Market stocks set to open at more record highs this morning as we move closer to the end of the year. The deal is finally done. Apple signing a landmark agreement with china mobile, the Worlds Largest phone carrier. Analysts estimate this could help apple sell as many as 20 million additional iphones in china next year target sales suffering this weekend despite trying to make amends after credit and debit card information was stolen from as many as 40 Million People. Targets apology missed the market. We are joined by Dan Greenhaus. Stocks are taking aim at history. Futures on the ridese. The dow and s p on the way to rise. The s p and nasdaq each turning in their best weekly performances since october. As sarah said, dan, when we first came in this morning, we actually have a lot to talk about. We have echos of gdp on friday, lagarde raising instead of cutting her forecast for the u. S. We are going to see a pileon this week . I couldnt call it a pileon. There is certainly a lot more
For the time being. Our road map with the markets under continuing pressure after logging their worst day in more than a month yesterday. Jc penney reporting a smaller than expected First Quarter loss and nordstrom reporting a better than expected firstquarter profit. The seafood lover darden selling red lobster to Golden Gate Capital for 2. 1 billion in cash. A whale tale, the money swimming into verizon. Well explain that later on. All right. Futures as you said, you saw relatively stable after the stock markets worst day in about five weeks. The dow posted the 167point drop. S p fell almost 1 and the nasdaq is now in the midst of a threesession losing streak. During our program yesterday you saw the tenyear note fall below 2. 5 for the First Time Since last october and the russell intraday hit that official correction territory, managed to claw its way out by the end of the day. A lot felt that bounce was significant. You know what, i think that dave tepper really this was a dave te
O out. France is 1. 71 and italy is 2. 799 . Thats what you get for lend your money to the u. S. Government for ten years. How about those oil prices, though . Thats the story over the last couple of days as we watch iraq perhaps split into three different sections, civil war raging. There is a look at wti and brent crude as of this morning. Lets get to our road map this morning, as well. We start with the markets. A lot to contend with trying to regain ground. The cow hitting its second digit in iraq. Intel raises revenue guidance on stronger business, pc sales. The pc is not yet dead. Several firms raise their price targets in reaction to the news. And table for two, priceline to buy opentable, 2. 6 billion or 103 a share in cash. A significant premium over a stock that has been fading at 7 bucks a share is where it was. Lets talk oil prices. Lets talk the markets here to start off the show. They are moving higher. You sour worries about escalating violence in iraq. Militants have ca
Better. Some red arrows in europe as Indias Parliament continues to fight about berlusconi. Our road maam begins with the s p, looking to claw back some ground after yesterdays closing at the low, below 1,700, the longest streak of the year. Jcpenney had been pointing down sharply again on continuing concerns on whether they need to raise capital and just how much. But the stock looking up after the Company Comes out with a release saying, hey, were still seeing progress here on our turn around. Well have the entire story in a moment. 11 billion is what jpmorgan could end up paying to tie up security probes. And jcpenney did fall below 9, getting close to an historic intra day low. The company has a statement out saying theyre pleased with their progress thus far in their turnaround, starting to see greater predictability in its performance across many areas, improved by its purchase conversion, which has been a longtime Sticking Point and anticipates will experience positive comps com
The deadly virus which is double the amount of troops the president is sending to iraq. Look at that double the number. Bring in todays panel. Fox businesss own charlie gasparino. David asman and marshall aurback from the institute of economic thinking. Charlie, no beard, what happened . Did someone shave you on the way to the studio. Loathe to mix myofacial hair with ebola because this is serious topic. I will say this, three thousand troops, are these medical advisors . Melissa they are boots on the ground. It is symbolic of the commitment and financial commitment were making to these two different major threats. Twice the number of people are heading to deal with the ebola crisis as to deal with the isis threat. I think that is the comparison. Really the question who threatens the homeland more, is it ebola or isis . I would arguably emphatically it is isis of the millions of people die every year because of diseases that are bred in the third world. As we found out good thing about