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Feb 3, 2015
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matt miller, what about these numbers? >> chrysler has been on fire not only for the past month but the past few years. this company has had tremendous growth in sales. it is the leader as far as the u.s. automakers if you want to consider it a u.s. automaker even though it is not since it is now fiat chrysler. headquartered in london or amsterdam or italy. they have been the leader as far as growth over the last year. all of the carmakers have been posting serious growth in sales. over the past few years at the industry growth, it is gone from 13 million units per year to 14 billion -- 14 million, 15 million. we are at 17 million in sales next year. that put us on par with the most sales we have ever seen in the beginning of the 2000s. the stocks have not been moving in lockstep with the sales figures. fiat chrysler is an exception because they have taken off since they listed in the new york stock exchange at the end of last year. ford and gm have not seen tremendous growth. gm is down if you look at a 12 month chart of
matt miller, what about these numbers? >> chrysler has been on fire not only for the past month but the past few years. this company has had tremendous growth in sales. it is the leader as far as the u.s. automakers if you want to consider it a u.s. automaker even though it is not since it is now fiat chrysler. headquartered in london or amsterdam or italy. they have been the leader as far as growth over the last year. all of the carmakers have been posting serious growth in sales. over...
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Feb 6, 2015
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i am matt miller, in for betty liu today.conomy added 257,000 jobs in january and the unemployment rate rising likely due to more participation in the labor market, not necessarily a bad thing. as markets digest the data, they are following earnings for the top u.s. companies. the biggest theme that has emerged during his running season, especially over the last three days is the effect of the dollar. julie hyman has been keeping a tally -- yesterday i think you were drinking every time a company reported -- julie: i wasn't. it was just something i suggested to people at home. you would be pretty trashed -- matt: probably shouldn't do it before the bell. how often are you hearing this? julie: i'm hearing it a lot. at the s&p they try to compile what percentage of u.s. company sales come from abroad, and he arrived at a figure of 46% rate nearly half the sales for u.s. counties are coming from outside the united states. it is little more complicated. not every company reports it but this is the best estimate that s&p has. pret
i am matt miller, in for betty liu today.conomy added 257,000 jobs in january and the unemployment rate rising likely due to more participation in the labor market, not necessarily a bad thing. as markets digest the data, they are following earnings for the top u.s. companies. the biggest theme that has emerged during his running season, especially over the last three days is the effect of the dollar. julie hyman has been keeping a tally -- yesterday i think you were drinking every time a...
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Feb 10, 2015
02/15
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matt miller sat down with the chrysler automobile ceo and joins us in studio.retty big news. >> he told our print reporter mark clothier that he could sell all of ferrari's shares before he finishes his bagel. obviously demand is very high. i asked him, how can i get some? how many fiats would i have to buy two get one for robbery share? they could have a loyalty program. -- two get one ferrari share. the could have a loyalty program. look at what he told me. >> this is something that actually encourages people to be long-term investors. it allows you to earn your right to have the extra votes. it is a long-term commitment strategy that may work its way into ferrari. >> very interesting. possibly a european-style program. if you own shares for a longer time you earn more of a say in the company. he also says europe is a growth area. it has been tough for competitors. obviously it has been tough fiat for as well. listen to his thoughts on the continent. >> the last decade, i think there is ample opportunity for some of the number to fall back. obviously this rus
matt miller sat down with the chrysler automobile ceo and joins us in studio.retty big news. >> he told our print reporter mark clothier that he could sell all of ferrari's shares before he finishes his bagel. obviously demand is very high. i asked him, how can i get some? how many fiats would i have to buy two get one for robbery share? they could have a loyalty program. -- two get one ferrari share. the could have a loyalty program. look at what he told me. >> this is something...
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Feb 13, 2015
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alix steel, matt miller, number 4, the ride sharing drag race.th investors to and raise $250 million. they struggle to get out of the shadow of uber valued at $40. matt miller was a lyft driver. matt: i was in an aston martin for a day. if uber is an aston martin, then lyft is a volkswagen polo. lyft is doing these capital increases of -- >> it is nothing to sneeze at? >> isn't lyft gaining market share? >> revenues quintupled in their biggest markets. it is a different kind of thing. >> you are going to raise money we will raise more money. >> their offices are a block away from each other and 80 subversive things. >> they do care about lyft. betty: hedge fund billionaire bill ackerman discuss everything from his interest to mcdonald's to m&a activity this year. bill: what's interesting about the anti-tax inversions regulations, it will push more midsized pharmaceutical companies to sell to foreign buyers. foreign buyers are more likely to take the headquarters offshore than a u.s. buyer in birding into a foreign company. betty: that is in insis
alix steel, matt miller, number 4, the ride sharing drag race.th investors to and raise $250 million. they struggle to get out of the shadow of uber valued at $40. matt miller was a lyft driver. matt: i was in an aston martin for a day. if uber is an aston martin, then lyft is a volkswagen polo. lyft is doing these capital increases of -- >> it is nothing to sneeze at? >> isn't lyft gaining market share? >> revenues quintupled in their biggest markets. it is a different kind...
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Feb 18, 2015
02/15
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alex sherman and matt miller joining me this morning. jpmorgan, too big to fail?cking some trading businesses because new roles could make them less profitable. the federal reserve proposed an eighth -- that eight of the largest u.s. banks will have to hold a capital cushion against their own businesses. matt: trading is rough. betty: we have seen that. matt: if you hang out with a lot of traders on wall street, the last five years have been tough. it is not just -- it started off with computers. this new dodd-frank and more regulation is making it more expensive. they need to cut costs and eventually -- alex: it hurts jpmorgan because they are the against bank on wall street. a have to hold more capital on reserve and that is why goldman analysts came out and said jpmorgan should break up its bank and would be more profitable that way, but jamie dimon has next that idea. -- has next that idea. betty: trading operations my beginning smaller but not the banks are getting smaller themselves. there was a report out that says the banks are getting bigger and smaller b
alex sherman and matt miller joining me this morning. jpmorgan, too big to fail?cking some trading businesses because new roles could make them less profitable. the federal reserve proposed an eighth -- that eight of the largest u.s. banks will have to hold a capital cushion against their own businesses. matt: trading is rough. betty: we have seen that. matt: if you hang out with a lot of traders on wall street, the last five years have been tough. it is not just -- it started off with...
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Feb 27, 2015
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. >> so does matt miller. you think matt miller salivates over cars and trucks and motorcycles?e not seen him with cesar milan, but you will in the next hour. >> we start with the top business stories of the money. jcpenney shares getting hit harder they come down as much as 40%. -- 14%. a loss for the quarter that included christmas. the ceo indicated jcpenney still hurting from the actions of its predecessor. >> this year, we need to motivate them to shop more often and shop across multiple categories to increase our share of the overall spend. some of the biggest opportunities are home, kids and footwear. we are tentatively recover from the -- trying to fully recover from the self-inflicted wounds. >> a poorly received makeover and sales plunged while he was in office. the economy grew at a slower pace in the fourth quarter than previously reported. the government revised gdp to the growth of 2.2% on an annualized basis, down from the initial estimate of 2.6%. consumer spending rose for the most in four years. congress is planning -- it is called beat the clock. house republi
. >> so does matt miller. you think matt miller salivates over cars and trucks and motorcycles?e not seen him with cesar milan, but you will in the next hour. >> we start with the top business stories of the money. jcpenney shares getting hit harder they come down as much as 40%. -- 14%. a loss for the quarter that included christmas. the ceo indicated jcpenney still hurting from the actions of its predecessor. >> this year, we need to motivate them to shop more often and shop...
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Feb 3, 2015
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let's turn to our resident auto expert here in new york city, matt miller. in detroit this morning is jamie butters. looking at the numbers we have received this morning, not just from the u.s. automakers, jamie but from the japanese, what can you say about the pace of recovery in the automotive industry continues? glass that is exactly right. the auto recovery is four years long and it will go into a six year. it is often a good start. these are easy comparisons to last year. we have the polar vortex and nobody was shopping for anything, especially if they had to walk around on a lot, buying things outdoors. it started like everything would be the same, but everybody is double digits. all the top six automakers are coming in well ahead of last year. another start for another solid year. >> ok, new products out our exciting for car buyers. it is a lot warmer this january despite the great blizzard of 2015 here in the northeast. gas is cheaper. adam and morgan stanley pointed out these are perfect for lawmakers. it is very easy, and some may say even to easy,
let's turn to our resident auto expert here in new york city, matt miller. in detroit this morning is jamie butters. looking at the numbers we have received this morning, not just from the u.s. automakers, jamie but from the japanese, what can you say about the pace of recovery in the automotive industry continues? glass that is exactly right. the auto recovery is four years long and it will go into a six year. it is often a good start. these are easy comparisons to last year. we have the polar...
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Feb 3, 2015
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matt miller compiles all the pertinent facts and figures from january's auto sales. our senior markets correspondent, julie hyman looks ahead to after the bell earnings from chipotle mexican grill. but we begin with peter cook on capitol hill just after the house ways and means committee chairman, paul ryan, hosted treasury secretary jack lew in a discussion on the prospects of tax reform. first, we have breaking news -- a major rally in equities and in oil. it's go to the breaking news desk and our chief markets correspondent, scarlet fu. >> let's head into the bloomberg terminal where i can show you what is going on. the dow jones industrial average in the yellow and the s&p 500 and white, reach new highs for the day. the nasdaq is in green. the dow jones has added more than 150 point and is now headed for a sixth straight day of closing up or down by at least 190 points. there is that volatility summary people warned we would see in 2015. you can credit the rise in oil for the strength in equities. you've got rent crude set to close more than 20% above its january
matt miller compiles all the pertinent facts and figures from january's auto sales. our senior markets correspondent, julie hyman looks ahead to after the bell earnings from chipotle mexican grill. but we begin with peter cook on capitol hill just after the house ways and means committee chairman, paul ryan, hosted treasury secretary jack lew in a discussion on the prospects of tax reform. first, we have breaking news -- a major rally in equities and in oil. it's go to the breaking news desk...
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Feb 4, 2015
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i matt miller. >> i'm out steel.its full-year forecast for what it calls a strengthening trend. macy's has agreed to buy blue mercury. on the phone with us now is terry lundgren. thank you for joining us today. i would like to start on your acquisition. $210 million for blue mercury. why did you decide to make this purchase now? >> this is a new channel of distribution for macy's in a category we know very well and consider a strength of hours. we are in the ute business in a big way. -- we are in the beauty business in a big way. it attracts a different customer that we do not normally get in the shopping mall. staying with our core strength but a new avenue of growth. >> what part of this was to compete with jcpenney? so for a, very popular. >> this company is much more focused on higher end and much more focused on a high service level of business with the brands they carry. it is very customer touch business. they have 60 stores. very different in terms of where they are today in their growth opportunity. big gro
i matt miller. >> i'm out steel.its full-year forecast for what it calls a strengthening trend. macy's has agreed to buy blue mercury. on the phone with us now is terry lundgren. thank you for joining us today. i would like to start on your acquisition. $210 million for blue mercury. why did you decide to make this purchase now? >> this is a new channel of distribution for macy's in a category we know very well and consider a strength of hours. we are in the ute business in a big...
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Feb 27, 2015
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matt miller and olivia sterns join me. number four shrinking ranks.r, banks are pulling back from businesses. jpmorgan and others are announcing steps to closing branches. janet yellen conceded that we are seeing that these charges are large and causing the firm's to spin off some of their enterprises to reduce their footprint. >> overall, wall street hiring has all in 4% in the last year and everybody is hiring in the back office, legal, cyber security to rein in the front office. >> i think you left off an important part with janet yellen. she said that's what we want. this is the point of dodd-frank regulations. i think most of our viewers would rather the ranks -- banks grow. it is nice and you were seen it happen in british and swiss banks as well. it's not that we are losing a global edge. >> that is a great point. where were you 15 years ago to mark --? >> i was so much better looking. i wish i had a picture to flash up on the screen. i was about 20 pounds lighter. i was stronger. >> i was in atlanta working at this new firm. >> i was working o
matt miller and olivia sterns join me. number four shrinking ranks.r, banks are pulling back from businesses. jpmorgan and others are announcing steps to closing branches. janet yellen conceded that we are seeing that these charges are large and causing the firm's to spin off some of their enterprises to reduce their footprint. >> overall, wall street hiring has all in 4% in the last year and everybody is hiring in the back office, legal, cyber security to rein in the front office....
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Feb 4, 2015
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matt miller is also joining me. chuck, much of what people say about auto sales for the last several months is whether cheap gas is juicing up the sales, particularly in trucks. how much longer do you expect that automakers will benefit of cheap gas? >> before i answer the question specifically about gas, looking at 2014, great results. a strong year from our operating performance perspective. led by north american and chinese markets. we expect in the united states for this to be a tailwind as we go into 2015. we expect to take advantage of that as we head through the year. >> you mentioned china, which has been a huge market for gm. we had this news out at the chinese government continues to add more stimulus to the economy. how worried are you that there may be a downturn in china? >> we expect growth in the industry in 2015 but we are monitoring it closely. growth slowed at the tail end of 2000 14. overall, we expect the industry to be up at 5% and 8% in 2015. we want to take advantage of that with growing reven
matt miller is also joining me. chuck, much of what people say about auto sales for the last several months is whether cheap gas is juicing up the sales, particularly in trucks. how much longer do you expect that automakers will benefit of cheap gas? >> before i answer the question specifically about gas, looking at 2014, great results. a strong year from our operating performance perspective. led by north american and chinese markets. we expect in the united states for this to be a...
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Feb 5, 2015
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i'm matt miller in for trish regan. max and i'm alix steel. industries racing the benchmarks for 2015 thanks to dealmaking at pfizer and the euro strengthening as investors watch greece negotiate, if you can call it negotiate, with eu leaders. and we are counting's down to earnings after the bell -- twitter, linkedin, pandora activision blizzard. "street smart" starts
i'm matt miller in for trish regan. max and i'm alix steel. industries racing the benchmarks for 2015 thanks to dealmaking at pfizer and the euro strengthening as investors watch greece negotiate, if you can call it negotiate, with eu leaders. and we are counting's down to earnings after the bell -- twitter, linkedin, pandora activision blizzard. "street smart" starts
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Feb 26, 2015
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i'm stephanie ruhle with my very special guest matt miller.are sending you want to scarlet fu where she is taking a look at stocks in the news and on the move. scarlet: i want to look at barnes & noble. the bookseller announced a long-awaited break up. it is going to cordon off its money-losing e-reader business from it's more profitable education business, the college bookstore business. what will result is to separate publicly traded companies. this will be a tax-free spinoff that will be completed by august. it marks a change from an earlier plan. barnes & noble was planning to spin off the nook business on its own. a box that -- it bought back microsoft's stake in the nook business. the business during the holiday sales season did not do that well and would have trouble being spun off on its own. this is a different twist. it is certainly something that investors like at the moment. if you look at how shares of performed over the past 12 months, they have rallied more than 30%. 31.3% versus a 3% gain -- actually, if you include dividend, 8
i'm stephanie ruhle with my very special guest matt miller.are sending you want to scarlet fu where she is taking a look at stocks in the news and on the move. scarlet: i want to look at barnes & noble. the bookseller announced a long-awaited break up. it is going to cordon off its money-losing e-reader business from it's more profitable education business, the college bookstore business. what will result is to separate publicly traded companies. this will be a tax-free spinoff that will be...
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Feb 1, 2015
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matt miller is the president and ceo of the association of independent commercial producers. rning. >> morning, lester. >> great selection. a lot have been previewed, some not. we want too show for the first time the t-mobile ad two very funny ladies chelsea sara silverman. >> sara this wi-fi calling from t-mobile is the best. i can talk from anywhere in my mansion. >> i already have it. it sounds great in my hydroponic kale garden. >> crystal clear from my trophy room. >> all clear in my figure skating basement. >> sounds great from my underground delivery room. sorry, it's a boy. >> well i'm under my house with a rabbit. >> funny stuff there. what you see in this is a social media connection. >> two of the funniest comedians out there today and also they premiered one with kim kardashian on monday. they are being loo being at their following. kim kardashian 25 million twitter viewers. now that it's gotten 10 million views online they are looking at these two, both of them next to 6 million followers as well. not only are they funny and add some social currency to the brand,
matt miller is the president and ceo of the association of independent commercial producers. rning. >> morning, lester. >> great selection. a lot have been previewed, some not. we want too show for the first time the t-mobile ad two very funny ladies chelsea sara silverman. >> sara this wi-fi calling from t-mobile is the best. i can talk from anywhere in my mansion. >> i already have it. it sounds great in my hydroponic kale garden. >> crystal clear from my trophy...
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Feb 23, 2015
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matt miller said i do my best to avoid malls anyway. valerie says she is unphased. if they alter where we go and what we do, they win. >> unless they tell me the mall i'm going to is on that list and targeted you better believe i'm going to still shop there. >> we also spoke with the department of homeland security. the spokesperson there said they're not aware of any specific credible plot against the mall of america or any commercial shopping center. debra alfarone, wusa9. >> in that video released by al-shabab focused mostly between the conflict between kenya and somalia and the shopping mall attack in 2013. >>> a week to go before trial and the law firm accusing michael gardner today withdrew from that case. peggy fox explains it's all related to those new allegations of a murder plan to kill off witnesses. >> reporter: a judge made two important rulings in the gardner case. number one his wife, former mayor of falls church may have to testify about what her husband told her. and number 2 gardner's own attorney may be called as a witness. that caused the attorne
matt miller said i do my best to avoid malls anyway. valerie says she is unphased. if they alter where we go and what we do, they win. >> unless they tell me the mall i'm going to is on that list and targeted you better believe i'm going to still shop there. >> we also spoke with the department of homeland security. the spokesperson there said they're not aware of any specific credible plot against the mall of america or any commercial shopping center. debra alfarone, wusa9....
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Feb 11, 2015
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matt miller sat down for an interview. he joins us now., but how could you not be? everyone would love to own, even if only a small piece, some kind of ferrari. >> yeah, he drives one. >> the mayor of london drove one. the deal is not set in stone yet as far as how the shares will be allocated. i asked sergio for example if i had 10 shares of fiat chrysler what i have 10 shares of ferrari ? he couldn't tell me that yet. >> what we have found is some type of loyalty scheme encourages people to be long-term investors. the one we have in place at fca allows you the opportunity for extra votes. it is a long-term commitment strategy. it may work its way into ferrari . we don't know yet. >> a lot of american shareholders may not be familiar with it, but in holland have one set of rules that if you own the shares for a number of years come you get more voting rights. they just put this in place in italy as well. great position as far as the company is concerned. they will have a great position if they do this with ferrari as well. >> this is inve
matt miller sat down for an interview. he joins us now., but how could you not be? everyone would love to own, even if only a small piece, some kind of ferrari. >> yeah, he drives one. >> the mayor of london drove one. the deal is not set in stone yet as far as how the shares will be allocated. i asked sergio for example if i had 10 shares of fiat chrysler what i have 10 shares of ferrari ? he couldn't tell me that yet. >> what we have found is some type of loyalty scheme...
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Feb 24, 2015
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julie hyman and matt miller joining me today.p morgan announcing it has lowered and also plans cuts because of higher capital requirements. clients will also have to pay new fees, clients like hedge funds for instance. >> of course they are in need of a more capital cushion. >> these big institutions are giving them huge deposit and saying hold on to this. they can't count that as part of their cap will cushion. they have to count as temporary funds as the law told them to. the have to hold even more of a capital cushion to back that up. and becomes too extensive. they are saying we will charge you more because it cost us more to hold this for you or take it somewhere else please. betty: it makes sense. they are passing on the costs. jamie dimon has all but basically said more regulation against the banks is un-american. it is un-american to do this to our nation's banks. number 3 -- the u.s. justice department investigate the world's biggest banks from integrating prices of gold and silver. the justice department is probing 10 b
julie hyman and matt miller joining me today.p morgan announcing it has lowered and also plans cuts because of higher capital requirements. clients will also have to pay new fees, clients like hedge funds for instance. >> of course they are in need of a more capital cushion. >> these big institutions are giving them huge deposit and saying hold on to this. they can't count that as part of their cap will cushion. they have to count as temporary funds as the law told them to. the have...
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Feb 10, 2015
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here is someone who tells us a whole light, -- a whole lot, matt miller. >> i have 4 billion.t is a lot of money, obviously. for a movie franchise, a whole franchise, not so much. this is all that the spiderman movies has brought in. what they have done now since marvel is owned by disney, they made a deal with disney so that marvel, which has made the much more successful avengers and captain america films, marvel will produce the next spiderman movie and sony hopes that they can do a better job than sony did. sony's amy pascal who resigned amid the hacking scandal will coproduce this next movie. it means that spiderman will eventually be able to show up in the avengers movie or avengers will be able to show up in spiderman movies. >> first of all, this raises many questions. why are you hating on thor, the god of thunder? >> i am not big into the war. i am not into those twin dudes doing a lot of movies. i am an iron man fan. >> you see more norse -- seem more norse. it is interesting to see them wind th the different characters and. spiderman has been stuck in his web. >> i
here is someone who tells us a whole light, -- a whole lot, matt miller. >> i have 4 billion.t is a lot of money, obviously. for a movie franchise, a whole franchise, not so much. this is all that the spiderman movies has brought in. what they have done now since marvel is owned by disney, they made a deal with disney so that marvel, which has made the much more successful avengers and captain america films, marvel will produce the next spiderman movie and sony hopes that they can do a...
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Feb 26, 2015
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a resident car expert, matt miller. what is going on with this trend?ing past four or five years, since the financial recession, the great recession, you have seen luxury cars bounce back a lock stronger than the sale of regular cars. kyle stock a senior editor at bloomberg businessweek written a story about it this week and he shows, for example just premium brands alone, including cars that sell about $100,000 range, the growth in those brands is up 25% year-over-year and the growth in all car brands is only up about 4%. that is basically what we're looking at the past three or four years. the ultraluxury cars like the super bloomberg any's, the rolls-royces, the cars that cost $400,000, $500,000, they are soaring. the ultra luxury car business can't and won't make them fast enough because there's so many more millionaires. 211,000 people -- >> and they want to buy them. >> honest one lane people have more than $10 trillion. -- almost one lead people have more than $10 million. >> you see a lot of car manufacturers. alan mulally did his best to get ri
a resident car expert, matt miller. what is going on with this trend?ing past four or five years, since the financial recession, the great recession, you have seen luxury cars bounce back a lock stronger than the sale of regular cars. kyle stock a senior editor at bloomberg businessweek written a story about it this week and he shows, for example just premium brands alone, including cars that sell about $100,000 range, the growth in those brands is up 25% year-over-year and the growth in all...
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Feb 25, 2015
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. >> i am matt miller. >> we are covering everything and i want to get you started with breaking news in the housing market. julie hyman is in the newsroom with the headlines. what is the word? >> more sold less month than economists had predicted. this might be a sign of stabilization in the industry. 481,000 homes. it was little changed from the 82,000 we saw in december. that forecast was 470,000. there had been concerns about supply constraints with new homebuilders not building any particularly lower and homes and higher-end homes. it looks like again we might see stabilization there. we are also seeing improvements in the job market, feeding through the home market as well. better than estimated month over month, down 2/10 of 1%. >> julie, thank you for breaking it down. >> it is time for the bulletin, the top business stories of the morning. day two of jenny yellen's testimony on capitol hill. the chair of the federal reserve will be questioned by the house financial services committee. yesterday, testifying before a senate panel. the fed is coming to the end of having interest
. >> i am matt miller. >> we are covering everything and i want to get you started with breaking news in the housing market. julie hyman is in the newsroom with the headlines. what is the word? >> more sold less month than economists had predicted. this might be a sign of stabilization in the industry. 481,000 homes. it was little changed from the 82,000 we saw in december. that forecast was 470,000. there had been concerns about supply constraints with new homebuilders not...
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Feb 3, 2015
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matt miller compiles all the pertinent facts and figures from january's auto sales.markets correspondent, julie hyman looks ahead to after the bell earnings from chipotle mexican grill
matt miller compiles all the pertinent facts and figures from january's auto sales.markets correspondent, julie hyman looks ahead to after the bell earnings from chipotle mexican grill
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Feb 26, 2015
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. >> matt miller has for craftsman tools. the company has been shrinking. core customer at this point skews older than some of the other retailers, according to cantor retail, which surveys shoppers. the average shopper at sears was 50.4 years old and had an average household income of $57,500. 21% of them have children in their household. relatively low income, and relatively older. i asked cantor this where are these sears shoppers shopping elsewhere? if sears goes away, where might some of this traffic go? 65% of them in the past month had shopped at jcpenney. 82% of them had shopped at walmart. 67% of them had shopped on amazon. i also did a very informal survey on facebook of my friends and family and ask them, do you shop at sears? many of them had not in the past year or so. some said, we go there are a couple times a year. maybe we get our cars serviced. maybe we buy an appliance still. maybe we buy those craftsman tools. or maybe we go to buy the lens and -- lands''s end stuff. >> you are talking about a a29- 129-year-old company. they are trying t
. >> matt miller has for craftsman tools. the company has been shrinking. core customer at this point skews older than some of the other retailers, according to cantor retail, which surveys shoppers. the average shopper at sears was 50.4 years old and had an average household income of $57,500. 21% of them have children in their household. relatively low income, and relatively older. i asked cantor this where are these sears shoppers shopping elsewhere? if sears goes away, where might...
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Feb 10, 2015
02/15
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BLOOMBERG
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here is matt miller with a bite surprise. >> i have 4 billion. it is a big number.of money but for a movie franchise these days, not so much. this is all the spiderman movies have brought in. sony owns the rights even though he is a marvel character. they made a deal with disney so that marvel which has made the much more successful adventures and captain america films as well as ironman, marvel will produce the next spiderman movie as sony hopes they can do a better job than sony did themselves. sony's amy pascal, who resigned amid the hacking scandal will coproduce this movie and it means spiderman will eventually be able to show up in the avengers movies or avengers will be able to show up in spiderman movies. >> this raises many questions. number one, why are you hating on a store, the god of thunder? >> i'm not hating on thor. i'm not into the twin dude doing a lot of movies these days. i'm more of an ironman fan. >> let's not forget our friend nick fury. these things have done fantastic and it's interesting to watch them wind in the different plots , but spide
here is matt miller with a bite surprise. >> i have 4 billion. it is a big number.of money but for a movie franchise these days, not so much. this is all the spiderman movies have brought in. sony owns the rights even though he is a marvel character. they made a deal with disney so that marvel which has made the much more successful adventures and captain america films as well as ironman, marvel will produce the next spiderman movie as sony hopes they can do a better job than sony did...
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Feb 18, 2015
02/15
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BLOOMBERG
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matt miller investigates. matt: rolls-royce is the quintessential luxury automaker.t make sports cars, it does not sell trucks, it's cars are not built for utility. at least until now. in a manner of upstanding tradition, rolls-royce announced its plan to build an suv by hand delivery post. why would a century-old automaker famous for providing the world's elite with a posh ride try to re-create that in a vehicle popular with soccer moms. >> if we do it, we do it perfect. we do it in a non-compromised form. matt: maybe the news should not come as a shock. one could say rolls-royce built the original sport utility vehicle in the 1930's. rolls-royce's motive is not memories, it is the moolah. suv sales soared 88.5% from 2008 two 2013. according to ihs suv's will make one of every five vehicles sold next year. drivers love them because they can take them anywhere. that is the fact that rolls-royce plans to trumpet by calling its suv the everywhere vehicle. automakers love them because they are big margin behemoths. rolls-royce' as competitors have stepped in to the util
matt miller investigates. matt: rolls-royce is the quintessential luxury automaker.t make sports cars, it does not sell trucks, it's cars are not built for utility. at least until now. in a manner of upstanding tradition, rolls-royce announced its plan to build an suv by hand delivery post. why would a century-old automaker famous for providing the world's elite with a posh ride try to re-create that in a vehicle popular with soccer moms. >> if we do it, we do it perfect. we do it in a...
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Feb 10, 2015
02/15
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of course, thanks to alex and also to matt miller.l over the markets this morning. we want to keep you updated on what is moving, including a hotel spinning off its vacation. plus, interactive has granted otto? it is evolving beyond. just a few moments into the session, stay in the loop. ♪ >> trading is just underway. we are just up under 96 points on the dow. we want to get to scarlet fu, who has more on a big moves, including yelp a mover because it is making a purchase. as helping to claw back the plunging that to get from 67-40 two dollars per share. also buying the company, i went and after a online food service. full-year sales and full-year profit. back to $34 a share. online coupon companies have not successfully made the transition to mobile. coupons.com plunging the most since last year, when it was expected to turn a rough it. goldman sachs downloading this. retail me not, the best figure out there, it has only got an $840 million market cap. the first quarter outlook is like. mobile devices, people are using that more and
of course, thanks to alex and also to matt miller.l over the markets this morning. we want to keep you updated on what is moving, including a hotel spinning off its vacation. plus, interactive has granted otto? it is evolving beyond. just a few moments into the session, stay in the loop. ♪ >> trading is just underway. we are just up under 96 points on the dow. we want to get to scarlet fu, who has more on a big moves, including yelp a mover because it is making a purchase. as helping to...
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Feb 13, 2015
02/15
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BLOOMBERG
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matt miller has more. >> we're looking at an all-time high for the s&p 500, breaking through 2090. the dow back above 18,000 for the first time this year. you can see it there. mastec less than 100 points away from hitting a new record, has not happened since the tech bubble burst. we came back down a little bit. shares of the maker of candy crush are searching this morning. the company says sales of games other than candy crush has rose in the last quarter. among of them farm heroes and had rescue. president obama is hosting a conference on cyber security at stanford university. he wants to find a way for companies to share information about computer network threats. for big names declined the invitation. not sure why apple's tim cook will be there and is scheduled to speak. more misery in store for boston this weekend. the city make it -- may get another 15 inches of snow. 70 inches in less than three weeks. they are urging boston subway system to shut down so that's so it can be removed from the rails. stephanie ruhle is standing by. >> who better to have as my copilot than our
matt miller has more. >> we're looking at an all-time high for the s&p 500, breaking through 2090. the dow back above 18,000 for the first time this year. you can see it there. mastec less than 100 points away from hitting a new record, has not happened since the tech bubble burst. we came back down a little bit. shares of the maker of candy crush are searching this morning. the company says sales of games other than candy crush has rose in the last quarter. among of them farm heroes...
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Feb 12, 2015
02/15
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BLOOMBERG
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matt: i am in for erik schatzker, i am matt miller. i'm excited to be here. ll be here tomorrow as well. stephanie: you will be here tomorrow. matt is going to be in this seat tomorrow, do you know where i'm going to be -- at the end the -- at the nba all-star tech conference surrounded by nba all-star players and team owners. talk about a big day for this girl. matt: it is going to be awesome. i saw adam silver the other day. stephanie: i saw -- are you familiar with adam silver, the nba commissioner? that is what happens they are here for the free snacks. i am excited about the bulletin, the top business stories of the morning. all-night bargaining session has led to a cease-fire in ukraine. the question is, will it last any longer than those other cease-fires? russia come ukraine, germany and france negotiated for 18 hours in minsk. francois hollande says there is still more work to be done. >> the agreement does not guarantee a durable success in the coming days. it implies that we will remain vigilant while we exert pressure and continue with our efforts,
matt: i am in for erik schatzker, i am matt miller. i'm excited to be here. ll be here tomorrow as well. stephanie: you will be here tomorrow. matt is going to be in this seat tomorrow, do you know where i'm going to be -- at the end the -- at the nba all-star tech conference surrounded by nba all-star players and team owners. talk about a big day for this girl. matt: it is going to be awesome. i saw adam silver the other day. stephanie: i saw -- are you familiar with adam silver, the nba...
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Feb 23, 2015
02/15
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country, the world's largest -- the third-largest spirits maker and we had to bring in our own matt millerloves trucks and drinking. matt: i love hunting too. the whole american sportsmen thing going. stephanie: chris, what's so special? why does everybody one bergen right now? chris: the desire for authenticity, and some of the brands are hundreds of years old. jim beam is from 1795. a lot of families are involved in the business and there is an explosion in craft distilling. stephanie: 10 years ago, what did people care about? vodka? chris: vodka was on a chair for a really long time and bourbon has taken off. it is a favorite of bartenders and mixologists. matt: i think it is an american cultural staple. bourbon can only be brewed in america. even if you are owned by central you cannot brew a corn-based whiskey in japan and call it bourbon. worldwide it is amazing. you guys are exporting about $1 billion of bourbon -- worldwide. chris: we haven't produced the smudges since 1970. 45 years and kill -- produced this much since 1970. 45 years and it has to be made in america, as you said, a
country, the world's largest -- the third-largest spirits maker and we had to bring in our own matt millerloves trucks and drinking. matt: i love hunting too. the whole american sportsmen thing going. stephanie: chris, what's so special? why does everybody one bergen right now? chris: the desire for authenticity, and some of the brands are hundreds of years old. jim beam is from 1795. a lot of families are involved in the business and there is an explosion in craft distilling. stephanie: 10...
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Feb 25, 2015
02/15
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. >> i am matt miller. >> we are covering everything and i want to get you started with breaking newslie hyman is in the newsroom with the headlines. what is the word? >> more sold less month than economists had predicted.
. >> i am matt miller. >> we are covering everything and i want to get you started with breaking newslie hyman is in the newsroom with the headlines. what is the word? >> more sold less month than economists had predicted.
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Feb 6, 2015
02/15
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i am matt miller in fort betty liu. less than 30 minutes away from the january jobs report.eup to help us look at these numbers when they come out. former white house chief economist alan krueger is now at princeton. he will join us, plus mohamed el-erian. we will get the obama administrations take on jobs with tom perez. first, a look at our top stories. germany and france are on a mission to moscow to end the fighting in ukraine. angela merkel and francois hollande will meet with russians president. persons familiar with the matter, merkel will tell putin that russia faces more economic sanctions unless he agrees to help in attacks by pro-russian rebels. in brussels, joe biden described what is at stake in the ukraine. >> if russia cannot
i am matt miller in fort betty liu. less than 30 minutes away from the january jobs report.eup to help us look at these numbers when they come out. former white house chief economist alan krueger is now at princeton. he will join us, plus mohamed el-erian. we will get the obama administrations take on jobs with tom perez. first, a look at our top stories. germany and france are on a mission to moscow to end the fighting in ukraine. angela merkel and francois hollande will meet with russians...
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Feb 23, 2015
02/15
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matt miller flag this one for us. val aero the hottest of them all. it's up 20%. breaking out. it's up another $2 to $62.72. melissa. >> check out what's happening in the price of gold. you can see a nice rally in january. reverse this month, though. is gold about to break out again. let's bring in contributor jeff kilburg. jeff, you got an article on cnbc.com/pro calling this the kissing your sister trade. what does that mean? >> well here in chicago kissing your sister trade means, melissa, it's just boring. it's just boring. look at the start of the we're. the first day of trade $11.58. we saw some tumult in the market that came in. took it above 1,300, and now we're right back so you are kissing your sister. >> why is it going to break out now? what's going to be the catalyst? >> we stayed above. we have every reason for gold to go higher. from janet yell sxin chinese new year being over and a historic highs in the stock market. we are due for a pullback. >> you know it's going to be hokies 1 and -- we're not going let you forget that comment. let's move to th
matt miller flag this one for us. val aero the hottest of them all. it's up 20%. breaking out. it's up another $2 to $62.72. melissa. >> check out what's happening in the price of gold. you can see a nice rally in january. reverse this month, though. is gold about to break out again. let's bring in contributor jeff kilburg. jeff, you got an article on cnbc.com/pro calling this the kissing your sister trade. what does that mean? >> well here in chicago kissing your sister trade...
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Feb 18, 2015
02/15
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matt desoney. he was hired to replace miller. miller is expected to be on hand to administer the oath of office. desoney was officially sworn in in washington, d.c. today's event is ceremonial. >>> frigid temperatures pummeled the north eastern side of the united states. boston has received the worse of that severe weather. it has now been declared the snowiest month in boston's history. it could be a month before the system is completely back to normal there. officials in virginia, washington, d.c. and north and south carolina are also urging people to stay off the roadways. >> even heard they're paying people $30 to help shovel snow to get the trains rolling again. the metro trains rolling again. >> they're just buried in snow right now. >> i'm so glad that i live out here in the bay area. >> can you imagine $30 an hour to shovel snow. i'm on that. >> are you? >> bank. yeah. thirty dollars an hour to shovel snow. >> it's a good work out. >> we're talking about their snowiest winter on record. boston goes way back. san francisco we had the driest january on record. the east coast getting hammer
matt desoney. he was hired to replace miller. miller is expected to be on hand to administer the oath of office. desoney was officially sworn in in washington, d.c. today's event is ceremonial. >>> frigid temperatures pummeled the north eastern side of the united states. boston has received the worse of that severe weather. it has now been declared the snowiest month in boston's history. it could be a month before the system is completely back to normal there. officials in virginia,...
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Feb 20, 2015
02/15
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FBC
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matt brought up the fact you have these really small cap stocks. and as wall street is covering less and less stocks writing up research, one of the companies i lo is mill -- love is millercallout to tennessee. the miller family, these are tow trucks. tow trucks, hydraulic lifts, wreck carriers, this is what this company does. and can the growth, of course, isn't as stellar as, you know, some of the tech areas -- deirdre: i like what you're saying about it's undiscovered or less discovered, less trodden than some of the -- there's opportunity. >> exactly. eventually be taken out or you can just sit around and hold a company that makes the tow trucks' chassises and collect 3.8% and wait for the day that maybe a larger player -- deirdre: especially if it's well run and you've taken the time, as you obviously have, to look at the financials. you feel like, okay, it's a solid business model. >> and many of these companies are run by families, and so a lot of investors don't want to go boo them -- >> when the apple icar starts breaking down -- [laughter] >> yeah, exactly. >> i know gopro, for example, is the high flier. amba makes all the chips that go into every camera that
matt brought up the fact you have these really small cap stocks. and as wall street is covering less and less stocks writing up research, one of the companies i lo is mill -- love is millercallout to tennessee. the miller family, these are tow trucks. tow trucks, hydraulic lifts, wreck carriers, this is what this company does. and can the growth, of course, isn't as stellar as, you know, some of the tech areas -- deirdre: i like what you're saying about it's undiscovered or less discovered,...
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Feb 5, 2015
02/15
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WCAU
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matt about his big interview with pete carroll. we want to begin with congratulationle to our good friends and colleagues jenna wolfe and stephanie gosk their little girl quinn. >> our good friend adam millerring manny non-stop over and over. >> i'm delivering this baby already. >> he's going to skype with us. >> thinking about you guys. matt let's get to your interview. i thought it was fascinating. it was the interview everyone wanted to hear. i thought it was interesting. a lot of us said it was one of the worst plays we have ever seen. >> i went on the air the day after the super beautiful. i said i think it's the worst call ever. when i sat down with him yesterday, i started with that i said coach, i want to be honest. i said it's the worst call in football history. i don't want to be that guy who pretends i didn't want to say. that he kind of smiled at me and said i know you did. i think it's nicer he sat down after knowing that. >> i think you were not alone. none of us was alone. there were football experts who said it was the worst call. chris colons collinsworth. >> some are turning a bit and understand the thinking behind it. i'll tell you in seattle, they're very supportive of
matt about his big interview with pete carroll. we want to begin with congratulationle to our good friends and colleagues jenna wolfe and stephanie gosk their little girl quinn. >> our good friend adam millerring manny non-stop over and over. >> i'm delivering this baby already. >> he's going to skype with us. >> thinking about you guys. matt let's get to your interview. i thought it was fascinating. it was the interview everyone wanted to hear. i thought it was...