ashley webster has been to the region. he knows this story better than anyone. : it was 2011 when i was there for three weeks. here we are back in the same situation and we have a president who refuses to step down. he just issued a statement about less than an hour ago saying he has no intention of stepping down. this was part of a speech that he gave last night to the country. a rambling speech in hich he said if the price for safeguarding legitimacy is my blood, then i am prepared to sacrifice my blood for the sake of stability and security of this homeland. he is not stepping down. what happened now? there is a main inducer of information. if something starts to happen, they will be in place to dictate what will exactly happened. there are a lot of different moving parts in this situation. why do they want him out? they believe he has had too much of a power grab. he was beyond judicial review. he is turning egypt into an islamic country. other parties are just not giving a say. on the other hand, there is concern that this would not be a coup. it is still ve

tracy byrnes and ashley webster continue to follow that story.ormer sec chairman harvey pitt weighs in on the newbie partisan call to break up the banks. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male annouer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ can help you do what you do... even better. [ fele announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it do

ashley webster, you have earnings? go ahead. >> yes i do, thank you. earnings per share we have 55 cents. this is third quarter results for starbucks. that beats eps estimates by two cents. on the revenue side essentially what was expected, 3.7 billion. actual estimate was 3.72 billion. global comparable store sales, the estimate for this was around five to 6%. actually coming in up 8%. so a lot of encouraging numbers here. we're looking in more. we'll look at revenue growth projection for next year from starbucks anywhere from 10 to 13% which is upper end of estimates. david: that may be why we're seeing a beat after-hours. >> decent numbers. david: larry, ended the day at $68 and change. now it is up over $71 after-hours. is it going to stick to that tomorrow? >> i think it will and i think it will continue. everybody talks about the great growth potential in latin america and asia. i say that's great. that's a kicker. to me i'm surprised by the u.s. growth. they made some very smart acquisitions. inexpensive acquisitions evolutionary fresh, et ceter

ashley: good afternoon, everybody, i'm ashley webster. tracy: i'm tracy byrnes.y on the fast track. an expedited hearing scheduled for this wednesday. who will get paid and who won't? fox news judge andrew napolitano is certainly going to weigh in on this. ashley: america's shale boom. we're kicking off a special week-long series looking at the nation's push for energy independence. we're almost there. legendary investor t. boone pickens joins us with his plan to relief the pain at the pump by getting the u.s. off opec oil and on to natural gas. tracy: and we're going to talk to an energy fund manager who has three stock picks that can make you money today off of america's energy future. you can't afford to miss this. ashley: first though, time for a look at these stocks. let's head down to nicole petallides on the floor of the new york stock exchange. the dow, drifting slightly lower, nicole, but modest gains for the major averages overall. >> light. so i peeked up just a moment ago, we've been back and forth in positive and negative territory watching not only

tracy byrnes and ashley webster will take us through the next hour of "markets now.. i want to make things more secure. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male annouer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ tracy: welcome back. i'm tracy byrnes. ashely: i'm ashley webster. the holiday week closing out with a bang on wall street. the dow rising up nearly 100 points, up 96 points at this stage, heading for its second straight winning week, earnings, season, oh, yeah, that is almost here and that could keep investors on edge. raymond james jeff saut will calm in this volatile market and he is coming up. tracy: american businesses building more jobs than last month and thousands more than april or may. how will that affect the federal reserve's plans to start t

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ashley: i'm ashley webster. record highs yet back in reach. 76 points at this stage. now trading within just a little over 100 points of its all-time high of 15, 409. top market strategist jeff klinetop tells us why he says more gains and yes, more wildness yet ahead. tracy: american small businesses are losing confidence in the u.s. economy. the national federation of independent business chief economist, bill dunkelberg, tells us what their biggest fears are coming up. ashley: pumping oil out of the ground using solar powered steam instead of natural gas. you may not know much about this but one american company is luring big funding and customers for its new technology. we'll meet the ceo. this is very cool. a solar story that is actually a success. that is great stuff. unlike other as we know. time for stocks as we go straight to nicole petallides on the floor of the new york stock exchange. nicole, another strong day. >> ashley, tracy, looking good, right? the stock market is holding on pretty nicely. the dow jones industrials above 15,30

i'm lori rothman. >> i'm ashley webster.it would be a slow holiday week, guess again. the dow starting off with a bang, up 114 points, though way off the session highs. but nasdaq and s&p adding 1% as well. oil prices we just heard in the last hour surging on new anxiety in egypt. is that warranted? market watcher james bianco what happens next is all up to the fed. he will be here in moments. >> immigration reform is a hot topic. a battle in congress. the u.s. chamber of commerce is on board. so are senate republicans but can it get back the house republicans one way or another? remember the house speaker said it is doa. greg valliere says no. ashley: not very optimistic. home shares are surging more than 40%. we will have the president of the vacation website how they plan to keep growing big. vacation, sounds good. it is facing a threat of new regulation. we'll get into that. people renting homes instead of going to hotels. there is lot of advantages. write is complicated as we will hear. ashley: can be. lori: a lost deta

ashley: i'm ashley webster.axes, higher government spending, the white house says president obama's new plan, well it has both and it will build american jobs but republicans not so sure. we're looking ahead for answers. >> no surprise there. american home prices are up a whopping 12% from last year. denver and dallas hitting all-time highs. that's right, higher than their pre-crash peaks. we'll ask s&p's dave blitzer if he thinks it is all too good to be true? that is coming up. ashley: one of today's biggest winners, commvault surging 10% on another stellar quarter. we'll have chairman and ceo bob hammer and he will tell us how they plan to keep up the explosive growth. you don't want to miss that. let's get to nicole petallides on the floor of the new york stock exchange. drifting slightly lower again today, nicole. >> ashley, tracy, we have economic news where we saw confidence dip and that is not good news. home prices improved so that was good news but you do we have a mixed market. tech stocks seem to be

ashley: i'm ashley webster.g news from the federal reserve is just moments away in under three minutes now. wall street and the world waiting to hear whether the fed will give any clues when and how it will start cutting back its bond buying. we will bring you the fed statement of course in just about 2 1/2 minutes. plus market reaction and analysis with our all-star panel. they're raring to go. check markets ahead of fed news. we're up across the board. we're certainly off session @ighs but certainly managing to stay in the green as investors wait to see what the fed has to say. only red arrow there is gold moving down $14.70 an ounce, down to $1310. meanwhile, as we say, the markets well off its highs which makes you wonder whether they're like, okay, let's wait and see if there is any clues from the fed. tracy: that is good question. we'll ask our panel. let's bring them in. joining uggs doug cotetae, ing financial management. scott brown. former dallas fed chief economist michael cox. anthony valari, lpl fin

ashley: i'm ashley webster.irting with all-time highs again on ben bernanke's comments so where should you be puttings your money now? we'll hear from one strategist, believe it or not, looking at europe. tracy: brave soul. house republicans flexing their muscles saying they won't take up the senate's immigration bill and they want to split the farm bill. how about that? those are fighting words. we'll get reaction from senator chuck grassley and ask him why he thinks the sale of smithfield foods to a chinese company could actually jeopardize our national security. ashley: small business, big ideas. in 10 years dark popcorn went from one small kitchen in new york city to '80 locations across the country. the company's ceo tells us how he takes on the competition, oh, yes, one kernel at a time. tracy: you went there, didn't you. you had to. we have breaking news on the federal budget. let's go straight to peter barnes down in washington. hey, peter? >> tracy, the federal government post ad big surplus in june and

ashley: i'm ashley webster.day on wall street as they brace for the fed meeting coming up later this week and corporate results. the dow is off nearly 50 points after barely eking out the fifth weekly gain in a row. we'll have biggest movers for you straight ahead. tracy: plus, let the spending begin. the white house is tooting its own horn about deficit cuts but wants to boost deficit spending yet again. the republicans no surprise want the opposite. how will it shape the deficit fight ahead. ashley: ad campaigns for legendary rivals like coke and pepsi and you under the same roof. omnicom or publicist teaming up trying to take power back from the online ad surge in silicon valley. we'll look at these deals and many more. it has been somewhat after merger monday straight ahead. there you go. tracy: sure has. ashley: time for the stocks moving a little lower. let's go to nicole petallides on the floor of the new york stock exchange. nicole? >> ashley and tracy, we're sseing the markets under pressure here, right

"wall street journal's" gerry seib breaks it all down next with tracy byrnes and ashley webster next th us. ashley: good afternoon, everybody, i'm ashley webster. tracy: i'm tracy byrnes. showdown in the senate. both parties working on a possible deal on president obama's most controversial nominees. the situation is very fluid. "wall street journal's" gerry seib will tell us why this fight is critical for american business, debt ceiling talks. we have all that ahead. ashley: oh, boy. sec laying out the case against former goldman trader, fabulous fab. they say he is figure of corruption and greed. his defense calls him a scapegoat. more details on the trial coming up. >> love it. the stock is up 70% since marisa mayer took over one year ago. are the company's worst days behind them? we'll take a closer look at all that. >> must feel like 10 years for her. tracy: i know. ashley: time for stocks. let's go to nicole petallides on the floor of the new york stock exchange. nicole, the selling picking up a bit. >> that's true, ashley and tracy. thedown volume exceeding the up volume signif

john hofmeister joins tracy byrnes and ashley webster next on fox business. markets now. s. ashley: welcome back, everybody, i'm ashley webster. tracy: and i'm tracy byrnes. high hopes for corporate results give stokes a positive monday. the dow is up about 97 points right now, back near session highs. it is trading within 200 points from its all-time high of 15,409. we'll tell you the biggest winners and plus what to expect from the second-quarter earnings results ahead. ashley: for the canadian train disaster sparking new debate over the safest way to transport oil. is it by rail or through a pipeline? former shell oil president john hofmeister, he will be along to share his take on this story coming up. tracy: we're still looking for answers in the deadly crash of that boeing 777 in san francisco. the national transportation safety board is briefing reporters this hour. we will undoubtedly bring you the very latest on that. >> first, it is the top of the hour. look at stocks. another day of lots of green on the screen. let's go to nicole petallides on the floor of the n

ashley: good afternoon, everybody, i'm ashley webster. tracy: i'm tracy byrnes. new records. the dow is up 24 points, closing in on 15,500. it is headed for its 26th record close of the year. ashley: is that all? one cautious size for investors, americans cutting back on spending in a surprisingly poor retail sales report. we'll ask one analyst what it means for that, oh so critical back-to-school season. that is straight ahead. tracy: what covers more than 70% of the planet but believe it or not some say surging demand and supply problems could turn it one day into the new liquid gold. is there money to be made in the water trade? we have a water investor that will share insights. everyone knows i'm slightly impressed with that. ashley: who was that water skiing? that was impressive. time for stocks. let's go to nicole petallides on the floor of the new york stock exchange. nicole, another day, ho hum, another record. >> you start with bacon, and i'm you show water skiers, because i'm a slalom water skier. i love that. approaching and getting closer to the all-ti

ashley: i'm ashley webster. motown city singing the blues.iling the largest municipal bankruptcy in u.s. history. now its employees, retirees, creditors, so many more are bracing for the impact while other cities in trouble no doubt are paying close attention. we'll the very latest on this mess ahead. tracy: the obamacare shift. restaurants, one of many industries hiring more part-time workers and fewer full-timers all because of health care. andy pozner, ceo of hardee's and carl's, jr. parent cke says the government has given american business little other choice. he is our special guest this hour. ashley: financials are under pressure but having a positive week on solid quarterly results. anton chutes tell us which banks are still in good shape and what is ahead for the entire industry. that is all straight ahead. with two hours to go the market averages head are to the fourth straight winning week although there is weakness on friday. nicole petallides on the floor of the new york stock exchange. nicole? >> tracy and ashley we're now looki

ashley: welcome back, everybody, i'm ashley webster. tracy: i'm tracy byrnes. d s&p both hit new intraday highs before letting go of some gains. steve wood tells us how he is playing thissrecord market in moments. ashley: he is in the studio smiling. he is optimistic. >>> new drama for dell. the company pulling a shareholder vote on its plan to go private for the last minute, well, because it didn't have the votes. now dell has six days to win more support. we'll look at its chances straight ahead. tracy: cincinnati office of the irs says don't blame the tea party for this scandal. what? a fiery hearing on capitol hill is looking for answers on who is to blame. details are coming up. >>> first top of the hour. the dow is is up 80 points. we have good earnings report. nicole on the floor of the new york stock exchange. people must be happy. >> if you're a bull out there, watching the 401k or ira you're really happy, right? you're hitting the dow hit all-time record intraday highs that is something. this is a day that goes down in history. today now the dow is up

ashley: i'm ashley webster.et cheaters, that is what the government is calling sac capital. the multibillion-dollar hedge fund hit to criminal fraud charges tied to quote, systemically insider trading. the latest and what is next for sac investors coming up. tracy: we had wild swings on stocks on earnings hits and misses. we'll have the biggest movers and a preview what is coming up after the bell. our special report also today, america's shale boom today. how investors can make money on the energy surge. we have two analysts that share their picks ahead. ashley: plus t. boone pickens told us earlier this week, fracking, it is safe for the environment. greenpeace executive director phil ratford responds. that is coming up. tracy: you can take a guess what he thinks. ashley: doesn't agree. tracy: time forgoing to the floor of the new york stock exchange. nicole with we're just flat-lining now. >> what a day we've had on wall street. back and forth action. news on sac. we're in the middle of earnings season. joble

this is ashley webster.ot, morsi was democratically elected and there was the sense that if someone is elected now in egypt and they are not liked by one group or another that we are going to see chaos in the streets rather than go to the polls and have that person removed through the vote as opposed to the military. how would you respond? >> democracy and there are the roots of democracy. the rules of democracies if you're democratically elected you cannot disobey your constitution. you cannot to retired judges. you cannot animate the business community. i mean, you cannot go against the people who voted for you and you cannot miss perform your job. when people talk about the military, is the first time in history i've seen a military coup down by 30 million people. three times the number that voted for morsi. so if he was elected by 9 million voters, 30 million went down and said we don't want him. you know, elected democratically . that is exactly what this guy did. so we're very happy. everyone is cheerf

ashley: i'm ashley webster.rt pleading not guilty to criminal charges that it was a hotbed for insider trading. the government is promising to deliver tremendous evidence proving sac's guilt. we have the latest straight ahead. tracy: we have two hours to go. stocks are down but well off the session lows. the dow and s&p about to break a four-week winning streak. next week brings the fed meeting, jobs report, way more earnings. we'll have a preview of all that coming up. ashley: we have a full plate. a special report on america's shale boom. two top energy players break down the surge in energy production and what it means for american businesses and economy. coming up clear view's kevin book and former shell oil president john hofmeister will be here to talk about that. tracy: that will be good. top of the hour time to talk stocks with nicole petallides on the floor of the new york stock exchange. we're still up but down from where we want to be. >> we're up for the year. we're higher up off the lows of the day

he joins tracy byrnes and ashley webster next.it. [ shapiro ] at legalzoom you can take care of virtually all your imptant legal matters in just minutes. prott youramily... d launch your dreams. at legalom.com we put the law on your side. d launch your dreams. trust your instincts to make the call. to treat my low testosterone, my doctor and i went with axiron, to the only underarmosterone, low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axs not fouse in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. repohese symptoms to your doctor. tell your doctor about all medical conditions and medications. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet or body swelling; enlarged

♪ >> i am ashley webster with beer fox business business brief.arter. americans favor renting. the pentagon reaching a $7 billion deal. community health systems is buying smaller health management associates in an effort to increase its base. a price tag of $3.9 billion. that is a discount. shares are down more than 10%. that is the very latest from the fox business network. giving you the power to prosper. ♪ dennis: they do not come cheap. technology stocks are on a tear. silicon valley insider and eight by eight insider brian martin joins me now. your company has been around since 87. you have been there since 90. you have seen a bubble or two. >> the attitude in silicon valley has always been about the tax. it is still about the tax. these days it is more about the dollars and cents that go with the technology. it is a very different attitude out there in the valley. dennis: tellis similarities and dissimilarities that you see. >> investors move stocks. a very volatile stock moves up and down with greater amplitude than the overall market. the

ashley: i am ashley webster, apple shares at the global smart phone market fell during the second quarter strategy analytic the tech giant second place ranking dropped to 14% market share. toyota speaking to the no. one spot as the top-selling automaker for the first half of the year. the japanese automaker of the sting gm despite a sales slump in china where sales were hurt by anti-japanese sentiment over a territorial dispute. a city that cannot afford to keep its street lights on is giving hundreds of millions of dollars to the detroit red wings, the same week the detroit files for bankruptcy the michigan state board unanimously approved the plans which will be funded with $284 million in tax dollars. that is the latest from the fox business network giving you the power to prosper. cheryl: fox business summertime showdown. every friday we have been picking two stock pickers against each other with two plays each and track them for a month and bringing them back, as jim for earthlink and rob morgan. in the end of june, we have the results. let's start with you. and you pick the packagin

ashley: i'm ashley webster. waiting on the fed.r to hear what the fed said behind closed doors about, oh, yeah, tapering those bond purchases. the fed minutes and market reaction just moments away. tracy: and serious concerns about china's takeover of american pork giant smithfield foods. now a senate committee wants answers from smithfield's ceo. we'll get them this hour. we're live from capitol hill ahead. ashley: a new controversy over planned capital rules for big banks. but first -- tracy: peter barnes, what have you got for us? >> tracy, the minutes from the june policy meeting show some fed members definitely interested in dialing back quantitative easing this year. in fact, the minutes say specifically about half of the fed members want to do it this year. many others it says want to continue quantitative easing into 2014 but let's get to some of the text here. the minutes repeat the obligatory line at that tapering will be data dependent for these fed members especially on job creation. quote, many members indicated furthe

. >> i'm ashley webster. well the fed's taper plans are to be determined.n ben bernanke post-traumatic stress disordering to congress that the end of easy money, will be quote, flexible. what does it all mean? breaking news on the fed's beige book just in moments. tracy: flexible, huh? well, gas prices jumping. trust me, i know, another two cents overnight. oil trading near 106 doll a barrel. petroleum institute chief jack girard says there are clear ways to ease the price pressure. why we're not doing them, i don't know. but he is our special guest this hour. he will tell us. ashley: serious questions about the obamacare delay and whether it amounts to breaking the law. republicans want to know if president obama is overstepping his powers. more on the escalating story. but we have the beige book. let's go to peter barnes. peter. >> ashley, let me go right to it. it says reports from the 12 federal reserve districts indicate that overall economic activity continued to increase at a modest to moderate pace since the last beige book six weeks ago and that is