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one-off. he s not going to go into eastern europe crane. eastern ukraine. they are not going to want to do more and less he does go into eastern europe crane. what about restricting global investors to invest in russia? sort of an investor sanction rather than an economic sanction? the western companies that are in russia are all reconsidering. i ve had calls already on this. they ve got to try to plot out what has happened not only in the next few months, but in the next several years. things don t look good. investment in russia is going to drop of its own accord without doing anything. and the russians are going to have to really step up their game to keep companies there. fascinating discussion. saudiou solved this arabia needs to pump more oil. gary, thank you. and the makers of jack daniel have something to open a bottle about. we will talk to the ceo coming up next. it s time for bloomberg on the markets. here is a check of where markets are tradi ....
and wendy s. all of them reporting before the bell. after the bell, we get gap, monster beverage, salesforce.com, splunk, and deckers. let s get over to andrew with more of today s top stories. and andrew, good morning. good morning, becky. we re watching shares of jcpenney. the stock spiking after-hours. the trouble retailer reported a loss of 68 cents per share for the fourth quarter. that was smaller than expected. revenue also missing, but here s the good news. the retailer is upping its same-store sales and gross profit margin forecast for the year and you ll want to keep your eyes on that. jcp shares are down more than 30% so far this year. we ll be talking more about jcpenney with dana telsey at 7:30 eastern time. tesla raising cash to expand into the future. the company will be rolling out plans to build a factory and develop what it s calling its gen-3 mass market vehicle. it plans to build its giga-factory in arizona or texas. the company expects the company ....
central bank will widen the country s trading ban. and janet yellen says she needs a firmer handle on the data before she can blame the weather for recent weakness. announcer: you re watching worldwide exchange, bringing you business news from around the globe. warm welcome to the show. plenty of moving towards surrounding ukraine. absolutely. we just heard in the last few minutes the ukrainian prime minister separating out the political noise we re hearing for the economy. he said they re taking clear steps to provide the ukraine with international financial aid are being taken right now. they accept the ukraine is independent. they hope to boost reserves and stabilize the situation there. they talk about the imf here, too. they expect record credit instruments from the imf to increase saying to them that they will provide funding in the next couple of days if they can agree with it. and a key priority, of course, is to fulfill the conditions from the imf. we ....
government calling for a execute session. armed men have now seized two airports after taking a parliament building hours earlier. russia denies its forces were involved. the region is home to russia s black sea fleet. jim maceda is in moscow. jim, there have been a lot of stories circulating around about whether or not russia was involved. that s right. russia does deny it, as you say. but it didn t have to be their military. because it was dozens of russian-speaking gunmen who stormed those two airports today. the main airport in crimea s capital as well as a smaller military airport. now, it looks like a repeat of yesterday s incident, when those armed commandos seized crimea s government buildings. again, they were not russian, per se. they were ethnic russians living crimea in ukraine. at the commercial airport today, eyewitnesss said the gunmen were looking for ukrainian guards, but where they couldn t find any, they simply left. however, a few vigilantes were l ....
i m erik schatzker. i m scarlet fu in for stephanie ruhle. airlines,al, malaysia we will try to make you forget about some of that stuff. in the meantime, newsfeed stories, and around the world. consumer spending rose slightly in february. it again 0.3%. oft is the median forecast economists we polled at bloomberg. americans are slowly shaking off the effects of the coldest winter in four years. household spending on services including utilities rose 0.2% in the month. cbs s billboard business has gone public and will start trading any minute now. raising $560 million. it will still be 83% owned by cbs corporate but eventually cbs shareholders will own all. chris christie says he is still baffled by decisions his formal former aides made in the george washington bridge scandal. the new jersey governor made the comment in an interview with abc news anchor diane sawyer. when things were first reported i said, this can t possibly be true, because who would do som ....