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lori rothman is at the new york stock exchange and trader scott shellady at cme. lori, start with you. >> reporter: big, round of applause from the dow, closed in positive territory. sorry to say not a lot of movement ahead of tomorrow's all-important jobs report. the traders here tell me listen for the prior month in vision, that will be the market moving data point. dow slightly higher, little changed across the board. we saw stocks and oil move once again closely in tandem. you had big movers despite little moves. fitbit, stock hit 10,000 steps backward. the wearable fitness device, shares down almost 19% in the session. earnings came out yesterday, not terrible. the guidance was the problem, and increasing concerns about competitive landscape between apple and also garmin for fitbit. alibaba, better than expected, 39% rise in fourth quarter revenue, helped out in growth and merchandise volume. people are buying stuff off of alibaba. a nice pop for the stock. up 4%. mcdonald's, it was so close, not get a second consecutive day for a lifetime high for mcdonald's.
lori rothman is at the new york stock exchange and trader scott shellady at cme. lori, start with you. >> reporter: big, round of applause from the dow, closed in positive territory. sorry to say not a lot of movement ahead of tomorrow's all-important jobs report. the traders here tell me listen for the prior month in vision, that will be the market moving data point. dow slightly higher, little changed across the board. we saw stocks and oil move once again closely in tandem. you had big...
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May 10, 2016
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lori rothman, tell me about this fire. on fire, lori. reporter: what a day, melissa. traders are calling it a melt up. dow was up 222 points. we're within striking range of 18,000, psychological level. s&p you have 25 points on the ses. best day in two months for dow and s&p. nasdaq, best day in one month. tone was set early, right? pretty decent earnings. oil up two, almost 3%. you have a strong dollar, and you know lifetime highs of these big companies and that gave investors a lot of confidence and optimism. mcdonald's, amazon, bernstein i think said amazon shares upped the price target to be $1000. could be highest on wall street. j&j. heighting lifetime high. back to you. melissa: lori, thank you so much. come back with us when disney with first quarter numbers. see you then. david. david: good stuff. working to unite the republican party, house speaker paul ryan speaking out in d.c. moments ago crediting a gut feeling as reason why he hasn't yet fully embraced donald trump. fox business's peter barnes in disney with the latest. some explanation, right, peter? re
lori rothman, tell me about this fire. on fire, lori. reporter: what a day, melissa. traders are calling it a melt up. dow was up 222 points. we're within striking range of 18,000, psychological level. s&p you have 25 points on the ses. best day in two months for dow and s&p. nasdaq, best day in one month. tone was set early, right? pretty decent earnings. oil up two, almost 3%. you have a strong dollar, and you know lifetime highs of these big companies and that gave investors a lot of...
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May 25, 2016
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and lori rothman on the floor of the new york stock exchange. lori, first to you, what is driving the rally today? reporter: couple different thoughts, david. first of all you have a triple-digit day on the dow, for the second consecutive day. that has not happened in six weeks. first back-to-back triple-digit gain on the dow in six weeks. is this good news, good news? the fed is about to raise interest rates to signal the u.s. economy is moving in the right direction or is this short-covering? jeffrey, ceo of double line capital, high-profile investor basically telling reuters he believes the two-day rally is nothing more than a short squeeze and u.s. stocks are dead money. a lot of chat about that comment on the floor today. we'll continue to watch these factors. meantime it really was a classic risk-on today if you look where gold is and oil is. oil pushing 50 bucks a barrel once again, in terms of sector movers. on s&p you have nine of 10 s&p sectors up. energy on that rising oil barrel, it was leading sector along with materials and financia
and lori rothman on the floor of the new york stock exchange. lori, first to you, what is driving the rally today? reporter: couple different thoughts, david. first of all you have a triple-digit day on the dow, for the second consecutive day. that has not happened in six weeks. first back-to-back triple-digit gain on the dow in six weeks. is this good news, good news? the fed is about to raise interest rates to signal the u.s. economy is moving in the right direction or is this short-covering?...
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somehow i don't see lori rothman as a big star wars fan but maybe she has a princess leia outfit. lori: i have two bagels to wear on the side of my head. you make one heckuva jedi. may the force be with you. ashley: and you too. lori: stocks are sinking for a second consecutive session, weakness in the job market and the earnings front hitting the street hard ahead of the april jobs report. let's look at the tao down 109 points, off of the worst levels but down nevertheless and then there was one. donald trump's decisive win in indiana, billionaire businessman now the gop presumptive nominee. senator ted cruz vowing out after trump was declared the winner last night, and today, the final straw, john kasich expected to do the same at a news conference in his home state of ohio at 5:00 pm eastern. trump is defeated, 16 others, hillary clinton is having trouble dispatching one, senator bernie sanders surprising many with a win last night in indiana. our political panel put it all in perspective. hillary's call crisis, more tech caught a airbag recalls and tesla reports earnings after
somehow i don't see lori rothman as a big star wars fan but maybe she has a princess leia outfit. lori: i have two bagels to wear on the side of my head. you make one heckuva jedi. may the force be with you. ashley: and you too. lori: stocks are sinking for a second consecutive session, weakness in the job market and the earnings front hitting the street hard ahead of the april jobs report. let's look at the tao down 109 points, off of the worst levels but down nevertheless and then there was...
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May 31, 2016
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liz: thank you, lori rothman. say so long to the month of may. june which is loaded with market moving events, including friday's jobs report. we have a big money guy here. nasdaq turned positive, sorry, what brad? the five minutes in a row for the dow jones industrials for five monthly wins. okay. and what do we see here? we chopped our losses in half for the last hour of the dow which is down just 69 points. what does it say about investor sentiment? >> i think investor sentiment is negative indicator for. that is bullish for markets. markets climb a wall of worry. it doesn't take much for markets to move back in a positive direction. liz: put away the volatility for a minute and you're picking value stocks, you say that will save us from any volatility in the future. how do you pick a value stock? everybody has different ways of doing it. >> this market is difficult. deep cyclicals have run a lot. cheap stocks are not really cheap now. i look for free cash flow in the tech sector. price to book multiples in the banking sector. net asset values
liz: thank you, lori rothman. say so long to the month of may. june which is loaded with market moving events, including friday's jobs report. we have a big money guy here. nasdaq turned positive, sorry, what brad? the five minutes in a row for the dow jones industrials for five monthly wins. okay. and what do we see here? we chopped our losses in half for the last hour of the dow which is down just 69 points. what does it say about investor sentiment? >> i think investor sentiment is...
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May 10, 2016
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lori rothman has the latest from the floor of the new york stock exchange. lori, disney had some hit movies. we were showing the new "star wars." "zootopia" was another one. not enough to move the needle overall, right? reporter: it did those movies and studio performance offset the performance this quarter somewhat, but to your point not enough to impress investors. talking about the happiest place on earth, this could be the saddest stock on wall street tomorrow. shares down 6% in the extended session that could mean decline of 44 point. that could translate off 44 points for the dow. dow was up 222 points. kind of a shame. let me break it down. you pointed out movies. continued success of "star wars." "zootopia," surprise hit. that was the good news. but the problem continues to be the cord cutters and media department. so you had espn and disney channel, wasn't even subscriber growth problems. subscriber growth was stagnant which isn't great but the fact this idea, it is almost like something you're expecting to happen. so subscribers and advertisers, adv
lori rothman has the latest from the floor of the new york stock exchange. lori, disney had some hit movies. we were showing the new "star wars." "zootopia" was another one. not enough to move the needle overall, right? reporter: it did those movies and studio performance offset the performance this quarter somewhat, but to your point not enough to impress investors. talking about the happiest place on earth, this could be the saddest stock on wall street tomorrow. shares...
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May 18, 2016
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rothman. what do you have on the market? we are getting closer to the flatline. loriain on your parade but i have to point out the s&p 500 just crossed its 50 day, 200 day moving average and that happened in the last we 10 years, very bearish signal was so we are going to watch it from here. traders are on the phone, back to the desk. liz: repeat what you said about the s&p. lori: technicians out there who watch the levels and make investment decisions where markets are, 20-47 on the s&p 500, a 200 day moving average. when those levels cross the moving average crossed, could be a bearish signal. liz: the tao is getting closer to the flatline. two minutes to go. we might hit the flatline. lori: the interest rates look like we will get the june hike, treasuries and facility sectors all point to expected increase. liz: the alpine firm, you make a move on a day like today where the fed says june may be a possibility for a rate hike. >> und you see utility stocks down three, 4%. that is the part really hidden. no matters what happens with the fed, we think income generatin
rothman. what do you have on the market? we are getting closer to the flatline. loriain on your parade but i have to point out the s&p 500 just crossed its 50 day, 200 day moving average and that happened in the last we 10 years, very bearish signal was so we are going to watch it from here. traders are on the phone, back to the desk. liz: repeat what you said about the s&p. lori: technicians out there who watch the levels and make investment decisions where markets are, 20-47 on the...
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May 24, 2016
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lori rothman on the floor of the new york stock exchange. lori, let's kick it off with you. what is behind the rally today? reporter: what is so fascinating, melissa, to see a rally over 200 points, when all the talk in recent sessions is expectation of higher interest rates. so what happened? a poll was done in europe. shows the "brexit", u.k. leaving euro is not as popular as thought. they saw a rally here in the u.s. today. that was really locked in, if you will, by some pretty impressive housing numbers. some columnists were wondering whether the lost decade for u.s. housing is finally over. latest new home starts absolutely crushed expectations in a good way. so that led to a nice rally for the homebuilders today. to brothers reporting earnings. toll brothers leading industry up 3 1/2%. hovnanian up 6.7% in the session today. interesting in terms of industries. i want to point out you had financials, technology. some sectors beaten down of late. has a lot of folks wonder if we see short-covering as well against backdrop of high interest rates. one not so bright shining
lori rothman on the floor of the new york stock exchange. lori, let's kick it off with you. what is behind the rally today? reporter: what is so fascinating, melissa, to see a rally over 200 points, when all the talk in recent sessions is expectation of higher interest rates. so what happened? a poll was done in europe. shows the "brexit", u.k. leaving euro is not as popular as thought. they saw a rally here in the u.s. today. that was really locked in, if you will, by some pretty...
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May 17, 2016
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let's go back to lori rothman at stock exchange.i, lori,. >> happy 224th birthday new york stock exchange. you're greeted with a selloff today. it was a smart one at that. consumer price index coming in pretty hot. inflation creeping in a little bit. that is supportive of a fed rate hike. heard from fed speakers. more bets on the table we could in fact see a june rate hike. that was unbrem la theme. if you -- umbrella theme. if you break it down saw serious reaction on fears of inflation. i know you guys have a job cleaning up after the closing bell. let's look at home depot. home depot down 2 1/2% in the session. despite reporting better-than-expected earnings and financial forecast for 2016 as well. that shows you how concerned folks are. such a broad-based selloff. retailers, many of them fell to multiyear lows. significant drags on s&p 500 today. there is office depot off more than 3%. nordstrom down 2 1/3%. stein mart, also having a tough day, off 1 1/2%. short-term interest rates up. i want to throw it in too, david. that is s
let's go back to lori rothman at stock exchange.i, lori,. >> happy 224th birthday new york stock exchange. you're greeted with a selloff today. it was a smart one at that. consumer price index coming in pretty hot. inflation creeping in a little bit. that is supportive of a fed rate hike. heard from fed speakers. more bets on the table we could in fact see a june rate hike. that was unbrem la theme. if you -- umbrella theme. if you break it down saw serious reaction on fears of inflation....
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May 24, 2016
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lori rothman has more on a raid at's headquarters in france. what happened, lori? >> that's right.stigators swooped into google's offices in central paris. the move escalates where french authorities are trying to recover over $1 billion from the tech giant. now, the prosecutors do say the raid is part of a annual discovered probe. a google spokesperson says they are cooperating with french authorities. take a look at facebook shares. face displays trending topics after a report alleged that they suppress conservative stories. an internal investigation found no political favoritism so they're dropping the release on news outlets to help what gets posted as a trending topic on the social media's giant's website. all right. let's have a look at this stock. the facebook having a pretty good day. up 1.3% in the broad market rally. the countdown with the closing bell with liz claman will be right back. stick around it's more than a network and the cloud. it's reliable uptime. and multi-layered security. it's how you stay connected to each other and to your customers. with centurylink yo
lori rothman has more on a raid at's headquarters in france. what happened, lori? >> that's right.stigators swooped into google's offices in central paris. the move escalates where french authorities are trying to recover over $1 billion from the tech giant. now, the prosecutors do say the raid is part of a annual discovered probe. a google spokesperson says they are cooperating with french authorities. take a look at facebook shares. face displays trending topics after a report alleged...
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somehow i don't see lori rothman as a big star wars fan but maybe she has a princess leia outfit. wear on the side of my head. you make one heckuva jedi. may the force be with you. ashley: and you too. lori: stocks are sinking for a second consecutive session, weakness in the job market and the earnings front hitting the street hard ahead of the april jobs report. let's look at the tao down 109 points, off of the worst levels but down nevertheless and then there was one. donald trump's decisive win in indiana, billionaire businessman now the gop presumptive nominee. senator ted cruz vowing out after trump was
somehow i don't see lori rothman as a big star wars fan but maybe she has a princess leia outfit. wear on the side of my head. you make one heckuva jedi. may the force be with you. ashley: and you too. lori: stocks are sinking for a second consecutive session, weakness in the job market and the earnings front hitting the street hard ahead of the april jobs report. let's look at the tao down 109 points, off of the worst levels but down nevertheless and then there was one. donald trump's...
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i am lori rothman with fewer fox business brief. anyway you have the dow at 71. four tenths of 1%. major deal, though. today.rton calling it off. adriana have dug in dollar deal breakup. they will need that to buy back shares. calling antitrust concerns on this one. pharmaceuticals. mentioning warren buffett. the company is in our misleading flawed. off the workload sessions. struggling. off 70% year to date. we will keep an eye on this one for you. ♪ >> back on cavuto coast to coast. launching a criminal investigation into dole foods. it is over list area. linked to four different deaths. now her report coming out saying that dole knew about it. knew about the problem for a year. white-collar now from orlando. good to see you. hearing this from the company's point of view. this is a tough one for dole foods. >> well, i don't know. really focus on the fact that what is at issue is the bacteria that could have been list area. dating back to 2014. the doj, they may be doing an investigation. at this point, they become aware of the list area issues. they were indica
i am lori rothman with fewer fox business brief. anyway you have the dow at 71. four tenths of 1%. major deal, though. today.rton calling it off. adriana have dug in dollar deal breakup. they will need that to buy back shares. calling antitrust concerns on this one. pharmaceuticals. mentioning warren buffett. the company is in our misleading flawed. off the workload sessions. struggling. off 70% year to date. we will keep an eye on this one for you. ♪ >> back on cavuto coast to coast....
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May 17, 2016
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fox business's lori rothman with me from the floor of the new york stock exchange. lori, you saw a lot of action this afternoon. reporter: yeah a lot of trouble. on the 224th birthday of the new york stock exchange building as a matter of fact. what was the gift? a sharp selloff. there is the dow off 1% on the day. s&p down 1% and nasdaq as well. toughest day, worst day in five weeks for the broad market average and nasdaq. here is what happened. cpi showed a little bit of inflation. that is supportive of interest rate hike, right? you had fed speak. in particular den lockhart from atlanta, normally very dovish. he has not been in support of interest rates. he turned on a dime. things are looking pretty good. last gdp print wasn't so bad. got a little inflation with the cpi. the door is open for a june rate hike. that happened 2:00 p.m. eastern. the market at that time was down 1 to points. lost, 100 points and down 220 in a snap after the lockhart comments. once we hit a technical level on s&p 500 which put it in, support level that put the s&p into negative territo
fox business's lori rothman with me from the floor of the new york stock exchange. lori, you saw a lot of action this afternoon. reporter: yeah a lot of trouble. on the 224th birthday of the new york stock exchange building as a matter of fact. what was the gift? a sharp selloff. there is the dow off 1% on the day. s&p down 1% and nasdaq as well. toughest day, worst day in five weeks for the broad market average and nasdaq. here is what happened. cpi showed a little bit of inflation. that...
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May 23, 2016
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deirdre: thank you so much lori, lori rothman complete respects from floor of the new york stock exchange. >> speaking o stock moves, buyers, u.s. -- bayers, closed lower, month sano closing up more than 4%. babayer made an all cash offer for monsanto. if that merger goes through it would create the work's largest agro-chemical company, that is a big if. charlie gasparino with me with more. charlie, $62 billion is at you t may not go through. >> what we reported last night was on the money. the next 24-48 hours are crucial. they are close to a deal, they don't have a deal. they you know we would know that something was up by now because monsanto has been in meetings all day. they are taking this seriously. deirdre: with the bankers but it could be the government, because bayer is a german company is there edginess? >> i think there are two things, market is telling you, regulations could kill this. deirdre: first thing i thought. >> u.k. -- not u.k. e.u. regulators have stopped other cross border deals, and this would be a huge -- this would be the biggest german purchase of any u.s. comp
deirdre: thank you so much lori, lori rothman complete respects from floor of the new york stock exchange. >> speaking o stock moves, buyers, u.s. -- bayers, closed lower, month sano closing up more than 4%. babayer made an all cash offer for monsanto. if that merger goes through it would create the work's largest agro-chemical company, that is a big if. charlie gasparino with me with more. charlie, $62 billion is at you t may not go through. >> what we reported last night was on...
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May 18, 2016
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phil flynn, price futures group and fox news contributor, watching oil and gold from the cme an lori rothman on the floor of the new york stock exchange. lori, it started when the fed minutes hit at 2:00. >> they basically did indeed, david. more officials than ever in favor after june rate hike. fed funds futures factor in chances of the rate hike. 41%. message of the market is pointing toward a rate hike. we saw the swing as you pointed out in the market. basically as people are making their decision and their adjustments to plan for a higher interest rate environment. now we will close pretty close to the unchanged mark, don't forget. we had a sharp selloff yesterday. you have the s&p 500 crossing its 50 and 200-day moving averages, in the past signaled a bearish trend for the markets but treasury yields spiked today. the two year yield closed at two two-month high. short term rates very sensitive to interest rate moves. banks one of the best performers on the s&p 500. utilities, classic dividend players, were one of the worst industry sectors today, interesting, because you get more yiel
phil flynn, price futures group and fox news contributor, watching oil and gold from the cme an lori rothman on the floor of the new york stock exchange. lori, it started when the fed minutes hit at 2:00. >> they basically did indeed, david. more officials than ever in favor after june rate hike. fed funds futures factor in chances of the rate hike. 41%. message of the market is pointing toward a rate hike. we saw the swing as you pointed out in the market. basically as people are making...
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May 19, 2016
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lori rothman on the floor of the new york stock exchange. lori, first to you, the dow ending well off its lows today. >> that is important point, melissa. the first thing i heard on the floor there was conviction selling and any drift back was just short-covering. that he's where we are bearish conviction on wall street and investors on main street as well. let's break it down. retail was the outstanding story. walmart earnings, cisco, nike shares helped dow from falling deeper into negative territory today. on nasdaq down half a percent. costco however was up 3 1/2%. that is one bright light on the nasdaq composite index. as for the broad market average that was slightly lower. transocean, l brands, disappointing earnings from l brands, two of the biggest drags on s&p. urban outfitters another retailer with strong earnings. urban outfitters up 10% in the session. maybe that willbetter portend better news from the gap. airline traveling stocks, obviously egypt air crash, crisis very troubling. we did see he an impact on the airline stocks and
lori rothman on the floor of the new york stock exchange. lori, first to you, the dow ending well off its lows today. >> that is important point, melissa. the first thing i heard on the floor there was conviction selling and any drift back was just short-covering. that he's where we are bearish conviction on wall street and investors on main street as well. let's break it down. retail was the outstanding story. walmart earnings, cisco, nike shares helped dow from falling deeper into...
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get to the new york stock exchange, lori rothman standing by. >> stephen guilfoyle pointed out 15% volatilityrbalife. depending what the company says in after-the-bell earnings report, the stock has the potential to move up or down in price. obviously updates on the ftc investigation on herbalife. in terms of analysts' expectations it's interesting to see there are very few analysts covering herbalife. so controversial because of this investigation, well known activist investor bill ackman been tearing it down for years. what we can come up here, $109 from reuters on 1.07 billion in revenue. the earnings per share $4.65. we'll watch news corp. and gopro for you, too. >> this is a fascinating company. stay tuned to "after the bell." they'll have the numbers. only a few seconds left before the trade ends and before tomorrow's jobs report, economists say the u.s. added 202,000 jobs in april. how can we expect markets to react if the number comes in unexpectedly higher? lower? let's bring in mark, he has 60 billion in assets for janney and scott. what are the numbers for tomorrow? >> maybe a litt
get to the new york stock exchange, lori rothman standing by. >> stephen guilfoyle pointed out 15% volatilityrbalife. depending what the company says in after-the-bell earnings report, the stock has the potential to move up or down in price. obviously updates on the ftc investigation on herbalife. in terms of analysts' expectations it's interesting to see there are very few analysts covering herbalife. so controversial because of this investigation, well known activist investor bill...
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May 23, 2016
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lori rothman, what's the name? >> this is a company called universal display, liz.. goldman sachs defines this as iphone demand as hockey stick-style. straight up. goldman raising price target to the 76 bucks from $55 per share. apple as you mentioned having a banner day, up 1 1/2%. for very first time apple is going to use its organic led technology in its iphone. that will start next year. that was also mentioned this weekend in "barron's" magazine. >> liz: lori, thank you. >> thanks. liz: it is very easy to love a stock at 52-week high? maybe you should shun financial experts who tell to you do that and instead turn to stocks that are beaten down but not out. that is what bert tell son recommends in one sector. good to see you at global financial. >> great to be here, liz. liz: $4 billion under management. you didn't get there by buyings things at high, correct? >> correct. liz: how do you buy stock? >> you look for a stock with big discount to the market. you buy it when not so much bad news but no news on it. when all bad news is priced in. you like to have met
lori rothman, what's the name? >> this is a company called universal display, liz.. goldman sachs defines this as iphone demand as hockey stick-style. straight up. goldman raising price target to the 76 bucks from $55 per share. apple as you mentioned having a banner day, up 1 1/2%. for very first time apple is going to use its organic led technology in its iphone. that will start next year. that was also mentioned this weekend in "barron's" magazine. >> liz: lori, thank...
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this morning or this afternoon when you look at dow trading stocks we have phil flynn at cme and lori rothman at the new york stock exchange. lackluster day, huh. >> low volumes, trading range that pretty much sums it up. we did have exceptional stories. one on the nasdaq. we saw 43 new highs to finish out the day even though as you mentioned stocks were little changed. i think it is safe to say everybody is on fed watch. we'll hear from fed chief janet yellen come friday for rate moves, like a hike, will it be june, will it be july? everyone seems to find out more about the fed's timing on that. next story came from apple. shares better than 1% today. there is it rumor or report that the taiwan economic daily news saying apple asked its suppliers to bump up shipments to 75 million units from the mid 60 million units. so that gave the companies that supply the apple part as nice pop, a nice boost. companies like sirries logic up nearly 3%. cirrus logic. core very, arm, skyworks, all up 2%. connell: thanks, lori. melissa: phil, what is dragging them lower? >> oil prices under pleasure. supply
this morning or this afternoon when you look at dow trading stocks we have phil flynn at cme and lori rothman at the new york stock exchange. lackluster day, huh. >> low volumes, trading range that pretty much sums it up. we did have exceptional stories. one on the nasdaq. we saw 43 new highs to finish out the day even though as you mentioned stocks were little changed. i think it is safe to say everybody is on fed watch. we'll hear from fed chief janet yellen come friday for rate moves,...
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. ♪ ♪ >> i'm lori rothman on the floor of the new york stock exchange with today's tech minute.k zuckerberg emphasized his respect for conservatives when he met with them on wednesday. the goal? to combat allegations that the world's largest social network is politically biased. zuckerberg wrote on facebook, quote: donald trump has more fans on facebook than any other presidential candidate. and fox news drives more interactions on facebook than any other news outlet in the world. it's not even close. now, consumer health care under fire again, "the wall street journal" reporting that the company told federal health regulators it voided two years of results from its blood-testing devices. some patients received the wrong results that might lead to incorrect health decisions. now, this comes a few months after regulators found major problems at their california lab. these guys represent blood cells. if you have afib not caused by a heart valve problem, pradaxa helps stop blood cells from pooling in the heart... forming a clot... which can travel to the brain and cause a stroke. p
. ♪ ♪ >> i'm lori rothman on the floor of the new york stock exchange with today's tech minute.k zuckerberg emphasized his respect for conservatives when he met with them on wednesday. the goal? to combat allegations that the world's largest social network is politically biased. zuckerberg wrote on facebook, quote: donald trump has more fans on facebook than any other presidential candidate. and fox news drives more interactions on facebook than any other news outlet in the world....
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lori rothman. stay tuned after the bell we'll bring you quarterly results for disney.r electronic arts. do. first quarter growth up half a percent. corporate profits fallen for four straight quarters. mike sorrentino says his client are worried recession is imminent. they're calling you saying is recession coming, what do you say? >> absolutely not. they're worried about it. we haven't seen one in a while. seven or eight years for recession. liz: cycle usually goes that way. >> the problem is, that was not average recession, we can all agree, right? you have expectation it will take a lot longer for the country and economy to get back where it was. not the fact that fed doesn't want us to go into recession. is the main driver of economic downturn, that the fed puts brakes on the economy. that is last thing they want. i don't see how we go into recession anytime soon. liz: you have 5.8 billion in assets under management. i would love to know what criteria you're using now with slow growth to pick stocks. what are you do, what do you pick for? >> not a lot out of it. sal
lori rothman. stay tuned after the bell we'll bring you quarterly results for disney.r electronic arts. do. first quarter growth up half a percent. corporate profits fallen for four straight quarters. mike sorrentino says his client are worried recession is imminent. they're calling you saying is recession coming, what do you say? >> absolutely not. they're worried about it. we haven't seen one in a while. seven or eight years for recession. liz: cycle usually goes that way. >> the...
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May 11, 2016
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lori rothman is talking about this. one bad print from macy's is tearing the market down?peter took off. looks like einstein 2.0 with gray curly hair. it is about disney and macy's eviscerating market. what a difference a day makes. you had 222-point gain on the dow. that visiter allly erased today. everyone was optimistic about earnings. economy may into not be so bad. fed ray not raise interest rates. surprising miss for disney, that has everyone concerned. does any widely-held stock. a lot of retirement plans have disney shares. thinking about pocketbooks, people may be stingy going forward with the spending, back to you. liz: intraday picture, walt disney looking ugly. what is not looking bad, gold up 14 bucks. goldman sachs up forecast for price of gold next few months. jpmorgan joining party, that gold will jump to $1400 an ounce. that is in the cards for precious metal. peter schiff you know him. he is bullish on gold when it was down and up. europacific fund. what is the investments year-to-date. >> gold investments are doing the best. liz: define that? >> double o
lori rothman is talking about this. one bad print from macy's is tearing the market down?peter took off. looks like einstein 2.0 with gray curly hair. it is about disney and macy's eviscerating market. what a difference a day makes. you had 222-point gain on the dow. that visiter allly erased today. everyone was optimistic about earnings. economy may into not be so bad. fed ray not raise interest rates. surprising miss for disney, that has everyone concerned. does any widely-held stock. a lot...
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May 31, 2016
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phil flynn, price futures group, fox business contributor is watching action in oil and gold and lori rothman on floor of the new york stock exchange. talk to me about today's selloff. what was the action? >> most of this investors positioning themselves what is more and more likely fed interest rate hike this summer. will be june? fed funds futures pricing 21% that is happening or july. what is most sensitive to fed actions they're behaving just like they did before the december rate hike which as you know was the first rate hike in that time in 10 years. look at the internals of three benchmark averages. exciting day for the dow. even though down 87 points at the close it will close in positive territory for the month of may. dow is up five consecutive months, for month of may worth noting by only 10 points. as far as the broad market average, it is now up three months in a row. leading sectors for may, technology, health care, financials. those sectors got a lot of coverage with the gains we did see. a lot of that based on. nasdaq closes higher. up two out of last three months. vix obvious
phil flynn, price futures group, fox business contributor is watching action in oil and gold and lori rothman on floor of the new york stock exchange. talk to me about today's selloff. what was the action? >> most of this investors positioning themselves what is more and more likely fed interest rate hike this summer. will be june? fed funds futures pricing 21% that is happening or july. what is most sensitive to fed actions they're behaving just like they did before the december rate...
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May 12, 2016
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lori rothman on floor of new york stock exchange with more on the numbers and retail sector getting slammedday. reporter: this is sign of the times, melissa. retail stores, department stores are getting hammered. kohl's eviscerated the marketplace yesterday. first quarter for nordstrom expected at 45 cents. we got 36 cents per share. revenue soft at 3.25 billion. 3.2-- 3.28 billion was forecast. worse than that nordstrom lowered 2016 forecast. same-store sales down 2%. sales trends were below our own expectations, no surprise. they're blaming all of this on higher markdowns which helped them to better align inventory. people aren't buying things from these department stores, right? nordstrom, by the way, let me point out here, that is, at one point shares of nordstrom in the extended session down nearly 15%. macy's, kohl's, gap, amazon interestingly hit lifetime high. that speaks volumes about shopping trend, doesn't it? melissa: really does and how people acquire that. lori, thank you very much. david: nordstrom down, amazon up and effects of $15 wages are happening at wendy's. self-servic
lori rothman on floor of new york stock exchange with more on the numbers and retail sector getting slammedday. reporter: this is sign of the times, melissa. retail stores, department stores are getting hammered. kohl's eviscerated the marketplace yesterday. first quarter for nordstrom expected at 45 cents. we got 36 cents per share. revenue soft at 3.25 billion. 3.2-- 3.28 billion was forecast. worse than that nordstrom lowered 2016 forecast. same-store sales down 2%. sales trends were below...
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May 17, 2016
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is it all about the fed as we heard from lori rothman, cpi is up, housing is up, all of this suggestinge fed has more reason to raise those interest rates. would agree? >> i don't think they're going to. yes, those are positive things but in the big picture, still trading sideways for the last six weeks or so. a wide range where the market is going to make a decision where are we going to move next? obviously we're coming off the lows and backing off and as you saw with home depot, you have the sell the fact-type news. nothing but great things to say. everything was up and guess what? they just made all-time highs last week. and in anticipation with that, some people are using that as a reason to take some money off the table. so we'll have to see where things are on a weekly basis. but, you know, we're getting a lot of bounce. i don't think the rate hike is going to happen. there's really just a small, small chance as you just alluded to there. but we've got coming up and i don't think that our policy is going to be changing ahead of something that substantial. >> that's interesting. t
is it all about the fed as we heard from lori rothman, cpi is up, housing is up, all of this suggestinge fed has more reason to raise those interest rates. would agree? >> i don't think they're going to. yes, those are positive things but in the big picture, still trading sideways for the last six weeks or so. a wide range where the market is going to make a decision where are we going to move next? obviously we're coming off the lows and backing off and as you saw with home depot, you...
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May 18, 2016
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. >> down here on the new york stock exchange i'm lori rothman with your fox business brief. you are, have a lot of friends in facebook marking four years since debuting here on wall street. actually the nasdaq to be exact. what a four years it has been after debuting at 38 bucks a share. shares trading at $118. that is 209% increase. it was tough start. nasdaq, there was computer glitch. shares lost about half their value in subsequent weeks. thanks to the transition from the desktop to mobile. facebook is really enjoying tremendous run of late. look at lowe's joining home depot reporting better-than-expected earnings per share. look at lowe's, surging ahead, 4.25% gain. home depot up slightly. not a huge turn around from home depot's huge declines. worst performer on the dow yesterday. more "cavuto: coast to coast" after a short break. recently, a 1954 mercedes-benz grand prix race car made history when it sold for a record price of just under $30 million. and now, another mercedes-benz makes history selling at just over $30,000. ♪ and to think this one actually has a surro
. >> down here on the new york stock exchange i'm lori rothman with your fox business brief. you are, have a lot of friends in facebook marking four years since debuting here on wall street. actually the nasdaq to be exact. what a four years it has been after debuting at 38 bucks a share. shares trading at $118. that is 209% increase. it was tough start. nasdaq, there was computer glitch. shares lost about half their value in subsequent weeks. thanks to the transition from the desktop to...
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May 11, 2016
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i'm lori rothman with your fox business brief. mode one day after dow and s&p chucked up best day in two months. what a difference a day makes. the dow off .8 of a percent. oil though is up. oil-related stocks are up as well. we had a surprise inventory decline. we were expecting a build. so therefore, oil is up about 3.25% here. let's take a look at fossil. bad earnings. this is really disney, fossil. disappointing, missing expectations, slashing its forecast. fossil is down 60%. another 28% today. this is a new low. what's the problem? folks are increasingly preferring digital watches and smartphones to traditional watches. that is having a knock down effect on some other retailers today. tiffany, coach, kors, all down by a whole lot. back to "coast to coast." a great part of using the usaa car buying service was seeing the different discounts. it had like a manufacturer discount, it had a usaa member discount. all of them were already built in to the low price. i know that i got a better deal than i would have on my own. usaa c
i'm lori rothman with your fox business brief. mode one day after dow and s&p chucked up best day in two months. what a difference a day makes. the dow off .8 of a percent. oil though is up. oil-related stocks are up as well. we had a surprise inventory decline. we were expecting a build. so therefore, oil is up about 3.25% here. let's take a look at fossil. bad earnings. this is really disney, fossil. disappointing, missing expectations, slashing its forecast. fossil is down 60%. another...
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May 12, 2016
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. >> good afternoon, live from the floor of the new york stock exchange i'm lori rothman with your fox selling off slightly. one of the drags on the dow happens to be apple. dow off 41 points or quarter of a 1%. apple hitting two-year low. of the at one point shares were below $90. that hasn't happened since 2014. interesting side story here is that the market cap of apple has now dropped below alphabet. parent company of google. talk about sign of the times? look at gopro. shares off 90% from record high which was 98.47. this is new low for gopro today, down more than 6 1/2%. damage started last week with very disappointing earnings report. the gopro shifting now from cameras to drones. hopefully that strategy will pay off for gopro. much more "coast to coast." neil: we're only couple weeks away from the memorial day weekend. unofficial start of summer vacation for a lot of folks and some nice surprises at pump. gas is up a little bit but still very, very low. how long will that be the case? we have energy analyst extraordinaire on that. what do you think, andy, as you look at summer
. >> good afternoon, live from the floor of the new york stock exchange i'm lori rothman with your fox selling off slightly. one of the drags on the dow happens to be apple. dow off 41 points or quarter of a 1%. apple hitting two-year low. of the at one point shares were below $90. that hasn't happened since 2014. interesting side story here is that the market cap of apple has now dropped below alphabet. parent company of google. talk about sign of the times? look at gopro. shares off 90%...
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May 24, 2016
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reporter: good afternoon, from the floor of the new york stock exchange i'm lori rothman with your foxbrief. zero in on shares of monsanto. after a short pause, the company is up 2.25% right now. the company was halted while it said to responded to yesterday's proposal from bayer, the $62 billion proposal. that offer was incomplete and financially inadequate, in other words cheap but monsanto will keep talks open. >>> gopro has a multiyear agreement with red bull. they are looking to grow the extreme sports programing into overall media company. doing the deal with gopro. because it uses gopro cameras attached to exdream athletes to do some of that programing. red bull wit get some go pro-equity. i don't know about that but it is down 45% year-to-date neil: all right. time for, our segment. a lot of people get cool investment ideas or buzz for things happening. if you're into headphones and had it constantly adjusting volume, wouldn't it be cool if the headphones do that for you? in other words adapt to your own hearing. he has come up with such a thing. they are headphones. coo, go fo
reporter: good afternoon, from the floor of the new york stock exchange i'm lori rothman with your foxbrief. zero in on shares of monsanto. after a short pause, the company is up 2.25% right now. the company was halted while it said to responded to yesterday's proposal from bayer, the $62 billion proposal. that offer was incomplete and financially inadequate, in other words cheap but monsanto will keep talks open. >>> gopro has a multiyear agreement with red bull. they are looking to...
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May 17, 2016
05/16
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live from new york stock exchange, i'm lori rothman, begin with a trip from home depot.t. home depot raised guidance and lower. shares off it%. don't know exact reason for the decline, broad market weakness. maybe profit-taking off the top there. it has been a tremendous couple years for home depot. you're looking at year-to-date chart. shares at $132.70. over the last 52 weeks those shares are up 20%. >>> let's look at red robin gourmet burger. the restaurant company a different story with its earnings. huge disappointment. shares getting crushed today, down nearly 16%. boy, look at red robin compared to rival mcdonald's. mcdonald's easting red robin for breakfast, lunch and dinner. mcdonald's up 32% in the past year. back to "cavuto: coast to coast." neil: wanted ben rhodes to testify at hearings. white house advisors is not there. blake burman the latest on what congress is trying to whether they were playing fast and loose with the facts. blake. >> good afternoon to you, neil. republicans lamented in house hearing ended a little while ago that ben rhodes did not test
live from new york stock exchange, i'm lori rothman, begin with a trip from home depot.t. home depot raised guidance and lower. shares off it%. don't know exact reason for the decline, broad market weakness. maybe profit-taking off the top there. it has been a tremendous couple years for home depot. you're looking at year-to-date chart. shares at $132.70. over the last 52 weeks those shares are up 20%. >>> let's look at red robin gourmet burger. the restaurant company a different story...
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May 10, 2016
05/16
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. ♪ >> good afternoon from the floor of the new york stock exchange, i'm lori rothman with your fox businessnderway. up 181 across the board for benchmark averages. s&p crossed support level today. after that all bets are off. everybody is buying into risk today. you have a nice swing up in oil prices and investors looking at earnings reports ahead of bell. disney up a buck 14 ahead of its report. electronic arts little changed. allergan shares big winner today up three, now almost 4% on stronger-than-expected earnings. also this following the pfizer merger, potential merger which has now fallen apart. so pfizer is down a little bit today, off .6 of a percent at last check. once again, disney, fossil, planet fitness, videogame maker electronic arts will bring us the latest quarterly numbers after the close. let's get you back to "cavuto: coast to coast." we were born 100 years ago into a new american century. born with a hunger to fly and a passion to build something better. and what an amazing time it's been, decade after decade of innovation, inspiration and wonder. so, we say thank you am
. ♪ >> good afternoon from the floor of the new york stock exchange, i'm lori rothman with your fox businessnderway. up 181 across the board for benchmark averages. s&p crossed support level today. after that all bets are off. everybody is buying into risk today. you have a nice swing up in oil prices and investors looking at earnings reports ahead of bell. disney up a buck 14 ahead of its report. electronic arts little changed. allergan shares big winner today up three, now almost...
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May 31, 2016
05/16
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. >> very good afternoon, live from the floor of the new york stock exchange i'm lori rothman with yourw is hanging on to positive territory on the last trading day of may by just about 20 points right now. the dow is down 83 points and we do see red across benchmark averages here in the midday session. talk about shares of verizon reaching a tentative deal with leaders ever striking unions of the they have agreed to pay raises and new jobs. hopefully that will end a walkout that lasted about seven weeks. >>> check out shares of valley ant. former chairman is returning to the company as consultant with the drugmaker. this goes through 2017. he will be paid hundreds of thousands of dollars to do this. pierson left valeant on may 2nd, after you recall the company was criticized for sharply increasing drug prices. valeant shares up one-half of 1%. now book to more "cavuto: coast to coast." connell: so people worried about venezuela and fears of an economic collapse there, boy, ugliness on streets of venezuela, pushing some of the airlines as adam shapiro porting to us earlier, to suspend a
. >> very good afternoon, live from the floor of the new york stock exchange i'm lori rothman with yourw is hanging on to positive territory on the last trading day of may by just about 20 points right now. the dow is down 83 points and we do see red across benchmark averages here in the midday session. talk about shares of verizon reaching a tentative deal with leaders ever striking unions of the they have agreed to pay raises and new jobs. hopefully that will end a walkout that lasted...
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May 23, 2016
05/16
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reporter: good afternoon, live from the new york stock exchange i'm lori rothman.emical company bayer to buy monsanto. shares of bayer off 4 1/2%. monsanto shares surging up more than 5%. here is where monsanto is, that is lot less than 37% premium that bayer offered which is $122 a share. that difference in price shows that some of those monsanto shareholders are not confident that is the right deal. >>> accused of cheatings by german authorities. shares are down 5%. volkswagen accused cheating on emission tests. fiat chrysler says that their emissions meet the standard. more "coast to coast" coming up. >> i'm adam shapiro live at new york city's fame must murray's cheese shop because there is a glut of cheese nationwide and cheese prices are falling. some of those numbers on that. this is three-pound hunk of caso here. we eat 12 of these. that glut, we would have to eat another 3-pound chunk. 1.2 billion pounds of cheese in storage in in excess. we spoke to the head of merchandising here at murray's cheese shop. >> demands in 2014 that raise the production of mil
reporter: good afternoon, live from the new york stock exchange i'm lori rothman.emical company bayer to buy monsanto. shares of bayer off 4 1/2%. monsanto shares surging up more than 5%. here is where monsanto is, that is lot less than 37% premium that bayer offered which is $122 a share. that difference in price shows that some of those monsanto shareholders are not confident that is the right deal. >>> accused of cheatings by german authorities. shares are down 5%. volkswagen...
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May 25, 2016
05/16
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i'm lori rothman from the floor of the new york stock exchange.p 4% year-to-date, despite reporting a pretty significant recall. here are the details, 271,000, f-150 pickups in north america manufactured from the 2013 through 2014 model year. apparently it is a brake fluid leak. 3.5-liter v 6 engine models. you have the problem with the brake fluid leak. >>> retail express cut guidance after reporting disappointing retail growth. shares hitting a new low for shares of express. shares not much better for tiffany, posting the deepest sales drop since the financial crisis. the company blaming strong dollar keeping tourists from spending more at u.s. stores. "cavuto: coast to coast" continues after this. >> i'm adam shapiro in the fox business newsroom. the committee on natural resources has voted to send a bill to save puerto rico for a full vote.o is drowning under $70 billion in debt, more than every state in the union except california and new york. puerto rico is expected to default on $2 billion of the debt on july 1st even if congress intervene
i'm lori rothman from the floor of the new york stock exchange.p 4% year-to-date, despite reporting a pretty significant recall. here are the details, 271,000, f-150 pickups in north america manufactured from the 2013 through 2014 model year. apparently it is a brake fluid leak. 3.5-liter v 6 engine models. you have the problem with the brake fluid leak. >>> retail express cut guidance after reporting disappointing retail growth. shares hitting a new low for shares of express. shares...
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let's go down to lori rothman. having a fantastic day.ld hitting that important level of $1300. still up, as you can see. 1293. that is giving the gold stocks. the gold miners etf. some of those stocks. back to you. >> thanks a lot. transgender bathroom policy. getting really big. we cannot get enough of this amazing video. should i enter showing the moment like the gens. technology has finally caught up with the pro-life movement. what we are seeing is it is the folks on the left. the pro- abortionists. they are absolutely -- there is no question about the humanity of a pre-born baby. ♪ it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold, because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well fitting dentures let in food particles. just a few dabs of super poligrip free is clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not ab
let's go down to lori rothman. having a fantastic day.ld hitting that important level of $1300. still up, as you can see. 1293. that is giving the gold stocks. the gold miners etf. some of those stocks. back to you. >> thanks a lot. transgender bathroom policy. getting really big. we cannot get enough of this amazing video. should i enter showing the moment like the gens. technology has finally caught up with the pro-life movement. what we are seeing is it is the folks on the left. the...