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good nie, everybody. for all event, you can get great lease deals. i love it!o know it's the right move. me? thirteen days in the future. you get a deal on the car you always wanted. scheduled maintenance is included, it's all good. what's the future like? you love your new jetta. and the suit? you like it?

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how about nie in california? nie. >> caller: h, jim.ock trader. >> same. >> caller: 12 months ago, walter energy, wolt, hit trie digits. now that the coal miner is building and fanng real estate, what's your take on that? >> i actuay wrote up walter dury because i said that this one isa great, great congmerate. and i continue to agre it went all the wayp and then all the way down. this is a really hard one to be able to judge becse it's a conglomera. one of these. and said it was reat, and it we up a whole lot. walter energies. bear wh me as i check the index. walter energies, page . i said it' a great breakup story. i reite that. it's got co, hoing, and steel. t's go to randy in arizona. ray. >> caller: firstnd foremost, a mooon coming boo-yah. >> w, sun devil boo-yah. >> caller: i'm curious about at&t i did some reseah over the week i want todo some dividend capture possibly. >> ye at&t and verizon, they ve been down so long the look up to me. i cann believe how horribly these stocks ct. we are in a owdown. this is what you buy. i am

burt and nie for frenemi seven. "countdown with keith olbermann" stts tonight. . >>> which ofhese stories will you be talking about tomorrow? pelosi ndicated. the ci directoat best admitted the agency didn't keep congress fully infmed over the last eight years. the cia dirtor at worst admi the agency msl congress or the last eight years. >> i know whatyou know. >> hung out to dry, the reblicans are now tg to split the split underinformed misleading hair into underinford misleading lying. >> i do no believe that the liedo congress. i'm still waiting for speaker pelosi t put upthe fas or retract her stement and apologize. i told you, our ccess in driving the republicans to distraction, any excuse will do. >> wh was congrs not informed o of, isisled er, lied to about? not terrogation,sosothing new? palin's save ee taxpayers money excuse, leaving offifice mntnt hundndre o of thousands dololls leleftn legall fees alaanan was have to pay defend her against ethnics chaeses not true. a paalin spokesperson admits neararly a

. >> loud noises and rattled windows appear to be the only results of nie ththsmall kertua ua in virginiastinnight. the observatory, they say sttha the 2.3 magnitude akqurue stck out there and stand over counti -- hanover counties. experts say similar earthquakes hit central virginia about once a year. >>> you just can't ask for better weather for the first week of july. the meteorologist, they sat on the terrace with your forecast first. another great night. >> are we in vermont? i don't know, it feels like it. >> low humidity, temperatures, they are nowhere near 90, a good deal. here is your forecast first. for tonight, partly cloudy, comfortable. not quite in the 50s. but low 60s in the suburbs. and now winds out of the north te n. 80 s.rat esre a erov d.th don' bafe eland now 85 atnational. and 88 lein esburg, and on ly 8 in the area. y. s didisthye st t'orlectfa in thctrevetila hu dimi. when they are in the di30 s, at th 'sspectacular for us and is te th of . e ar mm on t inheheinweattir me in the sumemmernoer, t o tote n ofgewe t tilarevelamidityty 37 at%.th why it is so comfortable

>> we accomplished ighon nie t what you guys couldn't do in two years. >> and without a warrant.know -- i'm surprised you weren't one of the voices in that. because you do have a great voice. >> yeah, thank you. >> jimmy: yeah, another talent. another compliment as well. >> this is like theompliment show. >> jimmy: you have a very tan voice. [ laughter ] it's a double whammy. no, but you do commercials and stuff. >> yeah, i do. i've been doing it for a long time, voiceovers. >> jimmy: can you give us a little sample. >> i've been the voice of gmc trucks for many years. so, i do "gmc, we are professional grade," you know, that whole kind of thing. >> jimmy: come on, that's good stuff. that's some good stuff. >> yeah, it's great. >> jimmy: that's some goodness. well, i have a thing i was wondering. because i love your voice. i was wondering if you could read some lines from "are you there, god? it's me, margaret." [ laughter ] i just thought that'd be kind of great. >> yeah. >> jimmy: do you mind? >> i guess. i mean -- i've never read it. i guess it's really -- it's a coming of age

how abt nie in california? annie. >> caller: hey, jim.yld time favorite stock trader. >> s >> caller: 12 months a, walter energywolt, hit triple digits. now that the coal miner is building and financing rl estate, what's your take o that? >> i actually wrote up walter industry because i saithat this one is a great, great congmerate. and i continue to ree. it went all e way up and then l the way down. iss a really hard one to b able to judge because it's a colomerate. one of these. and i said it s great, and it we up a whole lot. walter energies. bear with me as check the index. walter energies, page 17. i said it's a great brkup story. i reiterate th. it's got coal, houng, and steel. let's go to randy in arizona. randy. caller: first and foremost, a monsoon coming boo-y. >> wowsun devil boo-yah. caller: i'm curious about at&t. i some research over the weekend. i want to do some dividend capture possly. >> yes. at&t and verizon, they havbeen wn so long they look up me. i cann believe how horribly these stocks act. we are in a sldown. this

i was nie 35-year-old civil rights lawyer. that is how i got into it. i tried to help people out. here i am six elections and 16 years later still doing it in this great way at the dnc. i was the first statewide official outside of illinois to support president obama's campaign. i've got to meet him when he was senator obama. he came across the river, if you have been to the claret and ballroom, it is a great place for concerts' and dances. he came there to do a fund raiser. his office had reached out and said i know you are running for governor. they came over. the night before the fundraiser, i got a copy of his book which i had not read. i wanted have something to talk to him about. i've read through, skipping all the adverbs in accidents. i realize that he and i had some things in common. when i met senator obama at the fundraiser, i said we had four things in common. we're both harvard law school graduates. your editor of the law review and i went to a lot of red sox games, but -- [laughter] our diplomas look exactly the same. the second thing we have in common is is that we

right now, nie beckett is trading lower, as well. $63.22 a barlt.ay, chris teen, general electric, parents of swnz is forecast to earn 23 cents a share. investors may focus on gm's cash reserves as i tries to offset losses from ge capital. bank of america is reporting today. citigroup reports at 8:00 a.m. while it may benefit from strong investment banking, city may be hit by several charges including a special assessment by the fdic. let's take a look at where all the companies are fairing across the board. it was mixed throughout the morning and is now much improved. and ibm's second quarter profits rose 12%, topping forecasts, although revenues lagged estimates today. but that was overlooked as big blue is raising its full year outlook. google's second quarter profits rose 3%. that is the slowest growth rate since the company went public in 2004. ceo's eric schmidt says although the company has made it harder to sell online ads, he doesn't expect it to get tougher. ibm up 3% while google trading lower by 1.6%. joining us now is julian pendock, pa

nie met light sweet crude is trading around $65.50 a barrel. brent is trading lower following nymex down, $68.37 a barrel. >> let's get some perspective on all of this. joining us is richard wilson, going to be with us for the next 50 minutes or so. >> morning. >> it's always good to see you. give us your tuppence on why we've seen this rally in the next few weeks and how much the earnings is playing into that. is it justified? >> i think prodly it is justified. we had a sell offoff into earnings. expectations got reset very low. from a u.s. perspective, we were looking at earnings down 35% going into the reporting season. we're about 600 basis points back of there on an as reported basis. the preannouncement season itself was very light, ross, and i think companies had properly reset expect ages. what is interesting is that we're not getting beat on the top line. >> richard, that's what has a lot of people worried that ultimately we'll run out of steam in terms of this enthusiasm and we'll be looking at what people call that w recovery, we'll

>> well, there was some controversy regarding the wording of the nie. it implied that the weaponization part of the nuclear program had stopped. and if you look at the nuclear program, it's, it started during the shah's time in the '60s and it is not clear as to, you know, how clear it's a weapons program or a civilian program. i think it's probably both. and with iran, and i think iranian, former iranian national security advisor admitted this. he was the national security advisor under khatami. he said when we negotiated with the iaea and halted uranium enrichment, that allowed us to work on other aspects of the nuclear program. he hinted that, that helped iran achieve some of its goals. when you say iran stopped weaponization its nuclear program, it is possible it stopped certain aspects of it, but in terms of uranium enrichment and building a infrastructure ultimately a nuclear weapon, i don't think that's the case, and with a nuclear program, if iran has shown restraint it is part of a diplomatic strategy to buy it time, rather than forgo nuclear w

fr bally too nie obi, extremis hahave causeproblems d it has causedus to take e stro actction again those that seek to manufacacture nuclear weapons or t to exporthat technonology. the k kingdom has decided to d r an disrupt ose and to join with us in our effortso combabat thee p prolifetion off nuclear weapons. we welme the governnt's cocommitmentto continue t to wo gether alongng with others around the world a and w weook forwarard to makg additional progress. prpresiden obama said the unite ates stands ready to join with yoyour businesses, your comommu leaders and governnt to face the largest economimicchallenge our time. he announced we'r're providing w urse for business partnershships across the regi. we'relanning on hosting a summit on entrreneurship thiss year o how we ca increas tiess in t the unitestates and in muslim countries arounundhe world. and recogninizing the many americs want to continue make fill an anthropologic ntributions abroad,d, t the president has askedhe treasury departnt to wor with the mmunities to develop safe and fective ws to facililitate humanitarian assis

his phone rang and it was the mouse majority leader, sten death nie who ie death -- they are workingany effect on what's going on inside that room? i just talked to the lead republican on this critical committee, charles grassley of iowa. here is his answer. >> the president can push all he wants to. we are committed to doing it right. restructuring our health care system, restructuring one-sixth of the economy needs time. he needs to be realistic. he was a member of the united states senate. he knows nothing gets done in the united states senate quickly. in the case of the messages i am getting from the grass roots of america, including my own state of iowa is that you need to do it right and you shouldn't rush it just for the sake of rushing it. >> reporter: i can tell you that reallies really is a bipartisan sentiment. they understand the president is doing what he has to do but the reason why it is taking so long for them to try to figure out the way to do health care reform, to kraft this health care reform legislation, it is so complicated, so hard. at least the folks in hearsa

rate now, $62.11 with nie neck down 82 cents and brent is lower 68 cents at $62.55 a barrel. the weekly u.s. inventory report will be out at 10:30 a.m. new york time. a dow jones forecast calls for oil to drop by 2.3 million barrels. gasoline and distillates to rise by 900,000 and 1 many 9 million barrels respectively. scott, how are the u.s. futures looking? it is a big day here in the u.s. with the kickoff to earnings season. certainly would he we're coming off that 2% slide across the board yesterday here in the u.s. right now, the dow looking about 20 points above fair value or so. the nasdaq will be interesting to watch today on word that google is planning a new operating system. so that stock is going to be in focus today along with microsoft. we have treasury openings on tap today. let's take a look at the bund yield right now as we focus on treasuries. 3.27% where the ten-year bund is. let's focus on the ten-year treasuries because there is a ten-year auction today. demand continues to be fairly good for the auctions here in the united states. 3.44% is where the ten-