Production for ten years and access to nuclear fuel and equipment for 15 years. Iran has to approve to the International International Energy Agency that it met it under the terms of a deal. Take a look at whats happening with oil prices. Theyre down by about 2 . This is coming because irans oil is expected to be coming back to the market. Thats putting wti at 5118. Not everyone is happy about todays news. Officials are condemning the deal. Benjamin netanyahu says it gives iran a surepath to Nuclear Weapons. Here in the United States congress now has to approve the deal and its expected to be a tough sale with many lawmakers saying they date of birthont think its close enough. President obama will make a statement on iran from the white house. Thats coming up at 7 00 a. M. Eastern time and we will bring that to you live when it happens. Our chief washington correspondent joining us on set to talk about all of this. This is a deal thats a long time coming. Many people thought it would n
Johnson johnson, well fargo and many more. Google going on a costcutting mission. How will this company known for growth cut back . Shares of google right now, shall we . Maybe no. Maybe so. They are up 16 at 5. 63 a 3 rise on that news. But we do start with the iranian deal. It may take weeks or months for the money to start flowing but the speculation has begun about who will get into the Islamic Republic first. Our coverage begins now with morgan brenner. What have you found, guys . You snuck up on me there. A sneak attack. So its not a done deal yet, still months and several hurdles away from sanctions being lifted, but there are a wide array of companies that could benefit long term so lets start with oil majors exxon mobile bp and royal dutch she will have all been taking steps to explore the possibility of doing business. All of the stocks are higher today. Now, if they start investing that could also boost Oil Field Services companies so Schlumberger Halliburton international a
People. We will also be listening to closely to what the president might say about the american economy. It all comes off fed chair Janet Yellens testimony earlier today where she continues to prepare investors for a likely Interest Rate increase this year. If we get that it would be the first Interest Rate hike in america in nine years. Lets go down straight to eamon javers back at the white house where we are awaiting the president. Reporter thats right. The president s going to take some questions here from reporters. We can expect that whats on his mind is that deal with the iranian signed earlier this week. We can expect hearings beginning on capitol hill as early as next week. This is going to be a sales pitch series of comments here from the president. But as you point out, we dont necessarily know what all the questions from the reporters will be. He possibly will get some questions on the u. S. Economy, how it is faring also the global situation. When it comes to iran though e
Bailout bill has gotten underway in the last hour. A vote on that bill is due within the hour. Michelle carusocabrera standing by there where its 10 00 p. M. Local time in athens. And youve got a busy night ahead of you, michelle. Reporter yes, we sure do, bill. So yes, lets get everybody up to speed. There are crowds back in front of the parliament. Things are much calmer than they were about 15 minutes ago. The last ten minutes of president obamas discussion with reporters is when we started to hear explosions outside. Thats when we saw molotov cocktails being thrown. We werent surprised because we had seen some of the protesters show up dressed in black, wearing hoods, some of them carrying gas masks. Seemed to be a very, very small group. And we havent seen any violence up until now. We thought maybe tonight it could has been. And, indeed it did. You can see from the video were showing you, a round of fires lasted about 10 or 15 minutes. Right away. The tear gas came out right away
Yesterday markets didnt hold on to the morning gains. The markets down for the fifth day in a row. You can see things picking up this morning with the dow futures up by 85 points. S p futures up by 11 and nasdaq up by 37. Flat yesterday . Down by about five points for the dow. Yeah. Lets tell you about some stocks to watch. Barely down but ended down for five days in a row. You know the dow is one thing. Comcast was up. I just happened to see it. Not that it matters. A couple of stocks to watch. Intel with better than expected Quarterly Results. Growth in its Data Center Business that helped offset demand for pcs that used the companys chips. Well talk to an analyst about all of that. Also netflix shares are up sharply. Company adding more subscribers than forecast in the latest quarter helped by overseas expansion and that stock rocketed yesterday afternoon and ebay nearing a deal to sell their Enterprise Business for about 900 million. Theyre lead by mara and sterling is in there and