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Transcripts For FBC Markets Now 20130114

Dagen and connell it is yours. Dagen thank you very much. Will that topic come up this hour because the president is set to speak at the white house . Maybe he will hit republicans over the head with his reasons for raising our Borrowing Limit in this country. Connell thats expected to be the main focus. We will see. We have other big stories today, including apple. Stocks on sale getting hammered on word the company is ordering fewer iphone parts, not enough demand apparently for the iphone. Dagen lets look at that stock among others. Nicole petallides is on the floor at the New York Stock Exchange with more on apples stock. Nicole . Nicole were keeping a close eye on apple, which today broke down below 500 for the first time in 11 months. This dates back to last february where it was below 500. Here it is, though. It has recouped some of the losses. It is now at 5 ....

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