It is an exclusive you wont see anywhere but on cnbc. As you were saying a positive month but ending with losses with the dow and s p 500 down for the third time in four days now. The nasdaq down for a fourth straight session. It is currently off by over 1 . The major averages up however, for the month of april. Having their biggest drops today, though since april 17th which is approximately two weeks ago. Check out oil, though having its best monthly gain in six years. Crude is up more than 24 over that period. Bertha coombs is at the nasdaq jackie deangeles at s p. Bob, is there something more to this . I think the problem is we have continuing concerns about the inability to get earnings up significantly. Were flat but not moving up very much. I think we would have ended april last week because youre right, we havent had any energy at all this week. Look at the s p 500. Were to the downside and moving sideways and were at the lows for the week. Really were having a lousy week overal
The yield is up after the fed minutes suggest the hawks are a little bit restless and as for europe we continue to watch the death toll in ukraine. The eu does hold an emergency meeting today. It is facebooks largest ever acquisition by far, the social network whying messaging Service Whatsapp and Mark Zuckerberg said the deal came together in ten days and some of the details are beginning to fill in. Closing the deal over chocolatecovered strawberries but a lot of metrics being thrown around, david, 42 a user and questions of how quickly this company can grow. Yeah. Of course, the thought being at 450 million users perhaps they can get to a billion. It is considered a communications platform. It is not about advertising. It is about communications. It is a very Popular Platform in europe. The user interface is said to be very slick. Given that most of the 55 employees that work at this company are engineers. But, carl, you know, there are many people who might want to ven tture its 19
App store in terms of design and seeing what your friend are saying. Whatsapp is doing pretty well. Adam stock is going up. They havent told us how they will make money because they dont like advertising. Thats right. Adam nicole, youre looking at other stocks that could benefit or lose because of this deal. What have you got for investors . This is 19 billion blockbuster deals and some other names besides facebook are in some way, shape or form, going to have some sort of a correlation. Llts look at some internet providers and some of the cell phone carriers and see how they are faring on this day as we look at names like comcast and cablevision. You can see all up airarrows across the board. Granted one of those riskon kind of days. Time warner up 1 . Charter communications up 1. 7 . Cablevision also a winner. Here are some cell phone carriers as we talk about this blockbuster Messenger Services that is going to be occurring. You obviously see the cell phone carriers due to be benefi
Gm said it expects to take a charge up to 750 million in the First Quarter, mostly related to the costs of recall repairs. Shares of gm, theyve come off their highs of about 42 million a share, now trading at about 34 a share. We will see what happens to that stock today at she begins to speak at gm. In just a few minutes, weve got represent michael burgess. Hes going to give us a preview of todays hearing. I still dont know if this is theater or what you can get from Something Like this. Its hearing her, the first thing i thought of was its good for her to be able to say that, but talking about an entity, were not talking about an individual. But it does help when the individual is sort of new and wasnt here for that. You can sort of say from now on, gm will be like this. And this is the past. Im here now. No longer going to be like this. So that is an advantage. And i thought, how many more heads up for this . You figure not hers, but well see. 750 million, i thought, wow, for gm, th
Contaminated beef is being sold. They dont know. Were learning some of it may have been sold in supermarkets, not just restaurants. For more on this, tony corbo from food and water watch. Thanks for coming on the show. How could they not know where the stuff is . They know the producer. Well they will have to check the retail records to see where, where this particular company sold their products. So if the, if records are deficient at the company, it is going to take longer to do the investigative work. Gerri oh, boy. That sound like a long process to me. So how do i know if the hamburger in my freezer right now is contaminated . Well, if in fact it did hit retail supermarkets, there is an inspection legend, usda inspection legend on packages that will identify the plant. And the plant number is 2574b. So if you see the logo of usda saying it has been inspected, there should be an establishment number with that number there. So that would indicate that meat came from that plant. Gerri