News state Department Correspondent margaret breman for analysis on syria and ukraine. 60 years of news because this is face the nation. Captioning sponsored by cbs good morning again it is fairly quiet on the streets of ukraine this morning, but the situation is far from settled. For latest were going to cbs news correspondent holly williams. Good morning, there has been a week of bloodshed here in kiev weve seen deadly clashes between antigovernment protesters and riot police which led scores of people dead. Yesterday the demonstrators woke up to discover that they were suddenly in control of ukraines capital. The riot police had simply melted away interior Ministry Says it was now on the side of the protesters. Ukraines president ian has fled the city now in Eastern Ukraine there. Is a biggy graphic divide in the east, they tend to favor close ties with russia but here in the west the protesters i yanukovych is corrupt. During these three months of demonstrations, russia has traded
More cash to shairps shareholders. Sears shopping for buyers for its canadian unit. Eddie lampert making more changes to that retail empire and sony, negative results again. More record highs for the s p and dow despite the soft data. Will we see new highs today . Another acquisition for yahoo . Marissa mayer scoops up snap chat rival strategies by a thousand buys blink. Youll miss another one. Whatever that meant. I dont know what i just said. Alibaba liked it. First up, though, macys did report First Quarter earnings of 60 cents a share, Beat Estimates. Retailer says comp sales down 1. 6, hurt by the Winter Weather and macys earnings released Terry Lundgren says sales trends did improve in april when weather started to improve. Announcing a 25 Dividend Increase and boost in the share buyback. The story on m is margin control. Despite the decreasing comp held vndsers to the fire. Got operating margin, 7. 1, looking for 7, gross margin 38. 9. Thats in line. Did they squeeze toomey . I
The s p 500 after earnings confirm the Company Continues to bring in huge sums of money but has razorthin profits. Is the street sending a message here to Ceo Jeff Bezos that its time to turn the spigots on and make some real money . If theres trouble at home, is there trouble for the entire economy . Mortgage lending plunging, even though we have become the spring housing season and rates e re main historically low at about 4. 5 . If the housing recovery stalls, what does that mean about the broader economic recovery . Well have a special report later on the closing bell. In the markets, how were shaping up on the last trading session of the week, the Dow Jones Industrial average down triple digits, 147 points at this hour heading for the second down week in three weeks. The s p 500 right now in the red, declines of almost 2 , that was the nasdaq, 1 on the s p 500, the nasdaq behind the three, pressure on amazon and technology stocks. The nasdaq down 74 points p with an hour to go, ty
Dow starting off from this second record close in 2014. Both the dow within 1 . Mergerish monday. Pfizer presses its case for a tra s stra seneca. Ibms ceo saying the company is facing a rocky time. Geithner saying the country is stronger. Some are taking issue with his recount of how we got there. Stocks are poised to end with the second record close of the year. Lets start the week by talking markets guys. Strange that we get this record. And the russell close to that ten percent. I dont think we should be talking about bubbles. I think we should be talking about the incredible shri shrin bubble. They lead the biotechs and they are all about the money going from high multiple difficult to value stocks to kind of classically valued companies that are 17 times their general. 13 times, not many 20 times. I think this is unnatural. Not unlike what happened during the second week in march. Four of the top five stocks were nasdaq stocks. But im saying dont fret. It is happening, it is happ
Hello, again, im martha raddatz. Great to have you with us. Were tracking breaking news this morning. The capture of the man some call mexicos osama bin laden. One of the most wanted criminals in the world, and the top illegal drug dealer in the u. S. Drug lord Joaquin Guzman, known as el chapo, or shorty, notorious for his global empire, his ruthless reputation and his legendary ability to elude police. That is until this weekend. Abcs senior justice correspondent, pierre thomas, is here with us with the latest. Pierre. Good morning. You cant overstate what a huge figure he is, so vicious, innovative and crafty. There are even suspicious today he may have changes his appearance through plastic surgery. It was a stunning sight, the most powerful drug lord in the world in handcuffs after more than a decade as a wanted man. Law enforcements long quest to catch Joaquin Guzman ended at this hotel at 6 40 yesterday morning. Mexican authorities acting on intelligence from American Drug enfor