Crisis. Gm shares are trading near the high of the year and gained 1 yesterday to close at 40. 90. The s p closed at a new high yesterday. The rest of the market at modest gains and loses. Wicked weather continues. Heavy snow is expected to the east. While in the west california Citrus Growers fear freezing temps will damage crops. And, a final farewell to Nelson Mandela today. As 91 world leaders, 4 american president s and masses of mourners pay tribute in south africa. Jim richter of Performance Trust joins us on this tuesday morning. Good morning, jim. Good morning, angie. Were hearing more from the fatheads those fed president s now starting to leak that maybe we will see a taper before the end of the year. How is the bond market reacting . Well the head of the richmond fed president who has been fairly vocal in his opposition to the quantitative easing programs has come out and said he expects a healthy debate and even the st. Louis president who has historically supported all th
Hold. Deutsche telekom betting big on the u. S. Thanks to Stronger Customer growth in the market. The group is cutting its cash flow target as a result. Investors are buying into the turn around. Hi, everybody. Good morning. Very glad that youre with us. We have a full two hours of Worldwide Exchange for you. Im very pleased to be here for the next two hours alongside with a whole bunch of good guests. Just before we get to the Business Aspect of todays session, i just want to tell you about some flashes that are coming through on the wires, where essentially were seeing that an imminent quake warning has been issued for japan. Theyre sourcing nhk. The quake is centered in western japan. Again, according to those sources. Well continue to keep you updated on this story as we get the details through. But on to the show, well also be taking the pulse of the insurance sector as earnings at the uks viva beat forecasts sending shares sharply higher. Well bring you analysis on that at 10 20
Possible collusion when it comes to companies and funds going long. Herbal life, herbal life stock moving higher by 2 right now, but theres a lot of bad blood now between the soros fund and akman fund. Watch it closely. More on this in a moment. Hedge fund heavy weight bill akman turning up here on jcpenney frustrated with the retailers performance, and he wants a new ceo installed in 3045 days. Now, former ceo has been receiverring the interim ceo after the Company Fired ron johnson for providing over dismal store sales and a reset of the stores that did not work. Now we have another former jcpenney ceo, allen, who says he might consider returning as pennys chairman. He apparently has been asked, according to the wall street journal, by akman, and the stake has been a mess. Theres an intraday high today, but at 1371, its a far cry, certainly, from hitting the 12year low of yesterday, which was 121. 50. He has to do something. Theres a couple positions going the wrong way, and herbal l
/PRNewswire/ Guidehouse, a leading global provider of consulting and managed services to public sector and commercial clients, announced today that it has.
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