Do we pay too much attention to apple . Do we pay too much attention to the fiscal cliff at the expense of Everything Else . Averages once again around the flat line with the dow up 15 points, nasdaq rising. 530 . We talk about how the transports fare well, or how i like the new honeywell application. Where you should buy the aig over the dip. Its fun for us to puzzle over the strength of hewlett packard. Deckers down 3 because of the warm weather impact on uggs. Is that whats behind coach today . Thats what i regard as productive use of my time. But unfortunately, thats not the case for many of you and in many ways, its not what you need to hear. In fact all those issues i just mentioned arent even mildly important compared to the big stories we battle every day. First lets tackle the fiscal cliff. Im beginning to hear a ton of blowback about how we talk about it way too much. Jim, give it a rest, will you . Im getting feedbck how our rise above campaign is stillborn because the polit
Educate. So call me at 1800743cnbc. Do we pay too much attention to apple . Do we pay too much attention to the fiscal cliff excluding Everything Else . With the dow up 15 points, nasdaq rising 5. 30 . We talk about how the transports farewell, or how i like the new honey well application. Where you should buy the aig over the dip. Its fun for us to puzzle over the strength of hewlett packard. Deckers down 3 because of the warm weather impact on uggss that whats behind coach today . Thats what i regard as productive use of my time. But unfortunately, thats not the case for many of you and in many ways, its not what you need to hear. In fact all those issues i just mentioned, arent even mildly important after the big things we battle every day. First lets tackle the fiscal cliff. Im beginning to hear a ton of blow back about how he talk about it too much. Jim, give it a rest, will you . Im getting a feel of how our rise above campaign is still warm, because the politicians arent going t
On wall street. Yesterday we heard from j. P. Morgan and wells fargo. Brian moynihan is reporting a great Fourth Quarter. Scarlet fu has more in the newsroom. Break it down for us. Quarterly profit at bankamerica could quadruple in the Fourth Quarter thanks to approving credit trends. Relatively strong sales and trading numbers and a favorable tax rate as well. Earnings per share in the Fourth Quarter up . 29 compared to the consensus of . 27. Revenue coming in higher than anticipated, 21. 7 billion. Over the past month, eight analysts ratcheted it down. The bar was lowered. Pretax litigation expense. It is a noisy quarter because of these onetime items. A 2. 1 3 billion charge there. One investor who was on surveillance said he is not exactly sold on bankamerica yet, even though it is leveraging the bank economy. Because of the legacy issues that remain. Jpmorgan at ahead in terms of resolving the sales of defective mortgages leading up to the housing crisis. Rising Interest Rates hel
Good morning, everyone. Welcome to a special edition of squawk box here on cnbc. Im becky quick and this morning i am in a suburb of omaha ham, nebraska, called la vista. Joe kernen is back at cnbc headquarters on the east coast. Our special guest this morning is Berkshire Hathaways Warren Buffett. Weve been soliciting your questions for mr. Bust over the last several days and as always, he he didnt disappoint. You have emailed, tweeted, facebooked and shared your thoughts on linkedin. Before we get to that, joe is going to give us a quick rundown of the mornings top headlines. Hey, beck. I know the sequester is hitting everybody hard, but this is your new set up there with the boxes and the usually we can splurge a little bit more. This is affecting everyone, i think. This it is. But this was a purchase. Berkshire never gave any numbers on this, but it was reported that this was a purchase of about 500 million. Whoa. But it was what we twauts the companys most recent acquisition. He s
ONPASSIVE Technologies Pvt Ltd, the global provider of predictive, intelligent business automation services, today has announced its business motto, goals, and the whole purpose of ONPASSIVE for those who are still trying to get a clear picture as to what the company does. ONPASSIVE is a Software Development Company that builds fully autonomous SaaS products using the