S p futures up by just over 3. 5. The nasdaq up by 6. 5 points. Also in europe this morning, Philadelphia Fed president Charles Plosser pointing at the weather for a blurry economic forecast. As you pointed out, it has been very noisy. Weve had storm after storm after storm, particularly on the east coast. Its been very difficult to get a decent reading on the economy. I think its important that we sort of take a step back, be patient here, and not overreact to whats going on because we just dont really know for sure yet. The fed beige book yesterday citing the weathers impact on the nations economic conditions. Well see if weather is a factor in todays collection of economic reports. At k8 30 a. M. , we get weekly jobless claims. The economy is expecting a reading of 338,000 to 348,000 we saw the week before. And at 10 00 eastern time, the january factory orders report will be released. Thats a decline of 0. 3 is what economists are looking for there. Treasury secretary jack lew will
It really needed a fashion enthusiast. I am shifting from radio to tv. I woke up this morning i said where the blue bowtie. You will be gorgeousity. Were going to ask a guy who knows best this is a story that broke before we set out. Carl icahn is declaring victory against our old. He has been pushing tim cook to buy back 50 billion worth of stock this year. No reasonhat we see to persist with our nonbinding proposal. The company is so close to fulfilling our requested target repurchase. It might also have to do within influential advisor recommending that they vote against this proposal. Lets ring in tom giles. Break it down for us. Not often see carl icahn back down from anything. He saw the writing on the wall. Said thatme out and we see no reason for them to be hamstrung in this way. We do not want them micromanaged. We do not want someone coming in and telling apple to do something beyond what it already does. They have already returned a great deal of their cash to shareholders.
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