Page 15 - Wide Program News Today

Philly fed survey and the National Association of home builders. Friday, Housing Starts, productivity and cost and consumer sentiment. The equity picture this morning at least ahead of all that not looking too great. Dow futures 77 points below fair value. The s p is off 10. And this is coming after the dow last week was down for the first time in seven weeks, when you look at the major average for what was happening. A little bit of rockiness out there after a long, steady climb higher. In Glob...

Buzzing about carl icahn, eyeing apple as his next target. Bob, whats going on . Reporter it was a very interesting new world tweeting out positions like this. Lets look at apple, folks. 33 million shares . I looked at that and blinked, because normally apple does 10 million. Three times the normal. The tweets carl icahn sent out. We currently have a large position in apple. We believe the company to be extremely undervalued. Spoke to tim cook today. More to come. Well, there was more to come. T...

Positive. Ill point out this is an expiration day. Anything can happen during the last hour of trade on an expiration day. But before this, the dow is in jeopardy of having its worst week of the year. Were down about 2. 1 going into the day. If we finish below 15,095, that would make us the worst week of the year. And we are well, were above that right now. Ive got to tell you, bill, it feels like the quietest expiration friday weve seen in a long time. It does. I said to art, what if they held ...

The crash of a ups cargo plane in alabama. New information coming out throughout the day. The very latest, plus fire sweeping through parts of iota including around several bigname ski areas. They are being threatened right now. Well tell you about that, but, first, to sue at the new york Stock Exchange. Good to see you, ty. Well start with the markets right now. A down day right here on the floor of the nyse. The Dow Jones Industrial average is off 93 points, twothirds of a percent. The s p is ...

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...

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...

Setting up for pretty nasty open. At least if youre long at this point. Look at the tenyear. Thats become an important oh, its always important but its become perhaps important again to whats going on in terms of trading and the view of the overall equity markets rising to twoyear highs after weekly jobless claims fell to levels not seen since october of 07. Yes that is a good thing. In fact, you could argue thats even a good thing, too. Lets get to the road map. It starts with the major indices...

250 points shy of that level. Still, though, only a couple of Percentage Points in the grand scheme of things. Yeah, bob, its one of the days when the averages dont tell the things. We had mergers. We had more earnings. We had a lot of storied stocks to talk about today. Reporter yeah, considering nobody cares about apple, its supported in the nasdaq, and its the reason we outperformed. Weve been in the narrow range. Look, were 1,580 or 1,680, put up the s p, essentially a month now. What will b...

And, a band called heartbeat young israeli and palestinian musicians together convinced that music can help bring peace. Welcome. Im bob abernethy. Its good to have you with us. Major religious groups continued their strong opposition to the requirement that employers provide free contraception Insurance Coverage under the new healthcare law. The administration has made changes to the policy to try to accommodate religious objections but a broad coalition, including members of the us conference ...

Review that this body be created and thats what lead to f. I dont know of a kind of holistic review that has been done since then. One thing to note g both is a critical piece but not the only one. Its the place with citizens provide indepth detail of the bond programs but on top of that we have commissions responsible for bonds, so the Health Commission has regular meetings about the progress on the hospital bonds and others on other bonds and of course the board and the mayors involvement so t...