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5 Things You Need to Know Before the Stock Market Opens

Market items and Goldman compensation day added to this update

BOSTON ( TheStreet) -- Google's (GOOG - Get Report) fourth-quarter earnings miss leads your quick fix of company, market, economic and investing news for Friday, Jan. 20.

Friday's 5 Biggest Stories

Where is the revenue going to come from to help Google? [<a href="" target="blank" rel="nofollow">Wired</a>]

When the terms " Greece," " default," and " race against time" come in the same sentence, it's hard to be optimistic.[<a href="" target="blank" rel="nofollow">CNBC</a>]

Those unlimited three-year loans from the ECB? Yeah, they're not fixing everything. [<a href="" target="blank" rel="nofollow">Bloomberg</a>]

But for Italy, the task of refinancing 90 billion euros doesn't seem so bad anymore. [<a href="" target="blank" rel="nofollow">Reuters</a>]

General Electric (GE - Get Report) manages to beat profit expectations, but the revenue miss is ugly. [<a href="" target="blank" rel="nofollow">MarketWatch</a>]

Quote of the Day

" I think the destructive, vicious, negative nature of much of the news media makes it harder to govern this country, harder to attract decent people to run for public office. And I am appalled that you would begin a presidential debate on a topic like that," GOP presidential hopeful Newt Gingrich said when asked about his ex-wife's bombshell that Gingrich asked for an open marriage, the first question of the night at Thursday's CNN Republican debate in South Carolina. [<a href="" target="blank" rel="nofollow">PolitickerNY</a>]

Company News

Lost in the worry over Google is that all tech isn't suffering. Take Intel (INTC - Get Report), for example. [<a href="" target="blank" rel="nofollow">Barron's</a>]

Will a bankruptcy filing help save Eastman Kodak (EK)? [<a href="" target="blank" rel="nofollow">WSJ</a>]

Microsoft (MSFT - Get Report) meets estimates even as Windows' contribution to sales hit a two-year low. [<a href="" target="blank" rel="nofollow">Computer World</a>]


It's lonely being a bear in 2012 with the stock market jumping higher. [<a href="" target="blank" rel="nofollow">Market Anthropology</a>]

Venture capital had a huge year in 2011. [<a href="" target="blank" rel="nofollow">GigaOm</a>]

The new normal on Wall Street: Permanent pressures on profitability. [<a href="" target="blank" rel="nofollow">NYT</a>]

Investment Strategy

I know this is hard to believe, but star fund managers are losing investors as they rack up heavy losses. [<a href="" target="blank" rel="nofollow">Reuters</a>]

A way for conservative investors to trade financial stocks. [<a href="" target="blank" rel="nofollow">MarketWatch</a>]

Odds and Ends

Yesterday was bonus day at Goldman Sachs (GS - Get Report), which explains why you likely saw dudes in suits with red puffy eyes. [<a href="" target="blank" rel="nofollow">CNBC</a>]

Megaupload gets mega cracked down on by the Feds. [<a href="" target="blank" rel="nofollow">WSJ</a>]

You made it to Friday. Here's a video from Pearl Jam as a reward. Have a great weekend. [<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

>To submit a news tip, send an email to:
Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

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