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Cutting the number of rate hikes it expects this year in half. What that means for the markets. Shares of fedex are up on earnings and company taking a shot at amazon on its call yesterday. Plus jim cramer spoke to target ceo about competing with amazon. How hes positioning his company against jeff bezos. First up something that would have been nun thinkable. Dow and s p down 1 for the year after the fed reduced the number of rate hikes it expect this year from four to two. Futures moving lower. Caterpillar issues First Quarter estimates in the wake of lower Commodity Prices even though they s...

Number 5 and if no one comes forward well close the comment so we can do a roll call vote. Commissioner campos. Campos absent commissioner chiu chiu aye. Commissioner farrell . Farrell aye. Commissioner tang. Aye. Wiener aye. It passes. Next item please. Item number 6 except the audit report this is an action item. Colleagues, any comments or questions . Okay seeing no one come forward well close Public Comment and can we take that okay the item passes. Next item please. Item 7. Implementation and licensing and support and Maintenance Services for microsoft dynamics and authorize the executive...

And muni and ac transit and the change since that time has been a proposal to change the core capacity formulas to savor some of the smaller operators proposes 30 percent to the big 3 and seventy percent to the other operators. The Regional Transit ridership is about eighty percent carried by the big 3 operators and the balance carried by the other operators so that will continue and hope there will be more time to make that formula more equitable across the region. So were monitoring the transportation california and alliance for jobs proposal for statewide vls and if passed the fifty percent...

Duty to be involved and people are stepping forward if in huge way. Its about San Francisco and its inspired by miles and about every child who has a severe. Good morning today is december 17th 2013 welcome to the San Francisco Transportation Authority my name is john avalos the chair of the authority and todays Authority Meeting is broadcast to us by jessie lar larson thank you for your work. Madam clerk will you please call the roll. Campos absent. Chiu absent. Mr. Farrell farrell present. Commissioner kim. Tang present. Commissioner wiener. Wiener present. We have quorum. . M. Any comments ...

Campos absent. Chiu absent. Mr. Farrell farrell present. Commissioner kim. Tang present. Commissioner wiener. Wiener present. We have quorum. . M. Any comments or questions on the minutes . Okay we can do comment on item number 2 seeing none well close Public Comment and the motion to approve the minutes a roll call vote. Commissioner avenue avenue. Aye. Commissioner breed . Chiu absent. Commissioner cohen. Kim aye. Wiener aye. Commissioner ye the item passes. Chair report this is an information item. Good morning colleagues it has been another busy and productive year at the Transportation Au...