As a Global Economic indicator. They see obviously a tough 2013. They talk about it being choppy in the first half. For this year 2012 they have lowered their numbers. Again, this is the second time they have put out a cautionary tone and having to change the numbers. They said maybe in the back of 2013. So that sort of feels like a long time to wait. Everybody wants some numbers here and now. We did see the stock move here to the down side, but it has recovered and moved back into the green, so its up 1 1 4 . But this comes on the heels of other Dow Companies that came out with some tough numbers last week including mcdonalds and general electric. Back to you. Nicole thank you very much. Its been a rough week for Solar Companies. A judge confirming solyndras bankruptcy plan earlier today despite protests from the government which stands to lose about half a billion dollars invested in that company. So this comes after two more Companies Subsidized by the Energy Department of our gover
Afternoon, and the questions are unbelievable of softballs. Its like so, hat was your first date with michele like . I mean, is this what passes for journalism with the president . I think so. A lot of journalists are on his side, so theyre giving him an easy shot, but the thing is hes having a hard tie with young voters. We have 12 percent unemployment for 1829 year olds. And if there were so enthusiastic back in 2008. Now theyre living in their parents home and they are upset and disenchanted. Gerri last time around the president 66 percent. His competitor at that time, john mccain, 32 percent among young voters. How hard is this at the end of the day when you lok at this for people to up signon with the president when you cant get a job . Okay. Gerri sorry about that. Im asking both of you. Youngbear voters were an indispensable part of his Winning Coalition in 2008. 23 million Younger Voters went and cast their ballot. The vast majority of them went to barack bama. That is why he h
Down the correction has to go, how long it will take and exactly how many more people will be hurt in the process when the market decides, if it decides to turn around. That was then. Back to my hair now, what do you think . You think it cant happen now. You obviously forgotten bumps in the between. The crashette in 1989 triggered by a fail leveraged buyout. 9 11 that stopped trading for a week and brought an avalanche of sales and big sale orders when it did. Financial meltdown four years ago this very month and spurred computer driven trading snafus peppered in between this year. The issue isnt can we have another crash, th issue is how big when it comes. The dow sold off nearly a quarter of its value, wiped out in a single day. That would be the equivalent of the dow umbling more than 3000 points today. Still back in 1987 every major blip and bump since we always heard the same stock song and dance, didnt we. Cant happen again. Wont happen again. Too many protections now. The Circui
Third quarter Earnings Call is starting. Were on it. Well bring you every detail. Gouging calfornians at the gas pump. Stringent environmental regulations could be costing drivers big bucks here in the golden state. California governor gray davis is here with his take in a fox business exclusive. Even when they say its not it is always about money melissa first, take a look at the days market headlines. The bulls in full retreat. A wave of poor earnings reports trigger ad widespread selloff. The dow dove 243 points, its worse loss since june. All 10 s p 500 sectors closed in negative territory. The nasdaq fell below 3,000 for the First Time Since august 6th. Not good. They missed Third Quarter independent estimates and lowered full year outlook. Dupont announced a Restructuring Plan that would lay off 1500 employees. Yahoo was one of the markets few bright spots. Its shares lept 5 . Yahoo was stablized with higher revenue. Here is my plan for the next four years, education and training
Show. Tonight. John such a nasty word people say it caused by our financial problem. A lot of people in business are greedy but arent you . At abc a documentary on greed showing how it can be selfdestructive. To test peoples greed they put dollar bills in ballpark you canget as many for yourself but every 10 seconds if there is money left he will double it. John the game ends if they empty the bowl. What happens . They could have made more money if they left half of the bills but they did not work that out. Sally kohn is a liberal blocker writing about that attitude. I dont thinkreed is bad but what values do we hold alongside as a country . As a society . To balance out those impulses for the better good of everyone . John an eonomist from George Mason University thinks the government should but out except in foreseeing rule of law. Property rights constrain selfinterest. I dont like to 17. We are more self interested ourselves, our family, not about strangers. Every economy will be b