Will President Trump Make A Wise Decision or a Dangerous One?

Trump almost took the country to the abyss, but instead he stopped and made the smarter choice. Instead of giving Bannon a rubber stamp on the national security council he gave the national security state a man they trust and respect.

General known for sharp questions will be Trump's new top security adviser - Reuters

Breaking Stock Market and Financial News

Nike shares rise after quarterly results top Street view

MarketWatch Market Pulse - Tue, 12/20/2016 - 16:21

Nike Inc. shares surged in the extended session Tuesday after the athletic apparel giant topped Wall Street estimates for the quarter. Nike shares rose 3.5% to $53.61 after hours. The company reported fiscal second-quarter earnings of 50 cents a share on revenue of $8.18 billion. Analysts surveyed by FactSet had forecast earnings of 43 cents a share on revenue of $8.09 billion.

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BRIEF-S&P revises commonwealth of the Bahamas sovereign credit outlook up to 'stable' from 'negative'

Reuters Us Markets - Tue, 12/20/2016 - 16:13
* S&P - S&P revises commonwealth of the Bahamas sovereign credit outlook up to stable from negative; current rating is bb+

CANADA STOCKS-TSX rises for fourth day as financials, materials gain

Reuters Us Markets - Tue, 12/20/2016 - 16:08
TORONTO, Dec 20 (Reuters) - Canada's main stock index rose for the fourth straight day on Tuesday, clawing back much of its losses after the Federal Reserve raised U.S. interest rates, as gains for...

US STOCKS SNAPSHOT-Wall St rises as Dow, Nasdaq set records

Reuters Us Markets - Tue, 12/20/2016 - 16:04
NEW YORK, Dec 20 (Reuters) - The Dow and Nasdaq Composite closed at record highs on Tuesday in a rally fueled by optimism about U.S. President-elect Donald Trump's policies.

Dow finishes at record, but shy of 20,000 milestone

MarketWatch Market Pulse - Tue, 12/20/2016 - 16:03

U.S. stocks finished higher on Tuesday, led by a rally in bank stocks, though the Dow Jones Industrial Average finished just below the psychologically important 20,000 level. Both the Dow and Nasdaq Composite Index closed at fresh all-time highs, with the S&P 500 index falling just short of its own record. The S&P 500 gained 8.23 points, or 0.4%, to 2,270.76, led by financials and consumer-discretionary stocks. The Dow climbed 90.95 points, or 0.5%, to 19,974.14, as Nike Inc. and Goldman Sachs Group led the blue-chip benchmark. The Nasdaq gained 26.50 points, or 0.5%, to 5,483.94.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

DIARY - Today in Washington - Dec 21

Reuters Us Markets - Tue, 12/20/2016 - 16:00
1000/1500: The National Association of Realtors issues Existing Home Sales for November.

American Airlines wins $5 million in antitrust case against Sabre

Reuters Us Markets - Tue, 12/20/2016 - 15:51
NEW YORK, Dec 20 (Reuters) - American Airlines Group Inc on Tuesday was awarded $5.01 million in an antitrust lawsuit that accused airline booking service Sabre Corp of harming competition and...

PRESS DIGEST-New Zealand newspapers - Dec 21

Reuters Us Markets - Tue, 12/20/2016 - 15:51
SYDNEY, Dec 21 (Reuters) - Following are some of the lead stories from New Zealand media.

Kroton-Estácio spinoff opposed by Brazil education groups

Reuters Us Markets - Tue, 12/20/2016 - 15:48
SAO PAULO, Dec 20 (Reuters) - Three education groups have formally opposed Estácio Participacoes SA's plan to spin off distance-learning operations to win approval for a takeover by Kroton...

U.S. EPA estimates new VW diesel settlement worth about $1 billion

Reuters Us Markets - Tue, 12/20/2016 - 15:43
WASHINGTON, Dec 20 (Reuters) - The U.S. Environmental Protection Agency said on Tuesday the cost of a settlement with Volkswagen AG covering 80,000 polluting 3.0-liter vehicles is about $1 billion,...

Fed give parties more time to review proposal on bank commodities activities

MarketWatch Market Pulse - Tue, 12/20/2016 - 15:31

WASHINGTON (MarketWatch) -- The Federal Reserve on Tuesday extended the comment period on its plan to make it more difficult for banks to be involved in physical commodities. Under the proposal, firms would have to hold more capital, not be able to engage in activities involving power plants and not be allowed to own or store copper. Comments are now due on Feb. 20 rather than later this week. The Fed said more time was needed so that interested parties could analyze the issues.

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BRIEF-Meridian Bioscience says Magellan Diagnostics signed exclusive distribution agreement with Medcaptain Medical Technology

Reuters Us Markets - Tue, 12/20/2016 - 15:22
* Meridian Bioscience Inc- Magellan Diagnostics business unit has signed an exclusive distribution agreement with Medcaptain Medical Technology Co., Ltd

Oil prices log 3rd straight gain ahead of inventory data

MarketWatch Market Pulse - Tue, 12/20/2016 - 14:40

Crude-oil prices finished higher Tuesday, and futures scored a third positive session of gains in a row, ahead of weekly supply updates on crude inventories in the U.S. West Texas Intermediate crude oil for February delivery , the most active contract, finished at 24 cents, or 0.5%, higher at $53.30 a barrel, while the January contract , which expired Tuesday, settled up 11 cents, or 0.2%, at $52.23 a barrel. A weekly U.S. supply update is due from the trade industry group American Petroleum Institute at 4:30 p.m. Eastern on Tuesday and on Wednesday weekly inventory data by the U.S. Energy Information Administration will be released at 10.30 a.m. Eastern. Both reports are likely to be influential to crude-oil futures, which have traded in a relatively narrow, albeit positive, range since the Organization of the Petroleum Exporting Countries and other major oil producers forged a pact to cut production. Fears that producers will not adhere to those production limits has caused oil futures to experience volatile trade.

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In Trump cabinet, Commerce Secretary will run trade policy

Top Reuters News - Tue, 12/20/2016 - 14:33
WEST PALM BEACH, Fla./WASHINGTON (Reuters) - U.S. President-elect Donald Trump plans to put his pick for Commerce Secretary, billionaire investor Wilbur Ross, in charge of his get-tough trade policy, a transition team spokesman said on Tuesday.

Fifth Third Bancorp raises dividend 8%

MarketWatch Market Pulse - Tue, 12/20/2016 - 14:17

Shares of Fifth Third Bancorp rallied 2% in afternoon trade Tuesday, after the bank said it was increasing its dividend by 8%. The new quarterly dividend of 14 cents a share, up from 13 cents a share, will be payable Jan. 17 to shareholders of record on Dec. 30. Based on the stock's current price of $27.77, the new annual dividend rate of 56 cents a share represents a dividend yield of 2.02%, compared with the yield of 1.97% for the SPDR Financial Select Sector ETF and the aggregate dividend yield for the S&P 500 of 2.08%, according to FactSet. The stock has run up 38% year to date, while the financial ETF has climbed 22% and the S&P 500 has gained 11%.

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Gold resumes slide, settles 0.8% lower as dollar strengthens

MarketWatch Market Pulse - Tue, 12/20/2016 - 13:45

Gold prices dropped to settle lower Tuesday, following a brief reprieve Monday, as the dollar strengthened and stocks edged higher. Gold for February delivery settled down $9.10, or 0.8%, at $1,133.60 an ounce as the U.S. Dollar index ticked up 0.1% to its highest levels since December 2002. On the other hand, silver for March delivery settled up 2.8 cents, or 0.2%, at just under $16.12 an ounce.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Dow takes another shot at 20,000

Top Reuters News - Tue, 12/20/2016 - 13:19
(Reuters) - U.S. stocks eased off their session highs in early afternoon trading on Tuesday, but the Dow was still within spitting distance of 20,000, a level it has never breached.

UPDATE 1-Hedge fund Ardmore shutting, manager moving to Citadel's Aptigon

Reuters Us Markets - Tue, 12/20/2016 - 13:16
BOSTON, Dec 20 (Reuters) - Prominent technology investor Chris Connor is shutting down his hedge fund less than one year after launching it and will be joining Citadel, one of the industry's biggest...

Former Flint emergency managers, others charged in water crisis

Top Reuters News - Tue, 12/20/2016 - 13:15
FLINT, Mich. (Reuters) - Michigan prosecutors on Tuesday charged four former government officials, including two city emergency managers, with conspiring to violate safety rules in connection with the Flint water crisis, which exposed residents to dangerous levels of lead.

Orlando nightclub victims' families sue Twitter, Google, Facebook

Top Reuters News - Tue, 12/20/2016 - 13:12
(Reuters) - The families of three men killed at Orlando's Pulse gay nightclub have sued Twitter Inc, Alphabet Inc's Google and Facebook Inc in federal court, accusing the companies of providing "material support" to the self-radicalized gunman.

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