All right. Were back. Hello, welcome to Worldwide Exchange. Im ross westgate. And im kelly evans. These are your headlines from around the world. Heavy metal profits brings the first u. S. Company out of the gate with earnings season. But results will continue to be pressured by weak demand. Samsung electronics operates a fifth straight quarter, but sales flip. And government is on track for the austerity measures as Angela Merkel gives up for election. And aig just finished off paying off its massive bailout, but the company is now weighing on whether to sue the u. S. Government over that very rescue. Now 2013. Its been so long. How long has it been . Months. Better make the most of it, though. Two days. Yeah. Two days. Then its onward. Anyway, look, were here. I still dont know what time zone and country im in. There was snow, right . There was. It was beautiful. On todays show, we hone in on samsung in seoul. Im all frufterred because youre back. The electronic giant will expand its
Event in brazil, the world cup. And iconic italian team thinks about a sale. The big business. Hiring freeze. Tomorrows jobs report looks like it could be awful. Why jack frost might be the most important player in the American Labor market. Good morning, thursday in new york city. You are watching Market Makers, i am Erik Schatzker. I am Stephanie Ruhle, jack frost i hate you. Out there. Were going to take you to the newsfeed. Top business stories around the world. The u. S. Imposing some sanctions in the wake of russia s oteri moves in ukraine. The Obama Administration issued bans on individuals threatening ukraines sovereignty. Ares of costco following, posting a quarterly profit that missed estimates. Costco cut prices to attract shoppers and that hurt. Being cuts coming at staples, the Worlds Largest Office Supply chain plans to close stores in north america. Staples faces competition from retailers such as amazon. Usa might be off the trading block. The ceo of Deutsche Telekom to
Have a great weekend. Squawk on the street begins right now. Good friday morning. Welcome to squawk on the street. Were live from the new york stock exchange. Im melissa lee, along with jim cramer and scott wapner. Lets take a look at how were setting up on the u. S. Futures. Its all about the jobs reports for the month of december, a weaker than expected report. Take a look at this, the markets looking at the s p up by three points, the Dow Jones Industrial average looking at about 1. 5 here. In europe, it was really about the fomc minutes yesterday. It looks like a mixed bag, which is marginal changes across the board. The latest snapshot of the economy, 155,000 nonform jobs added in the month of december, with the Unemployment Rate at 7. 8 below consensus. With warmer than normal temps and impact of sandy being felt, how good of a read is this . Goldman sachs upgrades for citi, conviction buy list, stronger bakes have fewer levers to pull in this tough environment. Retail movers, ta
Under house arrest. Fears of political metaling spooking investors. Sony slashes its guidance against. The ceo is due to give a press conference any minute now. Happy wednesday, everyone. Im seema mody. Coming up on todays show, the pressure piles up for the nfl after its sponsor budweiser says its concerned surrounding a number of incidents surrounding its players. And fedexs tells us why he thinks the stock will outperform in the next year. Our favorite moment from friends as the tv sitcom celebrates its 20th year anniversary. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And one day left until scotland votes. Who would have thought four weeks ago that markets globally would be so focused on scotland . Youre absolutely right. But you know what . I think weve seen the worst of the jitters. Over the last two or three days, especially now that weve got so many in the camp, markets have been more or less sanguin about what could be happeni
Im going to take advantage of it, because im trying to make some money around here. After an amazing week but a homum day with the dow drop pig and the nasdaq gaining 2. 2 , i want to talk to you about two buy dips. Google and ibm. Now you might think im sticking my neck out, but i am saying im doing is introducing a notion of longterm opportunity. And its not a copout. First off, we know google and ibm both disappointed people last night. We know that because they went down after earnings, its undeniable. And a stock that goes up after a good report is a good stock. And a stock that goes down after a bad report is a bad one. In other words, people were expecting an upside surprise simply got it wrong. In the world of trading, you buy a stock for catalyst. You get the catalyst, you sell no matter what, good or bad. Thats what trading is all about. Thats called discipline. Have you the discipline to recognize you bought something for a trade and it just didnt pan out. But investing is w