Whether a disaster can still be avoided. Would you sublet your name for an entire year . A bidding war breaks out for the right to one mans name. He is here to explain his bold idea and how he is cashing in. Even when they say its not it is always about money melissa first let egg look at the days market headlines. Concern over the fiscal cliff bleeding into the u. S. Manufacturing sector. Factory activity in november declined for the first time in three months. The news weighted down stocks helping shed 59 points off the dow. The Raw Materials sector hit hard by the contraction in manufacturing. Shares of dupont were the biggest loser closing down 2 . Dell getting golden endorsement from Goldman Sachs today. The Investment Bank upgraded the struggling computermaker saying the stock has been oversold. The dell shares rose by 4 over that news. To our top story tonight, Speaker Boehner and House Republicans are rolling out their fiscal cliff counteroffer to the white house. Includes 800
Theres work and it is not a skills gap. Well show you what else is being factored in to that equation. And no fair, perhaps . Well, a big change at big blue. Ibm changing the way it pays down its 401 k . Will other Companies Follow suit . Tyler mathisen, my partner, who is always fair, always working, and is always a work in progress, according to this, is at new york stock exchange. Hi, ty. I am the ultimate work in progress. Thank you very much. Despite the assessment from the speaker of the house on the fiscal cliff, the fact he says there is no progress being made so far, the dow sort of playing past it. Right now the industrials up by 46 points at 13,120 and change. Apple is part of the nasdaq. Apple down 14 a share. Another 2. 66 today as scott mentioned a moment ago, 50 billion in market value shaved off of apple this week alone. Lets begin with those comments just 24 days to go until america confronts the fiscal cliff. House Speaker Boehner coming out earlier today and saying n
Whether a disaster can still be avoided. Would you sublet your name for an entire year . A bidding war breaks t for e right to one mans name. He is here to explain his bold idea and how he is cashing in. Even when they say its not it is always about money melissa first let egg look at the days market headlines. Concern over the fiscal cliff bleeding into the u. S. Manufacturing sector. Factory activity in november declined for the first time in three months. The news weighted down stocks helping shed 59 points off the dow the Raw Materials sector hit hard by the contraction in manufacturing. Shares of dupont were the biggest loser closing down 2 . Dell getting golden endorsement from Goldman Sachs today. The Investment Bank upgraded the strugglining computermaker saying the stk has been ovso. The dell shares rose by 4 overhat news. To ourtop story tonight, Speaker Boehner and House Republicans are rolling out eir fiscal cliff counteroffer to the white house. Includes 800 billio in new
Day, and, no, we do not have a fix for the fiscal cliff. Guess what, the numbers also reflect that. Lets take a look at how a day on wall street, looks like the dow is down marginally, 24 points to the downside and the nasdaq off by the biggest percentage loss, down by 22 points and the s p 500 is down by about seven points, and as i said it is crunch time. There are only three trading days left now for 2012 and still no deal to avoid going over the fiscal cliff. All signs are pointing to more talks for lawmakers to try to hash things out. Should wall street bet on a fix before january the 1st or is that Wishful Thinking . Lets find out. Lets speak to our guests. Welcome to all of you. Brian, where do you make of where were going right now . Youre the one that remains sort of neutral. Youre buying this market right now, arent you . Well, were pretty much staying put. Were recommending that our clients have a substantial allocation to equities. I mean, bear in mind, its been a pretty go
Thrilled to have ed aboard for i think youll be here for longer than an hour. Youll be here for the whole broadcast. As long as you need me. Youre like how long were you at you were at prudential. Its owned by prudential, so ive been at peru dontal for almost 15 years now. Widely quoted. You know who has made a comeback is ralph akampora. Ive seen him around. Do you remember his nickname . I dont. Whatever you think of him, hes a great guy. Hes a good guy. Ed is going to try to make us slightly be a little sensitive. Lets get you some some of the morning headlines. The biggest one being president obama planning to meet with congressional leaders at 3 00 p. M. Eastern time today in a last ditch effort to avoid the fiscal cliff. The House Majority leader eric cantor is now telling members to be prepared to work through january 2nd. Both sides still far apart, however, on taxes and spending cuts. Senate majority leader harry reid says prospects for a deal by monday are still unlikely. The