Feed Aggregator Page 587
Rendered on Thu, 12 Jan 2017 15:00:20 GMT
Devon Energy Corp Rebounded 41.3% in 2016. Is There Any Room to Run in 2017?
via Motley Fool Headlines by on Thu, 12 Jan 2017 15:00:00 GMT
3 Growth Stocks Peter Lynch Would Buy Today
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:44:00 GMT
Delta Air Lines, Inc. Earnings: Is a Turnaround in Sight?
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:43:00 GMT
Google's Waymo Just Cut Costs on a Key Autonomous Car Technology by 90%
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:35:00 GMT
The 5 Biggest Video Game Flops of 2016
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:35:00 GMT
Trump Blasts CNN's "FAKE NEWS", Says "Credibility Will Soon Be Gone!"
via by Tyler Durden on Thu, 12 Jan 2017 14:33:50 GMT
One day after totally shutting down CNN's Jim Acosta at his first press conference as President-elect, Trump continues to hammer CNN saying they're "in a total meltdown with their FAKE NEWS because their ratings are tanking since election and their credibility will soon be gone!"
.@CNN is in a total meltdown with their FAKE NEWS because their ratings are tanking since election and their credibility will soon be gone!
— Donald J. Trump (@realDonaldTrump) January 12, 2017
* * *
For those who missed it, here are the epic exchanges from yesterday.
In an epic (mutual) trolling between president-elect Trump on one hand and BuzzFeed and CNN, on the other, the two media organizations which issued yesterday's unsubstantiated report about Russia having compromising information on the president-elect, Trump first addressed the question of why he referred to Nazi Germany, saying it is "disgraceful" that intelligence communities would allow the release of any information. "That's something Nazi Germany would have done and did do," he says.
He then unleashed on Buzzfeed which alone published the 35-page memo behind the Russian allegations, saying "Buzzfeed which is a failing pile of garbage... will suffer the consequences"
And then, in an even more stunning episode, Trump slammed CNN reporter Jim Acosta, who he also called out during the presser over their report on a two-page synopsis they claim was presented to Trump.
With Trump looking to call on other reporters, Jim Acosta yelled out, “Since you are attacking us, can you give us a question?”
“Not you,” Trump said. “Your organization is terrible!”
Acosta pressed on, “You are attacking our news organization, can you give us a chance to ask a question, sir?” Trump countered by telling him “don’t be rude.”
“I’m not going to give you a question,” Trump responded. “Don't be rude. I’m not going to give you a question. You are fake news!” Trump responded, before calling on a reporter from Breitbart.
A snubbed Jim Acosta then tweeted the following: "Fortunately ABC's Cecilia Vega asked my question about whether any Trump associates contacted Russians. Trump said no."
Fortunately ABC's Cecilia Vega asked my question about whether any Trump associates contacted Russians. Trump said no.
— Jim Acosta (@Acosta) January 11, 2017
Trump also had some "kind words" for the BBC:
* * *
These exchanges followed an initial statement by Trump spokesman Sean Spicer who said that "for all the talk lately about 'fake news,' this political witch hunt by some in the media...is frankly shameful & disgraceful.... Highly irresponsible for a left-wing blog... to drop highly salacious and flat out false information on the Internet."
Following this, we expect the war between Trump and the media in general, or at least CNN in particular, to reach biblical proportions.
* * *
Live Stream: Russia, Iran and International Alliances To Take Center Stage At Mattis Confirmation Hearing
via by Tyler Durden on Thu, 12 Jan 2017 14:25:00 GMT
With two days of grueling confirmation hearings in the books, it's time for Retired Marine General James "Mad Dog" Mattis, Trump's pick for Secretary of Defense, to field some questions. In his prepared remarks, Mattis is expected to emphasize the importance of international alliances and bringing "business reforms to the Department of Defense by instilling budget discipline." Per The Hill:
“We must embrace our international alliances and security partnerships. History is clear: nations with strong allies thrive and those without them wither," he is expected to say.
The statement is somewhat of a departure from the rhetoric President-elect Donald Trump used on the campaign trail, where he called into question the value of alliances such as NATO.
Mattis will also list strengthening alliances as one of his priorities, along with strengthening military readiness and reforming the Pentagon. “If you confirm me, my watchwords will be solvency and security in providing for the protection of our people and the survival of our freedoms,” he will say.
“My priorities as secretary of Defense will be to strengthen military readiness, strengthen our alliances in league with our diplomatic partners, and bring business reforms to the Department of Defense by instilling budget discipline and holding our leaders accountable.”
Mattis retired from the military in 2013, and entered the business world as a board member of General Dynamics and Silicon Valley start-up Theranos. He resigned from Theranos earlier this month and will step down from General Dynamics if confirmed. Only three years removed from his military post, Mattis will need a waiver from Congress exempting him from a law requiring a Defense secretary to be out of uniform for at least seven years, a waiver the Congress hasn't granted since 1950.
Senators will undoubtedly focus questioning today on how Mattis will approach Iran's growing influence in the Middle East and his views on Russia's alleged interference in the U.S. election process. Per Reuters:
Senators are expected to ask Mattis how he would grapple with Iran's influence in Iraq, Syria, Yemen and beyond. Officials who knew him before he retired in 2013 said Mattis clashed with top Obama administration officials when he headed Central Command over his desire to better prepare for potential threats from Tehran.
His support for stiffer responses to Russia could endear him to Republicans. Senior Republicans on the committee are pushing for a harsher response to what U.S. spy agencies say was the Kremlin's meddling in the U.S. presidential election.
As background, here is Mattis' bio courtesy of Bloomberg:
Mr. James N. Mattis, also known as Jim, was a Commander at the U.S. Joint Forces Command (USJFCOM) from November 2007 to August 2010. Mr. Mattis served as U.S. Marine Corps General and served as Commander of the U.S. Central Command from August 2010 to March 2013. He served as NATO Supreme Allied Commander Transformation from November 2007 to September 2009.
He served in many leadership roles during more than 40 years of service with the U.S. Marine Corps. As a lieutenant colonel, Mr. Mattis commanded the 1st Battalion, 7th Marines, an assault battalion in Operations Desert Shield and Desert Storm. He was a Brigadier General, where he commanded the 1st Marine Expeditionary Brigade and Task Force 58 during Operation Enduring Freedom in southern Afghanistan. He was a Major General and commanded the 1st Marine Division during the initial attack and subsequent stability operations in Iraq during Operation Iraqi Freedom.
Mr. Mattis holds a Bachelor's Degree from Central Washington State University and is a graduate of the Amphibious Warfare School, Marine Corps Command and Staff College and the National War College.
He served for more than 41 years of service to the nation. He retired from the Marine Corps in May 2013.
And here are a couple of "Mad Dog's" famous one-liners to help set the stage for a day of hearings:
“The first time you blow someone away is not an insignificant event. That said, there are some assholes in the world that just need to be shot.”
“Find the enemy that wants to end this experiment (in American democracy) and kill every one of them until they’re so sick of the killing that they leave us and our freedoms intact.”
“Be polite, be professional, but have a plan to kill everybody you meet.”
“The most important six inches on the battlefield is between your ears.”
“I’m going to plead with you, do not cross us. Because if you do, the survivors will write about what we do here for 10,000 years.”
With that, here is a live stream of the festivities:
Marine Le Pen In New York For Unexpected Visit, May Meet Trump
via by Tyler Durden on Thu, 12 Jan 2017 14:20:13 GMT
The leader of the French National Front Marine Le Pen, who according to a recent poll, has regained the lead in the first round vote of this year's French presidential election as the momentum of her main challenger Fillon has fizzled, is in New York on an unannounced visit less than four months before the election, according to a senior campaign official cited by Bloomberg. "Le Pen, who leads in the latest opinion poll for the presidency, is making a private visit to New York, her campaign chief of staff, David Rachline, said in a text-message exchange. He declined to say if she would meet publicly with President-elect Donald Trump or anyone from his entourage."
“It’s not on her public agenda,” Rachline said, when asked if she planned a meeting with Trump or officials close to him. “We don’t communicate about private visits.”
While it was not confirmed that Le Pen, who is set to launch her official campaign on Feb. 4 in a meeting with supporters in the French city of Lyon, will meet with Trump it is likely. She has repeatedly said she was supportive of Trump’s policies for the U.S. and called him “a sign of hope” for European anti-establishment politicians in a press conference this month.
Trump has met on several occasions with Nigel Farage, the former leader of the U.K. Independence Party, most recently in December.
What would the motive behind such a meeting be? Besides the usual pleasntries, it is possible that Le Pen will seek a loan from the US president-elect. Recall that as reported last month, "the National Front leader is struggling to raise the €20 million ($21 million) she needs to fund the French presidential and legislative campaigns in 2017 after the party’s Russian lender failed."
This past July, the Central Bank of Russia revoked the license of the National Front’s Moscow-based lender First Czech Russian Bank OOO and Le Pen's party has still to find another backer, according to treasurer Wallerand de Saint Just. Saint Just said he’s seeking international financiers in countries including Russia because French banks have refused to fund his party.
In a phone interview with Bloomberg, Saint Just said that “the loss of the FCRB was a hard blow for us" adding that “the Russia loan was a stable resource. Now we are still searching for loans.”
That said, the optics of Trump funding a frontrunng for the French presidency would be even worse than Le Pen appealing to Putin for more cash. Which is precisely why Trump may end up doing it.
"Deeply Concerned" Schumer To Vote Against Sessions, Fears For "Immigrant, Gay, Disabled, & Young" Americans
via by Tyler Durden on Thu, 12 Jan 2017 14:09:43 GMT
In a tweet-tempest this morning, Senate Minority Leader Charles Schumer (D-N.Y.) has confirmed he opposes Sen. Jeff Sessions, President-elect Donald Trump's nominee to serve as attorney general.
The Attorney General has a sacred obligation to enforce our laws & uphold the constitution.
— Chuck Schumer (@SenSchumer) January 12, 2017
The AG must wake up each day ensuring rights of all Americans immigrant, minority, young, old, gay, straight, disabled & not are protected.
— Chuck Schumer (@SenSchumer) January 12, 2017
The AG ensures that POTUS & the Admin's policies adhere to American values& ideals & is a check to ensure the President is not above the law
— Chuck Schumer (@SenSchumer) January 12, 2017
I am not confident in Sen Sessions' ability to defend the rights of all Americans, or to serve as indep. check on the next administration.
— Chuck Schumer (@SenSchumer) January 12, 2017
As The Hill reports, Sessions has faced backlash over his record on civil rights since his nomination and throughout his Senate confirmation hearings this week.
The Senate in 1986 opposed appointing Sessions to a federal judgeship in part because of disparaging remarks he allegedly made about the NAACP and the American Civil Liberties Union (ACLU). He strongly denied the accusations back then and again this week.
Critics also point to his prosecution of black voting rights activists for voter fraud and other civil rights concerns.
Schumer's dissent is not entirely surprising and will likely not be the last.
Trump : Head Of US Intel "Denounced Fictitious, Illegally Circulated Report"
via by Tyler Durden on Thu, 12 Jan 2017 14:01:48 GMT
In his first tweet of the day, Donald Trump said at 7:23am on Thursday that Director of National Intelligence James Clapper had called him to effectively apologize and "denounce" the "false and fictitious" report containing numerous unverified allegations about the president-elect and Russia.
"Made up, phony facts.Too bad!" Trump tweeted.
James Clapper called me yesterday to denounce the false and fictitious report that was illegally circulated. Made up, phony facts.Too bad!
— Donald J. Trump (@realDonaldTrump) January 12, 2017
Trump's victory lap followed a statement issued late on Wednesday night from Clapper, in which the head of the DNI said he had spoken to Trump to express his "profound dismay at the leaks that have been appearing in the press, and we both agreed that they are extremely corrosive and damaging to our national security." In other words, the US intel agencies, having been slammed by Trump for being "overly politicized", blinked.
This evening, I had the opportunity to speak with President-elect Donald Trump to discuss recent media reports about our briefing last Friday. I expressed my profound dismay at the leaks that have been appearing in the press, and we both agreed that they are extremely corrosive and damaging to our national security.
We also discussed the private security company document, which was widely circulated in recent months among the media, members of Congress and Congressional staff even before the IC became aware of it. I emphasized that this document is not a U.S. Intelligence Community product and that I do not believe the leaks came from within the IC. The IC has not made any judgment that the information in this document is reliable, and we did not rely upon it in any way for our conclusions. However, part of our obligation is to ensure that policymakers are provided with the fullest possible picture of any matters that might affect national security.
President-elect Trump again affirmed his appreciation for all the men and women serving in the Intelligence Community, and I assured him that the IC stands ready to serve his Administration and the American people.
The detente followed the decision by BuzzFeed to post the controversial document, which was compiled by a former British intelligence officer. It alleges Russia’s government possesses compromising financial and personal information about Trump. It also claims people close to Trump kept in touch with Moscow during the 2016 presidential race. In response, Trump slammed BuzzFeed as a "failing pail of garbage" in his first press conference of the year.
What Is Robert Herjavec's Net Worth?
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:30:00 GMT
Why Domino's Pizza Soared 43% in 2016
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:28:00 GMT
Baker Hughes Stock Soared 40% in 2016. What's Left for This Year?
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:12:00 GMT
3 Dividends Stocks That Aren't Big Gambles
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:08:00 GMT
Can the Naked Chicken Chalupa Save Taco Bell?
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:08:00 GMT
How Safe Are General Motors Stock and Its Dividend?
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:06:00 GMT
7 Reasons AbbVie's Stock Could Soar in 2017
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:03:00 GMT
Amazon, Inc.'s AWS Is Crushing It -- and It Has More Room to Run
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:01:00 GMT
U.S. Ecology Gained 34.9% in 2016. Is There Room to Run in 2017?
via Motley Fool Headlines by on Thu, 12 Jan 2017 14:00:00 GMT
Turkish Lira Spikes Most In A Month As Erdogan Threatens To "Thwart Games"
via by Tyler Durden on Thu, 12 Jan 2017 13:54:55 GMT
Having crashed unrelentingly to record lows in the last few weeks, the world's most volatile currency is surging higher this morning after President Tayyip Erdogan said on Thursday the Turkish central bank and other banks must thwart games played with the foreign exchange rate, which is being used against the country like a weapon.
Cited by Reuters, the Turkish president said "It's clear that the speculation on the forex rate has no depth.... Our central bank and other banks must thwart these games."
Erdogan also added that "The central bank has the necessary tools and ability to take measures on this. I am also calling on the business world, it is time to invest and create jobs," he said
Finally, he also compared FX traders to terrorists, when quoted by Bloomberg he said, "terrorists with dollars and with weapons have no difference."
Earlier in the week the central bank made a futile attempt to stop the rot by adjusting its bank reserve ratio by 50bps lower, and said it stood ready to do more if the rout worsened. In December, he helped spur a brief rally in the lira by urging citizens to repatriate their dollar holdings into the local currency. That, too, did not help.
For now, his jawboning has prevented the daily plunge in the Turkish currency.
