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Sep 16, 2014

BBC Campaigns Seize on Scotland Pledge September 16, 2014.

16 September 2014 Last updated at 23:48 GMT

YouTube | VOAvideo has uploaded Alibaba Seeks Investors, May Hit Record - September 16, 2014.

VOAvideo has uploaded Alibaba Seeks Investors, May Hit Record

Alibaba Seeks Investors, May Hit Record
The huge Chinese e-commerce company Alibaba is set to offer its stock to the public for the first time later this week, an action that may raise more than $20 billion for the company. This Initial Public Offering may turn out to be the largest ever. VOA's Jim Randle reports.
Originally published at -

YouTube | Al Jazeera English has uploaded Eradicating statelessness? - September 16, 2014.

Al Jazeera English has uploaded Eradicating statelessness?

Eradicating statelessness?
Al Jazeera English
The United Nations says the plight of millions of stateless people around the world should be addressed.
Adrian Finighan speaks to Volker Turk - leader of international protection at UNHCR; Mohamad Alenezi - founder of Kuwaiti Bedoons Movement, an organization that highlights the rights of stateless Bedouin people in Kuwait; and Laura Van Waas - senior Rrsearcher and manager of the Stateless Programme at Tilburg Law School, Author of the book 'Nationality Matters'. 

YouTube | RT has uploaded Keiser Report: Poison Pills (E654) - September 16, 2014.

RT has uploaded Keiser Report: Poison Pills (E654)

Keiser Report: Poison Pills (E654)
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss what it means that if whoever controls the media controls the mind is an algorithm that has also replaced the markets and politicians. They also discuss 'poison pills' circumventing democracy by guaranteeing profits come before the choices of the people. In the second half, Max interviews Xavier Hawk about Permacredits and Colony Earth.

SEC | Litigation Release - September 16, 2014: Court Orders Joseph D. Stilwell to Testify in Response to SEC Investigative Subpoena.

SEC Seal


Litigation Release No. 23084 / September 16, 2014

Securities and Exchange Commission v. Joseph D. Stilwell, Civil Action No. 14-misc-257 (S.D.N.Y.)

Court Orders Joseph D. Stilwell to Testify in Response to SEC Investigative Subpoena

The Securities and Exchange Commission announced today that, on September 11, 2014, the United States District Court for the Southern District of New York entered an order requiring Joseph D. Stilwell ("Stilwell") to testify pursuant to an investigative subpoena.
On August 13, 2014, the Commission filed an application to enforce its investigative subpoena. According to the Commission's application, on November 27, 2012, the Commission issued a Formal Order Directing Private Investigation, entitled In the Matter of Stilwell Value, LLC. Stilwell failed to comply with a validly issued and served subpoena for his testimony relating to this investigation. On September 9, 2014, the court held a hearing on the Commission's application and ruled in the Commission's favor. On September 11, 2014, the court entered an order requiring Stilwell to appear for testimony.
Stilwell is the principal owner and managing member of Stilwell Value, LLC ("Stilwell Value"), an investment adviser to a series of investment funds (the "Stilwell Funds"). As disclosed in the Commission's earlier application, the Commission is investigating, among others things, whether Stilwell, Stilwell Value, and possibly others violated the anti-fraud or other provisions of the federal securities laws in connection with certain inter-fund loans at the Stilwell Funds. The investigation relates, in part, to whether Stilwell and Stilwell Value accurately disclosed the existence and accurate terms of, as well as potential conflicts of interest created by, those inter-fund loans.
The Commission is continuing to conduct its fact-finding inquiry and has not concluded that anyone has violated the securities laws.

SEC | Enforcement Actions - September 16, 2014: SEC Obtains Asset Freeze Against Company in Turks and Caicos Islands Behind South Florida-Based Ponzi Scheme.

SEC Seal

09/16/2014 04:30 PM EDT

The Securities and Exchange Commission today announced an emergency asset freeze against a company located in Turks and Caicos Islands in connection with its operation of a South Florida-based Ponzi scheme.

The SEC’s request for the emergency asset freeze against Abatement Corp. Holding Company Limited was granted in the U.S. District Court for the Southern District of Florida last week.  The SEC’s complaint alleged that Abatement Corp. and its now-deceased principal Joseph Laurer – who commonly used the name Dr. Josef V. Laurer – falsely promised investors safe, guaranteed returns while engaging in an offering fraud and Ponzi scheme from November 2004 until Laurer’s death on May 15, 2014.

The SEC’s complaint also names Laurer’s widow Brenda Davis and another Laurer-controlled company International Balanced Fund as relief defendants because they received investor funds.

“Unknowing investors were led to believe that Abatement Corp. and Laurer were watching out for their financial best interests when, in fact, they were callously stealing their hard-earned money,” said Eric I. Bustillo, Director of the SEC’s Miami Regional Office.

DealBook P.M. Edition - September 16, 2014: Judge Rejects Wall Street's Suit Against Regulator.

For the latest updates, go to »
Timothy G. Massad, chairman of the Commodity Futures Trading Commission, at a Senate panel on Wall Street reform.
Judge Rejects Wall Street's Suit Against Regulator The ruling on overseas swaps is a victory for the Commodity Futures Trading Commission.
For the latest updates, go to »
In 2011, federal prosecutors charged Matthew Kluger, a former Wilson Sonsini attorney, with taking part in an insider trading conspiracy.
Employee of Law Firm Wilson Sonsini Charged With Insider Trading For the second time in three years, federal authorities have charged an employee of Wilson Sonsini Goodrich & Rosati, a prominent law firm, with using confidential information about corporate deals to make illegal stock trades.
Deal Professor: For RadioShack, a History of MissesThe electronics retailer could have been today's Amazon, but instead it lunged repeatedly in multiple directions, seeking to master one new concept after another.
Pioneer's D.J. equipment is sold to clubs like Booom Ibiza.
Reuters Breakingviews: Abenomics Meets Ibiza in K.K.R.'s Latest Investment K.K.R.'s purchase of Pioneer's D.J. audio equipment business is the modern-day equivalent of providing gold-rush pickaxes to participants in the rave rush, Jeffrey Goldfarb writes in Reuters Breakingviews.
Alibaba is scheduled to become a publicly traded company later this week.
Another View: Alibaba's Governance Leaves Investors at a Disadvantage As Alibaba readies to go public, it is important for public investors to be aware of serious corporate governance issues involving the company, Lucian Bebchuk writes in Another View.
Alibaba has raised the price range for its initial public offering to $66 to $68 for each American depositary share, up from $60 to $66.
Reuters Breakingviews: Alibaba's Small Increase in I.P.O. Price Is Puzzling It surprising is that Alibaba lifted the maximum price for its coming stock market debut by just $2 in the wake of what has been described as "overwhelming" demand from investors, Peter Thal Larsen writes in Reuters Breakingviews.
Chiquita Offers Concessions to European Regulators for Fyffes Merger Chiquita and Fyffes didn't disclose the concessions they were willing to make. Their announcement comes as two Brazilian companies are pursuing their own bid for Chiquita.
Hedge fund billionaire Edward S. Lampert, the chief of Sears, in 2004.
Sears Turns to Its Chief for a Loan Sears is borrowing $400 million from its chief, the billionaire Edward S. Lampert, through his hedge fund.
Amaranth Advisors' trading floor in Greenwich, Conn., in 2006.
Former Amaranth Trader Settles Manipulation Suit A former energy trader at a Connecticut hedge fund that collapsed in 2006 after losing $6.6 billion on natural gas has agreed to pay $750,000 to settle a regulator's lawsuit.
Alisher B. Usmanov controls Takes Full Ownership of VKontakte, Russia's Largest Social Network The deal for Vkontakte ends tensions between the social network's minority shareholders and Alisher B. Usmanov, the Russian billionaire who controls
A helicopter by Airbus at a military fair in Kielce, Poland.
Airbus Seeks to Sell Some Defense and Space Operations As part of restructuring, the European aerospace giant is looking to sell its professional mobile radio and commercial satellite communication business, among others.
Fed Meets to Hash Out End of Stimulus Program The Federal Reserve's policy-making committee intends to stop expanding its bond holdings in October, and Janet L. Yellen, the Fed's chairwoman, has a chance to explain what comes next when she holds a news conference on Wednesday. The timetable, however, is likely to remain uncertain until next year.
Alibaba Roadshow Ends With Anticipated I.P.O. The Alibaba Group, the Chinese e-commerce company, is heading around the world this week in its effort to raise more than $21 billion for its initial public offering, one of the biggest on record. The company is expected to price its shares on Thursday evening - after closing its order books earlier than originally scheduled - and would probably begin trading on the New York Stock Exchange on Friday under the ticker symbol "BABA."
Scotland Goes to Polls Over Divorce From U.K. Voters in Scotland will decide on Thursday whether to break away from the United Kingdom after 307 years of union. Tightening polls suggest the outcome is very much uncertain, as are the answers to important questions like what currency an independent Scotland would use and how much market and economic upheaval a yes vote could create. With polls closing at 10 p.m. and a record turnout expected, the results are not likely to be declared until Friday morning.
For the latest updates, go to »

NYT | Politics - September 16, 2014: Health Law Falls Flat With Kentucky Voters, Even Those It Helps

The New York Times

September 16, 2014


Jean Varble, 65, left, from Louisville, stopped by an information booth run by Kynect, the state's health insurance marketplace. 

Health Law Falls Flat With Kentucky Voters, Even Those It Helps

Although expanded coverage made the state an early success story, there is little evidence it will help Democrats there in the midterm elections.
The White House has secured voluntary agreements from some of the nation's largest companies to scale down or phase out their use of factory-made gases used in air conditioning and refrigeration. 

U.S. Moves to Reduce Global Warming Emissions

The Obama administration is moving to cut emissions of hydrofluorocarbons, or HFCs, powerful greenhouse gases that contribute to climate change.

More Politics

House Expected to Vote on Training Syrian Rebels to Fight ISIS

Republicans will insist on a careful accounting of how the plan fits into a larger strategy to defeat the militant group.
The body of a man thought to have died of Ebola on a Monrovia, Liberia, street on Monday. The Liberian president has implored President Obama to do more.

U.S. to Commit Up to 3,000 Troops to Fight Ebola in Africa

Under pressure to do more to confront the Ebola outbreak sweeping across West Africa, President Obama is expanding military and medical resources to combat the spread of the deadly virus.
A border agent on patrol.

U.S. Pushes Back Against Warnings That ISIS Plans to Enter From Mexico

Counterterrorism officials said they are far more concerned that a militant will enter the country in a quite typical way: legally, on a commercial airline flight.
Russell Pearce, a former state senator, stepped down as the Arizona Republican Party's first vice chairman after several fellow Republicans running for statewide office denounced his comments.

Arizona Republican Official Resigns After Remarks About Medicaid Recipients

Russell Pearce, who had been a polarizing figure on the immigration issue, said he was quoting someone else in calling for birth control for those getting Medicaid.
Eleanor Holmes Norton, Washington's nonvoting delegate in the House, and Mayor Vincent C. Gray on Monday.

District of Columbia Officials Push for Statehood at a Senate Committee Hearing

It was the first congressional hearing on the issue in more than two decades, with the first bill introduced in the House in 1983.

Bill Targets Pro Sports Leagues' Tax-Exempt Status

Senator Cory Booker, Democrat of New Jersey, has introduced the bill, which would disallow leagues, most notably the N.F.L., from claiming status as tax-exempt nonprofits.

The Upshot

The police investigated a triple homicide in Queens earlier this month. Despite public perception, the decline in violent crime is one of the most striking trends in recent decades.

Perceptions Haven't Caught Up to Decline in Crime

The decrease in violent crime is one of the most striking trends over recent decades, but that wasn't reflected in a recent YouGov online panel.

For Inspiration in Creating College Ratings, Look to Health Care

A cautionary tale as the Obama administration prepares a system that it hopes will improve college quality and hold down tuition costs.


VIDEO: Hillary Clinton at Steak Fry in Iowa
Hillary Rodham Clinton made a high-profile appearance at the Harkin Steak Fry in Iowa and touched on topics including her soon-to-arrive grandchild and a possible presidential run in 2016.
INTERACTIVE GRAPHIC:Elections 2014: Make Your Own Senate Forecast
Create and share your own forecast for who will win the midterm elections.

WSJ | Biggest Gainers Closing on September 16, 2014.

Biggest Gainers Closing
Biggest Gainers
4:46 pm ET 09/16/2014
Glimcher Realty Trust (GRT)56,194,322$13.753.1629.84
PBF Logistics (PBFX)647,86727.552.7411.04
Bill Barrett (BBG)4,231,74323.472.1810.24
Teekay Tankers (TNK)737,4824.220.379.61
BBVA Banco Frances ADS (BFR)788,82113.141.109.14
Empresa Distribuidora y Comercializadora Norte Cl B ADS (EDN)222,19012.841.048.81
Transalta (TAC)371,34611.150.716.80
U.S. Silica Holdings (SLCA)2,436,95170.904.396.60
Vaalco Energy (EGY)1,339,1639.110.556.43
Centrais Eletricas Brasileiras ADS (EBR)750,6443.330.206.39
Petroleo Brasileiro ADS A (PBRA)24,803,51018.521.116.38
Pandora Media (P)9,893,36027.571.656.37
Mobileye (MBLY)7,800,80850.562.966.22
Pennsylvania Real Estate Investment Trust (PEI)1,299,02320.451.196.18
Portugal Telecom ADS (PT)1,269,1232.260.136.10
Petroleo Brasileiro ADS (PBR)52,946,14517.510.975.86
MaxLinear (MXL)548,5457.450.415.82
Rex American Resources (REX)347,73890.574.975.81
Trulia (TRLA)1,250,72756.513.095.78
LifeLock (LOCK)1,733,61415.030.795.55
FleetMatics Group (FLTX)564,49531.401.635.48
Endeavour Silver (EXK)1,378,3845.310.275.36
Banco Macro ADS (BMA)175,93341.572.105.32
YPF ADS (YPF)1,670,06437.551.865.21
Spansion Cl A (CODE)2,417,58422.681.105.10
Vimicro International ADS (VIMC)7,251,963$8.281.6324.51
Empire Resorts (NYNY)296,1065.050.8921.39
Willdan Group (WLDN)659,82312.722.0819.55
Novatel Wireless (NVTL)709,6052.870.3513.89
Town Sports International Holdings (CLUB)738,7856.880.558.69
Ambarella (AMBA)1,842,68237.022.607.55
Entropic Communications (ENTR)4,005,7782.940.207.30
Parnell Pharmaceuticals Holdings (PARN)192,8535.900.407.27
Achillion Pharmaceuticals (ACHN)5,156,81611.860.807.23
Sky-mobi ADS (MOBI)760,1898.840.587.02
Ovascience (OVAS)120,74616.051.046.93
B Communications (BCOM)3,63321.611.366.72
Cadiz (CDZI)161,82312.370.746.36
Zillow Cl A (Z)2,385,907133.367.726.14
Papa Murphy's Holdings (FRSH)140,01610.760.626.11
TubeMogul (TUBE)233,72412.330.716.11
ChyronHego (CHYR)555,8873.300.196.11
Radius Health (RDUS)70,24314.880.866.09
Enphase Energy (ENPH)708,47316.980.976.06
TrueCar (TRUE)1,606,14819.851.105.87
Warren Resources (WRES)1,055,7866.170.335.57
Insys Therapeutics (INSY)458,67833.411.665.23
DryShips (DRYS)11,629,2293.020.155.23
Papa John's International (PZZA)1,024,02840.451.955.06
Lawson Products (LAWS)67,86819.520.945.06
ELEMENTS ETN-SPECTRUM Large Cap U.S. TR (EEH)18,431$63.5015.5032.29
Direxion Daily Brazil Bull 3X Shares (BRZU)195,61025.822.008.40
Direxion Daily Latin America Bull 3X Shares (LBJ)52,15227.641.977.67
VelocityShares 3x Long Crude ETN (UWTI)52,19329.201.716.22
ProShares Ultra MSCI Brazil (UBR)14,35955.623.256.21
Direxion Daily Semiconductor Bull 3X Shares (SOXL)102,863116.355.745.19
VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (UGAZ)5,862,13915.510.734.94
ProShares Short VIX Short-Term Futures ETF (SVXY)1,131,28585.203.914.81
Direxion Daily Natural Gas Related Bull 3x Shares (GASL)117,41832.711.464.67
Direxion Daily Junior Gold Miners Index Bull 3X Shares (JNUG)4,368,77219.060.834.55
Direxion Daily Russia Bull 3x Shares (RUSL)801,27915.120.634.35
ProShares Ultra Bloomberg Crude Oil (UCO)1,058,12131.871.244.05
Teucrium Sugar Fund (CANE)3,37913.650.534.04
Direxion Daily Healthcare Bull 3X Shares (CURE)68,256105.343.993.94
Direxion Daily Emerging Markets Bull 3x Shares (EDC)1,695,43132.371.203.85
Direxion Daily Retail Bull 3x Shares (RETL)2,51277.802.843.79
Direxion Daily South Korea Bull 3X Shares (KORU)3,88851.661.873.76
Direxion Daily Energy Bull 3x Shares (ERX)504,975110.523.913.67
ProShares Ultra Bloomberg Natural Gas (BOIL)177,66235.101.143.36
ProShares Ultra Semiconductors (USD)5,27584.002.663.27
Global X Brazil Consumer ETF (BRAQ)4,75617.710.553.20
iShares MSCI Brazil Capped ETF (EWZ)35,522,34849.811.442.98
Direxion Daily Real Estate Bull 3x Shares (DRN)80,11257.781.642.92
Deutsche X-trackers MSCI Brazil Hedged Equity ETF (DBBR)12,05116.150.462.91
iShares MSCI Turkey ETF (TUR)518,70153.841.492.85
InfoSonics (IFON)3,733,655$3.210.8536.02
ELEMENTS ETN-SPECTRUM Large Cap U.S. TR (EEH)18,43163.5015.5032.29
Sino-Global Shipping America (SINO)30,244,4033.290.7831.05
Glimcher Realty Trust (GRT)56,194,32213.753.1629.84
Vimicro International ADS (VIMC)7,251,9638.281.6324.51
Empire Resorts (NYNY)296,1065.050.8921.39
Willdan Group (WLDN)659,82312.722.0819.55
SinoCoking&Coke Chemical Industries (SCOK)14,837,3616.451.0519.44
Fonar (FONR)429,99013.181.7415.21
Novatel Wireless (NVTL)709,6052.870.3513.89
Andatee China Marine Fuel Services (AMCF)703,8323.310.4013.75
Akers Biosciences (AKER)18,0344.760.5412.80
PBF Logistics (PBFX)647,86727.552.7411.04
Skyline (SKY)49,6062.770.2710.80
Abraxas Petroleum (AXAS)4,485,3905.750.5610.79
Sysorex Global Holdings (SYRX)59,4713.100.2910.32
Bill Barrett (BBG)4,231,74323.472.1810.24
Immune Pharmaceuticals (IMNP)67,8773.600.3310.09
Teekay Tankers (TNK)737,4824.220.379.61
BBVA Banco Frances ADS (BFR)788,82113.141.109.14
Empresa Distribuidora y Comercializadora Norte Cl B ADS (EDN)222,19012.841.048.81
Town Sports International Holdings (CLUB)738,7856.880.558.69
Allied Nevada Gold (ANV)5,025,6823.910.318.61
Sunshine Heart (SSH)733,4926.320.498.40
Direxion Daily Brazil Bull 3X Shares (BRZU)195,61025.822.008.40
See All Gainers
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