apple placed huge dhip orders with japanese chip rival elpida. china mobile is currently the only chinese operator that does not officially carry this devise. and ge is buying two equipment mining firms. ge s trying to boost its presence in the $61 billion industry. nyse says it s out of the race to buy on the mellon exchange. it s report add $1.3 billion bid for the lme was deemed too low. over to you, joe. a few early stocks to watch. let s start with jc penney. reporting a first quarter loss of 25 cents a share. much worse than expected. same-store sales were down almost 19%. the company also ending its dividend to help pfund the multi-year overhaul under new ceo ron johnson. earlier this year the retailers released hundreds of sales on most items. it s supposed to be the second coming up supposed to be the apple store. i don t know. you could change the logo, you could give a big presentation. remember the presentation he had? ? we were you out and about? i ve been