Page 49 - John Chambers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

S p back 7. 2 . At jim query, would you buy amazon here . My quick response, two very different questions, yes and no. Thats right. Yes, i would buy amazon. No, its not worth 400. Welcome to the world of bull market discipline. The discipline to buy stocks that arent cheap but are right. A discipline that will be tested in the next few days. At last because of todays last hour 7 selloff sell, sell, sell that shook people out of their complacency. Im talking about the rigger to recognize what the market actually wants, though, not necessarily what you want. The dichotomy says you would rather h...

Mission critical rise above d. C. Welcome back to our continuing coverage, Mission Critical rise above d. C. Weve been here all morning long. While weve been here on capitol hill, weve been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. In the last hour we sat down with Grover Norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. He also added he thinks House Speaker boehner has been a good leader during the fiscal cliff negotiations. And then we were joined by bob corke...

S p 500 also at a new ale time high of 1781, up 14. 25 points. The dow and s p closing at alltime highs. Bob, this meltup keeps happening. Dow jones industrial average, we were weak throughout the morning. Frankly going into european close around noon it started lifting. Not a lot of big macro news out there but Janet Yellens testimony tomorrow creating considerable question. May be more dovish than some anticipated. We dont have that testimony yet, but that was a source of a lot of speculation today. A lot of groups that have beaten up, moved to the upside. Good news on the fundamentals on re...

Testimony tomorrow. This retail story is interesting. Jcpenney beating on the upside, macys. Also cisco, earnings are due out one hour from now. Well talk to the ceo, John Chambers, joining me exclusively before he meets with analysts. Ciscos spending and the global economy. Youll get it here first. While the stock market enters an allnear high, the bit coin continues to set new records. What would a day be without a bitcoin story. Its around 40 0. Reports are china is helping to fuel this phenomenon, whatever the phenomenon is. The answer is is why theyre increasing demand. The answer to the ...

Europe meantime seeing relief after that tough session on yesterday. We begin with fed chair nominee Janet Yellens confirmation hearings today. Cisco reports First Quarter sales fall about 300 million short of consensus and warns week emerging market demand could suppress Second Quarter revenues as well. And jpmorgan cancels a twitter q a with a top banker after being flooded with insulting questions. First up, when janet yellen appears before the Senate Banking committee, shes expected to defend the easing strategy. She says a strong recovery will ultimately enable the fed to reduce its monet...