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
TheStreet Open House

BC-Business News Digest

AP photos.

STRAUSS-KAHN-LAWSUIT

NEW YORK â¿¿ Former International Monetary Fund leader Dominique Strauss-Kahn and a hotel maid have settled her lawsuit over sex-assault allegations that sank his political career and spurred scrutiny of his dealings with women on two continents. By Jennifer Peltz.

AP photos.

â¿¿ AIG-TREASURY SALE â¿¿ The U.S. government says it is selling its remaining shares of American International Group stock, moving to close the books on the government's biggest bailout during the 2008 financial crisis.

WALL STREET

NEW YORK â¿¿ Stocks edge higher on Wall Street after a strong sales report from McDonald's offset concerns about the surprise resignation of Italy's prime minister. Investors also wait for developments in crucial U.S. budget talks. By Business Writer Steve Rothwell.

AP Photo.

â¿¿ OIL PRICES â¿¿ Oil prices fall below $86 per barrel, despite a report of a surprise expansion of German exports and signs of increased oil consumption in China. Concerns about the so-called fiscal cliff in the U.S. continue to dog traders and investors.

INDUSTRY

OBAMA-ENGINE PLANT

DETROIT â¿¿ The Detroit Diesel Corp. uses a visit from President Barack Obama to announce that it will add 115 jobs and invest millions at a huge factory near the city. By Auto Writer Tom Krisher.

MCDONALD'S-SALES

NEW YORK â¿¿ McDonald's says a key sales figure rose in November, as U.S. customers snapped up the world's biggest hamburger chain's breakfast offerings and limited-time Cheddar Bacon Onion sandwiches. The increase follows a decline in October, the first drop in McDonald's key monthly sales gauge in nearly a decade. By Business Writer Mae Anderson.

â¿¿ HSBC-BANK CASE: AP source: HSBC to reach $1.9 billion deal with government in money-laundering probe.

â¿¿ INGERSOLL-RAND-SPINOFF â¿¿ Ingersoll-Rand says it will spin off its security division. The company, which also makes heating and cooling tools and other industrial products, also plans to buy back up to $2 billion in shares.

3 of 6

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs