Even with what we heard. I think what the greek government wants and European Partners wants are great Different Things. All sides are so scare of the possibility of a crisis if the greeks were to leave the euro. Theyre willing to do a compromise which is kicking the can farther down the road and not a real compromise, but a short time solution. Betty the greek official says the government should have enough money to get through the week so far. Warren buffett says the new ceo of Berkshire Hathaway must be more than a stock seeker. He spoke in a annual meeting and omaha. He is unlikely to back someone who has expertise only in investing. He also will support someone who has operational experience to succeed him. You might need a scorecard soon to keep track of the falcon president ial candidates. To outsiders are joining the race today. Former hewlettpackard ceo Carly Fiorina is in the running. She made the announcement in an online video that was just released. That she had the mornin
For hours and thats the first time ive looked at him. Your hair looks good. Erik lets look at the headlines and manufacturing. Scarlett an increase of 2. 1 , and the consensus was 2 , so slightly better than economists were looking for. I believe this was the first increase since last july as well. This was the month of march. What is interesting here is that the previous rate of a gain of 0. 2 has been revised to a drop of 0. 1 . February was weaker than anticipated and march numbers were slightly higher than economists are looking for. If you back out transportation orders, factory orders were unchanged, 0 . Whereas for the february numbers, it was revised down from 0. 8 to 0. 1 . The Financial Markets are coming off of their highs, still a by 0. 1 . It is hard to say if that came out right after factory numbers of coming out. If i look at the dollar right now, the u. S. Dollar index slightly higher here, 9537. We have seen manufacturing numbers softening for the past few months now,
Because politicians do what is politically expedient. I want to do what is right. Emily also announcing today former hewlettpackard ceo carly fiorina. Carly fiorina i think im the best person for the job because i understand how the economy works the world, who is in it, and how the economy has works works. Corrupt bureaucracy. Emily Afghan Security forces are suffering record casualties in the first clashes in the taliban. Nato says the number killed and wounded so far this year is about 70 higher than last year. The performer raises questions about the ability told off tell ban and the u. S. Plans to further scale back its role there. Bill gross says it is the beginning of the end for the market. It protects a super cycle for the stocks and bonds that will soon run out of steam. The forecast favorable for monitor policies. Investors are not loving mcdonalds turnaround plan, which includes the leadership shuffle, cost cuts, and return to shareholders. Promising to remove bureaucracy a
Welcome to power lunch. Im tyler matheson. Mandy has the day off. The biggest names in business are on the network all day with all kinds of actionable ideas for investors like you. Ackman just in the last hour. David einhorn and the list is very long. We wont go through it all right here. One of the investors making Pioneer Resources fall like a stone. See why and see what other stocks these folks are moving. Big change at cisco. John chambers leaving as many expected this summer. We will introduce you to the new ceo and tell you what you need to know. That stock cisco is up about 27 1 2 over the past year. Can the new person in charge take it to the next level. Mannedy is off today, but kayla is with us and we will get downtown in a minute. We start with a slew of investing titans as i mentioned on cnbc. Warren buffett with our becky quick following Berkshire Hathaways meeting in omaha, nebraska. Wide ranging from the stocks he is buying to market valuations overall and becky is with
3760. S p 500 up 36 points. Up by better than 2 . All the major averages clapping on 2 moves. Stocks skyrocketing on signs today lawmakers are moving towards some sort of a short term debt ceiling deal. Bob pisani, they sure made a big bet that the meeting scheduled for 4 30 p. M. Eastern time at the white house will go well. Thats what were focused on now, bob. Thats right. All of this on a belief that a deal is going to happen. Take a look at the Dow Jones Industrial average essentially closing a t the highs of the day. We were all up throughout the day. Took another leg up on the hopes, again, these are hopes that maybe getting the Government Back into business, getting the government working again, might even be part of the deal. Most people thought it wasnt going to happen throughout the day. That aspect of it. But thats hope springs eternal. Take a look at what we had moving today. The important thing is people kept saying were getting ahead of ourselves. Theres no real deal out