Nadita File – 09/25/2014 Post brought from Dinar Daily
Good evening everyone, thanks for watching Nadita File where the spin starts here J
There are a lot to report today, let’s start with :
Fighting ISIS : Chess reported Pentagon says ISIS controlled refineries, vehicles hit on 3rd night of airstrikes in Syria. US, UAE, and Saudi Arabia involved in latest attacks on ISIS in eastern Syria.
Saudi Arabia Prince Khaled bin Salman is one of F15 fighter jet pilots, I bet he flied rock n roll music while flying the jet like Top Gun J He is joined by Mariam al Mansouri, one of UAE F16 pilot.
Syrian opposition says US led airstrikes also killed civilians in area under control by ISIS militants. Pentagon says no credible evidence civilians are killed.
Kurdish forces in northern Syria pushed back ISIS advance on key Turkish border town, appeal for air strikes. 140,000 Kurds have fled Syria for Turkey.
Thriver gives thumb up as France considers extending air strikes to Syria, already conducting strikes in Iraq. UK’s PM Cameron plans to ask Parliament to approve US airstrikes on Friday.
Turkey remains coy in coalition against militants. Turkey threatened as ISIS controls areas near borders with Iraq and Syria.
Iranian Pres. Rouhani says extremists want to provoke hatred of Muslims and destroy civilization. Blames Western led wars and policies for fueling militants. He also suggested cooperation against ISIS if West eases sanctions on Iran’s nuclear program. Secy of State Kerry says EU’s Ashton to meet Iran’s FM tonight.
Other News: Littlesam heard Pres. Obama at UN meeting on Ebola, says world isn’t doing enough to combat Ebola. He adds it’s a “growing threat” to regional and global security.
WHO says 6,242 cases, 2,900 deaths in West Africa. Sierra Leone condons off areas with 1/3 of population, quarantines other areas to stop Ebola spread.
Palestinian official confirms Hamas and Fatah agree to unity government in Gaza. Unity government will take immediate control as security talks ongoing.
Jordanian military court acquits radical muslim preacher Abu Qatada. He was charged for role in plotting attacks against Americans and Israelis. Pakistan says US drones launched attacks near the Afghan border. They say at least 10 suspected militants killed in NW tribal region.
Japan stepped up sanctions against Russia over its actions in Ukraine. Includes banning some Russian banks from issuing securities in Japan.
Gymrat76541 smiled to hear an Indian satellite is now orbiting Mars, a first for the country. The orbiter will circle Mars for at least 6 months.
UK authorities charged Londoner with conspiring to murder coalition troops in Iraq in 2007. Anis Abid Sardar charged after IEDs recovered in Anbar province. Police in Australia say terror suspect was shot dead after stabbing two counter-terrorism police officers. Experts saying the attack was inspired by ISIS.
Uneek heard Jesse Leroy Matthew Jr. in custody after arrest in Galvaston, TX. Charged with abducting 18 year old UVA student Hannah Graham, last seen September 13th. Matthew is expected to be extradited to Virginia within a day or two. Police says they absolutely are continuing search for Hannah.
SC state trooper charged with felony shooting of unarmed man during seatbelt violation stop. Officials say video shows Sean Groubert shot man as he reached into car.
Rodandstaff reported consumer debt decreasing in every major lending category except one : student loans. Student loans up 84% since 2008, now at $1.2T, an all time high.
Genx4me doesn’t know what to think about Obamacare. HHS reported hospitals likely to save $5.7B this year in uncompensated costs via Affordable Care Act. 74% of savings will go to states that have expanded Medicaid.
Rayzur wondered why DOJ official says AG Eric Holder will announce plans to step down. He held office nearly six years, will stay until successor chosen.
LA moves closer to $15.37 minimum wage for hotel workers. LA City Council will hold a final vote next week.
King fire rampages in northern California, 95K acres burned. 8,000 firefighters battle blasé, 43% contained, cost $53M so far.
The bull slipped 264 points at trading today, global worries in focus. Gold closed at $1,223, silver at $17.52, copper at $3.03. Crude oil at $92.48
Apple pulls first iOS 8 update. Apple says it has a work around for new iOS 8 update, crashes calling and touch ID services. Apple apologizes, working to fix issue with new update in the next few days. It’s reported in social media that iPhone 6 and 6 Plus bending if kept in front pants pocket too long.
Samsung to launch new Galaxy Note 4 smartphone in China this month before iPhone 6 launches there.
Blackberry releases new “Passport” smartphone, has square screen and touch sensitive tactile keyboard.
A-J516 wonders if anyone eating at Jimmy John? It is reported restaurant chain Jimmy John was hacked at 216 stores. Follows security breaches at Target, Neiman Marcus, Michaels, Home Depot.
Jabil Circuit (JBL) sees Q1 revenues up 6% and profits above street est. It makes iPhones casings.
Autozone (AZO) downgraded to hold from buy at Argus. Comerica (CMA) raised to buy from hold at Wunderlich with price target $65. Barrick Gold (AB) is upgraded to overweight from neutral at HSBC.
Russian draft law would let it seize foreign assets. German market drops over 1%.
Chrysler recalls 350K model 2008 vehicles. Ignition key may get stuck or inadvertently move. No known crashes related to possible defect. Chrysler Ram pick-up output at Warren, MI plant to rise by 38,500 on demand surge, up 21.3% year to date. Ford plans to add 1,200 jobs at Missouri plant on strong demand for Transit vans.
Nannab is happy to hear Coke, Pepsi and Dr. Pepper say they will work to reduce the calories we get from the beverages by 20% over the next decade.
NutraSweet will exit aspartame business by end of 2014. Company cites increased competition overseas. Boston Scientific (BSX) loses license lawsuit, must pay Mirwoski family ventures $308M, plans appeal.
Vista Equity and Thomas Bravo among private equity firms vying for Tibco Software (TIBX). Tibco is a global leader in infrastructure and business intelligence software. EU antitrust regulators will approve Facebook’s $19B bid for WhatsApp messenger.
IPO Buzz : Citizens Financial (CFG) opens for trading, priced at $21.50/share, below expected range, raised $3B. CFG is the biggest bank IPO in a decade.
Small & Final (SFS), retailer debuts at $12, low end of expected range, raises $161M.
Medley Mgmt (MDLY) begins trading, priced 6M shares a5 $18, raises approx $125M.
Travelport (TVPT), online travel site begins trading at $16/share, top of expected range. Offering 30M shares to raise $480M.
CyberArk Software (CYBR), global IT security company, opened for trading yesterday, 5.36M shares at $16. The stock gained 87% yesterday, closed at $29.93. It raised $75M.
Recent growth IPOs : GoPro (GPRO) - 235%, El Polo Locco (LOCO) – 138%, Mobileye (MBLY) – 107%, CyberArk Software (CYBR) – 38%, Alibaba Group (BABA) – 33%
Private equity backed Vantage Energy postpones $637M IPO. Shale oil producer cites unfavorable market conditions. Oracle (ORCL) CEO Larry Ellison got 15.5% paycut in 2014, took home $67.3M in compensation.. not bad J
Judge rules Sirius XM (SIRI) liable for not paying royalties on recordings made before 1972. Case was brought by 1960s band The Turtles, best known for song “Happy Together”. Ruling could have major implications for digital music industry.
SEC probing whether Pimco inflated returns on its $3.6B total return ETF. Probe underway for months, Bill Gross is questioned. FDA approves expanded use of Celgene’s (CELG) psoriasis drug Otezla.
China may replace Bank of China Governor Zhou Xiao Chuan as par of wider personnel reshuffling. PBoC Zhou supports market oriented reforms, removal could signal reform slowdown.
Got drones? Facebook says dron as big as a 747 could fly next year. DHL tests delivery service in Germany. FAA expected to announce permits to seven movie and TV studios to fly drones. Unmanned aircraft confined to close sets, run by 3 person team.
Calkid11 feels bad as Yahoo is stuck at the hip with Alibaba for one year lock up. Yahoo is downgraded at RBC on post alibaba valuations.
PM Abadi promised to be more inclusive than Maliki. He said for the fight against terrorism to succeed, Iraq’s Sunnis must turn against ISIL and its supporters.
Iraqi armed forces and Kurdish peshmerga are expected to lead the ground offensives but Sunni tribesmen are needed to participate as well to ensure the isolation of ISIS. Iraqi security forces reported it foiled another attempt by ISIL to storm Beiji refinery north of Tikrit.
Captl1 was in a meeting with Ministry of Interior said they will receive advanced explosive detectors soon which will be used to detect IEDs and other explosive materials.
Baghdad municipalities are preparing for Eid al-Adha at the end of Haj season. Eid al-Adha is a three day celebration where animals are traditionally sacrificed and the meat are distributed among the poor.
It is an official holiday so it is expected that restaurants and amusement parks will be filled with families. Lots of security measures must be taken.
Boosterbglee reported Syrian government says US airstrikes are going in the right direction because they are not hitting civilians or Syrian military targets. Ali Haidar, Minister of National Reconciliation said his government was notified before airstrikes, so Syrian air defenses would not be activated.
Syrian government is trying to gain legitimacy as the protector of minorities and front line against ISIL. Pres. Obama says Syrian civil war cannot be resolved by armed struggle only but it needs political solutions where all Syrians are represented.
Lebanon is bracing itself for more violence by ISIL as three of their soldiers have been executed by ISIL and holding 15 more. ISIL demanded Lebanon to release their jailed comrades. US and France are sending much needed arms to the Lebanese armed forces to combat terrorism.
Jordan is also bracing itself against ISIL revenge for their aistrikes in Syria. Jordan’s King Abdullah II said he will not use any phrases that contain the word islam in describing ISIL or ISIS as there is nothing Islamic in this criminal organization.
The Speaker of House, Jabouri urged CBI governor to maintain stability of dinar and actively address the issue of money laundering. Baghdad provinceial council said it will rebuild the infrastructure of the city of Amerly that was besieged by ISIL for over two months.
The siege destroyed sewage lines, drinking water reservoirs and others. Billions of dinars were poured to help the city’s residents.
Thi qar Province is hosting its first rade fair in al-Nassiriyah. The fair includes local private and public exhibits, regional and international companies are participating in the fair. France has promised to actively rebuilding Thi Qar province to become a model of progress.
Amer al-Jawahri, an economist whose organization is a consultant involved in rebuilding Iraq’s infrastructure says Iraq does not lack human or natural resources to become a beacon of progress in the region.
Members of parliament on planning and investment, monetary and trade committees said they are eager and ready to start holding debates and pass legislation that will advance Iraq through the next phases of economic growth.
Industrial growth and petrochemical sector are tops in their agenda. They expect rapid progress in those fields as crisis created by ISIL will be resolved.
From Rumor Land : Millionday thinks when the budget is passed, things will move very fast due to distributions in the budget itself.
TerryK says he is hearing Friday maybe our magic day.
Lojak says jet let things flow.. it’s all gonna work out.
Poppy3 believes rv to follow very shortly after they meet their deadlines on payments.
Mailman17 says unlike the old days where we expected the roller coaster to come to a halt… this one is gaining speed and will break through the guard with rv at the front.
Frank26 says the fact that CBI is talking about lifting the zeros is because they want to.
Enorrste says the removal of zeros notes will lead to major rise in the value of dinar.
Pepperoni on pizza thinks it will float, no options.. got life jacket..? J
The spin stops here J send your comments to #naditafile, Dinar Thug is next, good night everyone J
Have a blessed week with your family J