Us. He thinks oil has also bombed. This year hell lay out his case coming up. Also apple giving a nice boost to the dow today. In fact, its the best performer. Its up more than 4 right now after word gout out that Warren Buffetts company. Also Julia Robertson has reduced his stake. Lets start with oil prices rising. Goldman turning bullish. Previously one of the most bearish forecasts over the past year, now saying prices could go to 50 in the next half of the year because of an oil deficit interestingly enough. And the oil market has gone from interior soaring saturation to being so much earlier than expected. With us now is anthony row sanity. Its the highest since november, right, so clearly the market is moving in a more positive direction here but how stable is it . You know, thats the big question, kelly. How sustainable is it. Its up 700,000 barrel as day. The weak dollar are driving this higher. After the summer it remains to be seen. How did we go from such a huge surplus to a
Medical care at a hospital in germany. Controversial surrounding the prisoner swap that let five of the highest terrorists go home. A man is wanted for having explosive materials at his home. Hes considered armed and dangerous. And the National Transportation safety board is investigating the crash of a private jet. Seven people were killed. The outspoken dad of one of the students killed at the university of Santa Barbara met with the father of the gunman. Two children are recovering after that inflatable ride took to the air and tumbled some 300 feet. V. Stiviano was reportedly assaulted in new york city. No report has been filed as of yet. A 14yearold in utah is in trouble following a wild race in a stolen car. And an iconic photo from a statue in brazil. Look at that view. Its in the kings are headed for the stanley cup finals if anybody is tired for game one of the stanley cup final, then somethings wrong. Get him his teeth, for crying out long. Actress anne b. Davis best known fo
apple placed huge dhip orders with japanese chip rival elpida. china mobile is currently the only chinese operator that does not officially carry this devise. and ge is buying two equipment mining firms. ge s trying to boost its presence in the $61 billion industry. nyse says it s out of the race to buy on the mellon exchange. it s report add $1.3 billion bid for the lme was deemed too low. over to you, joe. a few early stocks to watch. let s start with jc penney. reporting a first quarter loss of 25 cents a share. much worse than expected. same-store sales were down almost 19%. the company also ending its dividend to help pfund the multi-year overhaul under new ceo ron johnson. earlier this year the retailers released hundreds of sales on most items. it s supposed to be the second coming up supposed to be the apple store. i don t know. you could change the logo, you could give a big presentation. remember the presentation he had? ? we were you out and about? i ve been