5 Stocks Ready to Break Out

 DELAFIELD, Wis. (Stockpickr) -- Trading stocks that trigger major breakouts can lead to massive profits. Once a stock trends to a new high, or takes out a prior overhead resistance point, then it's free to find new buyers and momentum players that can ultimately push the stock significantly higher.

One example of a successful breakout trade I flagged recently was biopharmaceutical player Vanda Pharmaceuticals (VNDA), which I featured in July 11's "5 Stocks Setting Up to Break Out" at around $8.70 a share. I mentioned in that piece that shares of VNDA had recently pulled back sharply from its 52-week high of $13.30 to its low of $7.44 a share. Following that pullback, shares of VNDA were starting to reverse its downtrend and enter an uptrend with the stock moving back above its 50-day moving average. That move was quickly pushing VNDA within range of triggering a near-term breakout trade above some key overhead resistance levels at $8.74 to $10 a share.

Guess what happened? Shares of VNDA started to move into breakout territory the following week with the stock hitting an intraday high of $9.50 a share. Then shares of VNDA pulled back again back below its 50-day moving average to a low of $8.01 a share. That pullback never took VNDA below that prior $7.44 a share low. Then VNDA exploded higher on July 30 with monster upside volume after U.S. regulators said they would give a priority review to the company's treatment for sleep disorders. This stock went on to hit an intraday high of $12.12 a share on July 31 with strong upside volume. That represents a gain of close to 40% for anyone who bought the stock near $8.70 a share.

Breakout candidates are something that I tweet about on a daily basis. I frequently tweet out high-probability setups, breakout plays and stocks that are acting technically bullish. These are the stocks that often go on to make monster moves to the upside. What's great about breakout trading is that you focus on trend, price and volume. You don't have to concern yourself with anything else. The charts do all the talking.

Trading breakouts is not a new game on Wall Street. This strategy has been mastered by legendary traders such as William O'Neal, Stan Weinstein and Nicolas Darvas. These pros know that once a stock starts to break out above past resistance levels, and hold above those breakout prices, then it can easily trend significantly higher.

With that in mind, here's a look at five stocks that are setting up to break out and trade higher from current levels.

AcelRx Pharmaceuticals

One stock that's starting to trend within range of triggering a major breakout trade is AcelRx Pharmaceuticals (ACRX), a specialty pharmaceutical company involved in the development and commercialization of therapies for the treatment of acute and breakthrough pain. This stock is off to a booming start for the bulls so far in 2013, with shares up a whopping 189%.

If you take a look at the chart for AcelRx Pharmaceuticals, you'll notice that this stock recently formed a double-bottom chart pattern at $11.46 to $11.43 a share. Following that bottom, shares of ACRX have now started to spike higher and move within range of taking out some key near-term overhead resistance levels. If those levels get taken out with volume soon, then ACRX will trigger a major breakout trade.

Traders should now look for long-biased trades in ACRX if it manages to break out above some near-term overhead resistance levels at $12.57 to its 52-week high at $13.50 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average volume of 648,667 shares. If that breakout triggers soon, then ACRX will set up to enter new 52-week-high territory above $13.50, which is bullish technical price action. Some possible upside targets off that breakout are $17 to $20 a share.

Traders can look to buy ACRX off any weakness to anticipate that breakout and simply use a stop that sits right below $11.43 a share, or near its 50-day at $10.27 a share. One could also buy ACRX off strength once it takes out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.

This stock is a favorite target of the bears, since the current short interest as a percentage of the float for ACRX is very high at 16.9%. The bears have also been increasing their bets from the last reporting period by 35.5%, or by about 836,000 shares. If that breakout triggers soon, then ACRX could easily experience a monster short-squeeze, so make sure to put this name on your breakout trading radar.

Jive Software

Another stock that looks poised to trigger a near-term breakout trade is Jive Software (JIVE), which provides a social business software platform. It provides the Jive Engage platform for its customers for business. This stock has been under selling pressure over the last six months, with shares off by 14%.

If you take a look at the chart for Jive Software, you'll notice that this stock recently gapped down sharply from over $17 a share to under $13.50 a share with heavy downside volume. Following that move, shares of JIVE went on to tag its recent low of $12.74 a share. That move has now pushed shares of JIVE into oversold territory, since its current relative strength index reading is 19.23. Oversold can always get more oversold, but it's also an area from which a stock can experience a powerful bounce higher. Shares of JIVE are now starting to trend back up and move within range of triggering a near-term breakout trade.

Traders should now look for long-biased trades in JIVE if it manages to break out above Friday's intraday high of $13.87 a share and then once it clears its gap down day high of $14.13 a share high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 812,638 shares. If that breakout triggers soon, then JIVE will set up to re-fill some of its previous gap down zone that started just above $17 a share.

Traders can look to buy JIVE off any weakness to anticipate that breakout and simply use a stop that sits right below its recent low of $12.74 a share. One could also buy JIVE off strength once it takes out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.

The short-sellers love this stock, since the current short interest as a percentage of the float for JIVE is very high at 17.6%. This stock could easily experience a sharp short-covering rally if it gets into that gap with volume soon, so make sure to put this name on your breakout trading radar.

Cliffs Natural Resources

Another stock that's starting to move within range of triggering a near-term breakout trade is Cliffs Natural Resources (CLF), a mining and natural resources company that produces iron ore pellets, fines and lump ore, and metallurgical coal. This stock has been hammered by the sellers so far in 2013, with shares off by 47%.

If you look at the chart for Cliffs Natural Resources, you'll notice that this stock recently formed a double bottom chart pattern at $15.50 to $15.41 a share. Following that bottom, shares of CLF have started to uptrend strong, with the stock moving higher from its low of $15.41 to its intraday high of $20.50 a share. During that uptrend, shares of CLF have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of CLF within range of triggering a near-term breakout trade.

Traders should now look for long-biased trades in CLF if it manages to break out above some near-term overhead resistance levels at $20.30 to $21.96 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 9.87 million shares. If that breakout triggers soon, then CLF will set up to re-test or possibly take out its next major overhead resistance levels at $23.59 to its 200-day moving average at $26.26 a share. Any high-volume move above its 200-day will then put $30 within range for shears of CLF.

Traders can look to buy CLF off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support at $19.27 a share, or right near its 50-day at $17.93 a share. One can also buy CLF off strength once it takes out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.

This is another name that is very popular among the bears, since the current short interest as a percentage of the float for CLF is very high at 36.8%. If that breakout hits soon, then CLF could easily see a monster short-squeeze, so be prepared to play it if it triggers with volume.

Celldex Therapeutics

Another stock that's quickly moving within range of triggering a major breakout trade is Celldex Therapeutics (CLDX), which is focused on the development and commercialization of several immunotherapy technologies for the treatment of cancer and other difficult-to-treat diseases. This stock has been red hot so far in 2013, with shares up 222%.

If you look at the chart for Celldex Therapeutics, you'll notice that this stock has recently formed a perfect double bottom chart pattern at $19.20 a share. Following that bottom, shares of CLDX have started to uptrend and move within range of triggering a major breakout trade. That trade will trigger if CLDX manages to take out some key near-term overhead resistance levels with strong upside volume flows.

Traders should now look for long-biased trades in CLDX if it manages to break out above some near-term overhead resistance at $21.88 to its 52-week high at $21.98 a share volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 1.79 million shares. If that breakout triggers soon, then CLDX will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $25 to $30 a share.

Traders can look to buy CLDX off any weakness to anticipate that breakout and simply use a stop that sits right below $19.20 a share, or below more support at $18 a share. One can also buy CLDX off strength once it takes out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.

The short-sellers love to target this stock, since the current short interest as a percentage of the float for CLDX is pretty high at 10.5%. A decent short-squeeze could materialize for CLDX if it breaks out soon with volume, so keep an eye on this name.

Alnylam Pharmaceuticals

My final breakout trading prospect is Alnylam Pharmaceuticals (ALNY), which is developing novel therapeutics based on RNA interference, a naturally occurring biological pathway within cells for selectively silencing and regulating the expression of specific genes. This stock has been on fire so far in 2013, with shares up 166%.

If you look at the chart for Alnylam Pharmaceuticals, you'll notice that this stock has been uptrending strong for the last month, with shares moving higher from its low of $42.19 to its intraday high of $49.73 a share. During that uptrend, shares of ALNY have been consistently making higher lows and higher highs, which is bullish technical price action. That move is coming after ALNY recently pulled back from its 52-week high of $51 to $42.19 a share. Shares of ALNY are now quickly moving within range of triggering a near-term breakout trade.

Traders should now look for long-biased trades in ALNY if it manages to break out above Friday's intraday high of $49.73 a share and then once it takes out its 52-week high at $51 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 647,812 shares. If that breakout triggers soon, then ALNY will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $55 to $65 a share.

Traders can look to buy ALNY off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support at $45 a share, or below more support at $42.19 a share. One could also buy ALNY off strength once it clears those breakout levels with volume and then simply use a stop that sits a conformable percentage from your entry point.

Keep in mind that this company is set to report earnings on Thursday, August 8, 2013 after the market close. Temper your upside expectations if you play the breakout ahead of the quarter, and look for much bigger upside after the quarter if the stock remains in its uptrend. Holding through earnings is always risky, so only play ALNY after earnings if the stock reacts positively to the numbers.

To see more breakout candidates, check out the Breakout Stocks of the Week portfolio on Stockpickr.

-- Written by Roberto Pedone in Delafield, Wis.

Real cost of lawmaker squabbles: 1.75M jobs, 2% economic output

Bloomberg News

The mounting polarization of U.S. politics imperils the U.S. economy, robbing it of jobs and investment.

So warns economist Marina Azzimonti of the Federal Reserve Bank of Philadelphia, who created an index to measure the tone of political debate and its impact on hiring, investment and general economic growth.

“Polarization significantly discourages investment, output and employment,” she said in the study released last week by the regional Fed bank. “Moreover, these declines are persistent, which may help explain the slow recovery since the 2007 recession ended.”

(More: 5 ways the government shutdown affected investment portfolios)

Ms. Azzimonti's political polarization index is based on a search of news stories to measure the coverage of lawmaker disagreement from January 1981 to April 2013. It climbed after the recession ended in 2009 and peaked toward late 2012. At the time, politicians were trying to resolve the so-called fiscal cliff, which would have inflicted tax increases and spending cuts on the economy.

The index rose from about 75 in 1981 to about 200 at the end of last year. The project didn't include the recent government shutdown or fight over raising the debt ceiling.

Using the period 2007 to 2012, over which the index jumped 64 points, the Azzimonti model found that employment decreases in conjunction with a surge in political infighting, with a peak loss of 1.75 million jobs after six quarters. Investment decreases as much as 8.6% after five quarters, and output shrinks 2%.

Political clashes increase the volatility of fiscal policy, spurring uncertainty in economic policies. That in turn cools activity, she wrote.

The index also spikes around election dates, be they for the president or Congress. It tends to be lower around military conflicts or national security threats, such as the Sept. 11 attacks.

“This suggests that American politics are very polarized regarding economic policy or private-sector regulation reforms, but less divided when it comes to national defense issues,” said Ms. Azzimonti.

(Bloomberg News)

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Simon Property Group Inc Beats Analysts’ Estimates; Raises Dividend (SPG)

Before the opening bell on Friday, Simon Property Group (SPG) announced its quarterly earnings and raised its quarterly dividend 4.3%.

SPG’s Earnings in Brief

-Simon Property Group announced third quarter revenues of $1.3 billion, which beat analysts’ estimates of $1.28 billion.
-The REIT reported funds from operations (FFO) of $802.8 million, or $2.21 per share, which was up from last year’s Q3 FFO of $720.1 million, or $1.99 per share. This beat analysts’ estimate of $2.16.
-Net income attributable to common shareholders came in at $311.7 million, or $1 per diluted share, an increase from last year’s same quarter figure of $254.9 million, or 84 cents per share.
-The company’s EPS guidance for the full year is $8.72-$8.78.

Dividend Raise

Best Blue Chip Companies To Invest In Right Now

SPG raised its quarterly dividend 4.3% to $1.20. Previously the company paid out $1.15. The dividend is payable on November 29 to all shareholders of record on November 15. The ex-dividend date is November 13.

Stock Performance

SPG stock was inactive in pre-market trading this morning. YTD, the company’s stock is up just 0.44%.

5 Best Warren Buffett Stocks To Watch Right Now

The "StressTest" column appears every Thursday on Fool.com. Check back weekly, and follow�@TMFStressTest�on Twitter.

A careful observer might wonder if the widespread adoration for�Warren Buffett is little more than lip service. Or, at the very least, some Buffett admirers are suffering from a bout of cognitive dissonance.

In the wake of the Great Recession, a great many investors -- not to mention the media -- have yet to get over the crisis-induced hatred of banks. A quick search of headlines over the past year is revealing:

"Bank of America too big, complex to be manageable"
"Wilbur Ross: Banks 'Too Complex to Manage'"
"Bank Of America Has Failed Shareholders"
"19,654 Reasons Big Banks Are Too Complex"

To read much of it, there's no hope for the banks' own executives -- let alone outside investors -- to understand what's going on in those banks. Investing in a situation like that would be financial suicide.�

5 Best Warren Buffett Stocks To Watch Right Now: Trina Solar Limited(TSL)

Trina Solar Limited, through its subsidiaries, designs, develops, manufactures, and sells photovoltaic (PV) modules worldwide. The company offers monocrystalline PV modules ranging from 165 watts to 185 watts in power output; and multicrystalline PV modules ranging from 215 watts to 240 watts in power output that provide electric power for residential, commercial, industrial, and other applications. It also involves in the design and production of various PV modules, such as colored modules for architectural applications and larger sized modules for utility grid applications based on customers? and end-users? specifications. Trina Solar Limited sells and markets its products primarily to distributors, wholesalers, power plant developers and operators, and PV system integrators. The company was founded in 1997 and is based in Changzhou, the People?s Republic of China.

Advisors' Opinion:

• [By Rick Munarriz]

  5. The sun sets
  Trina Solar (NYSE: TSL  ) didn't seem so bright after posting disappointing quarterly results this week.

  The Chinese maker of solar energy products tumbled 11% on Wednesday after posting a surprising decline in revenue and a much wider loss than Wall Street expected.

• [By Paul Ausick]

  DJIA stocks on the move: Lions Gate Entertainment Corp. (NYSE: LGF) hit a new 52-week high of $35.13 on Wednesday. Trina Solar Ltd. (NASDAQ: TSL) rose more than 15% after posting better than expected earnings on Tuesday, Aeropostale Inc. (NYSE: ARO) put up a new 52-week low of $11.40, and another teen retailer, and American Eagle Outfitter Inc. (NYSE: AEO) also put up a new low of $14.33.

5 Best Warren Buffett Stocks To Watch Right Now: Network Engines Inc(NEI)

Network Engines, Inc. designs and manufactures application platforms and appliance solutions on which software applications are applied for enterprise and telephony information technology networks. The company?s application platforms are pre-configured server-based network infrastructure devices designed to deliver specific software application functionality, and enhance the integration, manageability, and security of that software application in an end user?s network. It also offers platform management software tools and support services related to solution design, systems integration, application management, global logistics, and support and maintenance programs. The company markets its application platform solutions and services to original equipment manufacturers and independent software vendors in the United States and internationally. Network Engines, Inc. was founded in 1989 and is headquartered in Canton, Massachusetts.

Advisors' Opinion:

• [By CRWE]

  NEI (Nasdaq:NEI), a leading provider of server-based application platforms, deployment solutions and lifecycle support services for software technology developers and OEMs worldwide, announced today that it has signed a definitive merger agreement with UNICOM Systems, Inc. (“UNICOM”) and a new UNICOM subsidiary under which UNICOM, a global information technology company and part of the UNICOM group of companies, will acquire NEI for $1.45 per common share in cash.

Best Low Price Companies To Watch In Right Now: Doxa Energy Ltd (DXA.V)

Doxa Energy Ltd., a junior oil and gas company, engages in the acquisition, exploration, and development of oil and gas properties primarily in south Texas, the United States. The company develops and maintains a portfolio of producing and developing conventional projects; and unconventional assets, including the Eagle Ford Shale Oil Play in south Texas. It also holds interest in the Mississippian Oil Play in northern Oklahoma. Doxa Energy Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.

5 Best Warren Buffett Stocks To Watch Right Now: Research in Motion Limited(RIMM)

Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The company, through the development of integrated hardware, software, and services, provides platforms and solutions for seamless access to time-sensitive information, including email, phone, short messaging service, and Internet and Intranet-based applications and browsing. Its products and services principally comprise the BlackBerry wireless platform, the RIM Wireless Handheld product line, software development tools, and other software and hardware. The company?s BlackBerry smartphones use wireless, push-based technology that delivers data to mobile users? business and consumer applications. Its BlackBerry smartphone portfolio includes BlackBerry Bold series, the BlackBerry Torch, BlackBerry Curve series, the BlackBerry Style, BlackBerry Storm series, the BlackBerry Tour, BlackBerry Pearl series, and the BlackBerry PlayBook tablet. T he company?s BlackBerry enterprise solutions comprise BlackBerry enterprise server, BlackBerry enterprise server express, BlackBerry mobile voice system, and hosted BlackBerry services. Its technology also enables third party developers and manufacturers to enhance their products and services through software development kits, wireless connectivity to data, and third-party support programs. In addition, the company offers BlackBerry technical support services, non-warranty repairs, and nonrecurring engineering services. Further, it provides BlackBerry App World that offers BlackBerry smartphone users an electronic catalogue that aids in the discovery and download/purchase of applications directly from their BlackBerry smartphone. The company markets and sells its BlackBerry wireless solutions primarily through global wireless communications carriers, and third party distribution channels. Research In Motion Limited was founded in 1984 and is headquartered in Waterloo, Canad a.

Advisors' Opinion:

• [By Geoff Gannon] east loved of these is ��of course ��RIMM. Einhorn already has a paper loss in that stock. His average cost was $18.88 a share. Today�� price is $15.05. That�� a 20% loss. And Einhorn only started buying Research In Motion in the last three months of 2011.

  But Research In Motion is a pretty small position ��0.81% of Einhorn�� total portfolio ��compared to one of his other new buys: Dell.

  Einhorn already owns $255 million of Dell shares. He paid $15.36 a share. The stock is now at $18.08 a share. That�� an 18% gain. And Dell will mean a lot more to Einhorn�� performance than Research In Motion. Dell is a 3.9% position for Einhorn. That�� almost five times the size of his investment in Research In Motion. So ��for now at least ��Einhorn�� paper gain on Dell will more than make up for his paper loss on RIMM.

  Finally, there�� Yahoo.

  This is a quasi-new buy for Einhorn. He actually bought a 8.5 million shares of Yahoo in the first quarter of 2011 only to sell them for a 2% loss the next quarter. Einhorn was out of Yahoo completely for the third quarter of 2011. And now he�� back in with about 3 million shares bought in the fourth quarter of 2011. Einhorn�� average price is a wee bit lower this time. His original purchase price ��back in first quarter 2011 ��was $16.64 a share. He got his Yahoo shares about 6% cheaper this time around. Einhorn paid $15.66 a share for his 3 million shares of Yahoo. The stock is down a smidge from there. Around $15.25 a share.

  There have been reports of a breakdown in Yahoo�� buyout talks. But that�� par for the course in a situation like this where a company is shopping itself around. There will be lots of people leaking stories for lots of different reasons. Don�� believe everything you read about Yahoo. And certainly don�� try to trade on everything you read about Yahoo.

  Why is Einhorn buying Yahoo?

  Probably on a sum of the parts basis. As everybod

• [By Geoff Gannon]

  This is an important question because you may have in mind that you have a lot of faith in Apple right now. That faith may be well founded. But if you have little faith in Apple four or five or six years out ��do you really think you will be the first to spot the company's loss of leadership? Think about how quickly companies like Nokia (NOK) and Research In Motion (RIMM) saw their P/E ratios contract when investors realized just how far they were behind the competition. Do you really think you will be fast enough to spot a change in Apple's position? It�� not enough to see the writing on the wall. You have to see it faster than everyone else. You have to sell before they do.

5 Best Warren Buffett Stocks To Watch Right Now: MSB Financial Corp.(MSBF)

MSB Financial Corp. operates as the holding company for Millington Savings Bank that offers various banking products and services in New Jersey. It offers various deposit products, including checking and savings accounts, certificates of deposit, and fixed or variable rate individual retirement accounts. The company?s loan portfolio comprises one-to-four family loans, construction loans, commercial loans, home equity loans, and lines of credit, as well as consumer loans, including new and used auto loans, secured and unsecured personal loans, account loans, and overdraft lines of credit. It also provides financing for commercial real estate, including multi family dwellings/apartment buildings, service/retail and mixed-use properties, churches and non-profit properties, medical and dental facilities, and other commercial real estates. The company was founded in 1911 and is based in Millington, New Jersey. MSB Financial Corp. is a subsidiary of MSB Financial, MHC.

Icahn: We're Not Leaving Apple, We're There to Stay

Billionaire investor, Carl Icahn speaks to Bloomberg Television's Trish Regan this afternoon on "Street Smart" and said on Apple (AAPL):

- Apple buyback would be 'no-brainer'

- "We are not leaving Apple, we are there to stay"

- "Apple needs a board that goes in and does a huge buyback. We are saying that. I respect Tim Cook and I expect to talk to him again very shortly and I think he is doing a very fine job."

- Apple should buy back $150 Billion in Stock

- To critics of the Apple buyback: "[they] have not bothered to read the balance sheet or maybe does not know how to read a balance sheet."

- Tim Cook believes the stock is very Cheap

- Not looking for a quick turn in Apple

Icahn also said on JC Penney: "we have stayed away from years. And we continue" and on Netflix: I can only say that my son and Dave, his partner, have certainly earned a say in what they believe we should hold or not, and I do not think they are wrong with what they said in that press release. Basically, Netflix is a great company, but, you know, as I said, I have been a veteran, and a battle hardened veteran of seven bear markets, and, therefore, there comes a time when you are making 500% on your money that you take your chips of the table…. I think Netflix has a great model. But I did take some chips off the table."

Note: Some of the text below has been automatically generated. It may not be 100% accurate.

Icahn on recent criticism of the potential apple buyback program:

"I think that some of the critics that you listen to are just absurd. I just heard someone say that Apple might need the money for other things. That is tantamount to saying that Bill Gates should not fix his house because he needs the money for charity. They have so much cash, with no ballroom, how can you possibly have that type of criticism of a buyback? They might need the money for other things? Apple is not a bank and shareholders did not ! buy the stock to be a bank. We have no complaints about the management and what they are doing with technology, but there is no one on that board who really had a great knowledge of fiancé as far as I can see, but maybe I am wrong on that, I do not want to start a new war. I will say this, to a list criticism saying that they need money for other things, it is idiotic. Or it is a complete lack of reading a balance sheet."

On why he thinks a buyback program is something Apple needs to be doing right now:

"I think a company and its board should do everything they chance to enhance value. This is what you call a no-brainer. At the risk of being a modest, we have the best record by far over the past 12 to 13 years and it is done because of activism and because we proved over and over that you can go into companies and make management accountable or change them, which the boards are lax in doing. If that were done more and the law allowed for it more, we could not have the problems."

"Look, the market is up right now, but I believe the market is up not because our companies are doing that well but because interest rates are ridiculously low and as a result is companies are making money, but making it the wrong way. Jobs? There are no jobs. The jobs are very scarce. Therefore what you need are companies that are better run. I will say that there are many well-run and great companies. Apple, I believe, is managed well, but the board is not doing the job they should be, take this cash that is making them no money, or borrow, which is the same thing, if you get into financial engineering. If you borrow money at 3-percent, which they can do, they can buy stock that returns 16-percent. It is a no-brainer. To have critics say that you should leave Apple along because they aren't icon and because of this and that, they have no knowledge of how to read a balance sheet. They have plenty of money to do anything they want, even if they did the buyback. The interest alone would purchase $150 ! Billion. ! It is absurd to make this kind of criticism. I will obviously not tell you what is in the letter, but you can judiciously guess that we are not leaving Apple, we are there to stay and our record shows that we have been very successful in the last 12, 13 years going in, cleaning up companies that need to be cleaned up or changed. I think that Apple needs a board that goes in and does a huge buyback. We are saying that. I respect Tim Cook and I expect to talk to him again very shortly and I think he is doing a very fine job."

"I would think that Tim would not want to talk to me until his earnings come out, and I would respect that."

On whether the model will have to change and Tech companies that are averse to debt will need to adopt new models where they take on debt:

"There is a time to borrow and time not to. But I do not want to digress from what you are really asking. If the company has $150 Billion cash, there is nothing wrong with them borrowing. They are sort of borrowing against the cash in because they cannot repatriate it. Borrowing there is not the same as borrowing money and leveraging your balance sheet, in a sense. It is a completely different equation or dynamic. We are not talking about it being wrong tomorrow. That is a different question that you could argue. Here you are not a bank, sitting on $150 Million. The stock is so low on value related to earning, related to the $50 Billion cash flow, it is patently absurd not to buy it."

"I owned a bunch of oil wells in 2000. There was a partner that we had, and the partner wanted to sell for one reason or another at a very cheap price. Well, he was nice enough to offer them to me. It is no different with Apple. Apple is selling their stock. Apple stock is selling at a very low price. Why should the shareholders not get the benefit of that if they have another buyer? I get the benefit of buying stock as opposed to Apple getting it."

On how big of a buyback does Apple need:

"We have recommen! ded sever! al times, $150 Billion. We are making a bunch of pledges in the leter, and I think you will find it very interesting. I think it will stop any criticism saying I am just looking for a quick trade. We do have a good profit in Apple, but that could not be further from the truth. To do in and make a quick turn here. We do not really. In many cases, look, we held Netflix while others sold it. I am not saying they were wrong. I am saying we held Netflix, well, it was only 13 months, but it went five times higher before we sold it, so we are not in for the quick turn. They need money for other things. They have not bothered to read the balance sheet or maybe does not know how to read a balance sheet.

On why he is active in a large company like Apple where it is harder to have a voice:

"I am not sure of that. I saw somebody have a pretty big voice with Procter & Gamble. I think on this one point, we can have a voice because it is so absurd not to have a buyback, and we are not criticizing Tim Cook. I am not sure we cannot have a voice there. A lot of shareholders have called us and have said 'Right on. Right on. Get the deal done.' We do not represent a number. If shareholders say, do not do the buyback, that is one thing, but to listen to the commentators go on about it, it is amazing to me. I do not mind people criticizing doing it for other reasons, but just to say that Apple cannot afford it because they need the money for other things is patently absurd. It is saying that activism in the right way does not work. Just look at our record, and look at how many companies we have cleaned up. It is not that we just trade stocks. We have held stocks for years and years and years, and the trouble with the company and with the economy is we protect management doing a bad job. I believe in really enhancing value, but I will say that I think I am not the only one that believes that, and if that is true, hey, let it be, you know."

On whether Tim Cook is willing to give on this:

"I ! cannot ta! lk to Tim. I have met him. I find he is doing a very good job. This is not a criticism of him. I think he believes as strongly as I do that the company is undervalued. Therefore, you can deduce from that, or you should be able to that if the company's stock is very cheap and I have $150 billion, why do I not use some of it to buy the stock? It makes no sense. Tim. He is not going to run ahead of his board. I know he believes the stock is very cheap, as I do."

On other institutions that are coming forward saying "Yes, This makes sense:"

"There is a fact that so few institutions speak out, and I think it is a sad fact. I think institutions should get a lot more active in making their companies more accountable and making management more accountable. Hey, tomorrow, when we come up with this, we are going to come up with Twitter followers, going on what I am calling the shareholder square table. There is an interesting thing in the beginning of it, and there will be some interesting things, one of the articles will be the letter, and we hope people join the square table. You subscribe. You do not pay money for it. You sign in for it. You will see something I think you will find very interesting, which is sort of a depiction of how a lot of our companies are, and it is a sad commentary that these companies do not have accountability and are not really that focused on enhancing shareholder value. Again, there are many good companies, many good boards, and we are not in any way criticizing Tim Cook here. We agree with what he is doing as far a coming out with all of these new iPhones and what I have you, but that is not what the criticism is about."

On whether he has spoken to David Einhorn about Apple:

"I am not at all going to discuss what is talking to me about in private. I am not talking about any other institutions by name, but there are a lot of shareholders that have spoken to us and think we are right. Now, that does not mean they are going to vote for us or vote ! for this ! or what have you, but that is what I do believe."

On the Shareholder Square Table:

"Twitter followers can get on tomorrow, and, again it has a few different articles, and it will continue to have articles. I think the time might have come in our economy where shareholders want to stand up a little bit more to what goes on, and to say that we are just doing this to enhance our own portfolios is another ridiculous thing, because we own things for years and years in certain cases. Look at how well we have done for the companies over and over that we have been involved with, and look at how they have changed."

On whether he purchased a stake in JC Penny:

"We do not elaborate too much on positions. That was an example of activism, where you micromanage, and we do not presume to micromanage. I am not going to say anymore about that except, we have stayed away from years. And we continue."

On how Netflix is playing out, given that his son is a big believer:

"I can only say that my son and Dave, his partner, have certainly earned a say in what they believe we should hold or not, and I do not think they are wrong with what they said in that press release. Basically, Netflix is a great company, but, you know, as I said, I have been a veteran, and a battle hardened veteran of seven bear markets, and, therefore, there comes a time when you are making 500% on your money that you take your chips of the table. Some of them, anyway. And that is really why I did it, that I think Netflix, actually, if I had not had the position, I probably would have kept it. I think they are right in most of their arguments, but that does not mean, I mean, there is a different way to looking at life or investing life and I think for Apple to have this huge position, and the position obviously by dent of the investment got much bigger, so it got to be a larger percentage of the portfolio, and I do not know if it is judicious to have one company with that large of a percent in a portfolio, ! and you h! ave to worry about just, as I say, I have been through a bunch of bear markets, and when they come, they are not pretty things."

"…They only different is Netflix, which is say again, I basically agree with their argument, but I still did it, so that is what I think of Netflix. I think Netflix has a great model. But I did take some chips off the table."

**CREDIT: BLOOMBERG TELEVISION**

Top 5 Insurance Companies To Watch For 2014

The ETF industry continues to grow exponentially and evolve. Total assets in US listed ETFs are close to $1.5 trillion, while the number of products is more than 1,480 now. However, the industry continues to be top-heavy.

The largest ETF SPDR S&P 500 ETF (SPY) now has more than $145 billion in AUM, while products in next three spots--Vanguard Emerging Markets ETF (VWO), iShares Core S&P 500 ETF (IVV), iShares MSCI EAFE ETF (EFA)--each have more than $40 billion in assets. Top 10 funds hold almost 30% of total industry assets.

Most investors continue to pour money into bigger, widely known ETFs, even though sponsors continue to struggle to come up with new, different types of products. Some of these ��iche��products are forced to shutter their doors due to lack of investor interest.

Larger ETFs are usually more popular with investors as most of them follow the simpler market cap weight methodology, often have lower expense ratios and ample liquidity. (Read: Buy these ETFs for brighter insurance sector outlook)

Top 5 Insurance Companies To Watch For 2014: Fairfax Financial Holdings Ltd (FRFHF)

Fairfax Financial Holdings Limited (Fairfax) is a financial services holding company. The Company, through its subsidiaries, is principally engaged in property and casualty insurance and reinsurance and the associated investment management. The Company�� segments consist of Insurance, Reinsurance, Insurance and Reinsurance Other, Runoff, and Corporate and Other. On December 22, 2011, the Company completed the acquisition of 75% interests in Sporting Life Inc. On August 16, 2011, the Company acquired William Ashley China Corporation. On March 24, 2011, an indirect wholly owned subsidiary of Fairfax completed the acquisition of The Pacific Insurance Berhad. On February 9, 2011, an indirect wholly owned subsidiary of Fairfax completed the acquisition of First Mercury Financial Corporation. In October 2012, its RiverStone runoff subsidiary acquired all the outstanding shares of Brit Insurance Limited. Advisors' Opinion:

• [By Tim Brugger]

  Citing the letter of intent to be acquired�for $9 a share signed Monday with a consortium led by its largest shareholder, Fairfax Financial (NASDAQOTH: FRFHF  ) , BlackBerry� (NASDAQ: BBRY  ) �has opted to cancel its conference call and webcast following the 7 .a.m EST release of Q2 earnings this Friday, the company announced yesterday.

• [By Dan Caplinger]

  That business model has been so successful that other, smaller insurance companies have emulated it. For instance, Fairfax Financial (NASDAQOTH: FRFHF  ) and Markel (NYSE: MKL  ) have used the same investing model to take advantage of their respective core insurance businesses. Both Fairfax and Markel have had substantial success, showing the power of using temporarily available premium reserves to make higher-return investments.

Top 5 Insurance Companies To Watch For 2014: Cigna Corp (CI)

Cigna Corporation (Cigna), incorporated on November 3, 1981, is a holding company. Cigna is a global health service company, with insurance subsidiaries that are providers of medical, dental, disability, life and accident insurance and related products and services. In the United States, these products and services are offered through employers and other groups, and in selected international markets, Cigna offers supplemental health, life and accident insurance products and international health care coverage and services to businesses, governmental and non-governmental organizations and individuals. The Company also has certain run-off operations, including a Run-off Reinsurance segment. Cigna�� revenues are derived from premiums, fees, mail order pharmacy, other revenues and investment income. Cigna operates in five segments: Health Care, Disability and Life, International, Run-off Reinsurance, and Other Operations, including Corporate-owned Life Insurance. On January 31, 2012, Cigna acquired HealthSpring, Inc. On November 30, 2011, the Company acquired FirstAssist Group Holdings Limited. In August 2012, the Company acquired Great American Supplemental Benefits from American Financial Group, Inc. In January 2013, the Company acquired select Arcadian and Humana Medicare Advantage plans in Arkansas, Oklahoma and Texas. In September 2013, Cigna Corporation completed its acquisition of Alegis Care, a portfolio company of Triton Pacific Capital Partners. Effective September 3, 2013, Cigna Corp acquired Home Physicians Management LLC.

Health Care

Cigna�� Health Care segment (Cigna HealthCare) offers insured and self-insured medical, dental, behavioral health, vision, and prescription drug benefit plans, health advocacy programs and other products and services that may be integrated to provide health care benefit programs. Cigna HealthCare companies offer these products and services in all 50 states, the District of Columbia and the United States Virgin Islands. Cigna offers a ! range of products and services to employers and other groups that sponsor group health plans. With the exception of Health Maintenance Organization (HMO), Medicare, Voluntary and stop loss products, each of Cigna HealthCare�� products is offered with alternative funding options. Cigna may sell multiple products under the same funding arrangement to the same employer. Approximately 85% of the Company�� medical customers are enrolled in self-insured plans, with the remainder split between guaranteed cost and experience-rated insured plans. Approximately 90% of its medical customers are enrolled in self-insured and experience-rated plans. Cigna also offers guaranteed cost medical and dental insurance to individuals. Cigna HealthCare offers a product line of indemnity managed care benefit plans on an insured (guaranteed cost or experience-rated) or self-insured basis. The Network, Network Open Access, and Open Access Plus In-Network products cover only those services provided by Cigna HealthCare participating health care professionals (in-network) and emergency services provided by non-participating health care professionals (out-of-network). The Network point of service (POS), Network POS Open Access and Open Access Plus plans (OAP) cover health care services provided by participating, and non-participating health care professionals.

Cigna HealthCare offers a Preferred Provider Plans (PPO) product line that features a national network. Like Network and Open Access Plus Plans, the PPO product line is offered on an insured (guaranteed cost or experience-rated) or self-insured basis. Cigna HealthCare offers the Cigna Choice Fund suite of products, including Health Reimbursement Accounts (HRA), Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA). Cigna HealthCare offers stop loss insurance coverage for self-insured plans. This stop loss coverage reimburses the plan for claims in excess of a predetermined amount, either for individuals (specific) or the entire group (aggregate), ! or both. ! Cigna HealthCare provides Taft-Hartley trusts and other entities access to its national provider network and provides claim re-pricing and other services. Cigna HealthCare�� voluntary medical products are offered to employers with 51 or more eligible employees. As a result of the acquisition of HealthSpring, Cigna operates Medicare Advantage coordinated care plans in 11 states and the District of Columbia. Under the Medicare program, Medicare-eligible beneficiaries may receive health care benefits, including prescription drugs, through a managed care health plan, such as the Company�� coordinated care plans, and The Centers for Medicare and Medicaid Services reimburse the Company pursuant to a risk adjustment payment methodology.

Cigna�� Medicare Part D prescription drug program, Cigna Medicare Rx, provides a number of plan options, as well as service and information support to Medicare and Medicaid eligible customers. Cigna Medicare Rx is available in all 50 states and the District of Columbia. Cigna HealthCare offers medical management, disease management, and other health advocacy services to employers and other plan sponsors. These services are offered to customers covered under Cigna HealthCare administered plans, as well as individuals covered under plans insured and/or administered by competing insurers/third-party administrators. Cigna�� onsite services include more than 75 health centers and the annual administration of more than 400,000 biometric screenings, as well as approximately 2,200 wellness seminars each year. As a result of the acquisition of HealthSpring, Cigna operates three LivingWell Health Centers, where Medicare customers can receive care from physicians, nurse practitioners, nurses, pharmacists, and nurses educators. Cigna arranges for behavioral health care services for customers through its network of participating behavioral health care professionals. Cigna offers behavioral health care case management services, employee assistance programs (EAP), and wor! k/life pr! ograms to employers, Government entities and other groups sponsoring health benefit plans. As of December 31, 2011, Cigna�� behavioral national network had approximately 108,000 access points to psychiatrists, psychologists and clinical social workers and approximately 9,000 facilities and clinics.

Cigna Pharmacy Management offers prescription drug plans to its insured and self-funded customers both in conjunction with its medical products and on a stand-alone basis. With a network of over 62,000 contracted pharmacies, Cigna Pharmacy Management is a pharmacy benefits manager (PBM) offering clinical integration programs, specialty pharmacy solutions and home delivery of prescription medicines. Cigna�� specialty pharmacy outcome management program, TheraCare, manages specialty conditions. TheraCare is coordinated with other Cigna health advocacy programs and all data is captured for analysis and reporting. Cigna Dental Health offers a variety of dental care products, including dental health maintenance organization plans (Dental HMO), dental preferred provider organization (DPPO) plans, dental exclusive provider organization plans, traditional dental indemnity plans and a dental discount program. As of December 31, 2011, Cigna Dental Health customers totaled approximately 10.9 million. Managed dental care products are offered in 38 states for Dental HMO and 43 states and the District of Columbia for Dental PPO through a network of independent health care professionals that have contracted with Cigna Dental Health to provide dental services. Cigna Dental Health customers access care from the dental PPO network in the United States and one of the dental HMO networks in the United States, with approximately 235,500 DPPO-contracted access points (approximately 92,000 health care professionals) and approximately 58,000 dental HMO-contracted access points (approximately 16,500 health care professionals).

Disability and Life

Cigna�� Disability and Life segment (Cign! a Disabil! ity and Life) provides insurance products and their related services, such as group long-term and short-term disability insurance, group life insurance and accident and specialty insurance. These products and services are provided by subsidiaries of Cigna Corporation. Cigna Disability and Life markets products in all 50 states, the District of Columbia, Puerto Rico, the United States Virgin Islands and Canada. Cigna Disability and Life also provides assistance to employees in returning to work and assistance to their employers in managing the cost of employee disability. Cigna Disability and Life offers personal accident insurance coverage, which consists primarily of accidental death and dismemberment and travel accident insurance to employers. Group accident insurance may be employer-paid or employee-paid. Cigna Disability and Life also offers specialty insurance services that consist primarily of disability and life, accident, and hospital indemnity products to professional or trade associations and financial institutions.

International

CIGNA�� International segment (CIGNA International) offers supplemental health, life and accident insurance products, as well as international health care products and services. These products and services are provided by subsidiaries of Cigna Corporation, including foreign operating entities. Cigna International provides employers, affinity groups and individuals with local and global health care and related financial protection programs. Supplemental health products provide a specified payment for a range of health risks and include personal accident, accidental death, critical illness, hospitalization, travel, dental, cancer and other dread disease coverages. Term life, as well as variable universal life insurance and other savings products are also included in the product portfolio. Cigna International�� supplemental health, life and accident insurance products are offered in South Korea, Taiwan, Indonesia, Hong Kong, the European Un! ion, Chin! a, New Zealand, Thailand and Turkey. In China, Cigna International owns a 50% interest in a joint venture through, which its products and services are offered. Cigna International�� health care businesses primarily consist of products and services to meet the needs of local and multinational companies and organizations and their local and globally mobile employees and dependents. These products and services include insurance and administrative services for medical, dental, vision, life, accidental death and dismemberment, and disability risks. In addition, Cigna International�� health care businesses include products and services, which are primarily provided through group benefits programs to employees of businesses and other organizations in the United Kingdom and Spain. These products and services include medical indemnity insurance coverage, with some offerings having managed care or administrative service aspects.

Run-off Reinsurance

Cigna�� reinsurance segment reinsured guaranteed minimum death benefits (GMDB) (also known as variable annuity death benefits (VADBe)), under certain variable annuities issued by other insurance companies. These variable annuities are investments in mutual funds combined with a death benefit. The Company purchased retrocessional protection that covers approximately 5% of the assumed risks. The Company also maintains a dynamic hedge program. Cigna also reinsured guaranteed minimum income benefits (GMIB) under certain variable annuities issued by other insurance companies. These variable annuities are investments in mutual funds combined with minimum income and death benefits. These products under Cigna�� Run-off Reinsurance segment were sold principally in North America and Europe through a sales force and through intermediaries.

Other Operations

The principal products of the Corporate-owned Life Insurance (COLI) business are permanent insurance contracts sold to corporations to provide coverage on the lives ! of certai! n employees for the purpose of funding employer-paid future benefit obligations. The principal services provided by the COLI business are issuance and administration of the insurance policies. COLI policies provide a death benefit for which Cigna collects fees to cover mortality risk. COLI policies also allow policy owners to borrow against a portion of their cash surrender value.

Advisors' Opinion:

• [By Keith Speights]

  Cigna's (NYSE: CI  ) senior medical director for coverage policy, Julie Kressel, said the company doesn't anticipate any major changes. She noted that Cigna already pays for obesity treatments in many cases. The company hasn't classified obesity as a disease in the past but views it as a chronic medical condition.

10 Best Blue Chip Stocks To Watch Right Now: AmTrust Financial Services Inc (AFSI.O)

Amtrust Financial Services, Inc., incorporated on November 7, 1990, is a holding company. The Company is a multinational specialty property and casualty insurer focused on generating consistent underwriting profits. The Company operates in four business segments: small commercial business, specialty program and personal lines reinsurance. The Company transacts business through 11 insurance company subsidiaries: Technology Insurance Company, Inc. (TIC), Rochdale Insurance Company (RIC), Wesco Insurance Company (WIC), Associated Industries Insurance Company, Inc. (AIIC), Milwaukee Casualty Insurance Company (MCIC), Security National Insurance Company (SNIC), AmTrust Insurance Company of Kansas, Inc. (AICK) and AmTrust Lloyd�� Insurance Company of Texas (ALIC). In January 2013, the Company acquired First Nonprofit Companies, Inc. In February 2013, the Company's subsidiary acquired Car Care Plan (Holdings) Limited (CCPH) from Ally Insurance Holdings, Inc.

Sma ll Commercial Business

Small Commercial Business segment provides workers��compensation to small businesses that operate in low and medium hazard classes, such as restaurants, retail stores, physicians and other professional offices, and commercial package and other property and casualty insurance products to small businesses. The Company is authorized to write its Small Commercial Business products in all 50 states. The Company distributes its policies through a network of over 8,100 select retail and wholesale agents who are paid commissions based on the annual policy premiums written. Commercial package products provide a range of insurance to small businesses, including commercial property, general liability, inland marine, automobile, workers��compensation, and umbrella coverage.

The Company maintains Small Commercial Business property and casualty claims operations in several of its domestic offices and the commercial package claims opera tion is separated into four processing units: casualty, pr! op! erty, cost-containment/recovery and a fast-track physical damage unit. As of December 31, 2012, its Small Commercial Business property and casualty claims were approximately 61% automobile and 13% property and inland marine with the remaining 26% involving general liability and umbrella losses.

Specialty Risk and Extended Warranty

The Company��Specialty Risk and Extended Warranty segment provides coverage for consumer and commercial goods and custom designed coverages, such as accidental damage plans and payment protection plans offered in connection with the sale of consumer and commercial goods in the United States and Europe, and certain niche property, casualty and specialty liability risks in the United States and Europe, including general liability, employers��liability and professional and medical liability. specialty risk business primarily covers, such as legal expenses in the event of unsuccessful litigation; property damage for resid ential properties; home emergency repairs caused by incidents affecting systems, such as plumbing, wiring or central heating; latent defects that materialize on real property after building or completion; payment protection to insureds if they become unable to meet financial obligations under finance contracts; guaranteed asset protection (GAP) to cover the difference between an insurer�� settlement and the asset value in the event of a total loss, and general liability, employers��liability, public liability, negligence of advisors and liability of health care providers and medical facilities.

The Company's extended warranty business covers selected consumer and commercial goods and other risks, including personal computers; consumer electronics, such as televisions and home theater components; consumer appliances, such as refrigerators and washing machines; automobiles (excluding liability coverage); furniture, and heavy equipment. The Company also serve a s a third party administrator to provide claims handli! ng and! c! all cen! ter services to the consumer products and automotive industries in the United States and Canada. It underwrites the specialty risk coverage on a coverage plan-level basis, which involves substantial data collection and actuarial analysis, as well as analysis of applicable laws governing policy coverage language and exclusions.

Specialty Program

The Company�� Specialty Program segment provides workers��compensation, package products, general liability, commercial auto liability, excess and surplus lines programs and other specialty commercial property and casualty insurance to a narrowly defined, homogeneous group of small and middle market companies. The type of risk covered by this segment is similar to the type of risk in Small Commercial Business but also covers, to a small extent, certain higher risk businesses. The coverage is offered through accounts with various agents to multiple insureds. Policyholders in this segment primarily include industries, such as retail, wholesale, service operations, artisan contracting, trucking, light and medium manufacturing, habitational and professional employer organizations. As of December 31, 2012, the Company underwrote 77 programs through 44 independent wholesale and managing general agents. Workers��compensation insurance consists approximately 33% of this business during the year ended December 31, 2012.

Personal Lines Reinsurance

The Company�� Personal Lines Reinsurance Segment has a 20% participation in the Personal Lines Quota Share, by which it receive 10% of the net premiums of the personal lines business. The Personal Lines Quota Share provides that the reinsurers, severally, in accordance with their participation percentages, will receive 50% of the net premium of the GMACI Insurers and assume 50% of the related net losses.

Top 5 Insurance Companies To Watch For 2014: Fairfax Financial Holdings Ltd (FRFHF.PK)

Fairfax Financial Holdings Limited (Fairfax) is a financial services holding company. The Company, through its subsidiaries, is principally engaged in property and casualty insurance and reinsurance and the associated investment management. The Company�� segments consist of Insurance, Reinsurance, Insurance and Reinsurance Other, Runoff, and Corporate and Other. On December 22, 2011, the Company completed the acquisition of 75% interests in Sporting Life Inc. On August 16, 2011, the Company acquired William Ashley China Corporation. On March 24, 2011, an indirect wholly owned subsidiary of Fairfax completed the acquisition of The Pacific Insurance Berhad. On February 9, 2011, an indirect wholly owned subsidiary of Fairfax completed the acquisition of First Mercury Financial Corporation. In October 2012, its RiverStone runoff subsidiary acquired all the outstanding shares of Brit Insurance Limited.

Advisors' Opinion:

• [By Infinity Group]

  With 515 million shares outstanding, this equates to 33% of all shares being shorted. It should also be noted that Prem Watsa's Fairfax Financial Holdings (FRFHF.PK) is holding 51.8 million BlackBerry shares. Prem Watsa stated at the annual FairFax shareholders meeting that Fairfax is holding a long position with BlackBerry and anticipates shareholder value increasing over the next 2-3 years. The cost basis for FairFax financial holdings is approximately $17 per BlackBerry share.

• [By Alex Jordon]

  There's talk that Prem Watsa, head of Fairfax Financial Holdings (FRFHF.PK), could possibly be involved in a privatization bid for the company. Consider:

Top 5 Insurance Companies To Watch For 2014: Old Republic International Corporation(ORI)

Old Republic International Corporation, through its subsidiaries, provides various insurance and mortgage guaranty products in North America. The company operates in three segments: General Insurance, Mortgage Guaranty, and Title Insurance. The General Insurance segment provides liability insurance coverages to businesses, government, and other institutions in commercial construction, forest products, energy, general manufacturing, and financial services industries; and transportation, including trucking and general aviation industries. It provides various insurance products, such as automobile extended warranty, aviation, commercial automobile insurance, general liability, home warranty, inland marine, travel accident, and workers? compensation, as well as liability coverage for claims arising from the acts of owners or employees, and protection for the physical assets of businesses. This segment also offers financial indemnity products, such as consumer credit indemnity , errors and omissions/directors and officers, guaranteed asset protection, and surety, as well as bonds that cover the exposures for losses of monies, or debt and equity securities due to acts of employee dishonesty. The Mortgage Guaranty segment insures first mortgage loans, primarily on residential properties incorporating one-to-four family dwelling units to mortgage bankers, brokers, commercial banks, and savings institutions. The Title Insurance segment provides lenders' and owners' title insurance policies to real estate purchasers and investors based upon searches of the public records. It also provides escrow closing and construction disbursement services; and real estate information products, national default management services, and services related to real estate transfers and loan transactions. Old Republic International Corporation markets its products directly, as well as through insurance agents and brokers. The company was founded in 1887 and is based in Chi cago, Illinois.

Advisors' Opinion:

• [By Ben Levisohn]

  Its big day has also boosted other insurers. Radian Group (RDN) has risen 7.2% to $14.39, while Old Republic International (ORI) has advanced 2.1% to $15.24, Genworth Financial (GNW) is up 3.6% at $13.41 and MBIA Inc. (MBI) has jumped 4.3% to $10.76.

• [By Fredrik Arnold]

  Ten Champion dogs that promised the biggest dividend yields into July included firms representing five of nine market sectors. The top stocks were three of five from the financial sector: Universal Health Realty Trust (UHT); Mercury General Corp. (MCY); Old Republic Int'l (ORI). The other two financial firms, HCP Inc., and United Bankshares Inc. (UBSI), placed sixth and eighth.

• [By Holly LaFon]

  Prem Watsa is renowned for his long track record of outstanding returns using Buffett-style value investing through his worldwide insurance and reinsurance company, Toronto-based Fairfax Financial Holdings. His five-year cumulative is 176.4%, compared to 12.2% for the S&P 500. Most recently, he made headlines for making a large contrarian bet on Research In Motion (RIMM) and joining its board in his first activist investing foray. In the fourth quarter, he added to this position. He also added to his positions in Citigroup Inc. (C), Old Republic Corp. (ORI) and Johnson & Johnson (JNJ) and dramatically reduced one of his largest holdings, Dell (DELL). As a Ben Graham devotee, Watsa looks past short-term fluctuations in price to the underlying strength of a business. His stance on the economy, as of September and October 2011, was that he believed the U.S. was showing Depression-level interest rates and deficits, but he still liked some stocks and would hedge his exposure, he told CFA Institute Magazine.

Jim Cramer's 'Mad Money' Recap: Apple Is a Bargain

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

NEW YORK (TheStreet) -- Are there bargains still to be had in this red-hot market? Jim Cramer asked his "Mad Money" viewers Monday.

He said there is one stock that's not up for the year, one that yields 2.3% and trades at just 12 times earnings despite a remarkable growth rate. That's the stock of Apple (AAPL), a stock Cramer owns for his charitable trust, Action Alerts PLUS.

Cramer said Apple just received an analyst upgrade today, one that made a remarkable amount of sense. That upgrade cited higher iPhone sales, higher gross margins and some signs of Android weakness as the main drivers for Apple, but Cramer said there's a lot more to like about Apple. Cramer noted that Apple has a big catalyst coming with its expected iPad announcement tomorrow. That announcement should put the company in a position to have a strong holiday season. Additionally, Cramer said Apple's board has a lot of options it could take before the company's next earnings call on Oct 28. He said if Apple really wanted to turbocharge its share growth, it could split the stock 4:1 and increase the dividend. Both those moves would make Apple shares more attractive to retail investors and less of a target for the shorts, he said. With all of these things going right, Cramer said there's simply a lot more to like about Apple than there is to dislike at current levels. Executive Decision: David Cote In the "Executive Decision" segment, Cramer sat down with David Cote, chairman and CEO of Honeywell (HON), an Action Alerts PLUS holding that's up 41% since Cramer last spoke with Cote in November. Honeywell just posted an earnings beat of 1 cent a share but lowered its full-year revenue forecasts. Cote said Honeywell did exactly what it said it would this quarter. He noted the sales miss stemmed from the timing of a big acquisition closing and a slowdown in defense spending related to the government shutdown and sequester. There's no cause for concern because growth overall remains on track, he added.

Among the bright spots for Honeywell are aerospace, where the company plays in the mid- to large-size business jet market, along with its performance materials and refining businesses. Cote detailed Honeywell's modular refining products for oil shale drillers, which offers on-site oil and gas processing in as little as a one acre site, and the equipment can be constructed in as little as 60 to 90 days. That market, he said, is growing worldwide.

Other areas of opportunity for Honeywell include energy conservation, where Cote said many buildings can still save 20% to 25% on their energy bills just by using the latest HVAC and insulating technologies.

Finally, when asked about Cote's efforts to reform Washington with FixTheDebt.org, Cote said there are now over 100 CEOs participating in the initiative. If everyone works together, our nation's debt problem can be solved, he said. Expectations and Reality

Earnings season is all about expectations, Cramer reminded viewers as he highlighted what happens when a company surprises to the upside and what happens when expectations far exceed reality. Shares of General Electric (GE) popped 2.3% when it reported a quarter where sales were essentially flat. How can that happen? Cramer said it's because stocks trade on expectations, and those for GE were tepid at best. Everything at GE ticked in the right direction this quarter, Cramer explained. Sales in Europe were a little better and the company's margins expanded slightly. More important, GE continues to scale back its GE Capital division, which once just served as a financing option for its expensive industrial goods, but recently became not only a sub-prime lender but also a big landholder in off all places, Europe. Cramer said the scaling back of GE Capital has not only been a big mental boost for the company and its shareholders, but it's also allowed GE to get back to what it does best -- aerospace, power generation, locomotives, health care, oil and gas and more. But just as companies can soar on lowered expectations, they can also plummet on soaring ones. That was the case with Stanley Black & Decker (SWK), which saw its shares fall 14% after its earnings popped on what was essentially a tax gain. Deep inside the numbers were weakness in Stanley's security division and its government sales, both of which were thought to be only a small percentage of sales.

So while GE is getting back to its roots as a great industrial company, Stanley is leaving its mainstay as a first-rate tool maker to become an ailing security company. Cramer said GE could see shares hit $30 a share, while Stanley shares will likely do nothing until that company can split itself up or turn itself around. Lightning Round

In the Lightning Round, Cramer was bullish on BioMarin (BMRN), ViaSat (VSAT), Starwood Property Trust (STWD), Kodiak Oil & Gas (KOG), Union Pacific (UNP), ChannelAdvisor (ECOM) and Salesforce.com (CRM).

Cramer was bearish on BlackBerry (BBRY) and Lululemon Athletica (LULU). Scaling the Tower

The wireless tower business is transforming into a happy oligopoly, Cramer told viewers, and that should be music to investors' ears. Cramer said today's announcement that Crown Castle (CCI), our country's largest cell tower operator, is buying 600 towers from AT&T (T) is just another in a wave of consolidation that is making tower companies hot commodities. Just a few months ago, American Tower (AMT), the number two player, announced that it was buying the number five player, in what will certainly be a continuing trend, said Cramer. While Crown Castle's shares got dinged by 1.7% on today's announcement, Cramer told viewers these are high-quality assets, ones that will be paying off for shareholders for years to come. In addition to the consolidation, Cramer said that Crown Castle is also following in American Tower's footsteps and converting itself into a REIT, meaning even more rewards for shareholders. But more important are the commitments by all four of America's wireless carriers to invest substantially in 4G and LTE services over the next few years. This huge pickup in spending will only mean additional revenue for the tower operators, Cramer said. Crown Castle may trade at 49 times earnings, Cramer concluded, but with a 45% growth rate, shares remain inexpensive. No Huddle Offense In his "No Huddle Offense" segment, Cramer told viewers that tomorrow the focus will once again turn towards Washington -- but it might not be a bad thing. Cramer said Tuesday's labor numbers will certainly be a reason for investors to sell stocks. Numbers too good will mean the Federal Reserve needs to taper its bond buying while numbers too low will signal just how hopeless the government is at rectifying the situation. Either way, investors will be taking profits, cooling off a red-hot earnings season. But that's been the pattern, Cramer noted. Strong earnings lead to record stock prices then Washington puts on the brakes, allowing investors to take profits and get back in at better prices. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC

At the time of publication, Cramer's Action Alerts PLUS had a position in AAPL, HON and UNP. Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money." None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser. Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

GameStop's and Microsoft's Shifting Fortunes

GameStop (NYSE: GME  ) and Microsoft (NASDAQ: MSFT  ) ended the previous generation of console gaming on completely different trajectories. The game retailer limped to the finish line, as GameStop had to endure a brutal stretch of quarterly sales declines while new gaming devices exploded in popularity.

Mr. Softy's Xbox 360, meanwhile, outsold rivals over that time period and established itself as the console to beat heading into the next generation. But could these two companies see dramatically different results in this generation? In the video below, Fool contributor Demitrios Kalogeropoulos and analyst Blake Bos discuss GameStop's and Microsoft's quickly shifting gaming prospects.

While Activision and Microsoft have been taking the headlines when it comes to console gaming, Fools following the gaming sector would do well to also keep tabs on Electronic Arts. The Motley Fool's special report breaks down the risks and opportunities facing the company to help you decide if EA is right for your portfolio. Click here to get your copy now.

The relevant video segment can be found between 1:35 and 4:20.

2 New Melanoma Drugs and 1 Vaccine Acquisition

Like all big pharmas reinventing themselves post patent cliff, GlaxoSmithKline is staying busy. It just received FDA approval for two new melanoma drugs and snatched up a Swiss vaccine company for roughly $325 million.

In this video, health-care analyst David Williamson discusses what these two big pieces of news mean for Glaxo investors and also for its competitors.

Another topic health-care investors need to keep up on is Obamacare, as the law will undoubtedly have far-reaching effects. The Motley Fool's new free report, "Everything You Need to Know About Obamacare," lets you know how your health insurance, your taxes, and your portfolio will be affected. Click here to read more. 

Top 5 Financial Stocks To Invest In 2014

Apple Cuts Orders on iPhone 5C for Remainder of 2013

David Paul Morris/Bloomberg via Getty Images TAIPEI and BEIJING -- Apple shares opened 0.8 percent higher Wednesday as investors looked to strong sales for the flagship iPhone 5S, shrugging off signs of less-than-stellar orders for the cheaper 5C model. Apple (AAPL) has told manufacturers of the 5C that it will cut orders of the smartphone for the final three months of the year, a source familiar with the supply chain situation said. But analysts said the decision by consumers to spend more and buy the pricier 5S model would benefit Apple and the company's shares touched a one-month high above $502. "iPhone 5S is the new flagship and if 5S is increasing [its sales] and 5C is decreasing and the fact that 5S production has increased is positive for Apple's margins," said Susquehanna analyst Chris Caso. Canaccord Genuity analysts said the iPhone 5S is outselling 5C by 2.5 times to 1, boosting Apple's margins. Pegatron Corp., which assembles many of Apple's iPhone 5Cs, had seen orders reduced by less than 20 percent, the source told Reuters on Wednesday, declining to be identified because the information is sensitive. Hon Hai Precision Industry Co., Apple's other major assembly contractor for the 5C, has had its orders for the same period reduced by a third, the Wall Street Journal reported. However the newspaper, quoting two Hon Hai executives, added that Apple had raised orders for the 5S for the fourth quarter. The 5C and 5S were launched in September ahead of the year-end holiday season when sales tend to peak. In the United States, the 5C is $100 cheaper than the premium 5S, which retails for $649 for the 16 GB model. The cut in 5C orders will reinforce investor sentiment that the plastic-backed 5C phone was overpriced and wouldn't be well-received by consumers, some analysts say. "This reflects a failure in Apple's pricing strategy," said Bevan Yeh, a Taipei-based senior fund manager at Prudential Financial Securities Investment Trust. "The price differentiation between 5C and 5S is too small. It's an iPhone 5 with plastic casing and isn't worth the price." Spokesmen at Pegatron and Hon Hai declined to comment, while Apple couldn't be immediately reached for comment. In China, one of Apple's most important markets according to chief executive Tim Cook, the 5C's reception has been lukewarm. Some local bloggers say the price difference between the 5C and 5S is too narrow. Apple said previously that sales for the 5S and 5C in the first three days of their launch in September totalled 9 million, and that demand for 5S exceeded initial supplies. It didn't give separate figures for the 5C and 5S. Prudential, which doesn't own Apple shares, forecasts assemblers will ship around 23 million 5C units in the final three months of this year and 10 million in the first three months of next year. Some analysts caution against correlating the cuts to Apple's supplier orders with poor sales, because of the complexity and opacity of the company's supply chain. "We've seen this several times. There are too many moving parts in the supply chain to draw any conclusions," said Benedict Evans, who covers mobile and digital media at Enders Analysis, a research consultancy in London. "We don't know what other suppliers they use or what inventory they already have."

Is Chevron Poised to Move Higher?

With shares of Chevron (NYSE:CVX) trading around $118, is CVX an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let's analyze the stock with the relevant sections of our CHEAT SHEET investing framework.

T = Trends for a Stock’s Movement

Chevron engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments: upstream and downstream. The upstream segment is involved in the exploration, development, and production of crude oil and natural gas, while the downstream segment engages in refining crude oil into petroleum products. Through its segments, Chevron is able to provide a range of energy products and services to a wide variety of companies around the world. As economies and businesses expand, Chevron is poised to provide the energy products and services required to fuel growth around the world.

Chevron is trying to convince a U.S. judge that a group of Ecuadorean villagers and its U.S. lawyer used bribery to win an $18 billion case against the oil company on grounds that Chevron contaminated the environment in the Amazon, according to a report from Reuters. Chevron is looking to prevent the villagers and their lawyer, Steven Donzinger, from enforcing the judgement reached in Ecuador in the United States. Donzinger and the villagers claim no wrongdoing.

T = Technicals on the Stock Chart Are Mixed

Chevron stock has been moving higher in the past several years. The stock has been trading sideways this year, as it has been digesting gains from a bullish run. Analyzing the price trend and its strength can be done using key simple moving averages. What are the key moving averages? The 50-day (pink), 100-day (blue), and 200-day (yellow) simple moving averages. As seen in the daily price chart below, Chevron is trading between its key averages, whichs signal neutral to bullish price action in the near term.

Source: Thinkorswim

Taking a look at the implied volatility and implied volatility skew levels of Chevron options may help determine if investors are bullish, neutral, or bearish.

	Implied Volatility (IV)	30-Day IV Percentile	90-Day IV Percentile
Chevron Options	21.23%	76%	74%

What does this mean? This means that investors or traders are buying a very significant amount of call and put options contracts as compared to the last 30 and 90 trading days.

	Put IV Skew	Call IV Skew
November Options	Steep	Average
December Options	Steep	Average

As of Tuesday, there is average demand from call buyers or sellers and high demand by put buyers or low demand by put sellers, all neutral to bearish over the next two months. To summarize, investors are buying a very significant amount of call and put option contracts and are leaning neutral to bearish over the next two months.

E = Earnings Are Mixed Quarter-Over-Quarter

Rising stock prices are often strongly correlated with rising earnings and revenue growth rates. Also, the last four quarterly earnings announcement reactions help gauge investor sentiment on Chevron’s stock. What do the last four quarterly earnings and revenue growth (Y-O-Y) figures for Chevron look like and, more importantly, how did the markets like these numbers?

	2013 Q2	2013 Q1	2012 Q4	2012 Q3
Earnings Growth (Y-O-Y)	-27.30%	-2.57%	43.94%	-31.38%
Revenue Growth (Y-O-Y)	-8.30%	1.03%	0.95%	-9.91%
Earnings Reaction	-1.17%	1.29%	1.17%	-2.77%

Chevron has seen decreasing earnings and mixed revenue figures over the last four quarters. From these numbers, the markets have had conflicting feelings about Chevron’s recent earnings announcements.

P = Excellent Relative Performance Versus Peers and Sector

Best Clean Energy Stocks To Watch Right Now

How has Chevron stock done relative to its peers – BP (NYSE:BP), Royal Dutch Shell (NYSE:RDSA), and Exxon Mobil (NYSE:XOM) — and sector?

	Chevron	BP	Royal Dutch Shell	Exxon Mobil	Sector
Year-to-Date Return	9.82%	2.31%	-5.26%	0.95%	2.96%

Chevron has been a relative performance leader, year-to-date.

Conclusion

Chevron is an oil and gas bellwether that provides essential energy products and services to consumers and companies worldwide. A bribery case involving Ecuadorean villagers, a U.S. attorney, and the Amazon has the company busy at the moment. The stock has been moving higher but is now consolidating as it digests recent gains and news. Over the last four quarters, earnings have been decreasing while revenues have been mixed, which has produced conflicting feelings about recent earnings announcements. Relative to its peers and sector, Chevron has been a year-to-date performance leader. WAIT AND SEE what Chevron does this coming quarter.

Asian Stocks Rise Amid Signs U.S. May Broker Deal on Debt

Asian stocks rose, with the regional index heading for a five-month high, as Senate leaders said they're optimistic they will forge a deal to reopen the U.S. government and avoid a breach of the debt limit this week.

James Hardie Industries SE, a maker of building materials that gets about 70 percent of sales from the U.S., increased 1.5 percent in Sydney. Mazda Motor Corp. (7261) jumped 3.3 percent in Tokyo after Macquarie Group Ltd. and BNP Paribas raised ratings on the carmaker. Hankook Tire Co., South Korea's No. 1 tiremaker, advance 1.8 percent after announcing plans to build its first factory in the U.S.

The MSCI Asia Pacific Index gained 0.5 percent to 141.57 as of 11:07 a.m. in Tokyo, with almost three shares rising for each that fell. Senate Majority Leader Harry Reid said "tremendous progress" had been made, though "we are not there yet." Leaders are working on an deal to suspend the debt ceiling through Feb. 7 and fund the government through Jan. 15, a person familiar with the talks said, speaking on the condition of anonymity.

"It looks like the door is now open for compromise," Nader Naeimi, Sydney-based head of dynamic asset allocation at AMP Capital Investors Ltd., which manages about $130 billion, told Bloomberg TV. "The deadline is nearing and we'll get through that. The volatility caused by this debt-ceiling debate will be with us until next year."

Regional Gauges

Australia's S&P/ASX 200 Index advanced 0.9 percent. The nation's central bank repeated it retains the option of reducing interest rates as policy makers gauge the impact of "substantial" stimulus on the economy, minutes of its Oct. 1 meeting showed.

Japan's Topix (TPX) index rose 0.3 percent, reopening after a holiday. South Korea's Kospi index gained 0.8 percent and New Zealand's NZX 50 Index added 0.1 percent. Hong Kong's Hang Index climbed 0.6 percent as it also reopened after a holiday, while China's Shanghai Composite Index slipped 0.2 percent. Markets in Singapore, Indonesia, Malaysia and the Philippines are shut for holidays today.

The MSCI Asia Pacific Index climbed 1.3 percent last week amid optimism U.S. lawmakers were moving closer to resolving the debt impasse. The gauge traded at 13.6 times estimated earnings on Oct. 11, compared with 15.4 for the Standard & Poor's 500 Index and 14.3 for the Stoxx Europe 600 Index.

S&P 500 Index (SPX) futures added 0.1 percent today. The gauge rose 0.4 percent yesterday amid signs lawmakers may reach a deal before the government loses its ability to borrow money.

President Barack Obama postponed a meeting with congressional leaders to give lawmakers more time to reach an agreement. Senate Minority Leader, Republican Mitch McConnell, said he shares Reid's optimism after talks in Washington.

Senate Delays

The possible deal could face procedural delays in the Senate and an uncertain path in the Republican-controlled House of Representatives, where Speaker John Boehner would have to decide whether to allow a vote or make changes. Should Congress fail to act, the U.S. government would run out of borrowing authority in two days and start missing debt payments sometime between Oct. 22 and Oct. 31, according to the Congressional Budget Office.

"It's positive to see that they're negotiating and trying to come out with some form of a deal," said Timothy Radford, a Sydney-based strategist at brokerage Rivkin Securities. "We should probably get some deal by Thursday. That should provide some buying support for the market."

Tuesday's Top News Headlines

Here are today's top news headlines from Fool.com. Check back throughout the day as this list is updated, and follow us on Twitter at TMFBreaking.

Herbalife Raises Guidance After Strong Q1, Declares Dividend

Safeway Appoints New CEO

Banco Santander Names New CEO

KMG Buying OM Group's Ultra Pure Chemicals

Mexico Seeks New Security, Economic Agenda With U.S.

Eurozone Inflation Falls to 3-Year Low in April

J.C. Penney Borrows $1.75 Billion

Best Buy Selling Its Europe Business

Sirius XM Radio Names New CEO

Yahoo! Embeds Ads in Article Newsfeed

Nam Tai Doubles Revenue, Faces Uphill Battle

Italian PM Urges EU to Focus on Fostering Growth

Wheat Price Increases on Worsening Crop Conditions

Cyprus Parliament Approves Bailout

Consumer Confidence Up 10% for April

Macy's Loses Appeal on Martha Stewart Goods

Employment Costs Up 0.3% for Q1

Report: Apple Selling Record Amount in Bonds

AP Source: Obama Picks Wheeler to Lead FCC

Netflix Announces Start Date for New Original Series