The following video is from Wednesday's edition of Investor Beat, in which host Chris Hill and Motley Fool analysts Jason Moser and Evan Niu break down the biggest investing stories from the market today.
Chairman Ben Bernanke announced that the Federal Reserve will cut the bond-buying program by another $10 billion. Starting in February, the Fed will buy $65 billion in bonds per month, down from $75 billion. Also starting in February is Bernanke's post-Fed career, as Janet Yellen takes over as chairwoman. In the lead story from today's Investor Beat, the guys discuss their joy at not seeing a market panic on the news, and what the Fed's policy will look like as the U.S. reaches its unemployment rate target, and beyond.
Then the guys discuss four stocks making moves today. Cirrus Logic saw shares fall today, after third-quarter profits for the iPhone and iPad audio chip maker fell by 39%. Shares of Control4 are coming back down to Earth after the stock's recent catapult skyward; shares had launched up 70% over a span of two days after news broke that Google had bought Nest for $3.2 billion. Freescale Semiconductor is up big and hitting a two-year high after delivering strong fourth-quarter results, and strong guidance for the new fiscal year. And Dunkin' Brands is rolling out a national loyalty rewards program that will be fully integrated in the Dunkin' Donuts mobile app.
And finally, Evan discusses why T-Mobile has become such a fun company to watch, while Jason says he'll have his eye on Under Armour's earnings report tomorrow, and why he believes that the story of Under Armour is just getting started.
Chris Hill has no position in any stocks mentioned. Evan Niu, CFA, owns shares of Cirrus Logic. Jason Moser owns shares of Under Armour. The Motley Fool recommends Under Armour and owns shares of Cirrus Logic and Under Armour. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.