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June 21, 2024
Profit that Beat Estimates. The world passes largest retailer in the u. S. Raised its fullyear forecast. We will talk about what this means for housing and the u. S. Economy later in the program. And Standard Chartered is settling claims of new york regulators over failure to flag potential Money Laundering of its clients. It may have to pay 300 million and will likely once again get a stern talking to. Lets get back to bhps spinoff announcement. We are joined with details. Tell us about the big...
June 21, 2024
The u. K. Joins the u. S. The World Health Organization warns the disease is now entrenched in west africa. For, a stork breakthrough the party with its first elected parliamentary seat. Welcome to countdown. Coming up today is exclusive interview with eu commissioner. He was live from berlin. Mario draghi is in washington. He is renewing his vow that he will combat deflation in the eurozone. We are accountable to the european people for delivering priced stability price stability, which means l...
June 21, 2024
Challenges to the country. The president called him a steady hand at the Defense Department during the time of transition. He has yet to name a replacement. Is delaying aggressive plans to expand into five more countries this year. To the viceng president hugo barra. The smartphone maker has been in talks about boosting production of their lowcost devices for markets like india and brazil. Considerny may also manufacturing in indonesia. Espn says the red sox have an agreement in place to bring f...
June 21, 2024
At the white house feels that the only way they can get a bill is to go along with this. Reasonuld be the only they would sign such a bill that would weaken a critical component of Financial System reform. The senate could pass the bill as soon as today or over the weekend. He price of oil keeps plunging oil closed below 60 per barrel yesterday, for the First Time Since july, 2009, when prices as 58. 80. Ow iaea says supply from nonopec producers will be bigger. Opec decided against reducing out...
June 21, 2024
Cannot be allowed to redraw the map of europe. That is exactly what they are doing. Those talks in moscow said to begin at 1030 eastern time. Oil is now headed for the biggest twoweek gain in 17 years. Brent crude is up 9 this week after rising more than 8 last week. West texas intermediate up 4 today to over 52 a barrel. We are less than 30 minutes away from the january jobs report. According to economist employees added 230,000 jobs last month. Radioshack has turned rumor into reality. The Con...
June 21, 2024
President obama and chinas xi jinping reach a deal on climate change. Lets update you on the banks charges as we just head to the top of the headlines the uk levied fines against ubs, jp morgan chase, citigroup, rbs, hsbc and barclays. As you can see, the stocks in general off, but only off slightly. Barclays is not included in the fines as it was working with the fda on an fx settlement. Sources told cnbc it pulled out after issues with the u. S. Regulators. Thats why the u. S. Regulators are h...
June 21, 2024
Throughout. Tom lee said himself, the financials, the idea that were out with some of those, that sounds like great news to him. Its something theyre going to be covering in squawk on the street right now. Expired, by which the underwriters can start saying what they think. And guess what eric schmidt thinks is the companys biggest rival when it comes to search. The answer may surprise you. Got his attention. A big day for Bank Earnings. Jpmorgan chase posting a Third Quarter earnings miss. Reve...
June 21, 2024
Power over fiscal policy in individual states. Air france klm is one of the worst performing stocks in europe after the carrier strikes force to issue a profit warnings. Tesco is upgraded by hsbc, sending its share price over 3 higher. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And as we said at the top there, were at a 1 1 2 month low in European Equity markets. The stoxx 600 is off 0. 5 today. The stoxx 50 off a similar amount well, actually,...
June 21, 2024
Jobs number friday. Markets slipping after weak overnight data. Present hitting new fiveyear low. The dow as we said within nine points of 18,000 and retreating today. Merck buying cubist more than 18 billion and cash. Comments late in the hour. Mcdonalds delivers another weak number. Sales missed the street, down 2. 2 worldwide. More than that in the United States. Well get to all of that later on. But first up, dow and s p, each posting a sevenweek winning streak since late november of last ye...
June 21, 2024
York. Lets take a look at new york city itself. Temperatures right now, 49 degrees. You might say how is it going to snow . Trust uts, it will happen later this afternoon. It will be snowing at 37 degrees. That can happen in the atmosphere. Were in the 1 to 3 inches range here. Heading out to long island, less than an inch there. Were looking at 5 to 8 inches of snow. Thats the case in other major cities, as well. Washington, d. C. And the 1 to 3 inch rain. The general rule here is 95 is going t...