We always look to see what the us. Operators are doing. Some of my peers do a great job of tracking whats going on in asia which impact the current. The consensus is around 50 Million Units for this quarter and what were seeing is the operators arent seeing their customers upgrade their phones and that gives us a little bit of concern over whether theres a change in how people are holding on to their phones longer and we were totally wrong on this six months ago. I thought that with the payment plans it would be easier for customers to upgrade. They wouldnt charge you 2 or 300 up front. It would be zero down. I thought that would stimulate more upgrades and the exact opposite is happening. We saw a little bit of this in the Fourth Quarter and it got really dramatic in the First Quarter and youll see at t and verizon and others report. Youre talking about a potential game changer here. Structural changers is the move in your note. Are you waivering on your buy call. Thats an issue. It c
Grapt many of the offenders new hearings about will grant many of the offenders new hearings about the classifications. Hundreds have come off and i heard reports of 40 a day hon of thely its almost honestly its almost impossible to gauge how many are coming off a day. Reporter the court is considering the consequences when phonedders are classified. Offenders are classified and ordered a higher Legal Standard to determine if an offender is level one, two or three. And until the process is complete, the system is wiped of their names. I feel like they are protecting the rights of the offender and leaving the public vulnerable. Reporter last week a level three sex offender moved into this neighborhood. Police i did tributeed flyers and information to nearby residents something they wouldnt be able to do if offender was declassified. This neighbor didnt want to be identified. They have a record of consistent activity i think that this probably is no help andthey are putting them out repo
Equity funds. Now we want to know, would you put your money to work in potrelated businesses . And youre going to love this story. We get the brutal truth from pepsi ceoindra nuie. This is the true story about how she told her mother about a huge promotion at pepsi. Listen. Let me explain something to you. You might be president of pepsi pepsico. When you enter this house youre the wife, daughter, daughterinlaw, youre all that. Nobody else can take that place. Leave that damn crown in the garage. Leave the damn crown out. It gets better. More brutal truth from pepsis ceo coming up later. Tyner is out but susan is at the big board. Absolutely, bill. So good to see you. The dow is 25 points from 17,000. Year to date the dow is swaggered really. Its up 2. 3 . The s p and nasdaq up almost 7 . Theres another big story. Tenyear note. Take a look at the yield which crests above 2. 60 earlier this morning which caused a little bit of a pull back in stocks early on. Now were at 2. 625 . Seema m
Good afternoon everybody. Happy friday. I thought i would take some questions but first let me say a few words. This morning we learned that our economy created over 200,000 new jobs in july. Thats on top of about 300,000 new jobs in june. So we are now in a sixmonth streak with at least 200,000 new jobs each month. Thats the first time that has happened since 1997. Over the past year we have had more jobs than any year since 2006 and all told our businesses have created 9. 9 million new jobs over the past 53 months. Thats the longest streak of privatesector job creation in our history. And as we saw in wednesday the economy grew at a strong pace in the spring. Companies are investing, consumers are spending, American Manufacturing energy, technology autos all are booming. Thanks to the decisions we have made and the grid and resilience of the American People we have recovered faster and come farther from the recession than almost any other advanced country on earth. So the good news i
That stock soaring today after meeting expectations on earnings. This company now has a higher multiple, higher market capitalization than wall administrator. Probably higher multiple, too. Yeah. Im sure it does, as a matter of fact. But is it justified . Well talk about that coming up, as well. Heres the markets right now. Final hour of trade on this mid ferm tuesday and the dow slightly higher after spending the morning in the red. Higher by 22 points or so. The s p though is negative off by about 5 and the nasdaq off by about 14 and talking about whats off today, bill, may have something to do with the midterms and a question to explore. The price of oil as you mentioned. Fouryear low for wti which well get to here and the closing bell exchange. Mark spellman joining us here at the new york stock exchange. Amy wu is with us. John manly. Kenny pulcari and our own rick santelli. Why isnt the low on oil putting more downward pressure on the stock market hand it has . Im on the opposite