The! Biggest! News! of! the! Day! - Not Genworth Financial Inc, United Therapeutics Corp, General Electric Co, or TiVo Inc

Tags: GNW
17 Nov 10:58pm
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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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Schaeffer’s Investment Research, founded by Bernie Schaeffer in 1981, is a research-driven provider of investment research and recommendations featuring a unique, time-tested analysis of investor expectations. Schaeffer's contrarian approach, called Expectational Analysis®, focuses on stocks with technical and fundamental trends that run counter to investor expectations. The firm publishes Bernie Schaeffer's Option Advisor, the nation's leading options subscription publication and it's website, www.SchaeffersResearch.com, is recognized as one of the leading information sources for stock and options traders and was cited as the top options website by both Forbes and Barron's.