Cleveland Browns, Trading Trent Richardson, Look To Future — Again

In trading running back Trent Richardson to the Indianapolis Colts for a first-round pick in 2014, they pitched last year’s No. 3 pick two games into the season and treated their real-life NFL franchise the way I handle my fantasy team. Don’t like the results? Start trading!
Source: http://www.latimes.com/sports/football/nfl/la-sp-farmer-nfl-browns-20130920,0,1858110.column

Through its J Aron commodities unit – where Blankfein got his start at the bank – Goldman is one of the biggest names in the commodity business. A series of acquisitions in the past few years gave Morgan Stanley a bigger physical presence and JPMorgan far more personnel. J Aron has a lower-profile role in many physical oil and metal markets than its two chief rivals, and the bank sold off its power plant unit last year. Still, Goldman has footholds in several markets, including a deal to supply crude and market fuel with refiner Alon USA Energy (ALJ.N), and owns metals warehouse firm Metro International Trade Services.
Source: http://www.reuters.com/article/2013/09/18/us-goldman-commodities-idUSBRE98H0N020130918

JPMorgan fined $920 million in ‘London Whale’ trading loss

Finance Ministry and will not increase or fund regulators’ budgets. The SEC does have the ability to use some of the fine money to compensate investors who can prove they were hurt by JPMorgan’s actions. But no such trading losses have yet been established. The money-losing trade was made with JPMorgan funds, not customers’ assets. None of the bank’s customers were hurt by the trading.
Source: http://money.cnn.com/2013/09/19/investing/jpmorgan-london-whale-fine/index.html

ClubCorp Rises in 1st Day Trading on the NYSE

Alternatively, copies may be obtained from Jefferies LLC, Attention: Prospectus Department, 520 Madison Avenue, 12th Floor, New York, NY 10022 (or by email to Prospectus_Department@Jefferies.com ) or Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attn: Prospectus Department (or by email: prospectus@morganstanley.com ). This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. These securities will be offered only by means of a prospectus, including the prospectus supplement relating to the shares of common stock, meeting the requirements of Section 10 of the Securities Act of 1933, as amended. About Baltic Trading Limited Baltic Trading Limited is a drybulk company focused on the spot charter market.
Source: http://finance.yahoo.com/news/baltic-trading-limited-prices-common-124900634.html

Baltic Trading Limited Prices Common Stock Offering

priced the initial public offering of 18 million shares at $14 each. That’s below the projected range of $16 http://www.etftradingsignals.com to $18 per share, according to a regulatory filing. ClubCorp offered 13.2 million shares. A selling stockholder affiliated with KSL Capital Partners LLC sold 4.8 million shares.
Source: http://abcnews.go.com/Business/wireStory/clubcorp-rises-1st-day-trading-nyse-20317899

Student-loan Providers Rapidly Dwindling

He doesn’t know. “Is the job security going to be there to see it through?” Many students and parents aren’t even aware that loan-forgiveness programs exist, though. A federal consumer watchdog agency is trying to bring more light to the federal Public Service blog Loan Forgiveness program, which was created by Congress in 2007. Tyler Shelton, 23, who just started graduate school for urban planning at Wayne State University in Detroit, said he’s never even heard of loan-forgiveness programs. But if it works, he might consider it as an option to deal with what could end up at $50,000 in student loan debt.
Source: http://www.usatoday.com/story/money/columnist/tompor/2013/09/07/student-loan-debt-forgiveness-programs/2763251/

Obama is visiting Ohio to tour local businesses and hold a town hall meeting on jobs and the economy. AFP PHOTO / Saul LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images) US President Barack Obama bumps fists wi US President Barack Obama bumps fists with a school children after reading Christams book ‘The Polar Express’ to an audience of elementary school children at the Richard England Clubhouse and Community Center in Washington, DC, on December 21, 2009. AFP PHOTO/Jewel SAMAD (Photo credit should read JEWEL SAMAD/AFP/Getty Images) US President Barack Obama fist-bumps wit US President Barack Obama fist-bumps with a supporter after speaking at a fundraiser for Senator Michael Bennet February 18, 2010 at the Fillmore Auditorium in Denver. AFP PHOTO/Mandel NGAN (Photo credit should read MANDEL NGAN/AFP/Getty Images) US President Barack Obama (2nd-R) fist b US President Barack Obama (2nd-R) fist bumps with Marvin Nicholson as he plays golf at Farm Neck Golf Club in Oak Bluffs on Martha’s Vineyard, Massachusetts, on August 26, 2010. The US First Family is vacationing on the Island until August 29. AFP PHOTO/Jewel Samad (Photo credit should read JEWEL SAMAD/AFP/Getty Images) President And Mrs.
Source: http://www.huffingtonpost.com/2013/09/11/income-based-repayment_n_3903208.html

But the number of borrowers from the Ivy League school who are actually in trouble is minuscule, underscoring why students and their families might not want to pay much attention to default rates when choosing a college. Heres the reality: Just three repaying borrowers from Princeton are in default from the period mentioned above versus five from MIT , according to the Education Department. Princetons rate is worse because the three borrowers in default come from a smaller group of borrowers who are in repaymentjust 132versus 876 from MIT. And of course, no matter how the data is diced, the bottom line for both schools and their students is that they have extremely low defaults compared with the national average for the same period, which is 13.4%, according to the Education Department. At a time when student-loan debt has surpassed $1 trillion and defaults on these loans are rising, students, particularly those from lower- to middle-income families at many high-ranked institutions, have been largely able to avoid these headaches. In many cases, they dont even have to take out student loans.
Source: http://www.marketwatch.com/story/even-ivy-leaguers-default-on-student-loans-2013-09-11

How to get out of default on a student loan

Others reported getting incorrect or conflicting information from their loan servicers. Wells Fargo faced the third-most complaints among private servicers, behind Sallie Mae and American Education Services. The 341 complaints against Wells since the bureau began collecting the complaints last March, however, represent a tiny fraction of the total loans owned and serviced by the banks. Wells Fargo and the industry as a whole say the problems in private student loans are much less severe than in government-backed loans. While default rates have exceeded 10 percent on federal loans, roughly 2 percent of Wells private student loans are past due at any given time, according to data the bank shared with investors. The bank tends to charge off a little more than 1 percent each quarter.
Source: http://www.sacbee.com/2013/09/09/5719614/student-loan-providers-rapidly.html

Here are the options, from simplest to most complicated. 1. Repayment. Obviously, this is easier said than done, but some borrowers in default do actually have the wherewithal to pay up all at once. If you have, say, an inheritance or real estate you can sell to fund repayment, in the long run this is the cheapest way to get out of default.
Source: http://www.chicagotribune.com/business/sns-201309101900–tms–savingsgctnzy-a20130910-20130910,0,2500170.story

Stocks Rise On Mergers, Homebuilder Outlook

Visa rose $3.52, or 2 percent, to $182.15; Nike rose $1.35, also 2 percent, to $66.76 and Goldman Sachs rose $4.83, or 3 percent, to $164.27. Syria news helped stocks elsewhere, too. Germany’s DAX rose 2 percent and the U.K.’s FTSE 100 gained 0.9 percent. The CAC 40 in France rose 1.6 percent. Traders sold safe-play assets as the threat of a strike on Syria faded. Gold fell $26, or 2 percent, to $1,360 an ounce, and the yield on the benchmark 10-year Treasury note rose to 2.96 percent from 2.91 percent.
Source: http://abcnews.go.com/Business/wireStory/stocks-rise-promising-data-asia-20200001

Stocks rise as Syria conflict looks less likely

Traders sold safe-play assets as the threat of a strike on Syria faded. Gold fell $26, or 2 percent, to $1,360 an ounce, and the yield on the benchmark 10-year Treasury note rose to 2.96 percent from 2.91 percent. @yahoofinance on Twitter, become a fan on Facebook Related Content Chart Your most recently viewed tickers will automatically show up here if you type a ticker in the “Enter symbol/company” at the bottom of this module. You need to enable your browser cookies to view your most recent quotes. Search for share prices Copyright/IP Policy Quotes are real-time for NASDAQ, NYSE, and NYSEAmex when available. See also delay times for other exchanges .
Source: http://finance.yahoo.com/news/stocks-rise-syria-conflict-looks-141842345.html

Tech stocks: HP sliding, Activision on the rise

Its mainly better Chinese data and a continuous improvement in investor sentiment towards China that is driving emerging markets these days, Maarten-Jan Bakkum, a senior emerging-market strategist at ING Investment Management in The Hague, said by e-mail. The U.S.s decision on Syria and next weeks Federal Reserve meeting are also big events, he said. All 10 groups in the measure of developing-nation stocks rose today as health-care and financial shares had the biggest gains. The rally trimmed this years loss in the MSCI Emerging Markets Indexs to 6.2 percent, compared with a 14 percent increase in the MSCI World Index.
Source: http://www.bloomberg.com/news/2013-09-10/emerging-stocks-rise-on-oil-as-china-h-shares-climb-20-from-low.html

Emerging Stocks Rise on China Data as Syria Concern Eases

crude-oil prices decline China data boost regional bourses SHARE 4 CONNECT 18 TWEET 2 COMMENTEMAILMORE Stocks were higher in early trading on Wall Street Tuesday as concerns about Syria eased and oil prices fell. The price of crude, which closed above $110 a barrel on Friday, lost $2.50, or 2.2%, to $107.09 a barrel in early trading. Syria has accepted Russia’s proposal to place its chemical weapons under international control so they can be dismantled. The West has accused Syrian President Bashar Assad of using the weapons on civilians in the country’s civil war.
Source: http://www.usatoday.com/story/money/markets/2013/09/10/stocks-tuesday-apple-iphone/2791289/

Stocks rise, oil falls as Syria fears ease

Despite the move and continued struggles in a weakening PC market, HP shares have performed solidly over the past year. The stock price has doubled in value since hitting a 52-week low of $11.71. Activision surges. In November, both Sony and Microsoft launch their PlayStation 4 and Xbox One video game consoles, both of which are expected to fuel sales of retail video games.
Source: http://www.usatoday.com/story/tech/2013/09/10/tech-stocks-hp-activision/2791809/

Stocks With Greatest Net Guru Buys: ORCL, COG, SYK, LNC, SLB

It ended the fiscal year with $32 billion in cash on its balance sheet. Oracle Corporation has a market cap of $151.98 billion; its shares were traded at around $32.82 with a P/E ratio of 14.40 and P/S ratio of 4.20. The dividend yield of Oracle Corporation stocks is 0.60%. Oracle Corporation had an annual average http://www.todayhotstocks.com/ earnings growth of 20% over the past 10 years. GuruFocus rated Oracle Corporation the business predictability rank of 5-star .
Source: http://www.forbes.com/sites/gurufocus/2013/09/10/stocks-with-greatest-net-guru-buys-orcl-cog-syk-lnc-slb/

Cannon Trading Co, Inc. Celebrates 25 Years Of Futures Trading Services

New rules that are part of the 2010 U.S. Dodd-Frank law meant to overhaul Wall Street after the financial crisis will put an end to privately negotiated swaps trading. Deals must now take place through the same type of order books that trading signal buy stock exchanges use, or by requesting quotes from at least two market parties, a number that will go up to three after a phase-in period. The swaps market is dominated by large banks such as Citigroup Inc, Bank of America Corp, JPMorgan Chase & Co and Goldman Sachs Group Inc.
Source: http://www.reuters.com/article/2013/09/03/derivatives-trading-icap-idUSL2N0GZ0XP20130903?type=companyNews&feedType=RSS

Lesar, sold his shares at prices between US$47.00 and US$48.00 for about US$6.88 million. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Halliburton are starting to buy or sell more company shares. Check this insider trade report for HAL here. Read Full Report: http://www.Pennystocksinsiders.com/PR/083013A/HAL/Halliburton.pdf Chesapeake Energy Corporation /quotes/zigman/126832/quotes/nls/chk CHK -0.15% : By the end of last trading session, the Chesapeake Energy /quotes/zigman/126832/quotes/nls/chk CHK -0.15% shares rose 1.36% (or US$0.35) to US$26.16 with about 7.29 million shares exchanged hands for the session, compared to its average volume of 10.83 million shares. Pennystocksinsiders.com found company SVP- HUMAN & CORP RESOURCES, Martha A.
Source: http://www.marketwatch.com/story/insider-trading-activities-in-halliburton-chesapeake-energy-procter-gamble-freeport-mcmoran-copper-gold-activision-blizzard-and-ciena-2013-09-04

There is no need to call a “customer service” desk, an accounting department, or a new accounts desk, only a team of well-qualified brokers capable of handling all of those tasks, is what is believed by the company management. That is what Cannon Trading has hung its hat on for the past quarter-century: the kind of customer service that this industry was founded on in the first place. In an age of electronic trading the service of having a personal broker is lost in most firms, but it has kept Cannon Trading going strong all these years. Of course service in itself is not enough.
Source: http://money.msn.com/business-news/article.aspx?feed=PR&Date=20130904&ID=16865622

Recommendation: Trading in REITs and homebuilders this week

So can their P/E ratios. During recessions, itas not unusual to see homebuilders trading with P/E ratios north of 30. And during boom times, itas not unusual to see homebuilders trading with P/E ratios below 10. Right now, the builders are trading with P/Es in the low 20s.
Source: http://finance.yahoo.com/news/recommendation-trading-reits-homebuilders-week-190139646.html