While most Americans will not admit it, the IRS January 1st deadline encourages charitable gifts at the end of the year. This is 24/7’s survey of the states where people are most and least likely to give money to charity. Apparently wealth has a lot to do with it.
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 AFFX, AMCX, BRCM, CSIQ, CSCO, DECK, DANG, ELN, EL, FSLR, IVR, IPG, JNPR, OMC, OVTI, ONXX, PTR, RENN, RVBD, SI and YOKU. Here are the top rumors of the day. The most important financial developments that will affect the day ahead (retail sales rise, Nokia launches Lumia).
Could the Lam Research (LRCX) and Novellus (NVLS) merger trigger a wave of M&A in semiconductors?
Freddie Mac gave its 2012 outlook for the economy and rates on Wednesday afternoon. The results seem a bit optimistic based upon the data from around the rest of the world.
For a reason not explained to the public, Nokia’s critical new product launch will be done with the weakest US carrier.
The National Retail Federation increased its forecast for holiday sales. The question is what effect this will have on GDP in Q1.
Lightsquared, an experiment in national wireless broadband, is doomed.
200 billion videos were watched online worldwide in October, but very few companies can make money in the business.
Have a great day!
JON C. OGG