Page 2 - James Ramelli News Today

Goggles. That stock dropped 4. 51 cents. Bank of america will pay 9. 3 billion dollar to settlement with fannie mae and freddie mac over mortgage losses and stock tumble on worries about russia as well as an options short play predicting a large down move in the s p by mid may. Stocks sold off along with gold as oil rose above 100. Lets say good morning to todd horwitz of average joe options, hello whats up angie. So tell me what happened to king digital and candy crush getting crushed in the ma...

The market was mildly mixed on the first day of may. The dow pulled back 22 points, the nasdaq up by 12 points as tech momentum stocks such as facebook rallied. The s p was unchanged. Gold lost 10 dollars and oil edged down 51 cents. Linkedin posts a loss. Shares fell after the close as the social Media Company failed to turn the profit. And, gm will be in Bankruptcy Court today. The hearing will focus on old gms liability over the ignitionswitch issue. Gm is requesting a voluntary halt to lawsu...

The midst of a new review of its safety standards. And, Hewlett Packard could cut an additional16,000 jobs the tech company is already slated to slice 34,000. Hpq also reported an earnings forecast that fell shy of analst views. And our trader talk on this friday morning, James Ramelli of keene of the market. Com joins us and james. Its going to be an interesting trade today the market is closed on mondays. So what will be your trade of the day . My trade of the day might be no trade. This has b...

Finishing at 99dollars38 cents a barrel. The search continues for more than a hundred people missing after a mudslide destroyed a fishing Village North of seattle, washington. Eight people were killed when the slide, 15feet deep in places struck, saturday morning. President obama is in europe meeting with leaders of the group of seven, thats the g8 without russia. They may step up economic sanctions against russia for its annexation of the crimean peninsula. And disney is paying 950 Million Doll...

The weight of sell of in cisco ahead of earnings. Gold lost 2 dollars. Oil rallied 1. 37. Its ibm s analyst day. The ceo rinni rommety could face a tough crowd as she attempts to revamp the company. Hertz car and rental company is requesting extra time to file its quarterly report, because of errors and, there may be some fallout today from a chicago air scare. Flights in out of midway and ohare were halted after smoke from a faulty ventilation fan at a radar facility. Trader larry shover of sfg...

500 the blue chips pulled back 40 points. The nasdaq gained 5 and the s p fell 4. Gold continues to gain momentum. Yesterday futures rushed up 58. Oil fell back abother 1. 85. Meanwhile Mortgage Rates tumble. Now that the Federal Reserve plans to continue taking measures to stimulate the economy the 30 year fixed is averaging 4. 5 the 15 year is 3. 54 . And words of wisdom for wall street are coming from billionaire investor Warren Buffett and bank of america ceo brian moynihan. Buffett tells cn...

President obama will speak to members of the un today. He will likely seek diplomacy in the syria situation. The presdient of iran will also be speaking. The Chicago Tribune reports citigroup is cutting 1,000 mortgage jobs. And chrysler has filed for an ipo. The company is partially owned by fiat. Lets get the ball rolling this morning with Michael Gurka of spectrum asset management. He s on the floor of cme group. Good morning micheal, its been a while. Good morning. What do you think is behind...

Out this morning. The market predicts 163,000 jobs were added to payrolls and the Unemployment Rate will remain unchanged at 6. 6 ahead of the news there were more buyers than sellers on wall street. The dow added on 62 points, the nasdaq lost 6 and the s p closed up 3 to an all time high of 1877. Thats the 50th record in the past year. The wall street journal reports cerberus has reached a preliminary agreement to buy Supermarket Chain safeway for 9 billion. The deals value is 40 dollars per sh...

Good to see you both. See you later. 15 seconds left heading towards the close, off the highs of the day but a new fiveyear high for the dow and we wait for apple an netflix numbers. We get those numbers right here on the second hour of the closing bell. Welcome to the closing bell. Im Michelle Carusocabrera in for Maria Bartiromo who is on assignment from davos, switzerland. Bill griffith will rejoin me in just a moment. The dow closing at another fiveyear high. Another within 400 points of an ...

2012. Its due in part to a breakout above 450 in apple. In other market action, the dow and the s p stayed near the flat line as Traders Await the Federal Reserve meeting that gets underway today. Gold pulled back 4 and oil lost 1. 45. Jc penneys backtoschool traffic is picking up at least on its website. According to a research firm, jcp is number 2, behind walmart, in traffic on its site featuring backtoschool items. And Community Health systems heals a deal by paying 3. 9 billion to acquire H...