Radioshack before the bell. Amc movie theaters. T. J. Maxx. Linkedin. Do you do at a Shareholder Meeting . You fire up the phone and say here is what we are going to do. Having been to walmart, not a lot of substance. You are also fighting off protesters. General motors fighting off matthew miller. Is in detroit. Angela merkel meeting with David Cameron in sweden, the Northern Lights this time of year. President obama taking questions today regarding student debt. That is a real problem. A huge problem. A data check. Stocks, bonds, currencies and commodities. S p futures, down they go. 250 up to 2. 61. Figure broke a big deal. That is a weaker euro. Maybe that is the headline item. Rounded up. Drama here. When irude is 1. 10 walked in the room. Look at the vix. Shows a complacency. The ft makes a big splash on that today. Breakroom near 110. Has beeniant raoul stronger over the past number of days. Here is the news for pros to my which shows how unusual central banking is. The italian
Just like you. Go national. Go like a pro. Well, it might have been the coolest picture of the day. But this is the coolest video of the day. No, it is not a giant foam party. Its a sea foam invasion in an australian town. This is in mooloolaba. It is where that sea foam is just coming up like i dont think anyones seen it before. Thanks for watching street signs, everybody. Closing bell is next. Hi, everybody. Good afternoon. Welcome to the closing bell. Im maria bartiromo. The dow struggling with the win streak. Im Scott Lautner in for bill today. Were on top of a market thats making front page news. Which stocks are leading us on this run and which could put us over the top for new alltime highs. A what were looking at into the mile stretch. What has apple been punished for. Has this massive slide been warranted . Plus a huge earning report from yahoo out in an hour from now. Well have the market moving information right here first. Lets check the markets as we approach the final hou
Jonas max ferris is in the herbalife corner. Fox news contributor. Andrew keane is representing the ackman team. The whistle blows] melissa you know what that means. Jonas, what do you think . The guy is right, it is basically a multilevel marketing pyramid schemes like a lot of businesses are and selling placebo like elixers and aloe and problem is that is not illegal. Cvs, walgreens, whole food sell stuff with questionable nutritional benefit at very high markup. The government will not step in and crush it up, which is only way to make the short bet of a billion dollars melissa i will stop you there. I will let andrew in. Problem they run out of people at bottom of the pyramid that is when the gig is up. How many markets do you have to exploit people to go out and sell this thing. What do you think . Look the way the stock traded. It was 45 when came out with the claims. Stock went down at 25. Did ackman come out and buy the short, absolutely not. He thinks the stock is going to zer
With the republicans, which is a disappointment to me. Theyve talked some happy talk about doing revenues, but we only have a couple weeks to get something done. So we have to get away from the happy talk and Start Talking about specific things. As we head into the fiscal cliff negotiations, my advice to the president would be seems like our friends on the other side are having some difficulty turning off the campaign. We need to sit down and work this matter out. Behind closed doors. Even with the fiscal cliff looming over the markets, our own jeff cox with cnbc. Com says theres a growing bit of optimism about the outlook for next year. Take a look at some of the predictions from some of the streets biggest names regarding the s p 500 for next year. Its quite a chapg for Morgan Stanley, by the way, whose 2012 forecast was for the s p to close at 1167 on december 31 of this year. Wow. Theyre expecting a mega rally next year. He hates having to come up with a number for next year, but h
Cliff. Wall street, tripledigit gain, up 120 point on the industrial average. Banks in the lead, 13,353. Last trade in the Dow Jones Industrial average on volume which was modest. Nasdaq composite up and 3053 and the s p 500 picks up 16 points, better than 1 on the Standard Poors at 1446. Markets continuing higher at the close. Are there more gains ahead . We bring in right now Liz Ann Sanders from Charles Schwab and alan gael and eric steuben from russell investment, darryl pearl from epoch investments standing by who will give us a reaction to the oracle earnings once those numbers cross the wires. They should be coming out momentarily. Heres the number to look for, 61 cents a share on earnings is what were expecting on revenue of 9. 02 billion. As soon as we get the numbers well see how oracle is doing. Liz ann sanders, deal or no deal . Whats your take on all of this . Well have a deal. In the first step of the process and then whatever the makeup of the deal will become more impor