Cut reduction. Production. Police battled prodemocracy protesters in hong kong. Patience is growing thin for the protest. A blow for Prime Minister abbe in japan. The Credit Rating was cut by one level. Is uncertainty about japans plans to increase growth and cut the deficit. The economy make the focus of his campaign. Had aent barack obama series of meetings about the unrest in ferguson, missouri. Black friday fizzled with consumers. Consumers did not spend as much as a year ago. This is according to the National Retail federation. Shoppers were confident enough to skip the initial rush for lower prices. We have breaking news right now. Researchers have just released a report stating that hackers with wall street expertise have stolen mergers and acquisitions data from more than 80 companies over the last year. Olivia sterns has more. Says that areport group of hackers with market expertise have stolen information from more than 80 public companies, more than 100 companies in total we
Two feet. Boston may top attitude feet instead of three. More than 7000 flights have been canceled greater the travel ban has been lifted along with several neighboring counties. Policymakers will start their meeting today. They are not expected to raise Interest Rates. Inflation slows down. The yield is approaching a record low. A number of earnings reports to talk about. Caterpillar came up short. The maker of heavy Construction Equipment missed wall street estimates. At procter gamble, it fell 31 . The stronger hurt sales. Fourth quarter your earnings earnings beat expectations at pfizer. The new Prime Minister of greece is filling out his cabinet. It should not be a fries a surprise that he picked someone who is a critic of the greek a lot. A lot. Bob kraft has gone on the attack. He said if the nfl finds his team did nothing wrong the league should apologize to him. The nfl probe is focusing on a locker room attendant. This is according to fox sports. Bill belichick said the story
Benjamin netanyahus speech not only left president obama on moved, he did not even see it. The Prime Minister asked lawmakers to stop negotiations with iran. The white house says there will be no change in talks aimed at stopping iran from Building Nuclear weapons. Homeland security gets the money it needs to stay open with no strings attached. The house passed the Department Budget yesterday and send it to the president to sign. Only 75 republicans voted for the bill. New details about how Hillary Clinton controlled her email as secretary of state. The Associated Press reports she used a private server. That gave her total control over access to her message archive. Federal rules call for all official email to be preserved. Opening statements are scheduled this morning in the Boston Marathon bombing trial. Prosecutors are seeking the Death Penalty for dzhokhar tsarnaev. His lawyers say his older brother planned the attack. He was killed during the ensuing manhunt. Three people were ki
We had here. This beats out the money wells fargo and any other bank. 8 million dollars, slightly higher than what analysts were looking for. They were looking for something in a neighborhood of 5. 2 million and certainly from the Fourth Quarter when wells fargo put aside 485 million. The bank indicated it would build some reserves for potentially bad oil as those Companies Facing challenges because of the falling oil prices. Efficiency ratio of 50. 8 . This is an important indicator for their ability to keep their costs under control. Management has been a big theme as they have been waiting for some kind of loan recovery in this not sluggish economy but moderately growing. In terms of what kind of movement it is having in the premarket right now, im looking for the wells fargo share price, and it looks like. 5 higher. A stock is trading higher in the premarket after First Quarter increased 12 . I also have the Net Interest Margin for wells fargo. Wells fargo relies so much more on Co
Grubhub is going public. They are valued at almost 2 billion. That is a lot of orders. We will bring in mike mckee. A lot of people in the markets say the ecb should do something but will not today. They are too cautious. It is not just that inflation is half a percent. It continues to trend lower. A very low rate of inflation hampers the euro zone economy from growing. Mario draghi has a couple of options. They could end the sterilization of the smp program. They add money to the monetary system. The ecb drains it out. That adds more money to the system. They lent money to banks. Or you could do a fed style qe. What about standing with mario draghi . Not publicly at this point. Some extraordinary action might be justified is Economic Conditions continue to worsen. He walks that back a little bit. Their biggest concern is that the euro has continued to strengthen. That is bad for the european economy. We might see an effort to talk. Hem down that columns some of the fears and raises in