Daily Outlook - Dec 18
Climate Showdown; Ryanair Ends Boeing Talks; Biggest Holiday Shopping Weekend
World leaders try to rescue climate deal
President Barack Obama met other world leaders in a last push for a new global climate deal on Friday, after negotiators failed to reach a deal on carbon cuts in all-night talks. Read Full Article here.
Ryanair pulls out of talks for 200 Boeing planes
Irish airline Ryanair said it had pulled out of talks to buy 200 aircraft from Boeing and would now trim investment from 2011 to cut costs and free up cash to pay to investors, lifting its shares. Read Full Article here.
Super Saturday expectations high for U.S. retailers
Bargain-hunting shoppers are expected to flood stores on Super Saturday weekend -- the last before Christmas -- and deliver retailers the highest holiday weekend sales so far this season. Read Full Article here.
U.S. FINRA launches inquiry into firms' trading tips: report
U.S. securities regulator FINRA has launched an inquiry into how Citigroup , J.P. Morgan Chase , Morgan Stanley and others offer stock ratings and research, the Wall Street Journal reported, citing people familiar with the matter. Read Full Article here.
JPMorgan tops ECM rankings, with $2.2 billion in fees
In the lucrative business of underwriting and selling a company's stock, J.P. Morgan led the world's banks this year, earning an estimated $2.2 billion in fees, or nearly double what it hauled from the deals last year. Read Full Article here.
Nike earnings beat St, stands by Tiger Woods
Nike Inc forecast a return to sales growth this quarter as it expands market share and rides stronger consumer spending, and on Thursday pledged to stand by Tiger Woods, the face of Nike's golf brand. Read Full Article here.
Icahn reports 11.3 percent stake in Take Two
Activist investor Carl Icahn reported an 11.3 percent stake in U.S. video game publisher Take Two Interactive Software Inc , sending its shares up 3.5 percent. Read Full Article here.
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