A pretty rough session in asia. The nikkei lower today. The ecb outlining their plan for stress tests. By the way, stay tuned for our interview with ecb president mario draghi a little later on. Dell out telling two different stories, caterpillar, cutting the forecast, citing a difficult year. Then theres boeing raising its guidance and upping its production schedule. And our live interview with starbucks chairman and ceo Howard Schultz. The company is looking to expand its empire beyond coffee. Carl icahn selling shares. Well discuss the best time to get out of a stock. Boeing raising its fullyear guidance. On the flip side, caterpillar is falling after posting huge numbers, missed the street by a very wide margin, cutting hits fullyear outlook. Ceo Doug Oberhelman was on squawk box this morning. Ive seen cycles over my 39 years. This one is pretty acute in mining. The rest of the business is hanging in there. Jim, he said its been a tough year, hell be glad to see it go, hes still bu
Bell here. Is the fed misreading economic slack . We will hear from one economist who says they are and that it could end up hurting the economy. And then there are the geopolitical concerns. You saw president obama responding to the escalating violence in ukraine. There are still other hotspots around the globe, middle east, syria, south america. Were going to look at whether that could end up hurting investors right here in the u. S. Lets take a look at markets now as we enter this final hour of trade. The dow is off by about 17 points. The s p 500 shedding 4 or 5, and the nasdaq is negative breaking quite a spring of gains at this hour. Whats interesting at the same time though is to look at the tenyear Interest Rate which has been on the move up even as some of the data has disappointing, bill. Look at that. 2. 73 , thats fodder for rick santelli. Lets talk about it. Diane garnet, keith fitzgerald, rob lutz, always want to say the cabot letter there. Peter anderson, and, yes, rick
From the city to the counties to your neighborhood. Now its complete coverage. Its wjz, marylands news station. Good morning and welcome to Eyewitness News this saturday. Im gigi barnett. Im marty bass in for tim williams. Its not going to be a bad day. Good. A little cloudy out there right now. There is that big full moon starting to set in the western sky. Lets go ahead and take a look at the forecast. Youll notice that moon is dim by high clouds. Those clouds are going to thicken through the day. Its not impossible that late today, maybe this evening we see a passing shower. 66 going to be the high. Were talking about 50 right now. Well have the first warning complete weekend forecast in just a couple of minutes. Thank you marty. Heres a look at the stories people are talking about this morning. A u. S. Air marshal is out on bail after admitting to a shocking crime on board an airplane. As Rochelle Ritchie explains, the man was on the clock when he was caught secretly snapping pictu
I only make that point to say we live in an environment where we are mitigating all these problems. As much as i would love to live in a world where we could simply eliminate them or get to a place where we eliminate them, realistically we are going to be dealing with strategies to mitigate these problems. I want to, before we open it up to questions, get a little more specific on what the private sector should be able to do, and maybe steve you or anyone else jump in on this. Theres been a lot of discussion of active defense, of actions that the private sector could do in its own infrastructure, honey pots, et cetera or moving outside of its infrastructure to try to get back its data. Is this part of what youre talking about as greater private sector role in deterrence, and i guess from others, are there reactions to that specifically . First i would like to say there is the playbook for cyber events. Some of these issues are discussed there and in a way that is very evenhanded to add
Much, waiting for the jobs number tomorrow. 6. 4 on theing for unemployment rate. And its time for the big three stocks to watch in the lets talk about a couple up and a couple down. Yum brands up today, upgraded will stopbert w eric analysts are optimistic about a rebound in china. Theyve faced a lot of challenges there, particularly with it kfc business. Costco not doing well today. Issing analyst estimates what it did like everybody during the Holiday Season was offer a lot of discounts, but it wasnt enough to drive traffic. The traffic there was, number was depressed because the stock was offered for less. So those shares are down 2 . But not as bad as staples. The company seeing more sales declines and forecasting sales will fall additionally in the next fiscal quarter and theyre closing about 12 of their stores and has a plan to save 500 million over the next several years. So you think there will be sanctions for russian for russia coming out of the European Union time for a lit