Fu. The numbers i am looking at here, in addition to earnings per share, if the efficiency ratio, a weight of measure cost at the percentage of revenue. Most like wells fargo disappointed. The ratio for the quarter of 59 , higher than what it wanted to be. You wanted to be a lower number. The company forecasted it would be in the range of 59 . Certainly a higherend of what had and his edit. Wells fargo is the biggest Mortgage Originator in the United States and is heavily tilt the tour that. Whatever market share trend that indicates would be indicative. In terms of other numbers, the average loans up about 4 in the Fourth Quarter and net income for the time in terms of how it is trading we see shares trading lower given it to ms. Earlier this morning. It is higher than yesterday positive close. I will continue to go through the numbers. Right now, 102 is right in line. The efficiency ratio mrs. Thank you. I look at other top stories. A collapse in commodity today. It fell the most in
Crude oil does figure very prominently into the movements of our market. As you can see, wti down again. Not a great deal but down again this morning. As for the tenyear note yield hovering around amazingly enough that 2 level. That is exactly where we find ourselves at weekend. The first full trading week of 2015. We are going to have more on the jobs report in a moment. Our road map starts with continuing terror in paris. Multiple hostage situations unfolding. We are going to bring you the latest details throughout the show. Here at home the december jobs report comes in above forecast. Well get the administrations reaction from labor secretary thomas perez. First on cnbc. Nelson peltz launches a proxy fight for four board seats. Jim and i both will have more on that impending battle. December jobs report shows nonfarm payrolls rose 252,000, above forecast that were around 240,000. Unemployment rate down to a 6 1 2 year low. It is now 5. 6 . Some of the decline reflected people leavi
Quarter mile visibility for san jose and halfmile for santa rosa, 2. 5 in napa. Throughout the Morning Hours with the cloud cover maybe a few light sprinkles and by the average we are hazy again. Temperatures seasonal. We will talk about some changes which include rain in the sevenday outlook. Thats coming up. Carolyn. Lisa, thank you. The longest closer in the histories of the Golden Gate Bridge continues this morning as workers install a new median barrier system. Take a live look right now at the bridge from the marin county side. The closer began at midnight friday. The span is scheduled to reopen in time for tomorrow mornings commute. I cant feel 7 News Reporter nick smith is with us from the Golden Gate Bridge with the latest. Good morning there. Good morning carolyn. I was wondering if i ran on to the middle of the highway there if you would see me from the marijuana bridge camera. But you know what . I thought the better side of me said just stand here. The sane behind me reads
The idea of free press is so important. Its absurd to ignore these events and not talk about them in class today. Reporter at the French American International school, copies of the newspaper were displayed and discussed in history class. They are probably among the most prominent cartoonists in france. So yes, very very shocking. Reporter many in the French Community are expected to pay their respects at the french consulate. Of course its difficult to be far away from our country but we know that here in america, we are with friends. Reporter carolyn tyler, abc 7 news. Cartoonists and journalists all around the world are using the hash tag i am charlie to show solidarity on social media. This is an image tweeted by a british blogger showing Charlie Brown with his head in his hands. The charlie in Charlie Hebdo refers to him. Hebdo was an abbreviation of the french word for weekly newspaper. A dutch political cartoonist tweeted this image of two pencils designed to reference the World
To life behind bars. And the central desert in east asia. A report coming. And looking at a possible new energy deal. Lucy its all about the dependency of energy and wanting to get a better deal and it sounds great. We will take a look at all the challenges and obstacle ss involved in getting all 28 countries on board. Its midday here in london. 7 00 a. M. In washington and the 00the oh 3 00 in doha where fifa has been defending plans to play the 2022 world cup in qatar. No compensation and no apologies. It looks likely the tournament will see its final on the 23rd of december. Fifa says despite what this means for disruption in domestic schedules, seven years notice is enough. Weve been hearing from fifa and as we mentioned the tone was defy and. I definitely do not think you should apologize. Why we should apologize to clubs where we fulfill our commitments with this interim program we have extended for the 2018 and 2022. We have an agreement with the clubs where they are part of the