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BLOOMBERG Market Makers February 26, 2015

Welcome to Market Makers. I seem to have misplaced Stephanie Ruhle. Im terrified all by myself. Im going to kick it off with the top business stories of the morning. Sears is getting smaller and so are its losses. The retailer cut its losses by more than half in the fourth quarter. It has now lost money 11 quarters in a row. Eddie lampert has been shrinking the store base and separating units to generate cash. They want to form a Real Estate Investment trust to leaseback the stores. Firsttime jobless claims rose by the most in more than a year last week. It was well above the estimate. Inflation at the consumer level took a dive last month. Prices fell zero point 7 , probably due to Falling Energy prices. The cpi actually rose. The fcc is headed toward a lan ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110916:14:17:00

Uncomfortable with the fact that he was being pressured to sugar-coat what he saw as the technology of the company infringing on the gps that is used by the military? right. yeah, what it is, this is a private company, wants to build a national nationwide wireless network system. but, the military says, if they do that, it is going to in fact render the military gps system useless and one person i talked to served well, like if you were trying to talk on a cell phone and there is a rock concert next to you, what the wireless system would do is really be to drown out or jam the military system. so, the military wants to object. general shelton was asked about it and he said, not only do i object, i was in fact pressured to change my testimony to say that it could be fixed, there would be a work-around and in fact there is no easy or cheap work-around and there were two issues, one, should the u.s. grant a waiver or license for the company, to do something that might potentially dama ....

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