Relying on information provided by the National Fraternal Order of Police and interviews with dozens of police departments, 24/7 Wall St. has identified nearly 50 cities and towns that have considered dismantling their police forces in the past four years. Some are making prudent fiscal decisions. Others are facing ugly financial burdens. These are six American cities that have fired their police departments.
As always, here are the top major media headline summaries from WSJ, FT, Bloomberg, and more. Today’s top analyst upgrades and downgrades were in shares of MT, AVNR, CTRN, ETH,INTC, IGT, KALU, LVS, MA, MGM, MNTA, NOR, SFD, SO, SE, URBN, V and WYNN. Here are the top rumors of the day. The most important financial developments that will affect the day ahead (global employment, Jive IPO).
Want a way to get on companies like Facebook before they go public… The “KIPO” fund that launched yesterday is a pre-IPO fund.
Global job growth has begun to slow.
People are more concerned about the effects of big government than big business.
Oil demand is down, but that may not bring down the price.
Have a great day!
JON C. OGG