Biggest increase since february ahead of the jobs number tomorrow. Our road map begins with facebook shares poised to hit a new record after last night. Whole foods misses expectations. Sales growth at a fiveyear low. Find out how the coceo explained this to jim on mad money last night. Homeaway, well talk to the ceos in the next hour. But facebook is poised to open at a record high while entering the 300 billion club. The Third Quarter results beat estimates. 78 of ad revenues now coming from monthly active users. On last nights Conference Call, Mark Zuckerberg said video is another area where facebook is continuing to make progress. Take a listen. On average there are now more than 8 billion daily video views on facebook and 500 Million People who are watching daily. To offer even more engaging video experiences, weve added live video for public figures. And we now support interactive 360 videos. 78 mobile. Three years ago it was 14 . Remember that . Remember when they had a mobile p
Wells fargo sales tactics being under investigation. Today we have new comments from the wells fargo ceo. While amazon has seen big gains over the last two months in the stock market we have data that shows now may be the time to sell that stock. We will explain why. And giving the gift of stocks. Stocks, not sock, stocks, we will introduce you to the ceo of new company thats selling gift cards before buying shares in the checkout line. It does give new meaning to stocking did you ever, doesnt it . Yes, it does. Its very clever. Lets start with the breaking news on auto sales. Phil lebeau joins us now. Record breaking pace, phil . Record breaking, kelly, it was monster month. We knew it would be. Over 18 million, now we know exactly how much. Auto data which basically crunches all of the numbers every month has come up with the calculation that the sales pace last month was 18. 19 million vehicles, thats the pace of sales. Were showing you this chart because it goes all the way back to
Tyler mathisen off today and mandy at the New York Stock Exchange with bob pisani where, no doubt, its another wild day for equities. If you thought brian was messy, welcome to the first day of september. Currently sitting around session lows down 414 points. Bob, what kind of correlations could you make, maybe differences as well, with whats happening today from last monday . Well, certainly didnt have the selling pressure at important. Thats the important thing. Let me show you the s p 500. Last monday we had waves and waves of sell orders at the open. We did not have that today and i think that contributed to the somewhat orderly though down open. We got down to 2 and have been there and were drifting lower and sitting at the lows for the day. Let me give you headlines about the markets midday and show you what the internals are like. A man who had less selling pressure than last monday but no buying interest today and no bids and thats part of the problem. Buyers have got to get mo
Different alarm. Often a critic, Rupert Murdoch takes a shot. Google with harsh tweets about privacy. Family dollar at center of a bidding war. Dollar general announcing an offer to buy rival discount retailer for 78. 50 a share in cash, total transaction valued 9. 7 billion, counters dollar trees 74. 50 a share, cash and stock bid. So much, jim for not everybody working in late august in the summer. Somebodys working here. This is interesting. This was what we first thought would happen. Exactly. Surprised that dollar wasnt involved because its a better fit. You can tell from the stocks reaction, people agree. I like allcash bid. Lots of overlap in the two, youll be able to take out more cost. Thats what we like about takeovers, consolidation and cost taken out. Even icahn in Family Dollar and precipitated all of this at least public conversation we know discussions with Family Dollar and dollar tree had been going on for some time before icahns involvement. He himself thought that Do
Kind of day. The catalyst was there was no negative catalyst. There was no deterioration in Eastern Ukraine over the weekend thankfully. Ukraines and russians Foreign Ministers met for lengthy talks in berlin, with moderate progress. Iraqi and kurdish troops retook a dam in northern iraq. Gaza and Palestinian Militants have extended their truce. Dollar general bid 9. 7 billion for Family Dollar. You have a 14year high for nasdaq, and a rally in the s p 500 that took it to within a percentage point of an all time high. Heres how the stocks finished their day at the highs, by the way. The dow up 1 , adding 175 points. Disney and home depot, all time highs for those two. Nasdaq ended at its highest close since march of 2000. And the s p 500 was up 16. Crude oil down 94 cents. It settled at 96. 41. Lowest level in seven months on easing tensions in iraq. And news that libya has increased production. Falling price of oil helped lift airline stocks, including united, continental, american, d