Michelle Obama Tours Beijing’s Forbidden City

They will find it difficult to transact in the dollar. And I suspect will find it very difficult to transact in Europe and elsewhere,” said a senior U.S. official. Russia’s Bank Rossiya, which with $10 billion in assets is Russia’s 17th largest bank, was singled out for U.S. sanctions. A Treasury Department statement said it is the personal bank for senior officials of the Russian government, including Putin’s inner circle.
Source: http://www.reuters.com/article/2014/03/20/us-ukraine-crisis-obama-idUSBREA2J1ER20140320?feedType=RSS

Obama returns to ‘Ellen DeGeneres Show’ joking about selfie record and touting Obamacare

For one, Iranians elected Hassan Rouhani — who campaigned, in part, on opening up Iran more to the world including negotiations on its nuclear program — as president last summer. Iran FM: Mixed response to Obama speech Inside Iran: What life’s really like Significant changes in Tehran’s approach followed, leading to an interim agreement in November involving Iran and the so-called P5+1 — the United States, China, Russia, Britain, France and Germany. The deal Obama loan forgiveness act called for Iran to roll back parts of its nuclear program in return for relief from some sanctions. That agreement went into effect in January. The challenge now is to reach a permanent deal acceptable to all sides.
Source: http://www.cnn.com/2014/03/20/politics/obama-iran/index.html

But critics in the US have lambasted signals that human rights are off the agenda — although Obama is scheduled to eat at a Tibetan restaurant in Chengdu — and the cost to taxpayers of the trip, which the White House has declined to reveal. Peng Liyuan (L), wife of Chinese President Xi Jinping, shows US First Lady Michelle Obama how to hol Obama, her family and Peng began at the No. 2 High School Attached to Beijing Normal University. Photos posted online by China’s state-run Legal Evening News showed them observing students at the school learning how to build robots. The group took part in a calligraphy demonstration, with Obama and her family looking on as Peng wrote out: “Great virtue promotes growth”, before giving it to the visitor, according the Legal Evening News. The trip has been front-page news in China’s state-run media, and several outlets have run op-eds hailing the planned focus on “soft” issues such as education rather than on political topics.
Source: http://news.yahoo.com/michelle-obama-tours-beijings-forbidden-city-060755672.html

Beyond her message on education, Mrs. Obama will join Madame Peng in a tour of the Forbidden City and the Great Wall. Mrs. Obama will then travel to Xi’an to see the Terra Cotta Warriors. In Chengdu, she will tour the Chengdu Panda Base, which houses approximately 50 pandas.
Source: http://www.cnn.com/2014/03/20/politics/michelle-obama-china/index.html

The photo broke the record for being retweeted the greatest number of times — a record that had previously been held by Obama for a photo of himself and first lady Michelle on election night 2012. The Ellen Show The appearance marked President Obamas second time on the Ellen DeGeneres Show. In 2007, during his first White House campaign, he famously danced with DeGeneres. Later in the interview, DeGeneres teased Obama, who wasn’t in studio but appeared via satellite, about having run of the White House while his wife and two daughters are away on a week-long trip to China. RELATED: OBAMA ON ZACH GALIFIANAKIS’ WEBSERIES ‘BETWEEN TWO FERNS’ (VIDEO) “Michelle said she’s out of town and she wanted to know, did you make your bed this morning,” DeGeneres said. “That would be no,” Obama replied, chuckling.
Source: http://www.nydailynews.com/news/politics/obama-returns-ellen-degeneres-show-joking-selfie-record-touting-obamacare-article-1.1728252


2 Hot Biotech Stocks To Watch

Hot Stocks: Geron Corporation (NASDAQ:GERN), Synovus Financial Corp. (NYSE:SNV), Staples, Inc. (NASDAQ:SPLS), IsoRay, Inc. (NYSEMKT:ISR)

PDL expects product sales and royalty rates to be higher this year. Stock performance <p>Your browser does not support iframes.</p> Expect volatility Kindred and PDL are two ideas that would appeal to different investor groups. PDL has a stable income, while Kindred offers exceptional growth in the future. Market participants may have a greater aversion to risks in the next few months.
Source: http://wire.kapitall.com/investment-idea/2-hot-biotech-stocks-watch/

Boeing: Hot Stock to Also-Ran as UBS Cuts Target

The reason: Problems with Boeings 787 production means cash burn will go on longer than expected. They explain: Our updated 787 learning curve analysis forecasts Boeings 787 cash burn at ~$6B in 2014, only slightly better than 2013. We see Boeings 787 cash burn improving by ~$2B/year beyond 2014, reaching breakeven in 2017, two years later than guidance We believe Boeing produced fewer 787s than its stated rate in Q2-Q4 because of 787-9 problems. When Boeing stepped production up to 7/month in May along with introducing 787-9 into the flow, it disclosed that it had produced 114 787s while its 10/month press release from January disclosed cumulative unit production at 155.
Source: http://blogs.barrons.com/stockstowatchtoday/2014/03/12/boeing-hot-stock-to-also-ran-as-ubs-cuts-target/

Up 560%, hot momentum stock?

“Until last June, this company was known as MEMC and traded under the symbol WFR,” Cramer said. “Some of this move is because the company has grown from a maker of silicon wafers to a full-service solar energy provider with a growing pipeline of projects.” “Also, SunEdison is taking aggressive action to bring out value, mainly by planning to visit here spin-off a minority interest in the company’s semiconductor business,” Cramer said. This is exactly the kind of split-up that Cramer talks about so often on “Mad Money.” “I think SunEdison’s solar side will get a much higher valuation without the semiconductor division weighing it down,” he said. And SunEdison is also generating shareholder value in other ways.
Source: http://www.cnbc.com/id/101501132?doc=101501132%7cUp%20560%,%20hot%20momentum%20sto&.tsrc=mobifone

Hot Stocks to Watch Today

Hot Stocks

The terms of the deal between the two companies weren’t disclosed. Video game retailer Gamestop ( GME ) closed down after Walmart ( WMT ) announced it will expand its used video game trade-in program on March 26. The expanded program will allow customers to trade in video games in exchange for a Walmart gift card. The change could challenge GameStop’s dominance in $2 billion used video game market.
Source: http://finance.yahoo.com/blogs/hot-stock-minute/stocks-close-the-day—–161422785.html

Canada Hot Stocks: TransGlobe, Whitecap

Food and medicine Administration (FDA) that its Investigational New medicine (IND) application for the drug imetelstat had been placed on full medical hold. Geron Corporation ( NASDAQ:GERN ) gaining 2.52% and closed at $1.83 on a traded volume of 9.20 million shares, in comparison to 5.53 million shares of average trading volume. The company has a total market capitalization of $283.33 million. For How Long GERN will fight for Profitability?
Source: http://www.techsonian.com/hot-stocks-geron-corporation-nasdaqgern-synovus-financial-corp-nysesnv-staples-inc-nasdaqspls-isoray-inc-nysemktisr/12144813/

(TGL.T) and Whitecap Resources Inc. (WCP.T). TransGlobe Energy (C$8.80, up 4.6%) and Caracal Energy Inc., two small, Calgary-based energy companies, agreed to merge by way of a share exchange to create a $1.8 billion venture focused on oil production in Africa. Imperial Oil Ltd.
Source: http://online.wsj.com/article/BT-CO-20140317-707151.html

Stocks push higher as concerns about Ukraine ease

The stock closed at Rs116.68 with a gain of Rs3.05 on trade turnover of 7.25 million shares. An analyst said that investors accumulated shares on the expectation for good earnings. Pakistan State Oil also remained the hot stock among traders at the KSE on Tuesday. The stock closed at Rs422.64 with a gain of Rs5.33 on trade turnover of 2.20 million shares. An analyst said that the oil company remained in the limelight on the reports that it is acquiring 4.5 percent shares of Pakistan Refinery Limited.
Source: http://www.thenews.com.pk/Todays-News-3-239029-Hot-Stocks

Hot Stocks

Today’s Hot Stocks List Amazon.com Inc. (Nasdaq: AMZN ) shares rose roughly 1% to $379 after the Wall Street Journal reported the Internet conglomerate will launch a video streaming device next month that will compete with the Apple TV, Chromecast, and Roku. The device is expected to debut in early April and will be available through retailers Best Buy and Staples. Reportedly, the device will connect to Amazon’s streaming video service along with Netflix and Hulu. American Express Co. (NYSE: AXP) shares climbed nearly 1% to $91.86 after stating it will sell half of its iconic corporate travel business for $900 million to a group of investors, including Certares LP and Qatar’s sovereign wealth fund.
Source: http://markets.financialcontent.com/stocks/news/read/26716539/Hot_Stocks_to_Watch_Today

Column-bankrupt? How To Get Student Loan Debt Erased

The proceeds from these loans are increasingly being used to cover daily living expenses, and not tuition or other college-related costs. Low-rate student loans cover tuition, textbooks and a vague category known as living expenses. The figure for living expenses is determined by each school and can make it easier to get a student loan than a more traditional loan from the bank. The federal government performs no credit checks for most student loans. An article by the Wall Street Journal examines the rampant use of student loans for non-college expenses.
Source: http://ecreditdaily.com/2014/03/portions-of-student-loans-are-increasingly-going-toward-non-college-expenses/

Reuters/Keith Bedford Maybe its just a sign that the markets are getting overheated :Americans are taking out student loans in part to cover everyday expenses. The Wall Street Journal reports on this phenomenonin which borrowers are using student loans as stop-gap financing to cover everything from monthly bills to groceries to previous student loan payments.The development is particularly troubling as student loans hit astaggering $1.1 trillion, and as college tuition costs continue to rise . While some of the growth in student loans is attributable to people seeking more education, the Journal explains, these loans are attractive for other reasons too: For one thing, many of those seeking student loans can avoid credit checks. This combination of rising costs and opportunistic borrowers leaning more on ever-growing student debt seems like a recipe for trouble. The only consolation is that the private banking system may emerge relatively unscathed.
Source: http://qz.com/183296/are-student-loan-debts-setting-the-stage-for-the-next-bubble/

Sometimes they come to agreement and sometimes they don’t, but the resulting regulation is almost always more meaningful than if the process hadn’t taken place. The credit criteria required for Parent PLUS loans, which are loans taken out by parents for their undergraduate students, is one issue under scrutiny during this latest negotiation. While Parent PLUS borrowers are checked for past adverse credit, they do not have to undergo a debt-to-income or other ability to pay test in order to qualify for a loan. Consumer watchdog groups that have seen PLUS debt levels rise in recent years as parents’ college savings were hit by the recession argue that Parent PLUS loans can saddle families with debt they cannot afford. They advocate for a more stringent credit check process that factors in parents’ ability to pay. [Get additional advice on how to pay for college .] Others, particularly http://www.obamastudentloanforgiveness.net minority-serving institutions students who often rely on PLUS loans, feel that tighter credit criteria will be detrimental to access to higher education.
Source: http://news.yahoo.com/federal-regulators-eye-parent-plus-loans-student-debit-150000712.html

The answer to this classic chicken-or-the-egg problem could lay with crowdfunding , which not only presents an opportunity to get tuition loans to students who need them, but also to build a track record of repayment that will encourage financial institutions to offer more loans to students. Vittana.org uses crowdfunded student loans to help people in regions where higher education is out of reach but job opportunities exist for graduates of colleges and technical and vocational schools. The nonprofit partners with local organizations and micro-finance institutions (MFIs) to create tuition loan programs for students who are close to graduation but need money to pay final tuition in order to graduate. Loans average $750, and a repayment rate of 99 percent, which shows that students will pay back their loans if given the opportunity. As students continue to successfully repay their loans, they are creating that repayment history and opening the door for millions of other students in the future. Beginning on April 2, all student loans sourced by Vittana.org will be posted on Kivas website for crowdfunding rather than on the Vittana website.
Source: http://www.triplepundit.com/2014/03/kiva-vittana-crowdfund-student-loans-developing-world/

Student Loans Entice Borrowers More for Cash Than a Degree

However, graduate students can borrow as much as they want, which results in some law, medical and dental school graduates owing $100,000 and often significantly more. That $1 trillion in student loan debt could have a huge impact on the economy and be felt for years. Those with hefty loans are crippled in starting their careers. Some may need to intentionally default on their student loans to be able to open the dental or medical practice that is needed to pay for them. Their debt load traps students. The economics and the weight of the debt, which can take 15 to 20 years to repay, impact future decisions like where to live, buying a house, discretionary money for daily living, and saving for retirement.
Source: http://guardianlv.com/2014/03/student-loan-debt-1-trillion-and-could-impact-economy/

Even when schools suspect students are over-borrowing, they are restricted by federal law and Education Department policy from denying funds. College and university trade groups are pushing legislation this year to set lower maximum loan limits for some types of students, such as part-timers. Dorie Nolt, spokeswoman for Education Secretary Arne Duncan, says the Obama administration is “exploring alternatives to see how we might ensure that students don’t borrow more than necessary.” Student Loans Used for More Than School Play video Mr. Selent, of Fort Lauderdale, knows he is getting himself deeper in a hole but prefers that to the alternative of making minimum wage. In his 20s, he earned a bachelor’s degree in communications from a local for-profit school but couldn’t find a job in the field after graduating and began falling behind on his student-loan bills. He is now taking courses for a degree in theater so he can become an actor.
Source: http://finance.yahoo.com/news/student-loans-entice-borrowers-more-002100614.html

Based on the characteristics of those who were able to get discharges, researcher Jason Iuliano calculated that an additional 69,000 people who filed bankruptcy that year would have had a “good chance” of erasing their student loans had they filed adversary proceedings. Iuliano speculated that one reason so few student loan borrowers seek relief is that they’ve been convinced it’s hopeless. He cited academic journals and numerous popular press articles indicating such discharges are almost impossible. Debtors are sometimes told that absent a total and permanent disability, they can’t get their loans discharged. There may be another reason.
Source: http://finance.yahoo.com/news/column-bankrupt-student-loan-debt-214442820.html

Stocks Finish Lower On Ukraine Fears

u.s. stocks, dow

The tension also triggered a spike in wheat and corn prices, as Ukraine is a leading exporter of both grains. The Teucrium Wheat ( WEAT ) and Teucrium Corn ( CORN ) ETFs both rose, and investors expected more gains in the coming days. “If Russian stand off continues $WEAT may be a continued play,” said StockTwits trader TrendHunter . ” $CORN Historically March is the best month for Corn,” said tyla858 .
Source: http://money.cnn.com/2014/03/03/investing/stocks-markets/index.html

US STOCKS-Wall St slides as Ukraine tensions escalate

Oil prices also rose as investors attempted to price in how potential economic sanctions against Russia would affect energy supplies, especially in Europe. A barrel of crude oil rose 2.1% to $104.77. Gas prices jumped another 10 cents in Michigan in the past week to a statewide average of about $3.69 per gallon, AAA Michigan reported. The sell-off in foreign bourses was more pronounced in Europe, whose closer proximity to the latest shock epicenter caused investors to turn cautious and pare back risk. Russias benchmark stock index dropped 11% Monday, its biggest loss since November 2008, according to Bloomberg.
Source: http://www.freep.com/article/20140303/BUSINESS07/303030084/Stocks-hit-by-Ukraine-chaos-Dow-off-more-than-200

Stocks hit by Ukraine chaos; Dow off more than 200

Energy stocks could lose if relations between the United States and Russia deteriorate further. Volatility is likely to spike alongside the uncertainty of the situation. “Anything that involves a boycott of Russian supplies, which are very significant, could impact the energy sector dramatically,” said Meckler. “In situations like this, you see very http://www.todayhotstocks.com quick reactions reverse as people understand the scenario and how things play out.” Both Brent and U.S. crude prices rose more than 2 percent each.
Source: http://www.reuters.com/article/2014/03/03/markets-usa-stocks-idUSL1N0M018620140303

US STOCKS-Wall Street falls on Ukraine tensions

“If you need an excuse to sell, this is a good one.” Russian stocks and bonds fell sharply and the central bank hiked interest rates to defend the ruble. The MICEX index of Moscow stocks tumbled 11 percent to 1,288.81. The dollar-denominated RTS stock index tumbled 12 percent. The Market Vectors Russia ETF fell 7 percent in heavy volume, hitting a session low of $22.16, its lowest in 4-1/2 years.
Source: http://in.reuters.com/article/2014/03/03/markets-usa-stocks-idINL1N0M010X20140303


Meanwhile, there were lots of economic data coming out in the U.S. and abroad. The ISM manufacturing index climbed to 53.2 in February from 51.3 in January. The new orders subindex jumped to 54.5 from 51.2.
Source: http://finance.yahoo.com/news/stocks-around-world-slammed-heres-210010353.html