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Mar 14, 2016
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from san francisco, it's hour number two with kelly evans and company. orrow, kel. >> thank you, bill, welcome to "closing bell. i'm kelly envaz in san francisco. we're taking a look across all of the major average, digesting with downward moves in the oil price again today. but you can see the impact there. the dow up about 15 points and broad index down, closing in the red today. the nasdaq only gaining one point for its part. joining us to talk about the market action, mike santoli and guy adami and ben willis will join us shortly. bring us up to speed. what do you think the market is digesting? >> you picked a good week to sit this one out. dry day weatherwise and it was really a holding pattern day when it came to the market. the stock market for over a week now is kind of refused all indications that it should have a more significant pullback, maybe a little bit of that happened below the surface but a low volume treading water and really waiting maybe for the fed meeting. we came in with 90% of stocks above the 50-day average for first time in almo
from san francisco, it's hour number two with kelly evans and company. orrow, kel. >> thank you, bill, welcome to "closing bell. i'm kelly envaz in san francisco. we're taking a look across all of the major average, digesting with downward moves in the oil price again today. but you can see the impact there. the dow up about 15 points and broad index down, closing in the red today. the nasdaq only gaining one point for its part. joining us to talk about the market action, mike...
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Mar 28, 2016
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i'm kelly evans here at post nine along with sara eisen and michael santoli. carl, david and jim are all off today. let's look at futures. the dow jones implied to open higher by about 39 points. the nasdaq up 13 on a week in which we broke the streak of gains of lows. overnight in asia, we can look at how those markets responded. japan's nikkei up about 0.75. the yen has strengthened for several sessions in a row. the shanghai composite giving up three quarters of 1%. european markets are closed for easter monday. the ten-year note yield, watching that for a gauge on growth and inflation. 1.9% is what we're talking about this morning. crude interestingly, a bit on the rebound, both brent and wti, still up less than 1%. brent is above the $40 mark. our road map starts with the last week of the quarter. the dow and s&p hugging the flat line for the year. where will we go from here? >> bernie sanders gaining momentum over the weekend and the candidates are descending on wisconsin ahead of the april 5th primary. >> and microsoft throwing its hat in the ring for y
i'm kelly evans here at post nine along with sara eisen and michael santoli. carl, david and jim are all off today. let's look at futures. the dow jones implied to open higher by about 39 points. the nasdaq up 13 on a week in which we broke the streak of gains of lows. overnight in asia, we can look at how those markets responded. japan's nikkei up about 0.75. the yen has strengthened for several sessions in a row. the shanghai composite giving up three quarters of 1%. european markets are...
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Mar 30, 2016
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i'm kelly evans. another rally across wall street, as we get closer to closing out the first quarter of the year. the nasdaq 22, and what's remarkable is how similar these gains are. all the major averaging up by half a percent today. we'll have more on that in a moment. we will talk to former lehman brothers cfo erin callen about her new book "i'm leaning in too far." this is the first time she'll speak about lehman since the firm collapsed. it's coming up. joining today's panel here at post 9, we have cnbc's senior markets commentator mike san tolli, and elan moi, and tim seymour joins us as well. is this still the afterglow from the colts yesterday? >> i think so, though in a measured way. it wasn't some kind of burst of enthusiasm where people said this changes the whole story. i see it as a removal of one potential negative, which was maybe a fed that was going to get xwashl and overaggressive. enough people were thinking that. also the dollar, the dollar index back down to levels where it stood
i'm kelly evans. another rally across wall street, as we get closer to closing out the first quarter of the year. the nasdaq 22, and what's remarkable is how similar these gains are. all the major averaging up by half a percent today. we'll have more on that in a moment. we will talk to former lehman brothers cfo erin callen about her new book "i'm leaning in too far." this is the first time she'll speak about lehman since the firm collapsed. it's coming up. joining today's panel here...
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Mar 17, 2016
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i'm kelly evans. >> happy st. paddy's day, kelly. >> the family was welsh on my paternal grandfather's side and maternal grandfather had some irish in him. >> this guy by the way knows more about it than anybody so -- >> like i said -- i'm bill griffeth, also welsh. we'll see if the stocks can hold on to gains. first we have breaking news on oil and gasoline. the man that's getting to be old bertha coombs what do you have? low gas prices is your favorite thing to see, really fueling demand and the fact we've had the pullback, oil demand in february according to the petroleum institute hit an 8-year high at 19 million barrels per day, that's up 2% but the real interesting number is gasoline of the we hit record levels for february. gasoline demand in february they said was at 9.1 million barrels a day, that is record demand for february. on pace we are at this point for record demand this year. according to the eia, already seen 9.4 million barrels day demand over the last four weeks. when it comes to gasoline, thin
i'm kelly evans. >> happy st. paddy's day, kelly. >> the family was welsh on my paternal grandfather's side and maternal grandfather had some irish in him. >> this guy by the way knows more about it than anybody so -- >> like i said -- i'm bill griffeth, also welsh. we'll see if the stocks can hold on to gains. first we have breaking news on oil and gasoline. the man that's getting to be old bertha coombs what do you have? low gas prices is your favorite thing to see,...
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Mar 15, 2016
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i'm kelly evans in san francisco. the open but made their comeback throughout the afternoon and dow closed higher by about 22 points. couldn't say the same for the s&p and nasdaq, gave up 4 points on the bell but nasdaq down half a percent today. we are just moments away from or ka kel's earnings report. we'll get instant analysis and reaction to those numbers coming up in just a moment. first though, let's introduce today's panel. joining me for more, senior markets comment ator michael santoli and bob pisani. i think i saw oracle flash. before we get to that, what did you make of the market today? >> like yesterday, waiting for the fed and cpi tomorrow. i will say below the surface, a little more ragged today. you had 3-1 down stocks to up stocks and prominent blow ups like valeant too. it was more of a sellers in control even though at the top line level it looked like a flat day. >> what are you thinking, kenny. >> i think mike is exactly right. it's all anticipation of not only the fed tomorrow and mac co-data bu
i'm kelly evans in san francisco. the open but made their comeback throughout the afternoon and dow closed higher by about 22 points. couldn't say the same for the s&p and nasdaq, gave up 4 points on the bell but nasdaq down half a percent today. we are just moments away from or ka kel's earnings report. we'll get instant analysis and reaction to those numbers coming up in just a moment. first though, let's introduce today's panel. joining me for more, senior markets comment ator michael...
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Mar 29, 2016
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. >> kelly evans at the new york stock exchange. >> and i'm bill griffeth. drama at google. multiple units with their own ceos. the structure could be causing some headaches internally. will shareholders feel the pain though externally? we have details in a couple of management gurus to assess the situation there. >>> warren buffett's stake in wells fargo reaching 10%. now open to more scrutiny from the federal reserve. we'll have more on what this means to billionaire coming up. >> 10% of wells fargo, that is major money we're talking about right there. >> and the fbi hacking into the iphone of one of the san bernardino phones without apple's help. it's the outcome and is it a bigger black eye for apple or the government? we'll have both sides of the debate. who loses the most in the outcome of this whole situation, apple versus the fbi? >> the broader market is getting a nice boost after janet yellen said caution is warranted. >> gold rallying under comments dollar went low are and yields went lower. financials, which of course would typically benefit, they are under press
. >> kelly evans at the new york stock exchange. >> and i'm bill griffeth. drama at google. multiple units with their own ceos. the structure could be causing some headaches internally. will shareholders feel the pain though externally? we have details in a couple of management gurus to assess the situation there. >>> warren buffett's stake in wells fargo reaching 10%. now open to more scrutiny from the federal reserve. we'll have more on what this means to billionaire...
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Mar 8, 2016
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i'm kelly evans. >> i'm bill griffeth.oday the energy sector is the biggest loser after being the biggest winner yesterday. we'll tell you what's behind that reversal and the next hour by the way, chevron ceo will be here for a live exclusive interview and questions continue to swirl around the company. they've cut back on their capex and investment in their own business and you wonder about the dividend. john watson still maintains it is safe. >> a big project of theirs came online. we'll talk about all of that and more and global investment strategy with rick rieder and mohamed el-erian. >> the drama at united continental airlines continues, activists looking for board changes as the ceo is set to return. david faber and phil lebeau will join us. >> i think we got him even to come down to the stock exchange. >> just flew in. >> you can see on screen, just breaking in the last hour, whitney tillson is back shorting lumber liquid ators, he'll explain why the shares are down another 9%. it was about a year ago that that fir
i'm kelly evans. >> i'm bill griffeth.oday the energy sector is the biggest loser after being the biggest winner yesterday. we'll tell you what's behind that reversal and the next hour by the way, chevron ceo will be here for a live exclusive interview and questions continue to swirl around the company. they've cut back on their capex and investment in their own business and you wonder about the dividend. john watson still maintains it is safe. >> a big project of theirs came...
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Mar 29, 2016
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i'm kelly evans with simon hobbs and michael santoli live from post nine at the new york stock exchange. futures looking for a lower open. the dow implied to open lower by 63 points. the s&p 500 giving up six. the nasdaq ten. european markets kicking off their shortened trading week after the easter monday holiday yesterday and doing s in negative territory. the dax down about 0.4%. declines for the ftse 100 about the same. france bucking the trend, up about 0.3. the ten-year note, a gauge of risk sentiment across the markets. the yield falling. wti crude, almost down 3% today. the latest s&p case-shiller home price report has been released. prices nationally up 5.4% in january from a year earlier. >>> our road map starts today with apple. the fbi dropping its case reported it was able to break into the san bernardino gunman's phone. we talk to apple experts about what this means for online security, apple customers and laws going forward. >> and fed anticipation day. john williams urging the central bank to stay on track with rate hikes. janet yellen speaks this afternoon. how hawkish
i'm kelly evans with simon hobbs and michael santoli live from post nine at the new york stock exchange. futures looking for a lower open. the dow implied to open lower by 63 points. the s&p 500 giving up six. the nasdaq ten. european markets kicking off their shortened trading week after the easter monday holiday yesterday and doing s in negative territory. the dax down about 0.4%. declines for the ftse 100 about the same. france bucking the trend, up about 0.3. the ten-year note, a gauge...
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Mar 4, 2016
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i'm kelly evans. >> tgif, i'm bill griffeth. an hour ago we would have been talking about a good rally but it has been fading i guess in spite of the stronger than expected february jobs report out this morning. that data helped to ease concerns for some and maybe the economy was heading towards a recession. we have all kinds of per mutations about that but we'll get to that. >> energy stocks helping to drive the gains led by a rally in oil prices. $36 a barrel for wti, up 9% on the week the oil price. the energy sector solidly in the green for the year. is there still an opportunity here? we'll talk about that coming up. >> plus, a little bit later an exclusive interview with front-runner hillary clinton. we'll get her reaction to last night's republican presidential debate and latest developments in the controversy over her personal e-mail server and her positions on trade and the economy. that's coming up in a little bit. >> marco rubio claiming donald trump's companies have hurt small businesses we've got to two small busine
i'm kelly evans. >> tgif, i'm bill griffeth. an hour ago we would have been talking about a good rally but it has been fading i guess in spite of the stronger than expected february jobs report out this morning. that data helped to ease concerns for some and maybe the economy was heading towards a recession. we have all kinds of per mutations about that but we'll get to that. >> energy stocks helping to drive the gains led by a rally in oil prices. $36 a barrel for wti, up 9% on the...
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Mar 18, 2016
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i'm kelly evans on this friday. >> i'm bill griffeth. we begin with breaking news ste steve liesman has details. >> he talks about whether he wonders zero interest rate policy, putting interest rates at zero could lead to a period of low rates and low inflation for a long period of time. then he brings -- wonders about this new idea and said we need to studly more, if the fed were to raise rates it could increase in inflation. he doesn't conclude that would happen but we need to think about that. he repeats kind of the normal argue amount for raising rates and says f1 policy remains extreme and inflation is close to target. not strictly endorsing but saying that's the normal argument for why rates should be normalized. former federal reserve chairman ben bernanke out with a blog about negative interest rates and says the fed is not out of ammunition but there are signs monetary policy is reaching its limits. they include lowering rates but not much to do there. a quarter point. forward guidance could be powerful. more quantityive easing
i'm kelly evans on this friday. >> i'm bill griffeth. we begin with breaking news ste steve liesman has details. >> he talks about whether he wonders zero interest rate policy, putting interest rates at zero could lead to a period of low rates and low inflation for a long period of time. then he brings -- wonders about this new idea and said we need to studly more, if the fed were to raise rates it could increase in inflation. he doesn't conclude that would happen but we need to...
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Mar 3, 2016
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i'm kelly evans. >> and i'll bill griffith, low volatility, trying to extend the win streak to a third straight day. the dow hasn't been in very wide range, down about 79 early in the session, up about what did i say 23 points at its peak, steady comeback. we'll see what we do in the final hour of trade. the final hour before tomorrow's jobs report. >> by the way, the final hour before tonight's debate and everyone around here in the past hour while the market has moved back into positive territory captivated by donald trump. >> yes, they were. >> just a correlation. >> yes, they were. >> the energy sector is leading the comeback outperforming the broader market after oil prices rally from losses and settled nearly $35 a barrel and there's the energy sector up 1.3% on the day. >> technology and health care, the two minus signs in that tally today. not all good news in the energy sector. natural gas prices plunging to the lowest levels in 17 years, despite a larger than expected decline in supplies. coming up, we'll look at the fallout that could have for the pipeline operators. >> plus
i'm kelly evans. >> and i'll bill griffith, low volatility, trying to extend the win streak to a third straight day. the dow hasn't been in very wide range, down about 79 early in the session, up about what did i say 23 points at its peak, steady comeback. we'll see what we do in the final hour of trade. the final hour before tomorrow's jobs report. >> by the way, the final hour before tonight's debate and everyone around here in the past hour while the market has moved back into...
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Mar 7, 2016
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i'm kelly evans. >> i'm bill griffeth, brent is back to $40 a barrel and wti is at almost $38, numberse haven't seen since the beginning of this year. some of the beaten down energy and commodity names are also seeing big gains in today's session. we'll look at the impact this could have on the broader market coming up. a lot of things are going on. >> look at double digit moves today. wall bonuses, they could fall even further this year. we'll get you details on that. >> john skully is with us today and says donald trump is a master of perception. however, he says that donald could shift that strategy if he wins the republican nomination for president. john skully will be here live to explain that in a few minutes. >> we have a michigan one coming up on wednesday. >> and shake shack, will the chicken shack help the company deliver on wall street expectations, we'll have the earnings report after the bell. people love to point out burgers are delicious but stock trades at a high multiple. >> and playing top 40 for next couple hours here. let's start with the markets and this rebound in
i'm kelly evans. >> i'm bill griffeth, brent is back to $40 a barrel and wti is at almost $38, numberse haven't seen since the beginning of this year. some of the beaten down energy and commodity names are also seeing big gains in today's session. we'll look at the impact this could have on the broader market coming up. a lot of things are going on. >> look at double digit moves today. wall bonuses, they could fall even further this year. we'll get you details on that. >> john...
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. >> it comes a day after he talks to kelly evans in san francisco about twitter and square.ara, how might twitter benefit from doing more broader media? >> that's not a bad idea to get out there and do those things. they have bigger issues than that. you have been hearing the private equity rumors. stock continues to be weak. advertisers are trying to figure it out. he should go out and try to put out twitter anywhere he can and the "today" show is a consumer focused broader audience and there's nothing wrong with that, to do that. it's a good idea. >> he was asked very clearly cara if he would be on the "today" show for twitter's 15th birthday talking about the company and he said we'll be here on the 20th birthday. it's 30th birthday. it's a fundamental service. but the question is whether other services are becoming more fundamental to us as users. what do you think? >> i'm not sure what else he is going to say. no, no, i'll be sold by then. sure, today show people. no, i think you're right. snapchat, for example, i continue to be amazed by the features they keep adding t
. >> it comes a day after he talks to kelly evans in san francisco about twitter and square.ara, how might twitter benefit from doing more broader media? >> that's not a bad idea to get out there and do those things. they have bigger issues than that. you have been hearing the private equity rumors. stock continues to be weak. advertisers are trying to figure it out. he should go out and try to put out twitter anywhere he can and the "today" show is a consumer focused...
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Mar 30, 2016
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. >>> first i want to congratulate kelly evans for a fantastic interview with alan callen.job. let's talk about two things i didn't talk enough about. banks tonight do that well in this environment. they are so oversold they were due for a bounce. that's what i think wells fargo did. i wouldn't bet against warren buffett. my charitable trust owns that stock. you see what happened when oil got to 40, 42. oil comes to the market. rusty brazil, the guy i used from rbn has laid this out. there are a lot of fields that get opened up as soon as we go to 40. it's self-fulfilling. you don't need to sell the airlines because oil went up. there is always a bull market somewhere. i promise to find it for you on "mad money." i'm jim cramer and i will see you tomorrow. tilman: tonight on "billion dollar buyer"... we could throw a $100,000 order at you - every 90 days. - boom. tilman: ...i'm bringin' my buying power to austin, texas, where i'll give two small companies a shot at the big time. a glassblower who may be more artist than businesswoman. when you talk about these two hands - a
. >>> first i want to congratulate kelly evans for a fantastic interview with alan callen.job. let's talk about two things i didn't talk enough about. banks tonight do that well in this environment. they are so oversold they were due for a bounce. that's what i think wells fargo did. i wouldn't bet against warren buffett. my charitable trust owns that stock. you see what happened when oil got to 40, 42. oil comes to the market. rusty brazil, the guy i used from rbn has laid this out....
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Mar 11, 2016
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i'm kelly evan, four straight weeks of gains.the lows on february 11th, it's been a strong rebound, adding 215 points and s&p up 32, 1.6% gain and nasdaq up 86 points, 1.9% gain. crude oil was green again and transports which we've been watching closely. up 174 points. joining today's panel we have senior mashlgts commentator mike santoli and evan newmark. for more on market action, david sea berg joins the fray as well. how much of this do we attribute to the european central bank or not? is this about entirely different factors. >> this last lag was a reevaluation of the ecb and maybe an evaluation that it would unclog credit or take a lot of interest bearing instruments and corporate credit off the market and do what qe is supposed to do. up 200 points in the s&p since february 11th. over 200 points from interday low. we're up on something besides what the ecb did yesterday. i can certainly see the pain trade was higher from this level up, i don't know if it's still going to be that painful but it's been all week the market wa
i'm kelly evan, four straight weeks of gains.the lows on february 11th, it's been a strong rebound, adding 215 points and s&p up 32, 1.6% gain and nasdaq up 86 points, 1.9% gain. crude oil was green again and transports which we've been watching closely. up 174 points. joining today's panel we have senior mashlgts commentator mike santoli and evan newmark. for more on market action, david sea berg joins the fray as well. how much of this do we attribute to the european central bank or not?...
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Mar 31, 2016
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hour two of "the closing bell" with kelly evans.ee you tomorrow, kel. >> welcome, stocks couldn't go out with the gain to close out the quaurer, the dow down 26 points, well off the lows but nevertheless a decline. the s&p down 4. nasdaq, 4870. we'll talk about that in a moment. it's been the weakest quarter for trading revenue for the banks since 2009 and we'll talk about the broader impact of the banking woes on the economy coming up. first though joining me on today's panel, senior markets commentators michael santoli and stephanie link from global asset management. steve grasso also joining us off the floor here in just a moment. lots of stock specific things to talk about, from ibm to ge fit bit was having an interesting day but an opportunity to say what did we just live through in the first quarter? >> it seemed you have going to have a global rupture and the melt up that came afterward, mostly an exhale. and most stocks were up in first quarter, even though index is above the flat line. all bonds were up. all of these things
hour two of "the closing bell" with kelly evans.ee you tomorrow, kel. >> welcome, stocks couldn't go out with the gain to close out the quaurer, the dow down 26 points, well off the lows but nevertheless a decline. the s&p down 4. nasdaq, 4870. we'll talk about that in a moment. it's been the weakest quarter for trading revenue for the banks since 2009 and we'll talk about the broader impact of the banking woes on the economy coming up. first though joining me on today's...
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Mar 28, 2016
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carl is out today but jon fortt, kelly evans both here. good morning.lso joining us from palo alto today, tim draper, founding partner. first up as we look at a relatively calm day in the markets, we have to look at yahoo!. the internet business could be in a combination of microsoft and private equity firms. discussions are in the preliminary stage with microsoft potentially providing some backing. i also want to give you a little bit of news this morning, because i spoke with some folks familiar with the sales process at yahoo!. that was categorized as being in the militantiddle, of the first with first round bids not having come in yet. but according to the person familiar with the process, it is on schedule per the sales committee, and the level of interest, i'm told, is high. but, of course, anyone working with a company to try and drum up interest is going to say it is high. but certainly, that is going to be interesting to watch as investors say the sales process is not going quickly enough. but tim draper, i want to ask you about this microsoft
carl is out today but jon fortt, kelly evans both here. good morning.lso joining us from palo alto today, tim draper, founding partner. first up as we look at a relatively calm day in the markets, we have to look at yahoo!. the internet business could be in a combination of microsoft and private equity firms. discussions are in the preliminary stage with microsoft potentially providing some backing. i also want to give you a little bit of news this morning, because i spoke with some folks...
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Mar 15, 2016
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. >> of course, that was an interview with our kelly evans on "closing bell" and today in pearson's firster bad news. the company issued 2016 guidance below expectations and is still unclear when it will final its 10k and now several federal inquiries and the $30 billion in debt still on its plate valeant still has a long way to go to regain investor confidence, and it didn't keep the pain to itself today. other special companies are also sinking in sympathy, mel. back to you. >> all right, thank you, meg. >>> the short seller who called the decline in valeant back in october is here with us now. the executive editor of citron research joins us and great to have you again. >> nice to see you. >> what's next for valeant at this point. >> file the 10k and get their house in order and find out how to move on and forget about the stock price and work on internal controls that are of most importance to them. >> that sounds like mike pearson's to-do list and when do you think actually happens. >> it was more of an unwind of the whole platform strategy and how valeant goes about repairing their
. >> of course, that was an interview with our kelly evans on "closing bell" and today in pearson's firster bad news. the company issued 2016 guidance below expectations and is still unclear when it will final its 10k and now several federal inquiries and the $30 billion in debt still on its plate valeant still has a long way to go to regain investor confidence, and it didn't keep the pain to itself today. other special companies are also sinking in sympathy, mel. back to you....
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Mar 14, 2016
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moments ago kelly evans sat down with the c.o.o. $19 billion investment fund valueact and spoke of oneconsumer play. take a listen. >> the only high quality business that we have found in the last 12 months is rolls-royce which where the stock is down by half, as the earnings come down because they are putting more engines on wing and they lose money on the engine shipment but they are putting in place a 20-year recurring revenue stream in the aftermarket so from here to 2020 we think there's $6 billion of incremental market revenues available to rolls-royce and we think that the pricing is rational because really there's only two players now on the market. >> want to revise that a little bit because the rolls royce he makes reference to makes airplane engines. >> it's been a hot sector, but they have been sitting out so they haven't gotten a lot of contracts and the stock has consequently gotten killed except valueact went on the board in early march. they are the an tut sis of "fast money." they will probably be here when the 20-year plan is over. looks expense i have to me. i'm not
moments ago kelly evans sat down with the c.o.o. $19 billion investment fund valueact and spoke of oneconsumer play. take a listen. >> the only high quality business that we have found in the last 12 months is rolls-royce which where the stock is down by half, as the earnings come down because they are putting more engines on wing and they lose money on the engine shipment but they are putting in place a 20-year recurring revenue stream in the aftermarket so from here to 2020 we think...
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Mar 31, 2016
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callan spoke exclusively with our own kelly evans on "closing bell" last night, who asked whether sheelt she was picked to fall on the sword. >> if you really look at it practically speaking, nobody wanted me to fail. everybody's income, livelihood were tied up in lehman stock. there was no incentive to have me fail. do i think at some point it was easier for me to be the public face of the firm and as a result i was associated with the entire performance of the firm? yeah, absolutely. and i talk about that. but i don't think there was any kind of conspiracy theory or idea that people wanted me to fail. >> obviously notable because she has not spoken up until now. and neither really has any of the major lehman brothers executives. so a lot of interest in this. what i also thought was interesting was her tone and her memoir and her message in stark contrast to what we have heard. remember dick fuld spoke last year at some point at a banking conference. he really sort of stuck to a defensive stance that lehman brothers was not bankrupt, sort of defended the firm, should not have fallen,
callan spoke exclusively with our own kelly evans on "closing bell" last night, who asked whether sheelt she was picked to fall on the sword. >> if you really look at it practically speaking, nobody wanted me to fail. everybody's income, livelihood were tied up in lehman stock. there was no incentive to have me fail. do i think at some point it was easier for me to be the public face of the firm and as a result i was associated with the entire performance of the firm? yeah,...
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i'm kelly evans. >> happy st. y paternal grandfather's side and maternal grandfather had some irish in him. >> this guy by the way knows more about it than anybody so -- >> like i said -- i'm bill griffeth, also welsh. we'll see if the stocks can hold on to gains. first we have breaking news on oil and gasoline. the
i'm kelly evans. >> happy st. y paternal grandfather's side and maternal grandfather had some irish in him. >> this guy by the way knows more about it than anybody so -- >> like i said -- i'm bill griffeth, also welsh. we'll see if the stocks can hold on to gains. first we have breaking news on oil and gasoline. the
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Mar 7, 2016
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i'm kelly evans. >> i'm bill griffeth, brent is back to $40 a barrel and wti is at almost $38, numbersis year. some of the beaten down energy and commodity names are also seeing big gains in today's session. we'll look at the impact this could have on the broader market coming up. a lot of things are going
i'm kelly evans. >> i'm bill griffeth, brent is back to $40 a barrel and wti is at almost $38, numbersis year. some of the beaten down energy and commodity names are also seeing big gains in today's session. we'll look at the impact this could have on the broader market coming up. a lot of things are going
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Mar 16, 2016
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i'm bill griffeth along with kelly evans. the headline is no rate increase to this point. >> and lowering of the long-term projections about what might happen both with rates and with growth. the reaction you can see immediately playing out. the dow is up about 100 points after having been in the red before this decision. now it's up about 88. the s&p is up 11, nasdaq is up 34. >> dollar index hit a one-month low. gold up, what, 2.5%, thereabouts. wti, oil, with a gain of almost 6%. as that adjusts from some recent lows there. so we're seeing most of the movement in the commodities and in the currency markets, not so much in the equity market. >> many of the questioners puzzling over how the fed -- having been three months ago, bill, talking about better growth prospects. stanley fisher's rhetoric, and so much else, now a very different kind of sentiment. >> let's kick it around, see if we can figure out what's on the mind of the federal reserve board right now. michelle meyer from bank of america merrill lynch, keith fitzger
i'm bill griffeth along with kelly evans. the headline is no rate increase to this point. >> and lowering of the long-term projections about what might happen both with rates and with growth. the reaction you can see immediately playing out. the dow is up about 100 points after having been in the red before this decision. now it's up about 88. the s&p is up 11, nasdaq is up 34. >> dollar index hit a one-month low. gold up, what, 2.5%, thereabouts. wti, oil, with a gain of almost...
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Mar 23, 2016
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i'm kelly evans, right across the board pretty much, here's hour we're finishing up the session, givinghalf a percent, the s&p down about two thirds of 1%, 13 points or thereabouts, nasdaq down 1.1%, up 512 points. lots of evidence of a risk-off attitude. oil prices low, treasury yields we're keeping a close eye on here, too. joining today's panels. senior markets commentator mike san tolli along with carol roth, and for more on today's action, tim seymour. welcome, guys. mike, first i know they say it's lightened trading this week, it's a shortened, holiday week, but still unnotable change today from what we have seen in terms of the rally. >> yeah, the past couple days has been a very subtle gentle low volume pullback below the service. that's been that kind of counterpart to the equity rally. everybody was saying we're doing for a pullback, and that's true. i think a lot of the fact that people are skeptical of it has a chance for the pullbacksing to relatively contained. >> well, relatively contained until we start getting more and more earnings. i think that that's going to really
i'm kelly evans, right across the board pretty much, here's hour we're finishing up the session, givinghalf a percent, the s&p down about two thirds of 1%, 13 points or thereabouts, nasdaq down 1.1%, up 512 points. lots of evidence of a risk-off attitude. oil prices low, treasury yields we're keeping a close eye on here, too. joining today's panels. senior markets commentator mike san tolli along with carol roth, and for more on today's action, tim seymour. welcome, guys. mike, first i know...
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Mar 8, 2016
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i'm kelly evans. >> i'm bill griffeth.he energy sector is the biggest loser after being the biggest winner yesterday. we'll tell you what's behind that reversal and the next hour by the way, chevron ceo will be here for a live exclusive interview and questions continue to swirl around the company. they've cut back on their capex and investment in their own business and you wonder about the dividend. john watson still maintains it is safe. >> a big project of theirs came online. we'll talk about all of that and more and global investment
i'm kelly evans. >> i'm bill griffeth.he energy sector is the biggest loser after being the biggest winner yesterday. we'll tell you what's behind that reversal and the next hour by the way, chevron ceo will be here for a live exclusive interview and questions continue to swirl around the company. they've cut back on their capex and investment in their own business and you wonder about the dividend. john watson still maintains it is safe. >> a big project of theirs came online....
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Mar 24, 2016
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i'm kelly evans. >> and i'm bill griffeth, stocks on track to break the five-week winning streak. we're down for the week and this is the last trading day of the week and last trading hour. we'll look at what's causing the five week rally to fizzle out. >> new rules to curb wall street bonuses are expected next month. we'll tell you what they are and which firms could be impacted the most. >> now, would you pay 10 cents to read an article online? how about 50 cents? we're going to introduce you to the company trying to be the itunes for print news, if you will, coming up. they are already in europe being introduced here in the united states. >> and offering refunds if you don't like the article too. >> is that right? really, that's interesting. >> after the bell, hall of fame basketball star bill walton will discuss his new book and whether nike blew it when it lost steph curry to rival underarmour. if you haven't read it, i highly recommend it coming up next hour. >> do you think bill will have an opinion? >> did you ever see a cat fight a big? ever been to tucson in july? where
i'm kelly evans. >> and i'm bill griffeth, stocks on track to break the five-week winning streak. we're down for the week and this is the last trading day of the week and last trading hour. we'll look at what's causing the five week rally to fizzle out. >> new rules to curb wall street bonuses are expected next month. we'll tell you what they are and which firms could be impacted the most. >> now, would you pay 10 cents to read an article online? how about 50 cents? we're...
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Mar 31, 2016
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. >>> hi, everybody, welcome to "closing bell" i'm kelly evans. >> and i'm bill griffeth, one more hourin the first quarter of 2016. crazy day. there's a new report out that says the global banking system faces disruption that could cost 30% of u.s. bank jobs over the next decade. we have details on that rather troubling story for that industry at least coming up. >> and google bought nest but the unit could be a major place for major pr headaches. >>> tesla shares are popping as
. >>> hi, everybody, welcome to "closing bell" i'm kelly evans. >> and i'm bill griffeth, one more hourin the first quarter of 2016. crazy day. there's a new report out that says the global banking system faces disruption that could cost 30% of u.s. bank jobs over the next decade. we have details on that rather troubling story for that industry at least coming up. >> and google bought nest but the unit could be a major place for major pr headaches. >>>...
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Mar 29, 2016
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. >> kelly evans at the new york stock exchange. >> and i'm bill griffeth. drama at google.ple units with their own ceos. the structure could be causing some headaches internally. will shareholders feel the pain though externally? we have details in a couple of management gurus to assess the situation there. >>> warren buffett's stake in wells fargo reaching 10%. now open to more scrutiny from the federal reserve. we'll have more on what this means to billionaire coming
. >> kelly evans at the new york stock exchange. >> and i'm bill griffeth. drama at google.ple units with their own ceos. the structure could be causing some headaches internally. will shareholders feel the pain though externally? we have details in a couple of management gurus to assess the situation there. >>> warren buffett's stake in wells fargo reaching 10%. now open to more scrutiny from the federal reserve. we'll have more on what this means to billionaire coming
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Mar 11, 2016
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. >> hi, everybody, i'm kelly evans. >> do us a favor and turn the volume up, she's going to need to couple of hours here. >> i'm just channelling my best angie harmon. >> it's working. welcome back. >> thank you. >> we're closing out the week with a rally in equities. the broad market will debate whether oil has officially finally hit bottom and look ahead to the next fed meeting. the dow is up 1%, that's off the highs of the day. we were up more th
. >> hi, everybody, i'm kelly evans. >> do us a favor and turn the volume up, she's going to need to couple of hours here. >> i'm just channelling my best angie harmon. >> it's working. welcome back. >> thank you. >> we're closing out the week with a rally in equities. the broad market will debate whether oil has officially finally hit bottom and look ahead to the next fed meeting. the dow is up 1%, that's off the highs of the day. we were up more th
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Mar 4, 2016
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i'm kelly evans. >> tgif, i'm bill griffeth. would have been talking about a good rally but it has been fading i guess in spite of the stronger than expected february jobs report out this morning. that data helped to ease concerns for some and maybe the economy was heading towards a recession. we have all kinds of per mutations about that but we'll get to that. >> energy stocks helping to drive the gains led by a rally in oil prices. $36 a barrel for
i'm kelly evans. >> tgif, i'm bill griffeth. would have been talking about a good rally but it has been fading i guess in spite of the stronger than expected february jobs report out this morning. that data helped to ease concerns for some and maybe the economy was heading towards a recession. we have all kinds of per mutations about that but we'll get to that. >> energy stocks helping to drive the gains led by a rally in oil prices. $36 a barrel for
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Mar 30, 2016
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aisle kelly evans at the new york stock exchange irnts and i'm bill griffeth.s rallying again today. the janet yellen impact is starting to recede just a bit. as we approach earnings season, new data shows that things could get ugly. we're not talking about just the energy sector. we have details you'll want to pay attention to. just a couple hours ago dug
aisle kelly evans at the new york stock exchange irnts and i'm bill griffeth.s rallying again today. the janet yellen impact is starting to recede just a bit. as we approach earnings season, new data shows that things could get ugly. we're not talking about just the energy sector. we have details you'll want to pay attention to. just a couple hours ago dug
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Mar 18, 2016
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i'm kelly evans on this friday. >> i'm bill griffeth.liesman has details. >> he talks about whether he wonders zero interest rate policy, putting interest rates at zero could lead to a period of low rates and low inflation for a long period of time. then he brings -- wonders about this new idea and said we need
i'm kelly evans on this friday. >> i'm bill griffeth.liesman has details. >> he talks about whether he wonders zero interest rate policy, putting interest rates at zero could lead to a period of low rates and low inflation for a long period of time. then he brings -- wonders about this new idea and said we need
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Mar 28, 2016
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i'm kelly evans. the dow a gain of 20 points on the bell there, about a tenth of a percent, 17,535 and s&p broadly adding a point. it did close above the 2030 level and 2037 up a point and nasdaq down six. couldn't hang on. it was in red territory most of the session, $474 4766 is the l there. volatility is higher and transports were down 67 points, kara swisher will be with us to discuss netflix's slowing speed. first we have mike santoli here along with john fortt for more on the market action. guy adami joins the fray as well. haven't seen you in ages. mike, kick things off for us. in the last hour, the shooting on capitol hill, stocks almost turned negative, at least the dow did, managed to stay in positive territory today and we're still waiting to find out exactly what happened. >> really a low volume, narrow range today but the market sort of refuses to go along with this idea that it has to pull back more seriously, only 1% below the recent highs, i don't know if that means because we have eur
i'm kelly evans. the dow a gain of 20 points on the bell there, about a tenth of a percent, 17,535 and s&p broadly adding a point. it did close above the 2030 level and 2037 up a point and nasdaq down six. couldn't hang on. it was in red territory most of the session, $474 4766 is the l there. volatility is higher and transports were down 67 points, kara swisher will be with us to discuss netflix's slowing speed. first we have mike santoli here along with john fortt for more on the market...
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Mar 24, 2016
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i'm kelly evans. >> and i'm bill griffeth, stocks on track to break the five-week winning streak.ast trading day of the week and last trading hour. we'll look at what's causing the five week rally to fizzle out. >> new rules to curb wall street bonuses are expected next month. we'll tell you what they are and which firms could be impacted the most. >> now, would you pay 10 cents to read an article online? how about 50 cents? we're going tont
i'm kelly evans. >> and i'm bill griffeth, stocks on track to break the five-week winning streak.ast trading day of the week and last trading hour. we'll look at what's causing the five week rally to fizzle out. >> new rules to curb wall street bonuses are expected next month. we'll tell you what they are and which firms could be impacted the most. >> now, would you pay 10 cents to read an article online? how about 50 cents? we're going tont
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Mar 3, 2016
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i'm kelly evans. >> and i'll bill griffith, low volatility, trying to extend the win streak to a thirdaight day. the dow hasn't been in very wide range, down about 79 early in the session, up about what did i say 23 points at its peak, steady comeback. we'll see what we do in the final hour of trade. the final hour before tomorrow's jobs report. >> by the way, the final hour before tonight's debate and everyone around here in the past hour while the
i'm kelly evans. >> and i'll bill griffith, low volatility, trying to extend the win streak to a thirdaight day. the dow hasn't been in very wide range, down about 79 early in the session, up about what did i say 23 points at its peak, steady comeback. we'll see what we do in the final hour of trade. the final hour before tomorrow's jobs report. >> by the way, the final hour before tonight's debate and everyone around here in the past hour while the
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Mar 29, 2016
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i'm kelly evans with simon hobbs and michael santoli live from post nine at the new york stock exchangeplied to open lower by 63 points. the s&p 500 giving up six. the nasdaq ten. european markets kicking off their shortened trading week after the easter monday holiday yesterday and doing s in negative territory. the dax down about 0.4%. declines for the f
i'm kelly evans with simon hobbs and michael santoli live from post nine at the new york stock exchangeplied to open lower by 63 points. the s&p 500 giving up six. the nasdaq ten. european markets kicking off their shortened trading week after the easter monday holiday yesterday and doing s in negative territory. the dax down about 0.4%. declines for the f
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Mar 28, 2016
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i'm kelly evans here at post nine along with sara eisen and michael santoli. today. let's look at futures. the dow jones implied to open higher by about 39 points. the nasdaq up 13 on a week in which we broke the streak
i'm kelly evans here at post nine along with sara eisen and michael santoli. today. let's look at futures. the dow jones implied to open higher by about 39 points. the nasdaq up 13 on a week in which we broke the streak
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Mar 17, 2016
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kelly ring. >> and a charred fence and burned up trash, the sign of an arsonist. evan lambert is live in the crescent lake neighborhood. what do you know? >> this video is just the first in a series of arsons, right behind me you see the melted dumpster, the fire just inches from several homes. >> it caught my house on fire. >> blaring sirens and lights startled this woman awake in the early morning on a january morning. >> all four dumpsters were fully >> and that caused a section of her vinyl fence to peel into pieces and the fire spread to several cars and a motorized scooter. one of several stops for an arrest arsonist. >> almost a dozen fires have broken out in a six-mile radius, the most recent going up in dumpsters last january. this is south of 21st avenue north and east of mlk. he lights a gas tang on fire tang on tank on fire and then runs away, turning to loorks look,and take note of what is in his hands, with distinct square edges. >> if it's a structure with occupants, the occupants may not be alerted and they could be trapped in the home at that point. >>
kelly ring. >> and a charred fence and burned up trash, the sign of an arsonist. evan lambert is live in the crescent lake neighborhood. what do you know? >> this video is just the first in a series of arsons, right behind me you see the melted dumpster, the fire just inches from several homes. >> it caught my house on fire. >> blaring sirens and lights startled this woman awake in the early morning on a january morning. >> all four dumpsters were fully >>...
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Mar 10, 2016
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kelly. >> the boy is okay. that had to be scary for him. >> thank you for that, evan. >> when we come back. changes underway bigger changes 3 petersburg's downtown >>> the waterfront at st. pete is a gem. the city wants to take it to a new level. there is a fund now in the bank transformation. and as steve nichols tells us the public is invited now to provide some suggestions. >> in this waterfront at the top of the screen the stadium is at the bottom above the brightly lighted buildings. ribbons of light and bay shore drive and second heavy and the park land out to the pier. it can be wide pedestrian friendly corridors. >> getting close and cars farther away from the water is extremely important of the plan. >> jason jenson is turning the concepts into a building plan, but he confirms that bay shore will look like this and the area between beach drive and pay shore and the road to the pier will become a grand entry way, that should be a nexus a center of the city at that point that really guides you into the pier and invites you in. a bridge will connect the fine arts museum and history mu
kelly. >> the boy is okay. that had to be scary for him. >> thank you for that, evan. >> when we come back. changes underway bigger changes 3 petersburg's downtown >>> the waterfront at st. pete is a gem. the city wants to take it to a new level. there is a fund now in the bank transformation. and as steve nichols tells us the public is invited now to provide some suggestions. >> in this waterfront at the top of the screen the stadium is at the bottom above the...
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Mar 22, 2016
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then in the 4th, kelly olynyk lines it up. 20 minutes now, elfrid payton can't get the layup. but andrew nicholson is there to help his buddy. and then evan fournier for the scoop. and how about victor oladipo for the 17-footer? 25 for oladipo. magic only down 4. but isaiah thomas shuts it down there. the all-star with 28 points. 107-96. another game for 13 days, hopefully enough file to get their captain healthy. kaka missed the past three games with a strained thigh is but is expected for april 3rd at the citrus bowl. cyle larin tied with the league lead with 3 goals. but left after taking identify minutes earlier. antonio also left the game before the final whistle. adrian heath says neither injury is considered serious will you everyone happy to get the win. win. the season. first game away and getting the first win of the season. so that was pleasing. >> larin won't have much time to rest. the canadian forward was killed up by his national team. he'll play in two world cup qualifiers march 25th and 29th. kevin molino also called up by his home country of trinigdad. and tommy redding playing for team usa's team for the dallas cup. orl
then in the 4th, kelly olynyk lines it up. 20 minutes now, elfrid payton can't get the layup. but andrew nicholson is there to help his buddy. and then evan fournier for the scoop. and how about victor oladipo for the 17-footer? 25 for oladipo. magic only down 4. but isaiah thomas shuts it down there. the all-star with 28 points. 107-96. another game for 13 days, hopefully enough file to get their captain healthy. kaka missed the past three games with a strained thigh is but is expected for...
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Mar 2, 2016
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hear what astronaut scott kelly has to say about his big return after 340 days in space. >>> i'm meteorologist bill evans here in the weather center. noon. they have been falling every hour. we're looking at 39 around morristown. we're looking at around 45 at bridgeport, 44 on long island. it's going to be windy and chilly for the afternoon, and all across america families are coming back to time warner cable for a whole new experience. that's because we've been working hard to give you better service, and it shows. we came back for internet speeds so fast even the kids are impressed. oh she's impressed. we're catching up on movies and shows on demand just as fast as we can watch them. for $89.99 a month you'll get 100 meg ultra-fast internet, popular hd channels and unlimited calling. twc's home wifi is so strong we can use all our devices at the same time. so we can all watch whatever we want. and that's kinda cool. for $89.99 a month you'll get internet, tv and phone. there's no contract, no risk and our money-back guarantee. come back today and we'll give you free installation with our exclusive one-
hear what astronaut scott kelly has to say about his big return after 340 days in space. >>> i'm meteorologist bill evans here in the weather center. noon. they have been falling every hour. we're looking at 39 around morristown. we're looking at around 45 at bridgeport, 44 on long island. it's going to be windy and chilly for the afternoon, and all across america families are coming back to time warner cable for a whole new experience. that's because we've been working hard to give...
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Mar 18, 2016
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kelly ring. >> i'm mark wilson. >>> first up at 6:00. smoke and flames at peter o knight airport. there are questions about what happened here. evan axelbank live at the airport. this had to be scary for those living nearby for sure. >> and mark, neighbors came out when they heard the noise and the news that they would find outside would not be good. take a look at the wreckage. the investigation shas slowed down. it is pouring over the information to figure out what happened here, two people were found dead. the plane is registered to a non-profit. they cannot rule out another plane is involved. they are being quiet about that. the faa is on the scene trying to get a handle on what happened, what caused this. all we know the plane crashed during takeoff. >> it was obvious that the plane was totally engulfed in flames and you know it was obvious that there was probably nobody. no movement in it. we heard pops, pop, pop, pop. >> obviously very frightening the cessna twin-engine seats six and registered to niner x-ray in south tampa. a woman at the home said her husband was not involved in the crash but that he was at at the airport
kelly ring. >> i'm mark wilson. >>> first up at 6:00. smoke and flames at peter o knight airport. there are questions about what happened here. evan axelbank live at the airport. this had to be scary for those living nearby for sure. >> and mark, neighbors came out when they heard the noise and the news that they would find outside would not be good. take a look at the wreckage. the investigation shas slowed down. it is pouring over the information to figure out what...
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Mar 18, 2016
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kelly ring. >> i'm mark wilson. >>> first up at 6:00. smoke and flames at peter o knight airport. there are questions about what happened here. evan axelbank live at the airport. this had to be scary for those living nearby for sure. >> and mark, neighbors came out when they heard the noise and the news that they would find outside would not be good. take a look at the wreckage. the investigation shas slowed down. it is pouring over the information to figure out what happened here, two people were found dead.
kelly ring. >> i'm mark wilson. >>> first up at 6:00. smoke and flames at peter o knight airport. there are questions about what happened here. evan axelbank live at the airport. this had to be scary for those living nearby for sure. >> and mark, neighbors came out when they heard the noise and the news that they would find outside would not be good. take a look at the wreckage. the investigation shas slowed down. it is pouring over the information to figure out what...
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evan who once to cut state spending. -- governor bevin who wants to cut state spending. lisa: donations continue to pour in for the rabbit hash general store after a fire last month. this morning, kelly elementary school in burlington will present a check to the owners of the store. the money was collected by students. it will go towards restoring the 185-year-old historic landmark. mark: randi as another check on the forecast and when the snow could possibly get out of here. randi: for many spots -- gone. looking at the wlwt radar, over the last hour, snow showers moving out of the 275 loop. there may be a couple of straggler flurries, but the line continues to roll to the south and east. by the time we get to the 8:00 hour, even those in mason and showers. it is a big weekend, a good thing we' re getting rid of the snow. maybe the burning of the snowman, precipitation retaliation did its job, because no snow in the forecast for bockfest. tonight, 39 degrees, sunshine at 6:00. bockfest 5k tomorrow morning, 39, maybe some showers. for the sausage queen contest saturday night, expect it to be around 43. decent, but cool weather for bockfest. tomorrow. sunday, sunshine returns. next we
evan who once to cut state spending. -- governor bevin who wants to cut state spending. lisa: donations continue to pour in for the rabbit hash general store after a fire last month. this morning, kelly elementary school in burlington will present a check to the owners of the store. the money was collected by students. it will go towards restoring the 185-year-old historic landmark. mark: randi as another check on the forecast and when the snow could possibly get out of here. randi: for many...