Sometimes people have a difficult time doing that but a few months ago the premiere said he didnt want to see a devaluing at all this year. Now down by 44 points. S p futures off by 4. 5 and nasdaq down by 10. Cac is off by one third of a percent. It didnt beat forecast reven revenue above projections. There was a 3. 5 jump and the Home Improvement retailer raising its fiscal 2015 sales and Earnings Guidance. Brian joins us in a few minutes to weigh in on the latest results but u. S. Comps were strong as well. Up almost 6 . The company has now had beaten 11 quarters in a row. So it was widely expected it was going to be a 12th and thats exactly what happened. Shares of home depot down. Pretty good run for the stock as well this year. Based on the housing data weve seen lately including yesterday, this was widely expected to be another beat quarter. As you mention, theyre giving good guidance for the year. They see same store sales up 4. 1 to 4. 9 for the year. Thats what theyre expecti
Their annual retreat, hershey pennsylvania. They will talk about priorities for the upcoming year. The north dakota senator john hoeven talked about some areas of possible compromise. We need to pass a sixyear highway bill. I think we will get that done. That is huge for america. Tax reform, absolute priority. Everyone wants to do it. I think it is doable. Good for jobs and the middle class. House and Senate Republicans have frequently found themselves at odds in various issues. The chinese uber competitor has just raised 600 million in funding. The round was led by softbank. It is now valued at 2 billion. Is this the end of the road for radioshack . Shares down about 24 after reports the company may have to file for bankruptcy as soon as next month. Radioshack has posted a loss for 11 straight quarters. In china, xaomi is known for one thing, cheap phones. Now the chinese upstart is jumping into the higher end market, taking direct aim at samsung and apple. It Just Announced its bigge
The side. Mornings on 2 starts now. Exactly 7 00. These are live pictures from berkeley, where police are investigating a deadly shooting. One man was killed. A woman is in the hospital. Coming up in two minutes, ktvus alex savidge will have more on the possible link this has to medical marijuana. Good morning. Im tori campbell. Its tuesday, december 30th. Good morning. Im dave clark. Lets talk about weather and traffic. The cold is getting in my throat. Its arriving. It is arriving. The ac should kick on in a second. Right. We do have cold air. The cold air arrives around noon to 6 00. It will be a cold and windy day. If it wasnt for the breeze, a lot of these temperature would be colder. Walnut creek, higherrervation, 31. 35 concord. There is a lot of 40s here. But again, that breeze is really kind of the key here. 25 now gusting 35 at fairfield. There you go. Napa, 15. Santa rosa, thats the direction the wind is coming from right out of the due north. Its beginning to pick up, Highe
Ceo tim cook has said i realize how much i realize how much ive benefited from the sacrifice of others. If i can bring comfort to anyone who feels alone or inspire people to insist on the quality, it is worth the tradeoff with my own privacy. You can read all of tim cooks remarks in the new issue of Bloomberg Businessweek, on stands now. We have got much more. The dollar against most major currencies a day after the fed closes its door on easy money. The Bond Buying Program is designed to boost the economy. Janet yellen and crew decided the economy did not need as much help. Still, theyve committed to keeping Interest Rates low for a considerable time. President obama says that quarantines and travel bans. This part of ebola. Wont stop the spread of ebola. Until we stop this outbreak in west africa, we may continue to see individual cases in america in the weeks and months ahead, because that is the nature of todays world. We cannot hermetically seal ourselves off. Showdown in maine be
Leader eric cantor, whose opponent painted him as proamnesty for illegal immigrants. On Student Loans, the president expanding an incomebased repayment prom that only helps the poorest borrowers living on the edge. Senator warrens bill that woo have helped millions more refinance student loan debt, that was defeated. And now, iraq violence flaring, oil prices climbing. America has spent 15 billion on training, weapons and equipment in iraq. A terror group now controls huge swaths of that country. 100 miles from baghdad. Whats the president doing . Taking a nap. The president s economic agenda is in jeopardy but the administration is not backing down. What education secretary arne duncan told me when i pressed him on immigration reform. We absolutely have to get this done and this should be a bipartisan issue about strengthening the country, strengthening the economy, moving people from the shad ohs into the mainstream and helping them become productive citizens. As an educator, you see