Icahn Takes 12% Stake in Pep Boys, Sees Fit for Rival @FoxBusiness
http://www.foxbusiness.com/business-leaders/2015/12/04/icahn-takes-12-stake-in-pep-boys-sees-fit-for-rival/?intcmp=bigtopmarketfeaturesside
Chipotle Cuts Quarterly Guidance On E.Coli Spread @FoxBusiness
http://www.foxbusiness.com/industries/2015/12/04/chipotle-shares-slip-on-ecoli-spread/?intcmp=bigtopmarketfeatures
Puerto Rico risks creditor ire by hijacking money earmarked for bond payments
http://www.reuters.com/finance/markets#ierxP0ZLVWKXXicz.99
Thinner, healthier kids
http://blogs.reuters.com/great-debate/2015/12/02/in-the-quest-to-prevent-obesity-theres-womb-for-improvement/
Required Reading Of The Day
FBI raids home of California shooter’s former neighbor At least 32 Islamic State fighters killed in strikes in Syria’s Raqqa: monitor Knife attacker slashes man in London ‘terrorist incident’ Exclusive: ECB lowered stimulus ambitions after hitting opposition – sources VW denies Qatar talks sought to curb labor role
Well…that was gross!
We would like to put lipstick on this pig but can’t. As we entered today’s action, not much had changed. 65%-plus of the market continued to be bearish while the markets had rallied up. Amazingly over the past few days, new yearly lows were equal to or more than new yearly highs. That tells you…
Service-Sector Growth Slows More than Expected @FoxBusiness
http://www.foxbusiness.com/economy-policy/2015/12/03/service-sector-growth-slows-more-than-expected-in-november/?intcmp=bigtopmarketfeaturesside
Do Soft Targets Need More Security? @FoxBusiness
https://video.foxbusiness.com/v/4644333645001/do-us-malls-soft-targets-need-more-security/?intcmp=bigtopmarketfeatures#sp=show-clips
JPMorgan defeats London Whale shareholder lawsuit in U.S.
http://www.reuters.com/#JEIP1ri6SwlQBWj3.99