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The United States triple a status could be soon be downgraded because of the debt ceiling gridlock. Stock were on a roll but stumbled yesterday after the house the dow fell 133 points, the nasdaq 21 and s p slipped 12. Gold edged up 3 and oil down a buck 49. In earnings after hours intel beat wall street estimates but failed to confirm growth in the 4th quarter. Yahoo topped earnings by a penny on revenue that was just barely shy of expecations. A Financial Times report says amazon is creating a smartphone with htc. And twitter chooses the New York Stock Exchange over the nasdaq for its ipo. Alan knuckman of trading advantage joins us now. Alan, you are watching the d. C. Drama. Good morning to you. What does the market think . Actually thats the only thing we want to focus on. Focus on what the markets telling ....
This is kpix 5 news. Breaking news, we just learned there will be no bart strike tomorrow. Why hundreds of thousands of commuters have this man and a trip to disney land to thank. Lets get right to Christin Ayers who is outside the negotiations tonight. Christin . Yeah, the federal mediator coming out of a long day of negotiations in the building behind me a short time ago to let us know the trains will indeed run tomorrow. Weve learned the talks will also continue tonight, and they will keep going possibly into the Early Morning as they did yesterday. What is still unclear is whether that means the strike deadline has been extended to tomorrow or whether striking is even off the table. We really dont know. The federal mediator would not answer questions about that. We are intimately involved in the negotiation process. Were devoting all our efforts and energy to achieve an ag ....
Few feathers, and i dont mean on daffy duck. The unions have said they dont like dealing with him so it is not surprising these past couple days have gone smoother. They should take advantage that he is not here and maybe we can get to a deal. Reporter both sides have been singing the praises of the three mediators who are here including george h. Cohen. He has been in talks with pro football, fee basketball, and pro hockey. Hopefully they will make a difference. At this point, i still cannot tell you whether we will have a strike tomorrow or not. Brian webb kpix 5. Brian, thank you for that. We will check back later. As we have been reporting night after night, people are down right angry about all this. As allen martin shows us, even those wideep connections, there is no denying that. Reporter we spoke with a former member of the b. A. R. T board of directors. While the two may not see cry to eye, they certainly see problems. The angst this is causing, the anger. And it is not the fi ....
Thank you. Candy . Geoff certainly. [laughter] craig good night, everybody. Captioned by the National Captioning Institute www. Ncicap. Org ,,,,,,, this is kpix 5 news. Breaking news, we just learned there will be no bart strike tomorrow. Why hundreds of thousands of commuters have this man and a trip to disney land to thank. Lets get right to Christin Ayers who is outside the negotiations tonight. Christin . Yeah, the federal mediator coming out of a long day of negotiations in the building behind me a short time ago to let us know the trains will indeed run tomorrow. Weve learned the talks will also continue tonight, and they will keep going possibly into the Early Morning as they did yesterday. What is still unclear is whether that means the strike deadline has been extended to tomorrow or whether striki ....
Was put on bloomberg television. Im Erik Schatzker. It, awill get right into big morning. Excited about our guest host, lets get started. President and ceo of sprint. You were the man responsible last year for getting a deal with softbank come how is it going . It is going well. The week ago we announced results and stock was up 11 on the day and 18 over the last week. We had our best Net Operating Income number in the last seven years. 11 quarters in a row of beating on ebitda. Our subscriber numbers could be better, we are reengineering our network. What has the softbank do thatp allowed you to you could not have done before. What is it going to enable you to do in the future that you were not able to do . Longterm. Re on the this big network, sprint spark, it will take time and money to do it right. We can take a longerterm perspective. You have an 80 investor who wa ....