The power ball but i never play it, you usually do. Dagen put it in the calendar. Connell lets go to Nicole Petallides at Stock Exchange to get started on markets now. Nicole good morning. We are watching the markets as you noted ahead of the fed and we are up 66 points at the moment, 1 2 mixed bag of winners and losers. The s and p is higher just like the dow down 1 4 and the nasdaq pulling back, coming off of two story weeks of gains for the dow but traders think the momentum remains to the upside and continues to note the fact we stomachs some tough Economic News like jobless claims and others that havent been so great and the market still managed to rise higher so there is good news that could propel us to the upside. That being said we had a couple pieces of news from abroad including u. K. Unemployment rate, and expected the edged higher and we have a big merger deal today in the jewelry business. A lot of pieces of news on wall street today. Connell Congressional Budget Office o
Picture. Analysts are forecasting for this quarter, thats going to be weak Revenue Growth. While we are seeing a reacceleration in gdp growth, that hasnt translated into higher Sales Estimates for this quarter. For q4, Thompson Reuters is estimating a. 4 jump in sales versus 3. 4 that we saw last quarter. Europe will also be in the spotlight this season. Analysts are betting that tech will benefit from the ongoing recovery in europe. Tech companies that have exposure to europe include harmon international, Electronics Arts and priceline. Last quarter, priceline saw an uptick in european sales. Analysts say the European Online travel market could offer considerable Growth Opportunities for priceline and the broader online traffic market, travel market, excuse me, going forward. When it comes to emerging markets, experts have a mixed opinion on business conditions. Last quarter, young brands and nike were cautious on china while General Mills saw strength on its earnings call. Management
Nick . Hello. It was a busy commute and police say that after 7 00 a. M. They arrived on the scene and they expect this intersection to remain closed for at least another hour. Take a look at this view from sky 7. Western over the scene minutes after Police Arrived this is what we know after the First Responders got here for an injury accident between a big rig and a motorcycle they found out the motorcycle was tramped under the rear wheels of the truck much the man on the motorcycle was pronounced dead at the scene and police say that the motorcyclist was traveling in the fast lane and the truck was in the slow lane. Traffic investigators believe the truck driver made a uturn without seeing the motorcycle. They are not early stages of the investigation but Officials Say preliminary evidence gives clues as to who may have been at fault. Anyone making a uturn from a slow lane of traffic and crossing over a fast lane of traffic is obviously putting other motorists in danger and this is c
The sevenday forecast is ahead. But, first, traffic, we have play ten of green but a lot of red, too. If you are headed across the Golden Gate Bridge, 12 minutes gets you there and 15 minutes from the maze across the maze San Francisco. Developing news marin county fire investigators are trying to crackdown a serial arsonist after two fires in three days. Both coming very close to home. Our News Reporters is in san rafael. Amy . Investigators want another look, and they will be out here this morning in the neighborhood looking for clues trying to figure out who set the fire that came so close to homes. Officials will be looking for witnesses to talk to, and trying to track down any Surveillance Video that could be out there. They say the fire started if more than one place, a good indication that someone set the fire. It happened at 12 15 on friday afternoon near the Mobile Home Park in san rafael. The fire threatens 100 homes and it burned the side of one mobile home, a fence, and a d
Assembly Public Safety committee in sacramento at 9 00 tomorrow morning. Opposition has now surfaced that could derail that bill. The family of audrey potts says a loophole allowed the teenagers accused of the Sexual Assault of her daughter to get 35 days served on weekends in juvenile hall. A bill would mandate a two year term for a victim that is intoxicated or unable to fight back. 100,000 people signed the petition many said they want a longer sentence we feel this is the step we need to make, in the right direction, to protect our young men and women and to protect the victims and not the criminals. The bill known as audreys law for the Saratoga High School student faces opposition going before assembly Public Safety Committee Tuesday morning. Several advocacy groups have sent letters to Committee Chair urging the bill voted down. One objection is the cost of the two years were talking about a price tag of about 250,000 a year. We think that, you know those resources would be bett