Attacks on u. S. Banks have been struck in a series of coordinated attack these mop details at the moment, unclear. But the attackers are believed to have stolen large quantities of data, including information on checking and savings accounts. Theyre looking into the possibility that Russian Hackers are behind those attacks. There were other reports that suggested they had gotten employee information, joe. One of the things i wonder more than anything else about this, beyond my own security, im a customer, by the way, of chats. I dont know what banks you frequent, but these are reports coming from sources that are close to this investigation, whether they be government sources or bank sources. The banks themselves have not publicly disclosed this. And the question i always wonder is we talked about this on the air before. When if you are a company are you supposed to disclose that there has been a hacking attack . Clearly this has happened at least over the past several weeks and we he
Ecb president. He suggests the eurozone economy is likely to remain stagnant and the central bank stands ready to act. T speaking of Central Banks, here at home, the fed is launching a review of how it oversees the major banks. The review comes after a series of critical reports. The fed is asking its Inspector General to help with the probe. Andrew. Weve got stocks to watch this morning. A lot of stuff moving. Gamestop earnings and revenue falling well short of estimates. The company blaming the late relief to be assassins creed unity game and slowing Video Game Software sales. Joseph kernens family always usually havent been big on that. But i read through the Analyst Report trying to figure out what happened. And there was worry that it was in digital, but its older software. Also, believe it or not, the west coast port situation is part of the forecast. The kernen family has no, no. Its strange that the west coast Court Situation would affect things. And they also use games. Also,
Is still causing problems this morning. This is video from our helicopter partnership with abc 7 news. A condominium building under construction near at and t park went up in flames just before five oclock yesterday evening. And burned for several hours. Lets go live to where the fire is still burning this morning. At 4th street and mission bay. Kron fours will tran is at the scene, will . can you do a quick recap of where we are this morning this is considered a fire watch and a hot spot. A lot of parts of the building because its so big. We have been assigned to look at anything. whats been the biggest problem for you guys . i made the biggest problem for us. I think we did a great job at keeping everybody says. Our own people. The water supply. Today great job but ph. D. A system would archies. There are High Pressure and low pressure system. I think weve dealt with the chances. We were lucky. with this neighborhood being so note and liking and services. now we are not lacking any s
Treasuries went up. A little concerned, perhaps, about the stock market. Now, we know one executive whos presumably looking for a new job today, Tim Oshaughnessy saying hes stepping down this year. Living social is not publicly traded, but there are a lot of guess about them being questions about them being the big competitor to groupon. Target now telling us that its data breach was worse than previously thought. As many as 70 million customers had their personal information compromised. Target also lowering Forward Guidance. Its shares are moving down just a few percentage points, but its sears getting slammed today after it also lowered its guidance. That stock down more than 12 . A little later on were bicycle to speak to speak to sears public enemy number one. He took photos of empty sears shelfs. He says sears has gone from a sick patient to one who is now in critical condition. We, of course, invited sears executives to come on, they declined, so im going to fight brian. Theres
You can see were about two points, a little less than that, above that number right now. I know well be watching for the next hour. Yes, we will. Thats for sure. An hour from now, all eyes will switch to another batch of key earnings. Take a look who were hearing from, facebook, at t, qualcomm, all out with their numbers. And our Julia Boorstin will be speaking with facebooks chief operating officer Sheryl Sandberg immediately after the earnings are released. Stay tuned to find out what she has to say. Leaning in with Sheryl Sandberg, coming up. Another twist in Rupert Murdochs efforts to buy time warner. We now may know just how high hes willing to go to win the bidding and reshape his media empire. Or do we . Could murdoch just be posturing . He named a number today. We have david faber with a brand new detail coming up on that in just a few minutes. Yeah, shares of that company, by the way, have been under pressure today. Yep. Heres where we stand across the Broader Markets. Moving