Menu. You may be able to improve your health with discipline and a diet plan. Headlines from my radio cohost carol massar. Gap posted fourthquarter profits that exceeded estimates. It was partially thanks to deep discounts for the Holiday Shopping season. They fell to 4 billion. We had some results after the close of trading. Fourthquarter earnings at the auction house sothebys rose slightly. It has been a busy day for sothebys. Hedge fund manager dan lowe is seeking to add three members to the board. He is the largest owner of sothebys. Wells fargo plans to eliminate some jobs. The reductions at wells fargo, americas largest home lender, would come on top of cuts already made in january. Those are your top headlines at this hour. Thank you very much, carol massar. We have gotten the Financial Results from names such as best buy, jcpenney, macys, sears. Craig johnson has a look. He is the president at consumer growth partners. He has more than two decades of experience. Lets start off
Maybe after chicken, you want something from the nutrisystem menu. You may be able to improve your health with discipline and a diet client. Headlines from my radio cohost carol massar. Gap posted fourthquarter rockets that exceeded as the mets. It was partially thanks to deep discounts or in the Holiday Shopping season. They fell to 4 billion. We had some results after the close of trading. Fourthquarter earnings at the auction house sothebys rose slightly. It has been a busy day for sothebys. Hedge fund manager dan lowe is seeking to add three members to the board. He is the largest owner of sothebvys eliminateo plans to some jobs. He reductions at wells fargo, americas largest home lender, would come on top of cuts already made in january. Those are your top headlines at this hour. Thank you very much, carol massar. We have gotten the Financial Results from names such as a buy, jcpenney, macys, sears. Look. Johnson has a he is the president at consumer growth workers. He has more th
The latest legal battle between amppple and samsung begs today. A federal jury awarded apple about 1 billion earlier this year, but the judge tossed out 400 million in damages and ordered a new jury to recalculate damages for 13 samsung products that have been found to be infringing apples patent. In other technology news, the wall street journal reports that googles motorola unit is expected to unveil a low cost phone tomorrow. The announcement is said to come amid weak sales. Right now, lets get to the latest from typhoon haiyan. Sri joins us this morning from manila. We know the situation is dire. We wonder if theres any better insight that you can give us right now. Well, what i can tell you is that the relief operation is continuing. Its under way. But the distribution of goods and essential services, essential relief supplies, food, water and medical equipment is painfully and agonizingly slow. And thats leading to a lot of frustration, anxiety, and anger on the ground among the
Obligations and the full faith and credit of the United States cannot be called into question. Among the catalyst, there was expectation that the fed could taper sooner than expected. Today, andre pinalto will speak at 8 45. Fed chairman ben bernanke will appear tonight at 7 00 p. M. The treasury auction of 43 billion in tenyear notes could be a key thing to watch for the markets today. If you take a look, the yield on the tenyear, 2. 76 . It has picked up steadily since fridays jobs reports. But that treasury auction is set for 1 00 p. M. Were watching oil prices and api will be releasing its latest Inventory Data this afternoon. Appeared rue, right now, over to you. Can you do that little electric dance for us . I dont know im not sure why we were playing eye its electric but you cant help but get that awful dance out of your head. Anybody that has been to a wedding in the last 15 years has seen that. Weddings, anyway, we have some Corporate News to get you caught up on this morning.
Red across the board on some weak u. K. Cpi. Respectively sitting at or around new highs, the nikkei logging its best gain in two months. Apple puts ice new ipad retina on the market. And walmart steps up the competition. Another record close for the dow. The s p finishing just a fraction high of the alltime high. The nikkei closes at a high. And up say, jim, the dips are bought again and again and they are. A lot of times its just the intra day dip. Something might happen, a piece of data comes out and people say this is my chance. Theres a classic downgrade today of fedex. Fedex has been on fire. That deal with amazon and the post office, that is bad for fedex. Watch that stock. That will be the tell. It will go down a little and then buyers come in. Buyers cannot resist the transports. The downgrade of fedex to a market perform, they raise their price target from 136 to 117. They dont even mention the amazon ups deal. They say the value is outpacing demand i say thats convincing, i