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Transcripts For CNBC Squawk On The Street 20130808

Expectations even though some people dont trust the numbers over there. Europe has been slightly higher for most of the morning. In our road map today a tale of two consumers told through the registers of mcdonalds, the Electronics Department with costco where profits are losing some power. Groupon has a new deal for investors as eric takes over sole ceo and the buyback is the first order of business. Surprise quarterly profit leaves teslas ceo laughing at potential rival bmws entry into the electric car market. Tmobile dialing up the biggest Customer Growth in four years. Ceo john ledger will join us live in a little bit. But first up as we said, futures are higher today. Markets had a crazy couple of weeks here as weve been up six weeks now. Sam, were trying to avoid our were on pace for our worst week in seven. And then today, heres the mom and pop paper, usa ousa today the 1700 club, all the strategists on the street who has targets at 1700 and above. Tom lee just on squawk has a p

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