News out of China was positive for stocks, yet futures were stalled ahead of earnings for major stateside companies.
He was long JC Penney, which is sliding, and short Herbalife, which could rebound.
Japan unveiled a stimulus plan, boosting sentiment somewhat.
Facebook has sent out invitations to a mystery event on Jan. 15. Everybody's wondering what it could be.
Loeb takes an 8.2% stake in the multi-level marketing company, countering Ackman allegations.
ECB and BOE rate decision also in focus as are initial jobless claims.
If consumers aren't buying, maybe investors should be selling.
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The offering could become the second-biggest this year if underwriters exercise an option to buy more shares.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.