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February 28, 2011
And it doesnt stop there. rising oil prices causing a impact from the cost of an airplane ticket to the price of toothpaste. just last week the major airliners kicked in the 4th price hike this year, southwest increased round trip ticket by $10, and united raise the prizes by $20 and delta raised by up to $120. and higher oil prices are pressuring businesses everywhere who are facing increased costs to make and shift new products with fedex with a 10 percent fuel surcharge on express shipments a...
February 9, 2011
Shares of mcdonalds rose 2.5% leading the dow. the fast-food giant said global sales rose more than 5% in january thanks to new breakfast items in the u.s. and continued strength in europe. but mcdonalds says price hikes are coming as commodity costs are going up. rising food costs are affecting the entire food production industry. sara lee announced the new round of price increases on the food and coffee products tuesday. sara lee in the process of splitting into two separate companies said hig...
February 8, 2011
The markets may open slightly to the positive but i wouldnt bet everything on that just yet because they have been bouncing around quite a bit this morning. weve seen oil prices down, and gold prices jumped up to $15 or so, gold prices look like they are back on a run after being down for quite a while. weve been watching the earnings coming in and have not had too many positive stories. sara lee came in with earnings that were disappointing, lower sales and higher commodity costs and thats a co...
January 31, 2011
Mostly good news, a reminder that there are headline risks and took people back to may and people protesting in the streets in athens, in greece, the flash crash and we had a nasdaq glitch friday morning and didnt like the eerie resemblance of two events and people walking with wholesale selling not only coming to the reports, but markets selling first and asking questions later. >> harris: i know youre keeping an eye on a couple of companies. which and why? >> weve got, continuing and we talk a...
January 31, 2011
That there are headline risks and took people back to may and people protesting in the streets in athens, in greece, the flash crash and we had a nasdaq glitch friday morning and didnt like the eerie resemblance of two events and people walking with wholesale selling not only coming to the reports, but markets selling first and asking questions later. >> harris: i know youre keeping an eye on a couple of companies. which and why? >> weve got, continuing and we talk about higher commodity costs, ...
January 25, 2011
Points of the 12,000 mark. it hadnt closed that high since june of 2008. in the end, the blue chips rose 108 points and closed at 11,980. the nasdaq rose more than 1% and the sip tacked on half a percent. mcdonalds kicked off a busy week of corporate earnings, the first of components to report this week. they report a 2% rise in earnings and a 5% increase in global seas for the fourth quarter. that was in line with expectations. customers continue to respond well to new menu items like special...
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Negotiations. a tariff threat he imposed. yesterday in the market, it was an awful day for car manufacturers in large part because of increased commodity costs. >>reporter: yeah. for the detroit auto makers it was a rough day. all three, 2.5 detroit auto makers cut the outlooks for the year. trade was a problem. higher commodity prices except for fiat chrysler having its own troubles in china. but it was a win for europe, they got an exemption to the auto tariffs that havent yet been approved. t...
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