tv FBN AM FOX Business June 12, 2015 5:00am-6:01am EDT
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the tree into sandra: breaking news, president obama considering building a network of military bases in iraq. twitter ceo talk his fellow to open sharply higher. who could be the next ceo. the greek prime minister to stop gambling. we've been telling you about rising yields in the bond market. here's what it means. mortgage rate topping 4% this year. the dow may snap a three-week losing streak this week checking u.s. stock futures ahead of the
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opening bell this morning. mostly to the downside. dow futures down 38. good morning i am sandra smith joined by lauren simonetti and nicole petadilles. we will have the on twitter. welcome to "fbn:am," you're a bucket moving markets and breaking news. the obama administration considering building a line. general martin dempsey, outlining the possibility of several bases across the country. the pentagon says the u.s. has spent more than $2.7 billion on the battle against isis since august. shares of twitter rally miss much as a percent last night and sent to open this morning. already up a couple bucks indicating a much higher open announcing his sleep in after five years with the company.
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investors wonder if they did enough to get twitter back on the path. you were in the twitter conference call late yesterday. they highlighted the fact there has been growth in users. it is not enough. investors expected so much more. lauren: if you're looking for a reason why costello might be out. i can give you three really easy. user growth, 300 user growth. their sales growth has slowed and too many people don't understand how to use twitter. despite all of the warning signs, costello was calm and confident on the conference call last night. take a look at this. >> with a great foundation in place of a clear strategy recount to you about and objectives and priorities mapped to the strategy. today's things when it's robust, when there is a clear plan and
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that is where we are today. lauren: is such a weird thing to say. do you believe they have this clear strategy going forward? down 20%. if you're keeping track that is 581 days. sandra: and has been a rough road for twitter. and telling confidence in twitter that a switch up at the top could help things. investors now want to know who will be the next twitter ceo. who are some possible candidates. nicole: one thing been mentioned is out of date who oversees global revenue partnership to say that for the top employees. according to people inside the company, new york times reporting date has strong relationship with twitter media and advertising. charter could make a choice of
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interim ceo jack dorsey per minute. not receiving any competition. dorsey is chairman and cofounder of the company stepping in right now. another candidate is cfo -- the former star of wall street analysts does not want the job. he seems to be out at the moment. former fox executive peter turning could also be in the running, member of the twitter board. also business insider to look outside the company. so there is a slug names and candidates and their potentials for their finicky as they have to be making this an advertising digital media and the like to grow twitter and get people on board. one shareholder seen twitter is scary. it's a little bit lonely.
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it's not as user-friendly as facebook. >> agreed that progress was made in the ballot box, think again. the international monetary fund has left the negotiations in brussels due to major differences with bathrooms. nicole, you have been following all of this. nicole: this is the ongoing story. ins spokesman says the surprise move coming into the european union to tell the greek prime minister alex says seven i.t. staff gambling with the future in head off this potentially devastating to follow. the entire great delegation is also left for home due to continuing disagreements. the latest development raises pressure on the great government to unpopular policy changes in spending cuts or they will risk of default. possible exit from the eurozone. greeks thought they were a day%
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yesterday was the biggest search we've seen since february. the bank set up 18%. this seems to market is pulling back 4%. sandra: taken a bit of a break today. let's get you caught up in global markets as they continue to watch the drama unfold. asian markets to be upset this morning. the hang seng up more than a full%. european stocks under pressure for most of the overnight session. they continue to be in the red as the greek debt talks stall. u.s. stock futures this morning taking a cue from europe. we are seeing a lot of red arrows. although were, pointing to a lower open on wall street this morning checking the yield on the 10 year as the world watches the volatile bond market hitting 2.38% this morning as they discuss the mortgage rates starting to rise and there you
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have it. 4.04%, something everybody is watching because they are rated on the fed to finally raise interest rates. more market moving data on top this morning that could move those bond yields. nicole: a lot of data today. 8:30 eastern a check on wholesale inflation but praises. but members to go up four tenths of 1% from april. if you look at the core index which boxers out food and energy it is expected to rise by 10 to 1%. 10:00 an update from the university of michigan on to the sentiment expected to rise as well. sandra: plots to look for there. the massive search for two escaped prisoners, the hunt is on and it is now focused on a wooded area just a few miles from the prison in which they escaped in upstate new york after bloodhounds picked up on
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the scent of the escapees. authorities also looking at surveillance video from a gas station near the prison. meanwhile investigators reportedly believe a female prison employee agree to be a getaway driver never showed up. a verdict is due this hour and aggravated trial of former imf chief dominique strauss kahn. remember this story? he faces up to 10 years in prison for organizing sex parties during the global financial crisis. strauss kahn has told the parties for much-needed recreational session then denies any wrongdoing. the women who participated were and testified they weren't having fun at all. we will bring you all the breaking news as it comes in. house democrats blocking the trade agenda. multination trade agreements favored by the white house will take jobs from the american people supported the president's bid for fast-track trade
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negotiation authority. union claim in the recent cyberattack against the u.s. government was much broader than previously thought. head of the american federation of government employees says hackers stole personal data and social security numbers for every federal employee. u.s. officials believe hackers are based in china. beijing has denied any involvemeinvolveme nt. coming up on the busy morning, the dow jones industrial average .2 snap a three-week losing streak. financial stocks leading the way although we are lower to start the session. futures indicate a lower open a couple hours from now. checking into the dow futures down 38, s&p down five, nasdaq down 15. the golden state warriors get mad and get even. we will have the highlights. you are watching "fbn:am," your first look at morning markets and breaking news.
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sandra: happy friday. welcome back, everyone. in asia, some strength overseas. the nikkei leading averages higher up 24 points for the session. in europe, trading continues as we see the market to the downside. the ftse down 35-point stock index futures looking like this right now. the s&p and nasdaq futures trading to the downside. the heaviest loss of three tenths of 1% as they continue to look at the twitter news coming in.
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$1178 down in the session a couple bucks this morning. turning to sports this morning an exciting night. nba finals now a best-of-three series as golden state tied it up with a 13 to 82 win over cleveland. seth curry had 22 points as golden state avoided losing streak of the season. the warriors land off nine straight points in the third quarter. there is a scary moment in the second order with lebron james down hard suffering a cut to his head when he had a camera. he finished the game with 20 points. in baseball the angels hit his 537th career home run and a 62 victory over the tampa bay rays. the home run ahead of mickey mantle and 16th place on the all-time list. today's play of the day.
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sent one into left-center field. goes all out, full extension for the diving grab there. shutout in texas seven to nothing. what a catch. investors cheering twitter ceo dick costolo -- sorry, not a sin sorry, madison avenue advertisers want to take over. we'll take a look. it's early, folks. i am messing things up. both the latest -- we will tell you what is good they are. we are trending to the downside right now and see how things develop look in a stock index futures down across the board this morning. you are watching "fbn:am," your first look at morning markets and breaking news. ♪
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sandra: raking news, president obama considering building networks bases in iraq. stocks set to open sharply higher this morning. a look at who could be the next ceo. imf negotiators tell the great prime minister to stop gambling. we've been telling you about racing yachts in the bond market. here's what it means for you. mortgage rates topping 4% for the first time this year. the dow may be poised to snap a three-week losing streak this week. check in u.s. stocks futures ahead of the open this morning. they are trending lower but still for the week on pace to finish higher. good morning. i am sandy smith joined by lauren simonetti entrance or. they will have the latest on
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twitter and greek that drama. her first look at what is moving this morning. obama administration considering a new network of luxury bases in iraq as the lily pads the front line. general martin dempsey chairman of the joint chiefs of staff outlines the possibility of several bases across the country. meanwhile the pentagon says the u.s. has spent in 2.7-liter dollars on the battle against aces since august. shares of twitter rally as much as 8% in after-hours trading yesterday now set to open sharply higher this morning. looking at shares in the premarket trading session up a couple bucks. this as we watch the news unfold over ceo dick costolo announced that he is leaving after five years to become me. investors wondering if change is enough to get it back on track and see some growth. you run the conference call.
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what is going to happen? >> we see some optimism to lots of questions about how jack dorsey will be replacing dick costolo. lots of questions about how he will run and the payment start at square. this is what he had to say. >> the only reason i can do this is because of the strength of the leadership team in the broader team of both companies. i will be working directly for both of those teams. i've been spending significant amounts of times that both companies will continue to split my time between the companies. trained to his commute will be easy. they are data couple blocks from each other. the cac will be tremendous. he has to grow twitter user base and come up with products they find simpler. draft messages will be 140 characters now. i don't think that's big enough. by the way, ceo salary at
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twitter zero. that is when he agreed to. it's hard to do. i love it and i get it and it makes sense in my world. other people are confused by it. issues of evil sending you messages you don't like. they need to grow not only sales but that meant active user base. sandra: strain to monetizing our profit margins. investors want to know who will be the next twitter at ceo -- ceo over at twitter. possible candidates. twitter executives making it clear whoever steps in has to know how to use twitter and know how to use it very well better than everybody else and use it every day. >> people are media, hollywood, big businesses. one name being mentioned as a twitter insider, adam bain.
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maybe the cofounder or ceo rick meyer to take the job. the stocks plunged 18% am not. train for a company can swoop in like google and i was $20 billion company. nicole: face that tried to do that. sandra: a few top progress has been made in the greek that they allow, think again. the imf said the delegation has left the negotiations in brussels with major differences. >> we've been on this every single day. it's really brought a lot of turmoil to markets. before you focus on what we talk about here, do your group president announced an extraordinary group of meetings next week at the 18th of the
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finance ministers have succumbed to a point. an imf spokesman says there's no progress in narrowing the differences. they are far away from an agreement. the surprise move ,-com,-com coming as the european union told the great prime minister alexis tspiras to stop gambling. take the crucial step, had off the potential devastating defaults he could see. we don't know what could have been. telling reuters entire greek delegation left her home, continuing disagreements. the latest development raises the pressure to agree to unpopular policy changes. we have seen protests there. they will risk a possible default, out of the eurozone and greek stocks in the meantime. there were headlines things are coming together. the market was up 8%. sandra: lots of volatility.
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nicole: optimism to skip to miss him. i can't. sandra: we will have this every day for you. the greek stocks are selling off this morning. let's get you caught up in global markets in asia with the strength over there at the hang seng leading the way more than a full%. a volatile week for those markets as well. stocks under pressure from the stalled greek tectonics. the ftse leading down 41 points. as we start off this friday morning, the dow, s&p and nasdaq in negative territory. a lot of news to unfold. checking in on the yield on the 10 year treasury come a major focus across the globe this morning. ten-year treasury now two-point create%. we saw the top 2.5% this week. the rising rates are leading to higher mortgage rates. the 30 year mortgage rate
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topping 4% for the first time this year. more market moving data. what can we expect? lauren: at 8:30 eastern they get an update with inflation my number expect it to rise four tenths of 1% from april. the core index excludes food and energy. that is set to rise by a 10th of 1%. at 10:00 this morning update from the university of michigan on consumer sentiment. how we feel about things expect the need to go up. sandra: we will be watching. thank you, lauren. the two escaped prisoners still on the loose. the manhunt is now mainly focused in a wooded area a few miles from the present in upstate new york after bloodhounds pick up the scent of the escapees. authorities looking at surveillance video from a gas station near the present.
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investigators reportedly believe that the null prison employee agreed to be the getaway driver. but she never showed up. a verdict is due any minute now and the aggravated trial. a former imf chief dominique strauss kahn faces up to 10 years in prison for organizing sex parties during the global financial crisis. strauss khan has told the court the parties were a much-needed recreational session and denies any wrongdoing. the women who participated testified they weren't having any fun at all. a union thing in the recent cybertrack against the u.s. government was much broader than previously thought. the head of the american federation of government employees that hackers stole personal data and social security numbers for every federal employee. the hackers are based in china. beijing has denied any
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involvement. before you head out the door this morning, look at your friday forecast that friday forecast with fox meteorologist maria molina. good morning to you. are we expecting are we expecting a good week and on the east coast? reporter: well, it is going to be a warm one. also very humid out there. get ready for it should really start to feel like summer across parts of the east coast. we're looking at showers and storms developing across the plains and into the midwest in the northeast and some of the storms could produce severe weather. one area across parts of western texas. panhandle, the oklahoma panhandle in parts of kansas. keep a close watch for tomorrow were isolated weather expected. we are expecting anywhere between three, four and even six inches of rain stretching from parts of the southern thing and the great lakes region. let's head over to you. sandra: bring in a brawl and sunglassesunglasse s this
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morning. maria, thank you very much. the dow industrial up for the first time in four weeks. will a close higher question or we will run down global market action. checking u.s. stock index futures. they are down this morning, taking a cue from the stalled greek.talks. it's a day to outsell every summer block buster when it opens today. the latest in dolmen of jurassic park. we will have the preview. you're watching "fbn:am," your first look at morning market and reaching names. ♪ my school reunion. i don't know. who wants to play in idaho? gotta get milwaukee up to speed. we win in flint, we take the lead.
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sandra: welcome back. let's get you caught up in global markets this morning. seems to mix trading as far as asia versus europe. asia got a cue from stronger-than-expected retail sales numbers at home this morning. asian markets close in to the upside with the hang seng leading the way of more than 8%. in europe stocks are trading lover. concerns over this dollar of those greek dead deal talks affect the markets they are. u.s. stock index futures weighed in on a bunch of economic data
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that lauren detailed this morning and a wait and see. on pace to finish higher for the week. a volatile week indeed. what movies are people munching on their popcorn to this week? most important as we wrap up this week we will want to relax. lauren: we will want to relax with our favorite dinosaurs. jurassic world opens in u.s. theaters today. the fourth installment in the jurassic park series projected to bring home $125 million in the u.s. 350 million worldwide. that would make about $150 million price tag. advanced ticket sales on fire. then they go outpacing every other block buster from last summer. jurassic world released after the last jurassic film. benefits from an almost 25 your ranch eyes. the park attractions and an
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onslaught of expensive advertising including a super bowl ad which i don't even remember. sandra: the graphics look pretty good. i'll consult my children. coming up this morning, what is that i hear? twitter investors cheering resignation of ceo dick costolo. who should take the top job at twitter ?-que?-que stion-mark who can make the company thrive? we will tell you what advertisers want. former imf chief dominique strauss: facing a verdict in france today. the charge aggravated pimping for those wild sex parties. we will have the details of what we might hear this morning. ahead of the opening bell, dow, s&p and nasdaq futures point to a lower opening. you are watching "fbn:am," your first look at morning markets and breaking news.
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sandra: breaking news. president obama considering military bases in iraq. traders ceo dick costolo. we will look at who could be the next ceo of twitter. imf negotiators helping greek.talks to help the prime minister to stop gambling. we have been telling you about rising up in the bond market. mortgage rates now topping 4% for the third time this year. the dow may be posed to snap a three-week losing streak this week. they are lower as they look to the opening bell this morning. lots of news to come out. and sandra smith joined by lauren simonetti as well as
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nicole petadilles. they will have the latest on twitter in the week that drama. your first look at what is moving markets in the latest breaking news. the obama administration considering building a new network of military bases in iraq as lily pads near the frontline. general martin dempsey chairman of the joint chiefs of staff outlining possibility of several bases across the country. the pentagon says the u.s. has spent more than $2.7 billion on the battle against ices since august. shares of twitter brolly and as of twitter probably missed by just 8% in after-hours trading and set to open sharply higher this morning. shares already moving in the premarket. ceo dick costolo announces he leaves after five years of the comp me. investors wonder if it changes enough to get back on the path to growth. you were on a conference call where there was a lot of confidence coming from the executive.
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lauren: gas, but it seems like a rehearsed script. that is one of the issues we saw last night. twitter shows down 20% last night. his interim replacement jack dorsey at disguising a weaker user base. >> fundamentally the easier we make it to use and can zoom in and arrived with, the more accessible it is to more and more people. lauren: said that was the talk about trying to get the products better and more accessible to a lot of people. that is also the type that deflated the stock in the after-hours. before before the conference call, shares were rallying and there was laughter in a conference call but not at much. once the ceo is now, the stock is at. i think it could be off a little bit more. sandra: asset today, twitter shares with the recent pretty
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much flat for the year. >> and they are down 20% since he took over. sandra: ipo price is a 26 ipo they closed that day at 45 bucks to close yesterday 35 bucks. you are pretty disappointed. nicole: facebook shares up 31% over the past year. sandra: and investors want to know who will be the next twitter ceo. nicole, some possible candidates. nicole: nobody really knows. an exciting possible lineup. one is a twitter insider, adam bain. the favorite for the top job among the twitter employees according to peoples inside the company. "the new york times" reporting adam bain has strong relationships with twitter media and advertising partners. twitter could also make its choice of interim ceo jack
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stewart. don't forget he sent out the very first week. the founder, cofounder. he asked he not receive any compensation. another potential candidate, ceo anthony noto come a personal familiar with the former wall street star of goldman sachs does not want the job. former fox executives peter chernin. actually a member of twitter's board of one of the most powerful media executives. portfolio manager telling business insider to look outside the company. candidates against a grand cofounder kevin pfister. yahoo! ceo laura myers. -- marissa mayer. we can't leave out once they defined the ceo and a potential takeover deals. we talked to google earlier. is that tried to do that in 2008. didn't happen. they want to know what is
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happening. >> marissa mayer event of a stretch. if you thought progress was made in the great aol, think again. the international monetary fund says the delegation has less negotiation in brussels due to major differences in athens. the court has been following all of this. nicole: an imf spokesman says there's no progress in narrowing differences and they are far away. a surprise move by the imf coming as the european union told the greek prime minister, alexis tspiras, stop gambling with the future. head off potentially devastating defaults. telling reuters the entire delegation is also left for home due to continuing disagreement. the latest development raises the pressure on the greek government to agree to the unpopular policy changes and the unpopular spending cuts. or it could really risk a default.
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possible exit from the euro zone. the unemployment rate over the last day or so fell more than 26% of nurses survey done over the last 24 hours about how many want to see in the euro zone. that drop from 60% to 50%. you still have people who want to stay in the euro zone. in the 11th hour, the 100 millionth hour. sandra: it has been a wild ride. day by day and will continue to break. we will have it for you. let's get caught up in global markets. in a show we saw global markets closed. the kneecap 24 points. in europe some weakness they are. concerned about the debt talks continue to weigh on shares in europe and stock index futures are also lower pointing to a lower open this morning. lots of economic news on the lineup. we will see what happens the next couple hours before the opening. what are we looking for. lauren: an hour before the market opens wholesale inflation
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with producer for may. expecting to increase for 10 to 1% from april. the so-called core index are volatile and expected to rise by 10 to 1%. later this morning an update from the university of michigan on sentiment. we're expected to feel more confident. sandra: food and energy is such a boggling one. because they are volatile. most wind. talking about gold. gold is up for the first week. it's interesting how people are moving into that safe investment. new developments in the massive search for two escaped prisoners. everybody is watching this story. they are still out on the loose. the manhunt focused in a wooded area just a few miles from where they escape from the prison in upstate new york. bloodhounds are picked up on the
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center one of the escapees. looking at surveillance video from a gas station near the prison. they also found some food wrappers in london from the jail. meanwhile, investigators believe a female prison employee agreed to be the getaway driver but she never showed up. a verdict is now due this hour and aggravated pimping trial of former imf chief dominique strauss kahn. he faces up to 10 years in prison for organizing sex parties during the global financial crisis. strauss khan told the course of the parties for much-needed recreational sessions and denies any wrongdoing. the women who participated were and testified they were not having any fun at all. house democrats attempting to block president obama's trade agenda. they say multination trade agreement favored by the white house will take jobs from americans.
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republicans support the president's bid for fast-track trade negotiating authority. the house vote is set for later today. the union is claiming the recent cyberattacks against the u.s. government was much broader than previously thought. head of the american federation of government employees say hackers will personal data and social security numbers for every federal employee. u.s. officials believe the hackers are based in china although beijing has denied any involvement. coming up a check on your weather on this friday morning as we head into the weekend. a boatload of newsroom jesters to digest this weekend. a lot of economic news coming out of affecting markets. we will run down global markets for you ahead of the opening bell. u.s. stock index futures are lower although still much better for a higher close for the week. the golden state warriors get mad entities in. you are watching "fbn:am," your first look at morning arcade and breaking news.
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sandra: welcome back, everybody. let's say you can't up on the global market action this morning. asia versus europe. asia close into the upside taken a cue from her stronger and is on retail sales yesterday. europe seen some weakness although the attacks in germany in the past couple minutes has turned positive. u.s. stock futures are pointing to lower open this morning. lots of economic news to get too ahead of the opening bell. turning to sports.
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the nba finals a best-of-three series as golden state tied it up as two games each with a 13282. win over cleveland. thackeray had 22 points as golden state avoided the first-ever avoided the first of the three great losing streak. lawyers ran off nine straight points in the third quarter and led by double visits rest of the way. there is a scary moment in the second quarter when lebron james went down hard as you can see the crowd suffering a cut on his head when he had a camera. finish the game with 20 points. game five is sunday in oakland. and baseball, pujols heydays home run in the rear for the tampa bay rays. the home run moves ahead of mickey mantle now into 16th place on the all-time list. in today's play of the day, the rangers send one into left-center field.
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the run goes all out. you will see him go all-out full extension for a diving catch. oakland's about texas seven to nothing. before you head out the door, a look at your forecast on this friday morning. fox meteorologist maria molina. >> good morning, sandra. track in all kinds of weather today started out with a severe weather threat. into the midwest and northeast we will be tracking storms and some of them could reduce isolated weather throughout the day today and we continue for similar areas as we head into your saturday. several inches of rain forecast across the great lakes region great lakes region as much as six inches could fall in areas. a quick look at current temperatures. already warm across parts of the plains. they will get hot out there. temperatures in the 90s across parts of the east coast. let's head over to you.
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sandra: welcome back. a look at global markets as we kick off this friday morning. asian markets finishing higher led at the hang seng of more than 1%. again a 372 points on optimism over economic reports are told to retail sales number yesterday. over at europe there is talk about potentially rising rates for london. you can see you've got the ftse down 24 points. the dax in the past few minutes turn to the upside. a volatile week for global markets.
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stock index futures. the dow down 18 points from essen p. 18. nasdaq down 17-point and twitter would be the huge story everybody's talking about today. the time now for maria bartiromo and "mornings with maria." maria: hello, sandra. see you in an hour. happy friday, everybody. it is friday, june 12. with me as dagen mcdowell and ryan knutson. we will kick it off with twitter. take a look at the site right now. the big news yesterday the stocks rallied as much as a percent. in the senate session yesterday after ceo dick costolo announced he's leaving at five years at the helm of the company. factors leading to the announcement include selling user growth in sales. here's the conference call last
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