trucks that could involve but a very hefty bill for fiat chrysler, of course. it s no surprise that investors are not liking this news. we ve seen fiat chrysler shares trading in milan at about 2% down this morning. they re due to report thursday. it will be interesting to see if we get further update on what that financial toll could really look like. nancy, it was a rough week on wall street last week. what are investors watching this week coming up? it s another very busy week for earnings as you know. one of the big losers we saw initially reporting earnings is apple. taking center stage with the likes of twitter, reporting earnings and some concern with user growth. they haven t been able to maintain steady use. they re playing down expectations saying don t expect any large revenue increases. more positive story they re hoping for out of facebook. facebook really expecting to show improvement in ad revenues.
admitted for not complying with safety emissions. we re talking about a dozen recalls involving 11 million popular vehicles the jeeps and the ram. they agreed to this $70 million and then an additional $20 million to safety measures doing a large campaign on safety going forward and that final $15 million is related to further expenses if they indeed fail to go along with this agreement. that s the number we re looking at. arguably, ways what s more important, they ve agreed to over half a million buybacks largely impacts ram pickup trucks, their most popular selling brands dating back to even 2008. what s at issue here are concerns about steering problems in the ram vehicles. people who have the certain models affected will then be eligible to have fiat chrysler buy back those cars. the agreement goes they have to buy back those cars at the purchase price less dpreerks. we don t know how many ram
appropriately backgrounded know how to handle and use firearms to carry them. atf investigators say houser legally purchased his gun last year in alabama. but in 2008 court records show his family had him voluntarily committed involuntarily committed, rather to a hospital in the state of georgia. let s turn now to business as wall street tries to turn a page on a disappointing week. u.s. stocks sustained their biggest weekly loss in months. we ll get to what s moving the markets in a moment. first i want to ask you about the big news coming out of detroit on fiat chrysler. what s the latest on that front? they ve agreed to a record-breaking $10105 million penalty this larger than the $70 million fine we saw honda pay in reference to the takata air bags. $70 million fine just for the wrong doing that fiat has