Z [captioning made possible by bloomberg television] first from our a. I. G. Results weve carol master. Here are some of the headlines for this hour. A. I. G. Host posted a Fourth Quarter profit, and is cutting about 3 of its work force. And we will be interviewing bob ben moshey later this wour. Meanwhile, roisk for the uarter is 4. 6 billion. Nd bowing to pressure from his will the president resign tomorrow. It has been a very good day generak. He company is up more than 13 . The president and chief constitutive joins us now from milwaukee, wisconsin. It is great to have you with us. Tell us what is requesting 0 going on with the company right now because of the demabbed for your products. Having me. Imm, for were very busy as we have been the last couple weeks. The Winter Weather in the u. S. Has been pretty dreadful if youve lived through it and been causing a lot of Power Outages. Pennsylvania last week with the ice storm, the southeast this week moving up the coast here as well,
Know, its for all. No one has ever been killed by drunk driver, but if youre forced to stay home you may. I dont think its going to pass a long run. There are enough people, even in ireland. Melissa we will keep an eye and it. Thanks to both of you. Thats all the money we have for you today. We will see you back here tomorrow if we dont freeze to death. The willis report is coming next. Gerri hello, everybody. Im gerri willis. Tonight on the willis report, first paycheck goes down. Now the cost of everything you buy could go up. Starting this weekend we will take a look at a new credit card surcharge directly hitting your wallet. And after new york passed a sweeping new gun reform laws, the attorney general greg abbott is here to tell you norquist to move to the lone star state. They like guns there. Plus, some of the top personal finance voices in the country altogether on this show. The willis report is on the case. Gerri well, we will get all of that in just a second. First, our top
Reporting rose,. 6 of a percent. David here you are on the front page. Verizon agreed to pay 130 billion for vodafones 45 stake in verizon. How many thought they made a mistake when reading that headline. The purchase was unanimously approved bit boards of both companies. It is expected to close in the First Quarter of next year. Liz target gearing up to launch a new Video Streaming Service to compete with netflix and itunes. The new service promises instant access to 15,000 movie titles, new releases, classic movies and next day tv shows. David monthlong blackout of the cbs network on time warner cable, it came to an end today as the two Companies Announced a new deal on fees. Terms of the agreement were not disclosed. A busy beginning of september right now after the bell starts as i speak. David Lance Roberts, street talk, warned of a bigger pull back in the market and larry shover from the pits of cme. Larry, we got your notes before we had the Manufacturing Index and et cetera. Wh
Wonderful, their outlook was a little bit moderate. So not percolating today for the shareholders. Investors arent happy. Not happy with the numbers, theyre just believing this is not a story that continues into 2013. It is pulling back. Down over 5 1 2 today. Ashley we have time quickly. Blackberry rally continuing. The stock adding another 4 after that huge rollout in canada. Up 30 this week. [closing bell rings] they say they will not launch the blackberry 10 in japan. Pretty amazing. Liz not going to. Bells ringing on wall street. Already available in canada. Lets see how stocks finish up. Here you go. Here are the percentages to the far right. Not necessarily how miniscule, ashley, miniscule. Dow jones down half a percent. S p down three. Not. Of a bull pack. Pullback. Ashley so miniscule i had to put my classes on. Snowstorm expected to hit the northeast may be bad for your commute but it is good news for douglas dynamics. Why . Because they make three types of truck mounted snow
Womens magazine with singer on the cover sold less than ones with lesser known personality in 2012. Cosmopolitan magazine featuring swift was the worst seller of the year. David why dont they like her . Liz she is too young. They want it see real woman. David i dont read those mags. Liz coming up tomorrow, you can not miss this, investing opportunities in the business of vice. I will be coming to you live, from david, the only three deadult 3d, adult entertainment, lets call it pornography studio in california, in chatsworth. We will have steven hirsch. David not just movies were talking about the real thing. Have you heard of the bunny ranch . That one of those legal prostitution places they have got out in nevada . Den necessary hoff. Featured on hphbo, talking about the business of bored dell lows. Liz the name in pornography. Larry flynt will be joining me. See him at 3 00 p. M. Eastern. More Business Advice all day tomorrow. David money with Melissa Francis is next. Im Melissa Fra