Food and energy up. 1 of 1 . David apple right out of the gate. The stock rebounding after the slide yesterday. Investors brushing aside concerns that sales of new iphones might be disappointing. Liz there are reports this afternoon that at t is seeking buyers for its cell phone towers. These towers could fetch as much as 5 billion. David despite concerns about Interest Rates, homebuilders are more optimistic than at anytime since the mid 2 thousands. National homebuilders Housing Market index remaining at 58 this month, the same level as in august. Liz the sec announced Enforcement Actions against 23 securities firms. Securities Exchange Commission saying those firms improperly participated in Public Offerings after betting against the stocks. 22 firms have settled with the sec. David a bigger version of the boeing 787 dream liner is taking off. They hope the 7879 will help increase dreamliner sales and put the aircrafts previous battery problems in the rear view mirror. After the bel
And were going to talk about obviously one of the major implications, supply from the middle east of oil and the threat of massive disruptions there. With us today is lord john brown, former ceo of bp. He has a new book out entitled the glass closet. He also will respond to governor perrys comparison of alcoholism and homosexuality. A big hour coming up. The meltup weve been talking about recently has kind of melted away. The Dow Jones Industrial average is off about 15 points on the trading session. The s p 500 is traded up just a fraction. The nasdaq composite is up about a tenth of a percent. As for the transports, last trade was down about 14 points on the trading day, and the russell 2000 has been in negative territory as well. Theres the transports, down about 15 points on the trading session. Russell 200, well show you that in just a sec. Now its turned positive by about 1. 7 on the trading day. Seema mody is in times square, bob is here at the exchange. Bob, were coming off our
Things made me extremely uncomfortable. Connell i did not know what was going on there for a second. Apple, it is the story of the day. Rolling out the new iphone. The 5c, the cheaper one and the 5s. It is all about the gold. The ship date has already been pushed back to october for online orders. Though gold phone would likely be gone by the teeple got to the store. Wall street journal reported that demand is so high that the phone has the Fingerprint Technology on it, it improves camera, fast processor. Dagen i have to point this out. The colors are the gold and silver are strips on the back of the phone. The front is still white. Most people buy a case to cover the back so it does not break if you drop it. What difference does it make . Buy a case and be done with it. Go on with your bad self. Connell that is my transition to nicole. Nicole i hear what you are talking about. There have been so many people standing outside the as you noted, though gold right away is now not available
With that has come incredible demands on bandwidth. The kids were telling us stories about how they would hit enter, and if it was simultaneously, everything would choke. Okay . They were telling us about taking their computers and Walking Around the room until they could get, you know, a good signal. Ask, you know, the president and, you know, the president has said, he said back in june that we need to connect 99 of the schools within five years to at least 100 meg per thousand students going to a gig, okay . And the only thing that i would add to that is five years or less. We have responsibility through the Erate Program to fund schools. Heres the interesting thing that ive learned. Our great team that weve got at the commission, john wilkens is our new managing director. And he came from that ken si and working with julie veep whos the head of our wire line bureau, they have applied businesslike cash Flow Management concepts to the erate fund. That is going to enable us to double
An improvement, but its a far cry from a Truly Universal Health Care System which we should enjoy. Im a former Small Business owner. I owned and operated a business in San Francisco from 1980 until 2005. And im outraged that we have a portion and i should say that im past president of my merchant association, one of the largest in the city. Im outraged that a small portion of is taking advantage of the loophole and as in the hearing at city hall, there was a mention of cash Flow Management and im apolled to have a business and you pull 75 percent of everything you put into one of these accounts. Thats not a Sustainable Business model. If only if are the reason youre listing getting sued because someone like my age or who is handicap or whatever who you can spot immediately in an interview says i cant hire you because you need more health care and i cant afford that. We need a different Business Model to do this. Recently there was an interview, dr. David was interviewed, hes a national