Work today after last nights win. The road map goes like this, earnings beat for citi top and bottom line. Stocks up sharply as the Bank Announces its settlement with the government, 7 billion for, quote, egregious mismanagement. Far from the only deal news, well have more on mylan, for example, in a moment. Markets in the green on this monday. Goldman raising forecast for the s p, as we gear up for that busy week of Economic Data. Apple, barclays back on board ahead of iphone launch. Sees a weaker samsung and a stronger tim cook. First up, citi group, reporting Second Quarter operating profit, 1. 24. Revenues above consensus. Citi taking the charge of 3. 8 billion in q2 in connection with the companys 7 billion settlement with the doj regarding Mortgage Securities sold ahead of the 2008 financial crisis. Trading revenue down 15. Not as bad, jim, david, as some expected. No. This was in contrast to wells fargo, expectations were so high going into the quarter, there really was a lot of
Europe was up almost two percent. They also had good manufacturing data in europe. Take a look at oil. When you have a Strong Manufacturing sector, you have Strong Demand for energy. That is why oil is up . 85 today. At the yield on an 10 year, you might expect that the 10 year might be way up , but it is only up one basis point at 2. 88 . Notion ofis whole growth and tapering is already priced in. Click there you go. Julie hyman is keeping and i on the stocks ahead of the close. Be acquiredreed to for about six point 6 billion. It used to be part of hewlett packard. The chip company is getting a big on that news, 39 . A group is selling its jet leasing unit, International Finance lease corp. , two a abouty called air cap for 5 billion. There were some questions in the past because they originally agreed to sell it to a Chinese Group and then there were questions about whether the deal would get done. Now it has gotten done and those shares are up. Finally, twitter is going in the oppo
Olympics. Every four years, tens of thousands of taurus and hundreds of athletes and millions of viewers all unite in the swill in agony of international competition. Plus, how a whole city is grossly unprepared to execute these games. Whether it is engineering challenges, or protests of russias antigay laws, host cities, it is true, they have to go through some element of critique. He had of the International Olympic committee is putting his best foot forward. The sun keeps shining on the game and on the athlete. They will have the best conditions possible for great achievement here in sochi. Ok. The sun is shining on sochi. It she says things are going smoothly. You might want to actually check twitter. Followers of the sochi problem page, all those pictures of shoddy bathroom construction, yellow water, a grass keeper spraying grass green, you name it, there is something for it. One of the entries and shows mirrored ceilings in the hockey arena. Maybe it is a style of choice by inte
Host what do you mean by ill lotion of control . Guest personal finance starts in the 1930s as we know with porter, and its really in a way a spinoff of the selfhelp of the 1930s which are known for everything from, you know, the hard Economic Times of the 1930s, and you see everything from Alcoholics Anonymous develop in the 1930s to hills think and get rich to various social activist movements, you know, fascism and communism with an appeal of theres a whole fulcrum going on, and they developed personal finance out of this over a period of years with the goal to educate people so the Great Depression does not happen again. Its very much in a way of its time, and the idea that we can teach people skills, and if they learn the skills, well be okay. What goes on over time is personal finance slowly becomes severed from a greater extent of this, and theres less about the political backbone of it and always to be fair to porter for a good part of her career, a huge part of the thinking, a
Their vault. That is more than a half million bars of the stuff and by our cal klgzs, thats more than 300 billion worth of gold sitting below street level in lower manhattan. All of it is owned by either the u. S. Government, foreign governments or the feds fellow central banks, none by the fed itself. By the way, storage is free, but you have to pay to move your gold in and out. So, well send you a bill, germany. Thanks to all of you for being part of my program this week. Ill see you next week. Stay tuned for reliable sources. From the moment Hillary Clinton and barack obama sat down for that love fest on 60 minutes she has been on an allout media blitz with some folks practically begging her to run in 2016. If in the course of the next couple of years it appears, as it does appear right now, that you might be the person who could actually break through that Glass Ceiling and become the first female president of this country. Would you feel a certain obligation to seize that mantle .