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Monday, November 10, 2014

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Daily Alert: Media

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November 10, 2014
Russia Launches New Media To Lead 'Propaganda War' With West Russia Launches New Media To Lead 'Propaganda War' With West
by Timothy Heritage on Nov 10, 2014, 1:47 PM
MOSCOW (Reuters) - Russia launched on Monday a...


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Plane Carrying Famed Preacher 'Exploded on Impact' (Newser Happy Hour 6-pack)

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Plane Carrying Famed Preacher 'Exploded on Impact'

Plane Carrying Famed Preacher 'Exploded on Impact'

(Newser) - A well-known preacher and his wife were among nine passengers killed after their plane "exploded on impact" after hitting a crane in the Bahamas, Reuters reports. The Learjet 36 was carrying Myles Munroe, wife Ruth, and Richard Pinder, the VP of Munroe's ministry, among other passengers and two... More  »

 
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STOCKS RISE, GOLD AND OIL SINK: Here's What You Need To Know

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November 10, 2014

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Stocks hit record highs while gold, oil, and the VIX all fell to start the week. By virtue of closing in positive territory, both the Dow and the S&P 500 made new all-time closing highs. Gold and oil, meanwhile, continued to trade near multi-year lows, while the VIX, which measures expected market volatility, is now down more than 40% in a month.

First, the scoreboard:

  • Dow: 17,613.7, +39.8, (+0.2%)
  • S&P 500: 2,038.2, +6.3, (+0.3%)
  • Nasdaq: 4,651.6, +19, (+0.4%)

And now, the top stories on Monday:

1. Stocks did it again. Any green close on Monday would have given the Dow and the S&P 500 new all-time highs, and so for the second straight day, we've got new records. Overall, though, nothing too exciting in the market, with NYSE floor governor Rich Barry writing in a midday email that Monday is one of those days where we just had "more buyers than sellers." But aside from the lackluster action on Monday, we're currently witnessing the strongest three-week streak for stocks since October 2011, with both the Dow and the S&P 500 now up more than 7% in just three weeks. 

2. We're still a few weeks away from Thanksgiving, but with third quarter earnings mostly in the books, Wall Street strategists are already publishing their outlooks for 2015. At UBS, Julian Emanuel said the S&P 500 looks poised to rise another 14% to 2,225 in 2015, with earnings for the benchmark index set to rise 7% to $126. Emanuel cited strong corporate balance sheets, as well as solid GDP and earnings growth, as key drivers for a likely expansion in stock prices next year. "Roll tide, roll," Emanuel wrote.

3. And while stock prices have risen in recent weeks, not all assets have held up well, particularly oil, gold, and the VIX, which measures stock market volatility. Oil and gold fell more than 1.5% on Monday, bringing these commodities — again — to multi-year lows as gold cracked $1,150 an ounce and oil again fell to near $77. Meanwhile the VIX, which is often called the "fear index" and measures expected stock market volatility, fell nearly 5% on Monday to below 12.5. In the last month, the VIX is down more than 40%. 

4. One commodity that hasn't been under pressure of late, however, is cattle. Live-cattle futures last week hit an all-time high on CME, and prices are unlikely to come down anytime soon, Business Insider's Akin Oyedele reports. In addition to increasing demand for beef, a 2011 drought in Texas and Oklahoma dented cattle herds, which has forced farmer to undergo a lengthy cattle replacement process. 

5. GoPro shares were down 4% on Monday as the stock was again in focus after the company filed to sell $800 million worth of common stock. Following this disclosure, GoPro CEO Nick Woodman sent an email to GoPro employees explaining the company's motivation for the filing, which was two-fold: to raise $100 million capital for the company and to facilitate a more orderly sale of stock following the end of the company's lock-up expiration. GoPro's lock-up expiration is set to expire in December. In his email, Woodman said that while he will sell a portion of his GoPro holdings, "I plan to be a significant shareholder in GoPro for a long time." 

6. Inflows to Janus Capital totaled more than $1 billion in October, the first month that Bill Gross was at the firm after joining from PIMCO, the firm he co-founded in 1971. The Unconstrained Bond Fund, which Gross is managing at Janus, saw more than $360 million in investor inflows in October. 

7. McDonald's reported October global same-store sales that fell 0.5%, which was actually better than the 2.2% decline expected by analysts. McDonald's shares finished the day unchanged. 

8. In bankruptcy news, biopharmaceutical company Dendreon, which markets cancer vaccine Provenge, saw shares plummet 80% after filing for Chapter 11 protection on Monday. The company said that agreed to terms of a restructuring with certain of its bondholders, and that this may include a standalone recapitalization or a sale of the company's assets. 

Don't Miss: A Tiny Firm That Saw The 1929 Crash Coming Sees Trouble For 2015 »

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INFOGRAPHIC: What's Keeping You From Going Back To School?

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November 10, 2014
INFOGRAPHIC: What's Keeping You From Going Back To School? INFOGRAPHIC: What's Keeping You From Going Back To School?

Not enough time? Too little money? [Sponsored content brought to you by Capella University] Read »
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Uber Wants To Become A $17 Billion Company — Here's Why That's Scary
Uber Wants To Become A $17 Billion Company — Here's Why That's Scary
Uber CEO Travis Kalanick is getting incredibly rich — at least on...  Read »
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43 Meals Everyone Should Eat In Their Lifetime
43 Meals Everyone Should Eat In Their Lifetime
A memorable meal can define a destination and keep you salivating for...  Read »
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 THE PROGRAMMATIC ADVERTISING REPORT: Mobile, Video, And Real-Time Bidding Will Catapult Programmatic Ad Spend
THE PROGRAMMATIC ADVERTISING REPORT: Mobile, Video, And Real-Time Bidding Will Catapult Programmatic Ad Spend
Mobile and video ads will drive a big uptick in programmatic and RTB spending.  Read »
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IT'S HERE: IGNITION 2014 Agenda

We are thrilled to have released our full agenda and the latest speaker lineup. Join us for three days of deep dives into the world of digital, extended conversations around tech and media, and awesome networking. Grab your tickets now before they sell out to hear from Jeff Bezos, David Karp, Beth Comstock, and other CEOs at IGNITION from Dec. 1 to 3, in NYC.


Silicon Valley And Legacy Payment Companies Are Locked In A Battle To Control The Store Register
Silicon Valley And Legacy Payment Companies Are Locked In A Battle To Control The Store Register
Silicon Valley and legacy payment companies are locked in a bottle to control the store register.   Read »
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Here's How Many Credit Cards You Should Have
Here's How Many Credit Cards You Should Have
If you're one of those people who holds up the line at stores because...  Read »
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Oil, Gold, And 'Fear' Are Getting Smoked
Oil, Gold, And 'Fear' Are Getting Smoked
Stocks are higher, but just slightly, to start the week. Meanwhile oil...  Read »
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Here's What Caused The 'Bomb Cyclone' That's About To Freeze The Northern US
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