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Business News, p.2

Forbes, Motley Fool, the Street
Our news section is a collection of mostly unfiltered and g-rated news links, with both Christian and secular authors. We are linking to several news feeds, with each news provider supplying their own view of the world. The views range politically from the New York Times on the left (far left?), to the World Net Daily, which leans toward the right, so politically we have the far left to the far right represented here...

Most "news feeds" from news providers (like the Washington Post) require that the feed be published without editing, so we do not have the ability to accept or reject specific news items. When we do carry a "news feed" from a specific news provider, we do not filter the news links, so (as usual, and often said) "We do not necessarily agree with the views, opinions, morals, politic party, denomination, or expression of spiritual gift." This is a general mix of Christian and secular links, with both highlights and lowlights.

My prayer is that Christ would be glorified by the political discussion on issues that relate to God's people. It is clear that He is indeed glorified through our debate on issues like abortion, faith in public places, and other hot button issues for the Church.

To close this message, we would like to offer this prayer: Father, we thank You and praise You for the ability to read and hear the news around the world. Help us Lord to understand the news, and teach us how to respond to events in the news according to your will (e.g. leave a donation at your local Bible believing Church, volunteer at food bank...). Help us to grow in faith, as we read, hear, and see news that challenges our beliefs. Help us to use these tests as a means of spiritual growth as we study Your Word. And bring peace to the world, Lord, which we know is coming through You. We ask this in the name of Your Son Jesus Christ. Amen.



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Bible Out of Context

Random Quotes from the Bible

   20For what glory is it, if, when ye be buffeted for your faults, ye shall take it patiently? but if, when ye do well, and suffer for it, ye take it patiently, this is acceptable with God.
   21For even hereunto were ye called: because Christ also suffered for us, leaving us an example, that ye should follow his steps:
KJV: 1 Peter 2:20-21

   20For what credit is there if, when you sin and are harshly treated, you endure it with patience? But if when you do what is right and suffer for it you patiently endure it, this finds favor with God.
   21For you have been called for this purpose, since Christ also suffered for you, leaving you an example for you to follow in His steps,
NASB: 1 Peter 2:20-21

   20But how is it to your credit if you receive a beating for doing wrong and endure it? But if you suffer for doing good and you endure it, this is commendable before God.
   21To this you were called, because Christ suffered for you, leaving you an example, that you should follow in his steps.
NIV: 1 Peter 2:20-21



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Bible Out of Context

Random Quotes from the Bible

   16All scripture is given by inspiration of God, and is profitable for doctrine, for reproof, for correction, for instruction in righteousness:
   17That the man of God may be perfect, thoroughly furnished unto all good works.
KJV: 2 Timothy 3:16-17

   16All Scripture is inspired by God and profitable for teaching, for reproof, for correction, for training in righteousness;
   17so that the man of God may be adequate, equipped for every good work.
NASB: 2 Timothy 3:16-17

   16All Scripture is God-breathed and is useful for teaching, rebuking, correcting and training in righteousness,
   17so that the man of God may be thoroughly equipped for every good work.
NIV: 2 Timothy 3:16-17



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Bible Out of Context

Random Quotes from the Bible

   14And this is the confidence that we have in him, that, if we ask any thing according to his will, he heareth us:
   15And if we know that he hear us, whatsoever we ask, we know that we have the petitions that we desired of him.
KJV: 1 John 5:14-15

   14This is the confidence which we have before Him, that, if we ask anything according to His will, He hears us.
   15And if we know that He hears us in whatever we ask, we know that we have the requests which we have asked from Him.
NASB: 1 John 5:14-15

   14This is the confidence we have in approaching God: that if we ask anything according to his will, he hears us.
   15And if we know that he hears us - whatever we ask - we know that we have what we asked of him.
NIV: 1 John 5:14-15



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Bible Out of Context

Random Quotes from the Bible

   19Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal:
   20But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal:
   21For where your treasure is, there will your heart be also.
KJV: Matthew 6:19-21

   19"Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal.
   20"But store up for yourselves treasures in heaven, where neither moth nor rust destroys, and where thieves do not break in or steal;
   21for where your treasure is, there your heart will be also.
NASB: Matthew 6:19-21

   19"Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal.
   20But store up for yourselves treasures in heaven, where moth and rust do not destroy, and where thieves do not break in and steal.
   21For where your treasure is, there your heart will be also.
NIV: Matthew 6:19-21



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Forbes: Markets

Forbes - Markets
  • Bulls Bet On Micron Before Earnings, Bears Smell More Blood In Men's Wearhouse (Wed, 19 Jun 2013 17:19:00 GMT)
    Today’s tickers: MU, VNDA & MW
  • The Forbes 2013 Investment Guide (Wed, 5 Jun 2013 13:54:00 GMT)
    Tips from 20 top Wealth Wizards. Plus advice on ETFs, munis, retirement, taxes and more.
  • Main Street Investor Protection Shut Down in "Retail" Act (Wed, 19 Jun 2013 23:39:00 GMT)
    When is a "retail" investor act, really guarding Wall Street's interests? When its sponsors attempt to subvert real investor protection.
  • Microsoft Gives In To Gamers On Xbox One Used Games, Connection Requirement (Wed, 19 Jun 2013 22:07:00 GMT)
    Both Sony and Microsoft have announced new gaming consoles; Xbox One from Microsoft and PS4 from Sony.
  • British Bankers Ireland Bound? (Wed, 19 Jun 2013 21:23:00 GMT)
    The UK’s Parliamentary Commission on Banking Standards must secretly love bankers, love Ireland or both.
  • FOCUS: Bernanke's Comments On Fed Tapering Are Negative For Gold (Wed, 19 Jun 2013 21:14:00 GMT)
    (Kitco News) - Gold prices fell after a statement of the Federal Open Market Committee and press conference by Chairman Ben Bernanke Wednesday suggesting that if economic conditions continue to improve, the Fed will start tapering its stimulus program.
  • Investors Get The "Inside JOBS Treatment" (Wed, 19 Jun 2013 21:00:00 GMT)
    Over a year ago, Congress passed the “Jump-Start Our Business Start-ups Act,” better known as the JOBS Act. Its supporters said the new law would create American jobs by making it easier for “start-ups” to raise money by issuing IPOs – initial public offerings of their shares.
  • Oracle's Software Sales Could Help Shares Dial Up $40 (Wed, 19 Jun 2013 20:34:00 GMT)
    Oracle will report its Q4 fiscal 2013 earnings on June 20 after the market closes. We expect the company to report muted growth as it continues to face significant challenges in its hardware business. However, its software business could get back on the growth track after a dismal performance last quarter. An improved product/services mix and a continued focus on reigning costs should reflect in higher operating margins.
  • Sprint Shakes Dish Offer But Clearwire Is Still Up For Grabs (Wed, 19 Jun 2013 20:30:00 GMT)
    The bidding war between Dish Network and SoftBank for Sprint appears to be over. Following the raised bid of $21.6 billion by SoftBank last week, and Sprint suing both Dish and Clearwire for getting in the way of its merger deal with Softbank, Dish has withdrawn its offer. Dish will now focus on acquiring a large minority stake in Clearwire. With Sprint out of picture, Dish will still continue to look for strategic partners in the wireless industry or build its own network.
  • High Yield Bond Prices Slump, Yields Surge After FMOC Meeting (Wed, 19 Jun 2013 20:14:00 GMT)
    The update from Federal Reserve chairman Bernanke this afternoon was not surprising or even different from previous statements about scaling back QE, and there was no immediate reaction in high-yield and equities, even as U.S. Treasuries plunged, spiking the yield on the 10-year to a 15-month peak, at around 2.34%, from 2.18% yesterday.
  • What Is The Most Popular 'Passion Investment'? It's Not Art (Wed, 19 Jun 2013 20:14:00 GMT)
    The 2013 World Wealth Report is out today and finds that high-net-worth investors around the world allocate the biggest chunk of their cash (31.6%) to watches, gems and jewelry. Collectibles such as antiques and wine come in at second place (24.4%), while luxury items such a flash cars and boats are the next most popular, at 19%. So-called passion investments in art come in fourth, with 16.9% of average allocations globally.
  • The Chairman Just Killed The Bernanke Put: Fed Ready To Taper QE This Year (Wed, 19 Jun 2013 20:13:00 GMT)
    In his post-FOMC press conference, Fed chief Ben Bernanke unveiled to reporters his plan for tapering asset purchases, indicating they are expected to begin later this year and end at some point toward the middle of 2014, if and only if the economy accompanies the Fed’s “moderately optimistic forecast.”  Despite his best attempts at telegraphing to the market that tapering still means increasing policy accommodation, stocks and Treauries sold off hard, with the Dow clocking in triple digit losses and the 10-year note yield jumping to 2.34%.
  • P.M. Kitco Roundup: Gold Backs Off A Bit Following FOMC Statement, Bernanke Press Conference (Wed, 19 Jun 2013 19:03:00 GMT)
    (Kitco News) - Comex gold futures saw an initial moderately bearish price reaction to Wednesday afternoon’s highly anticipated Federal Reserve Open Market Committee (FOMC) statement and the ensuing press conference held by Fed Chairman Bernanke. Comex August gold last traded down $8.00 at $1,358.80 an ounce. Spot gold was last quoted down $8.00 at $1,360.75. July Comex silver last traded down $0.282 at $21.38 an ounce.
  • What Are The Biggest Risks To Facebook's Stock? (Wed, 19 Jun 2013 18:41:00 GMT)
    Although Facebook has shown improved growth in recent quarters, there are still risks that investors should watch. Despite stronger revenue growth, the stock could not sustain the momentum it gained from November to January. The margins are shrinking and there is still doubt as to whether Facebook will be able to substantially improve its monetization over the long term.
  • Big Trends Driving MasterCard's U.S. Business (Wed, 19 Jun 2013 18:35:00 GMT)
  • Fed Doesn't Taper As Downside Risks Recede, But Deflation Could Keep QE Around (Wed, 19 Jun 2013 18:33:00 GMT)
    While the Federal Reserve’s June FOMC statement left much room for analysis, including signals that could indicate tapering soon or an increase in the pace of asset purchases, risk assets and broader markets retreated sharply on expectations of Bernanke & Co. taking away the punch bowl.  Ultimately, the Fed noted the economic recovery is becoming more self-sufficient, but noted inflation is quite a lot lower than previously expected, which leave the Fed split between further accommodation to fight deflation and tapering to allow for the normalization of monetary policy.
  • Chesapeake Pumps Up Its Margins By Shifting Focus To Liquids (Wed, 19 Jun 2013 18:26:00 GMT)
    Over the past two years, Chesapeake Energy's profitability has been weighed down by low natural gas prices and high drilling costs. In 2012, the firm posted a sizable operating loss of around $1.7 billion. However, it has been taking steps to get back on track by concentrating on the core portions of its most important plays, boosting its liquids production and also focusing on improving drilling efficiencies.
  • China's Hunger For Pork Will Impact The U.S. Meat Industry (Wed, 19 Jun 2013 18:14:00 GMT)
    Quick Take
  • BlackBerry Setting Up To Ship 14M BB10s This Year; 40% Margins Could Make It Profitable In 2014 (Wed, 19 Jun 2013 17:22:00 GMT)
    BlackBerry’s shareholders were taking a beating on Wednesday after analysts at Bernstein downgraded the stock, but other analysts appear more bullish.  As distribution expands across the globe, with the BB10 now available in 170 carriers in over 70 countries, it appears increasingly possible for BlackBerry to become profitable earlier than expected, according to RBC Capital Markets.  The stock may rally in the short-term as investors cover their shorts, but the longer term outlook for the company remains murky, they added.
  • Nokia’s All-Screen N9 Phone (Wed, 19 Jun 2013 16:53:00 GMT)
  • Nokia And Blackberry Might Get Bought But Not By Huawei (Wed, 19 Jun 2013 16:53:00 GMT)
    Yesterday the Financial Times made quite a stir when it reported that the chairman of Huawei’s consumer business group, Richard Yu said, “We are considering these sorts of acquisitions; maybe the combination has some synergies but depends on the willingness of Nokia. We are open-minded.”
  • These Stocks Pay High Dividends And Grow Them Too (Wed, 19 Jun 2013 16:52:00 GMT)
    John E. Leslie III, CFA, Portfolio Manager, Miller/Howard Investments Inc. (subadvisor to Touchstone Premium Yield Fund)
  • 5 Investors Who Move The Market (Wed, 19 Jun 2013 16:48:00 GMT)
    5 'Market Movers' with more control than seems fair.
  • Recessions And Bull Markets: Why Small Businesses Should Hedge Retirement Bets (Wed, 19 Jun 2013 16:32:00 GMT)
    Over the past 50 years, Small Business Week (June 17-21) has been a time to recognize and support the millions of small businesses in this country.  It’s also a time to assess the current challenges small business owners face and discuss viable solutions to those challenges.
  • Google Perches Above $900, Netflix Back To Almost 80% Of 2011 Peak (Wed, 19 Jun 2013 15:52:00 GMT)
    On Tuesday, the S&P 500 was able to break higher out of a wedge pattern and break a downtrend that has been in place since May 22. The index broke above the 1642-1648 level and now the question is whether we will extend above it.  The next resistance level to watch is 1658-1662 and then 1674, with the intraday high at 1687.
  • I'm Sorry, But My Long-Term Goals Will Just Have To Wait (Wed, 19 Jun 2013 15:45:00 GMT)
    As markets reach higher highs and the frequency of articles espousing the "end is near" is increasing.  There must be a corollary somewhere.  Although, during the depths of the recession, I don't recall seeing too many reporters urging investors to put their cash into the market.  It's kinda funny-but kinda not.  The name of the game is to ratchet up the anxiety level wherever possible, and disguise it as news consumers should follow.
  • Three Picks For Bond Sellers (Wed, 19 Jun 2013 15:34:00 GMT)
    Stocks put in another good performance on Tuesday as the market was acting well heading into the widely anticipated FOMC announcement and Bernanke press conference. The short-term downtrends in the Advance/Decline lines have now been broken suggesting that the correction is over.
  • Effects of QE - Bernanke's Quantitative Easing (Wed, 19 Jun 2013 15:33:00 GMT)
    Bernanke's Federal Reserve Enacted A Policy Of QE: How Has It Affected Oil, Gold, Equities, Emerging Markets And Treasuries?
  • Ish Kabibble Meets Goldilocks In Just-Right Market (Wed, 19 Jun 2013 15:33:00 GMT)
    Ish Kabibble, anyone? Who remembers Ish Kabibble, an early fifties television comedian? His name was a derivative of the mock Yiddish expression, ische ga bibble, roughly translated, “I should worry?” This sums up my market stance as well as FDR's fireside chat during the Great Depression.




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