We Asked The Transgender Law Center Whether New Health Care Regulations Help, Hurt. Or Ignore Trans People

Kenya’s drugs regulatory authority the Pharmacy and Poisons Board of Kenya (PPB) and TradeMark East Africa (TMEA) have launched a new e-portal that will enable the pharmaceutical industry’s stakeholders to access trade and drug retention services online.

The system will enable importers of medical drugs to make their orders online and make electronic payments as well. The government expects the new system to boost the pharmaceutical sector by easing access to services provided.

Gold has become the most hated commodity lately. What happened to the days when everyone had to own the precious metal? After all, more and more centr…

Gold has become the most hated commodity lately. What happened to the days when everyone had to own the precious metal? After all, more and more central banks around the world are printing money faster than ever. The Federal Reserve (U.S. central bank) is still creating $85 billion a month out of thin air. Other central banks in England, Japan, Asia, and Europe continue to do the same thing. So why has gold struggled so much? It seems that gold is now trading inversely to the USD/JPY (U.S. Dollar vs the Japanese Yen). Today, the USD/JPY is falling sharply and this is causing gold futures to rally. Currently, the USD/JPY chart remains in an up-trend on the daily chart. Up-trending markets are very tough to fight since that is where the momentum is. Should the USD/JPY chart start to fall gold should start to trade higher. Traders and investors might need to take a wait and see approach, but I would say that you shouldn’t get too bearish on gold at this stage of the game. Gold could be setting up to make a sharp move higher very soon if that up-trend in the USD/JPY chart starts to reverse. Nicholas Santiago InTheMoneyStocks.com

Lazard Earnings Rise 75%

Kenneth M. Jacobs, Lazard CEO

Earnings have risen 75% on deals and cost cutting. The firm reported it earned $62 million in adjusted profit for the quarter. This amounts to 46 cents a share. They reported a 10% rise in operational revenue to $489 million. 

Dealbook also reported Lazard had increased in profits last quarter as well. 

Happening NOW on Yahoo Finance! Breakout’s live coverage of the #TwitterIPO as $TWTR begins trading today! Tune in here http://finance.yahoo.com/blogs/breakout/watch-twitter-ipo-live-stream-coverage-nov-7-194141440.html

THE vice-president of the European Commission says taxpayer-funded bank bailouts remain a possibility if the latest stress test of Europe’s biggest banks reveals significant capital shortfalls - or if the debt crisis were to really flare up again.

Continued

Election Day: What’s at stake at the polls

(Photo: Andrew Gombert / EPA)

Elections in Virginia, New Jersey, New York City and even Alabama could provide nationally resonant lessons for Republicans and Democrats alike.

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Earnings Equals Opportunities, Ford, 3M, & More In Play

Lazard hits a 52 week high

by Zacks Equity Research

November 19, 2013

Shares of Lazard Ltd. reached a new 52-week high, touching $41.66 at the second half of the trading session on Nov 18. However, the stock closed the session at $41.26, which reflects a solid year-to-date return of 34.7%.The trading volume for the session was 0.5 million shares. Despite the strong price appreciation, this Zacks Rank #3 (Hold) stock has plenty of upside left, given its strong estimate revisions over the last 30 days and expected long-term earnings growth of 12.0%. Growth Drivers Impressive third-quarter 2013 results comprising a positive earnings surprise of 31.64%, top-line growth, a strong capital position and higher assets under management (AUM) were the primary driving factors for Lazard. On Oct 24, Lazard reported third-quarter 2013 adjusted earnings of 46 cents per share, outpacing the Zacks Consensus Estimate of 35 cents. Moreover, this compared favorably with 26 cents earned in the prior-year quarter. On a year-over-year basis, Lazard experienced 10.0% rise in both revenues and AUM, which acted as positives for the quarter. AUM growth resulted from market appreciation and rise in net inflows. Additionally, the company’s capital ratios depict its strong position. However, a 4.3% increase in expenses was the headwind for the quarter. Further, Lazard has delivered positive earnings surprises in 3 out of the last 4 quarters with an average beat of 35.95%. Estimate Revisions Show Potency Over the last 30 days, 3 out of 7 estimates for 2013 have been revised upward, lifting the Zacks Consensus Estimate by 4.7% to $1.77 per share. For 2014, 4 out of 7 estimates moved north, helping the Zacks Consensus Estimate advance 6.1% to $2.44 per share.

NEW YORK Oct 13 (Reuters) - A loss at JPMorgan Chase & Co’s private equity group signals a tough quarter for buyout shops, as global economic uncertainty and market declines hit the value of their investments.JPMorgan said on Thursday its private equity segment swung to a loss of $347 million...

So the world is still moving despite everyone in the United States being pissed off at our politicians. For the last couple weeks we have been following KKR’s spending spree in Asia. KKR has been investing substantially in Asian markets, from China to Japan and now Indonesia. They have been...