Win streak. Data coming out as well. Ibm kicking off its investor day. Ceo ginny rometty. An exclusive interview. Net neutrality, the fcc taking up what has become a contentious issue. But waiting on important details for Internet Companies like google and netflix still to be determined. First up wall street digesting Economic Data ahead of the opening bell. Consumer prices down. 7. Strip out food and Energy Prices up. 2. Durables nice, above expectations, above 2. 8. Weekly jobless claims jumped to 313,000. Dow closed at record high. Nasdaq ended the tensession winning streak. Within a stones throw of 5,000. A level at which its closed only two times in history. Take it out today because theres a lot of good chatter in individual tech names. I would tell you we had a gauntlet this morning with the runthrough. When you get through a gauntlet nothing that is earth shaking, whether claims durables, inflation. Ive got nothing earth shaking. I dont feel its going to do anything other than
Caroline Benjamin Netanyahu claims victory in national elections. We are live in tel aviv with the latest. Manus today marks the First Anniversary of russias annexation of crimea. We will bring you exclusive coverage from the wartorn region. Mark welcome to countdown. I am mark barton. I am Caroline Hyde. Manus and i am manus cranny. Mark will Prime Minister Alexis Tsipras exit the euro . We bring you the latest as greece runs out of cash and time. Caroline were getting some news from into text. Fullyear sales, 18. 1 billion euros. That is an increase of some 8 on the previous year. They are leading analyst expectations when it comes to give it to to ebitda. They also proposed a dividend. They said store sales rose 30 . The issue here is what is it when you factor in foreign currency changes . This is a country whose number three market was russia. The russian ruble has lost about 30 since june and they have about 400 shores 400 stores in russia. That is going to be impacting them. Now
Performers in the s p and google and microsoft both reporting in three hours time from now. Plus the water crisis in california. Beverly hills making a big move in the last few hours. Were spending much of our time in the golden state covering the Economic Impact of this severe drought. By the way, that is where we find Brian Sullivan. Hes right off the 5 just northeast of los angeles in castaic castaic. How are you going . Reporter im going all right. I think im going better than this reservoir here. This is a major crisis in california and the Economic Impact too, not just environmental, cannot be overstated. Los angeles today saying it is going to rewrite the water rule book cutting landscape watering to two days a week from three. Officials are debating what parts of los angeles are worth spending water money on and which parts are simply not. Too far gone already. Beverly hills, the posh enclave issuing its open water rules. Fining Property Owners 1,000 each for water violations f
A year ago. A little bit of perspective. Home prices rose a modest just under 1 . What does that suggest . May be a slowdown in the works. Everyone has wondered about that. Housing is not the only bright spot. A handful of Retail Stocks touching an alltime. Nicole petallides on the floor of the New York Stock Exchange to talk about sparkling retailers. Reporter the day after thanksgiving. Amazon already started their black friday deals. Every ten minutes they have some sort of deal. That is really what theyre going to see with the holiday season. In the meantime, stocks are doing so well. Moving some highs. Macys, tiffany, and walmart as well as limited brands. But you look at these names doing well and touching highs. But also outperforming the s p 500. But they are still a performers with amazon of over 50 year today. Limited branson 38 . Tiffanys up 54 . Doing so well not only here at home, but also abroad so much so that they raise their fullyear numbers. Japan and china. Ninetysev
You may see your thanksgiving travel plans disrupted. Wind, heavy rain, snow, freezing rain, just as the holiday gets going. Not good for the malls, but excellent for the online guys. Now, look at this. Hunger games catching fire, Huge Box Office for movies that you can invest in. Varney company is about to begin. Stuart we will start with your obamacare update. If you get your Health Insurance from your employer, here comes sticker stock. The wall street journal reports that obamacare forces more people to enroll in a plan from their employer to avoid those fines, that pushes employer plans up because of the extra people and that means premiums and especially deductibles will go up for millions of people. Youre going to pay more, a lot more. Another prominent democrat distancing himself from obamacare, minnesotas senator al franken says he supports a delay in the individual mandate if the website problems arent fixed by the end of this month, five days away, aint going to happen. Fran