Jumping. Wait until you see whats happening on the ground in iowa. Meanwhile, though we begin with the markets and those 1 gains or thereabouts. Lets get the trading action. Bob is live at the new york stock exchange, Bertha Coombs following the movers at nasdaq. Bob, you go first. Another big story on the floor today is avon. Whats going on with that one . We just had a wild morning here. This post was filled with almost 100 traders. They have halted three times on whats called a volatility halt. That is for unusual trading action. Apparently there was an erroneous and false report that they may have had a takeover offer. Now, were trying to sort all of this out. Again, it appears that it was erroneous and false but the important thing is that three times the stock was halted. The company did not make a clear statement down here so absent that, it couldnt be halted because the company had a statement to make. It could only be halted because we had circumstance breakers kick in as a re
Every other day from now until may. utilities Public Commission says that they cast their customers to reduce water by 10 percent voluntary. San Francisco Officials Say theres still time in the season for more in the fall in the next undersold before they would have to make a decision on whether to root resort to mandatory rationing. For customers trade center of Water District asked for 10 rate reduction in military. when kelly once a voluntary water reduction by 25 percent. governor jerry brown has of course as you know declared drought emergency in california. Hes trying to get everyone to conserve water by 20 percent. and every day this stroke was on our behalf the tighten the screws on what people are doing its military now. We will keep monetary the situation every day. Though flushed more than half to dont shower more the need to. Turn the water off all your shaving and brushing your teeth. tonight at 6 00 will take a look at how california handled the last big drought. on the a
The museum built at a cost of 700 million is designed to capture the raw emotions of that day, the panic, heartbreak and of course the heroism. We are at the ceremony. Give us your impressions of what you ever all right seen. Its gray day, going to be a somber day, but also spiritually uplifting day. We were uplifted when we saw the museum for the first time. Its pretty well known that america does museums on this scale very well and new york has served the country proudly with this museum. This is a very, very powerful exhibit, and its tastefully done, as well. I think that when people come here to see this, theyre going to be taken on a ride that will bring the emotions to the surface really very quickly. Now of course, there are controversies, not least of all the 24 fee that employees of the public ever to pay each to get in. Lets come back to the controversies later in this hour, put them to one side for now, because there are plenty of others as well. For now, lets take you on a
Gain since july and europe mixed for the time being. Our road map with more bad data from american retailers. Walmart sales and profits below estimates, kohls disappoints blaming on the weather or a weaker consumer. David tepper says theres a time to make money and a time to not lose money. Can you guess what time it is now . Cisco beats as sales fall. John chambers sends the stock higher. First up walmart did report numbers of 1. 10 a share, a nickel below, sales fell for a fifth consecutive quarter. The quarter forecast shy of consensus, weather shaved 3 cents a share off the q1 earnings, and kohls missed with quarterly results. Comps down 3. 4 , but walmart is the real story, jim. U. S. Comps down 1. 4, we were looking for a slightly positive number in this country. Comp traffic down 1. 4, really just not a great quarter. I like to scan these in preparation in coming up in the show and go over the release. Im looking for something positive, something that says double digit. So this
Culling the Upcoming Elections in syria a farce. While stopping short of offering u. S. Military aid. Kerry said he and partners remain committed to, quote, changing the dynamics on the ground in syria. Neither kerry or William Hague offered many specifics. Heres more with what sect kerr secretary kerry said at the News Conference with William Hague. Ask yourself, how do you have a legitimate election when half the people in your country are displaced and not able to vote . How do you have a legitimate election when another several Million People are in refugee camps, unable to vote . How do you have it when hundreds of thousands of peopleliterally, almost a million perhaps, are scattered in various countries in the region, seeking safety from assad. Its just impossible to believe that under those circumstances, where people are hunkered down in homes, intimidated and afraid to be able to come out, afraid of being forced to do one vote or another, just have no climate, no framework wit