Years. Companies are showering cash on shareholders. S p 500 companies bought back more than 128 billion of their own shares in the third quarter. Thats the highest level since the Fourth Quarter back in 2007. If you combine buybackes and dividends, you get a total of 207 billion. Thats just in the third quarter. Take a look at the futures right now and see how markets are setting themselves up for the morning. We have some green arrows again. The dow looking like it would open up about 30 points higher, nasdaq looking like it would open higher. We have more on the markets in just a few minutes. But before we do that, Michelle Caruso cabrera has some of the morning headlines. I love the shirt, andrew. Thank you. Its terrific. I will take that. In corporate news, disney is reducing bob igers pay. Disneys strong results didnt outperform igers target by the same extraordinary amount in 2012. In other company news, the company has named jack dorsey a cofounder. Shares of disney are up this
A great indication of how the market is doing, the Broader Market and it hit a record alltime high today of 1741. That is great news up 42 this year, 2013. What a nice run for the s p 500. Many names within it outperforming the overall market. Right now the Dow Jones Industrials up 8 points. As i mentioned, names hitting record, also take a look at google which impress investors as it crossed the 1000 mark. It is pretty fun to watch across that level earlier this morning. Trading at an alltime high of 1007 and change. That is a great run therefore google which has had a wonderful run year to date. Overall the market is looking pretty good, other names that have been hitting some highs, chipotle Mexican Grill. Overall a winning day as we wrap it up. Next week the first of our jobs report. Now that the government is open again, we can get those pieces of information, key information. Back to you. Lori debuting 85 per share now over 1000. How times have changed. The s p 500 as we are repo
Today. I am sorry, session highs for the s p 500. I got excited. With that being said, you have the up arrows. The s p 500 up one third of 1 at the moment. Lets talk about why we are seeing some of this optimism. Lets take a look at ford. A new 52 week high. They came out with some good numbers. Raising guidance Going Forward. That is good news. Back to you. Adam thank you. Lori one of the contractors behind the obamacare website says the website is being fixed and will be ready in time for january 1. Richardson joins us with the very latest. They will not say exactly when this will be fixed. They did not have enough time to test it. There is just too many people logging on to the exchange and that is the root of the problem. There are thousands of website that handle volume far larger than what healthcare. Gov was faced with. Surely the website was designed to handle more than 2000 users. They are not responsible for what i call the front door. Rich this hearing is about four hours ol
Twitter hopes to raise up to 1. 6 billion in its ipo next month. The stock may price around 17 to 20 per share. Reports says wells fargo is prepared to give a late fee break to homeowners who missed the deadline on their mortgage payments due to the government shutdown. Scott shellady of trean joins us now. Hes had a chance to dissect whats going on with earnings and amazon and microsoft. Good morning to you. Good morning. They came out last night and what a story for american ingenuity. We had microsoft and the announcement of ballmer leaving, the purchase of nokia. They beat both on top line revenue and earnings per sharefantastic. Then we take a look at amazon. More good news. Theyre competing with the likes of peapod and the door to door grocers, theyre competing with netflix and they beat on both earnings per share and top line revenues. So these are things we like to see. Those two stocks should give a bid to the market this morning. I know one of them 36 higher amazon already on
Quarter gdp. Also up today, a lineup of heavy hitters on the closing bell. We have exclusive interviews with paul jacobs rob sands. Have you seen what constellation stock is doing today . Jumping. And we have commerce secretary penny prits zer and john legere. We will get get the real story. He was escorted out of an at t story. He says he was there to see the musical act. He loves macklemore. Sure he does. Microsoft taking a hit today. Allen mullally is taking himself out of the running to fill the ceo role at microsoft. Microsoft announcing it will now be february at the earliest when they announce who is going to be the new ceo. Who are the likely candidates and who is wall street rooting for . We have an in depth look at that very important story coming up in a little while. Were keeping a close eye on market this is hour as we head towards as were into the final hour of trading with the dow down 82 points. Thats half of 1 . We have the nasdaq actually the outperformer today. Only