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Situational awareness:

  • Sears Chairman Eddie Lampert won out in bankruptcy court after increasing his offer to $5.2 billion for the bankrupt U.S. department store operator. (Reuters)
  • Goldman Sachs, BlackRock, Bank of America, BNY Mellon and others report fourth quarter earnings today. (Nasdaq)
  • World Economic Forum guests say the trade war between the U.S. and China is their top concern. Bank of America-Merrill Lynch's fund manager survey reported the same of consulted asset managers. (WSJ)
  • How did companies spend their tax cut savings in 2018? Stock buybacks, mostly. (Bloomberg)

Days without a factual error: 1