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  • Consumer Electronics Show Opens Today in Vegas. This year’s CES officially opens today in Las Vegas. The highly anticipated event already has several companies making announcements. Samsung (SSNLF) announced that their smartphones will connect to refrigerators and that their tablets will b
    Category: Pre-Market News|4 views|No comments
  • Men’s Wearhouse in Hostile Bid for Jos A. Bank. Men's Wearhouse ( MW) has increased its bid for Jos. A. Bank Clothiers (JOSB) to $57.50 a share. Its earlier offer of $55.00 was rejected by Jos. A. Bank back in November.  (MW) Pre-market:  52.96   +2.37   (4.68%
    Category: Pre-Market News|17 views|No comments
  • New Year, New “Dogs of the Dow.” With the New Year comes a list of the new “Dogs of the Dow.” This year’s list of the 10 “Dogs of the Dow” looks a lot like the list from 2013. The list consists of the 10 highest yielding stocks in the Dow Jones Index. This year the top honor goes t
    2 views|No comments
  • Fiat acquires Full Control of Chrysler. Fiat ( FIATY) will pay $4.35B to acquire the 41.5% stake in Chrysler owned by the United Auto Workers Retiree Medical Benefits Trust. The deal will help the company consolidate and end the UAW control of the company. The agreement also ends the need f
    Category: Pre-Market News|No comments
  • JPMorgan Hired Relatives To Get Deals. Reports indicate that JPMorgan ( JPM) began hiring relatives of government and other officials to secure banking deals. According to the   NYT reports one email says "We lost a deal to DB (Deutsche Bank) today because they got (the) chairma
    Category: Pre-Market News|No comments
  • Nike Post Nice Earnings. Nike's ( NKE) reported that their FQ2 profit jumped +40% to $537M. Earnings at the company came in at $0.59 topping Wall Street estimates, while revenue climbed +8% to $6.43B, but missed consensus. Nike saw strong sales growth in North America, Western Europe and C
    Category: Pre-Market News|1 views|No comments
  • Gold Prices Fall. Gold has dropped to $1200 an ounce for the first time since June after the Fed's decided to taper its QE program by $10B a month. , Gold prices have fallen over -28% this year and is currently trading at $1.201.50 down -2.74% . Silver was   -3.7%  at $19.3
    Category: Pre-Market News|No comments
  • Bitcoin Value Sinks. China’s largest Bitcoin exchange BTC China was forced to stop accepting deposits in the Chinese currency on Wednesday, sending the price of the virtual money crashing. By Wednesday evening, BTC was quoting Bitcoins at about 2,300 renminbi, or about $380, apiece a dec
    Category: Pre-Market News|No comments
  • World Markets Worry about Fed. World markets are lower as traders wait for the Fed to announce the outcome of their latest FOMC meeting. Traders don’t expect the Fed to raise interest rates or to begin tapering, but they will be watching for any indication as to when this could begin.
    Category: Pre-Market News|No comments
  • Google Buys Boston Dynamics. Google ( GOOG) has purchased Boston Dynamics, a manufacture of robots and software for the U.S. military and DARPA. Boston Dynamics is best known for their four legged robots on You Tube where Big Dog and Cheetah resemble something straight from a space sci-fi m
    Category: Pre-Market News|No comments
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