Senate’s High-priority ‘rhode To Work’ Package Sees Mixed Success; Bills Stalled In House | Fox Business

Two didn’t get Senate votes. Senate President Teresa Paiva Weed said she’s still pleased overall with the outcome. She cited passage of bills securing an extra $1.3 million for the Job Development Fund and another that is designed to bolster the Governor’s Workforce Board and bring better statewide coordination. Several bills that stalled in the House were turned into nonbinding resolutions and passed by just the Senate before the session ended June 21. Wall Street has emerged from the financial crisis deeply changed.
Source: http://www.foxbusiness.com/markets/2014/07/06/senate-high-priority-rhode-to-work-package-sees-mixed-success-bills-stalled-in/

Must-know: Analyzing the growing demand for ETFs in the US – Yahoo Finance

The decision released Sunday is the latest in a series of recent decrees that aim to ease Egypt’s staggering budget deficit, which has hovered at around 12 percent over the past three years of turmoil. President Abdel-Fattah el-Sissi, former military chief elected last month, vowed to take tough decisions to address the country’s battered economy. This weekend, el-Sissi also partially lifted subsidies on fuel, a politically sensitive issue that Egypt’s previous leaders had avoided. In Egypt, where nearly 50 percent of the population live in poverty, state subsidies on energy and basic food stuffs eat up a quarter of the budget. Wall Street has emerged from the financial crisis deeply changed. But one certainty has proven itself: Patience and courage are critical virtues for investors.
Source: http://www.foxbusiness.com/markets/2014/07/06/egypt-president-raises-cigarette-prices-by-50-percent-beer-200-percent/

Australia Stocks Rise Despite Mining-share Weakness | click here! Fox Business

Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumedthat any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein andis subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole.
Source: http://finance.yahoo.com/news/zacks-analyst-blog-highlights-cambria-120144158.html

Egypt president raises cigarette prices by 50 percent, beer 200 percent | Fox Business

FV allocates over 42% of its combined weight to health care-related ETFs. PEJ, which arguably does not get the attention it deserves, is up 3% in the past month. [ Summer Travel ETF Ideas ] The Robo-Stox Global Robotics & Automation Index ETF ( ROBO ) made its first appearance on our most searched list this week thanks to the ETFs status as one of the few funds that features decent exposure to 3D printer stocks. Rebounding 3D printer names, many of which are heavily shorted, have helped ROBO gain 6.6% in the past month. For the first time in several months, a dividend ETF did not appear in among the 10 most searched ETFs on ETF Trends. However, that does not mean investors have forsaken income funds.
Source: http://finance.yahoo.com/news/week-most-searched-etfs-hearing-120005541.html

This Week’s Most Searched ETFs: Hearing Fireworks – Yahoo Finance

is up 1.5%, and Virgin Australia Holdings Ltd. is up 1.2% as rival Qantas Airways Ltd. drops 0.4%. Also making news, Aristocrat Leisure Ltd. is untraded after agreeing to buy the closely held rival U.S.
Source: http://www.foxbusiness.com/industries/2014/07/06/australia-stocks-rise-despite-mining-share-weakness/

The Zacks Analyst Blog Highlights: Cambria Shareholder Yield ETF, ProShares S&P 500 Aristocrats ETF, PowerShares Buyback ETF, Home Depot and AT&T – Yahoo Finance

(MSFT). Inthe universe of U.S. ETFs, these ETFs have the strongest asset base, of approximately $168 trillion and $57 trillion, respectively. Net issuance is favorable for investors Investor interest in ETFs has grown rapidly.
Source: http://finance.yahoo.com/news/must-know-analyzing-growing-demand-130014174.html

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