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Aug 27, 2014

YouTube | Al Jazeera English has uploaded Hamas claims victory as Gaza residents survey damage.

Al Jazeera English has uploaded Hamas claims victory as Gaza residents survey damage

Hamas claims victory as Gaza residents survey damage
Al Jazeera English

Gerald Celente | Trends in The News - August 27, 2014: " Obama’s Good Game Of Golf" - (8/21/14).

Published on Aug 27, 2014
"Bank Of America to pay a $17 billion dollar settlement, Eric Holder pulls the race bating card in Ferguson, Missouri & while countless slaughters rage on.. Barack Obama seems to think that golf is more important! What's his job again? Oh yeah.. President of the United States. What a disgrace!"

SEC | Credit Rules - August 27, 2014: SEC Adopts Credit Rating Agency Reform Rules.

SEC Seal

08/27/2014 02:31 PM EDT

The Securities and Exchange Commission today adopted new requirements for credit rating agencies to enhance governance, protect against conflicts of interest, and increase transparency to improve the quality of credit ratings and increase credit rating agency accountability.  The new rules and amendments, which implement 14 rulemaking requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, apply to credit rating agencies registered with the Commission as nationally recognized statistical rating organizations (NRSROs).

“This expansive package of reforms will strengthen the overall quality of credit ratings, enhance the transparency of credit rating agencies and increase their accountability,” said SEC Chair Mary Jo White. “Today’s reforms will help protect investors and markets against a repeat of the conduct and practices that were central to the financial crisis.”

The new requirements for NRSROs address internal controls, conflicts of interest, disclosure of credit rating performance statistics, procedures to protect the integrity and transparency of rating methodologies, disclosures to promote the transparency of credit ratings, and standards for training, experience, and competence of credit analysts.  The requirements provide for an annual certification by the CEO as to the effectiveness of internal controls and additional certifications to accompany credit ratings attesting that the rating was not influenced by other business activities.

The Commission also adopted requirements for issuers, underwriters, and third-party due diligence services to promote the transparency of the findings and conclusions of third-party due diligence regarding asset-backed securities.

Certain amendments will become effective 60 days after publication in the Federal Register.  The amendments with respect to the annual report on internal controls and the production and disclosure of performance statistics will be effective on Jan. 1, 2015, which means that the first internal controls report to be submitted by an NRSRO would cover the fiscal year that ends on or after Jan. 1, 2015, and the first annual certification on Form NRSRO relating to performance statistics is required for the annual certifications filed after the end of the 2015 calendar year.

The following provisions are effective nine months after publication in the Federal Register: prohibiting the sales and marketing conflict; addressing look-back reviews to determine whether the credit analyst’s prospects of future employment influenced a credit rating; requiring the disclosure of rating histories; addressing rating methodologies; requiring the form and certification to accompany credit ratings; addressing issuer and underwriter disclosure of third-party due diligence findings; addressing the certification of a third-party due diligence provider; addressing NRSRO standards of training, experience, and competence; and addressing universal rating symbols.  This period is intended to provide time for NRSROs, issuers, underwriters, and providers of third-party due diligence services to prepare for the changes resulting from the new requirements.

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FDIC | Press Release - August 27, 2014: FDIC Consumer Newsletter Features Tips on Preparing Financially for a Stressful Life Event.

Press Release

FDIC Consumer Newsletter Features Tips on Preparing Financially for a Stressful Life Event

Other topics include deposit insurance, rebuilding credit, and a new security feature for cards

August 27, 2014
Media Contact:
Jay Rosenstein (202) 898-7303
No one wants to think about it, but everyone needs to plan for stressful life events that include disability or death. The latest issue of FDIC Consumer News features tips on preparing financially for such events, plus basic strategies for helping family members or others who are facing a personal hardship. The Summer 2014 edition also reports on enhancements to the FDIC Web pages explaining deposit insurance, tips for rebounding from a bad credit history, and basics to know about new credit and debit cards that contain a computer chip for added security. Here's an overview of what is in this issue:
Are your finances ready for a stressful life event? The newsletter discusses a variety of precautions consumers can take, ranging from building a rainy day fund (to help get through a difficult period without having to take out a loan or borrow from retirement savings) to steps that will make it easier for loved ones to find important documents and manage financial affairs in an emergency. Also included are tips for people who may suddenly become responsible for managing someone else's money, and what to know about scams that target the ill, the elderly or others facing a serious personal challenge.
The FDIC enhances deposit insurance information online: Each year, millions of consumers come to the FDIC's Web site to learn about their deposit insurance. Our new, improved site brings all of the agency's deposit insurance material together in one easily accessible place. And, it offers two new videos and two new online tools that will help depositors better understand their insurance coverage. Of course, you can always call the FDIC at 1-877-ASK-FDIC -- that is 1-877-275-3342 -- to get answers from a deposit insurance specialist.
Five tips to help rebound from a bad credit history: For people grappling with a history of debt payment problems, improving their credit record may seem like a daunting task. FDIC Consumer Newsoffers five suggestions that can help increase the chances of qualifying for better loan terms, lower insurance rates and perhaps even a new job or apartment.
New credit and debit cards that contain a computer chip: Some U.S. consumers have received a new credit or debit card from their financial institution that contains a computer chip, while others can expect to receive one by late 2015. The microchip makes it less likely that a payment card will be used for a fraudulent transaction in person, such as at a store, but consumers still need to be on guard against fraudulent purchases online, over the phone or by mail. The FDIC newsletter discusses what the transition to chip cards means for consumers, including getting used to new payment terminals at stores.
The goal of FDIC Consumer News is to deliver timely, reliable and innovative tips and information about financial matters, free of charge. The Summer 2014 edition can be read or printed To find current and past issues, or request paper copies by contacting the FDIC's Public Information Center toll-free at 1-877-275-3342, by e-mail to, or by writing to the FDIC Public Information Center, 3501 North Fairfax Drive, Room E-1002, Arlington, VA 22226.
To receive an e-mail about each new issue of the quarterly FDIC Consumer News with links to stories, go to
The FDIC encourages financial institutions, government agencies, consumer organizations, educators, the media and anyone else to help make the tips and information in FDIC Consumer News widely available. The publication may be reprinted in whole or in part without permission. Please credit FDIC Consumer News. Organizations also may link to or mention the FDIC Web site.

DealBook P.M. Edition - August 27, 2014: Lending Club, Leader in Peer-to-Peer, Plans I.P.O.

For the latest updates, go to »
Renaud Laplanche, chief executive of Lending Club.
Lending Club, Leader in Peer-to-Peer, Plans I.P.O.Lending Club, which has political heavyweights on its board and has raised money from the likes of Google, could rank among the 10 biggest initial public offerings of an Internet company.
For the latest updates, go to »
The Justice Department headquarters in Washington.
The Trade: Wall St. Prosecutors Bare Their Teeth, but Still Lack Bite Securing admissions of wrongdoing is a step in the right direction, but there's much work to be done to hold giant corporations accountable for their misdeeds, Jesse Eisinger writes.
Alibaba, the Chinese e-commerce behemoth, said its profit nearly tripled in the quarter ended June 30, to $2 billion.
Alibaba Profit and Mobile Revenue Soar Again as I.P.O. Nears As it prepares for an initial public offering in mid-September, the Chinese e-commerce reported a staggering $2 billion of profit on $2.5 billion in revenue for its most recent quarter.
Richard B. Handler, the chief executive of the investment bank Jefferies Group, opted to jump into a tub of ice water instead of pouring it over his head.
Wall Street Takes the Ice Bucket Challenge Wall Street bankers are generally not known for being hip to the latest viral memes. But in a measure of the enormous reach of the "ice bucket challenge," some prominent investment bankers are now taking part.
Mary Jo White is the chairwoman of the Securities and Exchange Commission.
S.E.C. Adopts New Rules on Asset-Backed Securities and Credit Ratings Nearly six years after the financial crisis, regulators have voted to require more disclosure and impose new controls for two sectors of Wall Street that were at the heart of the collapse.
Jimmy Dean sausage is one of Hillshire Brands' main product lines.
Tyson Foods and Hillshire Reach Deal to Win Antitrust Approval for Merger Tyson Foods has agreed to sell its sow-purchasing business, a unit with $270 million in revenue, to win antitrust clearance for its acquisition of Hillshire Brands.
Ratan Tata is the chairman emeritus for the conglomerate Tata Sons.
Ratan Tata Buys Stake in Indian Online Retailer Snapdeal With Internet access expanding in India, the online shopping industry has finally captured the attention of investors, both at home and abroad.
Warren E. Buffett is lending Burger King $3 billion in the form of preferred stock at a lucrative 9 percent interest rate.
Reuters Breakingviews: Buffett's Involvement in Burger King-Tim Hortons Deal Is a Diversion Warren Buffett's involvement in the Burger King-Tim Hortons merger tells regular investors nothing, and doesn't really work against Obama's call for "economic patriotism," Robert Cyran writes.
Chiquita is attempting an inversion with a deal for its Irish rival Fyffes.
Chiquita Seeks to Reassure Investors on Deal for FyffesChiquita Brands International says it expects to achieve an additional $20 million in annual cost savings from its planned combination with Fyffes of Ireland.
 R.B.S. is 81 percent owned by the British government.
R.B.S. Fined $24 Million Over Mortgage Advice Failures The penalty is the latest setback for the Royal Bank of Scotland, which is mostly owned by the British government, as it tries to reshape itself and regain the public's trust.
Revised Growth Data Due on Thursday The Commerce Department will release on Thursday its revised estimate of economic growth in the second quarter of 2014. The change from the advance estimate released late last month is expected to be small: Economists predict the growth rate for the economy last quarter will be reduced to 3.9 percent, from 4 percent.
For the latest updates, go to »

FTC | Scam Alerts - August 27, 2014: Can you spot a government imposter?.

Federal Trade Commission Consumer Information

by Amy Hebert
Consumer Education Specialist, FTC
Your caller ID says “FTC” or “IRS,” and the phone number has the “202” Washington, DC area code. You might even look the number up and see that it’s a real government phone number.
But the person calling isn’t really from the FTC, IRS, or any other agency. It’s a government imposter whose goal is to convince you to send money before you figure out it’s a scam. The big giveaway? They want you to send money.
Read more >

CMI | Spot Prices as of close of trading in New York on August 27, 2014.

Spot Prices as of close of trading in New York

Wednesday, August 27, 2014











WSJ | Biggest Decliners Closing on August 27, 2014.

Biggest Decliners Closing
Biggest Decliners
4:32 pm ET 08/27/2014
Solera Holdings (SLH)1,791,433$59.93-7.36-10.94
Autohome ADS (ATHM)2,665,11250.44-6.16-10.88
Leju Holdings ADS (LEJU)1,026,54616.60-1.40-7.78
Bitauto Holdings ADS (BITA)3,549,01189.04-7.10-7.39
Jumei International Holding ADS (JMEI)1,830,86731.72-2.28-6.71
China Ming Yang Wind Power Group ADS (MY)1,761,0452.94-0.19-6.07
E-House (China) Holdings ADS (EJ)3,671,61911.48-0.62-5.12
Yingli Green Energy Holding ADS (YGE)7,859,7763.38-0.18-5.06
China Cord Blood (CO)204,7605.29-0.28-5.03
Heico Cl A (HEIA)40,81941.45-2.05-4.71
Heico (HEI)375,58451.85-2.55-4.69
Brown Shoe (BWS)1,213,95729.90-1.47-4.69
Chico's Fas (CHS)5,796,27715.29-0.73-4.56
Movado Group (MOV)466,14838.79-1.85-4.55
Flagstar Bancorp (FBC)334,38317.66-0.83-4.49
Everyday Health (EVDY)75,35914.86-0.69-4.44
Vince Holding (VNCE)232,25335.70-1.62-4.34
HHGregg (HGG)154,0317.35-0.33-4.30
Empresa Distribuidora y Comercializadora Norte Cl B ADS (EDN)219,15910.59-0.47-4.25
Talisman Energy (TLM)18,982,63810.24-0.45-4.21
Universal Insurance Holdings (UVE)345,98213.52-0.58-4.11
Qihoo 360 Technology (QIHU)7,040,79188.43-3.72-4.04
Higher One Holdings (ONE)213,4543.88-0.16-3.96
Hill International (HIL)314,1884.56-0.18-3.80
Palo Alto Networks (PANW)1,578,00982.41-3.18-3.72
China HGS Real Estate (HGSH)1,220,855$7.19-1.31-15.41
Smith&Wesson Holding (SWHC)11,904,17111.31-1.78-13.63
SMART Technologies (SMT)190,5292.08-0.17-7.56
China Finance Online ADS (JRJC)13,597,0649.60-0.72-6.98
Titan Machinery (TITN)800,77912.53-0.92-6.84
Skywest (SKYW)841,0419.30-0.64-6.44
21Vianet Group ADS (VNET)878,30028.31-1.75-5.82
ZS Pharma (ZSPH)160,45939.24-2.27-5.47
Pixelworks (PXLW)1,446,1876.30-0.35-5.26
Novadaq Technologies (NVDQ)351,66313.08-0.72-5.22
Garmin (GRMN)2,909,33954.59-2.87-4.99
T2 Biosystems (TTOO)113,30321.20-1.01-4.55
Hydrogenics (HYGS)165,21621.77-1.02-4.48
ChinaCache International Holdings ADS (CCIH)331,57515.24-0.70-4.39
Alcobra (ADHD)205,43919.72-0.89-4.32
China XD Plastics (CXDC)170,4146.91-0.31-4.29
ReachLocal (RLOC)177,9465.06-0.22-4.17
Bob Evans Farms (BOBE)1,072,12445.77-1.99-4.17
Epizyme (EPZM)263,16435.21-1.46-3.98
China Mobile Games&Entertainment Group ADS (CMGE)570,90018.02-0.74-3.94
Rubicon Technology (RBCN)639,5546.39-0.26-3.91
2U (TWOU)73,46418.75-0.75-3.85
Sphere 3D (ANY)83,5117.02-0.28-3.84
Codexis (CDXS)82,4222.52-0.10-3.82
Macrocure (MCUR)61,2309.34-0.37-3.81
Direxion Daily Brazil Bear 3X Shares (BRZS)45,589$21.96-1.70-7.18
ProShares UltraShort MSCI Brazil Capped (BZQ)33,18848.27-2.33-4.60
VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ)8,435,5813.98-0.12-2.93
Direxion Daily 20+ Year Treasury Bear 3X Shares (TMV)431,84541.31-1.06-2.50
ProShares UltraPro Short 20+ Year Treasury (TTT)45,34754.36-1.38-2.48
PowerShares DB 3x Short 25+ Year Treasury Bond Exchange Traded Note (SBND)107,3926.32-0.16-2.47
iPath Global Carbon ETN (GRN)2,7628.05-0.18-2.19
Direxion Daily Russia Bull 3x Shares (RUSL)240,35516.68-0.36-2.11
iPath US Treasury Long Bond Bear ETN (DLBS)11,93025.77-0.54-2.05
Direxion Daily FTSE China Bull 3X Shares (YINN)86,62235.28-0.72-2.00
ProShares UltraShort Bloomberg Natural Gas (KOLD)20,31948.59-0.89-1.80
ProShares UltraShort Lehman 20+ Year Treas (TBT)3,759,59754.91-0.94-1.68
ProShares UltraShort Utilities (SDP)6,60215.54-0.27-1.68
Market Vectors Gulf Shares ETF (MES)6,24933.32-0.50-1.48
iPath DJ-UBS Sugar Subindex Total Return ETN (SGG)27,32546.81-0.66-1.39
ProShares Ultra FTSE China 25 (XPP)20,89966.62-0.87-1.29
Direxion Daily Emerging Markets Bear 3x Shares (EDZ)955,37626.92-0.35-1.28
iPath US Treasury 10-year Bear ETN (DTYS)22,75425.15-0.32-1.26
Guggenheim China Technology ETF (CQQQ)12,39438.22-0.44-1.14
PowerShares Golden Dragon China Portfolio (PGJ)130,07133.06-0.38-1.14
Direxion Daily 7-10 Year Treasury Bear 3X Shares (TYO)39,39920.50-0.23-1.11
Direxion Daily Japan Bull 3x Shares (JPNL)6,44247.35-0.53-1.11
Market Vectors-Solar Energy ETF (KWT)7,16783.79-0.88-1.04
ProShares UltraShort MSCI Emerging Markets (EEV)55,73215.69-0.16-1.01
Direxion Daily Gold Miners Bull 3x Shares (NUGT)1,642,61242.96-0.42-0.97
Digital Ally (DGLY)6,385,650$11.49-2.79-19.54
Vicon Industries (VII)2,156,8543.79-0.73-16.15
Glori Energy (GLRI)394,5387.31-1.38-15.88
China HGS Real Estate (HGSH)1,220,8557.19-1.31-15.41
22nd Century Group (XXII)5,562,1922.69-0.48-15.14
Smith&Wesson Holding (SWHC)11,904,17111.31-1.78-13.63
Vapor (VPCO)1,023,9432.27-0.33-12.69
Solera Holdings (SLH)1,791,43359.93-7.36-10.94
Autohome ADS (ATHM)2,665,11250.44-6.16-10.88
Medical Transcription Billing (MTBC)95,7493.13-0.34-9.80
ClearSign Combustion (CLIR)77,4847.44-0.71-8.71
Leju Holdings ADS (LEJU)1,026,54616.60-1.40-7.78
SMART Technologies (SMT)190,5292.08-0.17-7.56
Bitauto Holdings ADS (BITA)3,549,01189.04-7.10-7.39
Direxion Daily Brazil Bear 3X Shares (BRZS)45,58921.96-1.70-7.18
China Finance Online ADS (JRJC)13,597,0649.60-0.72-6.98
Titan Machinery (TITN)800,77912.53-0.92-6.84
Jumei International Holding ADS (JMEI)1,830,86731.72-2.28-6.71
Skywest (SKYW)841,0419.30-0.64-6.44
Bioanalytical Systems (BASI)7,2602.30-0.15-6.12
China Ming Yang Wind Power Group ADS (MY)1,761,0452.94-0.19-6.07
21Vianet Group ADS (VNET)878,30028.31-1.75-5.82
Aldeyra Therapeutics (ALDX)10,8873.40-0.20-5.56
Dataram (DRAM)34,7792.90-0.17-5.54
ZS Pharma (ZSPH)160,45939.24-2.27-5.47
See All Decliners
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