Stock split and that it would greatly increase its stock buyback plan. Its shares took off in after hours trading. But not so for the overall market. A setback in ukraine negative Economic Data set off a slight selloff yesterday for the first time this week the main indexes were all down. For the 1st time in 4 trading sessions gold closed higher by 4 dollars. Oil slipped 31 cents. In photo ops and meetings president obama is making the rounds in south east asia. For the past two days hes been in japan. He wants to reassure the japanese the us is committed to to protecting their economic and National Security interests. In the course of the next week he will also visit south korea, malaysia and the phillipines. And a small side bar item. Its take your kids to work day, so take them along and show em what you do all day when youre away from home. Our trader today is phillip streible,he s with rjo futures. Let me talk commodities. Thats your specialty after all. Wasnt oil just 104 a barre
Reported by john blackstone. Put 20 million songs in your pocket technology has revolutionized the way we enjoy music. The way the music business is trying to keep itself in business. The phoenix will have to rise from the ashes. Later on sunday morning, the sounds of music. Osgood its complicated is simple way of describing any aspiring engineering following in his footsteps. Well see that. Hammer a nail, sounds simple, right . Wrong. What is going to happen is it will hit the ladder. Its complicated. Very, very complicated. Ahead on sunday morning, the Rube Goldberg concept where less is never more. All this to hammer a nail . Osgood Academy Award calls for the envelope please is weeks away which gives us time to meet the multiple nominee serena ultimate soul. Philomena, the drama has received four oscar nominations. I was surprised by how much humor you had written in. Its funny and sad. It fits very well together. Well fit together with steve coogan ahead on sunday morning. Osgood
Favorite tunes in more ways than ever. Now hear this. Will be our sundae morning cover story. Reported by john blackstone. Put 20 million songs in your pocket technology has revolutionized the way we enjoy music. The way the music business is trying to keep itself in business. The phoenix will have to rise from the ashes. Later on sunday morning, the sounds of music. Osgood its complicated is simple way of describing any aspiring engineering following in his footsteps. Well see that. Hammer a nail, sounds simple, right . Wrong. What is going to happen is it will hit the ladder. Its complicated. Very, very complicated. Ahead on sunday morning, the Rube Goldberg concept where less is never more. All this to hammer a nail . Osgood Academy Award calls for the envelope please is weeks away which gives us time to meet the multiple nominee serena ultimate soul. Philomena, the drama has received four oscar nominations. I was surprised by how much humor you had written in. Its funny and sad. It
Largerthananticipated loss, profits at newscorp doubled, and business remains brisk at visa. Yahoo and google have an ad deal. The rival Internet Companies reached an agreement to have google display ads on yahoo sites. The wall street journal reports American Airlines and u. S. Airways may announce a merger in a week or so. Shares of u. S. Airways flew higher. And let it snow ski resort owners in the northeast are thrilled a foot of snow could drop by friday, making for a powderpacked weekend. Mark sebastian of option pit mentoring joins us now for a closer look at the market. Good morning to you. Do you suspect with the strength that we have had in this market, that some people are going to want to take profits here mark . You know, maybe, but i wouldnt. I think we are due for a breather here at this 14,000 level in the dow. But there are going to be a lot of investors that see this train that has already left the station and want to get onboard. I think we are going to see an alltim
Ahead. Cisco sees the light. The Company Topped its earnings targets after the close. Cisco ceo John Chambers notes that 2013 is off to a slow start but sees early signs of improvement in europe. And democrats are working on a new bill that could replace the 85 billion in automatic spending cuts that take effect march 1st if there is no deal. Time now for a look at what traders have to say about the day. Joe cusik joins us for that. He is from options express. Good morning joe. We had earnings after the close coming in from cisco. What is your first thought . You know what, cisco came in, they did what they expected. The thing is that they diversified their revenues from the switching and routing, and now they are looking at that i. T. Infrastructure. So, that actually could bring revenues a little bit more rapidly, even though there was a dropoff. Obviously the hard part is that while the macroeconomic trend has been positive, they are heavily saturated in europe. We want to see that