Largest shareholder. Theyre going to infuse 1 billion in the company. The ceo is out. We have the latest on the mess and blackberrys insistence. Interim ceo right now, a friend of ours, insists they will not stop selling the blackberry devices. But whos buying them at this point besides us . If you have one, is it time to give it up . Never. I dont want to give mine up. From my cold dead hands youll take it. I did switch to the iphone, you the by still rely on my blackberry. Isnt that amazing . Absolutely. I have both but i wish i could keep it, really. At least theyve got us. Rooting for them. To stay strong. A new cnbc poll shows investors are not sold on twitter as a stock that is especially the young people who use twitter the most. We thought that was interesting. So, why did the company just dramatically increase its ipo pricing range today . Take a closer look. Ahead of the big deal coming to market this wooeleek. Should you buy it when it comes to market thursday . Google outra
Watching apple. Again. The stock has not closed above 500 a share since january. It has a real shot today. Take a look. It is the why the stock that is surging that has our attention. Carl icahns tweet yesterday has so far netted him about 70 billion on his apple investment. So should we expect more of the highly publicized social media announcements . Is that good or fair for the free market . 70 billion, bill he bought a ton of apple, and is making a lot of money right now on that. Also, awaiting another briefing on the air tragedy involving the u. P. S. Cargo plane outside of birmingham, alabama, crashed first thing this morning. Sadly, both crew members died in that accident. And now were awaiting news on why it happened. Well have the very latest on that. Phil is monitoring that for us, coming up in a few minutes here. A tough story there. Lets look at the market as we approach the final hour. As the bell sounds in about an hour. The dow is down 105 point, just shy really of the l
Levels an hour from now is very much in question. Some now wondering what exactly the fed sees in the economy that had them keeping their foot firmly on the gas pedal as far as easing Monetary Policy. Is it housing . Is it unemployment . Is it just a sentiment that is just a slow pace in terms of Economic Growth . I think its job growth not Strong Enough yet. And the Inflation Expectations are not high enough yet. I think those two are very key for the economy right now. Ditto, it tditto. Throw in there the idea that rates have already moved up. That has put a bit of a crimp in the mortgage market. They dont want that to persist. Since this is the one area of the economy that has been doing so well. Well talk about all this in the hour to come. Also today, carl icahn says americas board rooms are broken. He knows how to fix them. A scathing oped in the wall street journal today. Hes with us live, exclusive, with a lot more to say on the issue. Who will his next target be . You dont wan
The dow is down 36 points. Were off the lows of the session, and were keeping a close eye on the yield of the 10year note, which has been approaching 2. 9 , which traders keep telling me could be a negative trigger for this market. Thats the big issue, schbt it, 2. 9 on the soyear. Volume on the low side. No surprise. Were into august, end of august. Target, j. P. Morgan, though, the worst dow performer. The government is reportedly looking into the firms hiring practices in china. Is j. P. Morgan in the administrations cross hairs forever now, and if so, we will have analysis. And facebook may be redfaced today because the Facebook Page of mark zuckerburg, yes, the Mark Zuckerberg, it was hacked. If his page isnt safe, is anyones . Its yet another blow to internet privacy and security, and well have much more on that story still to come on todays program. Scary stuff. Lets check the markets as we approach the final stretch. The final hour of the day, the Dow Jones Industrials average
Making some impressive bets. Can you say linkedin . The former ceo of zero is going to be joining us on where to invest right now, and it is all about you and your body. A Little Spring cleaning. How much do those diets help you . The doctor this hour is here with her call and the impact on the weight loss industry. But first we are watching the market in certain the market taking downward after a very soft jobs report from adp. Supply data shows inventories rising lowerthanexpected. Adam shapiro on the floor of the new york stock exchange. Phil flynn at the trading pits of the cme. First to you, what are the traders saying about the actions. The s p 500 cant break through the resistance, the intraday high. Just have not been able to get through that. Some of the winners, some of the losers, big winners, disney hitting an alltime high, Goldman Sachs up today, disney up 1. 5 , Goldman Sachs up almost 1. 5 . You look at the big loser, exxonmobil down almost 3 , a drag of 18 points and th