Consumer discretionary stocks up the most. Utilities the biggest losers. And while individual trading sessions may have been choppy, it was another month of low volatility. The vix remained below 20 for the fourth consecutive month and thats the longest streak since february of 2007. A big part of the market story has obviously been a big topic dominating the sunday talk shows. Tim geithner arguing republicans need make the next move in negotiations. Republicans have said that they dont like those reforms or they would like to do more. And if thats true, then they should tell us what they would like as an alternative. Build on those, tell us how. But we cant react to anything until we see the details of the proposal and we need it on the rates and revenue side as well as on the spending side. Weve given them our best view what makes sense for the country. Meantime john boehner says that his party has a plan and he has already offered dozens of alternatives. You can cap deductions at a
Innovative ways to invest in america. Thats why were here today. But first, take a look at this market. Holy cow. Did it happen again . The Federal Reserve issues a statement, things get better, Interest Rates might have to go up early next year. Really scary. That statement of commonsense is in a sellmore panic. S p 500 declining. 6 prkt. This show is coming to you tonight from the starbucks annual meeting in seattle. I dont know if its wake up and smell the coffee moment. Everything the fed has been saying, some entity had to help grow this economy. Higher rates being sell, sell, sell. For most of the professionals who take action, yes, indiscriminantly. So, when they perk up as they did, they sell. Kind of unrealistic, as business gets better it will indeed happen. Forgive me for playing the role of the cooler head in the field. For the entity of this miraculous run, the fed has said if the economy catches fire, rates may rise over time. It em boldens this fed to take notice. One da
Innovative ways to invest in america. Thats why were here today. But first, take a look at this market. Holy cow. Did it happen again . The Federal Reserve issues a statement, things get better, Interest Rates might have to go up early next year. Really scary. That statement of commonsense is in a sellmore panic. S p 500 declining. 6 prkt. This show is coming to you tonight from the starbucks annual meeting in seattle. I dont know if its wake up and smell the coffee moment. Everything the fed has been saying, some entity had to help grow this economy. Higher rates being sell, sell, sell. For most of the professionals who take action, yes, indiscriminantly. So, when they perk up as they did, they sell. Kind of unrealistic, as business gets better it will indeed happen. Forgive me for playing the role of the cooler head in the field. For the entity of this miraculous run, the fed has said if the economy catches fire, rates may rise over time. It emboldens this fed to take notice. One day
For over two years the companies have clashed in a scale almost unprecedented in Business History and engaged in a series of tit for tat lawsuit has cost more than 1 billion. The battle is being fought outside the courtroom. On tuesday, apple is set to unveil not only a new ifeen or iphones but details on a long awaited smart watch. Wholl ultimately come out on top in the great smart phone war between apple and samsung . I spoke with Michael Gorman and ryan, the director of mobile device at i. D. C. I started by asking ryan what his biggest wish for the new iphone is. What are you asking for . This has been confirmed at this point. This is the most important thing for a few reasons. Youve got this iphone user base that have been using the same screens for the duration of iphone. This will be the game changer. It changes the computing experience and more real estate. Will it be a game changer if they are like the last . Its a bigger screen. They have been doing ok without it, but the re
To google for work. Google are trying to get a bigger piece of the Corporate Technology pie which is projected to hit 1. 6 trillion this year. Speaking of the corporate market. Concur technologies is ask boring exploring a sale. It has approached sap and oracle though oracle declined to pursue a transaction according to people with knowledge. Loombergspoke to bv west. The opportunity to grow this business to be a multibillion Dollar Company is very real. Ande are 11 million uses the total of our products and this is a market that we are going to be able to see a quarter of a billion users comfortably. Now to our lead story. Should you be concerned about your data if you are one of the millions of people using apples icloud or if you shop at home. Epot where apple says the celebrity werents are not compromised by a targeted attack. A city are working with authorities to investigate a data breach. Shares dropped the most in five months. And johnson is joining us our guest. Were speaking