Live Breaking News & Updates on Discretionary Services|Page 3
Stay updated with breaking news from Discretionary services. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Hour. Anything kand often does happen in the last hour of trades. Stay with us. Well bring you all the details as they play out. It will been exciting close. Joining us ken mahoney, joe hider, Steven Parker of jpmorgan and lynn siindsey bell and our own rick santelli. Weve seen a growth bid this week. I have been talking about it all day. Consumer discretionary, tech materials. Is this finally the year for growth . Its been dzefensive for a while now . I think its a great sign for the market. Last year was a tentative rally. We saw things like utilities and staples leading. As yields were coming down investors were looking for other sources of income. What weve seen over the last couple week those cyclical name, the tech names, Consumer Discretionary names are starting to catch that bid and thats a positive sign. Is this normal for this stage of a recovery . Were in ye ....
You can continue the conversation on twitter as well. You can send us an email as well. And are some of the stories how they are playing this week. Here is usa today. Fires andure of the california. 100 of the state of california is in danger of fire. The lead story is about the Net Neutrality vote at the fcc yesterday. Battle for the internet begins is the headline. They lead with Eric Shin Seki up on capitol hill. He is grilled over care. The New York Times leads with quiet unrestrkers in cities in east ukraine. Thousands of Steel Workers fanned out on thursday, establishing control over the program and militants who until recently had seemed to be consolidating their grip on power. By late thursday, minors and steelworkers had deployed and at least five cities, in ....
Beijing. In the earl will i trading in europe, you can see some green arrows. Modest advances. Everything below half percent increase. Germany looks like its the best performers up by close to half a percent. Hope you had a great weekend. Among our top stories, were talking this morning a lot about former treasury secretary tim geithner. Hes joining warburn pincus. Hes been a distinguished fellow. Hes conducted a series of seminars across the country. Hes in the process of writing a book. Well talk more about the story with politicos ben white in just a few minutes. Jpmorgan agreeing to pay 4. 5 million to settle claims for people who lost money on mortgagebacked securities. The bank reached that with 21 Institutional Investors and security trusts issued by jpmorgan and bear stearns which they acquired. Washington mutual which jpmorgan acquired and we should note that this deal is separate from the preliminary 13 billion ....
Profits at ubs stronger than analysts have been expecting. Analysts paying attention to questions hanging over the bank. Ubs has closed u. S. Probes into its dark pool alternative trading system. The companies cfo will join us live at 7 00 a. M. Eastern time. Meantime, bp posting a big jump in its quarterly profits driven by Strong Production numbers. However, the oil giant is warning further western sanctions on russia might hurt its business there. Bp makes about a third of its crude oil output in russia. It is the single largest Foreign Investors in that country for its nearly 20 stake in state oil companies. And eu leaders are meeting to debate economic sanctions against russia. A new list of putin associations and businesses that will face tougher measures is expected tomorrow. Lets talk about a bit of other corporate news. U. S. Investors are knew suing barclays. ....
Again, assuming change like the cbo option, they are the retirees immediately feel the impact of that premium increase. So what would they do . If i were one of them and i had an alternative option to pursue, alternative coverage option, i would do that, adding adverse selections to what is already a highcost option because adverse selection has been going on. So you could predict access only plans would be unraveling as these changes come about. And then finally i mentioned a minute ago just in passing, and i can elaborate in the q a that you could engineer a lower spending limit and still not safe employers money if you dont count toward the beneficiaries spending limit under medicare the amount that the employer or the union plan pays. So if you do that, and i am a retiree, im ask myself, well, gee, why should i continue paying a premium. Before him have been out of pocket limit under the employer plan but now i can get it under medicare. Why do i need to keep paying that premium . ....