we will leave it there, alejandro barbajosa with argus media and stephen gallo with snyder foreign exchange and stephen will remain with us. intel adjusted earnings topped analyst forecasts thanks in part to strong sales of the company's adam chip used in notebook computers and a boost in demand from asia. analysts expect third quarter revenues to boat adjustments and they're expecting a better back to school shopping season in the quarter. >> our outlook for q3 reinforced the view that we had a year ago which is that the we saw the computer markets bottoming in the first quarter, we saw improvements in the second quarter and we expect a seasonally higher second half. >> intel stocks surged after hours trading and in frankfurt, another boost up by some 8%. the treasury department the and the fed are reportedly working on an emergency aid package for cit, the commercial lender's cash crisis deepens. customers have the tapping their credit lines, draw about $750 million in the past two days. reports say the government's s action may include a temporary lobe, access to the fed's discount windo

thanks so much for joining us, stephen gallo at sch in the ider foreign exchange. >>> coming up in the next hour of "worldwide exchange," we will continue to monitor headline stories and bring you up to speed with all of them. >> plus, can coca-cola adds more boosts to earnings seasons? should investors be more weary headed into the second half? we'll have analysis after the break. >>> i'm christine tan. in asia, japan's prime minister dissolves parliament and calls for august 30th elections, possibly setting its party up for a historic defeat. >>> i'm ross westgate. here in europe, stocks have traded to the upside as credit suisse follows goldman by raising its target for the s&p. >>> and i'm bertha coombs. in the u.s., ben bernanke gives a fresh report on capitol hill today and outlines an exit plan for the fed's policy of quantitative easing. if you're just joining us in the united states, welcome to the start of your global day with "worldwide exchange." we broadcast live from the u.s., asia and europe. and in the u.s. this morning, if futures are more or less flat. we've got a ton