Page 30 - David Tepper News Today

We have all that and more tonight on nightly Business Report for thursday, may 15th. Good evening, everyone, it is an evening for your beverage of choice. If you own stocks, the funds that invest in them, japan, europe, here, everywhere you turn investors were selling shares today. At one point the russell 2,000 index of smaller u. S. Stocks dipped into correction territory off 10 from recent highs. And unlike the recent indexes, it managed to end off its lows but there was lots of damage done n...

Including the Worlds Largest retailer, walmart. That report is expected at 7 00 a. M. Eastern time. Kohls expected to report. After the closing bell this afternoon, we hear from troubled retailer, jcpenney. Right now we see the Dow Jones Industrial average basically open flat. The tenyearyearolds, this is such a big focus. 2. 53 . Were looking at multimonth low there. Again, the mystery remains, why is it so let that chart up. Weve been talking about. You can remember, i really initially in febr...

For the time being. Our road map with the markets under continuing pressure after logging their worst day in more than a month yesterday. Jc penney reporting a smaller than expected First Quarter loss and nordstrom reporting a better than expected firstquarter profit. The seafood lover darden selling red lobster to Golden Gate Capital for 2. 1 billion in cash. A whale tale, the money swimming into verizon. Well explain that later on. All right. Futures as you said, you saw relatively stable afte...

Something slightly different and art cashin takes issue with all of that. All kinds of reasons why were selling off here. Kenny polcari is already shaking his heads. Weve got investing legend bill miller coming up, bullish last month when he was on this show, so has that changed . We will find out when we ask him next hour. Gee whiz technology for you as well, a usb port for your iphone and ipad, not exactly, but the maker of this device were going to show you says his invention will serve that ...

Following the soma mine collapse, the countrys worst ever industrial disaster. Death toll now sitting at 282. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. A warm welcome to todays edition of Worldwide Exchange. We focus on the gdp numbers. Were getting the latest data out of italy. Were trying to bring that to you. Gdp contracting down 1 on the quarter. It was forecast to up up 0. 2 . The drop driven by the industry secretarier. The italy Service Sector gr...

3. 2 . Our road map begins with a 7,000 fine, every single day, thats what gm is paying because the Company Still has not provided enough answers about its ignition switch recall. Its not the only bad headline for gm this morning. More on that. Earnings season is officially under way after alcoa reported its results after the bell. What can the aluminum maker tell us about the rest of the quarter . We will have some answers. Instead of running from facebook, companies are willing to pay a lot mo...

Be as concerned as he is . You want a clear sign of fair, check out the 10 year benchmark low. Dropping to seven month lows, fear money moving out of bonds to equity, moving below 2. 5 the yield. Whats causing it . The three big reasons why the yields are falling. And fears about walmart. Sue is here in the house at cnbc headquarters. Welcome, sue. Good to see you. Good to see you, too. A big down day. We are off our worse levels of the day but not all thatinch. Dow jones industrial average off ...

Technical analysis on wall street, and hes still very bearish on the small caps and the technology. Hes been forecasting a 25 decline for the russell and the nasdaq, what hes calling a stealth bear market right now. 1080, that was the level we were watching on that russell indebt. We held that. Today were rebounding. Well see what he has to say. Separate lit Obama Administration going on the offense against a Cyber Security scuffle, actually filing criminal charges against chinese officials, but...

In the meantime, we have the latest economic data. The latest of the services economy. Scarlet fu in the newsroom. Like services industry. I have some jumping unexpectedly to 59. 6. Looking for a read of 59. 7, which would have marked a decline from the previous month. If the 9. 6. So this read of 59. 7 is the since august 2005. It looks like the Service Industry is expanding at the fastest pace in nine years. When it comes to market impact, not much of one. Higher in terms of equity prices. Job...

The state of the American Housing market. First, though, to sue whos here at cnbc headquarters because the traffic was so bad in the city. It is really awful out there today, ty. I had to turn around and come right back. Were going to talk stocks which are marching to new record highs. Growth in the u. S. Services sector surging to a nineyear peak. Europe announcing a big stimulus plan to revive that region. Major ramifications with that move. So lets take a look at how things are faring right n...