Here are the top stories we are watching ahead of the closing bell. President obama says the next round of talks with iran will require creative negotiations to reach a deal that has enforceable penalties if an agreement is violated. The president made those comments during a News Conference with the italian Prime Minister today. President obama our main concern is making sure if iran does not abide by its agreement that we do not have to jump through a bunch of hoops to reinstate sanctions. That is our main concern. I think that goal of having in reserve the possibility of putting back and applying forceful sanctions in the event of a violation, that goal can be met. Alix Deutsche Bank is considering a partial or full exit a Consumer Banking operations according to a person with knowledge of the matter. It could be announced as soon as this month. Another top story where watching, attorneys at the Justice Department antitrust division are said to be leaning against comcasts bid to buy
Oil under 40 bucks. Tenyear slipped below 1. 9 on a weak adp jobs number. Godaddy shares pricing above the expected range. Well talk to the ceo after the first trade. Simon properties withdrawing its offer for rival mall operator macerich after it gets rejected like we told you they would. Walmart Holding Investor Day at nyse putting pressure on suppliers joining the religious freedom debate. Futures are lower. Data from adp showing the private sector added 189,000 jobs last month, a miss. It was a mixed First Quarter for stocks. The nasdaq was the big winner up almost 3. 5 . S p up more than. 4 . Like the nasdaq posting its nintendo consecutive quarterly gain. The dow did finish the First Quarter in negative territory after the drop yesterday of 200 points. Earlier on squawk, sam zell believes stocks in fact overprized. Theres a significant and growing disparity between the stock market and the economy. Almost every company is turning in numbers that are less than expected. Revenue pa
Coming to facebook. What everyone is talking about, awards season in hollywood. Multimillion dollar marketing. Fashion police, high stakes. All for a gold statue. The oscars, march 2. We got the nominees this morning. Best performance by an actor in a supporting role. Bradley cooper and american hustle. The wolf of wall street. Jerrod l in dallas buyers club. Jennifer lawrence in american hustle. Best performance by an actress in a leading role, amy adams, kate blanchett, sandra bullock, judi dench. Best performance by an actor in a leading role, Christian Bale and american hustle. Matthew dicaprio, mcconaughey. Her,rican hustles, 12 years a slave. If anyone knows how to win an oscar, harvey weinstein. Behind the brother team the weinstein company. And won for kings speech Silver Linings playbook. Many say mandela was snubbed. Jon erlichman asked him how he felt about the chances. The awards are a way of getting publicity to the movies that deserve it. Tomorrow night, comic book movies
Headlines today. In washington with the food inflation conduct food inflation report, greg storz and paul sweeney are in new york as the high court dealt what may be a fatal blow to area arielle aereo. The Supreme Court decided today that theyve violated broadcasting copyright laws by taking the signals for free. The justices ruled against the barry diller backed internet startup. A triumph for broadcast , nbc,ies, including abc and cbs, who said that they were threatening the underpinnings of the industry by selling the programming online without licensing fees. Aereo sought to give consumers a new way to watch broadcast tv would do without urges and packages. Customers in 11 cities have been able to watch live and recorded broadcast programs or as little as eight dollars per month. In a statement after the decision the ceo said that the decision by the Supreme Court is a massive set act for the american consumer. He continued that they would continue to fight for their consumers and
Weakerthanexpected hiring. Twitter taking the street by surprise. Shares are soaring after the companys results were disclosed after the bell yesterday. Well dive deeper into those results as well. What a difference a quarter makes. The First Quarter comes in at 4 growth. A big rebound from the contraction of 2. 1 in q1. Adp says 218,000 private sector jobs have been added this month. The fed gets ready to wrap up its policy meeting. That Statement Due out at 2 00 p. M. Eastern time. Person consumption up 2. 5 . And the revision makes people think maybe it was a moderately bad quarter due to weather in q1. Yeah. You step back and youre looking at an economy that has defied a lot of expectations. Theres just a lot of people who keep getting it wrong. We had joe lavorgna got it right. Someone said this morning, someone got it right. Someone got it right. One guy this is the biggest economy in the one guy got it right. It speaks to whats going on in the stock market, though. This is there