This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

13 Most Important Business Stories for Today

BOSTON ( TheStreet) -- Euro TARP, the plan to save Europe from the sovereign debt crisis by shoring up banks, leads your quick fix of company, market and economic news for Tuesday, Sept. 27.

The Big Story

This Euro TARP thing sounds so, so familiar. It really is déjà vu all over again, and this time with more leverage. Pragmatic Capitalism

Despite the madness of the European Investment Bank's involvement, this is essentially a "No More Lehmans" rally in equities. FT Alphaville

If you want to save Europe, just let the Federal Reserve print euros at will. Problem solved! Marginal Revolution

Sounds like Treasury Secretary Tim Geithner wants some credit for Euro TARP. Perhaps it's best to see how successful it is first? Business Insider


Quote of the Day

"As a result of several long-building, polarizing trends in American politics and culture, we have lost the ability to execute even the basic functions of government, much less solve the most difficult and divisive problems facing the country," said former Defense Secretary Robert Gates, on the subject of U.S. political dysfunction. Washington Post


Company News

Hacker group Anonymous is doing their best impression of Muddy Waters Research, and their first target is Chaodo Modern Agriculture, an agricultural produce company based in China. Anonymous Analytics via Dustin's World

Embattled trucking giant YRC Worldwide (YRCW) looks to be in play after Cyrus Capital Partners reported a 20.3% position in the company. CNBC

Eastman Kodak (EK) is a reminder of how even the mighty, like legendary investor Bill Miller, aren't infallible. Wall Street Journal

Coca-Cola (KO - Get Report) thinks China is friendlier than the U.S. Financial Times

Apple (AAPL - Get Report) iPad users will finally have a native Facebook application next month. Mashable


Markets

Hedge fund manager Paul Tudor Jones said the economy is "going to be bleak for some period of time, unfortunately." Considering Jones is a macro-fund manager, this is kind of a big deal. Memphis Daily News

Silver is back from the dead and enjoying a one-day bull market, up 26% in 26 hours. Zero Hedge

The key level on the S&P 500 to watch is 1,100. Market Folly


Investment Strategy

Missing the trade gracefully is as much a part of the craft as executing, says the executive editor of StockTwits. Phil Pearlman.


Odds and Ends

Thieves take the term " bringing home the bacon" too far. To be fair, there's no such thing as too much bacon. CNBC

People hate Wall Street now, so let's green-light a movie about how Wall Street was totally awesome in the 1980's. Hollywood Reporter

Readers pick the 30 most influential finance sources. The Big Picture

Wilco's new album comes out today. Here's an old favorite of mine.

-- Written by Robert Holmes in Boston.



>To contact the writer of this article, click here: Robert Holmes.

>To follow Robert Holmes on Twitter, go to http://twitter.com/RobTheStreet.

>To submit a news tip, send an email to: tips@thestreet.com.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.25 -0.14%
KO $40.68 0.32%
YRCW $17.54 -2.34%
FB $81.66 -0.67%
GOOG $542.56 -0.99%

Markets

DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs