liz: abby joseph cohen, thanks very much. have to ask because she is an iconic member of the wall street glitter rought at this. there you are abby joseph cohen. walking the halls are world leaders and former world leaders. earlier today we had a chance to sit down with former british prime minister tony blair. i asked him what is next for europe? we already had a major economic collapse in cyprus and could cyprus be the beginning of the dominoes falling? here is how he responded. >> i hope not but i don't think we're through this yet. truthfully the problem is, that the risks are as much political as economic. for countries to go through periods of very low or no growth, rising unemployment, and that having to make big structural reforms in labor market, pensions, welfare, state services this is really tough and if we can't get some growth back in the european economy, i think we have got a big, big challenge. liz: obviously you're not a leadership role now but do you sit here and think to yourself thank goodness i opted out

abby joseph cohen will be with us. explains why goldman sachs is upgrading its outlook for stocks this summer. that's coming up. >> also, is apple really losing its shine or are investors unjustifiably sour of the company's earnings. we'll decide the debate on apple, coming your way. stay with us. i know what you're thinking... transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you're ready for real business. >>> welcome become. apple shares lower today despite beating wall street's earnings expectation last night when the company reported. but take a look what's happened in the last couple of minutes. the stock is in positive territory, reversing earlier losses at $40

we have goldman sachs abby joseph cohen. she makes bold predictions where the market is going.s and what are the number one concerns. she is --, she does have those and talk about those. let's get to nicole petallides on the floor of the new york stock exchange. big news from apple today. it already has been out there. we to look to see the reaction. >> we have a bond sale for apple and we've seen apple moving to levels we haven't seen for a long time, 443. don't forget this was. nice move for apple. up six out of seven trading days. a winning day again. david: hi, nicole. david asman from new york. good to see let's talk about ibm up on the news uping their dividend buying back stocks. all that is good for the stock today? >> exactly. uping the dividend. 12%. they have raised their dividend 18 years in a row. so over 600% since 2000. that has been a real winner. buyback is always good news for shareholders. david: what goes up must come downtick larly talking about jcpenney. it came back down-to-earth, about 4% down. >> news, jcpenney can continue to sell martha stewart produc