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liz claman, i don't know about you, but this is the sound of money being made. otorcycles back on the road in the united states. liz? liz: oh, i love it. you know we love the indians as a baseball team, adam and i having worked in cleveland. great to see you, good stuff. adam shapiro, polaris and the indian motorcycle coming back. when we come back, oh, boy, you know what? the one commodity that is seemingly shriveling investors wallets and why had you listened to jeff flock on fox business just a few months ago, you might have known this. jeff? >> into every soybean field a little rain must fall. it is falling right now. back in a moment with the man who called the bear market in beans and i will prove it to you. stay tuned. ♪ my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their b
liz claman, i don't know about you, but this is the sound of money being made. otorcycles back on the road in the united states. liz? liz: oh, i love it. you know we love the indians as a baseball team, adam and i having worked in cleveland. great to see you, good stuff. adam shapiro, polaris and the indian motorcycle coming back. when we come back, oh, boy, you know what? the one commodity that is seemingly shriveling investors wallets and why had you listened to jeff flock on fox business...
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Aug 23, 2013
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adam: liz claman spoke with nasdaq's ceo earlier. >> it had nothing to do with hacking. it had nothing to do with the problem yesterday. liz: it indicates to some people that you guys do not have your arms wrapped around everything. >> our system by itself was working. we have to handle bad actions from some of those people connect it to us. we are deeply disappointed. one of the reasons it took three hours was we have a first and foremost responsibility for fair and orderly markets. we made sure that the entire industry was ready to come live. we did come live. we can live quite successfully. adam: we have an analyst for morningstar joining us now. he says it was not the system, but the connection that was the problem. there are some particular phrases that he uses. >> i think it is a little unclear. perhaps he means the changes somehow went awry. adam: when he says defensive driving, he denies there was any hacking going on here. there was some kind of external bad behavior on someone else? >> i do not have all of the facts. my take is that, i think, he is just referrin
adam: liz claman spoke with nasdaq's ceo earlier. >> it had nothing to do with hacking. it had nothing to do with the problem yesterday. liz: it indicates to some people that you guys do not have your arms wrapped around everything. >> our system by itself was working. we have to handle bad actions from some of those people connect it to us. we are deeply disappointed. one of the reasons it took three hours was we have a first and foremost responsibility for fair and orderly...
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Aug 23, 2013
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liz claman joins us now. liz: everything seems calm. what a difference from yesterday.n the wake of the flash freeze, the nasdaq has been seriously attacked. critics say that the nasdaq handled this terribly. in fact, former chairman said the nasdaq did a horrible job. they handled this terribly. he is not the only one. there was not enough communication. this morning in my one-on-one interview, i asked him about the critics and he started to push back on harvey pitt. listen. >> i think it is hard for people outside. liz: you are taking a snack that harvey pitt. >> i am just saying for anyone that is not there. it is hard for them to know. hard for them to comment intelligently in terms of what happens. we solve the problem within half an hour. certain members made a request in terms of having a longer period to quote. that communication was there. i think to the extent that anyone was not involved, that was as active as you can get. liz: of course there was probably massive mayhem. many felt they were not spoken to. bob said they were having people talking and they had
liz claman joins us now. liz: everything seems calm. what a difference from yesterday.n the wake of the flash freeze, the nasdaq has been seriously attacked. critics say that the nasdaq handled this terribly. in fact, former chairman said the nasdaq did a horrible job. they handled this terribly. he is not the only one. there was not enough communication. this morning in my one-on-one interview, i asked him about the critics and he started to push back on harvey pitt. listen. >> i think...
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Aug 23, 2013
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liz claman is with us now. she joins us from the nasdaq. everybody's telling me that, the concern is that the nasdaq was hacked and if that's the case, somebody out there knows how to screw up america's financial system. what do you know about this? >> it was our first question to ceo bob greifeld this morning, down on that floor right behind me. i said, i don't care about the technical issues and the discussions of the moment. was there any sign of hacking? he said absolutely not. any espionage? absolutely not. it doesn't mean it couldn't happen in the future, stuart. we have seen this happen at the wall street journal, new york times, some other financial institutions like big banks, but this, in essence, was a breakdown of one of the technical systems called a security information processor and that, in essence, is a system that dissemnates price information to some 13 other exchanges out there and 40 so-called dark pools, smaller, lesser traded, less liquid exchanges, but the issue becomes for the nasdaq, what about the faith in the nasd
liz claman is with us now. she joins us from the nasdaq. everybody's telling me that, the concern is that the nasdaq was hacked and if that's the case, somebody out there knows how to screw up america's financial system. what do you know about this? >> it was our first question to ceo bob greifeld this morning, down on that floor right behind me. i said, i don't care about the technical issues and the discussions of the moment. was there any sign of hacking? he said absolutely not. any...
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he is going to join liz claman and what the endgame is coming up. don't go anywhere.losing bell" is next. [ male announcer ] how do you get your boue? bounce is great because the freshness lasts for weeks in the drawer. why can't everything stay fresh that long? [ male announcer ] how do you get your bounce? [ man ] lasting freshness. [ male announcer ] how do you get your bounce? a quarter million tweeters is beare tweeting. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this&is gonna be big. hp moonshot. it's time to build a better enterprise. together. trust your instincts to make the call. to treat my low testosterone, my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who
he is going to join liz claman and what the endgame is coming up. don't go anywhere.losing bell" is next. [ male announcer ] how do you get your boue? bounce is great because the freshness lasts for weeks in the drawer. why can't everything stay fresh that long? [ male announcer ] how do you get your bounce? [ man ] lasting freshness. [ male announcer ] how do you get your bounce? a quarter million tweeters is beare tweeting. and 900 million dollars are changing hands online. that's why hp...
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Aug 13, 2013
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now we continue our "countdown to the closing bell" with liz claman. ♪ liz: and we bring you this breaking prepare yourself. the "wall street journal" is reporting that the u.s. government officials are going to file criminal charges on wednesday verses those two former jpmorgan traders. expected to be charged by u.s. prosecutors, this according to government sources talking to the wall street journal. apparently they guy who was the london whale who effectuated about six and a half billion dollars in losses over at jpmorgan, he has not been prosecuted. he will not be prosecuted, according to these sources. apparently the commodities futures trading commission, sec, and department of justice will back away from him and go for both the chilean freighter and the senior guy in charge. the u.s. government timing, according to this source could still change. in fact, the word mess -- of this mess could still change. everyone is waiting. could be as soon as tomorrow that we can see charges against two former jpmorgan traders. jpmorgan is up about a half a percent. from billionaire to billionaire
now we continue our "countdown to the closing bell" with liz claman. ♪ liz: and we bring you this breaking prepare yourself. the "wall street journal" is reporting that the u.s. government officials are going to file criminal charges on wednesday verses those two former jpmorgan traders. expected to be charged by u.s. prosecutors, this according to government sources talking to the wall street journal. apparently they guy who was the london whale who effectuated about six...
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Aug 19, 2013
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. ♪ good afternoon, everybody, i'm liz claman, happy monday, last hour of trading.et's focus on u.s. treasury yields, marching upwards picking up where they left off friday. the ten-year at the high point, there it is, 2.89%. that is the highest level since july of 2011. now, the benchmark yield nearly doubled since may as investors grapple with when and how the feds' asset buying tapers the market. will businesses and stocks start to get hurt? keeping confidence in u.s. markets is the subject of president obama's meeting going on right now in washington on regulatory reform. the president urges top financial regulators to implement the dodd-frank reforms, and there's more than a thousand that have yet to be enacted despite being passed in congress way back in 2010. we need to get to jpmar begin, in the cross hairs of the u.s. government, this time, nothing to do with the $6 billion london wale trading scandal or complex electricity contracts. look at the stock. it is one of the laggards of the dow jones industrials. now, according to the new york times, this time i
. ♪ good afternoon, everybody, i'm liz claman, happy monday, last hour of trading.et's focus on u.s. treasury yields, marching upwards picking up where they left off friday. the ten-year at the high point, there it is, 2.89%. that is the highest level since july of 2011. now, the benchmark yield nearly doubled since may as investors grapple with when and how the feds' asset buying tapers the market. will businesses and stocks start to get hurt? keeping confidence in u.s. markets is the...
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Aug 14, 2013
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we now continue our "countdown to the closing bell" with liz claman. cking, cisco moving higher ready to report the third-quarter earnings. this is so important of a company, looking at the cloud business, security and routers and switches. >> demand from companies for those items. the earnings popped into the green. cisco reporting earnings for the fiscal fourth quarter at $0.51 per share, on revenue of $12.41 billion. we will bring you the results as they happen. we found out this morning the euro zone's out of a recession. 20% of sales, that could be a positive, and of course the u.s. market 60% of their sales. so much to watch with demand from telecom, other industries and the federal government for those data services. liz: so glad you said that, that has been the big? since w the sequester. the government business. those numbers come out after the bell. the dow may be up this year, but portfolio founder and president with the coming of the bond market collapse things we are still flirting with a recession, but when you talk about the word "collaps
we now continue our "countdown to the closing bell" with liz claman. cking, cisco moving higher ready to report the third-quarter earnings. this is so important of a company, looking at the cloud business, security and routers and switches. >> demand from companies for those items. the earnings popped into the green. cisco reporting earnings for the fiscal fourth quarter at $0.51 per share, on revenue of $12.41 billion. we will bring you the results as they happen. we found out...
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we have a rem bove will be liveh liz claman. >> liz will ask him that i'm sure.ave it first. she will ask him all those questions. >>> as we do every 15 minutes we're going back to the new york stock exchange. teddy weisberg from seaport securities is on the floor of the exchange for us and teddy, what are you watching and any comments about this craziness over jcpenney? >> no. not really. just watching the overall markets and a little bit of amazement. we opened very strong this morning. gave it all back. went to the minus side. we were looking at a pretty negative technical sign, one-day reversal. here we are plus 37, 40 points. not a lot of volume. a obviously a lot of intraday volatility. i think the earlier part of the week has people a little spooked at the moment. stocks look tired to me. i think we spoke about that briefly when you were here the other day. adam: yeah. >> i don't know, i don't think it is the end of the world. the stocks just look like they're kind ever running out of steam, whatever that means. adam: teddy wise berks appreciate it. you br
we have a rem bove will be liveh liz claman. >> liz will ask him that i'm sure.ave it first. she will ask him all those questions. >>> as we do every 15 minutes we're going back to the new york stock exchange. teddy weisberg from seaport securities is on the floor of the exchange for us and teddy, what are you watching and any comments about this craziness over jcpenney? >> no. not really. just watching the overall markets and a little bit of amazement. we opened very...
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Aug 22, 2013
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i'm liz claman. this is a special edition of "countdown to the closing bell". and a half trillion dollars is the estimated combined market cap of all the nasdaq stocks that have been halted today. the stock. still stuck because of today's extraordinary glitch that is being called off last three -- / freeze. since trading went down until 14:00 p.m. eastern time the nasdaq has been trying to get back up and running. full trading is expected to resume in about 26 minutes. 3:25 p.m. here is what we know, the nasdaq effectively froze. all nasdaq traded stocks stopped trading which happened just before 12:20 p.m. eastern time. nasdaq immediately went into crisis mode looking into what went wrong. still no official word on what the problem is. the securities and exchange commission is investigating. fox business has confirmed that the fbi is aware of the situation, and you can bet the ceos of nasdaq listed stocks along with shareholders want to know exactly what happened and whether their portfolios and stocks are safe. full team coverage right now. adam shapiro right
i'm liz claman. this is a special edition of "countdown to the closing bell". and a half trillion dollars is the estimated combined market cap of all the nasdaq stocks that have been halted today. the stock. still stuck because of today's extraordinary glitch that is being called off last three -- / freeze. since trading went down until 14:00 p.m. eastern time the nasdaq has been trying to get back up and running. full trading is expected to resume in about 26 minutes. 3:25 p.m. here...
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liz claman on "closing bell" this afternoon at 3 # p.m. earn. adam: announcement from baseball is expected shortly regarding the suspensions of new york yankees alex rodriguez and perhaps as many as 12 other players. the suspensions are the result of a doping investigation regarding a florida biogenesis clinic. rodriguez is scheduled to make the season debut for the yankees tonight after recovering from an injury. he's also expected to be suspended through the 20 # 14 season, but will be allowed to play while appealing what is expected to be his suspension. two weeks ago, milwaukee outfielder, ryan braun, agreed to a 65-game ban through the rest of the 2013 season because of his role in that scandal. lori: how do new york fans feel? "just go," can't say if more clearer than that. it's 96 # million all in contract for a-rod? adam: going to cost him a lot. lori: we'll bring you the press conference as soon as it begins. meantime, the cbs-time warner shut down showdown, millions in the dark. he blackout could last. talk about the latest. adam: oh n
liz claman on "closing bell" this afternoon at 3 # p.m. earn. adam: announcement from baseball is expected shortly regarding the suspensions of new york yankees alex rodriguez and perhaps as many as 12 other players. the suspensions are the result of a doping investigation regarding a florida biogenesis clinic. rodriguez is scheduled to make the season debut for the yankees tonight after recovering from an injury. he's also expected to be suspended through the 20 # 14 season, but will...
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Aug 24, 2013
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i want you to listen to a sound bite from the ceo o nasdaq talking to liz claman earlier today.listen. >> well, our communications system worked well yesterday. it could always be improved. thfirst order of business is to focus on solving the problem and then deal wiih people directly involved with the problem. in one of those open lines we have people representing our issues on the call. they were there to give regular updates. the formal update out after the close of trading which wanted to do. i think we did well. dennis: let's start with you. communications system worked we? at think we've worked well. as you been smoking? >> i don't think so. honestly, if he has then i have. i think they did a great job. if you really understand the nasdaq, it's different than the new york stock exchange. this is a very decentralized trading system priest had been shut down for a half-hour and get it back up, they did a pretty good job. dennis: first of all, it was three hours. second of all, traders, investors, nasdaq listed companies went for hours without any explanati. we in the public
i want you to listen to a sound bite from the ceo o nasdaq talking to liz claman earlier today.listen. >> well, our communications system worked well yesterday. it could always be improved. thfirst order of business is to focus on solving the problem and then deal wiih people directly involved with the problem. in one of those open lines we have people representing our issues on the call. they were there to give regular updates. the formal update out after the close of trading which...
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liz claman talked with him exclusively about his stake and his attempt block any delay of a shareholder vote. >> rethink michael is buying it on the cheap. i do think we have a good genes but a lot depends if we can have that meeting right after. lou: the $3 million profit is a typo of very small number. carl icahn also said if we win michael dell will not be at the company''. sari. congress on vacation again giving themsels a waiver on one of the most unpopular laws. we will show you just help out of touch some of our law makers are with the mere citizens. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spen more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company." it's delicious. so now we've turned her toffee into a business. my goal was to take an ide
liz claman talked with him exclusively about his stake and his attempt block any delay of a shareholder vote. >> rethink michael is buying it on the cheap. i do think we have a good genes but a lot depends if we can have that meeting right after. lou: the $3 million profit is a typo of very small number. carl icahn also said if we win michael dell will not be at the company''. sari. congress on vacation again giving themsels a waiver on one of the most unpopular laws. we will show you...
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. ♪ double knockout ♪ ♪ liz: good afternoon, i am liz claman and it is the last hour of trading.tch in trading that we want to tell you about. global markets it is not yet known and last time we had a technical glitch on march 23, it has the part of the ipo. and cbs calling time warner cable a bluff on their offer of a sham. time warner cable has proposed is to return the cable. but only as an À la carte operation and offering. we are seeing hat done about two full percentage points newspaper ads making sure that people understand the position gold dropping $19.60 to 1000 to 82. it is just slightly above that right now. we are talking about this program. we just don't know where to go at this point. >> we are accounting for 86 points. ibm is pulling the dow jones down. part of it is the downgrade that you just mentioned. they are saying that the stock fell as low as $175. they are much closer of the 52 week low than the 52 week high. liz: how far is try carl icahn going to take this fight? and plans for the company, no one has really pushed him yet. plus, icon versus billionaires
. ♪ double knockout ♪ ♪ liz: good afternoon, i am liz claman and it is the last hour of trading.tch in trading that we want to tell you about. global markets it is not yet known and last time we had a technical glitch on march 23, it has the part of the ipo. and cbs calling time warner cable a bluff on their offer of a sham. time warner cable has proposed is to return the cable. but only as an À la carte operation and offering. we are seeing hat done about two full percentage points...
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Aug 26, 2013
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♪ adam: i'm adam in for liz claman, the last hour of trading, and negative news on the economy appearso have put investors in a positive mood. major indexes rising for a third straight session. it follows a 7.3% drop in other- in orders for durable goods. why are investors upbeat? they believe the number could persuade the fed to delay reducing the bond buying program, and in big merger monday news, shares of biotech firm, amgen, up dray dramaticaly after buying pharmaceuticals, and they lead the sch at one point today. investors like this deal, and shares of onyx up, not bad, for a stock that has questions regarding the cancer drugs delving into this as the hour progresses. bringing in lauren and sandra smith at the america tile -- mother chan tile exchange. chemical weapons used in syria, how does that play into oil? priced in, disruptions in the middle east? >> no, it's something the oil markets are going to be watching closely, adam, and we are hearing that he is confirming that chemical weapons were used over in syria, and this is a big change for the market. they were waiting on
♪ adam: i'm adam in for liz claman, the last hour of trading, and negative news on the economy appearso have put investors in a positive mood. major indexes rising for a third straight session. it follows a 7.3% drop in other- in orders for durable goods. why are investors upbeat? they believe the number could persuade the fed to delay reducing the bond buying program, and in big merger monday news, shares of biotech firm, amgen, up dray dramaticaly after buying pharmaceuticals, and they lead...
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liz claman talked with him exclusively about his stake and his attempt to block any delay of a shareholder vote. >> rethink michael is buying it on the cheap. i do think we have a good genes but a lot depends if we can have that meeting right after. lou: the $3 million profit is a typo of very small number. carl icahn also said if we win michael dell will not be at the company''. sari. congress on vacation again giving themselves a waiver on one of the most unpopular laws. we will show you just help out of touch some of our law makers are with the mere citizens. right now, 7 years of sic is being streamed. a quarter million tweeters are tweeting. and 900 million dollars are changing hands onle. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this&is gonna be big. hp moonshot. it's time to build a better enterprise. together. if you have high cholesterol, here's some information that may be worth looking into. in a clinical trial versus lipitor, cresto
liz claman talked with him exclusively about his stake and his attempt to block any delay of a shareholder vote. >> rethink michael is buying it on the cheap. i do think we have a good genes but a lot depends if we can have that meeting right after. lou: the $3 million profit is a typo of very small number. carl icahn also said if we win michael dell will not be at the company''. sari. congress on vacation again giving themselves a waiver on one of the most unpopular laws. we will show...
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Aug 27, 2013
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♪ cheryl: i am cheryl casone in for liz claman.is last hour of trading and if you have been anywhere near the television or anywhere online today you have heard a lot about syria. potential u.s. intervention in the conflict after the alleged chemical attacks, wall street is watching. development of the middle east very closely. affecting everything from oil prices to airline stocks are of course the of gold. we are down 145 points, very near session lows for the day. here are your commodities, jumping up close to 2% per ounce right now, $23 backing off a little bit. oil the big story here, it is a gain of almost 3%. we are pushing $109 per barrel. we are doing that right now again. much more what has been happening to commodities later on in the show. we are also watching this stock for you, jcpenney showing signs of life at the retail chain and activist saw them several ties after selling 20 million shares. he lost almost $500 million, but he is out again with the stock. now the stock is actually down. down more than 1%. you can s
♪ cheryl: i am cheryl casone in for liz claman.is last hour of trading and if you have been anywhere near the television or anywhere online today you have heard a lot about syria. potential u.s. intervention in the conflict after the alleged chemical attacks, wall street is watching. development of the middle east very closely. affecting everything from oil prices to airline stocks are of course the of gold. we are down 145 points, very near session lows for the day. here are your...
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Aug 15, 2013
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liz claman will interview cisco john chambers on "countdown to the closing bell".. >> our next guest says today's stock market and bond selloff is a case of good news as well as bad news. joining us russ koesterich, chief investment strategist for blackrock. russ, everyone is saying to me, the market is priced into tapering, and not getting upset at talk of taper. we're selling off on good news, because why? the fed is going to taper. >> clearly there were a couple holdouts who did not believe the fed would go in september and i think a lot of ways the initial jobless claims number this morning put as damper on that. given guidance from a number of fed officials, hard to argue they will not taper since december. it is good to point out, the market was done. there was nervousness since egypt and international events are playing a part. tracy: let's talk international. we had a guest yesterday who is in your camp. he is saying maybe we should look overseas for investment opportunities? >> i agree. it is not a matter of either or. the u.s. is big part of market. you w
liz claman will interview cisco john chambers on "countdown to the closing bell".. >> our next guest says today's stock market and bond selloff is a case of good news as well as bad news. joining us russ koesterich, chief investment strategist for blackrock. russ, everyone is saying to me, the market is priced into tapering, and not getting upset at talk of taper. we're selling off on good news, because why? the fed is going to taper. >> clearly there were a couple...
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Aug 20, 2013
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i am liz claman. it is the last hour of trading.e big-name brick and mortar retailers leading the major industries higher. let's get to best buy. it is doing absolutely incredible. up more than 11% right now. we have much more on best buy enabled. we also have home depot. raising its full-year outlook. the fact is, their success is affect and the market today. not the biggest rally in the world, but it is quite a difference from yesterday pinned netflix has another deal. this starts in 2016. they are known for being very picky. very high in film. right now, cbs and showtime has a deal. dreamworks has a deal as well. it will expire. netflix shares looking good. of nearly 5%. it has been a great day. it opened lower and started going higher. here we have the one your picture. a great year for netflix. a gain of more than 200%. let's get to this retail stores. a tale of two turnarounds. best buy versus jcpenney. it is a little dramatic to call jcpenney a turnaround. they are in the process. >> let's show you the stock today. look at th
i am liz claman. it is the last hour of trading.e big-name brick and mortar retailers leading the major industries higher. let's get to best buy. it is doing absolutely incredible. up more than 11% right now. we have much more on best buy enabled. we also have home depot. raising its full-year outlook. the fact is, their success is affect and the market today. not the biggest rally in the world, but it is quite a difference from yesterday pinned netflix has another deal. this starts in 2016....
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i'm liz claman, the last hour of trading.l, another fed president to says depending upon certain metrics we should be ready to start tapering. the president of the cleveland federal reserve bank said this you would be ready to scale back the debt fed bond buying program if the labor market continues to improve, but she did not specify the timing on this. nonetheless, she is saying if we continue on this introductory we have been following right now, it should be time to soon start tapering. we will ask former treasury secretary paul o'neill about those comments and so much more, what he thinks washington should be doing to do the u.s. economy. the real problem that still exists in the housing market and a little bit later on in this show, what keeps them up at night, what currency he watches the most closely when it comes to giving him signals about the u.s. dollar. of course, the treasury secretary is always looking at the u.s. dollar. bank stocks among some of the biggest losers after the government accused bank of america
i'm liz claman, the last hour of trading.l, another fed president to says depending upon certain metrics we should be ready to start tapering. the president of the cleveland federal reserve bank said this you would be ready to scale back the debt fed bond buying program if the labor market continues to improve, but she did not specify the timing on this. nonetheless, she is saying if we continue on this introductory we have been following right now, it should be time to soon start tapering. we...
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i'm liz claman. the last hour of trading.reaking news right now in the hamper competitive world of smart phone technology. google smart from being revealed to the public for the first time happening right now. let's go to dennis kneale for the breaking news. >> reporter: and we have some detail. remember, they pay over 12 and -- $12 billion for this company. it has done nothing ever since. but the outcomes a new phone that will hit stores by the end of august, available first on at&t. later moves out to sprint, verizon, t-mobile. and the first pictures of this duty. and also it will be made in america, made in fort worth. although it is not like those are helping apple all that much. today no cell phone or small -- smart phone is up phone at all. you have a camera with quick you take a photo in two seconds which is kind of cool. the phone is a sleepy twisted. the viewfinder pops up. touch anywhere on the screen and it takes a photo. 10 million pixels. forty-one. it has acted display. instead of your phone blinking, it fla
i'm liz claman. the last hour of trading.reaking news right now in the hamper competitive world of smart phone technology. google smart from being revealed to the public for the first time happening right now. let's go to dennis kneale for the breaking news. >> reporter: and we have some detail. remember, they pay over 12 and -- $12 billion for this company. it has done nothing ever since. but the outcomes a new phone that will hit stores by the end of august, available first on at&t....
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i'm liz claman, the last hour of trading with a couple major stock stories developing right now includingreaking news. first, let's get to the report that sorros fund, george soros, the billionaire, and his management fund is pulling out all the money they have in bill akman's persing square fund. that's about 250 million, maybe a little less, but needless to say, it's stemming from the fact that bill akman asked the fcc, and, by the way, charlie was first to report on this, has asked the fcc to look into possible collusion when it comes to companies and funds going long. herbal life, herbal life stock moving higher by 2% right now, but there's a lot of bad blood now between the soros fund and akman fund. watch it closely. more on this in a moment. hedge fund heavy weight bill akman turning up here on jcpenney frustrated with the retailer's performance, and he wants a new ceo installed in 30-45 days. now, former ceo has been receiverring the interim ceo after the company fired ron johnson for providing over dismal store sales and a reset of the stores that did not work. now we have anothe
i'm liz claman, the last hour of trading with a couple major stock stories developing right now includingreaking news. first, let's get to the report that sorros fund, george soros, the billionaire, and his management fund is pulling out all the money they have in bill akman's persing square fund. that's about 250 million, maybe a little less, but needless to say, it's stemming from the fact that bill akman asked the fcc, and, by the way, charlie was first to report on this, has asked the fcc...
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Aug 28, 2013
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♪ ♪ cheryl: hello, everyone, i'm cheryl casone in for liz claman.is the last hour of trading, and if a u.s. strike on syria is imminent, you would not necessarily know it judging by major u.s. markets today. they're rebounding from tuesday's big selloff. right now take a look at the dow, the s&p and the nasdaq. all of the major indices higher right now, dow up by 56 off of session highs, s&p is up about six points as well. and take a look at oil, one of the biggest stories we've been tolling as those conflicts have continued to escalate. oil and all that's related to oil in the meddle east. $109.88, that's up 87 cents. and you're also going to want to watch brent as well. we're going to have more on oil and, of course, gold prices coming up in just a moment, that big play for safety, if you will. and jpmorgan and its ceo, jamie dimon, appear to be firmly in the government's crosshairs. published reports say the government wants the bank to fork over more than $6 billion for its alleged role in the mortgage meltdown, but jpmorgan, they are pushing ba
♪ ♪ cheryl: hello, everyone, i'm cheryl casone in for liz claman.is the last hour of trading, and if a u.s. strike on syria is imminent, you would not necessarily know it judging by major u.s. markets today. they're rebounding from tuesday's big selloff. right now take a look at the dow, the s&p and the nasdaq. all of the major indices higher right now, dow up by 56 off of session highs, s&p is up about six points as well. and take a look at oil, one of the biggest stories we've...
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Aug 23, 2013
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♪ liz: good afternoon on this friday, i'm liz claman, the last hour of trading, another huge day fornvestors after yesterday's flash freeze at the nasdaq freezing the exchange and trading on it. big changes coming to one of the most profitable companies. steve balmer, long time ceo of microsoft announces plans to step down within the next 12 months. how do investors view balmer? look at the stock move. they are happy he's moving on. stock is jumping seven and a quarter percent making him a much wealthier man because he owns so much stock in it, but as it shoots higher, that represents 19 points of the dow's 23 point gain when you look at how it's weighted. there's a big move there with microsoft holding the gains. we hit the high of the session minutes ago. much more on steve balmer's resignation, but now, much more importantly, who gets the nod as his successor? if you got excited about a housing recovery, hold your horses for a moment. new home sales for the month of july fell 13.4% to a 394,000 annual rate. that is the lowest number since last october. rising interest rates, of co
♪ liz: good afternoon on this friday, i'm liz claman, the last hour of trading, another huge day fornvestors after yesterday's flash freeze at the nasdaq freezing the exchange and trading on it. big changes coming to one of the most profitable companies. steve balmer, long time ceo of microsoft announces plans to step down within the next 12 months. how do investors view balmer? look at the stock move. they are happy he's moving on. stock is jumping seven and a quarter percent making him a...
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Aug 15, 2013
08/13
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. ♪ ♪ cheryl: i'm cheryl casone in for liz claman.is the last hour of trading, and the major indices are lower this hour after getting slammed by new economic data and earnings reports. first, the number of americans seeking jobless benefits dropped 15,000 to 320,000, the fewest since october of 2007. all good news, right? except it appears that investors believe this means the fed will end its bond-buying program sooner rather than later and cut off what many traders call free must be. we shall see -- free money. to make matters worse, two dow components had less than stellar earnings reports, walmart cut its forecast for the remainder of the year. take a look at wal-mart, the stock is down metropolitan $2, that's almost 3% as you can see, and then there is this stock, cisco. this stock suffering its biggest one-day drop in 15 months after the network equipment maker's outlook disappointed investors. the company announcing they're going to cut 4,000 jobs. take a look agencies coe, one of the biggest drags on the dow. cisco down more
. ♪ ♪ cheryl: i'm cheryl casone in for liz claman.is the last hour of trading, and the major indices are lower this hour after getting slammed by new economic data and earnings reports. first, the number of americans seeking jobless benefits dropped 15,000 to 320,000, the fewest since october of 2007. all good news, right? except it appears that investors believe this means the fed will end its bond-buying program sooner rather than later and cut off what many traders call free must be. we...
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Aug 16, 2013
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liz: charles: liz claman and david asman will talk to richard fisher. going to want to miss that. extremely important, the fed making all the news and check the price of gold, cute speights yesterday. we will check on that again, up $5.50 and i want to get to nicole petallides, gold stocks are up this week. nicole: we talk about what a tough week we have on wall street, the second losing week on wall street ahead this week for the dow which is down over 2%, the worse point drop we have seen in two months bucking the trend, gold stocks, mining, we have seen them running out, you see the little lower today but it is 11%, gold up 13%. i talked to some of the traders and asked why we saw the run up and they talked about the correlation in part to treasury yields and treasury yields on a rise and gold rising as well couples with the fact that they were beaten down and had some upside potential so you do see some pulling back a little bit today but i didn't do the low one week chart on freeport mcnamara. there was a little back and forth but looking at the wh
liz: charles: liz claman and david asman will talk to richard fisher. going to want to miss that. extremely important, the fed making all the news and check the price of gold, cute speights yesterday. we will check on that again, up $5.50 and i want to get to nicole petallides, gold stocks are up this week. nicole: we talk about what a tough week we have on wall street, the second losing week on wall street ahead this week for the dow which is down over 2%, the worse point drop we have seen in...
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cheryl: will see what liz claman as to say. dennis: and elsewhere, will the hiring slot me?r economist car wreck a gun and joins us. cheryl: a ticket to the big game. tv personality on the contest that could send your small business to the super bowl which, by the way, is in new york this year. dennis: like a gnat. plus, tackling the small screen. social media now setting its sights. those details in the next hour. ♪ ashley: what does the fed do now? lori: the monthly jobs data dump on the market. ashley: a new deal. sweetening the pigs. but he says don't count out billionaire investor carl icahn. i would not wish him on my worst enemy. and let's head. lori: charlie gasparino ont mak. ashley: prehistoric profits. invest -- investors digging deep . we will talk to the paleontologists behind the auction. lori: from dinosaurs to chardonnet go. the social media sensation. has it? that saying. ashley: it's a bad day. lori: sharks and dinosaur bones. let's did you updated on the markets every 15 minutes. nicole petallides. so, the jobs report falling short at confusing the market.
cheryl: will see what liz claman as to say. dennis: and elsewhere, will the hiring slot me?r economist car wreck a gun and joins us. cheryl: a ticket to the big game. tv personality on the contest that could send your small business to the super bowl which, by the way, is in new york this year. dennis: like a gnat. plus, tackling the small screen. social media now setting its sights. those details in the next hour. ♪ ashley: what does the fed do now? lori: the monthly jobs data dump on the...
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Aug 28, 2013
08/13
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. ♪ ♪ cheryl: hello, everyone, i'm cheryl casone in for liz claman.ading, and if a u.s. strike on syria is imminent, you would not necessarily know it judging by major u.s. markets today. they're rebounding from tuesday's big selloff. right now take a look at the dow, the s&p and the nasdaq. all of the major indices higher right now, dow up by 56 off of session highs, s&p is up about six points as well. and take a look at oil, one of the biggest stories we've been tolling as those conflicts have continued to escalate. oil and all that's related to oil in the meddle east. $109.88, that's up 87 cents. and you're also
. ♪ ♪ cheryl: hello, everyone, i'm cheryl casone in for liz claman.ading, and if a u.s. strike on syria is imminent, you would not necessarily know it judging by major u.s. markets today. they're rebounding from tuesday's big selloff. right now take a look at the dow, the s&p and the nasdaq. all of the major indices higher right now, dow up by 56 off of session highs, s&p is up about six points as well. and take a look at oil, one of the biggest stories we've been tolling as those...
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Aug 19, 2013
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that and the rest of the day's market action all coming right up with our own liz claman., folks have suffered from frequent heartburn. but getting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first place. [ male announcer ] one pill each morning. 24 hours. zero heartburn. [ male announcer ] one pill each morning. everybody has different ideas, goals, appetite for risk. you can't say 'one size fits all'. it doesn't. that's crazy. we're all totally different. ishares core. find out why 9 out of 10your large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. liz: jpmori gain can't catch a break. the bank under investigation for allegingly trying to win business from chinese officials by hiring their children. charlie was ahead of the pact when announcing the troubles. wait u
that and the rest of the day's market action all coming right up with our own liz claman., folks have suffered from frequent heartburn. but getting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first place. [ male announcer ] one pill each morning. 24 hours. zero heartburn. [ male announcer ] one pill each morning. everybody has different ideas, goals, appetite for risk. you can't say 'one size fits all'. it...
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Aug 27, 2013
08/13
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. ♪ cheryl: i am cheryl casone in for liz claman.f trading and if you have been anywhere near the television or anywhere online today you have heard a lot about syria. potential u.s. intervention in the conflict after the alleged chemical attacks, wall street is watching. development of the middle east very closely. affecting everything from oil prices to airline stocks are of course the of gold. we are down 145 points, very near session lows for the day. here are your commodities, jumping up close to 2% per ounce right now, $23 backing off a little bit. oil the big story here, it is a gain of almost 3%.
. ♪ cheryl: i am cheryl casone in for liz claman.f trading and if you have been anywhere near the television or anywhere online today you have heard a lot about syria. potential u.s. intervention in the conflict after the alleged chemical attacks, wall street is watching. development of the middle east very closely. affecting everything from oil prices to airline stocks are of course the of gold. we are down 145 points, very near session lows for the day. here are your commodities, jumping up...
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Aug 26, 2013
08/13
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. ♪ adam: i'm adam in for liz claman, the last hour of trading, and negative news on the economy appearsrs in a positive mood. major indexes rising for a third straight session. it follows a 7.3% drop in other- in orders for durable goods. why are investors upbeat? they believe the number could persuade the fed to delay reducing the bond buying program, and in big merger monday news, shares of biotech firm, amgen, up dray dramaticaly after buying pharmaceuticals, and they lead the sch at one point today. investors like this deal, and shares of onyx up, not bad, for a stock that has questions regarding the cancer drugs delving into this as the hour p
. ♪ adam: i'm adam in for liz claman, the last hour of trading, and negative news on the economy appearsrs in a positive mood. major indexes rising for a third straight session. it follows a 7.3% drop in other- in orders for durable goods. why are investors upbeat? they believe the number could persuade the fed to delay reducing the bond buying program, and in big merger monday news, shares of biotech firm, amgen, up dray dramaticaly after buying pharmaceuticals, and they lead the sch at one...
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liz claman will take you through this last hour. any idea what these two items have in common?nder and the fact that there are both considered tech startups. the man who went from flipping video into big profits to flipping exotic teas mo. the countdown to the closing bell is next. you have to figure out -- stick around a figure out what the hell were talking about. ♪ [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. li all standardized medicare supplement pns, they help save you up to thousands in out-of-pocket costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. join the millions who have alrdy enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by unitedhealthcare insurance company,
liz claman will take you through this last hour. any idea what these two items have in common?nder and the fact that there are both considered tech startups. the man who went from flipping video into big profits to flipping exotic teas mo. the countdown to the closing bell is next. you have to figure out -- stick around a figure out what the hell were talking about. ♪ [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. the rest is up to you. so...
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Aug 19, 2013
08/13
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. -- claman. liz: lead foot? i'm always accused of lurching. thank you, jeff flock.nk you, jeff. >>> as you consider your next vacation plan, how about a room with a view? check this out from an unbalanced hotel. it is an at strong niching structure that looks like a lopsided picture frame. you have to lean with it. we'll tell you about it next. hi, i'm terry and i have diabetic nerve pain. it's hard to describe, because you have a numbness, but yet you have the pain like thousands of needles sticking in your foot. it was progressively getting worse, and at that point i knew i had to do something. once i started taking the lyrica the pain started subsiding. [ male announcer ] it's known that diabetes damages nerves. lyrica is fda approved to treat diabetic nerve pain. lyri is not for everyone. it may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior. or swelling, trouble breathing, rash, hives, blisters, changes in eyesight including blur
. -- claman. liz: lead foot? i'm always accused of lurching. thank you, jeff flock.nk you, jeff. >>> as you consider your next vacation plan, how about a room with a view? check this out from an unbalanced hotel. it is an at strong niching structure that looks like a lopsided picture frame. you have to lean with it. we'll tell you about it next. hi, i'm terry and i have diabetic nerve pain. it's hard to describe, because you have a numbness, but yet you have the pain like thousands of...