It would take more than a modest show of economic strength for them to begin taking their foot off that gas pedal. Weve got names set before the bell. Those include at t, boeing, bristol myers, and a few other stocks to watch. Put this in the Bad News Bears reporting. Revenue falling short, though, and the Company Announcing plans to cut 5 of its work force and close 20 plants, part of a Restructuring Program aimed at countering the slowing Global Economy. Andrew liveris will be joining at 6 30. Facebook reporting after the bell. Shares rising on that news. Up now 22. 14. Zinga is laying off 5 of its fulltime work force. Ynga is la fulltime work force. Zynga reporting after the bell today. Well keep an eye on those shares. Shares at s. A. P. Getting a boost in early european trading. The German Software company is posting better than expected earnings. And says it plans to grow its market share. One of the companys coceos is going to be joining us at 6 00 p. M. Eastern. Joseph . You me
Your drinking. And the head of the fbi. Well, hes laying into Big Tech Companies like apple saying the new antisnooping policies cryptography are hurting National Security. We want to hear from you on that topic. Vote cnbc. Com vote. Your chance to be heard starts now. First to sue on another day for stocks. The dow lower for the 16th time in some 21 sessions being dragged down by ibm. The Dow Jones Industrial average trading down by about 62 points. The nasdaq is in the green and the s p 500 is in the green. S p up by about 6. Lets get more on the trading action. Hi, bob. Ibm hurting the Dow Jones Industrial average and not dramatically the rest of the market. We are a lot calmer than a week ago. Two things really matter right now, number one, oil has stabilized from 105 to low 80s in oil. We have been there for the last three days. Stability really matters particularly for the big energy names. Exploration and production stocks many of them like chesapeake down north of 25 . Take a l
Equipment supplier disappoints with weak Second Quarter earnings. The market also waiting for nokia numbers with the hand setmaker expected to confirm that losses have narrowed. And its decision day for dell as shareholders are set to vote on the companys buyout offer. Carl icahn who is leading the bid against the deal got the last word right here on cnbc. Ive never seen one as bad as this. I really mean it. Ive never seen anything where they actually go out and they scare their own shareholders. And another big name investor causes quite a stir on cnbcs delivering alpha conference. Nelson peltz calls for a shakeup in the Food Industry urging pepsico to merge with mondalese. Good morning, welcome to todays show. Plenty of news out there today. Let me bring you up to speed with some news crossing. Ecb is not all purpose weapon for all problems. So suggesting that perhaps the firepower of the ecb cant solve all the ails of the eurozone. There is plenty on the corporate front today. Let m