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Transcripts For FBC Markets Now 20130508

that affected their same-store sales numbers. however, here in the united states of america, they actually posted a small improvement. back to you. lori: nicole petallides, thank you very much. ashley: another week, another record for our inventory. phil flynn of price futures group in the pit of the cmd. traders want more. probably the most and 85 years. obviously, the strong stock maaket seems to be indicating a stronger market. if you look at the impact in gasoline and the heating oil, that is what has been getting a lot of play. it may be a sign that they expect gas to improve. ashley: brent and west texas crude is hitting the lowest level since january 2012. we are finally taking advantage of all the oil production we have in this country. because the supply went down a little bit, there is an expectation we will be able to export it to the global market. that is exactly what you are seeing right now. ashley: terrific stuff. phil flynn, thank you so much. lori: the c

Transcripts For KGO America This Morning 20130409

north korean missile and would do so only if it were a direct threat. also this morning, north korea warning tourists and foreigners in south korea to device evacuation plans. secretary of state john kerry is on his third trip to israel in the last two months and will urge them to a new peace process involving reviving parts of a plan embraced by arab leaders a defense secretary chuck hagel is also scheduled to visit the region within days. queen elizabeth has authorized a ceremonial funeral for former prime minister margaret thatcher next week. flags are at half-staff at buckingham palace, parliament and 10 downing street. she died at a london hotel following a stroke. americans can sign a condolence book today at the british embassy in washington. we ll have more about thatcher s influence on pop culture later in the broadcast. today marks the ten-year anniversary of the fall of baghdad. now, this is the image that is seared in our memories from that day, the statue o

Transcripts For CNBC Squawk On The Street 20130409

more for six sessions closed exactly flat. that is 0.00%. our road map begins with the shake-up over at penney. out with the old and in with the new kind of. ron johnson is out as ceo. ullman get it on track? it s looking like another black eye. bill ackman, and we ll break down what it means for him. he made a big bet on the retailer and his herbalife short. that s also been under fire. alcoa kicks off after the bell and jim will give us his take on what they said and lay out the broader market. we will start with penney. the struggling retailer announcing ron johnson stepping down as ceo after a year and a half on the job being replaced by myron ullman. ron johnson was on the show in january talking about his growth strategy. take a listen. if i had to do it over again i would do it almost like we did it. i would change some of the tactics and i would be more clear in pricing, but we had a business model that didn t have any growth in its future. every business needs

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