A warm welcome youre watching r. T. International with me to. Irans foreign minister job ads a reef has tweeted that america despises diplomacy and wants war now its off to washington introduced major new sanctions on to iran including against the countrys supremely leader ayatollah common way the escalation comes or in response to wrongs downing of a u. S. Military surveillance drone which the Islamic Republic claims violated its airspace. Todays action follows a series of aggressive behaviors by the Iranian Regime in recent weeks including shooting down of u. S. Roads the drovers i guess everyone saw that one. Many other things and many other things aside from the individual drone you saw the tank and we know of other things that were done also which were not good and not appropriate if you dont succeed at 1st try try again washington is assuring us all that these new sanctions will be highly effective just like the ones you know all that came before the sanctions have been very effe
Into the holiday. People want the summit deliveries. Well, apart from amazon we have other Technology Companies on the move as well. Lets get to Nicole Petallides workman from the floor of the nyselisted. Less talk about the tech movers and shakers. Reporter lets do that and take a look. Of course, one that everybody loves. It is pulling back a little bit today, down 1 3 of 1 . Over a thousand dollars. Approaching that level. 10. 13. Keeping a close eye at twitter. The 39 range. Lets take it off. Such a great run up over 40 percent this year. The analysts loved it. But today what is interesting. Morgan stanley actually looking. Just saying, listen, and expenses, a great run. This continues to be great, but it is evaluation call. Taking a little bit of debris there on the stock and just saying in line from attractive. That is only because it is run up so much. That is why theyre not pulling it off the best ideas list. The meantime we are keeping a close eye on twitter which has been a m
That didnt stop the ceo from taking a swipe at the economy quote, despite operating what continues to be a challenging and volatile macro environment, we are delivering consistent, strong results. Should a warning from a consumerdriven company like this give investors reason to sit up and take notice . Joining me Senior Correspondent charlie gasparino. Fox businesss tom sullivan and dan schaefer of schaefer asset management. Tom, what do you think . I like pepsi. One of my alltime favorite stocks. Revenues are up. Profit margins are up. The income is up. Melissa yeah. Theres melissa but theyre telling us that the economy is not up. I know. But they sell things and dan follows this better than i do, i mean you know you get into the consumer staple sort of thing, i think in some cases fritolay may be a consumer staple. People buy that in good times or bad. They are just a wellmanaged company. Melissa dan what do you think . What does it tell us about the economy. I think she is giving as
It is all coming up in sports. Are you ready . What everybody is talking about, the data comes but once a month. In february, jobs better than forecast. Upward revision, adding 25,000 upward revision, adding 25,000 jobs to the previous two months. Unemployment takes up to 6. 7 . Dig a little deeper, like through snow and ice. A weather effect, the number of people unable to work because wayhe weather, 601,000, above the historical average. Hours worked ticked down. One more data point to Pay Attention to. Average hourly earnings, up. 4 . It is not just the average across the board. Seess professions, you strength in different professions, not just jobs created or raises being given to hamburger flippers. Mind ofbroadbased payroll gains. If that continues, then you start to bring the question of inflation into the side picture. Longerterm, the central bank has to worry about than whether or not their call for no increase in Interest Rates until mid2015 or later is correct. That is a key
What everybody is talking about, the data comes but once a month. 175,000 jobs in february, better than forecast. Upward revision, adding 25,000 jobs to the previous two months. Unemployment takes up to 6. 7 . Dig a little deeper, like through snow and ice. A weather effect, the number of people unable to work because of the weather, 601,000, way above the historical average. Hours worked ticked down. One more data point to Pay Attention to. Average hourly earnings, up. 4 . It is not just the average across the board. Across professions, you see strength in different professions, not just jobs created or raises being given to hamburger flippers. It is a broadbased month of payroll gains. If that continues, then you start to bring the question of inflation into the side picture. Longerterm, the central bank has to worry about than whether or not their call for no increase in Interest Rates until mid2015 or later is correct. That is a key point. David rosenberg saw inflation coming. His