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June 19, 2024
Safer so this was the scene of the crime. Irving picard gave us a tour of Bernie Madoffs 19thfloor offices, an impressive landscape emptiness. His desk was here. Safer picard has the thankless task of finding the money, the billions that madoff scammed. watch ticking Arlan Galbraith who called himself the pigeon king convinced hundreds of american and Canadian Farmers there was good money to be made raising the birds for food. And everybody we talked to said this guy washe was on the up and up. ...
June 19, 2024
See there. 2. 71 . Yeah. Lets move on to europe. Second quarter gdp data indicating eurozone emerge by recession. In and also some growth in france. And that gets us to our road map which starts with a rare miss for macys. Shares of the Department Store are falling in the premarket. The ceo says consumer are worried about the uncertain economic environment. Apple still getting the icahn burp thmp this morning. Carl icahn tweeted he bought a stake in the tech giants. And strength on the farm. Dee...
June 19, 2024
People are looking for any comments on what is going on with the criminal probe in mexico. Also, one piece of data on Economic Data today. The retail sales report from march is due out at 8 30 a. M. Eastern time. And economists expect the rise of. 8 following 8. 3 advance in february. Thats the corporate news. I think our good friend Michelle Carusocabrera, even though shes here we have more on the international news. A deadline for prorussian militants have come and gone four hours ago. As a re...
June 19, 2024
Checked. Lets take a look and see if that still holds. Yes, it does. Not significant declines but declines nonetheless across the board. As for asia and japan, japanese gdp it did pressure the nikkei there to the tune of 4. 7 . The Chinese Government offering financial stimulus to towns to maintain economic growth. Signs of life there in the chinese economy. Lets get to our road map this morning. That does start with the s p. Which is sitting just under the key technical level of 1700 but settin...
June 19, 2024
3. 25. S p gives up about five points, 1762. Battling back from lows. How much did that report burning up cnbc. Com right now about the fed keeping rates so low throughout the decade. How much did that play into todays action . I think it might have helped. I think the big story is the ism Services Number that came in better than expected. It was a good news, great report, better than expected but revived concerns about the fed potentially beginning its tapering program earlier than expected. Yo...
June 19, 2024
Ground in massachusetts. Andrew, over to you. Thank you, beck. Its a horrible story. Earlier he spent 88 million buying out the other half of the philadelphia inquirer. His son will now join the board, but other Corporate News this morning. Apple kicking off the Worldwide Developers conference happening today in San Francisco. Ceo tim cook promised the company will enter new product categories this year. Thats what hes been telling everybody. Among the announcements expected from apple are this....
June 19, 2024
This week. Several big consumers names reporting betterthanexpected results. Find out what it means for spending ahead of the Holiday Season. Hey, were just two days away from that twitter ipo. Bet you havent heard that before. Find out why the head of nyse said not every ipo goes to the moon. And apple has tripled the number since last years launch. Tmobile posting a rise in q3 revenues as the company added more than a million customers in the period. Got to start with kors. 71 cents, beats by ...
June 19, 2024
Well bring you the latest on where things stand on that. And america loves apple again. Huge sales of the this weekend of the iphone 5s and the 5c. How did wall street get this one so wrong . The stock is up more than 4 since the september unveil of that product and up 8 in just the past week. Sue, meanwhile, is at the nyse and lets check in with here. Good to see you. Noticeably Stronger Security today because of the breaking news we start with from kenya. The kenyan army is attacking terrorist...
June 19, 2024
Month of may in seven years. What does that say about the state of americas of discovery . It may not be as clear cut as it may seem. Stay tuned to a special report behind those numbers. Love that story. Another botch by bank of america. This time sending the wrong data to regulators making its private stock Trading Platform look larger than it actually is. This error coming a month after making a mistake in its stress test numbers that. Resulted in the banks suspending a planned dividend hike. ...
June 19, 2024
Chine chinese manufacturing pmi. Angela merkel wins a third tern as german chancellor. Some manufacturing numbers with weak. Apple selling a Record Number of its new iphones, recording that 200 million devices are now running ios 7. Leadership here and abroad changes the dow with the addition of nike, visa and goldman sachs. In germany, no change as chancellor Angela Merkel wins election shares of blackberry slipping. They expect a nearly 1 million dollop per rating loss will cut some of its wor...