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Sep 29, 2009
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darren rovell with a special interview on "street signs." we'll be back. >>> earlier this year morgan stanley made a case for the fifth bric. they said that should be indonesia, and now big business is starting to put real money behind that. today ge chairman and ceo jeff imel talked about boosting investment in indonesia. he is my boss, so we take that very seriously. here now to talk about indonesia's growth is the minister of trade mary panjestu. i remember when morgan stanley came out and said there should be a fifth bric. brazil, russia, india, china, and indonesia. why indonesia? >> well, i think we are the largest country in southeast asia, and we have been growing at around 6% up to the time of the crisis. even last year we grew at 6.1%. this year we are projecting growth at around 4.5% which is the third highest growth in 2009 out of all economies and we have weathered the crisis well. we've continued our reforms, and we are a thriving democracy. >> obviously, the thriving democracy gets a lot of attention here in the u.s. with big
darren rovell with a special interview on "street signs." we'll be back. >>> earlier this year morgan stanley made a case for the fifth bric. they said that should be indonesia, and now big business is starting to put real money behind that. today ge chairman and ceo jeff imel talked about boosting investment in indonesia. he is my boss, so we take that very seriously. here now to talk about indonesia's growth is the minister of trade mary panjestu. i remember when morgan...
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Sep 18, 2009
09/09
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. >> darren rovell is in the new palace of america's team.ely friends with him as well. >> hello, darren. darren? darren? >> you're a married man. >> hi. how are you? what were we talking about again? she's watching. we're at the dallas cowboys stadium. we're going to give you a behind the scenes tour. that's coming up next on -- >> "power lunch." could someone toss me an eleven sixteenths wrench over here? here you go. eleven sixteenths... (announcer) from designing some of the world's cleanest and most fuel-efficient jet engines... to building more wind turbines than anyone in the country... the people of ge are working together... creating innovation today for america's tomorrow. thanks! no problem! why is dick butkus here? i hired him to speak. a lot of fortune 500 companies use him. but-- i'm your only employee. we're gonna start using fedex to ship globally-- that means billions of potential customers. we're gonna be huge. good morning! you know business is a lot like football... i just don't understand... i'm sorry dick butkus. (announ
. >> darren rovell is in the new palace of america's team.ely friends with him as well. >> hello, darren. darren? darren? >> you're a married man. >> hi. how are you? what were we talking about again? she's watching. we're at the dallas cowboys stadium. we're going to give you a behind the scenes tour. that's coming up next on -- >> "power lunch." could someone toss me an eleven sixteenths wrench over here? here you go. eleven sixteenths... (announcer)...
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Sep 17, 2009
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erin, back to you. >> thank you very much, darren rovell.e another special report from darren coming on "street signs." >>> now, breaking news on inventory data. i believe it's going to be natgas, sharon? >> that's right. we're waiting for the natural gas storage report to come out. we're expecting to see an increase around 73 bcf according to reuters survey of analysts. increase in natural gas storage at 66 bcf. as a result, we are seeing -- what we have seen for the past two weeks, a little bit less of an ejection cause a rally in natural gas prices. we're up five cents or so right now. around 380. right now i'm joined by randy who is a vet van trader in the natural gas. randy, we've seen about a 50% move higher since september 4th in natural gas. even though right now we're looking at storage levels well above the five-year average. what's going on here? >> i think there was some bargain buying down at the $2.50 level and i think there's been a fair amount of short covering that's gone on over extended. we were at seven-year lows when you
erin, back to you. >> thank you very much, darren rovell.e another special report from darren coming on "street signs." >>> now, breaking news on inventory data. i believe it's going to be natgas, sharon? >> that's right. we're waiting for the natural gas storage report to come out. we're expecting to see an increase around 73 bcf according to reuters survey of analysts. increase in natural gas storage at 66 bcf. as a result, we are seeing -- what we have seen for...
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Sep 9, 2009
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>> it wasn't all rovell.ut he still won. >> it would have been more of a controversy. >> thank you. >> see you at 7:30ish. >> in the suit just for old times? >> no, i won't be in the suit. >> just for old times? >> no. i'm retired from that. >> you're just getting started. it's fun. double rovell on a -- right? on a wednesday. that makes it fun. we're just getting started on a wednesday morning. coming up, your bus traveler's forecast. first as we head to break, number nine. revolution number nine. it's like people on acid or something. >> it's 9-9-09. >> and that's "revolution number nine." carol, when you replaced casual friday with nordic tuesday, was it really for fun, or to save money on heat? why? don't you think nordic tuesday is fun? oh no, it's fun... you know, if you are trying to cut costs, fedex can help. we've got express options, fast ground and freight service-- you can save money and keep the heat on. great idea. that is a great idea. well, if nordic tuesday wasn't so much fun. (announcer) we
>> it wasn't all rovell.ut he still won. >> it would have been more of a controversy. >> thank you. >> see you at 7:30ish. >> in the suit just for old times? >> no, i won't be in the suit. >> just for old times? >> no. i'm retired from that. >> you're just getting started. it's fun. double rovell on a -- right? on a wednesday. that makes it fun. we're just getting started on a wednesday morning. coming up, your bus traveler's forecast. first...
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Sep 17, 2009
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that's where we find darren rovell on a beautiful day in chicago, apparently.ore gametime, darren. >> that's right, bill. we ordered this just up. we are standing wrigley done right is one of these rooftops. we're standing here. you pay $100 to $200 to come up here. there's a lot of people up here ready. the top two floors, there's a bar downstairs and up here, they have everything you could want. they have the game across the way. i'm talking about 50 yards across the way. then everything you could want here. let's give you a little bit of a tour of what we've got here. follow me. so we have the bar. anything you want. we have casey, natalie, ashley. all right? when we talk about chicago experience, we talk about the "l" across the way here. we talk about all the food you could possibly want. i have, let's seefy can do this, i went to northwestern. bratwurst, chicken, italian beef, hamburgers and hot dogs. we even have the poppy seeds on the rolls here. we have, obviously, the all you can eat, all you can drink. it's the ultimate experience. they're down about
that's where we find darren rovell on a beautiful day in chicago, apparently.ore gametime, darren. >> that's right, bill. we ordered this just up. we are standing wrigley done right is one of these rooftops. we're standing here. you pay $100 to $200 to come up here. there's a lot of people up here ready. the top two floors, there's a bar downstairs and up here, they have everything you could want. they have the game across the way. i'm talking about 50 yards across the way. then...
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Sep 25, 2009
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. >> darren, rovell, thank you so much. >>> we'll look at the markets real quick. the dow has turned positive. you can see we had a big dip in the middle of the day. we are not quite back to the high of the session so far. but we're obviously well off the lows and in positive territory for the day. nasdaq, down almost a half a percentage point, a little more than 9 points. rimm has been a big weight on the markets. the s&p is trading down by a little more than .10%. about 1 1/2 points. thanks for watching "street signs." i'm melissa francis in for erin burnett today. "closing bell" is coming up next. we have michelle here. >>> the fda has approved johnson & johnson so rye a sis drug given four times a year. twitter confirms it's gotten a significant round of funding from five investors, including t. rowe price and insight venture partners. some reports put it at $100 million. the centers for disease control and prevention said the virus is now spreading widely. that's cnbc.com news now. >>> you're looking at a shot of the floor of the new york stock exchange. after
. >> darren, rovell, thank you so much. >>> we'll look at the markets real quick. the dow has turned positive. you can see we had a big dip in the middle of the day. we are not quite back to the high of the session so far. but we're obviously well off the lows and in positive territory for the day. nasdaq, down almost a half a percentage point, a little more than 9 points. rimm has been a big weight on the markets. the s&p is trading down by a little more than .10%. about 1...
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Sep 10, 2009
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i'm c darren rovell. noto was the top analyst at goldman sachs, the cfo of the nfl in january 2008. we've been waiting to get him on air ever since. joining us live from pittsburgh for tonight's nfl season opener in anthony, thank you for being here with us. with the season kicking off, give us a quick snapshot of the state of the league as far as projections for revenue? >> darren, thanks for having me. as we look at the financial outlook we like to start with the quality of the game. that drives fan engagement. on that front we're continuing to see strong year over year growth in all key fan engagement methods building on the strong success of the super bowl in 2008, record audience of 152 million viewers. we're continuing to see that growth as it relates to preseason games. up over 20%. nfl networks ratings on a year to date basis also up in the double-digit range. audience front, things are positive. economic front, environment has hurt discretionary spending and that has had a negative impact on ticket sales. forecast revenue is lower than a year ago which still should grow yea
i'm c darren rovell. noto was the top analyst at goldman sachs, the cfo of the nfl in january 2008. we've been waiting to get him on air ever since. joining us live from pittsburgh for tonight's nfl season opener in anthony, thank you for being here with us. with the season kicking off, give us a quick snapshot of the state of the league as far as projections for revenue? >> darren, thanks for having me. as we look at the financial outlook we like to start with the quality of the game....
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Sep 17, 2009
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the franchise, a money machine, darren rovell.ell us more about the business of the team, darren? >> reporter: yeah, that's right, erin. you mentioned more than a century, every year the cub fans say this is our year. and it doesn't look like it's going to happen yet again. take a look at this, this 1:45 local time and this is wrigley field, more than 30,000, 35,000 people. this is not summer, i should tell you, obviously. then we're here at the roof top. take a look at the crowd here on this one roof top. this is a big business. they're playing the not so good milwaukee brewers. while the cubs are more than recession resistant, it doesn't mean they're recession-proof right now. sure, they're selling 90% of wrigley but the ticket brokers are hurting. here on the wrigleyrooftop, the dunwright, dean bravo the manager said business is down about 15% this off-season. the new owner, tom richts will take over. and as i mentioned, their motto, this is our year. it doesn't look like it will happen this year. will it happen next year or af
the franchise, a money machine, darren rovell.ell us more about the business of the team, darren? >> reporter: yeah, that's right, erin. you mentioned more than a century, every year the cub fans say this is our year. and it doesn't look like it's going to happen yet again. take a look at this, this 1:45 local time and this is wrigley field, more than 30,000, 35,000 people. this is not summer, i should tell you, obviously. then we're here at the roof top. take a look at the crowd here on...
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Sep 21, 2009
09/09
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. >> darren rovell.oo tired to shave. >>> after making rounds on the sunday cautalk shows, president obama will deliver a speech at hudson valley community college. we'll take you there live as soon as it begins. in the meantime, let's talk about the economy. joining us now is chief u.s. economist at jp morgan. also chief economist at delta global advisers and also cnbc chief washington correspondent john harwood. bruce, there are people out there talking w recovery, v rekory. where do you come down? >> think we're going to get strong growth. we're looking for growth averaging around 3.5% over the next year. that's not a v given how hard we went down. i think we're going to have strong growth. i think we're starting to see demand come on, financial conditions improving ands the global economy helping out. i think we'll have a year, year and a half of more growth than people expect. >> john harwood, how can president obama maintain to abc's george stephanopoulos that taxing gold plated insurance benefits
. >> darren rovell.oo tired to shave. >>> after making rounds on the sunday cautalk shows, president obama will deliver a speech at hudson valley community college. we'll take you there live as soon as it begins. in the meantime, let's talk about the economy. joining us now is chief u.s. economist at jp morgan. also chief economist at delta global advisers and also cnbc chief washington correspondent john harwood. bruce, there are people out there talking w recovery, v rekory....
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Sep 29, 2009
09/09
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janice rovell is "money's" senior write.anice, great to see you. >> good to be here. >> so, we just had a report out the other day that at least for the next two years, social security's going to be in the red. what does that mean going forward? >> it's going to be in the red for the next couple of years, but i think the important thing to keep in mind is the longer term perspective. there's a tremendous amount of fear out there that social security will not be there in 10 years, 20 years. the name for it now is social insecurity. >> right. >> and the problem is, of course, you've got 70 million boomers, all retiring, and the fear is that they're going to drain the system. there will be nothing left for any of us. the truth of the matter is, the social security system is not going broke. it is in far better shape, really, than you probably expect. >> then why do we have this -- why are we so concerned? i know you're talking about the baby boomers and you've got huge job losses, so there are fewer people putting into the soci
janice rovell is "money's" senior write.anice, great to see you. >> good to be here. >> so, we just had a report out the other day that at least for the next two years, social security's going to be in the red. what does that mean going forward? >> it's going to be in the red for the next couple of years, but i think the important thing to keep in mind is the longer term perspective. there's a tremendous amount of fear out there that social security will not be there...
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Sep 11, 2009
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and joining us, david hunt, the president of hunt auctions which is handling the sale and darren rovell couldn't resist. wanted to be part of this whole thing. this is the babe ruth of basketball. >> it is. michael jordan is one of the iconic figures. he transcends not the just the sport, but marketing. you talked about golf. it's really what makes his piece sos highly collectible. >> did try to play baseball at one time, too. the jersey, a significance to it? >> it is a game-worn jersey that is also autographed and we talked about it before on the show. when you have something that's actually game used, certainly adds a lot. it's not something everybody could get. this is a piece that should be in that $10,000 range. >> you're especially impressed by the signature. >> i think that jordan's signature, it hasn't changed over time. you have a lot of athletes that change four or five times. you don't know if it's authentic or not. can you quickly talk about the upper deck authenticated? he's had a relationship with upper deck for a long time. it's basically fake or not based on whether you
and joining us, david hunt, the president of hunt auctions which is handling the sale and darren rovell couldn't resist. wanted to be part of this whole thing. this is the babe ruth of basketball. >> it is. michael jordan is one of the iconic figures. he transcends not the just the sport, but marketing. you talked about golf. it's really what makes his piece sos highly collectible. >> did try to play baseball at one time, too. the jersey, a significance to it? >> it is a...
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darren rovell is going to talk to cowboy's owner jerry jones about that big toy and the economics of pro football in this country which has gotten started in the past couple of weeks. also, the stock behind what could be another break through in diet drugs, ross, as we wrap up this 500-point week on the dow. >> if you put that in your living room, carl, how big would the couch have to be? >> you probably already have -- that's probably already in your living room, ross. we know what a technophile you are. >> how do you match the couch up? >> the remote is the size of a small horse, you know? >> you have to sit a long way away, i know that. carl, look forward to the show. thanks. >> okay. see you later. >> up next, u.s. markets tap the three-day winning streak on thursday. can we finish the week on a positive note? uuuuuuuuuuuuuuuuuu >>> wroib to "worldwide exchange." for a preview, we're joined by david. david, we saw a bit of a breather in the market yesterday. today we have quadruple witching. what do you expect to see when the market opens? >> well, i think today, i would probably
darren rovell is going to talk to cowboy's owner jerry jones about that big toy and the economics of pro football in this country which has gotten started in the past couple of weeks. also, the stock behind what could be another break through in diet drugs, ross, as we wrap up this 500-point week on the dow. >> if you put that in your living room, carl, how big would the couch have to be? >> you probably already have -- that's probably already in your living room, ross. we know what...
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Sep 23, 2009
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. >> or type in rovell's bolero, if you actually ask. >> becky, we should mention that the white house adviser ahead ovd g-20 summit coming up later in the week now is saying that the u.s. is still working toward an agreement with g-20 partners to phase out subsidies for fossil fuels, which will have an impact on a lot of the discussions you'll be listening to at the energy summit. >> the question is what does it mean for consumers down the road? are they going to pay more for energy surprises? is this something that would hit in 2012 when they roll off or read away? we have a number of ceos here to address that. we'll be getting all of their takes on what this is going to need for son umers. >> and that is not a green screen behind you. beck, the question, why not stay here, put the screen there and just say, i'm at the mayflower. who is going to know? >> shhh. don't give those ideas to anybody. >> this involves a train and going from the train station to the -- it just seems like -- >> wall, but it's now you get to meet everything and see good stories. weeky, we'll talk to you later
. >> or type in rovell's bolero, if you actually ask. >> becky, we should mention that the white house adviser ahead ovd g-20 summit coming up later in the week now is saying that the u.s. is still working toward an agreement with g-20 partners to phase out subsidies for fossil fuels, which will have an impact on a lot of the discussions you'll be listening to at the energy summit. >> the question is what does it mean for consumers down the road? are they going to pay more for...