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Obama’s Immigration Actions Do Have Limits – Abc News

One option under consideration would remove the upper age limit so applicants don’t have to be under 31. Obama’s steps, however, would not include the parents of those young immigrants ? a move many advocates had vigorously encouraged him to take. He also was not including special protections for farm workers sought by (visit site) the United Farm Workers, though the provisions in his plan would allow up to 250,000 farm workers to be eligible for work permits, according to Giev Kashkooli, the UFW’s national political legislative director. As far-reaching as Obama’s steps would be, they fall far short of what a comprehensive immigration overhaul passed by the Senate last year would have accomplished.
Source: http://abcnews.go.com/Politics/wireStory/obamas-immigration-actions-limits-27045013

Obama immigration action has its limits, leaving unresolved the status of millions | Star Tribune

Passing a more moderate immigration bill in the next Congress allowing for more visas for certain skilled workers and beefing up border security would show that the GOP is effective at governing and may boost the party ahead of the 2016 election, Valliere added. Passing a comprehensive immigration reform bill through Congress has eluded the last two presidents. And an executive order can dash any hopes for compromise in the new Congress. Michael Steel, Boehner’s press secretary, said, “If ‘Emperor Obama’ ignores the American people and announces an amnesty plan that he himself has said over and over again exceeds his constitutional authority, he will cement his legacy of lawlessness and ruin the chances for congressional action on this issue and many others. In June 2012, Obama issued an executive order allowing some young illegal immigrants who arrived as children to delay deportation proceedings and apply for work authorization. Extending that order by two years won’t confer lawful status on illegal immigrants but will offer another reprieve from deportation.
Source: http://finance.yahoo.com/news/obama-act-alone-immigration-triggering-230100099.html

Obama to address nation on plan to overhaul immigration system – LA Times

In a minute-long video on Facebook, Obama said he will address the nation Thursday about actions he can take himself “even as I continue to work with Congress” to come up with a legislative solution to the problems with the current immigration system. Caption Helicopter search Michael Robinson Chavez / Los Angeles Times The Border Patrol searches a sugar cane field outside McAllen, Texas, for people crossing into the U.S. illegally from Mexico. The Supreme Court has said the executive branch can decide whom to deport. The Border Patrol searches a sugar cane field outside McAllen, Texas, for people crossing into the U.S. illegally from Mexico.
Source: http://www.latimes.com/nation/la-na-obama-immig-20141119-story.html?track=rss

Obama To Act Alone On Immigration — Triggering Firestorm – Yahoo Finance

“We would not oppose moving forward with additional sanctions,” he said. In July, Washington barred a group of Venezuelan officials, including government ministers and presidential advisers, from the United States after accusing them of abuses in the crackdown on protests against President Nicolas Maduro this spring. But the State Department did not say who would be denied entry and said the measures did not amount to sanctions against Venezuela. Pointing to those measures, Blinken told the senators: “We would look forward to working with you to go further.” In Venezuela’s worst unrest in a decade, 43 people were killed and several thousand were arrested in months of demonstrations spearheaded by hard-line opposition and student leaders at the start of this year. Maduro has condemned talk of sanctions from Washington.
Source: http://news.yahoo.com/obama-administration-back-sanctions-against-venezuela-official-001259687.html

Obama administration would back sanctions against Venezuela: official – Yahoo News

He also was not including special protections for farm workers sought by the United Farm Workers, though the provisions in his plan would allow up to 250,000 farm workers to be eligible for work permits, according to Giev Kashkooli, the UFW’s national political legislative director. As far-reaching as Obama’s steps would be, they fall far short of what a comprehensive immigration overhaul passed by the Senate last year would have accomplished. The House never voted on that legislation. It would have set tougher border security standards, increased caps for visas for foreign high-skilled workers and allowed the 11 million immigrants illegally in the country to obtain work permits and begin a 10-year path toward a green card and, ultimately, citizenship. “This is not the way we want to proceed. It will not solve the problem permanently,” White House communications director Jennifer Palmieri said Thursday on MSNBC.
Source: http://www.startribune.com/politics/283305451.html

Obama to act unilaterally on immigration, irking Republicans – Yahoo News

There is also expected to be a border security element and Obama will act to help companies hire and retain high-skilled workers from abroad, the sources said. Obama’s move is his most defiant step yet in reaction to the elections handing control of the Senate to Republicans. The new political order in Washington will test Obama’s ability to make compromises with his opponents. An NBC News/Wall Street Journal poll found 48 percent would prefer Obama not act on his own, while 38 percent support it and 14 percent had no opinion or were unsure. The last major immigration overhaul that expanded the number of legal migrants was in 1986 through legislation signed by Republican President Ronald Reagan.
Source: http://news.yahoo.com/obama-act-unilaterally-immigration-irking-republicans-000509564.html

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Stocks Open Lower, Easing Back From Records – La Times

what is a good stock to buy right now Wednesday. The Dow Jones industrial average lost 28 points, or 0.2 percent, to 17,658. The Nasdaq composite fell 16 points, or 0.3 percent, to 4,686. Later Wednesday, investors will look over minutes from the U.S.
Source: http://www.latimes.com/business/la-fi-wall-street-20141119-story.html?track=rss

STOCKS SLIP: Here’s What You Need To Know – Yahoo Finance

rose .9 percent to $4.28 with 12,289,900 shares traded. Bank of America Corp. fell .9 percent to $15.89 with 33,516,900 shares traded. CBS Corp. B fell .7 percent to $63.82 with 22,905,700 shares traded.
Source: http://news.yahoo.com/most-active-york-stock-exchange-220242820.html

Most active New York Stock Exchange-traded stocks – Yahoo News

Participants are watching the small-cap average closely. It led the market into its recent selling mess and it wants to be sure that it is going to help lead it out of it. The Russell 200 outperformed on Wednesday and Thursday, so its lackluster performance on Friday versus the blue-chip averages may have just been a case of traders spreading the “rebound wealth.” Still, market participants will be looking for the Russell 2000 to find its rebound stride come Monday or doubts may start to creep in that the broader rebound effort in the latter part of the week wasn’t built to last. This Friday belonged mostly to the large-cap stocks.
Source: http://finance.yahoo.com/news/tech-stocks-briefing-com-230025483.html

Stocks remain flat – NASDAQ.com

First, the scoreboard: S&P 500: 2,048.7, -3, (-0.1%) Nasdaq: 4,675.7, -26.7, (-0.6%) And now, the top stories on Wednesday: 1. The biggest story on Wednesday was the Fed. The minutes from the October FOMC meeting were released at 2:00 pm ET, showing that the Fed is keeping an eye on the market’s inflation expectations as well as what the Fed called a “somewhat weaker” outlook in Europe, China, and Japan. The minutes also showed considerable disagreement within the Fed over how it will communicate to the market its intentions to raise interest rates.
Source: http://finance.yahoo.com/news/stocks-slip-heres-know-210047395.html

Tech Stocks from Briefing.com – Yahoo Finance

The Dollar is up against the Euro and the Yen. Best Buy Co., Inc . ( BBY ), Sprint Corporation ( S ) and Mallinckrodt public limited company ( MNK ), are up, and Cliffs Natural Resources Inc. ( CLF ), Sony Corporation ( SNE ) and BlackBerry Limited ( BBRY ) are down. Michael Haden is an Options Analyst at InvestorsObserver . He graduated from James Madison University in 1986 with a degree in Marketing.
Source: http://www.nasdaq.com/article/stocks-remain-flat-cm415301

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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

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Midterms 2014: Obama Emerges To Make 11th-hour Pitches For Democrats | Fox News

We already know Barack Obamas policies are on the ballot in this election because he told us that himself. But, his new ad for Charlie Crist today means Charlie Crist wants you to know that too, the Scott campaign also said. Obama, whose approval rating is at about 42 percent, largely has stayed off the campaign trail, save for his de facto role as chief party fundraiser. However, he (visit) made stops this past weekend in Connecticut for Gov. Dan Malloy and in Pennsylvania for gubernatorial challenger Tom Wolf, both Democrats.
Source: http://www.foxnews.com/politics/2014/11/04/obama-emerges-on-airwave-to-make-final-hour-pitches-for-fellow-democrats/

Obama to Visit China, Myanmar, Australia Next Week – ABC News

Two days from now, you get to choose your future, Obama said early in his 20-minute speech after an introduction from Wolf. If you came to this rally unsuspecting, you should already know that theres an election and you are planning to vote. Otherwise, you thought there was a basketball game here, and that is not the case. Obama discussed Wolfs background in business while portraying him as a nice guy and not a professional politician. He also touched on issues like income equality and climate change. Tom has proven that when the going gets tough, hes got your back, Obama said. When Obama discussed education, the crowd was particularly loud. After a critique of Republican leadership and leading the crowd in a chant of, vote, vote, vote, Obama discussed the importance of casting a ballot.
Source: http://temple-news.com/news/obama-visits-polls-open/?utm_source=rss&utm_medium=rss&utm_campaign=obama-visits-polls-open

Obama to confront Xi Jinping on Chinese cyberspying – Washington Times

One of the most recent high-profile cyberattacks linked to China includes the theft of data on U.S. F-22 and F-35 fighter jets, as well as Boeings C-17 cargo plane. Su Bin, formerly of the Chinese aviation firm Lode Technologies, was arrested in Canada in June at the request of the FBI. He and two other two Chinese-based co-conspirators are accused of stealing a treasure trove of data from Boeing and other contractors in Europe. U.S.
Source: http://www.washingtontimes.com/news/2014/nov/4/obama-to-confront-xi-jinping-on-chinese-cyberspyin/?utm_source=RSS_Feed&utm_medium=RSS

Obama visits, polls open – The Temple News

The itinerary includes a state visit with Chinese President Xi Jinping (shee jihn-peeng). While in China, Obama will attend the APEC Leaders Meeting and the APEC CEO Summit. In Myanmar, formerly known as Burma, Obama will attend the East Asia Summit and the U.S.-ASEAN Summit in the remote capital Naypyidaw and meet with President Thein Sein. In the main city of Yangon, Obama is scheduled to meet with Myanmar’s opposition leader, Aung San Suu Kyi (ahng sahn soo chee). Finally, in Brisbane, Australia, Obama will participate in the Group of 20 Leaders Summit. He’ll also deliver a speech on U.S.
Source: http://abcnews.go.com/Politics/wireStory/obama-visit-china-myanmar-australia-week-26680632

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Emerging Markets-emerging Stocks Lifted By Japan Stimulus Jolt – Yahoo Finance

Stocks Experiencing Choppy Trading, Dow Boosted By Visa – U.S. Commentary – NASDAQ.com

“Overall we are through this uncertainty we have seen two weeks ago,” Christensen said. The upbeat mood was supported by U.S. GDP data on Thursday showing a surge in third quarter economic growth and Ukraine, Russia and the EU clinching a deal that will see Moscow resume vital gas deliveries to its neighbour in return for payments funded in part by Kiev’s Western creditors. In Russia, where investors nervously awaited the outcome of a central bank meeting, the dollar-based RTS index traded flat while the rouble-denominated MICEX index powered up 1.2 percent with both were on track for large weekly gains after ending the previous seven days in the red. Following a roller-coaster ride on Thursday, which saw the rouble gain as much as 5 percent, the currency weakened 1.5 percent against the dollar in early trading.
Source: http://finance.yahoo.com/news/emerging-markets-emerging-stocks-lifted-103101771.html

US stocks open higher, following gains in Asia – Yahoo Finance

While the French CAC 40 Index is up by 2.1 percent, the German DAX Index is up by 1.9 percent and the U.K.’s FTSE 100 Index is up by 1.1 percent. In commodities trading, crude oil futures are sliding $1.02 to $80.10 a barrel after falling by $1.08 to $81.12 a barrel on Thursday. An ounce of gold is currently trading at $1,165.70, down $32.90 from the previous session’s close of $1,198.60. On Thursday, gold slumped $26.30.
Source: http://www.rttnews.com/story.aspx?Id=2408102

Stocks May Open Sharply Higher On Bank Of Japan Decision – U.S. Commentary

The S&P 500 has also edged up 4.31 points or 0.2 percent to 1,986.61, while the tech-heavy Nasdaq is down 5.64 points or 0.1 percent at 4,543.58. The lackluster performance on Wall Street comes after the major averages ended the previous session modestly lower following the Fed’s monetary policy announcement. While the Fed brought an end to its asset purchase program as anticipated, the central bank’s statement was seen as more hawkish than many expected. In a somewhat surprising move, the Fed said labor market indicators suggest “underutilization of labor resources is gradually diminishing” after previously warning about persistent slack in the labor market.
Source: http://www.nasdaq.com/article/stocks-experiencing-choppy-trading-dow-boosted-by-visa–us-commentary-20141030-01265

Tricky October Ends With A Treat For Stocks – Forbes

stocks are opening higher following big gains in Asia after Japan made moves to rev up its economy. The Standard & Poor’s 500 index rose 18 points, or 0.9 percent, to 2,012 as of 9:35 a.m. Eastern time Friday. The Dow Jones industrial average http://www.todayhotstocks.com rose 148 points, or 0.8 percent, to 17,346. The Nasdaq composite rose 67 points, or 1.5 percent, to 4,633.
Source: http://finance.yahoo.com/news/us-stocks-open-higher-following-133635440.html

Right around then a pair of Bear Stearns hedge funds imploded in the first tremors of the financial crisis, but I swear the recession isn’t my fault. Armed with only a basic knowledge of Wall Street at the start, after a few thousand stories I’ve got a pretty good handle on this business. My contributions to the Forbes brand don’t end when I leave the office either: I’m also a two-time MVP of the Forbes .400 softball team. Tips, story ideas, criticism, questions?
Source: http://www.forbes.com/sites/steveschaefer/2014/10/31/tricky-october-ends-with-a-treat-for-stocks/

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Stocks Surge After Bank Of Japan Takes Stimulus Baton From Fed – Forbes

Stocks up on GDP, earnings | New Hampshire Business

The Dow was up overover 150points and hit to an intraday record of 17,381. The S&P 500 added 19 points, or 1%, touching a record 2,015 and the Nasdaq surged 62 points, or blog url 1.4%. These gains pad returns for what has been a very choppyOctober, with markets roiled over volatility amidconcernsabout Ebola, ISIS and sluggish global growth. Japans Nikkei rallied almost 5% after the BoJ upped the size of its annual asset-buying program to 80 trillion yen (more than $700 billion).
Source: http://www.forbes.com/sites/laurengensler/2014/10/31/dow-hits-intraday-record-stocks-rally-on-boj-news/

Analysts cited mutual funds purchases of the best performing stocks for the run in those sectors, as funds close their books for the year at the end of this month. Healthcare and utilities are both up nearly 20 percent year-to-date. Healthcare also got a boost by Bristol-Myers Squibb, up 8.9 percent to $58.98 after results from an experimental clinical trial on a lung cancer drug were encouraging. Gross domestic product grew at a 3.5 percent annual rate in the third quarter, beating expectations.
Source: http://www.unionleader.com/article/20141030/NEWS02/141039824&source=RSS

Stocks Rally, Finish Week Higher as Bank of Japan Raises Stimulus Program – NASDAQ.com

After voting to add another trillion yen to the Japanese economy to battle lingering deflationary pressures, Japan’s central bank kicked off a global equity rally that fueled a near 5% gain in the Nikkei and a roughly 2% gain across Europe. The rally spilled into the U.S. where equities were already poised for a positive end to a tumultuous week thanks to upbeat earnings from Exxon Mobile ( XOM ), GoPro ( GPRO ), and LinkedIn ( LNKD ). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.
Source: http://www.nasdaq.com/article/stocks-rally-finish-week-higher-as-bank-of-japan-raises-stimulus-program-cm408944

STOCKS FALL AFTER THE FED ENDS QE: Here’s What You Need To Know – Yahoo Finance

Energy, semiconductor, and trucking stocks has also come under pressure on the day, with energy stocks moving lower along with the price of crude oil. Other Markets In overseas trading, stock markets across the Asia-Pacific region turned in a mixed performance during trading on Thursday. Japan’s Nikkei 225 Index advanced by 0.7 percent, while Hong Kong’s Hang Seng Index fell by 0.5 percent. The major European markets have all turned higher over the course of the session.
Source: http://www.nasdaq.com/article/stocks-experiencing-choppy-trading-dow-boosted-by-visa–us-commentary-20141030-01265

Stocks Experiencing Choppy Trading, Dow Boosted By Visa – U.S. Commentary – NASDAQ.com

In an email following the Fed’s announcement, Chris Rupkey, chief financial economist at MUFG, said he thinks the Fed could raise rates sooner than expected given the strength in the labor market. 2. Following the announcement, markets sold off, but regained most of those losses and finished slightly lower on the day. The dollar, however, staged a big rally after the announcement, gaining against the yen, the euro, and the pound. 3. In stock news, Facebook was a big loser on Wednesday, falling more than 6% after saying on its Tuesday earnings conference call that 2015 would be a year of investment for the company with expenses expected to rise 50%-70% during the year.
Source: http://finance.yahoo.com/news/stocks-fall-fed-ends-qe-200016798.html

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Stocks Up On Gdp, Earnings | New Hampshire Business

Stocks get big boost from Bank of Japan | Long Island Business News

Healthcare and utilities are both up nearly 20 percent year-to-date. Healthcare also got a boost by Bristol-Myers Squibb, up 8.9 percent to $58.98 after results from an experimental clinical trial on a lung cancer drug were encouraging. Gross domestic product grew at a 3.5 percent annual rate in the third quarter, beating expectations. A separate report showed first-time applications for unemployment benefits rose marginally last week, but a measure of underlying trends hit its lowest level since May 2000 in a show of labor market strength. The Dow Jones industrial average rose 221.11 points, or 1.3 percent, to 17,195.42, the S&P 500 gained 12.35 points, or 0.62 percent, to 1,994.65 and the Nasdaq Composite added 16.91 points, or 0.37 percent, to 4,566.14.
Source: http://www.unionleader.com/article/20141030/NEWS02/141039824&source=RSS

Stocks get a boost from Japan; Consumers rein in spending; Starbucks to offer delivery service | Hot Stock Minute – Yahoo Finance

The Dow Jones industrial average rose 184 points, or 1.1 percent, to 17,380 as of 11:27 a.m. Eastern time. The Standard & Poors 500 index rose 21 points, or 1.1 percent, to 2,016 and the Nasdaq composite rose 63 points, or 1.4 percent, to 4,629. Both the Dow and the S&P 500 are back at record highs and the Nasdaq composite is at its highest level in 14 years.
Source: http://libn.com/2014/10/31/stocks-get-big-boost-from-bank-of-japan/

Stocks Rally As Bank of Japan Tops Off the Punch Bowl, Consumer Confidence Jumps – NASDAQ.com

stocks skyrocketed Friday popular stocks to buy today after the Bank of Japan stunned financial markets by raising its monetary stimulus program by more than 100 trillion yen and the country’s massive Government Pension Investment Fund said it will more than double its holdings of foreign investments. Led by gains in component companies Exxon Mobil ( XOM ) and Intel ( INTC ), the Dow Jones Industrial Average today touched a new, all-time high. Strength in chipmakers like Intel and Applied Micro Circuits ( AMCC ) fueled the Nasdaq Composite index to a post-Internet bubble high while the S&P 500 was flirting with its record high after piercing 2,000 for the first time in six weeks. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.
Source: http://www.nasdaq.com/article/stocks-rally-as-bank-of-japan-tops-off-the-punch-bowl-consumer-confidence-jumps-cm408756

Meantime, income edged up a less-than-expected 0.2% in September. About Hot Stock Minute Live from the NASDAQ MarketSite in Times Square, our video series “Hot Stock Minute” prepares you for the trading day with a look at whats moving ahead of the opening bell. Looking to buy? Thinking of selling? Want to be sure youre happy with your holdings?
Source: http://finance.yahoo.com/blogs/hot-stock-minute/stocks-get-a-boost-from-japan–a-new-report-on-consumers–starbucks-to-offer-delivery-service-115605044.html