Here are some of the contenders for today's biggest...news...of...the...day...
- Earnings from Target Corp (TGT)...
- An announcement from Citigroup (C) that it plans to cut 50,000 jobs...
- Reports that say J.P. Morgan Chase & Co. (JPM) "is planning thousands of job cuts worldwide..."
- Planned job cuts at Fidelity Investments...
- Insider buying at General Electric Co (GE) that is seen as a bearish sign...
- Upbeat comments on Energy Conversion Devices Inc (ENER)...
- The move by Genworth Financial Inc (GNW) "to change its regulatory status" which will give the company access to bailout funds...
- Reports that say Freddie Mac (FRE) "could post losses totaling $20 billion to $40 billion in 2009..."
- An upgrade for Nokia Corp (NOK)...
- A drop in United Therapeutics Corp (UTHR) after disappointing study results for its pulmonary arterial hypertension drug...
- A lower forecast from Lowe's Companies (LOW)...
- A deal between TiVo Inc (TIVO) and Domino's Pizza Inc (DPZ) that would allow people to order food through their TV...
- A survey that says economists see "a prolonged U.S. recession..."
- Earnings from Orbotech Ltd. (ORBK)...
While those are all stories worth watching, I think it is obviously clear that the biggest news is this set of stories -
So...a "virtual affair" ends a "real" marriage. My brain is completely locked-up...not really sure what to say...
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