The Day's News Wire 12-13-11

The day's news wire highlights Iranian rumbling, with war games planned that may include practice of the shutting of the Strait of Hormuz. A high ranking Israeli official added to the day's war rhetoric, stating that Iran needs to decide between attaining a nuclear weapon and its survival. Iranian officials rebutted that if the world sought to undermine stability in the region, than Iran would undermine the stability of the world. European markets came undone for a bit today, on some cautious speak from Angela Merkel. The American markets are awaiting the 2:15 PM FOMC Monetary Policy Statment from the Federal Reserve. All the day's news wire follows, with the hottest stories hand-selected for you, including the day's market moving news.

News Wire

• Saudi Arabia Executes 76th Person this Year on Sorcery Charges


• Maniac Drops Grenades from Belgium Roof


• Merkel Dumps on EU Enthusiasm


• Federal Reserve Monetary Policy Statement


• Verizon (NYSE: VZ) Alert Text Message Terrified New Jersey Residents


• Iran May be Planning to Close the Strait of Hormuz During War Games


• Fed May Revise its Zero Rate Policy


• Demand High for Spanish Bonds


• Greek Finance Minister Says No New Taxes


• Baby Develops H1N2 Virus


• Another US Drone Crashes


• Strange Robotic Probe Surveyed Protesters in Moscow


• Best Buy’s Profits Eaten into by Discounts (NYSE: BBY)


• Urban Outfitters (Nasdaq: URBN) Surges on Q4 Sales


• Retail Sales Growth Fell Short in November


• Small Business Optimism Rose in November


• Southwest Airlines (NYSE: LUV) Makes Record Boeing Order (NYSE: BA)


• Illinois Lawmakers Seek to Send Tax Breaks to Lawmakers


• OPEC Likely to Keep Output Steady


• Google (Nasdaq: GOOG) Argues Against the Free Speech Kill Switch


• DuPont’s Results are Looking Good (NYSE: DD)


• Israel: Iran Must Decide Between Bomb and Survival


• Morgan Stanley (NYSE: MS) Settles MBIA Suit


• Lawmakers Pissed Off by MF Global Comments (OTC: MFGLQ.PK)


• The Next EU Flashpoints


• Jive Software (Nasdaq: JIVE) an IPO Success Story


• 8 Siemens (NYSE: SI) Executives Charged with Bribery


• Amazon Extends Free Shipping (Nasdaq: AMZN)


• Oil Surges on Iran Concern


• Business Inventories Up in October


• Gold Prices Falter


• Europe’s Bank Meltdown will Hit Home


• Euro Falls Against the Dollar


• Yahoo! Earnings Calendar

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