Hello everyone. Im glad to see all of you here tonight. What an impressive audience we are hosting to hear worldrenowned authority on the serious topic that affects all of us to matter what industry you are in, cyber crime. I am barry moskowitz. Before introducing our speaker i would like to invite our moderator. He anchors for National News channels in new york. Prior to the current broadcast television she worked for Deutsche Bank cibc and ernst young. She is a cpa and a graduate of Harvard Business school. Welcome. Now our featured speaker for the evening mr. Marc goodman. Marc is a global strategist author and consultant focused on the disruptive impact of advancing technologies on security, business and international affairs. In addition marc founded the future Crimes Institute to inspire and educate others on the security and risk implications of newly emerging technologies. Since 1999 mark his work extensively with enter poll where he is a Senior Adviser to the Steering Committe
It starts with a mixed quarter for hewlettpackard. Hw Ceo Meg Whitman will join us exclusively in a few moments. Weve got gap, foot locker aeropostal and ross stores. Jim will weigh in on all of those. Uber reportedly seeking a 1 million loan from a series of banks. Perhaps it means an ipo not that far away. Hewlettpackard reporting Quarterly Earnings above expectations. Revenues were shy of consensus. The company gave us more insight into the upcoming separation which will cost billions, but will result in a good amount of cost savings. Well talk to hp Ceo Meg Whitman in a few minutes. I would love to get your take on this stock. Last quarter suffered from the dollar. That continues to be the case. A muted reaction in the market to these numbers this time. I saw a lot of negatives. Really declines in a lot of businesses. People are saying im giving them a pass because this is not what the company is going to look like. There will be a lot of layoffs. A lot of charges up front. Maybe t
No matter what industry youre in. Cybercrime. Im barrie moskowitz, an officer of the Harvard Business school club of new york. Before introducing our speaker would like to introduce our moderate, chitra nawbatt. Chitra anchors for National News channel in the york. Prior to her career in broadcast television, chitra worked at the Deutsche Bank the ibc and ernst young. She is a cpa and a graduate of Harvard Business school. Welcome, chitra. Spin and now a featured speaker for the evening, mr. Marc goodman. Marc is a global strategist and author and consultant focus on the disruptive impact of advancing technologies on security, business and international affairs. In addition marc found a future Crimes Institute to inspire and educate others on the security and risk implications of newly emerging technologies. Since 1999 marc is worked extensively with interpol where he is a Senior Adviser to the Steering Committee on Information Technology crimes. In this capacity marc has Trained Polic
Partys big defeat in recent state polls. Plus, its a virtual Winter Wonderland in the northeastern u. S. Major storm dumping up to two feet of snow in some areas causing a travel nightmare for drivers and airlines. Announcer youre watching cnbc world news, bringing you Business News from around the globe. A warm welcome to worldwide exchange. Its january 3rd. Advancers outpacing decliners. Trending around the flat line, just above it as you can see. The ftse 100 today is flat, just down three points. Nationwide saying weve seen the biggest monthly jump in over four years last month, a 1. 4 surge in house prices in december means the average price of a home was 8. 2 higher in 2013 than in 2012. The xetra dax is up 0. 11 . The cac 40 up 0. 25 and the ftse mib up 0. 5 . Next, up 9 on the stock today. Sales up 11. 9 from the november to december period, significantly ahead of the guidance that the retailer gave in december. The firm upped its forecast range to 684 to 700 million pounds. Te
Performance that its seen in about two months. Energy and Technology Companies led the decline, many of 2013s strongest performers were down for the day. If youre taking a look this morning, youll see equities are indicated higher. Dow futures up by 26 points above fair value. S p up by close to two points. Oil looks to be a major market story. Yesterday there was a late day swoon triggered by the death cross. Thats when something you see the 50day average moving below the 200 day moving average. Its viewed as a bearish sign and you did see a big selloff. We saw wti crude falling all the way back down to 95 and change. This morning on, it is still down there, down another 17 cents to 95. 27. Had been close to 100 a barrel before. Also worth watching today, the 10 30 eastern report on natural gas inventories. Then we have the latest oil decline coming about a half hour later. On the economic agenda, we have the major automakers reporting. The number of vehicles that they sold in decembe