With their analyst colleagues i think theyre overdoing negativity. I like the ceo paul raines and how hes diversified are from being a onetrick pony. Im looking for reasons to buy, not sell. Gamestop will be something i will talk about on my morning show, squawk on the street and tell you what i think you should do. Tyson foods. Doing a makeover. Becoming more of a full line food company, not just a chicken purveyor. Less of a commodity company. The last quarter didnt fit that native and the stock crushed. Can this be different . If it does well, remove it from the penalty box where the company belongs for that last quarter. Also from one of the most Controversial Companies in the market now. Heres a big phrma company in the cross hairs thought to have paid too much for quest corps. One drug, acthar, the drugs value and its ability to be reimbursed by the big health insurers. In the press for raising prices on drugs beyond what many consider reasonable. If the company quits itself on t
Labor Participation Rate that is 12 points lower than britains. Add it up, please. Theyre not working very well, are they . Ive got one more headline for you. The saudis want to bomb, and theyve got the money to buy one. Friday were about to begin. You know, i think we can have either trup he wants or drum roll or something because it is friday. Will you please look at that. The dow industrial is up 260 points. The gallery here, it was at best an immediate mediocre jobs report, is there any chance that the Interest Rates will rise next month . I doubt it and thats the key reason why the do you is up 258 points, i thought we were on organic local farmed food, yet the Fried Chicken trade starts trading on the nasdaq and its up 20 29 . At 24 dont forget the biscuits everybody. Fried chicken. Now take a look at shake shack. Now, the reason we bring this on for you is that yesterday that i can shack took a huge tump as that chart shows you. Why . Because they were selling 1,000 times future
Good morning, everybody. You are watching the pulse. Francine a big move at the top of a major bank. Credit suisse has named a new ceo. Guy hans nichols joins us from berlin. It is an interesting choice. Why do you think him . Hans you probably have to go with share price. Credit suisse is down 18 on the year. In terms of strategy, they may want an entirely new look, a fresh take on what is happening at Credit Suisse. Brady dougan had a reform process, but it was implemented fairly slowly. He was the last man standing but it was not yielding results. There were questions about how much litigation costs there would be. He did settle the claim about tax evasion. But there are other claims out there. How are you going to settle them . The new ceo has a close relationship with jack lew. Having a Good Relationship with washington may be something the shareholders wanted. They may have just looked at the share price of their Respective Companies and thought, we need a change, here is a stron
Producer reports earnings just a week after it has sold its north sea business. Will economic sanctions way on its bottom line . We bring you those numbers in just a moment. Welcome to countdown. I mark barton. And i am anna edwards. Also, we will speak to greg keeler. Breaking numbers from rwe. Lets bring those to you. We have some fairly good guidance in terms of how the numbers of 2014 were going to shake up. Not surprisingly, they are somewhat in line with estimates. Net income has come in at 1. 28 billion euros. That is exactly in line with estimates. A little higher up the profitlost account, that is 1. 73 billion euros, nicely ahead and estimate of 1. 659 billion euros. Because of what is happening to energy prices, just last week, they sold their north sea business. They sold it for just over 5 billion euros, trying to mitigate the Falling Energy prices as they go. Concern from the u. K. Government about how the sanction environment against russia might impact on the north sea
Economic sanctions look unlikely. They are saying the issue is not just a lack of consensus. So far, the only consensus has been avoiding the topic altogether. Thank you. We will have more throughout the day. We are watching retailers. 2013 as a great year. The chairman is saying that there is an increase in profit now. It is a 130yearold rival. Say that this recovery is it no way certain. Investors have been betting big, though. Is going up 1. 2 . They had a fantastic 2013. We are getting some news. We think it is breaking news. We have more complete news. Australia is now sending surveillance claims to see if objects in the ocean along to a missing passenger jet. We will keep on top of that news and the press conference in 1. 5 hours. We have a lot of components. We have Corporate News and janet yellen. We have a stress test today. What else are we watching. The focus is on the Federal Reserve. There are surprises. Lets see how it is impacting europe overnight. You see the nikkei goi