Im guy johnson. Francine im francine lacqua. We are getting breaking news out of italy. Fourth quarter gdp figures, flat. Down some 0. 5 year on year. Guy not exactly the rosy outlook you would hope for, certainly not the progress you would have hoped for if you were mario draghi. Lets shift years and talk about what the central bank is going to do today. The recipient the European Central bank goes on tour once and a while and it is on cyprus today. Francine the ecb will talk about it bond buying program, how it deals with greece. Jonathan ferro is in cyprus for the meeting. John, over to you. Thank you very much, francine. That is the big focus today. Youve seen the markets react. What does it mean for the real economy and what does it mean for countries on the periphery of europe like cyprus eston mark joining me now is the former cypriot president , amanda took cyprus into the European Union. Great to have you with us this morning. Ive had a couple of people say the conversation th
4 . A drop in inventories this week. And also a drop in the number of drilling rigs hoping to push that commodity higher. Its another down day for the transports. The airlines are bouncing back and weve got the ceo of Spirit Airlines here to talk about fluctuating oil prices and capacity are impacting his company. He looks spirited doesnt he . Ben baldanza. Talk of yet another deal shares of Health Insurer humana have been on a tear in the last hour or so that the company has put itself up for sale. Theyve had interest expressed to them by some rivals. Theyve hired Goldman Sachs and the mating dance begins. The stock up 17 . More details on this story, coming up. Its still breaking right now, as a matter of fact. Big implications across the Medicare Advantage space, of course for the Obamacare Exchanges as well. The dow is down to close out the month, 113 points, just above 18,000 for the time being. The s p 500 down about 12 for the broad index there. That nasdaq actually the outperfo
And football, we will talk some football, baby. Connell auburn, alabama. Dagen have to hate alabama. Connell all that coming up. The market, drones, you name it. Dagen can be discussed Nicole Petallides for this with what is moving today, nicole. Nicole eight straight gains. We are looking at the dow in particular, that has been up over 3 . 16,060, so it is down 26 points. The nasdaq and the ssp have up arrows barely squeezing out some gains at the moment. We got in some data which helped to trim the losses, but the trading range remains very narrow. In a 55 points, but wanted to take a look quickly at some names hitting 52week highs. Names you know including microsoft, nike and american express. Nike the best performer of the three up about 60 , but as regards the holidays is fun to look at some of these movers and some making new highs. Connell the Obama Administration say it met its goal of a healthcare. Gov work for the majority of users, but the problem is some of these Insurance
Mission critical rise above d. C. Welcome back to our continuing coverage, Mission Critical rise above d. C. Weve been here all morning long. While weve been here on capitol hill, weve been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. In the last hour we sat down with Grover Norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. He also added he thinks House Speaker boehner has been a good leader during the fiscal cliff negotiations. And then we were joined by bob corker and bob conrad. Corker said we need to focus more on entitlements now, and he will not sign any package that doesnt deal with entitlements at this point. Conrad said more, not less, should be included in some sort of a big deal. By big deal, he means over 4 trillion. We are now just 20 days away from the fiscal cliff deadline. We continue to bring both sides of the aisle to sit down together. Co
Releasing the september jobs report next tuesday. So on forget our jobs friday. Its now jobs tuesday. Last months Producer Price index will be announced on the same morning. Then on wednesday, were going to get september cpi. Steve liesman, of course, and all these numbers are going to join us 8 30 eastern time with more on what we can expect. Before we do all of that, michelle has this mornings top stories. Andrew, do that again what you did with the fear index. Ooh, the fear index. It sounded like homer simple standard operating procedure, it was really funny. In global news, chinas economy glooe grew 7. 8 in the Third Quarter. In line with expectations. But the countrys sta. Ic bureau said growth showed signs of slowing in september. Speaking of china, chinese computermaker lenovo has signed a nondisclosure deal to examine blackberrys book. But the Company Reportedly faces regulatory obstacles if it bids for all of the company. It is said to be likely to pursue parts of blackberry.