Mixes. Costco short of expectations, and l brands highway. Bank of america nearlying a 17 billion settlement with justice. 21st century fox Beat Estimates as mur dork says he walked away, and one metric inspiring the ceo to pen a colorful post on facebook. First up, same store sales number trickling today, costco had a 5 rise, shy of expectations. Sharply above estimate of 1. 8. Bath and body works doing well, victorias secret, the most consistent retailer in america . L brands stumbled, and monthtomonth numbers are difficult. You know, Goldman Sachs said its the number one name, got to love it, greatest thic eses ese world. Thats not what you want going into a number. The bar raised needlessly. This is a company i felt was part of the limited family. Its better in another home, but its out there. People say you put costco together with whats happening, and polo, guidance aside, maybe apparel, jim, is trickling up a little bit. This is the call that i saw yesterday, deckers continues t
Nigeria. All of this really having an impact on the markets. The Global Markets tumbling after the president s address last night. The futures at one point down by about 100 points. We have seen some improvement, that there are still some pretty sizable declines this morning. Youll see those dow futures down by about 47 points below fair value. The s p futures off by seven points. This is coming after the markets closed lower yesterday. The dow closing at its lowest level since april. The s p 500 closing at its lowest level since may. So again, pressure this morning. This looks like a third week in a row of losses for the markets here. Also in europe, if you want to see how things are reacting, you can see the dax down by another almost. 9 of a percent. The ftse in london off by. 7 of a percent. And in italy, thats the only ed a vancor that were looking at. In asia, the nikkei suffering its worst deline in five months. A decline of about 3 . Shanghai and hang seng saw much more modest
Hello, and welcome to countdown. I am mark barton. And i am anna edwards. A general election in greece. The markets already seeming to have cast their vote, sending the euro to a fresh low. The euro weakens to its weakest levels since 2006 in asian trading. That follows and Magazine Article that says german chancellor Angela Merkel is willing to accept a greek exit from the eurozone. And this makes it the European Central bank in favor of largescale sovereign bond purchases. Ecb president mario draghi said the risk of deflation in the eurozone could not be entirely excluded. Within that statement, of course, and other events, the greek election now has less than three weeks to run, and europe is facing a turbulent start to the new year. So parties in greece are campaigning, and Elliott Gotkine just got back from athens, where he was covering the election and he joins us now. Good morning. Exaggerating the risk of an exit . Good morning, and happy new year. Look it is not a bad politica
On it. I dont know. This one here. It looks like a military drone. There it goes. All right. I hope youre ready. It looks like theres a string attached. Oh, it does. And maybe they can drop that right on your lawn. Do you remember the guy that he jumped out of a balloon, the bungee jump. You have to make sure, a, that its the right length and, b, that the balloon is the right height. Because one or the other didnt work. If the balloon is too low, thats bad. So you have to worry about the same thing. Its an interesting story here. So its going to happen, huh . It could happen. Would you get your delivery if it did it with a little rope like that, i didnt see the rope. I like that. I dont know how theyre going to work it in on my island. If i ever do buy anything, the jeans, i was in the store when i bought them. How are the stretch jeans feeling . I havent touched them since i brought them home. But probably the same as they were feeling yesterday. Apple is working on pay by Touch Techn
The netherlands. Yeah, were watching that story today. Also today on the fourth anniversary of the controversial dodd frank financial regulation, the two authors of the bill are here exclusive. The law by many measures still incomplete in many areas. We will get the reaction of chris dodd and barney frank to where the bill stands today, the impact that its had and a lot more. Looking forward to that very mu much. Also, netflix bucking the trend today, trading higher by about 1 ahead of earnings that are due out about an hour from now. Netflix kicking off an avalanche of major earnings from some of the biggest and most Influential Companies on wall street. We will have the numbers, we will have the analysis, the market response, all of that that only closing bell can do, so dont go anywhere. Yeah, were really getting into the thick of earnings this week. After hours today. It picks up tomorrow morning. A lot to watch for. Heres where we stand on the markets right now heading toward the