Yeah he did. He testified on his own behalf. Made his case and the jury found him not guilty. He called this suit personal. He said it was all personal. Hell speak out about that today. Since hes mark cuban, chances are hell have a few other things to say about a few other matters as well. Cuban owns the dallas maverick Basketball Team up. Might be interested in listening to our coach coming up, Legendary College coach rick pitino. He has a book out about leadership, two things lacking in washington. Speaking with the coach. And americas favorite stocks, today were looking at amazon. Are investors confusing a Great Company with a great stock. One thing lacking with amazon, even though its so has done so well as a stock over the years. Its at 327 right now. It has not turned a profit. Its a great investment but does it justify this run . Just because you love the company, does it mean you should love the stock . Thats still to cob. And that you could look at a lot of companies. Absolute
After a setback yesterday. Hello, tyler. Shares late in the nasdaq higher as activist investor carl icahn increases his stake in the company, steps up his effort to get ceo tim cook to launch 150 billion stock buyback. Does icahn really own enough shares to get his way . We will talk about that and more. Where is the growth . We are looking at growth and the economy, coming up. When i talk to former council on economic adviser Larry Summers. Where he sees the u. S. And global economies headed as well as discuss some of the recent headlines out of the countrys capital. Meanwhile, maria, lets get you up to date on the markets. They are powering higher right now. The strindustrials up 113 pointt 15,526. About. 75 higher. Nasdaq moving up by 25 points. 3932. Twothirds of a percent. S p 500 is at 1753. Up seven points or a little less than. 5 . Maria . Not a bad showing today with that triple digit gain on the dow. Bob pisani, whats behind this move . Weve got strength in home depot and vis
Families and others hit by this senseless tragedy. The horror of the story may have muted trading on wall street today, as all priorities are being rearranged in a moment, and we will get you caught up on these markets in just a moment, but first we want to let you know. President obama is set to make a statement on this tragedy from the white house around 3 15 eastern. Our john harwood is in washington with some more details on what we know right now. John . Reporter well, bill, the horror of this tragedy is also muted talk of anything else in washington for the day, including the fiscal cliff and all the issues that weve been discussing for some time now, but one of the jobs of a president is to console victims and to console the nation at a time of grief of this magnitude, so were going to hear from the president at 3 15. Jay carney earlier saying he wasnt going to discuss issues like gun control. It wasnt a day for politics. Its a day to focus on the victims of the tragedy, so you
Very, very famous legendary jazz club the blue note. Usually room at the bar. Theres always room at the bar. Well see you in an hour for the closing bell. Thanks so much. Thanks, bob. Speaking of the market shortened session one more hour. Lets head over to maria at post 9. Thanks, carl. Hi everybody. Welcome to the closing bell. Im Maria Bartiroma at the new york stock exchange. No, your watch is not wrong. The closing bell ringing three hours early today at 1 00 eastern for Christmas Eve. Hi, bill. Hey, maria. Im Bill Griffith here at cnbc world headquarters. A down day not terrible, light volume as you might imagine on this half day. The dow down about 40 points right now. 46point decline at 13,144. All the other major averages lower as well. The nasdaq at this hour down about ten points at 3,011 and the s p 500 down 4. 25. Certainly volume on the light side today. Though were facing light volume there is still money to be made in these markets. Remember after the closing bell rings
Atlanta fed president Dennis Lockhart said its possible, its on the table, that they could begin the tapering process as early as december meeting. Thats earlier than the market anticipated but well talk about that in a little bit coming up here. I wonder if that puts on question their decision not to taper in september. We havent had that much great that date. Were talking about one month. Lots to talk about in terms of the fed and what the implications would be there. We also have a very special first on cnbc interview coming up. Chairman and ceo of enter continental exchange, better known as i. C. E. , Jeff Sprecher. He made comments about the markets being stacked against the small investor. Well talk about that as well as the closing of the nyc deal. What happened to the floor . Lets to talk about coming up. On the floor here at the New York Stock Exchange. Also, a fascinating investigation on ceos. This is an academic paper but it turns out, according to their research, that the