To help jump start the regions sputtering economy. Starting in march, the European Central bank will buy upwards of 70 billion worth of government and private bond. Every month for at least the next year and a half or as long as its needed. That aggressive stimulus that could total more a trillion dollars was even more than Global Investors expected which helped stock here and around the world move higher today. On wall street the dow soared 259 points with the utilities index setting an all time record high. Todays 83 points gain in the nasdaq and 31 points for the s p 500 were enough to wipe out all of januarys losses with those indexes. Steve liesman now with a closer look at whats in the ecbs bondbuying plan and how it will work. Reporter the European Central bank finally put its money where its mouth has been for the past months way back in july of 2012 mario draghi promised. Ecb is ready to do whatever it takes to preserve the euro. Reporter today, amid declining inflation and gr
Shoes. The Company Earned 89 cents a share, a nickel better than expectations. Revenues were hit by the stronger dollar and came in below wall street estimates at nearly 7. 5 billion but that was an increase from a year ago. Shares initially moved higher after the report. Sara eisen has more on whats working for nike and whats no reporter the takeaway for nike when youre a Global Consumer giant, it helps to have a strong and growing brand to help counter the negative impact of the stronger u. S. Dollar and thats exactly what nike thought. Overall, numbers were solid from apparel to footwear but sales missed the mark because of the stronger u. S. Dollar cutting into nike sales abrord. North americas biggest market but it does do most of its business overseas. Futures orders is what everyone pays attention to with nike numbers. The company is expecting them to grow 2 . Take out the impact of a stronger dollar and that number would have been 11 . Driven by strength in north america, in eu
Shoes. The Company Earned 89 cents a share, a nickel better than expectations. Revenues were hit by the stronger dollar and came in below wall street estimates at nearly 7. 5 billion but that was an increase from a year ago. Shares initially moved higher after the report. Sara eisen has more on whats working for nike and whats no reporter the takeaway for nike when youre a Global Consumer giant, it helps to have a strong and growing brand to help counter the negative impact of the stronger u. S. Dollar and thats exactly what nike thought. Overall, numbers were solid from apparel to footwear but sales missed the mark because of the stronger u. S. Dollar cutting into nike sales abrord. North americas biggest market but it does do most of its business overseas. Futures orders is what everyone pays attention to with nike numbers. The company is expecting them to grow 2 . Take out the impact of a stronger dollar and that number would have been 11 . Driven by strength in north america, in eu
Shoes. The Company Earned 89 cents a share, a nickel better than expectations. Revenues were hit by the stronger dollar and came in below wall street estimates at nearly 7. 5 billion but that was an increase from a year ago. Shares initially moved higher after the report. Sara eisen has more on whats working for nike and whats no reporter the takeaway for nike when youre a Global Consumer giant, it helps to have a strong and growing brand to help counter the negative impact of the stronger u. S. Dollar and thats exactly what nike thought. Overall, numbers were solid from apparel to footwear but sales missed the mark because of the stronger u. S. Dollar cutting into nike sales abrord. North americas biggest market but it does do most of its business overseas. Futures orders is what everyone pays attention to with nike numbers. The company is expecting them to grow 2 . Take out the impact of a stronger dollar and that number would have been 11 . Driven by strength in north america, in eu
Thousands without power. Suffered the scare of their life. Kate . Reporter michelle, yes. We talked to them this morning but to talk about high winds in general, we know that conditions were also dicey this morning on bay area bridges. There were high wind advisories issued and from what we feel right now, things calmed down quite a bit and the cleanup is well under way. Trees were toppled, power lines down and debris across the roadway. In antioch, Mother Nature hit this home hard. I heard a loud noise and i thought the house was falling, so i ran out of the house. Reporter she thought it was an earthquake but instead, a tree pierced into the roof on sunday evening. It was pretty scary. I didnt know what to do and who to call and my mom told me to call 911. Reporter her sisters boyfriend was in the room with her 1. 5yearold nephew. A quick jump saved her life. He was sitting down on the edge and kind of got up and thats when the tree scrapped. Reporter the high winds were a major prob