Away either. And we have Jana Katsuyama with how the sale will affect shoppers and grocers. Reporter i reached a safeway spokeswoman, she said at this point theres no decision on what to do with the pleasanton offices. Thats the corporate offices. Thats where most likely there could be lay offs to eliminate duplication. Here at the stores ive been hearing a lot of complaints from both customers and workers. Johnson likes convenience and low costs. I like the deals that i get from safeway. You know you come and you know if youre a club member you get the coupon deals and you know you get a better bank for your buck. Reporter safeway operates 1,345 stores in 20 states. That would greatly add to albertsons 1,074 stores in 21 states. The merger would result in a wider range of items, lower prices, wider range products. It was detrimental to our stores. We dont want to see that repeated at safeway. Reporter now theres questions of what to do with its rewards program. They keep the program h
Meeting. New gdt shows the u. S. Economy slowed on an annual basis in the Second Quarter. Okay. Welcome to the program. Plenty to get through today. Plenty to talk about. Coming up on todays program, indias biggest private bank reports. Find out if the financial giant is weathering economic head winds in its home market. Well be in mumbai. With the countdown to the feds decision under way, well hear from one gold bull who says ongoing qe could support the precious metal. J. J. Burn will join us from the states. And gdp growth, fred hawkman will be with us 11 40 cet. French carmaker peugeot, well have expert analysis from paris at 9 45. All of that coming up. Well start off with earnings. Bnp paribas slipped by 4. 7 from a year ago. The drop smaller than expected. Stock is flat in paris. Lets get more on that. Stephane is with us, hes been speaking to the ceo. Stephane. Good signal for the earnings season in france. Bnp, the first bank to report for the quarter. Expectations 1. 8 billio
Of 2013. Well show you how you can cash in today. Im happy to be back from washington. Im happy sue herera is at the center of the action im just a happy guy, sue. Im glad to have you back, too. It happened just before noon. Once again the markets tanking, a steep dive after discouraging words from washington on the state of the fiscal cliff. This time it was House Speaker boehner speaking with reporters after meeting with treasury secretary tim geithner. Eamon javers is in washington with the latest. Eamon, the sentiment down here is these guys should stop talking and start crafting a deal. Reporter thats the sentiment here in the hallways of capitol hill as well, sue. I can tell you that. We are starting to get a little more clarity on whats going on here today. I just had the chance just a few moments ago to buttonhole senator harry reid here in the hallway, asking him a very specific question. I said did treasury secretary tim geithner come up here with a new specific offer for rep
Area open up last night including walmart, target and kmart. Some of the stores a got a taste of the nationwide protests. Last night doors opened up and about 30 activists gathered to protect the early openings. Security guards were stationed outside and most of last night protesters were not wal marts employees. Protest are scheduled to take place at walmart and fairfield best target Stores Opened up their doors and people were waiting in line to get their eyes on i pipes that were on sale for 149. The clone must target even handed out special coupons and energy bars to those who waited line action along. Some shoppers stated said they plan to stay at target until the close at 11 00 p. M. It was the same story in union city where hundreds of shoppers also gathered at best buy. Unless i opened its doors at midnight for shoppers to get their hands on Electronics Like ipad, tvs, movies, cameras and more. Some people waited in line for days missing thanksgiving with their families. Heres
Earlier in the show, we asked you to weigh in on some of the fights we were having for example on home depot and decide whether or not the bull or the bear won. Well, weve actually tallied the results and you said guy, our home depot bull, made the better argument. Well done. It is time now for the final trade, though, so, lets go arne the horn. Mike . Boeing is obviously showing a lot of strength here in the face of all the bad news. Im going to cover the puts i bought to hedge that. Dan . Im going to add to some intext shorts. General mills. Karen . I like staples. And keith, lucky last. I like housing. The back door way is through the lawn mowers. Brings and stratton. Bgg. Long. Im mandy drury. Have a great night, herb. Mad money with jim cramer begins right now. A bull market somewhere and i promise. Mad money, you cant afford to miss it. Hey, i am kramer. Welcome to mad money. Welcome. Trying to make friends, i try to make you money. My job is not to entertain but teach, educate a