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Aug 30, 2012
08/12
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they're suing mario puzzo's children for punitive damages after mario puzzo saved that studio.y, reprehensible what paramount is doing. it's a typical example of bullying, trying to outspend a far less equipped defendant. >> right. dale, this was -- >> they're taking advantage of the fact they have the big bucks. >> dale, this was signed at a very different time. book publishing was in a different era. the money involved was a lot less. they had no idea it was going to be this big a deal. is paramount taking advantage of that situation as a result? >> the estate has made millions of dollars as a result of this. the investment that paramount has put into this has made "godfather" such a success. one of the things a movie studio would be concerned about is someone free riding on that success or diluting the value of that success. one of the wonderful things about "the godfather" is its quality. we're talking about proposed sequels unfortunately not written by mario puzzo, but by someone else. that's very different. the language at issue does seem on its face to say that you can p
they're suing mario puzzo's children for punitive damages after mario puzzo saved that studio.y, reprehensible what paramount is doing. it's a typical example of bullying, trying to outspend a far less equipped defendant. >> right. dale, this was -- >> they're taking advantage of the fact they have the big bucks. >> dale, this was signed at a very different time. book publishing was in a different era. the money involved was a lot less. they had no idea it was going to be this...
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twice the average rate in euro zone countries plus analysts say italian technocrat prime minister mario monti. excuse me that wasn't a cause he's a technocrat i just actually i'm sick he is really stepping up to germany and ways once unthinkable in a fight to save italy which is deep in recession but what is the real breakdown of the crisis right now when you put it this way. the good. the bad. well let's bring constantine to help us sort out this ugly mess he's an economist and coeditor of this book what if ireland defaults and he's going to help us sort it out so first of all thank you for being on the show it's always a pleasure to have you won thank you laura let's start by dividing and conquering the good the bad in the ugly which is something that you actually came up with before we get to why we're dividing accordingly who is the good who is the bad and who is the ugly look at the eurozone crisis. the good the bad the ugly is really the trifurcation of europe it's a split in three parts of european core traditionally both in terms of the mythology political mythology that the spe
twice the average rate in euro zone countries plus analysts say italian technocrat prime minister mario monti. excuse me that wasn't a cause he's a technocrat i just actually i'm sick he is really stepping up to germany and ways once unthinkable in a fight to save italy which is deep in recession but what is the real breakdown of the crisis right now when you put it this way. the good. the bad. well let's bring constantine to help us sort out this ugly mess he's an economist and coeditor of...
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Aug 2, 2012
08/12
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mario monti on tour about how to solve the euro crisis.nd yes, and it became obvious at the last summit in brussels where finland already positioned itself as a hard-liner country. germany is very much in the spotlight, but germany is the bigger economy as well, and people are looking to germany more than they are and looking to finland. what mario monti is likely to achieve is that it will increase awareness for the country's with increased difficulty for the country but would not change politicians' minds in the north, especially when it comes to a strict no regarding the banking license for the eosin. >> it is also amazing to see this public lobbying going on now among eurozone leaders. how did you see this playing out? >> that will just depend on how sustainable the situation is when it comes to borrowing costs. italy and spain is costs are soaring. other countries are experiencing even negative rates, and this phenomenon just highlights that the eurozone really needs to do more to achieve full economic and fiscal integration. the mark
mario monti on tour about how to solve the euro crisis.nd yes, and it became obvious at the last summit in brussels where finland already positioned itself as a hard-liner country. germany is very much in the spotlight, but germany is the bigger economy as well, and people are looking to germany more than they are and looking to finland. what mario monti is likely to achieve is that it will increase awareness for the country's with increased difficulty for the country but would not change...
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Aug 28, 2012
08/12
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some surprising news as well from mario draghi in just a moment. our road map starts off on off the gulf coast where tropical storm isaac has almost reached hurricane status and is expected to make landfall today or tomorrow. the question is where exactly. what's next for gas prices with nearly all oil production in the gulf halted? >>> mario draghi canceling on jackson hole citing a heavy workload over the next couple daus. what that means for the fed conference and whether something important could be brewing at the ecb. >>> tough times for old tech. lexmark laying off 13% of its work force. says it will stop making ink jet printers as the journal says do not trust the turnaround at another pc giant, hewlett-packard. we'll begin with crude oil prices rising back above $96 a barrel as tropical storm isaac has led to refinery shutdowns in the gulf. gas prices also rising due to isaac. the latest survey from aaa shows the national price for a gallon of regular gas edging higher to more than $3.75. the president expected to issue a statement on tropi
some surprising news as well from mario draghi in just a moment. our road map starts off on off the gulf coast where tropical storm isaac has almost reached hurricane status and is expected to make landfall today or tomorrow. the question is where exactly. what's next for gas prices with nearly all oil production in the gulf halted? >>> mario draghi canceling on jackson hole citing a heavy workload over the next couple daus. what that means for the fed conference and whether something...
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Aug 22, 2012
08/12
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guest host mario gabelli as well.soned investors like you think when they look at facebook and social media in general? >> well, we'd actually been to visit facebook about, i don't know, a month ago, two months ago. i thought it was a neat place to visit. reminded me of disneyland with the little walk through the property. i thought it was a neat company. i thought they know more about everyone than anyone else can and i think ultimately it will be a successful business. we've been working on it. we haven't decided whether or not we're going to invest in it but it is an attractive business in my opinion. >> what is your take, mario? >> we invest in what we know. we like to have a private market value. when we look at national fuel and gas we're buying significantly we can value for free. i can get almost 500 plus acres into marcellus for free, i know how to value that, i know how to do it. >> social media you can't value? >> no, it's not an expertise. we have guys in our firm, we let them figure it out. it's not my co
guest host mario gabelli as well.soned investors like you think when they look at facebook and social media in general? >> well, we'd actually been to visit facebook about, i don't know, a month ago, two months ago. i thought it was a neat place to visit. reminded me of disneyland with the little walk through the property. i thought it was a neat company. i thought they know more about everyone than anyone else can and i think ultimately it will be a successful business. we've been...
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Aug 1, 2012
08/12
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it was initiated by comments by mario draghi last week. there's a lot of hope for some sort of big solution to the crisis. what is the view in berlin? >> the general view is things have to go there course as agreed, but there is also -- there are grave misgivings about giving more power to the ecb and to the supervisory structures -- until supervisory structures are in place at the very least. those misgivings have been strengthened by recent reports in the last few days that mario draghi himself is under investigation by the eu ombudsman by -- for a possible conflict of interest that he has retained his interest in a powerful banking lobby after taking control of the ecb. >> mario draghi himself seeing some heat their possibly. thanks for that. >> amid all the jockeying over rescue funds and banking licenses, today, another reminder of the human cost of this crisis. >> unemployment in the eurozone has hit another record high at 11.2%. in many countries, it is even worse. in spain, the figure is almost 25%. >> the disparities are huge. the
it was initiated by comments by mario draghi last week. there's a lot of hope for some sort of big solution to the crisis. what is the view in berlin? >> the general view is things have to go there course as agreed, but there is also -- there are grave misgivings about giving more power to the ecb and to the supervisory structures -- until supervisory structures are in place at the very least. those misgivings have been strengthened by recent reports in the last few days that mario draghi...
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Aug 29, 2012
08/12
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you can also go and join angela and mario later. we have earnings out of bank, first off net profit 85 billion yuan. marginally lower than consensus forecast. first off net energy margin, 2.85, lower than the 2.97 at the end of march. 1.39 at the end of union. it was 1.44% at the end of march. staying in china, chinese companies are seeing a rise in late payment and even debt default from companies. they say money owed to machinery and coal is at high lateness and they're worried it will spread to other companies. ndr says speculative on real estate is. the an op-ed is calling on the ecob to further cuts to bank requirement ratios ahead of where chinese growth might be when we get the official numbers saturday, 3:00 in the morning cet. investors expect manufacturing to come to a nine-month low to 50 from july's 50.1. how weak is the chinese, in your view? >> i don't think we'll have a hard landing. i think the emphasis of policy has moved away from fighting inflation to supporting growth and they'll do whatever is necessary to keep
you can also go and join angela and mario later. we have earnings out of bank, first off net profit 85 billion yuan. marginally lower than consensus forecast. first off net energy margin, 2.85, lower than the 2.97 at the end of march. 1.39 at the end of union. it was 1.44% at the end of march. staying in china, chinese companies are seeing a rise in late payment and even debt default from companies. they say money owed to machinery and coal is at high lateness and they're worried it will spread...
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drag you super mario say that everything in its power at the e.c.b. would do in order to salvage the euro but apparently nothing nothing so far has been announced that has been a sheer disappointment to the markets well campbell from london capital group says this is because easy be pretty much lax tools to act right now. the most important thing about the e.c.b. and its current mandate is that it does not have the same sort of powers of other central banks like the federal reserve or the bank of england it is very restricted in washington can do it hasn't specifically got the power to really do you full blown quantitative easing and it's the likes of germany the paymaster of europe who are really trying to drive home that the e.c. be must not step outside its mandate so without powers there is no much they can do beyond as i say what they've already done this is this isn't enough for the market. this is the reaction basically on the market that and also to the fact that factory orders in june came in with a decline of half of the said and therefore w
drag you super mario say that everything in its power at the e.c.b. would do in order to salvage the euro but apparently nothing nothing so far has been announced that has been a sheer disappointment to the markets well campbell from london capital group says this is because easy be pretty much lax tools to act right now. the most important thing about the e.c.b. and its current mandate is that it does not have the same sort of powers of other central banks like the federal reserve or the bank...
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Aug 2, 2012
08/12
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i'm steve liesman monitoring mario draghi's press conference. got clarity on what it would take for the ecb to come in with high interest rates relative to unknown bench marks. he seems to be clearing that a country must first ask for assistance from the european financial stability fund, and at that point the ecb could come in with a bond-buying program. so this is not a separate policy operation by the ecb. they seem to be tying it to the larger rescue fund operation, which is why they're going to have to design programs. so, guys, this is not something that may happen relatively quickly as in next week the ecb comes in. that's why he's saying it's substantially different from other bond purchases that they have done in the past. the new different program, i think maybe enhancing the fire wall but perhaps not as fast as the market may expect, guys. ? thank you so much, steve liesman. >> a lot to look at in terms of this market. not only do we have what's going on with the ecb and europe but a lot of individual stock stories. gm earnings, for i
i'm steve liesman monitoring mario draghi's press conference. got clarity on what it would take for the ecb to come in with high interest rates relative to unknown bench marks. he seems to be clearing that a country must first ask for assistance from the european financial stability fund, and at that point the ecb could come in with a bond-buying program. so this is not a separate policy operation by the ecb. they seem to be tying it to the larger rescue fund operation, which is why they're...
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Aug 28, 2012
08/12
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this is the "man, mario kart was so much fun." [ laughter ] "i'm going to play mario kart right now."the "mario kart was awesome, because it was racing, but instead of cars, it was go-karts. and instead of people, it was nintendo characters. you got your mario. you got your luigi. you got your koopa troopa. but i always picked yoshi. heh heh, yoshi rules." [ laughter ] [ cheers and applause ] just from his face. [ cheers and applause ] yeah, you can tell by his -- >> yeah. >> jimmy: this next one is called "see, the reason yoshi was good is because he was fast at accelerating, but when he got hit by a red turtle shell, which is turtle shell you throw that automatically hits the guy ahead of you, kind of like a heat-seeking missile. speaking of missiles, we should give our military red turtle shells." [ laughter ] "this way, when they shoot them, they definitely hit the enemy. unlike green turtle shells which you can't control and you need perfect aim to use. anyway, yoshi was great, because he's fast. heh heh heh, good times." [ laughter and applause ] must have been -- must have been
this is the "man, mario kart was so much fun." [ laughter ] "i'm going to play mario kart right now."the "mario kart was awesome, because it was racing, but instead of cars, it was go-karts. and instead of people, it was nintendo characters. you got your mario. you got your luigi. you got your koopa troopa. but i always picked yoshi. heh heh, yoshi rules." [ laughter ] [ cheers and applause ] just from his face. [ cheers and applause ] yeah, you can tell by his --...
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Aug 3, 2012
08/12
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. >> ecb present -- the speech by ecb president mario draghi disappoints markets. >> the song of followsladimir putin everywhere he goes in london. >> "it was impossible to do my job" -- the words of kofi annan today as he resigned as special envoy to syria. >> the peace plan looks more irrelevant than ever as fighting in syria shows no sign of ending. >> kofi annan appeared frustrated man today enplaned name-calling and finger-pointing at the security council for his decision -- and blamed name- calling and finger-pointing. >> after six months of disappointment and frustration, kofi annan is giving up on his mission impossible in syria. >> i have therefore informed the secretary general of deep un and the set -- of the un and the secretary-general today that i will not continue my mission. >> he blames divisions in the united nations security council and lack of international unity. >> without serious purposeful united and international pressure, it is impossible for me or anyone to compel the syrian government in the first place and also the opposition to take the steps necessary to be
. >> ecb present -- the speech by ecb president mario draghi disappoints markets. >> the song of followsladimir putin everywhere he goes in london. >> "it was impossible to do my job" -- the words of kofi annan today as he resigned as special envoy to syria. >> the peace plan looks more irrelevant than ever as fighting in syria shows no sign of ending. >> kofi annan appeared frustrated man today enplaned name-calling and finger-pointing at the security...
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Aug 15, 2012
08/12
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mario..fue aproximadamente a las cuatro de esta tarde que los formularios fueron publicados en la pagina de internet de la agencia. ..para buscar la solicitud e imprimirla, vaya a la pagina de internet del servicio de inmigracion y aduana. la direccion es www.uscis.gov. mario.. gracias silvana..precisamente el director de servicio de inmigracion y ciudadania dio mas informacion sobre el proceso de solicitudes... los detalles los tiene fernando pizarro. *+ los servicios de ciudadania e inmigracion ya hicieron disponibles al publico los formularios para postular a la accion diferida para jovenes indocumentados. los postulantes deberan llenar el nuevo formulario i-821d para la accion diferida y el formulario 765. los jovenes de la organizacion united we dream ya lo hacian en preparacion de 1 febril 15 de agosto. myrna orozco, joven elegible a accion diferida en cuando nos dijeron en 1 llamado del departamento de seguridad interna, todos inmediatamente sonaban a mil por hora en las computadoras b
mario..fue aproximadamente a las cuatro de esta tarde que los formularios fueron publicados en la pagina de internet de la agencia. ..para buscar la solicitud e imprimirla, vaya a la pagina de internet del servicio de inmigracion y aduana. la direccion es www.uscis.gov. mario.. gracias silvana..precisamente el director de servicio de inmigracion y ciudadania dio mas informacion sobre el proceso de solicitudes... los detalles los tiene fernando pizarro. *+ los servicios de ciudadania e...
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Aug 2, 2012
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all eyes on mario drogge.hey can't wait to see if they will start to rebuy bonds. >> spanish unemployment falls in july as tyre hiring for the tourist season kicks in but the costs rise. >> sony fails to deliver on its promise to get back into the black as losses widen on weak european demand and the rising yen. >> and bnp paribas shares the top french market after the bank beetss expectations and shows it strengthened its capital base. the ceo is happy with the results. >> in terms of absolute terms, return on equity, libor, in this new environment, we are really well-position well-positioned. >> germany tire maker continental has raise the full-year forecast after posting stronger than expected second quarter results. joining us first on cnbc is the ceo. thanks for being with us this morning. you know, we've seen such weakness in european car sales figures in particular. what's supporting your business? >> we see the weakness in the europe can cars as well and some weakness in south america. where we profit
all eyes on mario drogge.hey can't wait to see if they will start to rebuy bonds. >> spanish unemployment falls in july as tyre hiring for the tourist season kicks in but the costs rise. >> sony fails to deliver on its promise to get back into the black as losses widen on weak european demand and the rising yen. >> and bnp paribas shares the top french market after the bank beetss expectations and shows it strengthened its capital base. the ceo is happy with the results....
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Aug 2, 2012
08/12
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i would like to talk to steve to see if mario draghi is one of the super mario brothers or not.t watching mario draghi take the stage with the dep tu governor. we are waiting for comments. let me lower the volume here. watching two-year and ten-year italian and spanish debt fall precipitously this morning as if they knowing something, as if there is something going on. we'll wait to see it. i would be happy to talk with you after the comments here. >> that's terrific. >> let's bring in bruce now to talk more about the jobless claims. bruce, what's your takeaway? how should we read the number? >> we are starting to go beyond the period where the noise from the shut downs on the factory side matter. i think we are getting a comforting message. the company is not doing well now. but we are not seeing lay-offs pick up in a way that suggests momentum is shifting downward materially. it's a little bit of a comfort around an economy probably not growing more than 1.5 or 2%. >> what do you think we'll get tomorrow with the jobs number? >> a number that's comforting that momentum isn't d
i would like to talk to steve to see if mario draghi is one of the super mario brothers or not.t watching mario draghi take the stage with the dep tu governor. we are waiting for comments. let me lower the volume here. watching two-year and ten-year italian and spanish debt fall precipitously this morning as if they knowing something, as if there is something going on. we'll wait to see it. i would be happy to talk with you after the comments here. >> that's terrific. >> let's bring...
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chief mario draghi was giving his comments on what's happening in europe and he was dubbed super mario one point when he promised to do whatever it takes within the mandate of the e.c.b. to save the euro well everyone was expecting to hear something from him as to what exactly will be the measures that he's going to introduce but he basically failed to provide any so what's going on right now is the markets are really dropping let's take a look at more detail what what mr mr druggy said now a he basically suggested that will the exchange rate would be point seven five percent that would not change and that the at the e.c.b. would still be ready to stand by and by our government bonds in case of emergency and would go ahead with open market operations. now if we just take a look at what's what's happening on the world markets you'll see you'll see actually what's going on the russian market is. dropping right now are the odds yes and the my six are declining around two percent and one and a half percent this hour and this is of course on the back of these failed to impress comments by t
chief mario draghi was giving his comments on what's happening in europe and he was dubbed super mario one point when he promised to do whatever it takes within the mandate of the e.c.b. to save the euro well everyone was expecting to hear something from him as to what exactly will be the measures that he's going to introduce but he basically failed to provide any so what's going on right now is the markets are really dropping let's take a look at more detail what what mr mr druggy said now a...
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in europe even in russia what exactly did mario draghi fail to say. well he failed to say exactly what he what the markets were expecting him to say if we remember only or we could go outside of any formal policy meeting or anything like that he said in a speech that he would do anything in his power whatever it took in order to protect the year or so course that led to a rally in stock markets and strengthening of the euro because it was only a week before today this as you mention is his month the interest rate policy setting meeting expectations were really really built on the hope that he would mention something along the lines of further intervention to really try and drive down the growing costs for those peripheral nations in particular the big worrisome nations such as spain and italy and unfortunately he has not been he has hope back to his words with. the markets have been bitterly disappointed today and that is why you will seeing quite a serious selloff so basically what he said as in the e.c.b. would be willing to go ahead with the open m
in europe even in russia what exactly did mario draghi fail to say. well he failed to say exactly what he what the markets were expecting him to say if we remember only or we could go outside of any formal policy meeting or anything like that he said in a speech that he would do anything in his power whatever it took in order to protect the year or so course that led to a rally in stock markets and strengthening of the euro because it was only a week before today this as you mention is his...
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Aug 29, 2012
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se habla de que mario carrillo podria ser su reemplazo...or universitario tomo las riendas del equipo a principios del actual torneo.... luego de seis partidos jugados... gano dos encuentros.. consiguio un empate y tuvo tres derrotas para siete puntos de 18 posibles... se habla de que mario carrillo podria ser su reemplazo... mientras tanto el entrenador de las aguilas del america miguel el piojo herrera y el jugador christian benitez limaron asperezas .... herrera tras el encuentro frente a xolos declaro que el jugador ecuatoriano habia desobedecido sus ordenes al cobrar el penal que termino fallando ...cuando le habia pedido a rubens sambueza que lo cobrara... benitez dijo que el se sintio en confianza y por eso habia tomado el balon... herrera aclaro que el tirador oficial era el rolfi montenegro pero habia salido de cambio... los dos jugadores hondureÑos de los earthquakes de san jose... victor bernardez y marvin chavez... fueron convocados por el entrenador de la bicolor... el colombiano luis fernando suerez... para los partidos de ida
se habla de que mario carrillo podria ser su reemplazo...or universitario tomo las riendas del equipo a principios del actual torneo.... luego de seis partidos jugados... gano dos encuentros.. consiguio un empate y tuvo tres derrotas para siete puntos de 18 posibles... se habla de que mario carrillo podria ser su reemplazo... mientras tanto el entrenador de las aguilas del america miguel el piojo herrera y el jugador christian benitez limaron asperezas .... herrera tras el encuentro frente a...
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much of the business now dimitri's there lots of disappointment coming today of course from super mario the e.c.b. chief not a lot of information in fact that's what caused the problem that's right apparently is not being able to back his words with actions at the moment see once promised to do everything to save the euro but apparently at today's monthly address mario draghi did not provide any specifics as to which measures will be used to save the currency but i'm going to campbell from our london capital group says that this is because the e.c.b. basically lacks the tools to do so. the most important thing about the e.c.b. and its current mandate is that it does not have the same sort of powers of other central banks like the federal reserve or the bank of england it is very restricted in what it can do it hasn't specifically got the power to really do full blown quantitative easing and it's the germany the paymaster of europe who are really trying to drive home that the e.c. be must not step outside its mandate so without those sort of powers there is not much they can do beyond as
much of the business now dimitri's there lots of disappointment coming today of course from super mario the e.c.b. chief not a lot of information in fact that's what caused the problem that's right apparently is not being able to back his words with actions at the moment see once promised to do everything to save the euro but apparently at today's monthly address mario draghi did not provide any specifics as to which measures will be used to save the currency but i'm going to campbell from our...
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Aug 28, 2012
08/12
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mario draghi drops out of the conference, what does the euro do? not a whole lot.125.67. the dow, as you know, it's like a rounding error with the gains and losses we have had today. instead of just looking at today's trading. here we are down a fraction today, up 16% this year. a pretty good year. ten year yield, i'm going to get over there in a moment, the ten year yield down a fraction but down sharply this year at 163.5 and change. gold seems to have stalled a bit here down $85. the sectors we want to see if we're defensive or putting risk on today. the s&p 500 sectors, the top five performers for this day so far -- apparently we don't have that. >> gold was up 6% of the month. as that looks like it's going to be delayed, then they base it off of today as you just points out. >> so you were expecting volatility? >> i think it can be to the up side. that led to that pop -- >> that got the markets attention briefly this morning. >> yes, it was right after i finished my bagle, right after i got done, the market moved. >> sometimes on a week like this, you forget s
mario draghi drops out of the conference, what does the euro do? not a whole lot.125.67. the dow, as you know, it's like a rounding error with the gains and losses we have had today. instead of just looking at today's trading. here we are down a fraction today, up 16% this year. a pretty good year. ten year yield, i'm going to get over there in a moment, the ten year yield down a fraction but down sharply this year at 163.5 and change. gold seems to have stalled a bit here down $85. the sectors...
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Aug 20, 2012
08/12
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gracias jorge mario cabrera, y ezequi ezequiel. >>> a ustedes. >>> a ti. >>> la siguiente pregunta essaron a mÉxico, o se autodeportaron, esto dijo en su Última entrevista. >>> es difÍcil vivir sin ellos. que en situaciones como esta te das cuenta cuÁnto en realidado necesitas a tus padres. >>> espero que le eche ganas, y que el logre el sacrificio que hace allÁ solo. eso espero y cuÍdate hijo, te queremos mucho. >>> yo tambiÉn te quiero mucho. >>> fue la Última entrevista que tuvimos hace meses en univisiÓn, antonio estaba en nueva york, sus padres en mÉxico, llevaban varios meses sin verse, antonio estÁ vÍa satÉlite desde nueva york, cambiaron un poco las cosas, solicitaste la acciÓn diferida? >>> no, todavÍa no, de hecho maÑana la voy a solicitar, ayudÉ a otros jÓvenes como yo a explicarles el proceso de la acciÓn diferida en sÍ? >>> cÓmo cambia tu vida antonio, luego que el presidente permite a 2 millones de jÓvenes quedarse en estados unidos, evitar la deportaciÓn, y conseguir un permiso de trabajo cÓmo cambia tu vida? >>> veamos si salimos de las sombrazo, esta oportunidad es es
gracias jorge mario cabrera, y ezequi ezequiel. >>> a ustedes. >>> a ti. >>> la siguiente pregunta essaron a mÉxico, o se autodeportaron, esto dijo en su Última entrevista. >>> es difÍcil vivir sin ellos. que en situaciones como esta te das cuenta cuÁnto en realidado necesitas a tus padres. >>> espero que le eche ganas, y que el logre el sacrificio que hace allÁ solo. eso espero y cuÍdate hijo, te queremos mucho. >>> yo tambiÉn te...
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Aug 2, 2012
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president mario draghi has become an expert in kicking the can down t road. and, he showed that skill at a press conference today following a meeting of the eurozone's central bank. >> the euro is irreversible. in order to create the fundamental conditions for such risk premiums to disappear, policymakers in the euro area need to push ahead with fiscal consolidation, structural reform, and european institution building with great determination. >> susie: at today's meeting, the e.c.b. opted to keep benchmarinterest rates unchanged at three-quarters of percent. that's after cutting rates in july. draghi indicated that e.c.b. bond buying could start as early as september. but he added that such action was conditional on the region's troubled countries using their bailout funds first. he also hinted germany, led by angela merkel, was not yet on board with the bond-buying program. >> susie: so now what happens? let's get some answers from john manley, chief equity strategist, at wells fargo advantage funds. so john, with no commitment from the fed, and now from t
president mario draghi has become an expert in kicking the can down t road. and, he showed that skill at a press conference today following a meeting of the eurozone's central bank. >> the euro is irreversible. in order to create the fundamental conditions for such risk premiums to disappear, policymakers in the euro area need to push ahead with fiscal consolidation, structural reform, and european institution building with great determination. >> susie: at today's meeting, the...
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because there are some expectations there and you recall last thursday mario draghi said the e.c.b. stands ready to support the euro and it's going to work so what is really at stake with the meeting this week and the press conference when mario draghi will face answer face with reporters and have to answer questions on thursday we are going to bring in peter chair founder of t.f. market advisors to talk about this and all things a europe really get into it because he is a recognized source on all things europe so first of all peter to your welcome to the show it is a real pleasure to welcome you to capital account great thanks for having me on absolutely so now let's just get this out of the way because the fed's interest rate decision came out and there's nothing really new same statement pretty much as last time except for some language noting slower growth so was there anything to see here or is it or in central banking land is it really all about the e.c.b. now this week. i think it's really all about the e.c.b. we've seen enough data in the us that you can see why they put it
because there are some expectations there and you recall last thursday mario draghi said the e.c.b. stands ready to support the euro and it's going to work so what is really at stake with the meeting this week and the press conference when mario draghi will face answer face with reporters and have to answer questions on thursday we are going to bring in peter chair founder of t.f. market advisors to talk about this and all things a europe really get into it because he is a recognized source on...
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Aug 29, 2012
08/12
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. >> as we mentioned, mario draghi urging the germans to back his plan to save the euro. will it work? >>> plus, why is the navy paying $27 a gallon for experiment aal bio fuels. >> i bet you have a thought on that, don't you? at merrill lynch, we understand the importance of your goals. today, our financial advisors lead from a new position of strength. together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. you walk into a conventional mattress store, it's really not about you.
. >> as we mentioned, mario draghi urging the germans to back his plan to save the euro. will it work? >>> plus, why is the navy paying $27 a gallon for experiment aal bio fuels. >> i bet you have a thought on that, don't you? at merrill lynch, we understand the importance of your goals. today, our financial advisors lead from a new position of strength. together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you...
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Aug 5, 2012
08/12
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and mario draghi bringing down the spanish and italian bond rates, once again did nothing.is this a case of all talk, no action? >> you know, i sometimes think about the '60s musical, promises, promises, and this seemed a little bit more of that. there is a structure that says if they take action, they will then provide support. but i think we kind of knew that already. the key is, will the politicians take the action? and so far we have not seen a lot of action. >> you know, i guess one of the big issues for europe is that the ten-year bond in spain rises above 7%, making it that much more difficult forpain to pay its bills and secure the debt. the markets push yield up. >> that is why they have to do it in connection with the fiscal authorities and the politicians. because they have to say okay, fine, we're going to get at the fundamentals. we're going to re-capitalize the banks, much like we did in the u.s. with the tarp program. so recapalize them, much with the support that brought down the risk spread. it has to be the combination of the work in europe. mario draghi h
and mario draghi bringing down the spanish and italian bond rates, once again did nothing.is this a case of all talk, no action? >> you know, i sometimes think about the '60s musical, promises, promises, and this seemed a little bit more of that. there is a structure that says if they take action, they will then provide support. but i think we kind of knew that already. the key is, will the politicians take the action? and so far we have not seen a lot of action. >> you know, i...
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Aug 20, 2012
08/12
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bueno eso es todo de mi parte regreso con ustedes mario, rosa...20-personas murieron, entre ellas un familiar de un recluso, en una rina entre los internos en la carcel central de yare i, informaron hoy las autoridadas... la ministra de servicios penitenciarios, confirmo que durante la tarde y noche del domingo ocurrio un violento enfrentamiento entre grupos de reclusos armados del penal... la funcionaria senalo que tras las reyerta entre los internos, la situacion se mantenia controlada, en el reclusorio ubicada a unos 80 kilometros al sur de caracas... buenas tardes, comenzamos una nueva semana laboral, se esperan temperatur as estables con maximas entre los 88 grados y minimas entre los 68 grados...actualmente ten mayormente nublados con una temperatura de 88 grados, viento soplando desde el sur a 10 millas por hora... asi estan las condiciones a nivel regional/// esta noche esperamos una temperatura minima de 78 grados y viento ligero... maÑana martes tenemos una temperatura maxima de 88 grados y una temperatura minima de 68 grados con cielos p
bueno eso es todo de mi parte regreso con ustedes mario, rosa...20-personas murieron, entre ellas un familiar de un recluso, en una rina entre los internos en la carcel central de yare i, informaron hoy las autoridadas... la ministra de servicios penitenciarios, confirmo que durante la tarde y noche del domingo ocurrio un violento enfrentamiento entre grupos de reclusos armados del penal... la funcionaria senalo que tras las reyerta entre los internos, la situacion se mantenia controlada, en el...
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Aug 2, 2012
08/12
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here's nbc mario solis. >> good morning, the red sox ended july or a four-game winning streak. but august is a different story. boston looking to complete the sweep, but the tigers have other ideas, they bust the game wide open in the fifth, miguel cabrera gets ahold of one, two-run blast over the green monster. next up, prince fielder we're going to need another ball because that one's not coming back. detroit sluggers get it done. tigers win 7-5. yankees and orioles, bases loaded for robinson cano and you know if i'm telling you the bases are loaded it's going to
here's nbc mario solis. >> good morning, the red sox ended july or a four-game winning streak. but august is a different story. boston looking to complete the sweep, but the tigers have other ideas, they bust the game wide open in the fifth, miguel cabrera gets ahold of one, two-run blast over the green monster. next up, prince fielder we're going to need another ball because that one's not coming back. detroit sluggers get it done. tigers win 7-5. yankees and orioles, bases loaded for...
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Aug 3, 2012
08/12
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president mario draghi said at press conrencat t interest rate announcement that the bank is ready to make tright open market purchases but did not give details. >>> this field speculation that the ecb will take strong measures like the immediate purchase of government bonds. after the news conference, the yields on spanish ten-year government bonds rose again to 7%. this is a level which is considered unsustainable. stock prices plunged around 5% both in madrid and milan. the euro fell to the 94-yen level at one stage for the first time in a week. well, u.s. markets fell after european stocks tumbled as the ecb failed to come up with
president mario draghi said at press conrencat t interest rate announcement that the bank is ready to make tright open market purchases but did not give details. >>> this field speculation that the ecb will take strong measures like the immediate purchase of government bonds. after the news conference, the yields on spanish ten-year government bonds rose again to 7%. this is a level which is considered unsustainable. stock prices plunged around 5% both in madrid and milan. the euro...
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Aug 9, 2012
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here's nbc's mario solis. >> hi there, good morning.o, the reds were the hottest team in baseball. then they ran into the brewers. reds had won 19 of 23 before their series in milwaukee. cincy got the lead but they let it slip away in the eighth. gomez ties it with an rbi single. mr. mvp, ryan braun, completing the rally with an rbi of his own. brewers take the lead and sweep the reds with a 3-2 win. >>> the rangers' josh hamilton had a forgettable month of july, but he's starting to come around just in time for the stretch run. three hits, four rbi and a homer against the red sox. rangers win a slugfest, 10-9. >>> the yankees' curtis grnderson also had a big night. hit his 30th homer of the year. first bronx bomber with 30 or more homers in back-to-back seasons since dave winfield did it back in 1983. yanks beat the tigers, 12-8. >>> no one had a bigger night than marco scutaro. three rbi against the cardinals. a grand slam seven rbis for marco. giants take down the defending champs, 15-0. >>> jose reyes hit plenty of homers as a membe
here's nbc's mario solis. >> hi there, good morning.o, the reds were the hottest team in baseball. then they ran into the brewers. reds had won 19 of 23 before their series in milwaukee. cincy got the lead but they let it slip away in the eighth. gomez ties it with an rbi single. mr. mvp, ryan braun, completing the rally with an rbi of his own. brewers take the lead and sweep the reds with a 3-2 win. >>> the rangers' josh hamilton had a forgettable month of july, but he's...
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Aug 3, 2012
08/12
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i was shouting too loudly at gb winning gold. >> thought you were shouting at mario draghi. might have done a little bit. >> might have done that earlier. other things to show in the olympics. michael phelps facing off against ryan lochte in the men's immediately. phelps started strongly in well record pace. faltered in late push from lochte. took his first individual gold medal. his 20th overall medal in the last three olympics. >> remarkable. also remarkable the final of the women's all around gymnastics in which 16-year-old american gabby douglas known as the flying squirrel took home gold ahead of tough competition by the russian. >> i want to know where that nickname came from. >> if you watched her performance she does -- you can tell maybe where that came from. >> attention turns last night, gb squaring up to france men's team sprint. and with one lap remaining, chris hoyt brought home the gold medal for great britain and that's when i lost my voice. >> good night for the u.s. meant that despite trailing china overall americans are equal to their olympic rivals in the
i was shouting too loudly at gb winning gold. >> thought you were shouting at mario draghi. might have done a little bit. >> might have done that earlier. other things to show in the olympics. michael phelps facing off against ryan lochte in the men's immediately. phelps started strongly in well record pace. faltered in late push from lochte. took his first individual gold medal. his 20th overall medal in the last three olympics. >> remarkable. also remarkable the final of the...
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Aug 24, 2012
08/12
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entrevista mario maciel fuerza pandilleril para el alcalde 1.40 a l mismo tiempo que el ano pasado teniamos mas muertes pandilleril que hoy en dia y es que los asesinatos por pandillas por estos meses el ano pasado mostraba 14 victimas contra 12 de este ano... lo que indica que los asesinatos provienen de robos y otro tipo de circunstancia s. cu ---la policia de pleasanton,
entrevista mario maciel fuerza pandilleril para el alcalde 1.40 a l mismo tiempo que el ano pasado teniamos mas muertes pandilleril que hoy en dia y es que los asesinatos por pandillas por estos meses el ano pasado mostraba 14 victimas contra 12 de este ano... lo que indica que los asesinatos provienen de robos y otro tipo de circunstancia s. cu ---la policia de pleasanton,
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Aug 20, 2012
08/12
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here's mario solis. >> good morning. yankees' ichiro suzuki isn't known for his power but yesterday was a different story. yanks and sox in the bronx, fourth inning and ichiro flexes his muscle. a bomb into the second deck. new york up 3-0. then in the sixth inning ichiro takes josh beckett deep again, another solo into right. two home runs for ichiro. he now has seven. yanks win 7-1. >>> if you think baseball is a slow and long game, cards and pirates played a six-hour, seven minutes marathon. alvarez gives pittsburgh the lead in the 19th inning. pirates win 6-3. >>> cubs tied in ninth. ryan hanigan not having it. reds get out of the inning. in the bottom of the ninth, hanigan gets it done with ms. bat, single to deep center, in comes winning run. ryan hanigan is your hero. a shaving cream pie to the face. reds walk off. >>> houston has a new manager but new manager. d'backs aaron hill with a home run. astro loses under their interim manager. >>> nascar at michigan. mike martin leading and lap 65 this happens. bobby lab
here's mario solis. >> good morning. yankees' ichiro suzuki isn't known for his power but yesterday was a different story. yanks and sox in the bronx, fourth inning and ichiro flexes his muscle. a bomb into the second deck. new york up 3-0. then in the sixth inning ichiro takes josh beckett deep again, another solo into right. two home runs for ichiro. he now has seven. yanks win 7-1. >>> if you think baseball is a slow and long game, cards and pirates played a six-hour, seven...
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Aug 29, 2012
08/12
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direction, with mario draghi's piece, they are in intense negotiations.ou might think the euro would go higher hoping that he can convince the german's to go along with a bond buying program. but no, it didn't happen. anyway, we're down on that. that initially pushed our stock market lower. we'll show you the response of the dow today where initially we were lower on the open. then you get this little pop here, the gdp number that came out better than kpted and we were up until the beige book came out. then they sold. yield on the ten year, don't real much into that. the five year auction went about as expected and tomorrow they off some more. the price of oil, what's the impact isaac may have on supplies in the gulf region. right now the anticipation is it won't have much impact, but there is inventory data out expecting a higher build. anyway, oil today down to $95.05. same thing here for the price of gold, gdp better than expected. so the price of gold goes lower tide, down $11.50 rat 1658. a defensive feel to the sectors and they're gains today. the b
direction, with mario draghi's piece, they are in intense negotiations.ou might think the euro would go higher hoping that he can convince the german's to go along with a bond buying program. but no, it didn't happen. anyway, we're down on that. that initially pushed our stock market lower. we'll show you the response of the dow today where initially we were lower on the open. then you get this little pop here, the gdp number that came out better than kpted and we were up until the beige book...
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Aug 2, 2012
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. >>> hi, everybody, welcome to "closing bell," i'm maria bartiromo, the market selling off after mario draghi failed to back up talks of saving the european economy. >> that announcement spooking investors here in the u.s. draghi falling short of last year's pledge when he said he would do whatever it talks to save the euro, i guess he just meant night right now. in the markets right now, ugliness off the lows though, down 138 points. the s&p -- the nasdaq rather down 17 points now, half a percent decline there. the s&p 500 index is down to 1360. stocks are taking a hit after the european centralback did not deliver on the pledge to do whatever it takes to save the euro. as we await the jobs numbers tomorrow, is a bad number what we need for a federal reserve intervention. >>> we have michael day with us, eric lashelous with us, rick santelli and steve least man with us. >> maria, i disagree right off the bat. i believe the market would like a good job's number and some conviction that jobs were turning around that markets would rally. one job's number is not going to make it. >> it's
. >>> hi, everybody, welcome to "closing bell," i'm maria bartiromo, the market selling off after mario draghi failed to back up talks of saving the european economy. >> that announcement spooking investors here in the u.s. draghi falling short of last year's pledge when he said he would do whatever it talks to save the euro, i guess he just meant night right now. in the markets right now, ugliness off the lows though, down 138 points. the s&p -- the nasdaq rather...
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Aug 27, 2012
08/12
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here's nbc's mario solis with a look at all your sports headlines. >> the dodge pulled off one of the biggest trades in baseball history this past weekend but it was the marlins' statin who came up huge in l.a. the new-look dodgers couldn't figure him out. unloads in the fourth inning. l.a. hit four straight homers. marlins win 6-2. >>> to boston, bobby valentine wasn't happy about something against the royals. james loney picks up his first rbi as a member of the red sox and boston wins 8-6. >>> met and astros. davis hit a pair of home runs, the second one ends the game, a walkoff bomb in the ninth. mets win 2-1. >>> to motown, vernon wells with the catch of the day, infante with a shot to the left. detroit had the last laugh winning 5-2. >>> nick watney won the barclays. >>> football, peytonning is starting to look like the manning of old, tossing a pair of touchdowns against the niners. both to eric decker. san francisco wins 29-24. >>> then you've got the jets. they haven't scored a touchdown all preseason. mark sanchez and tim tebow both threw interceptions against the panthers.
here's nbc's mario solis with a look at all your sports headlines. >> the dodge pulled off one of the biggest trades in baseball history this past weekend but it was the marlins' statin who came up huge in l.a. the new-look dodgers couldn't figure him out. unloads in the fourth inning. l.a. hit four straight homers. marlins win 6-2. >>> to boston, bobby valentine wasn't happy about something against the royals. james loney picks up his first rbi as a member of the red sox and...