Degree. The real question is, why . Is black friday dead as an entity in the Holiday Shopping season . Well get into that and more. We did all those stories leading up to black friday suggesting that it was losing its cache. In fact, that its goneful left the building just like elvis and hearing from tony hsieh. Now starting to open up brick and Mortar Stores in vegas and a popup store open 24 7. Almost a showroom. Perhaps a glimpse into the future of retail and where hell be coming to us from and a realtime view on zappos sales there and online. We are getting indications cyber monday is strong. Not just zappos but among other online retailers, sales very, very good today. Now about oil. You think its going to be lower because of opec. Speaking of black friday. Its going the other direction today. What a bounce up more than 4 on wti crude. Posting the best oneday gain in two years. Was that the bottom we had over the weekend . One top Oil Executive thinks it may have been and hell be
In separate directions today, one is the dows best performer, the other the worst performer on the s p 500. Lets get to nicole on the floor of the New York Stock Exchange with that. Reporter hi, good afternoon, liz, welcome back. Taking a look at a couple of technology names, folks, the nasdaq is up over threequarters of 1 , but we have a few names here, both ibn and adobe. Ibm, which has been one of the best here of the dow 30, right now one of the worst performing this year. I mean, you can see its gaining 3 , but it has been under pressure for the year 2013. And adobe making it one of the worst performers in the s p 500. Well, its, lets see what its doing right now, down 3. 6 following the quarterly report. Theres a look at a year to date. You can see it has run up, but today pulling back some. Weve had a lot of mergers today, liz. We see a rally on our hands at least for today after two weeks of selling for these major averages. Back to you. Liz doesnt it amaze you, nicole, the nas
Good morning. The dow posting another record close but just barely. The s p suffers its first losing session of the month. A deluge of Economic Data and well get import prices and business inventories. Its wednesday, march 13th, 2013. Squawk box begins right now. Good morning, everybody. Welcome to squawk box here on cnbc. Im becky quick along with Andrew Ross Sorkin. Joe kernen is enjoying time off. Were joined by Halftime Report scott wapner. Welcome back, mr. Big. Lets start with markets. If you are a fan of numbers, today is your lucky day. We have all kinds of statistics to share on the recent rally as andrew mentioned the dow eked out a gain in the final minutes of trading yesterday. That means the dow has now closed at a record high for a sixth straight day. Blue chips index now up eight Straight Days. That has only happened eight times in the last 12 years. Every one of those times in the last 12 years the streak was broken after eight days. The dow will seek the nineday winnin
Mairs & Power Inc. trimmed its stake in Glacier Bancorp, Inc. (NASDAQ:GBCI – Free Report) by 6.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 214,730 shares of the bank’s stock after selling 14,495 shares during the period. Mairs & Power Inc.’s holdings in Glacier Bancorp were worth $8,873,000 at the end of the […]
Mairs & Power Inc. trimmed its position in Glacier Bancorp, Inc. (NASDAQ:GBCI – Free Report) by 6.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 214,730 shares of the bank’s stock after selling 14,495 shares during the quarter. Mairs & Power Inc. owned […]