Called fiscal cliff. Plus, options for foreclosed homeowners. New hope even if youve been kicked out of the house. How airlines are hatching ways to sock you with fees. And, what tech stock is on the chopping block from one Money Managers portfolio. First business starts now. Youre watching First Business financial news, analysis, and todays investment ideas. Good morning. Its tuesday, december 4th. Im angela miles. In todays first look as mixed messages come out of washington on the budget, stocks tumbled yessterday. Oracle is among the latest corporations trying to beat the clock on next years expected tax increase. Oracles board has approved accelerated Dividend Payments for the second, third and 4th quarters of next year. Nhl owners and players plan to meet today in a renewed effort to move the puck on labor talks. Lets see whats going on with the market today with matt shapiro, president of mws capital. Good morning to you. Good morning angie. This is certainly one moody market. I
Torrez and lets do some science. We are back for another exciting show and lindsay you can start us off. This is important to you as a mother. I did a story on ballistic backpacks and bulletproof backpacks. One being a former cia officer who thinks any layer of added security is good and one as a mom in do i really want to give my kids the idea that this kind of technology is going to keep them safe . Lets have a look. As a former cia agent i learned how to shoot a variety of guns. So when techknow asked me to cover a story about the trend in bulletproof back to school supplies, it intrigued me. As a former operative and as a mom. Back to School Shopping its always the most stressful time of year for parents like me who are not prepared and now weve got one more thing to worry about some parents are buying items like this insert intended to bulletproof backpacks to their back to School Shopping list. In the wake of the sandy hook shooting, its no surprise that this year security is a b
We will tell you about that. And jim cramer warning of a top for stocks possible. Last night he did it on mad money. We will hear the sound that could shape the markets. Youll find out what others are saying as well. First lets check in with sue at the nyse. Sue . We have a modest market gain but we have a big stock, individual stock, on the move right now. Seema mody joins us with the news. Thats right, check out riverbed technology. Elliott management has increased its offer to acquire the company for 21 a share. It had previously offered 19 a share. Elliott has about a 10. 5 stake in riverbed. The stock up better than 5 . Sue . Thank you very much. We will keep an eye on that. We are also keeping an eye on shares of tesla, up 16 on a bullish call from Morgan Stanley. Consumer reports also loves the company and so does wall street, as you can see its up better than 600 in a one year period. You heard me right, 600 . Phil lebeau with more on Consumer Reports top cars list and a first
That torrez and lets do some science. We are back for another exciting show and lindsay you can start us off. This is important to you as a mother. I did a story on ballistic backpacks and bulletproof backpacks. One being a former cia officer who thinks any layer of added security is good and one as a mom in do i really want to give my kids the idea that this kind of technology is going to keep them safe . Lets have a look. As a former cia agent i learned how to shoot a variety of guns. So when techknow asked me to cover a story about the trend in bulletproof back to school supplies, it intrigued me. As a former operative and as a mom. Back to School Shopping its always the most stressful time of year for parents like me who are not prepared and now weve got one more thing to worry about some parents are buying items like this insert intended to bulletproof backpacks to their back to School Shopping list. In the wake of the sandy hook shooting, its no surprise that this year security i
The humanitarian crisis. Hes not only affecting millions of Syrian People. But also those in neighboring countries like turkey lebanon and jordan. And this dislocation. This disruption is absolutely unacceptable were in full agreement that the resolution of this conflict. Must be peaceful that there isnt a military solution. And were in full agreement that we need to make it our best efforts from the moment that we announce this. Last spring in moscow. For now we must continue our best efforts. In order to try to bring the parties to geneva and forge forward. For all of the reasons i decided we are in full agreement. That we have to do all we can in order to. Begin the process of duty. A process that we all understand will be difficult and will take some time. So we must begin we must begin now. In the days leading up to the dialogue that will begin in march for switzerland. The United States will continue to consult or a closely with our International Partners including ambassador bri