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[ August 21, 2014 | Author: Admin | Views: 48298 | Weather: | Mood: normal]

“It would be a mistake to wait until the 11th hour” to extend the nation’s borrowing authority, Treasury Secretary Jack Lew warned on Monday. NEW YORK (CNNMoney) With just days to go before the suspension of the nation’s debt ceiling ends, Treasury Secretary Jack Lew issued yet another public warning to Congress to act fast to extend the nation’s borrowing authority. “The bottom line is time is short,” Lew said, speaking at the Bipartisan Policy Center on Monday morning. If lawmakers don’t act before this Friday — the official end of the suspension — the Treasury Department will be forced to use special accounting maneuvers known as “extraordinary measures” to continue to finance the government so that it can continue to meet its financial obligations in full and on time. Hot Gas Utility Stocks To Invest In 2015: FCCC Inc (FCIC) FCCC, Inc. (FCCC), incorporated on March 21, 1960, is … Continue reading

[ August 21, 2014 | Author: Admin | Views: 69533 | Weather: | Mood: normal]

GM’s recalls continue as the automaker announces four more, affecting nearly 430,000 vehicles in the U.S. NEW YORK (CNNMoney) General Motors on Friday announced four safety recalls covering nearly 430,000 vehicles in the U.S. The recall covers nearly 30,000 air bag inflators in 2013-2014 model year Chevrolet Cruze sedans. GM (GM) says the inflators could fail or rupture, which could propel metal pieces that could injure the driver. GM says its aware of one injury related to the issue. The automaker told dealerships to stop selling those Cruze models on Tuesday, but lifted that stop-sale order late Wednesday, after identifying all the affected vehicles. The part in question was manufactured by Japanese company Takata, a supplier tied to airbag problems in millions of cars that other automakers recalled earlier this week. The Cruze problem stems from a defective part instead of a chemical issue that affected other recalled vehicles, said … Continue reading

[ August 21, 2014 | Author: Admin | Views: 36836 | Weather: | Mood: normal]

If you’ve lost count of how many distributors Alkaline Water Company Inc. (OTCBB:WTER) has working for it now, you’re not alone. Ditto for the number of grocers that are offering its flagship produce… one-gallon bottles of Alkaline84 water (some of the best-tasting and healthiest spring water you could ever drink). So many distributors and grocery store chains have just started carrying Alkaline84 within the past two months that it’s been nearly impossible to keep up with how quickly WTER has gotten its ball rolling. There is one thing that’s clear though – Alkaline Water Company has a LOT of momentum right now, up from none at the beginning of July. Take a look at all the doors the company has opened since it actually began marketing its bottled water: July 23rd: Alkaline84′s marketing launch kicks off with at least 119 locales carrying it July 25th: Southern California specialty food brokers … Continue reading

[ August 21, 2014 | Author: Admin | Views: 32897 | Weather: | Mood: normal]

If this were the Summer Olympics not the Winter Games you might say that the Under Armour brand image was teetering on the balance beam right now. At stake: the brand’s reputation for creating cool, techie duds that are worth the high price tags. That came into question last week when some U.S. speedskating team members blamed Under Armour uniforms for their poor showings. But after a uniform switch followed by the same poor results the consensus from four crisis-management gurus suggests that while any damage to the Under Armour brand remains up in the air, it seems to be making many though not all of the right PR moves. How Under Armour needs to continue to respond: Don’t blame the skaters. The skaters can point all the fingers they want, but it’s critical for Under Armour not to. Instead, the brand must continue its strategy of “refusing to react … Continue reading

[ August 21, 2014 | Author: Admin | Views: 22301 | Weather: | Mood: normal]

With shares of News Corp. (NASDAQ:NWSA)trading around $14, is NWSA an OUTPERFORM, WAIT AND SEE or STAY AWAY? Lets analyze the stock with the relevant sections of our CHEAT SHEET investing framework: T = Trends for a Stock’s Movement News Corp. was a diversified global media company that operates in six segments: Cable Network Programming; Filmed Entertainment; Television; Direct Broadcast Satellite Television; Publishing; and Other. The company was involved in programming distribution through cable television systems and direct broadcast satellite operators; live-action and animated motion pictures distribution and licensing; operation of broadcast television stations and the broadcasting of network programming and in direct broadcast satellite business through its subsidiary, SKY Italia. However, News Corp. has officially split. The entertainment arm of the company is now known as 21st Century Fox (NASDAQ:FOXA) while the publishing arm will keep the companys name. News Corp needs to prove that it can be profitable … Continue reading