Transcripts for CNN Early Start 20140117 10:57:00 : vimarsan

CNN Early Start January 17, 2014 10:57:00

welcome back to "early start." it's "money time," friday edition. we've got stock futures higher this morning, rebounding after markets were hit by weak earnings from electronics retailer best buy and underwhelming results from citigroup. the dow industrials closing down nearly 65 points, the s&p down a little bit after a record close the day before. the nasdaq edging higher. here in the u.s., shares of intel are down 4.5% in premarket trading. the world's largest chipmaker says last night it expects revenue growth flat in the year, something that surprised wall street. intel said it overestimated the amount of spending by companies on things like new pcs. and it was a party in an apple store in beijing this morning. apple's ceo, tim cook, helping kick off the first day that iphones would be sold through china mobile. china mobile is the world's largest wireless carrier, boasting a customer base twice the size of the entire u.s. population. it took apple six years to negotiate this deal.

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