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Lackluster week. Lackluster again. Mixed markets, dow and s p 500 lower than nasdaq, but holding on. We got a report contracted, showing the lowest level of activities since july of 2009. Also, taking a look at dell shares. Surging more than 6 on an upgrade at goldman sachs, actually, a 180 on the stock. Goldman had it at a sell for two years, upgraded to a buying and increasing the price target from 9 to 13. Dell is up today. Back to you. Thank you very much. The majority, believe it or not of americans, have a low opinion of the lawmakers when it comes to being honest. Just above pushers at the local car dealership. Doug shone, what do you think of this . Ive been in the profession a long time. Ive seen it. Bottom line, just one category below politicians b and politicians, and thats political consultants. People are cynical, and with justification, lori. Whats going on in washington, they cant make sense of it. Do you think its change at all . Ust a fever pitch with the cliff coming ....
We will go to nicole petallides. Good morning. Nicole good morning. Lets take a look at what is going on here. Lets take a look at jardin restaurants. It turns out they are not meeting the analyst expectations. Lets take a look at the stock. It is near its lows of he day. Their earnings will miss the analyst estimates. Samestore sales dropping 3. 2 . As a result, sales have diminished. How about the major market averages . The dow is higher, but the s p and the nasdaq are lower. Dagen republicans finally pulling off their own plan to deal with the fiscal cliff. Connell the white house predictably saying, no deal. The parameters are there now. We can start to imagine what a deal may look like. I think that is right. They have been adamant in saying we want more revenue. They have kept the rates down. They have had spending cuts. I think they will find a deal just over a trillion in revenue. Dagen it is a turnaround for the republicans to say that we will raise revenue. How they get to i ....
Those cuts amount to 4 of the Companies Workforce and is estimated to save 1. 1 billion every year. Stocks now and every 15 minutes. Nicole petallides. Nicole we are looking at a market that is to the downside. Lets take a look at citigroup. It is about 4 of the workforce. Citigroup is higher. It has had an up arrow throughout the day today. We saw the Dow Jones Industrials this week to the downside. We had two consecutive days in selling. Down arrows for the nasdaq. Down 1. 1 . Connell breaking news out of washington. Earlier, Speaker Boehner speaking about the fiscal cliff. Now it is president obama. Lets listen. We have emerged not yet where we need to be, but we certainly have made progress. The reason we have made progress in part is because of the outstanding management and productivity and gains and e ....
Too attractive and a Supreme Court says it is legal. Dagen i will bite my tongue because it is the top of the hour and stocks now and every 15 minutes. Nicole petallides at the New York Stock Exchange. Hey nicole. Nicole i look forward to hearing more about that particular story as i watch the stock market here, i do see the dow is down about 1 3 of 1 . Majority of the dow components are lower. It is december 24th. There are kids running around here. Its a very random day on wall street. The traders will get together and sing the traditional song which represents hope back in the early 1900s. Some names are weighing heavily here on the major averages. A couple names squeezing out gains like alcoa and home depot. Lets take a look at the retailer jc penney. You do see it doing particularly well here. Oppenheimer has talked about the fact that theres traffic. Theres peop ....
Dagen the wonderful you have no idea where i am going. I can get myself into trouble. Connell yes you can. Dagen stocks now and every 15 minutes. Nicole the markets are pretty much spot. Lets start off with apple. The 700 stock back in the middle of september. One product after each other the price target is now 700 from 780. Not too optimistic on the iphone5. It is down 3. 5 right there. The vix, the fear index, is to the upside. The dow is higher while the s p and nasdaq are pulling back. Back to you guys. See you later. Connell thank you. After the big meeting they had last night, the speaker of the house, john boehner, is heading home for the weekend and ohio. Dagen rich edson is following the action. Rich there are cell phone communication and airports in his area of ohio. He can come back if he needs to do so. Even after last nights 50 minute meeting with president obama at the white house, there still is no Significant Mo ....