5 Things You Need to Know Before the Stock Market Opens
BOSTON (TheStreet) -- Greece's debt talks once again lead your quick fix of company, market, economic and investing news for Monday, Jan. 30.
Monday's 5 Biggest Stories
The
Greece debt talks
with creditors drag on, as if we didn't expect that. Everyone must be staying at a really plush hotel or something.
Meanwhile, EU leaders are set to sign off on a
permanent rescue fund for the euro zone
. Doesn't make you feel good about this crisis passing soon, does it?
In case you missed the excitement late Friday,
is planning to file for its IPO this Wednesday. Word is the social media company is pissed at
Morgan Stanley
(MS) - Get Report
over the leak.
China
does not cut
bank reserve requirements
, which shows the country's worry over more monetary easing.
It's going to be a busy week for
economic releases
. Here's everything you need to watch for.
Company News
Citigroup
(C) - Get Report
Chairman Dick Parsons is reportedly considering relinquishing his spot on the board.
As rogue trader Kweku Adoboli pleads not guilty,
UBS
(UBS) - Get Report
is likely to face a trading probe.
Power and automation company
Thomas & Betts
(TNB)
gets a $3.9 billion buyout offer from Swiss engineering group
ABB
.
Markets
Killing enthusiasm over high-yield (read: junk) bonds in the low-yield environment.
When looking at the
Federal Reserve's ZIRP
, investors should start to remember that banks need higher interest rates to make money.
Investment Strategy
A look at how a South Carolina public pension plan is trying to wean itself off of
hedge funds and other alternative investments
.
6
stocks to buy
and another 2 to sell, based on a Goldman Sachs report.
Odds and Ends
It's time for the
post-Davos blues
to set in now that everyone has to try to save the world.
I'm in the mood for some
The Smiths
this morning. Here's a live take for television from 1984.
-- Written by Robert Holmes in Boston
.
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Robert Holmes
.
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.
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Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
