Lining is in sight and that gave us a boost here on wall street. 12,471. Our heart of the day was 12,602. Not far off from yesterdays. You are seeing some financials here. They are trying to move along. Jpmorgan was in the red earlier today. Bank of america. Some of the financials are still in the red. Citigroup, goldman sachs, casebycase. It is not a blanket of of arrows across the board. It still remains. It is something they have to contend with sooner than later. Melissa breaking news right now. The fire is now out at the offshore oil platform. That is in the gulf of mexico. There was an explosion just after 9 00 a. M. Eastern. It was about 20 miles off the coast of louisiana. At this time, the coast guard, look at that, the coast guard cannot confirm any deaths. Two people are missing and nine people have been flown to local hospitals. We will bring you the very latest just as soon as we learn it. Lori bp is so fresh in everyones memory still. President Obama Meeting with congress
Area. We will see whether there is more interest in this market. They are always up aeros. We are also seeing intel. He would retire in may. The board will of both internally and externally. He has been with the company for almost 40 years. It has been hard for a lot of these tech companies. Demand has been week. They hit a new 52 week low, but now they have an up arrow. Connell we will shift over to the debt crisis. President obama reached out and spoke to some. Name ceos try to avoid going over the fiscal cliff. Dagen why is this a bad idea, Monica Crowley . This is what the president should be doing, should he not . If he didnt have a history of blowing off these ceos and their advice, and we would say, yes. Every single time he has asked them to come in and talk, nothing comes of it. He doesnt listen to any of them dagen maybe the fear is that we will go over the cliff. Most of the ceos that you just put up on the screen, warren buffett, a huge supporter of his support tax hikes. T
We will go to nicole petallides. Good morning. Nicole good morning. Lets take a look at what is going on here. Lets take a look at jardin restaurants. It turns out they are not meeting the analyst expectations. Lets take a look at the stock. It is near its lows of he day. Their earnings will miss the analyst estimates. Samestore sales dropping 3. 2 . As a result, sales have diminished. How about the major market averages . The dow is higher, but the s p and the nasdaq are lower. Dagen republicans finally pulling off their own plan to deal with the fiscal cliff. Connell the white house predictably saying, no deal. The parameters are there now. We can start to imagine what a deal may look like. I think that is right. They have been adamant in saying we want more revenue. They have kept the rates down. They have had spending cuts. I think they will find a deal just over a trillion in revenue. Dagen it is a turnaround for the republicans to say that we will raise revenue. How they get to i
Are doing so well for mcdonalds. Leading them right along. It is a top performer on the Dow Jones Industrials. Mcdonalds, we have to take a look at it. They are november sales are coming. All of these worries started to brew whether or not they donalds would launch a deal. They are back. They have winning numbers. They show growth of 2. 4 . As i noted, breakfast meals doing well here in the states. Of 0. 89. Allost 90, 89. 37. The Dow Jones Industrials, right now, are up one quarter of 1 . This is after wreaths. Weeks of gains. Last week, we gained about 130 points. The traders that i have talked to, continue to say the trend remains to the upside. Back to you. Connell thank you. Dagen president obama pushing his plan for dealing with the fiscal cliff in detroit. Connell peter barnes is in d. C. With the very latest on all of this. Peter neither side is dishing on the meeting yesterday afternoon. Both sides issuing identical statement that said the lines of communication remain open. T
Nicole they came out with numbers that were disappointing, and with that we have seen the stock down 11, 12 throughout the day. Down 7. 53. But basically they are not making the margins on the high margin items. Instead theyre having to sell a lot of consumer bulls and they just dont make as much on those particular items so as result Family Dollar stars under significant pressure. A nice 10year chart. It had a nice runup, but still selling off significantly today. Were getting two jobs numbers, weekly jobless claims somewhat disappointing. Adp little bit better, and tomorrow is the monthly jobs report and that will be so key. Holding onto slight gains after yesterdays wonderful day on wall street if you are a bull. Melissa peter, what is the count at right now . Peter john boehner, who is running for reelection can only afford to lose 17 republican votes, and so far but our county appears to have lost six. We have seen six republicans, conservatives, we have heard from some conservati