VIDEO: Weekly Market Wrap: November 30, 2012

This forty eighth trading week of 2012 comes to a close with investors keeping a close eye on negotiations between the President and Congressional leaders, as both sides seek to avoid the ominous fiscal cliff from occuring that would result in an automatic reduction in government spending and mandated cuts. Hi.

VIDEO: ReneSola Announces Earnings

ReneSola (SOL) announced that it lost $78.6 million, or 91 cents per American depository share for the quarter ended September 30, versus a loss of $8.2 million, or 9 cents per ADS, in the same period a year earlier. Results included a $31.6 million inventory value write down.

VIDEO: Friday 11/30 Insider Buying Report: ARDC

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at one noteworthy recent insider buy.

VIDEO: AP Top Stories

Here’s the latest news for Friday November 30th: President Obama urges Congress to extend tax cuts; Train derails in New Jersey; Missouri Powerball winners revealed; Federal officials hunt for a crocodile.