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Saturday February 13th 2016

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Gold PricePlatinum PriceSilver PriceCopper PriceAluminium

Business – Google News

Banks Stocks Will Rebound When Interest Rate Expectations Increase – Forbes


Forbes

Banks Stocks Will Rebound When Interest Rate Expectations Increase
Forbes
What's down with banks? Stock prices for the industry have fallen much more than the overall stock market index. The KBW bank index has dropped about 20 percent (as this is being written) from the end of last year, though the S&P 500 is only down nine …
Tougher lending standards pose risk to outlook for FedMinneapolis Star Tribune
Guest Commentary – Why the Federal Reserve Always “Happens” to Be WrongCoinWeek (blog)
Futures File: Yellen yields on ratesCasper Star-Tribune Online
Bloomberg –Barron’s –The Fiscal Times
all 75 news articles »

Posted on 13 February 2016 | 7:34 pm

Cuba returns dummy Hellfire missile mistakenly received – Miami Herald


NBCNews.com

Cuba returns dummy Hellfire missile mistakenly received
Miami Herald
Cuba has returned a dummy U.S. Hellfire missile that was mistakenly shipped to the country in 2014, American officials said Saturday. The Hellfire is a laser-guided, air-to-surface missile that weighs about 100 pounds. Manufactured by Lockheed Martin
US regains Hellfire air-to-ground missile from CubaReuters

all 23 news articles »

Posted on 13 February 2016 | 7:22 pm

Bank of America CEO Brian Moynihan got $3M pay bump in 2015 – UPI.com


UPI.com

Bank of America CEO Brian Moynihan got $3M pay bump in 2015
UPI.com
Bank of America CEO Brian Moynihan had his pay package increased to $16 million in 2015 after it had been reduced to $13 million the following year. The 23% increase represents the most Moynihan has been paid as CEO of the company. Above, he spoke …
Bank of America Increases CEO Moynihan's Pay 23% to $16 MillionBloomberg
Bank of America chief gets a 23% pay raiseMarketWatch
Bank of America Corp: CEO Deserves A Pay RaiseBusiness Finance News
New York Times –Reuters
all 31 news articles »

Posted on 13 February 2016 | 5:31 pm

Companies boycotting Carrier for decision to move to Mexico – Kokomo Tribune


Kokomo Tribune

Companies boycotting Carrier for decision to move to Mexico
Kokomo Tribune
R.D. Poffenbarger, owner of 911 Heating & Cooling, strips some wiring as he prepares to install a part working on a job. Poffenbarger is boycotting Carrier products after the company announced a move to Mexico. ANDERSON — Companies in Madison …
Citing Industry Dynamics, Carrier to Gradually Move Indy Plant to MexicoJewocity.com (press release) (blog)
Op-Ed: Carrier Corp. moving manufacturing to MexicoDigital Journal
Workers' outrage as they are told facility will be moving to MexicoDaily Mail
Cops 2.0 –Press Telegraph (blog) –Raw Story
all 144 news articles »

Posted on 13 February 2016 | 5:04 pm

Lettuce and tattoos? Whole Foods revamps for Millennial shoppers – Christian Science Monitor


Christian Science Monitor

Lettuce and tattoos? Whole Foods revamps for Millennial shoppers
Christian Science Monitor
Whole Foods is opening a new chain of stores called '365.' Attracting the Millennial market could be a power play to capitalize on an expansive demographic just starting to come into financial stability.
Sales slip at Whole Foods storesJewocity.com (press release) (blog)
Whole Foods Considers Tattoo Parlors To Attract Millennial ShoppersCBS Local
Tattoo parlor alongside groceries? Whole Foods floats ideas for its new 365 storesLos Angeles Times
Council Chronicle –Chicago Tribune
all 87 news articles »

Posted on 13 February 2016 | 4:52 pm

Toy industry bets on Hollywood superheroes and ‘Star Wars’ to drive 2016 sales – Los Angeles Times


Los Angeles Times

Toy industry bets on Hollywood superheroes and 'Star Wars' to drive 2016 sales
Los Angeles Times
Toy retailers are hoping Hollywood movies will drive big sales again this year, after blockbusters such as "Star Wars: The Force Awakens" and "Minions" led to huge numbers in 2015. U.S. retail sales of toys grew nearly 7% to $19.4 billion last year
Hundreds of Thousands of Amazing Playthings in Four Days: The Western Hemisphere's Largest Toy Show OpensPR Newswire (press release)
The Toy Fair You Can Take Your Kids ToKotaku
Toy of the Year Awards Recognize the Most Outstanding Toys and Games of the YearSYS-CON Media (press release)
Gifts & Decorative Accessories
all 28 news articles »

Posted on 13 February 2016 | 12:01 pm

US Stocks Stage Strong Rally, But End Week in the Red – Wall Street Journal


Wall Street Journal

US Stocks Stage Strong Rally, But End Week in the Red
Wall Street Journal
Major stock indexes posted weekly losses, putting a damper on a rally Friday in recently battered commodities and banking shares. The gains snapped a five-session losing streak for the Dow industrials and came on the heels of a particularly rough day
Stocks close higher, propelled by oil's rebound and bank shares' riseLos Angeles Times
Stocks end a down week on an up noteSan Mateo Daily Journal
Dow Ends Day Up 313Newser

all 226 news articles »

Posted on 12 February 2016 | 10:33 pm

Regulators vote to phase in solar rate hike more slowly – News & Observer


Regulators vote to phase in solar rate hike more slowly
News & Observer
People with the Bring Back Solar campaign prepare to deliver sacks of signed cards in support of decreased solar fees during a meeting of the Public Utilities Commission of Nevada, Friday, Feb. 12, 2016, in Las Vegas. Regulators with the commission are …

and more »

Posted on 12 February 2016 | 10:22 pm

Wall Street rallies; S&P 500 snaps five-day losing streak – Reuters


Reuters

Wall Street rallies; S&P 500 snaps five-day losing streak
Reuters
U.S. stocks rallied on Friday, snapping a five-day losing streak in the S&P 500, as financial, commodity-related and other beaten-down shares rebounded. U.S. oil prices settled 12.3 percent higher, boosting energy shares .SPNY 2.6 percent. The
Financial Shares Lead Rally in U.S. Stocks, Halting 5-Day DropBloomberg
Dow is now down 1451 points this yearWBAP News/Talk
US Stocks Rally After 'War of 1812′Wall Street Journal (blog)
Modern Readers
all 221 news articles »

Posted on 12 February 2016 | 9:49 pm

Why iRobot Corporation Stock Plunged Today – Motley Fool


Washington Post

Why iRobot Corporation Stock Plunged Today
Motley Fool
What: Shares of iRobot Corporation (NASDAQ:IRBT) fell more than 10% early Thursday after the home robotics company released strong fourth-quarter 2015 results but followed with lighter-than-expected forward guidance. So what: Quarterly revenue grew …
Columbia Wanger Invests in Stake in iRobotGuruFocus.com
iRobot's (IRBT) CEO Colin Angle on Q4 2015 Results – Earnings Call TranscriptSeeking Alpha
iRobot's (IRBT) Buy Rating Reaffirmed at Canaccord GenuityThe Vista Voice
Analyst Ratings –Equities.com
all 62 news articles »

Posted on 11 February 2016 | 5:02 pm

Top Stories – Bing News

Tesla, TSLA, General Motors, GM, Valuation Comparison And Elon Musk’s Personal Debt

On Wednesday, Tesla Motors, Inc. (NASDAQ: TSLA) announced its full-year and fourth quarter 2015 financial results. The company reported a fourth quarter loss of $0.87 missing the Wall Street analyst consensus of a profit of $0.10 by 970 percent. Tesla …

Posted on 13 February 2016 | 1:06 pm

Head of BAFTA: Film industry not diverse enough

LONDON (AP) — The head of the British Academy Film and Television Awards says its annual ceremony does not feature more ethnic minority nominees because the film industry itself is not diverse enough. Amanda Berry says she supports a peaceful protest …

Posted on 13 February 2016 | 12:58 pm

Craft distilleries running out of room

With demand exploding for their homegrown spirits, Chicago’s craft distilleries are running out of room. A decade after a new wave of post-Prohibition distilleries started opening here, many are in expansion mode, scrapping to keep up with the movement …

Posted on 13 February 2016 | 12:53 pm

Tribune Publishing, Digital First Media bid to buy bankrupt O.C. Register

An investor group led by the chief executive of Freedom Communications will not be among the initial bidders for the bankrupt company, in a reversal from a plan first announced in November. Richard Mirman, chief executive of Freedom, which owns the Orange …

Posted on 13 February 2016 | 12:53 pm

Calls For Looser Banking Rules In Europe Discounted By Eurogroup President Jeroen Dijsselbloem

Eurogroup President Jeroen Dijsselbloem rejected calls for banking union regulations to be loosened after weeks of falling bank shares, saying new European bail-in rules had caused investors to look “more critically” at risks born by banks. Speaking on …

Posted on 13 February 2016 | 12:51 pm

Regional lifestyle property markets rising

Equity-rich Sydney and Melbourne homeowners may help boost Australia’s coastal lifestyle markets. Iconic lifestyle markets such as the Gold Coast, Sunshine Coast and Cairns have started to bounce back and record strong housing market conditions after …

Posted on 13 February 2016 | 12:51 pm

It keeps getting harder to argue the US economy is entering recession

Atlanta FedFirst-quarter GDP projections are trending upward. The “recession” argument keeps losing credibility. US economic data releases were sparse this week, but the few indicators we did get confirmed the US economy is not on the brink of recession.

Posted on 13 February 2016 | 12:45 pm

The Federal Reserve is bracing for deflation for the first time since the 1930s

Last month, the Federal Reserve announced that its annual stress tests on the largest U.S. banks would include a scenario of declining prices and wages in the economy, or deflation. Deflation is a scary proposition for central bankers and investors alike …

Posted on 13 February 2016 | 12:44 pm

Sanders meets solar workers in Nevada

RENO, Nev. (AP) — Bernie Sanders is making common cause with advocates for Nevada’s struggling solar industry as the state’s Democratic presidential contest approaches. The Vermont senator met activists in Reno on Saturday and criticized a decision by …

Posted on 13 February 2016 | 12:43 pm

Modi Vows to Ensure Friendlier India for Foreign Factories

Prime Minister Narendra Modi pledged to untangle India’s byzantine regulations and stay away from retrospective taxation as he looks to boost manufacturing and create jobs in the world’s second-most populous country. Speaking to an audience in Mumbai …

Posted on 13 February 2016 | 12:39 pm