The Day's News 11-30-11

The day's news highlights a coordinated global central bank action initiated to help ease pressure from the euro zone. Americans received solid economic data in the form of better than expected private payroll rise and an improved view from Chicago purchasing managers. However, all the news was not good, with S&P downgrading banks with global exposure. Newt Gingrich was shown leading President Obama in a new poll. In world news, France and Norway pulled their embassy staffs from Iran while the U.K. expelled Iranian diplomats from British soil.

The Day's News

• World’s Central Banks Take Coordinated Action on Economy


• Stocks Rally Most Since August


• S&P Downgrades Dozens of Global Banks (NYSE: C)


• Gingrich Leads Obama


• ADP Private Employment Report Shows Stronger Job Creation


• Oil Spikes to $101


• U.K. Expels Iranian Diplomats


• No Reason to Buy Stocks Now


• Q3 Productivity Revised Lower


• Victoria Secret (NYSE: LTD) Scores Big for CBS (NYSE: CBS)


• Movers and Deputies Refuse to Evict 103 Year Old Woman


• Ex-Philly School Superintendent Files for Unemployment After Scoring Million Dollar Buyout!


• France Recalls Ambassador to Iran


• Norway Closes its Embassy in Iran


• Chicago Purchasing Managers Look Up


• Occupy Philly and LA Protesters Cleared Out by Force


• Horses Could Soon be Slaughtered in US for Meat


• China’s Central Bank Takes Expansionary Action


• Announced Job Cuts About in Line


• Groupon CEO Says Holiday Weekend Sales Up 500% (Nasdaq: GRPN)


• Pfizer Looks to Guard its Lipitor (NYSE: PFE)


• Digitas CEO to Lead Time Warner (NYSE: TWX)


• Railroads and Unions Fail to Reach Agreement (NYSE: CSX)


• United, Continental Merger Approved (NYSE: UAL)


• Aussie and New Zealand Dollars Surging


• Pending Home Sales Surge in October


• Fed Beige Book


• Mortgage Applications Decrease


• Business Plan for End of the Euro


• Gold Rises to $1750


• Hungary Yields Reach 2-Year High


• Man Gives Away Suit with Life Savings Inside


• Yahoo! Earnings Calendar

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