Not doing the best that they can for their customer. So those instances often will be something where they may have recommended to the customer a security that is really not suitable for the customers financial condition. Or that they said something that wasnt accurate or was misleading about the security and trying to get the investor to put their assets into that product. When you are watching Late Night Television at 2 00 in the morning you see investment products, might some of those be included in the brokers and things that you oversee . They might. So we have a pretty strict set of rules about how brokers advertise. The really, really bad products if you looked at them closely you would find they are not securities. The ones where they say guaranteed 10 return. Brokers are not allowed to say there is a guaranteed return and not allowed to project the return. When i see these in a local newspaper i look closely and see it turns out it is not a prod t product. If brokers were to d
Behind it hurricane julio could arrive over the weekend. Food and water are flying off the shelves at local stores. If its really that bad, i just fear its going to take down our house. Hundreds more oregon residents of our their homes. The wildfire racing along the Columbia River gorge. Its scary. The centers for Disease Control issued their highest level alert for the ebola crisis in africa. The president of liberia declares a state of emergency because of the number of ebola deaths. The prosecution is summing up its case against Oscar Pistorius. In an attempt to tailor his version, he tangled himself into a web. Russia announcing a ban on food imports from the United States australia canada the e. U. As well as norway to counter western sanctions. If you look at projections for russian growth what youre seeing is that the economy has ground to a halt. Edward snowden will get to remain in russia for three more years. A lawyer for the nsa leaker says his request has been granted. Bank
River lost power after takeoff. From baghdad to berlin, a Film Festival in the german capitol. We begin with a new diplomatic push to slash conflict in ukraine. Angela merkels promised to use all her power to get president putin to sign a new peace plan after meeting with president poroshenko. Civilians in donetsk are bearing the brunt of the conflict. Following all the diplomatic angles, weve got chancellor merkel appearing that pour cold water on this, saying she doesnt know if it will be possible to even get a ceasefire. President hollande more upbeat saying more than a ceasefire he wants a comprehensive peace agreement. What sort of reception will they receive . Theyll receive reception from value put in which he will most likely present his idea of what he thinks should be done on the ground in ukraine. We know from john kerry he revealed yesterday that he sent a proposal to the european leaders a few days ago. Theyve been looking at it, theyve been thinking it over and they have
I am Erik Schatzker. And i am stephanie ruhle. Did you watch . I did. And . What a terrible way to end a game first of all. An amazing way to end a game. Nobody should win or lose like that. The point is they won the game. A terrible call. In any case, i was also bummed out by some of the advertisements. I was bummed out but i enjoyed like a girl so much, who gives a hoot about nationwide. Real news, breaking, on the state of manufacturing in this company. Scarlet fu is in the newsroom ifm headlines. Manufacturing in the u. S. Grew at the slowest pace in a year. The Manufacturing Index posted a bigger than expected drop. 53. 5. The consensus was for to climb slightly, 54. 5 from a read of 55. 1. I was revised lower than what it had earlier been reported. Construction spending also smaller than expected increase as well. A gain of 4 10 of 1 when economists were looking for increases of. 7 . Added all up in terms of markets, u. S. Stocks are at the loews for their session. They opened hi
Now well get to business at hand this morning. If youre just waking up lets get you up to speed on the markets and whats going on in the futures. Looks like a little bit of a mixed morning. The dow might open slightly higher. Nasdaq would open marginally off and the s p well call it across the board. Well see how things play out this morning. Joe. It used to be mostly new york social sociallights wasnt it . Five years ago it became very strange that it became sort of a moment. Its almost like the white house correspondence dinner. Its for not nerds. For real celebrities. For actual celebrities. Very few cross overs for the two i would think. Probably a hand full. Maybe a hand full. Other big stories were watching today a packed earnings count are among the names set to post results today before the bell. Disney archer daniels, discovery, kellogg and bloomg brands and disney moving its release up to 8 00 eastern. So executives can attend a Memorial Service for survey monkey ceo who died