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

Chinese man guilty of stealing military program documents -U.S. Justice Dept.

Reuters Us Markets - Mon, 12/19/2016 - 18:38
WASHINGTON, Dec 19 (Reuters) - A 38-year-old Chinese man pleaded guilty on Monday to charges that he stole numerous sensitive military program documents from United Technologies Corp and transported...

UPDATE 5-Brazil to challenge Canada at WTO over Bombardier funding

Reuters Us Markets - Mon, 12/19/2016 - 18:33
SAO PAULO/MONTREAL, Dec 19 (Reuters) - Brazil unveiled a probable challenge against Canadian regional and government funding for Bombardier Inc at the World Trade Organization, reviving a bitter...

Lagarde says won't appeal French negligence verdict, to focus on IMF

Reuters Us Markets - Mon, 12/19/2016 - 18:25
WASHINGTON, Dec 19 (Reuters) - International Monetary Fund Managing Director Christine Lagarde said on Monday she does not intend to appeal her conviction in France on a negligence charge over a...

BRIEF-Janssen Sciences Ireland UC says positive results from first Phase III studies of investigational two-drug HIV treatment regimen

Reuters Us Markets - Mon, 12/19/2016 - 18:22
* Press release - Positive results from first Phase III studies of investigational two-drug HIV treatment regimen

BRIEF-BC Moly Ltd. announces shareholder approval of re-pricing of options

Reuters Us Markets - Mon, 12/19/2016 - 18:18
* BC Moly Ltd. announces shareholder approval of re-pricing of options Source text for Eikon: Further company coverage:

Jagged Peak Energy files for initial public offering

MarketWatch Market Pulse - Mon, 12/19/2016 - 18:14

Jagged Peak Energy Inc. said it plans to raise up to $100 million in an initial public offering, according to a filing with the Securities and Exchange Commission late Monday. The oil and natural gas company reported revenue of $33.8 million and a loss of $7.5 million in 2015. Citigroup, Credit Suisse, and J.P. Morgan are lsited as underwriters for the offering. The company plans to list on the New York Stock Exchange under the ticker "JAG".

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BRIEF-Theravance biopharma highlights initiation of Phase 3 study

Reuters Us Markets - Mon, 12/19/2016 - 18:12
* Theravance Biopharma highlights initiation of phase 3 study of the closed triple in patients with asthma by glaxosmithkline and innoviva

Trump passes 270 electoral college vote count for presidency

MarketWatch Market Pulse - Mon, 12/19/2016 - 17:52

Donald Trump cleared the bar of 270 cast electoral college votes late Monday, putting him on track to become the nation's 45th president. With 306 electoral college votes pledged in the Nov. 8 election, Trump surpassed the needed 270 votes to secure the presidency following votes cast in Texas, according to a tally by the Associated Press. The final vote count will be certified by Congress on Jan. 6.

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IMF executive board backs Lagarde despite verdict against her

MarketWatch Market Pulse - Mon, 12/19/2016 - 17:47

WASHINGTON (MarketWatch) - The executive board of the International Monetary Fund said Monday it had "full confidence" in IMF Managing Director Christine Lagarde despite a French court convicting her of negligence. "The executive board reaffirms its full confidence in the managing director's ability to continue to effectively carry out her duties," the IMF board said in a statement. The board said it had met regularly to consider the legal proceeding as it progressed in the French courts. In February, Lagarde won a second five-year term as head of the international financial organization. "The executive board looks forward to continuing to work with the managing director to address the difficult challenges facing the global economy," the statement said.

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Conatus shares skyrocket after Novartis license deal

MarketWatch Market Pulse - Mon, 12/19/2016 - 17:21

Shares of Conatus Pharmaceuticals Inc. skyrocketed in the extended session Monday after the microcap biotech announced a licensing and collaboration agreement with Novartis AG for a liver disease treatment. Conatus shares surged 150% to $4.90 after hours on heavy volume. The company said it will receive $50 million upfront from Novartis in addition to other payments for an exclusive option, collaboration and licensing agreement for its liver disease drug emricasan. Novartis will also pay 50% of development costs for the drug after the exercise of options, Conatus said.

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Gunman wounds three in Zurich mosque rampage, motive unclear

Top Reuters News - Mon, 12/19/2016 - 17:13
ZURICH (Reuters) - A man stormed into a Zurich mosque on Monday evening and opened fire on people praying, injuring three, Swiss police said.

F-35 chief defends program after Trump criticism

Top Reuters News - Mon, 12/19/2016 - 16:59
WASHINGTON (Reuters) - Lockheed Martin Corp's F-35 fighter jet program is essential for the security of the United States and its allies, a Pentagon official said on Monday, looking to defend the program a week after President-elect Donald Trump criticized it for delays and cost overruns.

NeoPhotonics shares drop on cut outlook after production delays

MarketWatch Market Pulse - Mon, 12/19/2016 - 16:45

NeoPhotonics Corp. shares dropped in the extended session Monday after the optical networking company cut its outlook and announced the divestiture of its low-speed transceiver business. NeoPhotonics shares fell 18% to $10.18 after hours. The company forecast adjusted fourth-quarter earnings of 3 cents to 11 cents a share on revenue of $105 million to $109 million because of delayed shipments from one of its new factories. Analysts surveyed by FactSet had estimated earnings of 17 cents a share on revenue of $112.6 million. Additionally, NeoPhotonics said it is selling its access and low-speed transceiver product lines to Shenzhen, China-based APAT Optoelectronics Components Co. for $26.4 million.

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Biogen shares slip on report of new CEO

MarketWatch Market Pulse - Mon, 12/19/2016 - 16:18

Biogen Inc. shares slipped in the extended session Monday following a report that the biotech company is set to appoint a new chief executive. Biogen shares declined 1.2% to $275.50 after hours. Biogen is planning on announcing Chief Commercial Officer Michel Vounatsos as its new CEO to succeed George Scangos as early as this week, according to Reuters, citing people close to the matter.

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UPDATE 4-Vale sells fertilizer unit to Mosaic, to become top shareholder

Reuters Us Markets - Mon, 12/19/2016 - 16:07
BRASILIA/SAO PAULO Dec 19 (Reuters) - Vale SA's $2.5 billion sale of its fertilizer business to Mosaic Co , the latest step in the Brazilian iron ore miner's strategy to reduce debt, also makes it...

U.S. stocks finish higher while Dow falls short of 20,000

MarketWatch Market Pulse - Mon, 12/19/2016 - 16:06

U.S. stocks closed higher Monday with the Dow industrials failing to reach the elusive 20,000 mark as investors shied away from big bets in the preholiday week. The Dow Jones Industrial Average rose 39.65 points, or 0.2%, to finish at 19,883.06, led higher by shares of Microsoft Corp. and United Technologies Corp. . The S&P 500 index closed up 4.46 points, or 0.2%, at 2,262.53, with the telecom and real estate sectors the strongest performers. The Nasdaq Composite index finished up 20.28 points, or 0.4%, at 5,457.44.

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US STOCKS SNAPSHOT-Geopolitical turmoil keeps Wall St in check

Reuters Us Markets - Mon, 12/19/2016 - 16:04
NEW YORK, Dec 19 (Reuters) - U.S. stocks extended a recent rally on Monday but finished the session short of earlier gains after several people were killed by a truck driven into a Christmas market...

Deals of the day-Mergers and acquisitions

Reuters Us Markets - Mon, 12/19/2016 - 16:04
Dec 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

DIARY - Today in Washington - Dec 20

Reuters Us Markets - Mon, 12/19/2016 - 16:00
1130/1630: The Treasury Dept. holds weekly sale of 4-week bills.

Truck plows into crowd at Berlin Christmas market, nine dead

Top Reuters News - Mon, 12/19/2016 - 15:59
BERLIN (Reuters) - A truck plowed into a crowded Christmas market in the German capital Berlin on Monday evening, killing nine people and injuring up to 50 others, police said.

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