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Monday, December 17, 2007

Today's CNBC MarketWrap

CNBC's Daily Market Wrap
Monday, Dec. 17, 2007


Today's top 5 stories on CNBC
1. Piper Jaffray Retail Review: Top retail stocks, with Piper Jaffray analysts, Neely Tamminga, Nicole Regan, Jeff Klinefelter and Mitchell Kaiser and CNBC's Becky Quick.
2. Ingersoll Rand CEO: Discussing the acqisition of Trane, with Herb Henkel, Ingersoll CEO and CNBC's Sue Herera.
3. Citi Considers Dividend Cut? There are increasing signs that Citi's new CEO could impose a divident cut, reports CNBC's Charlie Gasparino.
4. Stop Trading, Listen to Cramer: Mad Money host Jim Cramer discusses financial stocks and the economy with CNBC's Erin Burnett.
5. Builders' Sentiment Steady: It's not getting any better on the home front, but it's not getting any worse, reports CNBC's Diana Olick.
Click here to view all of today's Top stories


CNBC Blogwatch

Tech Check with Jim Goldman: Palm - A Fall From Grace, But What's Really Going On Here?

The company that virtually invented the smart wireless device seems to be in trouble. Jim Goldman blogs about Palm's fall and what it might mean for a possible buyout going forward. Click here to view posting.

Tune in to CNBC tomorrow to watch the market unfold
1. INSIDE THE FED: In a landmark move, the Federal Reserve Board will hold an open board meeting at 1000am Diana Olick will be live at the event to see what the Fed's major players think about a bailout for borrowers.
2. GOLDMAN SACHS EARNINGS: Following Lehman's earnings release last Thursday, Goldman kicks off a big week of brokerage reports before-the-bell. Will they continue to look like the smartest folks on the street? The company reports numbers at 830a and has an 1100a conference call.
3. PALM EARNINGS: Palm reports its earnings after-the-bell. Jim Goldman analyzes the company's numbers, outlook and comments.
4. ON THE FARM: While local agriculture was ravaged by the California wildfires, Jane Wells has the story of a surprising sector that escaped unscathed. The Christmas tree business in California is still ringing in the holidays with profits.
5. SURVEYING XMAS: NRF will be releasing its final holiday survey Tuesday, with a look at the percentage of shopping people have completed, where people will shop for the remainder of their holiday gifts, and what people have purchased so far. Margaret looks at the fresh results in the context of the last week of the holiday shopping frenzy.
 
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