 1,456,661 72.67 2.42 3.44
Direxion Daily Healthcare Bull 3X Shares (CURE) 49,116 87.58 2.91 3.44
ProShares Ultra Oil&Gas (DIG) 32,572 81.78 2.69 3.40
Direxion Daily Semiconductor Bull 3X Shares (SOXL) 107,574 97.47 3.16 3.35
ProShares UltraPro Dow 30 (UDOW) 207,979 113.03 3.63 3.32
ProShares UltraPro MidCap400 (UMDD) 8,751 99.50 2.96 3.07
ProShares Ultra FTSE China 25 (XPP) 164,633 64.90 1.93 3.06
SPDR S&P Oil&Gas Exploration&Production ETF (XOP) 9,029,365 75.98 2.24 3.04
Direxion Daily Mid Cap Bull 3x Shares (MIDU) 52,253 84.92 2.49 3.02
ProShares UltraPro Russell2000 (URTY) 230,627 78.93 2.28 2.97
Direxion Daily India Bull 2X Shares (INDL) 38,498 87.45 2.49 2.93
iShares MSCI Turkey ETF (TUR) 220,993 55.80 1.56 2.88
ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN (DVYL) 27,976 43.83 1.22 2.86
 
Composite
Issue Volume Price Chg % Chg
Tekmira Pharmaceuticals (TKMR) 28,380,663 $20.70 6.43 45.06
China HGS Real Estate (HGSH) 2,261,367 3.17 0.93 41.52
Raptor Pharmaceutical (RPTP) 3,016,193 10.56 2.32 28.16
Radnet (RDNT) 1,823,014 6.92 1.19 20.77
Gastar Exploration (GST) 1,870,860 7.44 1.23 19.81
Willdan Group (WLDN) 472,052 8.68 1.33 18.10
Q2 Holdings (QTWO) 465,823 15.34 2.35 18.09
iRadimed (IRMD) 37,256 11.03 1.53 16.11
Globus Maritime (GLBS) 2,015 3.31 0.44 15.37
MercadoLibre (MELI) 3,023,016 105.85 13.41 14.51
Ply Gem Holdings (PGEM) 805,709 9.85 1.21 14.00
Relypsa (RLYP) 557,603 27.25 3.19 13.26
Resonant (RESN) 30,379 7.87 0.92 13.24
Revance Therapeutics (RVNC) 466,678 25.36 2.86 12.71
Callon Petroleum (CPE) 1,259,415 10.26 1.14 12.50
Air Methods (AIRM) 2,113,896 59.81 6.62 12.45
Fibrocell Science (FCSC) 99,578 3.36 0.36 12.00
HMS Holdings (HMSY) 1,928,151 20.74 2.18 11.75
Aetrium (ATRM) 64,932 5.45 0.57 11.68
Tornier (TRNX) 537,004 21.73 2.24 11.49
Universal Electronics (UEIC) 398,343 52.77 5.32 11.21
Radius Health (RDUS) 108,013 11.81 1.17 11.00
Springleaf Holdings (LEAF) 906,271 32.88 3.23 10.89
Clovis Oncology (CLVS) 1,363,580 40.88 4.00 10.85
Global Eagle Entertainment (ENT) 553,906 10.64 1.04 10.83
 
 
Footnotes
Includes common, closed end funds, ETFs, ETNs and REITS with prior day close of $2 a share or higher, with volume of at least 2,000.
x - stock is trading ex-dividend
Source: WSJ Market Data Group