Higher. Heres the big stories you need to know about this morning. Greece topping your headlines. Athens widely expected to ask for an extension of a loan deal with the euro zone. Well talk about the implications of that. The bank of japan leaving it unchanged. The worlds third biggest economy is on the lend. By the way, the nikkei 225 is up 4 this year. Here at home a number of economic reports are set to role out this morning beginning at 8 30 eastern when we get the january Producer Price index. Housing starts as well as Building Permits. Later on in the morning we get Industrial Production figures and breaking at 2 00 p. M. Eastern time we get the minutes from the last months fed meeting. Thats at the top of the power lunch which im told is a fine program. I saw that in the prompter. Did you write that into the prompter . I script everything. Lets tell you whats going on. Fossil with weaker than expected earnings revenue and offering a less than rosie outlook. The company cites a d
Homeland security chief warned mall of america shoppers to be, quote, particularly careful, and yet yesterday it was still hard to find a parking spot at that mall. Why arent American Consumers worried if the government is . Some surprising answers on this one just ahead. Important story there. Another one as well, the president just wrapping up comments about these new rules theyre talking about for 401 k rollovers making sure the Investment Advice you get is good for you and not just for the Financial Planner or broker who is advising you. There are some concerns that people are being steered into investments that have higher fees. Theyre suitable for you, but theyre expensive at the same time, and there are cheaper alternatives. So brokers may be making more on these higher fee investments, and so the president wants to do something about that but the industry is fighting back. So we have both sides of that issue coming up a little later here on the closing bell. Yeah divisive one.
Have received 50 more pay. And the widely anticipated movie 50 shades of grey hitting the silver screen. Already breaking Box Office Records in europe. Could have a big valentines day weekend. Universal is part of the comcast family. In the meantime lets go to michelle with a check on the markets at this hour. Yeah lets take a look at the u. S. Futures following yesterdays 100 point gain on the dow and the nasdaq at a 15 year high. Strength in europe feeding into the u. S. The numbers suggest the dow would open higher by 33 points we want to bring your attention to the european markets. Theyre on track to end this volatile week on seven year highs. The german dax crossing the 11,000 mark after germany gdp numbers came in higher than expected. Greece however weaker than expected. Well talk more about that later. Shares of conagra tanking citing a strong dollar and weak sales. They are also appointing former chief Sean Connolly as the new ceo ceo. Kraft is switching up the ranks. Its cfo
Back below that level. Cant quite decisively break above it. Same for the s p at 2100. Sam will have more on that. Walmart now giving a raise to thousands of workers boosting the minimum wage to 9 an hour. What prompted the move . And is Wage Inflation finally take hold in america . Carl is speaking exclusively with walmarts ceo. Well bring you some of that shortly. Well talk about whether the wage increase is a good idea or bad idea economically speaking. Listen up if you like uber and lyft. Theres a lawsuit that can change everything about those companies and if they can afford to stay in business without raising fares substantially. Well have the details on this developing story thats sure to get bigger down the road so to speak. Yeah. See what i did with that . I like that. Heres where we stand in the markets. Hello. Right now the dow also 34 points as mentioned back below that 189,000 mark. The nasdaq higher on the session. 19 points. The s p is fractionally lower today. I think o
Bunch of losers boo its the exact same thing in this business. We dont talk about it. But it plays out every day including this day where the dow dropped 44 points s p declined 0. 11 . And which is why tonight im giving you something special. Im giving you a list of some of the most competitive ceos around. Guys who really have the gloves off when it comes to their rivals. Guys you want in your corner. Why bring this up now . Ill tell you why. Because i had the privilege of interviewing the single most competitive ceo in the business this morning. Im talking about john ledger. The man who transformed t mobile from the also ran telco play into the company with the most momentum. They shot the lights out when it reported this morning. They added subscribers, bringing the total additions to 8. 3 million. You can hear him crowing about it on twitter at 6 00. These are astounding numbers. You know how hes done it . You know how whats driving t mobile . Him. Thats right. By being himself. Th