Were left undelivered. It is a half day close for the markets today. Germany closed today. Other european markets are having shortened sessions. Take a look at futures right now and see how the market is setting itself up for this Christmas Eve market session. Dow jones would open higher, about 43 points higher. Nasdaq up 10 points and the s p 500 up a little over 5 points. Weekly jobless claims, were going to get that at 8 30 eastern time. Economists are looking for 290,000 first time filings for unemployment benefits. Then weve got Corporate News to tell you about. Takatas president is stepping down amid the scandal over that massive air bag recall. The companys grandson will assume that role. Everybody is wearing red. Merry christmas. Merry christmas, everybody. Among the biggest buzz stories this morning, south korea now indicting i thought we were talking about north korea. This is south korea. Ubers ceo. The Ride Sharing Services governing a law involving public transport. This i
Forecast for brent crude saying oversupply is likely to peak in whos doing it best. The Second Quarter of the next and candidly, new york really year. Those prices are looking at a was doing the best work in this near fiveyear low. And the worst case scenario, brent could fall as low as 43 space. Were in a good position from a in the next six months. Thats something to be watching. Budget point. Andrew, over to you. Thank you, becky. On a cash basis. Good morning. We have Corporate News this morning as well. Here are the stocks to watch. Reaching nearrecord levels. The first one out of the box is im comfortable well be able to merck reportedly in talks to buy absorb and pay for the costs. Cubist pharmaceuticals to make and im also confident that the antibiotics and they will pay entrepreneurs coming with roughly 7 billion. Foreignborn citizens and thats more than 34 premium. Immigrants will more than contribute their fair share to also in other drug news, bristol atlantas economy and m
The third rail pierced the front cabin and came up through the train. Thats a horrible horrible situation. Thats the train my father takes every day. Among big business stories were watching this morning if you read on jobs the adp employment report is coming up. Forecasters say the economy likely added 245,000 private sector jobs last month. Greece started debt swap talks with the imf. The new government wants to restructure its debt after receiving 275 billion in bailout money since 2010 and in china a post mortem of stimulus central bank making a basis point universal cut in banks reserves ratio as policy makers try to encourage banks to lend. Shell join us in just a moment to discuss. First theres a couple of stocks to watch this morning that we want to keep you abreast of. Disney shares getting a boost after results were better than wall street was expecting. Its blockbuster film frozen is still hot driving Home Entertainment and toy sales. Were going to talk to an analyst and was
Electric car that can go more than 200 miles on a single charge. It will cost less than 40,000 dollars. Greece in germany are headed for a showdown in brussels. Finance ministers meet today over greeces request to extend the bailout agreement for six months. A new headlined says a deal tonight looks unlikely. Greece needs the extension to avoid defaulting on its debt. Germany has rebuffed the greek request. The german finance minister says greece needs to make a firmer commitment to austerity. Heres a greeces debbie Prime Minister responded. Deputy Prime Minister responded. At this moment, it appears there are powers that would like greece on its knees so they can impose their will. I believe we can think of what helps our country and what helps these powers. Betty germany is the biggest contributor to the 273 billion bailout to greece. The Parent Company ann taylor, looking to sell. Working with jpmorgan and reached out to potential buyers. It also owns the loft. The best antitrust re
Rid of patient, so to speak. Great. Now were at 1. 9 again. Lets get to our road map. It starts with the markets, futures as you saw pointing to a slightly higher open helped by Consumer Prices that rose for the First Time Since october. Plus Chesapeake Energy blaming weak commodities for its decision to cut cap x this year. Of course its not alone. Carl icahn boosted his stake in the company to 11 , that was just out yesterday. Tragedy in europe up to 150 people are believed dead after a germanwings airliner crashes in southern france. Want to get to another story that we. Reporter have just been breaking. Mary thompson has. Ruth porat of Morgan Stanley. Thats right. Ruth porat is leaving that firm and she will become the cfo of google google. Wall street veteran moving to Silicon Valley. Shes been with Morgan Stanley for 28 years. Among the roles including ceo or cfo, she has been the lead tech banking, she led the companys banking franchise and also of course to serve the company to