Reporter todd walker is a Longtime Community activist in oakland at the forefront in the fight to stop the violence among the citys youth and he is the uncle of the 14yearold High School Freshman shot and killed saturday as he walked down a fruitville street with two friends. Just a great kid. A great kid. Wonderful mother. Wonderful father. Just a nice, humble kid, loved to play sports. Reporter sunday night the spot where ellis was killed friends and family members gathered for a candlelight vigil. Just tragic. Know youre not gonna see him no more. Reporter devon har san is a classmate of ellis and teammate where he was a star Football Player and excellent student. No reason. I was just shocked. Why him . Reporter the mood at oakland tech is somber as students returned for the First Time Since ellis was gun downed just before 8 saturday night. At tech and ellis prior school mop terra middle school the district made sure there were grief counselors available for students and staff. Gi
Yield, no, we dont have negative rates the way they do in some places in this world, which still is an amazing thing but you dont get a lot when you loan your money to the u. S. Government for ten years 1. 863. The road map, megamerger kraft and heinz agreeing to merge with the help of Warren Buffett and most importantly 3g capital creating what will be the worlds fifth largest food and Beverage Company. I think Third Largest theyre saying in terms of Food Services or food products. Plus, dow futures pointing to a flat open this morning after an unexpected drop in durable goods for the sixth month in a row. Shares of merck, up in the premarket. Drugmaker announced it will increase its share of buyback by a significant amount this after good results yesterday on a potential melanoma treatment had the stock up. Start off with of course the heinz kraft deal. Unexpected deal structure, perhaps, for a name that has been rumored a bit. That is that heinz 3g Warren Buffett, are essentially ta
Numbers in weak. The stock having one of its worst days in years. Down about 27 , 26 today. This comes as jcpenney fires 2,000 workers and gets set to close 33 stores. The changing face of retail all across the usa. Will malls even exist in 20 years . And the imf chief christine leggard, a major serious warning about deflation. Not inflation. She says it could hit the Global Economy very hard, and central bankers dont really have all that many tools to fight it. Sue, whos always upbeat at the nyse on a bit of a down day. We try to be upbeat. Today down in the dow jones industrial. Checking markets now for you, the dow is down 74 points. At 16,407. The s p down 4 points on the trading day. 184433, last tick there. Nasdaq composite in the green fractionally trying to hold on to a gain. Tenyear note, yield now traded at 2. 84 . Comex gold up 2. 40 and brent crude last trade down a fraction. 107. 10. A big week for the banks. On tuesday, jpmorgan beating the street with q 4 eps 1. 40 versu
We reached out to yahoo for a statement. They said that de castro will be leaving effective thursday, january 16th, 2014. Jon erlichman joins us from la. This is someone that Marissa Mayer has known for a long time. She knew what she was getting. What went wrong . It has a lot to do with performance. In the world of sports, you see these highprofile signings and then the performance is not great. The coach has to say, do we sit the person or continue playing them just because they have a big pay package . The decision by Marissa Mayer was to say, i will go with the team that i have. Yahoos story has been one with a lot of positives. They have been red hot, Marissa Mayer have done a lot of interesting acquisitions. She has brought in fresh talent. They have brought in people like katie couric. They have a very valuable asset in ali baba. When you look at their online performance, you do not see a lot of change. When they last came out with their quarterly results, there was disappointme
Deficit is incredible intimidating to both home gamers and professionals alike. There seems to be two sides to every story. And the vast number of times in this market, the ugly side is taking precedence. Even as initially the Positive Side seems to be winning. These reverses were forward progress, doesnt matter, are shocking people and making so many investors rethink whether its even possible to make money in the market. At least at this very moment. First, let me just say, for now, the market is dominated by traders, particularly traders that believe the average has to fall, maybe 4 or 5 more before we get on even footing. That over arching view of the s p 500 in the market where futures and eft trading color everything is setting a tone. One thats got tremendous gravity because we could potentially get a hideous employment number in two days. Let me give you trade and true brutal numbers of what im talking about. Vicious stories from the front, okay . From the front lines. Where th