the p.c. just yet. we'll talk to intel on how it's bucking the trends in the tech sector. >>> first, leaders of the euro are racing against the clock to talk about the economies. this as an emergency summit gets under way in brussels today. there's two, pressing issues to be resolved here. one, the terms of a second bailout package for greece and also a way to keep the crisis contained to prevent it from spilling over to larger e.u. economies, such as spain and italy. there has been a hint of progress overnight. france and germany have reached an agreement on how to deal with greece. the details of the plan are sketchy so far. but nichololas sarkozy and ange merkel will be presenting it to the e.u. today. jim, it looks like we've made headway when it comes to greece. but the deals of this proposal are complicated. tell us about them. >> i wish i could tell you what the grand agreement was that was reached in berlin last night. we don't really know. but there's a number of ways that europe has been looking at to solve the g

investigative side of the house. our intel structure within the atf is very limited. our field fix need resources. our headquarters, entities need resources also. now, to put this in perspective, atf now, with the the battle calderon is waging against the drug cartels in mexico we need to meet the challenge. the challenge is they're going off and they're seeing these guns and these seizure events but we have to stop the flow but they can't win if they keep getting replenish. we have to take some of the best practices of some of our other agencies, i.e. under an intel-led investigation -- i'm not just talking about single investigations. in atf we have silo systems. we have divisions that work out of their division. everything comes out of their division. this has to stop. there has to be headquarters, not oversight and get out of their business but do like other agencies like exchanges the information freely. partners up with outside agencies at all levels not just in the divisions but all the way up into headquarters and to d

we are trading the future, not the past. intel depends heavily on the pc market and that is not the biggest growth area. it's a big growth is in the mobile sector and not in the pc market which had to lower the expectations for the pc business for the months ahead. there is a mixed outlook and that is the reason why the stock of intel is losing in the thursday session. >> what other shares or stories are standing out in the session? >> basically, we got extremely good numbers if you compare them to expectations from morgan stanley, the last big american bank to come out with earnings. the stock is trading up by 1.9%. that helps to support financial stocks and wall street. we had a pretty gloomy outlook from pepsi. they had decent numbers for the past but the outlook is a bit disappointing. that stock is one of the bigger losers with a drop of about 5%. >> thank you very much. staying with earnings, things are looking up for american express. cardholders spendnd record amount in the second quarter of this year and that sent profits

ten years to the day that the twin towers came down. that intel him. >>> no wore on what casey anthony is going to do when she gets out of jail on sunday. she was acquitted in the dem of her 2-year-old daughter casey. >>> no deal to raise the debt ceiling. the president has called a break after five straight talks. they could meet again tomorrow. >>> u.s. stocks are trading higher ahead of the opening bell in the morning. new economics numbers are in. government says falling prices at the pump pushed the prices lower last month. >>> california's governor signed a bill that requires schools to teach gay history. the bill is believed to be the first of its kind in the nation. >>> in l.a., carmageddon startsing this weekend. a bridge being closed on 405. you can expect the delays. you're caught up on today's headlines. ♪ ♪ probably cause you think you're cooler than me ♪ >>> we are cooler than you are, or at least many parts of the country today temperature wise. 72 in new york city. beautiful view of central park. sunny and mostly sunny later on and

see what nature can give you on the. intel analyses available in the build bankole called c.m. square so it's a look three hotels in bangkok sign on the man booker told frankel a memory watergate hotel in. princes hotel married courtyard hotel thing called the yuki suites hotel going cold the imperial queen's poto married results and sponsored shuras and hotel new supply. disinfo. golden cliff resort and spa hotel a one world cruise hotel but discovery beach hotel children resort the sea mantra pier resort. barracuda. a renaissance hotel suite hotel pacific resort and spa. in israel is available in some hotel time periods in hotels jerusalem. welcome back to cross talk a little about to remind you we're talking about murdoch under siege. and. kevin i'd like to go back to you and maybe start with the question a question and we look at how competitive corporate media is today in this scandalous demonstrating it is corruption a necessary ingredient to be competitive. well it will become even a more necessary ingredient if the department of justice does not work aggressively to enf

futures a little lower, flat, but that's due to some of the intel effect we saw. they reported good earnings last night but cut the forecast on the pc market this year. intel supplies chips for 80% of the world's pcs so it's important. stocks fell as investors took a breather from tuesday's rally amid the jitters not only about debt issues but also in europe. this morning in about 15 minutes we get big data on unemployment, weekly jobless claims, it's important this week because it is the last read for the month. we also are looking to a lot of big earnings, at&t, morgan stanley. just to recap from yesterday dow fell 15 points, 12,571, the nasdaq lost steam off 12 to 2814. also, americans may spend less on back-to-school shopping. the the national retail federation expects consumers to spend $603 on clothes, school supplies and electronic, down a half percent from last year. with gas prices quite high and job growth at a near standstill shoppers will seek bargains. nearly 60% plan to visit department stores with several less expensive private brands. china has been

the 2nd generation of intel core processors. this is visibly smart.

lead investigative side of the house, the intel structure within the atf is very limited.the resources, headquarters to put this into perspective with some of battle calderon is waging against the drug cartel we need to meet that challenge and they are going out to these guns and we have to stop the flow because they cannot win if they are replenish. with that in mind we have to start the best practices of other agencies and intel led investigation not just single investigations. we have silos systems in divisions that work. everything from out of the division house to stop. their house to be headquarters, and not oversight and get into their business but like the other agencies. the exchange of information and freely. partner of that outside agencies at all levels of the way of to headquarters. to do that we have to build the intelligence structure to support not only the agents in the field but the partners in mexico in fellow agencies. >> i will cut you off only because of time that constraint but first of all, you are thinking on a bipartisan basis of what we need to d

. >> the intel officer that was sent here from the e-mail said they were not going to pursue an adseg over it and he could go into general population. we had no reason to adseg him from here. >> many are from their own protect, but not in colorado. inmates are transferred to another state prison. >> we are adamant that we'll not segregate the sex offenders here. we had a great rest of the population. we do that to manage the population and not close doors in regards to where we can house them. >> for creates problems because the general population offenders try to assault the sex offenders because they don't want them housed around them. >> they will put them around me on the yard. he will get smashed. simple as that . >> michael gill is one of the adseg inmates yelling at shriver during the interview. ironically, he served two years for sexual assault and is back on parole violation, but he won allies by carrying out other crimes in prison, including some against sex offenders >> a lot of write ups. tattooing. theft. unauthorized possession and assault. >> why? >> to fit in. i don't

an official familiar with the intel told nbc news that the plot goes beyond concealing a bomb in a body cavity. this plan would involve surgically implanting a device. authorities say there is no indication the plan is moved beyond the talking stage. still, transportation security officials are warning travelers to expect a variety of additional screening measures on international flights bound for the u.s. >>> the army psychiatrist charged in that deadly ft. hood shooting will face the death penalty after he's tried by the military. major nadal hasan will be court martialed in texas at ft. hood. he's accused in that rampage that left 13 people dead in 2009. hasan was paralyzed from the waist down after police fired at him during the shooting spree. he worked here at walter reid army medical center before he was stationed at ft. hood in texas. >>> today, president obama made white house history by hosting the first-ever twitter town hall. it was a chance for the president to reconnect with the social media universe of young voters who powered his presidential campaign. it also was an op

menwith hill is the largest intel gathering and surveillance base outside the us there are thirty two satellite dishes housed inside the huge golf ball structures which can eavesdrop on telephone calls faxes and e-mails from around the world it's been operational since the one nine hundred sixty s. but now it's set to become part of the controversial missile defense shield to alert the u.s. to any launch a ballistic missiles as in poland and the czech republic where the u.s. also plans to site bases worrying that having a facility here would put the area in danger heightening the risk of an attack by anyone who wants to disable the shield but unlike in eastern europe the government here has put up no fight at all in fact it doesn't even know what goes on here there isn't a single british official in parliament or in the intelligence services who could give you a full picture of what is happening in this case it's the culmination of former us president ronald reagan's dream as his statue is unveiled in london on monday menwith hill in bodies will rake it in busiest in the early warning

after the close, focus was on semiconductor maker intel with better-than-expected results. beating the street despite slowing personal computer sales, intel's p.c. chip business grew by double digits, as did sales of chips for mobile devices and computer servers. chief financial officer stacy smith echoes what many companies credit for growth-- developing markets. >> they're already more than 50% of our revenue. when i look at the p.c. market, two out of every three units incrementally over the next couple of years, i believe, will come from emerging markets. and there's a simple phenomenon going on there, which is the technology we sell not only is important in people's lives but has become very affordable. >> tom: shares were down a fraction during the regular session. last 12 months of intel. after-hours, they dropped another 2%. this jump we've got in april to 52 week high came off of its previous quarterly report and in improved outlook. this time around, intel's guidance is slightly above estimates. financial stocks led the market today, and bank of america's 3% gain w

there's a lot more in the mix. intel reporting after the closing bell. it's reporting record sales. bread and butter personal computer business. this is really an accomplishment, ali, considering u.s. pc shipments fell nearly 6% compared to the same time last year. net income in the second quarter is also up to $3 billion, up 2% from a year earlier. overall, sales are up 21% to a record $13 billion. that topped forecasts. this is intel's fifth consecutive quarter of record revenue. still, shares of intel now are down about 2.5% in the premarket. >>> also, after the close yesterday we heard great news from american express, the company's second quarter earnings up 31%. the reason -- record cardholder spending. amex says card customers increased spending 18% to an all-time high. it appears amex cardholders at least are feeling a little better about the economy. we've got a lot of earnings coming out today, as well. >> yeah, just a few days for you. you'll keep us posted. good to see you, carter evans at the nasdaq market site. >>> we have 20 minutes away from the final historic landin

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pakistan no he has accumulated the good will from the highly successful joint operation between the us intel and special ops professionals at about about the nitrate he should regain and initiative from the white house decision makers and promote an unconventional brand new u.s. approach towards this contraries only plan to right now has such a unique capability to shift the us policy from the unilateral troublemaking in afghanistan and pakistan to comprehensive regional policy we had shanghai cooperation organization as being the true and reliable partner for the united states instead of major that who provided the brand new opportunities both for united states pakistan and its neighbors to jumpstart totally new regional security policies that would benefit to all parties concerned and later will bring you their revelations of a military journalist who spent a year in iraq and interviewed thousands of u.s. soldiers that's in a special report coming up next hour. spending the year in iraq is military journalist. we still in the u.s. . there's wasting their time trying to go. oh was willing t

pakistan now he has accumulated the good will from the highly successful joint operation between the us intel and special ops professionals at night trade he should regain any issues if from the white house decision makers and promote unconventional brand new u.s. approach towards these contraries and to shift the focus from afghanistan to pakistan only financer right now has such a unique capabilities to the u.s. policy from the unilateral troublemaking in afghanistan and pakistan to a comprehensive regional policy we have the shanghai cooperation organization as being the true and reliable partner for the united states instead of nato that who provided the brand new opportunities both for united states pakistan and its neighbors to jumpstart totally new regional security policies that will benefit to all parties concerned now let's take a look at some of the stories from around the world. birds are on their way in thailand to form a new coalition government which will bring the country's first ever female prime minister to power that's after the opposition party won a landslide victory in s

the flat design wasn't keeping up with computing needs. a chip analyst in silicon valley. he was briefed by intelhead of the announcement. >> when they were lying down you had a transistor gated that was getting smaller and smaller and the number of electron trons that could flow it was being con zbliand they say it whether l allow the number of transistors on the chip to continue to double every four years. the key to this is giving the chip so there is more space for electrons move. >> all the devices it will continue with moore's law and you can pack more things in the same space if you go up rather than sideways. >> watches movies and videos streamed is a big trend on handheld devices and new design should allow them to play more smoothly and be able to watch the entire movie before the battery wears down. >> it gives you a huge advantage if you can get the power envelope where you don't drain the power in a single movie. >> they have mass production by the end of the year. known as the tri-gate 6 million fix them on a dot the size of a period. >>> it's been a real breakthrough for people tha