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5 Things You Need to Know Before the Stock Market Opens

BOSTON ( TheStreet) -- The latest Federal Reserve meeting on interest rates leads your quick fix of company, market, economic and investing news for Tuesday, Dec. 13.

Tuesday's 5 Biggest Stories

The Fed won't do anything with interest rates, but watch what the central bank says about its new communications strategy. [<a href="" target="blank" rel="nofollow">Bloomberg</a>]

Despite the debt crisis, German investor sentiment unexpectedly rose for the first time in 10 months in December. [<a href="" target="blank" rel="nofollow">Businessweek</a>]

Sentiment is not as high in Spain after Moody's puts Spanish banks on review for a downgrade. [<a href="" target="blank" rel="nofollow">WSJ</a>]

When Jon Corzine testifies before Congress again today, perhaps he can tell Senate members about all the parties who bought MF Global's debt. [<a href="" target="blank" rel="nofollow">WSJ</a>]

Well, I suppose that if Verizon (VZ - Get Report) wants to buy Netflix (NFLX - Get Report), it makes more sense at $75 a share than it does at $300. [<a href="" target="blank" rel="nofollow">Bloomberg</a>]

Quote of the Day

"The U.S. spy drone is part of the Islamic Republic's assets and the nation will decide about future measures on the issue," Iranian Defense Minister Brig. Gen. Ahmad Vahidi said of the U.S. spy drone captured in Iran earlier this month. [<a href="" target="blank" rel="nofollow">NYT</a>]

Company News

So much for Black Friday: Best Buy (BBY - Get Report) misses profit estimates for the second quarter in a row. [<a href="" target="blank" rel="nofollow">WSJ</a>]

Zynga has a tough act to follow after Jive Software (JIVE - Get Report) raises more money than expected. [<a href="" target="blank" rel="nofollow">Bloomberg</a>]

Medtronic (MDT - Get Report) will pay $23.5 million to settle a probe it paid kickbacks to doctors. [<a href="" target="blank" rel="nofollow">Fox News</a>]


Least surprising call of the day: JPMorgan perma-bull Thomas Lee expects stocks to soar in 2012. [<a href="" target="blank" rel="nofollow">WSJ MarketBeat</a>]

More good news: The NFIB small business survey shows improvement in November. [<a href="" target="blank" rel="nofollow">CNBC</a>]

And now, there is more hope for a strong fourth-quarter GDP number. [<a href="" target="blank" rel="nofollow">Calculated Risk</a>]

Investment Strategy

How to use Apple's (AAPL - Get Report) guidance to predict earnings. [<a href="" target="blank" rel="nofollow">Bullish Cross</a>]

The so-called " smart money" is fleeing Europe. [<a href="" target="blank" rel="nofollow">Moneyland</a>]

Odds and Ends

Morgan Stanley (MS - Get Report) employees are pissed over an expensive party for John Mack. [<a href="" target="blank" rel="nofollow">Fox Business</a>]

Please don't hate me for making Wham's Christmas classic your music video wake-up call today. [<a href="" target="blank" rel="nofollow">YouTube</a>]

-- 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

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

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