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June 19, 2024
This is real money. You are the most important part of the show. Jour our live conversation on twitter. Americas job market got off to a slow start this new year. Just 113,000 net new jobs were added to the economy last month. A whole lot less than the 194,000 Monthly Average we saw for all of 2013. Many economists say we need 150 to 200,000 net new jobs a month to keep up with the number of new workingage people who enter the economy. Let me put it this way more people reach working age each mo...
June 19, 2024
The Super Bowl Ad that wasnt. A commercial that gets under the skin of the n. F. L. Week. Egypt is in the midst of a selfdeclared war on terror, a Political Party that eight months ago was the elected government has since been branded a terror group and there seems to be nor mittens ground in this debate. He job descriptions are for the Security Solution or they are considered to be with the terrorists, the muslim brotherhood. Since the middle ground is where news organizations are supposed to o...
June 19, 2024
Charlie rose, syrians president bashar assad denied he had anything to do with the chemical weapons attack that happened. Well talk to john harwood and politicos ben white. We also have some corporate news. Nieman marcus in talks to be bought with the canadian pension Investment Board for more than 6 million. The wall street journal says theyre trying to finalize a deal. The talks could fall apart. The company filed for an ipo in late june. Some of the sources ive heard of and talked to, this de...
June 19, 2024
The Super Bowl Ad that wasnt. A commercial that gets under the skin of the n. F. L. Week. Egypt is in the midst of a selfdeclared war on terror, a Political Party that eight months ago was the elected government has since been branded a terror group and there seems to be nor mittens ground in this debate. He job descriptions are for the Security Solution or they are considered to be with the terrorists, the muslim brotherhood. Since the middle ground is where news organizations are supposed to o...
June 19, 2024
Ahead, those small and midsized stocks there. Liz here is a look at the front page headlines. Commerce department as david mentioned retail sales, they did rise. It was not a contraction. It rose 4 1 2 . But it was weaker than economists expected. There was a bright spot. 04 . Auto sales rose. Chinese executives are accusing executives from blacks grabs bribing, government officials, medical associations and to bolster drug sales in that country. The company is aware of the allegations and it wi...
June 19, 2024
Officials are saying it will not be as damaging as back in 2010. The fire is located just 150 miles from that bp oil spill where that happened. Connell the rig operator is hercules offshore. The stock price today is down by a little more than 4 . Dagen phil flynn is in the pits of the cmb with more on this. It has backed off. As far as the Market Impact of this particular blowout right now, it is not that much. This particular well was not in production. We had this rig getting ready to prepare ...
June 19, 2024
Dagen i love you to a baseball interviews because you love it so much. Connell lets go to nicole petallides. Nicole i love the markets. The Dow Jones Industrials down about 23 points. Number one, the market is overbought here in the near term. Three straight weeks of gains. Also there is a wait and see mode. We will get that testimony. A couple of things also worth noting as we see the dow down 22 points, how that plays into the feds cards. The lowest in two years. You have gotten in earnings. N...
June 19, 2024
They will be the Worlds Largest Marketing Group by revenues. Under structure they will retain headquarters in paris and new york and plus a Euronext Paris listing as well. David perrigo in the United States has agreed to buy irish drug company elan for 8. 6 billion. Guess, u. S. Company is going to ireland because they have lower taxes. The deal isnt expected to close until the end of the year. Liz want a job. Maybe amazon will hire you. They plan to add 7,000 jobs to meet rising demand. The com...
June 19, 2024
Muslim brotherhood from power and mr. Obamas president of choice, mohamed morsi. The violent and deadly clashes between the militaryrun government and Muslim Brotherhood and, in fact, have backed protest to the wall and they are responding. Continuing with violence and all likelihood this friday when morsi supporters reportedly will conduct what they call a day of martyrs. And no relief for president obama in syria either. Assad Opposition Forces claiming more than 1,000 civilians were killed ai...
June 19, 2024
Drugmakers. Pfizer and merck. Big pharma is something to watch during this earnings season. Lipitor sales are out patents. As they lose the patent, they lose some of the money. Adam that is something we can talk about another day. Right now, oil has been falling below 104. Phil flynn is in the trading pits of the cme. New numbers show that u. S. Demand for oil is actually slowing down. The selling is actually picking up; right . I think so. Refinery runs are well above normal for this time of ye...