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Nadita File – 07/25/2014

 

Good evening everyone, thanks for watching Nadita File where the spin starts here :)

There are a lot to report and all good news :)  let's begin with :  

 

Ukraine Crisis : Chess reporting live while watching fireworks in Donetsk, Ukraine says rebel attack overnight was supported by artillery fire from the Russian side of the border.  Ukraine forces trying to cut rebels off from Russian border.  US joint Chief’s chairman Gen. Dempsey on Russia’s artillery assault on Ukraine says Pouting Putin may actually light a fire he cannot control.  Russia bans all dairy imports from Ukraine, cites numerous quality flaws.  Ukraine says the ban is politically motivated.  There you go the “he said, she said” again J

 

Israel – Gaza Showdown : Thriver heard Israel cabinet to discuss int’l cease fire proposal.  One plan calls for 5 day humanitarian truce to negotiate new border arrangements for blockaded Gaza. On 18th day of fighting, Israel hit what is says was a Hamas military command post.  Leader of militant Islamic jihad group reportedly killed.  Thousands of Palestinians march in West Bank to protest Israeli offensive in Gaza.  Clashes reported between Israeli troops and protesters.  Germany’s two largest airlines still aren’t landing in Tel Aviv.  Air Berlin and Lufthansa both cite ongoing security concerns.

 

Other News : A-J516 was with French soldiers in Mali to secure site where Air Algeria plane crashed.  They have one black box.  116 passengers and 6 crews were killed.  Most passengers were French citizens.  Rdoncampos feels bad for the families of another airplane crash, TransAsia Airways in Taiwan.  Investigators are examining wreckage and black boxes.  Weather and low visibility suspected as factors.  Wiljor reminisced Allan C. Greenberg, known as Ace Greenberg, former CEO of Bear Stearns has passed away at 86.  He started as a clerk in 1949 and climbed his way up and built Bear Stearns into global investment banking power, presided over its collapse amid slide into recession.  Ace is truly a legendary trader through and through.  He loved trading environment, could always be found walking the floor.  He was a world class bridge player which led him to hire Jimmy Cayne whom he met while playing bridge. Bear Stearns went bankcrupt as its mortgage backed securities plunged, stock fell to $10 from a high of $170.  JPMorgan bought it in a $270M “fire sale”.  Our prayers are with the families who lost their loved ones, May God give them peace and cover them with His grace in this difficult time.    Genx4me can’t understand why Russia seeks to ban some of McDonald’s burgers along with milk shakes and ice cream.. guess, no McD for Russian, how about Pollo Loco?  Fast food workers to gather in Chicago this weekend to discuss how to escalate campaign for higher wages and union representation.  DumNDumer can’t understand why Taliban handcuffs, shoots and kills 14 people on the side of the road.  They were pulled off buses in Afghanistan after deciding they were Shiites.

 

The bull slipped another 123 points on slippery slope.  Market is under pressure as further sanctions on Russia puts some weight on Dow scale.  Amazon and Visa are not helping.  Gold closed at $1230, silver at $20.64, copper at $3.24.  Amazon sees Q3 operating loss, spending more than $100M on original video.  Amazon’s new Fire smartphone goes on sale in the US today in exclusive deal with AT&T.  Amazon is also downgraded to neutral from buy at B. Riley.  GM is downgraded to hold from buy at Deutsche Bank.  Captl1 thinks Facebook is a good buy as social mobility is always in the making.  Facebook and Uber are in early talk to integrate services – Re/code which potentially embed Uber into Facebook Messenger.  Baidu (BIDU), Chinese search engine Q2 profit rose 34% as mobile service grows.  Gymrat76541 is eyeing Brazilian energy giant, Petrobras (PBR) upgraded to overweight from equal weight at Barclays. Investors in US based funds withdrew a net $7.6B from stock funds in the week ending July 23rd.  That’s the biggest outflow since early February.  Realty check for Zillow in advanced talks to buy Trulia, exact terms unknown. Another recall from GM in China for 20K Cadillacs and Chevy Camaros due to defective seat bolts.. GM.. what else on your recall list?  Babbling is going on at Goldman Sachs as they develop an instant messaging tool called “Babble” to replace the instant messaging on Bloomberg terminal.  Pattyangel wonders why Google has done a lot of mappings and the latest project is "baseline study" to define a healthy human with genetic study.  Google is known to apologize later than ask first.  Is Google a borg?  I would think before they study other human body, they should study the CEO first J   

 

LadyGrace’sDaddy is happy to hear finally a cure for Hepatitis C called Sovaldi, manufactured by Gilead Science (GILD).  It’s $84,000 breakthrough drug, priced at $1,000/day for 12 weeks.  9000 Patients have been cured with Sovaldi by taking it for 12 weeks without side effect.  Gilead has seen nearly $6B in Sovaldi sales since its launched this year.  Right now, the drug is being debated by Medicare, Medicaid and insurance company because of the cost.  We spend more than $84,000 for cancer treatment.  5M people pay up front for the drugs.  Tons of vets with hepatitis C could benefit from the drug, but with VA scandal, still unknown if this will be approved.  The question, is $84,000 too much if it can improve and save your life?  Goldie Girl thinks it’s worth it J

 

IPO Buzz today : Innocoll (INNL), a specialty pharma firm begins trading today at $9/share.  Ocular Therapeutix (OCUL), biopharma firm’s 5M share offering price at $13/share. Orion Engineered Carbons (OEC), carbon black producer begins trading at $18/share.  Advanced Drainage (WMS), corrugated pipe maker begins trading at $16/share.  Last but not least is El Pollo Loco going loco, begins trading today at $15/share and closed at $24.03.  If you are living in TX, CA, AZ, UT, you will be lucky to find one of their 400 stores.  Pollo Loco is known for their Mexican style grilled chicken.  They offer healthier food but still friendly to the wallet.  Could they compete with Chipotle?

 

From Dinar land : Vietnam1969 joining forces with Iraqi security forces have made some great progress in fighting ISIL.  Sandfly continues to fire Tbombs into their beehives and putting to sleep some worker bees.  Stealthwarrior managed to defuse 2 EIDs in time before it exploded in a mosque.  Human relief organizations and armed forces join together to supply many displaced people with food, drinking water, fuel and other necessary items.  Saint shakes his head listening to Friday sermons from the mosque are mixed, depending who gave the sermon.  ISIL’s sermon was an invitation to kill, whilst other sermons are more into self restraint and preserve unity of the country.  As Ramadan is ending, people are busy preparing for the festive by buying food and other necessities in the market.  Calkid11 heard Oil Minister said crude oil export in June exceeded 72M barrels generating over 7B dollars in revenue.  The majority of export was from southern ports.  The average price per barrel was $102.6 and the oil was transported to 25 oil companies. Ministry of Agriculture said Iraq’s irrigation system is designed with the most advanced international standards by European and US companies.  Iraq has contracted foreign advisors to supervise and train Iraqi engineers and staffs.  Basra port is busy with 8 cargo ships docked in the port bringing electronic, building materials and staples.  Even though some highways are cut off by terrorists but roads connecting the gulf countries with Iraq remain open and busy.  WheresmyRV heard several financial and monetary members are hopeful to be re-elected for the same position in the new government of Iraq.  Despite the violence happening right now, the future financial growth and stability of Iraq is secured.  

 

The President was elected on July 23rd, and He has 15 days to elect PM which will fall on August 7th.  House Speaker Jabouri announced they will convene on August 5th, two days earlier than the decided time.  Could it be the ducks are already in a row and ready to march? I am assuming Ban Ki Moon still there and having meetings with them.  Some people take holidays, but some people work on holidays J  We can only speculate.. but knowing how Iraq operates.. they can always surprise us by pulling from the hat sooner than later J  It seems to me Jabouri is taking the bull by the horn and trying to speed up the budget and approve 150 laws pending and seat the GOI before 3rd quarter is finished.  Yet again, only my simple mind wonders in Alice’s wonderland.

 

From rumor land : Admin Bob says economic experts are pushing for reform.  Tlar thinks the election of PM will be over before August 5th.  We need a budget, PM and RV.  The rate will be between $3-$4.  Millionday says Iraq claim to be activating the economic reform and that includes the monetary reform. The timeline is up to them but they certainly are preparing with the passage of many laws and the market as we have seen.  This is not a bad time to follow the news. 

 

The spin stops here  :)  send your comments to #naditafile,  Dinar Thug is next, good night everyone :)

Have a great weekend! enjoy the summer! 

Edited by Nadita
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"The timeline is up to them"....Noooooo kidding...maybe we need to light a fire under em to get this thing rollin'!!!

Thanks for the spin Nadita...great way to top off a long week..keep it up dear!!! :)

 

Rod :)

 

Thank God it's Friday and tomorrow I sleep in lol

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Nadita...this is for you. I think you will know what this means. Sorry I don't know how to post a youtube so that it shows it and you just click it.  If a mod wants to fix it that's fine with me.

 

http://www.youtube.com/watch?v=uIPS4LyveJs

 

GG :)

 

Thank you so much :)  and here it is :)

 

Zzzzzz ...

 

13-1.gif?w=427&h=311

 

    :D         :D         :D

 

Thuzzzzz :)

 

So if you are not zzzzzing, you are playing ping pong with yourself lol

 

You are too funny... thanks for the good laugh.. need it after a long day :)

GG,

 

Just like you say, let's go shopping, dinner with some wine and let's go :) 

 

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NADITA...

 

EXTRA work thanks!  Probably, in the history of mankind**, has there ever been so much going on at one time!  Betcha our prez wishes

he could just quit and walk away from it all......oh yeah,...he has!!............................. :facepalm1:

 

** 'cept for a few World Wars 

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Hi Nadita good morning, I hope you are sleeping in today after a action packed week of global events which you covered so well in your daily spin. A rest well deserved girl and thanks again for all that you do, your inspiration and sacrifice for all of us is much appreciated. Enjoy your weekend.

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Comparing Pollo Loco to Chipotle is apples n oranges.

Totally different concepts. The chicken IS good though. 
 

  "If you are living in TX, CA, AZ, UT, you will be lucky to find one of their 400 stores."
I think that's a line lost in translation there.

El Pollo Loco is actually common in Phoenix. 

"Lucky to find" implies scarcity.
 

Now, comparing Q-Doba to Chipotle, that's the one. Both assemble big burritos in front of you, and they're both great!!

(plug plug)

 

Anyway, regarding the news, I really wonder what the monetary reform priority will be once the new GOI is complete, seated, an operational.

Everyone seems to think it will pop once everyone is fully in place, but I think they have bigger fish to fry, like reclaiming Mosul from ISIS/ISIL.

They're killing everyone not aligned with them, and those they allow to flee get robbed on the way out of town!!

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Hi Nadita good morning, I hope you are sleeping in today after a action packed week of global events which you covered so well in your daily spin. A rest well deserved girl and thanks again for all that you do, your inspiration and sacrifice for all of us is much appreciated. Enjoy your weekend.

Thanks. I had a nice rested weekend :)

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