uk. our road map begins with the job market. the report missed expectations and is that a bad sign for friday s number from the labor department. we have the media world out this morning. comcast, time warner and via com. we ll break down the numbers for you. the new safe haven and investors piling into the $17 billion debt offering. apple is sitting on a lot of cash, but is that a guarantee the company will even be around in 30 years? pharma troubles. merck sales coming up short after pfizer s disappointing announcement yesterday. we ll begin with the markets which exited april like a bull. the s&p 500 at a new all-time high. $1587 and the nasdaq closing up six consecutive months and the dow posting a fifth straight monthly gain and as you saw, futures are under pressure after adp did add 119,000 jobs and the estimate was 165, this as the fed gets ready to wrap up the two-day policy meeting. in that month, it is past few years, it was down 6.2 and 1.9 and the numbers are
down from four straight sessions and now drops from the conviction buy list. tim cook apologizing to the chinese for what critics are calling poor customer service. michael dell tries to get employees fired up about his proposed takeover of his namesake computermaker. insurance stocks getting a boost after the government says it will increase medicare payments instead of cutting them. is there more room on the upside? and the big banks launch a round of downgrades aimed at each other. goldman and morgan among those in the crosshairs. goldman removing the tech giant from the conviction buy though it does maintain the buy rating. they were at 6.60. apple s most recent product cycle has not driven market growth as they thought and they issued an apology to chinese consumers vowing to improve customer service in the wake of criticism from chinese media. in the letter posted on apple s chinese website tim cook said, quote, we are aware that lack of communications led to the
rally. this time pimico s bill cross has some not-so-nice things to say act america s addiction to debt, let s say it involves kris mall meth. and google becoming the most valuable company after apple. how much is left in the tank at these record highs? and american airlines facing serious questions after a second flight was found have loose seats. how much traffic do they stand to lose and which rivals are poised to benefit? but futures right now moving higher one day after upbeat manufacturing data helped lift the dow and the s&p 500 to gains in the first trading session of the fourth quarter. hopes for a bailout request from spain also adding to the positive sentiment this morning. there are some calendar issues in terms of the request from spain to october 21st is when there are regional elections and sometimes probably after that there will be a request from spain for some sort of a bailout. i always find the way the market looks at these things is rather extraordi
tonight from the democratic national convention. pelley: and good evening. on the first night of the convention here in charlotte. today the pentagon said a former navy seal, who was among those who shot osama bin laden, may have released sensitive information in a new book. no easy day hit bookstores today at number one on the best seller list. the author, who writes under the pen name mark owen is the first member of seal team six to explain what happened in the raid on bin laden s compound in may of last year. owen has done one interview, which will air on 60 minutes this sunday. tonight we have part of that interview in which owen tells us about the helicopter crash that might have scuttled the mission. in the interview, owen is disguised and his voice has been altered. was the plan to kill osama bin laden or capture him before you went in? this was absolutely not a kill-only mission. it was made very clear to us throughout our training for this that, hey, if give
he asked if i was an intern. captioning sponsored by cbs this is the cbs evening news with scott pelley. pelley: and good evening. on the first night of the convention here in charlotte. today the pentagon said a former navy seal, who was among those who shot osama bin laden, may (no audio) information in a new book. no easy day hit bookstores today at number one on the best seller list. the author, who writes under the pen name mark owen is the first member of seal team six to explain what happened in the raid on bin laden s compound in may of last year. owen has done one interview, which will air on 60 minutes this sunday. tonight we have part of that interview in which owen tells us about the helicopter crash that might have scuttled the mission. in the interview, owen is disguised and his voice has been altered. was the plan to kilo osama bin laden or capture him before you went in? this was absolutely not a kill-only mission. it was made very clear to us throug