Blowout number out of manufacturing out of germany this morning. Twitter set to price tonight, begin trading tomorrow. Right behind us here at post nine. Tesla shares, theyre skidding today after vehicles delivered missed expectations. Earnings and revenues did come in ahead of consensus. Abercrombie and finch posting a seventh consecutive quarterly drop in guidance. Our guest says he knows who the next microsoft ceo will be. And twitter will expect it sell 70 million shares between 23 and 25 each. Tune in tomorrow for our special coverage of the wall street debut on twitter. It is above the fold today for usa today, retailers talking about going from 45 to 48. May i just say their coverage has been exemplary. Every article they have yesterday was terrific, today was terrific. You have to read usa today. Heres what worries me. A few weeks ago i sat here and i said this could be 20 billion. At that point it was 10, 12. People said youre crazy. When i went from being the high man to the
A 16month high, and gas prices up 11 days in a row. The road map begins with two days that are part of the old guard and the new leaders today, g. E. And honeywell trading higher after earnings beat expectations. On the opposite end, google and microsoft both missed slipping ahead of the open. And chipotle is spicing it up higher after beating the consensus, and detroit has become the biggest u. S. City to file for bankruptcy. We will get a live report from the ground in the motor city. Good morning, and good morning for the old industrials and g. E. Is rising in the market, and rising in the qe earnings 36 cents per share, and that cites big ticket Industrial Equipment and services orders. And honey well, helped by higher margins, jim, and to some degree, the margins are the story of the morning. You nailed it. One of the reasons i like General Electric because in every business the margins are improving and the water inf infrastructure had been the big, really big disappointment, and
Status among hedge funds for exceptionally high returns. Senior fox Business Correspondent has be watching this investigation. He has been reporting on this investigation. He called us back on july 10th. Listen to what he had to say right here on countdown to the closing bell. What we reported is hes probably not going to get a criminal case, but the civil case could be bad. From what i understand, my sources close to the commission, tell me this, that they are modeling a potential case against steve cohen based on the case against corzine. Thats failure to supervise. Cheryl all right. Again, charlie has been all over the story. He, in fact, just was on fox business on markets now two days ago saying the exact same thing, that basically that you would see this type of charge, this fcc charge on steve cohen, failure to supervise. Well get into this with charlie because he told me two days ago on markets now that this is the best last way, and the best chance that the fcc has basically t
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