Board. Lauren and asia, hong kong stocks to edge higher. However, check out japan. The nikkei down 1. 3 . Dagen crude oil falling down 13 cents a barrel after a report yesterday showed a surprise built in this countrys crude inventory. 5393 or cost of crude. Lauren or 10 year treasury yield at 2. 84 . Dagen u. S. Retailers to have their best Holiday Season in years. Whats behind that move . Lauren miami hurricanes as they try to win their first bowl game since 2006. Dagen 5 01 a. M. In new york city december 29th. Welcome to fbn am, your first look at morning markets and breaking news. Lauren donald trump announced in my jobs for american workers. Sprint will move thousands of jobs back to the u. S. He said because it is jobs in this country. The jobs that mostly come from Customer Service and sales. The ceo of bank of japan is actually owned and also controls the new company won by a peer trump says the company will hire 3000 u. S. Workers. That when the founder of one whether the exe
Im wilfred frost alongside courtney reagan. Good morning to you. Sara is in cincinnati today sitting down with the ceo of Procter Gamble. It is throwback thursday, in honor of the world series, were throwing it back with some of the best sports themed songs, paying homage to the cubs with this song, they won game two last night. They tie it up. Sara is also with us. Tell us what you got coming up. Good morning. The hometown to the Global Consumer juggernaut, thats Procter Gamble. That traces its roots back to the city to the 1800s and is going through a transformation right now. P g never fully recovered from the financial crisis years ago. Its brandnew ceo, david taylor, on the job exactly one year, november 1st, sat down with us. It was his first interview since taking on the role of p g. We talked about where he is, coming off a solid quarter. 3 organic growth. Something that p g had not seen since back in 2014. Where he sees growth. This is a Company Behind many household brands th
Peretz. More data coming out. Lets go to julie hyman. Read onhe final Consumer Confidence from the university of michigans index. 90. 3. L from this is the final rating. The more important Economic Data point was gdp for last quarter expanding at 1. 2 , less than projected. That affecting markets are early in the day. It seems like investors are focusing on individual companies. Nd earning reports the nasdaq touching its highest rating level on an intraday basis that we have seen before falling back. The losers putting pressure on stocks, exxon mobil coming out with earnings missing estimates. Efining margins plunged 30 chevron falling after its third consecutive loss. Cigna cutting the Second Quarter earnings, well short of estimates. Theyre saying losses and a weakness in particular in the disability business. Disability business through employers has been weak. We have strength in tech names, in particular out for that and amazon. Both beat estimates. Amazon showing profit and profi
1. 56. And japan has moved up. Theres another big story for the markets. Crude hanging right around that 40 level. Left out by a thread. Okay. Lot of cliches today. More coming of course. Including our road map. Pfizer lower, while Procter Gamble is higher. Were going to dig into both of those reports. Warren buffett slamming donald trump while campaigning for Hillary Clinton last night in omaha. And shares of williams are higher this morning on earning. I talk to the ceo about cutting its dividend. Saga with. And more. All right. As the dough looks to break the six session losing streak, pfizer beating the street with Quarterly Results. Helped by new sales. Procter gambles Fourth Quarter results also ahead of consensus but the company says it expects currency fluctuations to disproportionately effect Current Quarter earnings. Where do we start . Why dont we start with proctor. The fact is the organic quote buzz. The last Conference Call was really widely about currency issues. So they
There is Movement Towards him. Disney, moving down in the stock, the trouble with espn and thats disneys cash cow, its going to be down big. But the big money story, the long list of big names hitting record highs. Amazon leads the charge again and, yes, Varney Company is about to begin. Well, i wont back down. [laughter] you hear that, you know, the producers select very good music. No, i wont back down. All right. Bernie sanders is not backing down, he won another state. The economy, one of the big issues for democrat voters yesterday. A third of those democrat voters in West Virginia said theyd go for trump in november. How about that . More coming up on that issue, but right now, well check the market for you. Here is how were likely to open today, ever so slightly lower. But what do you expect after a 200 point plus gain yesterday. That was biggest gain in two months. It will open lower, but thats mostly because of disney, which is a dow stock, which will be down. That will cost t