FedEx CEO Calls Out Retailers for Bad Shipping Habits @FoxBusiness
http://www.foxbusiness.com/industries/2015/12/17/fedex-ceo-calls-out-retailers-for-bad-shipping-habits/?intcmp=bigtopmarketfeaturesside
Allergan CEO: We Will Spend ‘Vast Majority of’ R&D in U.S. @FoxBusiness
https://video.foxbusiness.com/v/4665391360001/allergan-ceo-on-pfizer-deal/?intcmp=marketfeatures#sp=show-clips
Under Armour, Fanatics Cash In On ‘Star Wars’ Craze @FoxBusiness $UA
http://www.foxbusiness.com/industries/2015/12/17/under-armour-fanatics-cash-in-on-star-wars-craze/?intcmp=bigtopmarketfeaturesside
Russia’s Putin says $50 per bbl oil in 2016 budget “too optimistic”
Russia’s Putin says $50 per bbl oil in 2016 budget “too optimistic”
White House calls for ‘common sense steps’ to help Puerto Rico
http://www.reuters.com/article/usa-puertorico-fiscal-idUSL1N14627N20151217
Required Reading Of The Day
Poster boy for drug price hikes busted for fraud U.S. says it is considering response to Iran ballistic missile test AB InBev seeks quick sales for Peroni and Grolsch: sources U.S., Cuba resume commercial airline service Brazil court lifts suspension of Facebook’s WhatsApp service
The Closing Look
Stock Market Commentary: Stocks fell on Thursday and gave back most of Wednesday’s gains as the U.S. dollar rallied and investors digested the first Fed hike since 2006. The weak action we are seeing on Wall Street highlights what we have been telling you all year: The market looks toppy up here as fewer and fewer…
The Morning Look
Stock Market Overview: U.S. stock futures are up before Thursday’s open as investors digest the first Fed rate hike since June 2006. Stocks rallied nicely after the Fed meeting because even though the Fed raise rates by a quarter point they still maintain a very dovish (a.k.a #EasyMoney) stance. Gary’s Thoughts: Europe strong…Asia strong…we…
The Closing Look
Stock Market Commentary: As expected, the Federal Reserve raised rates by a quarter point and said they do not plan on raising rates until the data improves. The stock market rallied after the meeting and continues its three day bounce (after last week’s steep decline). Fed Chair Janet Yellen told the media in her post meeting press…