And we continue counting down power lunchs top five business and finance stories of the year. Number three is coming up later this hour. See if you can guess what it is. Meantime lets go down to sue at a very busy new york stock exchange. Yep. Youre right, ty. The fed is front and center for investors in the markets tout today. Just under an hour until the latest decision on Interest Rates and the statement followed, of course, by Ben Bernankes News Conference as fed chief. So what are the top minds on wall street expecting . Steve liesman knows. Hes been talking to them and joins us now live from washington. Steve, over to you. Hey, sue, thanks. There is a big debate about what happens here in a little under an hour with some of the biggest investment banks on wall street really having die met rickically opposed positions. Let me show you, deutsch bank, or goldman, cued up first here, what deutsch bank is saying in their comment this morning, were looking for a 10 billion treasuries o
Divide. As stocks soar much of the country is still in troubling straits. At what point does name pact the stock market, and at what point does it threaten capitalism . First though to sue at the new york stock exchange. Sue . Good to see you, ty. Gold is having a pretty big day after a pretty good week. Were back above the 1,300 mark in gold, right now its traded up 30 bucks and change. Everybody is watching the Interest Rate, tenyear note at 2. 48 and modest gains for stocks pretty much across the board with the dow up 14 points. The s p up 3 and the nasdaq up 11 and the russell up 3 points, but investors, us a mentioned, do remain focused on the fed. The fed holds a twoday meeting next tuesday and wednesday, taper talk and easing of the stimulus, if you will, will be the hot topic, so now to new insights on what the fed may be thinking ahead of next weeks twoday meeting. Heres senior economics reporter Steve Liesman. After two months of volatility surrounding the announcement of int
Nicholas Company Inc. trimmed its stake in shares of Lennox International Inc. (NYSE:LII – Free Report) by 5.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 44,440 shares of the construction company’s stock after selling 2,425 shares during the quarter. Nicholas Company Inc. owned […]
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Jensen Investment Management Inc. lowered its holdings in Lennox International Inc. (NYSE:LII – Free Report) by 5.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 15,170 shares of the construction company’s stock after selling 900 shares during the period. Jensen Investment Management Inc.’s holdings in Lennox International were worth $6,789,000 at the end […]