This Day On The Street
Continue to site
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

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.

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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
GOOG $626.91 0.00%
GE $25.47 0.00%
GS $177.01 0.00%
INTC $30.51 0.00%
MSFT $45.57 0.00%


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs