Smoking Red Hot News 12-01-11

We cover the most important news stories of the day here at the blog, call it what you may. These are hand selected stories, chosen by an editor with an eye for the most interesting and market moving news of the day. Enjoy your smoking red hot news!

Smoking Red Hot News

• Massachusetts Sues Big Banks over Faulty Foreclosures


• EU Examines Iran Energy Sanctions, China Urges Calm


• Muslim Brotherhood Likely Winner of Egyptian Election


• Merry Christmas – Hundreds of Thousands Missing as Bank Courier Doors Open on Highway


• Thieves Busted into Church and Stole Toys for Needy Children


• Merkel Seeks to Limit ECB and German Exposure


• ECB Hints at Action if EU Alters Pact


• Strong November Auto Sales for GM (NYSE: GM), Chrysler, Nissan (OTC: NSANY.PK)


• Feds Raid Manhattan Strip Clubs, Uncover Russian Mafia Scheme


• Strong November Sales for Macy’s (NYSE: M), Limited Brands (NYSE: LTD) and Costco (Nasdaq: COST)


• Retailers Outperformed in November (NYSE: WMT)


• Yahoo (Nasdaq: YHOO) Pops on Alibaba (OTC: ALBCF.PK) Bid Rumor


• Jobless Claims Creep Higher


• ISM Manufacturing Index Improves


• Construction Spending Increased in October


• Consumer Confidence Little Changed


• Gold Prices Pull Back After Monster Rally


• IMF to Meet Monday on Greek Funding


• Dollar Trims Losses to Euro


• Clearwire (Nasdaq: CLWR) Signs Deal with Sprint (NYSE: S)


• AT&T (NYSE: T) Blasts FCC Call on T-Mobile Merger (OTC: DTEGY.PK)


• Oil Drops Short of $100


• Natural Gas Report


• Stocks Waver After Big Rally


• Republicans Lay Out Payroll Tax Cut Plan


• 97 MPH Winds Torment California


• Dog Shoots his Master


• Giant Great White Shark Filmed Off NC Coast


• Yahoo! Earnings Calendar

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