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Transcripts For CNBC Squawk On The Street 20130815

Setting up for pretty nasty open. At least if youre long at this point. Look at the tenyear. Thats become an important oh, its always important but its become perhaps important again to whats going on in terms of trading and the view of the overall equity markets rising to twoyear highs after weekly jobless claims fell to levels not seen since october of 07. Yes that is a good thing. In fact, you could argue thats even a good thing, too. Lets get to the road map. It starts with the major indices in the red. Investors wondering whether we were in taper territory as two dow components red on the market. One is walmart. Shares rolling back today after the retail giant cuts the fullyear forecast citing tightened Consumer Spending and payroll tax increase. Another dow component deep in the red today as well is going to be cisco. Company cutting 4,000 jobs despite an increase in profits that is sending the stock down sharply in premarket trading. And organic food maker annie is up 40 out per

From prison to film set, this program creates a new pipeline

From prison to film set, this program creates a new pipeline
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