Losing streak, but we have some breaking news on sac capital. This, of course, is the eye wantic hedge fund that has been embattled by both the sec and federal prosecutors. Dow jones is reporting there may be a settlement for Insider Trading charges. All kinds of charges have swirled around this country along with accusations of failing to supervise. Were going to have more in just a minute from Charlie Gasparino whos working on this story, but it appears there could more than a 1 billion settlement to settle all of these charges that have beleaguered sac capital. Lets get back to the markets, Home Builders leading the s p 500 higher for a couple of reasons. Lennar, kb home all up after lennar and kb posted better than expected quarterly earnings, and separately this is sort of the big data story here, and you just heard ashley and tracy talking about this, the chase shiller in caseshiller index did look to show that once again we have home prices that are continuing to rise. For the m
L. A. X. At Oakland International saw southwest delays in passengers forced to think of plan b to get to los angeles. Is found out our flight was canceled so we are just going to drive down to we were going to l. A. For a wedding. We are going to drive to l. A. As fast as we can hopefully without too many speeding tickets. Reporter doug jakel is the sfo spanning. Even though his police force is amped up on a day like today, he says tsa hasnt increased its security. Well stay in touch with them should there be any decisions on changes to security procedures. Thus far there havent been any. Reporter 100 flights take off from l. A. X. To sfo every day meaning when l. A. X. Sneezes, sfo can easily catch a cold. Southwest and Virgin Airlines got hardest hit. We found many disappointed passengers like antoine peron, who was supposed to fly to l. A. X. And vacation with friends. Supposed to be 1 15, my flight was canceled and we were rescheduled to 3 35. Reporter these friends switched airpor
This wednesday morning. Covering Ben Bernankes last stand as fed chairman. Top executives are coming together in frankfurt today to discuss the results. We have a look ahead. He has the details on the move to raise rates in turkey. It is a slow turnaround for yahoo . Are continuing to spend their money elsewhere. The ukraine is celebrating the Prime Minister resigning but vows to topple the president. We will look at the countrys political and financial crisis. Lets take you a little bit about what is coming up later. Hans nichols will sit down with anshu jain. Havee second hour, we will joe jimenez. Europes biggest drugmaker novartis 1. 20. Analysts are asked are expecting a little more. 2. 96 billion. Sales are growing by four percent which is aligned with the custom is the companys estimates. It is the lowest Single Digits rate in 2013. Low to midising Single Digits in constant currencies as well. The dividend put forward by the 2. 45. Y is this is a company that is going very going
Reynaldo Lopez matched his season high with eight strikeouts over six shutout innings, Ozzie Albies had four hits and the Atlanta Braves held on for a 6-3 victory over the Baltimore Orioles on Thursday.