Money. This is Varney Company and we are about to begin. Stuart apple sold 44 million iphones in three weeks. Look at that. Those very strong numbers. A big beat, as they say. Caterpillar did better than expected. Look at the big board. We are down a little at the moment. Industrial company. Is that good enough . Charles an enormous campaign to crush the market. A lot of pros. If i am a hedge fund manager, why would i follow the overall consensus. Stuart he is talking everything down. Charles they are all talking at down. Down 17,000. I think people should look at the right numbers and tune out the rhetoric. Stuart i want to get to facebook. It is all about mobile. No calls. A billion active mobile users. Nicole mobile ad revenue jumped 30 . The number of active users we should also talk about apps. The advertisers are loving them. There you go. Stuart thank you very much. The fda, they are proposing new rules that they say will make e cigarettes. They must place warning labels on thei
Repeated that statement leading to the backpedal but as we have reported here extensively he has changed his mind on comprehensive Immigration Reform at least 10 times since last july. On april 24th, he openly mocked his republican colleagues for not going along with the Immigration Reform. The appetite amongst my colleagues were doing this is not real good. This guy is back here with a camera but here is the attitude. Dont make me do this. This is too hard. You should hear them. Of february 6 he declared Immigration Reform is no longer on that house agenda this year. There is widespread doubt whether this administration can be trusted to enforce our laws. It will be difficult to move any immigration legislation until the change. Lou one week earlier he pitched in amnesty proposal at the retreat to tell reporters that oppose retreat News Conference i think it is time to deal with it. With his weekly house leadership News Conference he said he was undecided october 2013 was hopeful of a
Including the Worlds Largest retailer, walmart. That report is expected at 7 00 a. M. Eastern time. Kohls expected to report. After the closing bell this afternoon, we hear from troubled retailer, jcpenney. Right now we see the Dow Jones Industrial average basically open flat. The tenyearyearolds, this is such a big focus. 2. 53 . Were looking at multimonth low there. Again, the mystery remains, why is it so let that chart up. Weve been talking about. You can remember, i really initially in february, it looks like it was late january or february, if we were going to go 3 anden was saying wed do 3 , it broke down from 2. 85. Becky and i had a bet when the tapering started. It was 2. 876. It would close above or below that . Weve been waiting for above 3 for so long. All those moves there, up down, up down, up down. Is the bond market so big and so much smarter than every other market, is it saying 3 is not doable . We have had guys come in here and give every other reason other than the
Folks joining us. After the close today, we have some big earnings out. Hewlettpackard. That tech bellwether, of course. The gap. Well get those numbers right after the close today. A latebreaking story this afternoon. Billionaire mark cuban making some headlines today in an interview about racial issues in lift Donald Sterling l. A. Clippers saga. Mark admits to his own prejudices and bigotry. In no way were the comments comparable to what Donald Sterling said, but does this put the nba in a position where it has to respond. Will sterling try to drag down cuban with him . So many questions. Youll hear what cuban said in his own words. A full report is coming up in a little while. With an hour to go into the close, the dow is up 28 points. 1,6561 is the level. S p 500 finally up eight. Joining us on our Closing Bell Exchange for this thursday before big holiday weekend, heather hughes, peter andrews, jim lowell, Gerard Fitzpatrick and our own rick santelli. He should be in there somewh
Homes. If you dont have that, youre not in any rush to get out of your home or to try to buy another home because you simply cant. That means millions upon millions of americans would like to be part of the housing recovery who simply cannot. Welcome, everyone, i am neil cavuto. We have our fox business allstars here tonight. Thank you all for being here. How big a deal is this . It used to be close to 35 at the height of this meltdown. So we have slides that almost in half. It is extraordinary how much there is out there as far as people under underwater. We are right on the precipice of yet another housing crisis area the terms of affordability, we are going to watch politicians offering programs lowering credit standards. If they go there, we are in trouble and we are going to see ourselves in the economy be impacted. Neil so it will put us in a deeper fix. But the argument for extending that repayment plan, if you dont want all these guys suddenly in the market en masse, but a lot