Shortterm hiccups will earn 3 cents or 4 cents in the next few years. Significant acreage in an area called sacramento, and real estate is booming. Second one is a simple one, thats called legg mason which i announced yesterday. Legg mason, 164 million shares, down to 128. Every day they announce twothirds of the cash flow is going to buy back stock. Great Cash Generator and theyre solving a lot of their issues. Thank you. What are you bushing barons . You get online happy valentines day, dr. Love. Squawk on the street begins right now. Im melissa lee, with carl quint a nil quintanilla and david faber. Jim cramer has the week off. Take a look at the picture in europe, the focus on the g20 meeting and g7 statements, saying they stand by market determined exchange rates. We saw a bit higher to the euro, above 134 this morning. Japans nikkei surging nearly 2 . The markets in china and hong kong are closed for a second straight day in observance of the Chinese Lunar new year. Apple, in jus
And as the Company Continues to spend heavily on expansion and Product Development and items like it new kindle line, revenue rose 27 also short of forecasts. Am that sons further Quarter Sales outlook is now shy of analyst estimates and amazon shares did fall in late trading yesterday. You can see that on the board there. 221. And Computers Featuring Microsoft Windows 8 hitting store shelves today. The company is opening 32 pop up stores just for the holidays. Its designed to run on a variety of devices. Pcs, lab tops and tablets. We heard from Steve Ballmer about it yesterday. Joe. Fiscal cliff still about two months away, but the combination of scheduled tax hikes and spending cuts may already be impacting the economy. The Washington Post citing a report by the National Association of manufacturers says companies are bracing for the fallout by cutting jobs and delaying big purchases. Government data shows Business Investment stalled in september. The report goes on to say if Congres
Discussions is the fiscal cliff. The annual meeting of the securities trade group is taking place in new york today. And the looming risk the u. S. Economy is sure to be on the agenda of participants. Well be joined by a few of those this morning. Including gary gensler. Chet heick will also be joining us. On the lighter side of thing, well have a rock star among us this morning. Yeah, we mean this literally. Not just the rock stars we usually have. John popper of blues travelers will be joining us on set at 8 40 to talk about the business of music. But first, lets get over to joe. You have some breaking earnings news . I do. At about six numbers for dupont. Ill give you the one that is comparable to expectations. And that is 44 cents which is versus 46 cents for an estimate. But first the company said it posted a lot of a nickel from continuing operations. Then it said it was 32 cents excluding items. And then it said the bottom line was actually a penny, but excludeing everything, it
Ipo for jimmy chu trading marmally higher in london after pricing itself at the lower end of its range. Google misses the mark with earnings as advertising revenue slows. Shares are sent lower in frankfurt. Apples latest iphone goes on sale in china. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Its been a turn ewe leapt week in equity markets, but it looks like were going to end on a positive note. I dont want to tempt fate but nonetheless, for now, 1. 4 on the stoxx 600. Lets look at the individual markets. As you can see, its a bounceback across the board. With the more volume title markets doing better, up 3. 6 than the bigger cap markets like germany, up 1. 5 and the ftse 100 up 1 . And i describe it as a tempered bounceback, certainly not the extent to which weve seen declines of volatility in the week. Nonetheless, in the green on friday, hopefully ending the week on a positive note. Wednesday was the extraordinary day for the u.
Thats when my heart sank, when i heard there were Police Officers just to prevent my girls from going to school. Reporter juliet says she and her husband and three young daughters have lived in this los gatos apartment since august 1st, successfully enrolling in the local School District using these forms, a doctors bill and a temporary license. They accepted the exact same documentation that i have now in the beginning of the school year there should be absolutely no difference. Reporter but the superintendent said there was a big difference at the end of september when return mail and another parent tipped her off that the edwards may not live at their apartment. The district sent out its residency officer. We actually have them do Video Surveillance and had them followed four days and four nights to make sure that were actually doing our Due Diligence to make sure whether or not they are coming and going and living within the district. Reporter the edwards maintain they have lived i