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Good evening, scott is off tonight, im jeff glor. The helicopters cant fly and the divers cant go in the water. Heavy storms over the java sea have prevented a closer search for air asia flight 8501. Relatives have jammed a Crisis Center in indonesia desperate for word. Hundreds took part in a candlelight vigil. Allen pizzey begins our coverage in surabaya. Reporter wooden coffins, simply numbers 1 and 2 brought the first bodies back to the airport from where the doomed flight took off. They were identified only as a woman wearing blue jeans and a boy four and a half feet tall. The recovery ef...

Shares down despite forecasts beating figures. Analyst caution the Smartphone Market is saturated. The ceo tells us there is Growth Potential elsewhere. Even in the lowend smartphone, theres the low end opportunity for many components. And we see generally that growth of low end and entry level phones. And apple is looking at the next shot in the tablet wars today, expected to unveil new ipad devices, big and small. Plus, seg gets a billionaire boost. Bill gates buys a stake. Now the second biggest now the second biggest shareholder in the company. Hello and welcome to this jobs tuesday. You k...

Not worse, and yet on the day when the dow tumbled 167 points, the s p plunged. Nasdaq came in at 1. 16 . The only bright spots were the stocks that go up when were about to go into a recession. Now, i dont even think thats a possibility. No. No, no retail sales are too strong, Consumer Confidence too high. Home sales are not bad, car sales are amazingly strong, employment is growing, albeit slowly, but not so slowly that wield think about a recession. Nevertheless, this is a stock thats now marching to the tune of a selloff, not just in the highfliers, but in the industrials, too and those ha...

Weve got to ask yourselves, what continues to propel the bull . I got one for you. How about a stock shortage . How about a supply demand imbalance across multiple sectors of this market . Ive got three different examples of stock shortages that i think can put this particular part of the rally in perspective. The first, its one of the Largest Companies on earth. Its exxon which vaulted 1. 91 today. How in heavens did exxon one of the Largest Companies rally like a small capitalization stock . How did this happen . First, exxons a changed company. After not growing much at all for the last sev...

Nasdaq jumping. 71 . Weve got to ask yourselves, what continues to propel the bull . I got one for you. How about a stock shortage . How about a supply demand imbalance across multiple sectors of this market . Ive got three different examples of stock shortages that i think can put this particular part of the rally in perspective. The first, its one of the Largest Companies on earth. Its exxon, which vaulted 1. 91 today. How in heavens name can exxon, one of the Largest Companies rally like a small capitalization stock . How did this happen . First, exxons a changed company. After not growing ...