Most Active Nasdaq-traded Stocks – Yahoo News

fell .2 percent to $41.80 with 15,801,200 shares traded. NewLead Holdings http://www.todayhotstocks.com Ltd. fell 19.8 percent to $.15 with 25,942,200 shares traded. PetSmart Inc. rose 12.5 percent to $67.28 with 14,084,000 shares traded.
Source: http://news.yahoo.com/most-active-nasdaq-traded-stocks-174218975.html

Stocks plunge, wiping out July gains; Market is on track for first monthly loss since January | Star Tribune

The Labor Department said employment rose by 209,000 jobs in July after jumping by an upwardly revised 298,000 in June, while economists had expected an increase of 233,000 jobs. Despite the continued job growth, the Labor Department also said the unemployment rate unexpectedly edged up to 6.2 percent in July from a nearly six-year low of 6.1 percent in June. The report also showed only a modest uptick in average hourly earnings, easing some of the recent concerns about the outlook for interest rates. However, a separate report from the Institute for Supply Management showed that activity in the manufacturing sector expanded at a notably faster rate in the month of July. The ISM said its purchasing managers index climbed to 57.1 in July from 55.3 in June, with a reading above 50 indicating growth in the manufacturing sector.
Source: http://www.nasdaq.com/article/stocks-come-under-pressure-extending-yesterdays-selloff–us-commentary-20140801-00637

LinkedIn and Tesla are big market movers – Yahoo News

The slide interrupted a prolonged advance in the market. The Standard & Poor’s 500 index closed at its latest record high just one week ago. It’s currently 2.7 percent below that level. Investors responded to several weak earnings reports, escalating geopolitical instability and widespread views that stocks had become too expensive. They are also contemplating the likely end of the Federal Reserve’s stimulus program this year.
Source: http://www.startribune.com/nation/269432721.html

Dow drops 200-plus points; stocks negative for July

Traders work on the floor of the New York Stock Exchange in New York.

Done LinkedIn and Tesla are big market movers Bally Technologies, LinkedIn, Procter & Gamble, and Tesla are big market movers 3 hours ago Content preferences Done NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Bally Technologies Inc., up $17.53 to $77.70 The gambling equipment maker is being bought by rival Scientific Games Corp. in a deal worth $5.1 billion, including debt. Procter & Gamble Co., up $2.33 to $79.65 The consumer products company reported a boost in quarterly profit on a series of cost cuts, topping Wall Street expectations. LinkedIn Corp., up $21.14 to $201.78 The professional networking service reported a second-quarter loss, but the results still beat Wall Street expectations.
Source: http://news.yahoo.com/linkedin-tesla-big-market-movers-203658380.html

Stocks Come Under Pressure, Extending Yesterday’s Sell-Off – U.S. Commentary – NASDAQ.com

labor costs rose the most in more than five years in the second quarter, with the Employment Cost Index, or ECI, climbing 0.7 percent, the biggest jump since the third quarter of 2008. “The real news is the uptick in ECI, which is finally seeing upside pressure,” said Hogan. Read More US labor costs jump “It’s pretty hard for the Fed to ignore a growing and stronger economy,” said Bittles, citing data on Wednesday that had the U.S. economy growing 4 percent in the second quarter.
Source: http://www.cnbc.com/id/101883444?__source=yahoonews&par=yahoonews

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Community Health Paying $98m To Settle Us Claims Of Improper Billing Of Hospital Stays | Fox Business

Community Health Systems Inc. has agreed to pay $98 million to settle federal claims of improper billing by the hospital company. The Justice Department and Community Health announced the settlement Monday. The government alleges that the company admitted patients to the hospital when it wasn’t medically necessary and then billed Medicare, Medicaid and the military’s Tricare program for those inpatient services. The government says Community Health should have billed for less costly outpatient or observation cases. The amount the company is paying includes $892,500 to Illinois, Indiana, North Carolina, Tennessee and Texas for their portions of Medicaid claims.
Source: http://www.foxbusiness.com/markets/2014/08/04/community-health-paying-8m-to-settle-us-claims-improper-billing-hospital-stays/

Noteworthy ETF Outflows: IWV, CSCO, blog QCOM, WMT – NASDAQ.com

(Symbol: QCOM) is up about 0.8%, and Wal-Mart Stores, Inc. (Symbol: WMT) is lower by about 0.2%. The chart below shows the one year price performance of IWV, versus its 200 day moving average: Looking at the chart above, IWV’s low point in its 52 week range is $97.53 per share, with $118.98 as the 52 week high point – that compares with a last trade of $114.79. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”.
Source: http://www.nasdaq.com/article/noteworthy-etf-outflows-iwv-csco-qcom-wmt-cm376425

BB&T Corp.’s Series D Non-Cumulative Perpetual Preferred Stock Ex-Dividend Reminder – Forbes

The remainder of the bonds are mostly in U.S. and international corporate bonds, mostly rated A or BBB by rating agencies that operate independently from S&P Capital IQ. The modest duration and relatively elevated credit quality of the holdings helps contribute to the positively low risk considerations seen by S&P Capital, said S&P Capital IQ in the note. Investors poured $8 million into BSV. Year-to-date, the ETF has added $577.3 million in new assets.
Source: http://finance.yahoo.com/news/simple-short-term-bond-etf-133028951.html

Fidelity’s Quick ETF Ascent – Yahoo Finance

On an annualized basis, the current yield is approximately 5.96%, which compares to an average yield of 5.74% in the Financial preferred stock category, according to Preferred Stock Channel . Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen As of last close, BBT.PRD was trading at a 1.84% discount to its liquidation preference amount. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.
Source: http://www.forbes.com/sites/dividendchannel/2014/08/04/bbt-corp-s-series-d-non-cumulative-perpetual-preferred-stock-ex-dividend-reminder-3/

A Simple Short-Term Bond ETF – Yahoo Finance

Please enter a valid phone number. Please enter your Phone Number. Send Thanks! A link has been sent. Done Fidelitys Quick ETF Ascent By ETFtrends.com 4 hours ago 0 shares Content preferences Done For years, mutual fund giant Fidelity was a non-factor in the expansion of the exchange traded funds industry. While rivals such as BlackRock ( BLK ), Vanguard and its Boston neighbor State Street ( STT ) each amassed hundreds of billions in ETF assets under management, Fidelity stuck with just one ETF: The Fidelity NASDAQ Composite Index Tracking Stock ETF.
Source: http://finance.yahoo.com/news/fidelity-quick-etf-ascent-153031524.html

Obama: Washington Could Do With Less ‘scandal’ – Cnn Political Ticker – Cnn.com Blogs

During remarks around the country and at Democratic fundraisers, Obama has taken to lambasting Republicans and the media for fueling an endless cycle of made-for-TV controversy, citing dust-ups at the IRS and the 2012 attack in Benghazi as examples. He’s also ramping up his fundraising stops. After this week he’ll have attended a dozen campaign cash events this month alone. Wednesday’s, held in the leafy and exclusive Hancock Park neighborhood of Los Angeles, started at $1,000 a ticket. A Democratic official said 450 people were expected to attend. R&B star Janelle Monae http://www.obamastudentloanforgiveness.net/ performed.
Source: http://politicalticker.blogs.cnn.com/2014/07/24/obama-washington-could-do-with-less-scandal/

Obama Attributes Wildfires to Climate Change – ABC News

A link has been sent. Done Obama government looks to satisfy religious groups on Obamacare 1 hour ago . View photo A man sits at a health insurance enrollment event in Cudahy, California March 27, 2014. REUTERS/Lucy WASHINGTON (Reuters) – The Obama administration is developing a method for religious organizations opposed to contraception coverage under the Affordable Care Act to opt out of providing the coverage in their health plans without filling out a form. That is the gist of a brief filed on Tuesday in the U.S. Court of Appeals by the Justice Department.
Source: http://news.yahoo.com/obama-government-looks-satisfy-religious-groups-obamacare-024325613.html

Obama will support anti-inversion legislation: Senior White House officials

at SFO Tuesday and will attend two events in the Bay Area on Wednesda y to help members of the Democratic party run for Congress across the country. RELATED: Strange Bedfellows: Silicon Valley Techies Like Conservative Senator Rand Paul In the meantime, there are several pressing international matters on peoples minds from the escalated fighting in Gaza to the surging number of Central American children crossing our border. Critics, like Former Chair of the California GOP Tom Del Beccaro, say attending a fundraising event simply looks out-of-touch. Crisis that hes facing now, like on the border, the VA and in the Ukraine people dont think hes in control or that America is in control, Beccaro said. KPIX 5 political expert Melissa Griffin Caen said it could be a strategic move. Hes maybe wisely taking a step back from that and waiting for some additional information, she said.
Source: http://sanfrancisco.cbslocal.com/2014/07/23/obama-draws-criticism-for-continuing-west-coast-fundraising-tour-gaza-mh17-immigrants-central-america/

Obama government looks to satisfy religious groups on Obamacare – Yahoo News

The transactions are setting a record pace since the first inversion was done 32 years ago. Read More These deals may suffer in U.S. ‘inversion’ crackdown Several Democrats have offered bills to curb inversions, which let companies cut their taxes primarily by putting foreign earnings out of the reach of the Internal Revenue Service. Obama will throw his weight behind the Democratic bills, calling for a rule change that would deem any company with half of its business in the United States to be U.S.-domiciled. The proposed changes, already put forward in Obama’s annual budget, would be retroactive to May of this year and implemented independently of moves to achieve broader tax reform. “We have seen increased activity from companies in the inversion space and as a result the president’s view …
Source: http://www.cnbc.com/id/101860765

Obama grants gay and transgender employees US bias protection – CSMonitor.com

Now, said Obama, “It’s time to address this injustice for every American.” Photos of the Day Photos of the day 07/22 Mia Macy watched Obama’s announcement in tears as an invited guest in the East Room. The military veteran and former Phoenix police detective applied to be a ballistics expert with the Bureau of Alcohol, Tobacco and Firearms as a male but was rejected after she changed her name and began identifying as a woman. She filed a successful complaint with the Equal Employment Opportunity Commission and settled a discrimination lawsuit against the government last year. “Having a president acknowledge us for the first time in history as citizens instead of second-class citizens is just monumental,” Macy said in a telephone interview. She said Obama personally thanked her for her pioneering role in a private meeting before the ceremony. Obama had faced pressure from opposing flanks over whether he would include an exemption in the executive action for religious organizations.
Source: http://www.csmonitor.com/USA/Latest-News-Wires/2014/0722/Obama-grants-gay-and-transgender-employees-US-bias-protection

Obama Draws Criticism For Continuing West Coast Fundraising Tour Amid International Crises « CBS San Francisco

Obama, speaking at a fundraiser Tuesday, offered federal help to deal with Washington’s wildfire, the largest in the state’s history. He said Federal Emergency Management Agency Director Craig Fugate had authorized an emergency declaration to ensure electrical power. Obama has asked Congress for $615 million in emergency spending to fight Western wildfires. He said spending on such fires has increased over the years. He says, “A lot of it has to do with drought, a lot of it has to do with changing precipitation patterns and a lot of that has to do with climate change.” Join the Discussion You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
Source: http://abcnews.go.com/Politics/wireStory/obama-attributes-wildfires-climate-change-24672399

Closing Bell July 15 – Business Insider

Stocks End Higher After Data, Earnings, Fed – Yahoo Finance

Goldman’s revenue in its fixed income, currency and commodities client execution segment were down 10% over last year, while revenues in equities were down 13%. 7) Things are still tough on Wall Street, and these two charts from JPMorgan’s earnings presentations showed just how hard things were for traders in the second quarter. JPMorgan’s markets revenue down 14% in Q2 (though the bank said in May that it could fall as much as 20%), while mortgage production fell 74% over last year. 8) Tobacco giants Reynolds American and Lorillard announced a $27.4 billion merger deal in which Reynolds would acquire Lorillard, as well as spin off some of its brands to British tobacco company Imperial Tobacco. Following the news, shares of Reynolds closed down nearly 7%, while Lorillard shares fell more than 10%. Follow Closing Bell and never miss an update!
Source: http://www.businessinsider.com/closing-bell-july-15-2014-7

The producer price index for last month increased 0.4%, seasonally adjusted, coming in ahead of expectations and reversing the 0.2% monthly decline from the previous month. Gasoline prices drove much of the gain, and wholesale prices continue to improve over last year’s levels. Separately, homebuilder confidence rose to its best level in six months, with a July index reading of 53. The latest index, by being higher than 50, indicates homebuilders are more upbeat than downbeat on current housing conditions. The Dow and the S&P 500 rose 0.4%, and the Nasdaq finished 0.2% higher.
Source: http://finance.yahoo.com/news/stocks-end-higher-data-earnings-202000059.html

Most active Nasdaq-traded stocks – Yahoo News

Following the report, Michael Gapen at Barclays said, “Overall, and despite the slowdown in manufacturing production in June, manufacturing production in Q2 rose by 6.7% relative to Q1. The sharp rebound in manufacturing in February in March left the sector well positioned heading into Q2. Following the report, our Q2 external link GDP tracking estimate remained at 3.0%, in line with our revised forecast for second-quarter growth.” 5) Federal Reserve Chair Janet Yellen was on Capitol Hill for the second straight day, this time speaking in front of, and taking questions from, the House Committee on Financial Services. 6) The Federal Reserve also released its latest Beige Book report , a collection of economic anecdotes from across the country. The report showed that the economy showed “modest growth” in most of the Fed’s regions. From the Beige Book,”The pace of economic growth was characterized as moderate in New York, Chicago, Minneapolis, Dallas, and San Francisco, while the remaining Districts reported modest expansion.
Source: http://finance.yahoo.com/news/stocks-rally-dow-makes-record-200011702.html

STOCKS RALLY, DOW MAKES RECORD HIGH: Here’s What You Need To Know – Yahoo Finance

fell 19.8 percent to $.15 with 25,942,200 shares traded. PetSmart Inc. rose 12.5 percent to $67.28 with 14,084,000 shares traded. Sirius XM Radio Inc.
Source: http://news.yahoo.com/most-active-nasdaq-traded-stocks-174218975.html

Closing Bell July 15 – Business Insider

Stocks End Higher After Data, Earnings, Fed – Yahoo Finance

Goldman’s revenue in its fixed income, currency and commodities client execution segment were down 10% over last year, while revenues in equities were down 13%. 7) Things are still tough on Wall Street, and these two charts from JPMorgan’s earnings presentations showed just how hard things were for traders in the second quarter. JPMorgan’s markets revenue down 14% in Q2 (though the bank said in May that it could fall as much as 20%), while mortgage production fell 74% over last year. 8) Tobacco giants Reynolds American and Lorillard announced a $27.4 billion merger deal in which Reynolds would acquire Lorillard, as well as spin off some of its brands to British tobacco company Imperial Tobacco. Following the news, shares of Reynolds closed down nearly 7%, while Lorillard shares fell more than 10%. Follow Closing Bell and never miss an update!
Source: http://www.businessinsider.com/closing-bell-july-15-2014-7

The producer price index for last month increased 0.4%, seasonally adjusted, coming in ahead of expectations and reversing the 0.2% monthly decline from the previous month. Gasoline prices drove much of the gain, and wholesale prices continue to improve over last year’s levels. Separately, homebuilder confidence rose to its best level in six months, with a July index reading of 53. The latest index, by being higher than 50, indicates homebuilders are more upbeat than downbeat on current housing conditions. The Dow and the S&P 500 rose 0.4%, and the Nasdaq finished 0.2% higher.
Source: http://finance.yahoo.com/news/stocks-end-higher-data-earnings-202000059.html

Most active Nasdaq-traded stocks – Yahoo News

Following the report, Michael Gapen at Barclays said, “Overall, and despite the slowdown in manufacturing production in June, manufacturing production in Q2 rose by 6.7% relative to Q1. The sharp rebound in manufacturing in February in March left the sector well positioned heading into Q2. Following the report, our Q2 external link GDP tracking estimate remained at 3.0%, in line with our revised forecast for second-quarter growth.” 5) Federal Reserve Chair Janet Yellen was on Capitol Hill for the second straight day, this time speaking in front of, and taking questions from, the House Committee on Financial Services. 6) The Federal Reserve also released its latest Beige Book report , a collection of economic anecdotes from across the country. The report showed that the economy showed “modest growth” in most of the Fed’s regions. From the Beige Book,”The pace of economic growth was characterized as moderate in New York, Chicago, Minneapolis, Dallas, and San Francisco, while the remaining Districts reported modest expansion.
Source: http://finance.yahoo.com/news/stocks-rally-dow-makes-record-200011702.html

STOCKS RALLY, DOW MAKES RECORD HIGH: Here’s What You Need To Know – Yahoo Finance

fell 19.8 percent to $.15 with 25,942,200 shares traded. PetSmart Inc. rose 12.5 percent to $67.28 with 14,084,000 shares traded. Sirius XM Radio Inc.
Source: http://news.yahoo.com/most-active-nasdaq-traded-stocks-174218975.html

Notable Etf Outflow Detected – Xlb, Dow, Mon, Dd – Nasdaq.com

Among the largest underlying components of XLB, in trading today Dow Chemical Co. (Symbol: DOW) is up about 1%, Monsanto Co. (Symbol: MON) is up about 0.5%, and DuPont (Symbol: DD) is up by about 0.6%. The chart below shows the one year price performance of XLB, versus its 200 day moving average: Looking at the chart above, XLB’s low point in its 52 week range is $40.48 per share, with $50.66 as the 52 week high point – that compares with a last trade of $50.61. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average .
Source: http://www.nasdaq.com/article/notable-etf-outflow-detected-xlb-dow-mon-dd-cm386527

Stock Market Update from Briefing.com – Yahoo Finance

The chart below shows the one year price performance of VNQ, versus its 200 day moving average: Looking at the chart above, VNQ’s low point in its 52 week range is $63.40 per share, with $77.84 as the 52 week high point – that compares with a last trade of $77.41. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”. These ”units” can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
Source: http://www.nasdaq.com/article/vnq-large-inflows-detected-at-etf-cm386536

New Dividend ETFs Offers Core Growth – Yahoo Finance

One of that indexs mandates is that constituent firms have a minimum of five years of uninterrupted dividend growth . Hence, the ETFs relatively light weight of 6.9% to the financial services sector. The minimum dividend increase streak featured by DGRO is not a trait of rival dividend growth ETFs, but the funds underlying index does employ other important screens to go along with the increase streak requirement, which can be seen as backward-looking. For example, the Morningstar US Dividend Growth Index does not include companies with yields that rank in the top 10% of the eligible inclusion universe and only companies with a payout ratio of less than 75% can be included, according to Morningstar.
Source: http://finance.yahoo.com/news/dividend-etfs-offers-core-growth-140046690.html

VNQ: Large Inflows Detected at ETF – NASDAQ.com

The puts could be an outright bearish bet or a hedge to protect a long position in the exchange-traded fund or its component stocks. Intel, Micron, Texas Instruments, and more Applied Materials are among the ETF’s largest holdings. (See our Education section) The SMH rose 0.29 percent to close at $51.82 yesterday after reaching $52.08 in the morning, its highest price since June 2001. The fund fell from the $51 level in late July as the broader market sold off, but the stock then bounced sharply at $48. Yesterday’s total option volume in the SMH was 8 times its daily average for the last month.
Source: http://finance.yahoo.com/news/chips-etf-attracts-puts-highs-091658284.html

Chips ETF attracts puts at highs – Yahoo Finance

For more information, please visit http://www.flexshares.com . About Northern Trust Northern Trust Corporation ( NTRS ) is a leading provider of investment management, asset servicing, fund administration, fiduciary and banking solutions for corporations, institutions, families and individuals worldwide. Chicago-based Northern Trust has offices in 19 states, Washington, D.C., and 19 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2014, Northern Trust had assets under custody of US$6 trillion, and assets under investment management of US$924.4 billion. For 125 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit http://www.northerntrust.com and follow us on Twitter @NorthernTrust.
Source: http://finance.yahoo.com/news/flexshares-launches-disciplined-duration-mbs-123000196.html

FlexShares Launches Disciplined Duration MBS Index ETF – Yahoo Finance

The Russell 2000 is lower by 0.7%, while the S&P 500 holds a loss of 0.3% with eight sectors trading in the red. Overall, cyclical sectors began the session behind their defensively-geared counterparts. Energy (-0.5%), financials (-0.4%), and industrials (-0.5%) displayed early weakness, while telecom services (unch) and utilities (+0.2%) opened ahead of the broader market. Treasuries continue holding modest gains with the 10-yr yield down one basis point at 2.63%.
Source: http://finance.yahoo.com/news/stock-market-briefing-com-193805098.html

Obama Outperforms Reagan On Jobs, Growth And Investing – Forbes

I’m a workshop leader for companies wanting to find their next growth engine, an author of “Create Marketplace Disruption: How to Stay Ahead of the Competition” (Financial Times Press), a contributing editor for “International Journal of Innovation Science” and a leadership columnist for CIOMagazine and ComputerWorld. I am a former head of business development for Pepsico and Dupont, consultant with The Boston Consulting Group and am currently Managing Partner for Spark Partners. Harvard MBA. Hail from Chicago.
Source: http://www.forbes.com/sites/adamhartung/2014/09/05/obama-outperforms-reagan-on-jobs-growth-and-investing/

Obama says hopeful but skeptical of Ukraine ceasefire – Yahoo News

Reuters/Larry Downing President Obama said on Friday that NATO members had agreed on a range of strategies to not only monitor the situation in Ukraine but to deal with the escalating threat posed by the Islamic State. Obama said he and the other heads of government at the NATO summit in Wales agreed that ISIS posed a threat to not only the governments of Iraq and Syria, but also to NATO member states. Beginning with Ukraine, Obama said that NATO would implement a new readiness action plan that would include a rapid response force that could be deployed on short notice if needed and would counter future Russian aggression in the region. “Our alliance is in support of Ukraine’s sovereignty and territorial integrity ,” Obama said, adding that NATO would provide security assistance to Ukraine by providing body armor and assistance to “help modernize Ukrainian forces.” The announcement came just one hour after a cease-fire came into effect. “I’m very pleased with the kind of work that’s been done throughout this crisis in Ukraine, and I think U.S. leadership has been critical throughout that process,” Obama said. Obama also said that the U.S.
Source: http://www.ibtimes.com/obama-says-us-ready-pass-more-sanctions-russias-energy-defense-sectors-involvement-ukraine-1679970

Obama Says US Ready To Pass More Sanctions On Russia’s Energy and Defense Sectors For Involvement In Ukraine

President Barack Obama said he was hopeful but skeptical about a ceasefire agreed in Ukraine on Friday and urged European allies to agree on new sanctions against Russia that could be suspended if the peace plan holds. He also said he was leaving a two-day NATO summit in Wales confident that U.S. allies were prepared to join a broad coalition to take action to degrade and ultimately destroy Islamic State militants in Iraq. “We also sent a strong message to Russia that actions have consequences. Today the United States and Europe are finalizing measures to deepen and broaden our sanctions across Russia’s financial, energy and defense sectors,” Obama told a news conference. NATO had made clear it would defend every ally, and that it supported Ukraine’s sovereignty against what he called Russian aggression, he said.
Source: http://news.yahoo.com/obama-says-hopeful-skeptical-ukraine-ceasefire-160901608.html

For Obama, a glimpse of good old days in Europe – Yahoo News

President Barack Obama on Friday clicking here said unequivocally that the extremist group calling itself the Islamic State must be dismantled, degraded, and “ultimately defeated,” days after he earned criticism for saying the goal was to roll back the organization to a point it was “manageable.” “We are going to degrade and ultimately defeat ISIL, in the same way we went after Al Qaeda,” Obama said Friday, later adding that “y ou can’t contain an organization [like ISIS]. The goal has to be to dismantle them.” Obama held a news conference Friday at the conclusion of the NATO Summit in Wales, touching on the crises in both Ukraine and Iraq. Obama echoed the words of Secretary of State John Kerry, who said Friday that the U.S. was committed to “destroying” the extremist group within three years as he announced a plan for an international coalition to confront the group in the Middle East. It was a marked change from earlier this week, when Obama faced criticism after he expressed contradictory statements on his strategy toward confronting ISIS . He said Wednesday that the aim of a potential international coalition to combat ISIS was to reach ” the point where it is a manageable problem.” Obama said there was “unanimous” consent among NATO members at the summit that ISIS posed a threat to them and that “action” would need to be taken.
Source: http://finance.yahoo.com/news/comes-obamas-press-conference-152445188.html

Obama Just Completely Changed His Tune On ISIS – Yahoo Finance

He has faced harsh criticism not only from Republicans, but also some Democrats, for being overly cautious in his response to the Islamic State militant threat and Russia’s provocations in Ukraine. A few days in the warm embrace of European allies was unlikely to dramatically shift that dynamic. The criticism of Obama’s foreign policy has thrust the White House into a defensive posture and sent the president’s approval ratings on international matters tumbling. In Europe, too, Obama has grappled with allies who have both quibbled with his perceived lack of focus on the continent and resisted his calls for more aggressive action against Russia and in the Middle East. But with both crises escalating, Europe appeared willing and at times even eager to stand squarely with a weakened American president. Raw: Obama Visits Stonehenge After NATO Summit Play Video During meetings in Estonia, Baltic leaders heaped praise on Obama, making clear their desire to have a beefed up U.S.
Source: http://news.yahoo.com/obama-glimpse-good-old-days-europe-081551736–politics.html