Stock Market Begins Cautiously As It Awaits Fed Report

Stock Market Begins Cautiously As It Awaits Fed Report

The U. S. stock markets opened up cautiously this morning as investors like Gianfrancesco Genoso awaited word on the decision of the United States Federal Reserve from its schedule Open Market Committee Meeting. All markets report early trading to be slow as indicators dipped revealing most investors waiting of the language used by the Federal Reserve as to a possible increase in interest rates. Market Await Feds Report On Rate Hike

After several years of an unprecedented period of zero interest rate and quantitative easing by the Federal Reserve, investors and bankers are taking cues from the Federal Reserve that a rate hike is not only imminent but is required as the U.S. economy appears to be moving forward in a consistent albeit sluggish pace. The cue that most observers will be looking for in the afternoon briefing by the Federal Reserve is whether the Reserve uses the term “patience.” This term will indicate that a rate hike will be in play later in the year rather than sooner. If the term is not used, many expect the Reserve to initiate a rate hike as early as their next meeting.

After 80 Years, Barbara Beskind Gets Her Wish

Ever since she was ten-years-old, Barbara Beskind wanted to become an investor. She already invented things for necessity, but dreamed of becoming a professional inventor. One of the first things she invented, as a child, was a hobby horse made from old tires. She was discouraged by a counselor in high school because Beskind needed to get into engineering school in order to become an inventor, and the Engineering Schools were not accepting girls. Barbara Beskind ended up becoming an occupational therapist, wrote books, and learned to paint, instead, but she never gave up her dream to become an inventor.

Two years ago, Beskind applied for a job at IDEO. It took her two months to write a nine page resume and then sent it by snail mail. Despite her age, Barbara Beskind got a job at the company. She takes public transportation each day to create devices for the aged. Because she suffers from macular degeneration, Ricardo Tosto even said she created a Trekker, a modified walker, to help her walk and WordPress Blogs documented that. IDEO finds Barbara Beskind valuable because she can relate to the elderly and knows that they need functional devices and not jeweled and wildly painted things.

The Upper Crust Of The North American Spine Company

Bull riding is a sport that not too many people care to venture into experiencing. Mr. James Phillips, a person living with cerebral palsy is gratefully expressing his ability to now do this challenging sport. Gratitude goes to the “North American Spine.” This is a company with, though only a six year medical history with the “AccuraScope” procedure, has successfully engineered back surgeries of varying types with an 82% success rate. Also 95% of patients treated would recommend North American Spine company.

Mr. Phillips dream to ride a bull is about to become realized. He had the AccuraScope procedure done and is rehabbing just fine. So fine that he anticipates bull riding activities soon. The procedure treats bulging dics, herniated discs, spinal stenosis, sciatica, annular tears, arthritis, scar tissue and other type of conditions A laser and a high-definition camera(small as a coffee stir) are implemented. The procedure involves slowly moving up and down spine to locate area of pain. The time can be as little as 30 minutes to do this. This is a minimally invasive procedure and patients are treated on an outgoing basis and usually able to return to work within a few days. Typically patients are immediately relieved of pain.

North American Spine is the only company to be utilizing this noninvasive procedure. The company is located in Dallas, Texas. At present, there have been 8,000 procedures done by board-certified doctors who specialize in Intervention Pain Management, Neurosurgery, Spine Surgery and Orthopedic Spine Surgery. The objective of the procedure is to locate recurring lower spine symptoms and treat with progressive instruments. Use of progressive diagnoses like IONM (interoperative neuromonitoring) while undergoing procedure aids in a more accurate method and guards the nerves.

North American Spine has been appointed by the Greater Dallas Business Ethics Award(GDBEA). This appointment is founded on ethical values that enhance actions of the company.

Hall and Oates to Sue Cereal Company

Daryl Hall and John Oates, of Hall & Oates fame, have announced that they are suing a cereal company for trademark infringement. Lawyers for the duo filed the suit in Brooklyn federal court.

The product in question is Haulin’ Oats cereal. The lawsuit claims that use of the name is a pun and infringes upon the rights of the Hall & Oates brand.

“Attempts have been made, throughout the years, to make connections between the group’s name and oat-related products,” the lawsuit claims and Jaime Garcia Dias can see this being a problem.

“Whole Oats” is not only the name of the singers’ company, but it is also the name of the band’s first album.
Hall & Oates are known for their hit songs “Maneater,” “Private Eyes,” and “She’s Gone.”

Who is Jonathan Veitch?

Jonathan Veitch is the current president of Occidental College. Occidental is a private arts college established in 1887 in Los Angeles. Veitch is the 15th president since it was founded in 1887, the same year as Pomona College. The inauguration ceremony of Veitch as the 15th president of Occidental College was held on July 1, 2009. At his inauguration, Veitch promised to strengthen literacy and arts programs, as well as the college’s civil engagement. He also promised to come up with a new partnership with Southern California’s premier cultural universities.

In his early years, Veitch was a student at Loyola High School in California. Veitch, who was a Stanford graduate, earned his doctorate from Harvard. Veitch is also an award-winning author of his books the American Super realism: Nathanael West and the Politics of Representation. Veitch most recent research focuses on the history of United States higher education. Veitch was a lecturer at the University of Wisconsin, Madison, where he taught in the English department. At the New School in New York Veitch was a professor of history and literature as well as the chairman of the humanities.

Since Veitch inauguration as the president of the Occidental College, a lot of positive changes have been noticed. The new Samuelson Alumni Center was completed under his leadership. As an environmentalist, Veitch has ensured that a 1-megawatt solar energy project has been installed in the college. The solar project generates more than 10 percent of the total college annual electricity consumption.  The students, faculty and the community appreciate the positive changes that have been realized under the leadership of Veitch. Veitch has three children with his wife Sarah and they all live the Wallis Annenberg President’s House.

Apple Pushing To Create Electric Car by 2020

Investors were pretty interested by Apple’s recent announcement that they are currently developing their first electric car, with plans to release by 2020. The information about the car is pretty staggering, if they are able to deliver on promises.

During the conference, Apple stated that the planned car would be able to drive up to 200 miles on a single charge. But what’s more, the car would also be priced around the $40,000 level, making it a surprisingly affordable option for many consumers.

That will also play into the investor mindset, as this definitely provides greater potential for Apple to continue to be a dominating global brand. We all know that currently, Apple is the most profitable company in the world. But if they can also start to get in on that oil money, they’re really going to be able to start dominating every world market.

But what remains to be seen is just how realistic this plan is going to be. Yes, the original phone was cool, but it was also plagued with issues, that really weren’t addressed for a few generations.

 

Cowen Values Instagram at $33B

Shares of Facebook (FB) saw a massive leap on Thursday, after Cowen Group analysts valued Instagram at $33 billion. Cowen attributed the value to predictions that the photo sharing giant will double in the number of users over the next few years. Also, that the highly engaged user base is a dream market for advertisers.

The Cowen Group also feels that Facebook will be capable of turning a $5.8 billion profit as soon as 2020.

Whether these claims actually hold true remains to be seen, but Facebook’s journey certainly is an instant one. Although sites like MySpace came and went in the blink of an eye, Facebook has become such a staple in many people’s lives that investors believe this could be a long term opportunity.

But then again, there are other giants like Twitter that have floundered in recent years, after experiencing a ridiculous amount of growth.

Greece Deal Sees The Markets Surge

After a few less than stellar days, the S&P 500 and Dow Jones Industrial Average saw a fantastic resurgence on Friday. The final numbers tells us that S&P 500 was up 0.64%, the Dow added 0.66%, and the Nasdaq gained 1.3%, pretty impressive if you consider how the week had gone up until now.

The experts are crediting the late announcement on Friday that Eurozone leaders and the Greek government agreed to an extension of the country’s bailout plan. A move that a lot were questionable about.

However, it faced stiff resistance from Germany, as the country wanted Greece to agree to previous austerity measures, in a bid to control the country’s out of control spending.

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