Page 11 - Bob Wright News Today

You can see oil prices pulling back about 27 cents, still just about 89 for wti crude. We will have a live report from our nbc colleagues on the ground in the middle east coming up in the next half hour. Lets talk about some of the main market events of the morning. Actually today fed chairman Ben Bernankes speech at the economics sclub of new york is coming up at 12 15 eastern time. Traders will be listening no any comments on the Central Banks operation twist program and discussions about chan...

It is the duty of our government to do things for people that they cannot do themselves. The rich can do for themselves. The poor people cannot. Ill hang up and listen. Host lets go to curtis dubay. Guest we keep hearing about infrastructure investment. But the way we do that is federal gaps. The 65 cents of every dollar raised for the federal gas tax actually goes to roads and bridges and highways. The rest of it goes to things that are not supposed to be funded by the attacks. Sustainability p...

Much as people had expect it. Demand obviously easing. Economic data, 8 30 a. M. , retail sales, initial jobless claims and import price index. Bloomberg Consumer Comfort Index 10 00, business inventories, 2 00, and the budget. Earnings before the bell, power weeral and at 2 30 p. M. Will hear president obama deliver remarks on potentially increasing over time. Over tominimum wage overtime pay. He certainly has a mission right now. And the little bit of electioneering moving to the first tuesday...

Sales rose during the month of february. Is a weathert story. I know youre sick of talking about it. Jpmorgan chase estimated that in january we spent 24 billion dollars extra just staying warm on gas, electricity, money that did not go to dining out and two dresses and things like that. Were going to look to date to things like building materials. Do we buy more snow shovels, snowblowers and salt . It might give us a rough indication of whether we kept spending, but clicking the mouse at home i...

And Standard Poors highest ever, 1744, up 11 points on the Standard Poors. Another record day for the s p. Broader averages posting the best weekly gains since july. Bob pisani, what a week on the heels of a government shutdown. New highs and good volume the last several days. Today was an expiration day, maria. New highs with expanded volume. Thats a great confirmation for the strength of the market. New highs not just on the s p 500. Take a look. Several major indices. Dow transport, historic ...

That was two cents above estimates. Revenue slightly shy of consensus at about 17. 7 billion. The companys projecting samestore sales growth of about 4. 6 . For 2014. Not 4. 5 or 4. 7. I dont think theyve got that kind of visibility. But probably averaging it out. And it l announced a 21 Dividend Increase to 47 cents a share. And i know you might ask what is the dividend . What is the yield on home depot right now so i know whether thats a good yield . Its 1. 56, had been, and it was yielding 2 ...

Overnight in shanghai down almost 4 as the yuan sits near a sixmonth low. The roadmap begins with the markets, the s p starting off shy of the fresh record high and the nasdaq beginning from right around its highest level in 14 years. Home depot is posting quarterly profit above expectations and boosted dividend. Different story with macys and shares slipping after same store sales came in below expectations. And jpmorgan expected to announce job cuts in its mortgage and consumer business. The b...

Insurgents started happening after the iraq war and you have a lot of sunni individuals who came to kuwait at the time that were displaced in the conflict that happened. And i think that they have a lot of influence actually and as he said, kuwait has open politics and there has been some situations. And they actually broke down in the middle of these issues and what escalation was part of sm and also in lebanon as well. And this includes the parliamentarians in their support for them as well wh...

Budget. Thats the number in 2013. So what we are going to do in the future is that base of the budget coming from oil will remain constant. And the way that it will stabilize our finances. The mexican finances will not be suffering from lack of money. So we have a constant of 4. 7 . After we reach the 4. 7 the rest of the money goes into longterm savings. That, up to 3 of gdp. Once we reach 3 of gdp we put that in the bank. Then if we assume theres another dollar that comes additional to the fir...

Test. Test. Cable satellite corp. 2008 this is very important because were thinking about the future of the country. Once we achieve that, the next element is that up to 10 of the initial dollar will go to the pension system. Mexico is debiting in congress separation of a universal pension system. This will fund that pension system. The next 10 going to science and technology and Renewable Energy projects. The next goes to oil and gas investmen investments in norway where you have ministry of en...