World demand for gold, despite the fact that people are wary and nervous and skittish about the future, world demand for gold in places like india is slowing down a little bit. They may have bought enough right now. It may just be temporary, but for now its not looking good for the price of gold. Liz allimportant jury season in india not as robust as everybody thought. The drop in gold sending some etf slower. The junior Gold Miners Exchange Traded Fund seeing a big drop, as you can see. More than 4 to the downside. Components include perseus mining. Medusa. David as michael pointed out, apple is falling again. A market cap is below 500 billion for the first time in six months. Can the stock gained strength . We have William Power, an analyst. As 750 price target that he is sticking with. This guy really knows apple inside now. Details about what is account for this very important stock. Liz a lot of people focusing on taxes that might go up in the new year, what your waistline my shri
Lot of negative effect dictation the average analyst estimate was 19. 3 9 billion. This bite making 20 billion, the revenue was down by about one percent year on year. Citigroup is primarily blaming currency and commodity. Lets take a look at that. Revenue came in at 3. 8 billion for the First Quarter. Sequentially, this was not terrible. Youre on year, that is where it gets painful. It is down 18 . Training trading down 18 year on year. Net interest margins, how much citigroup makes, what they have to pay out in terms of rates and what they make in terms of rates comes in higher than last quarter, 2. 9 last quarter, under by about 2. 8 . We will pour through the numbers. The calls coming up later on the the stress test could not return the capital like they wanted to. How do they resubmit the test, will they be able to return capital to shareholders, and how much will it cost to do that . There are still a lot of questions here for citigroup. In 1. 30 percoming share, one percent year
The stocks a buy for a long term. And it is the single biggest threat to the Global Economy. Cnbc contributor ron asana wrote a marv his piece about it on cnbc. Com. Its something weve not had to deal with in this country in my lifetime. He will join us to explain. First, to josh lipton out in Silicon Valley with breaking news. Tyler . How much is uber worth . How about 17 billion. The Transportation Service just out with news that it has raised 1 1. 2 billion in a new funding round valuing the startup at 1 billion. The company says the total amount raised will actually grow to 1. 4 billion once it closes deals with some other investors. Uber does face some challenges, no down. Raising money does not appear to be one of the them. Taxi companies have complained about the encroachment of uber in their space. Travis kalanick will be joins cnbcs closing bell for an exclusive interview at 4 30 p. M. Eastern. A 17 billion car service company. Bertha coombs now for a market flash. Hi, bertha.
Just got again knocked off that horse, get back on again imus, imus, imus in the morning less money in your wallet . A record amount spent on food stamps and spending, three big numbers that tell the stewart. Good morning, stuart is going to be back tomorrow, today here is the big story. 200 billion dollars, how much spending power the fiscal cliff bill takes out of our pockets accord to go Goldman Sachs. The combination of payroll tax cuts exspiring and higher rates on the wealthy hitting the economy hard. The second number, 80. 4 billion, now, thats a record amount of your money the feds spent on food stamps in the last fiscal year and the final number, thats zero. Thats how much in spending cuts president obama and democrats are willing to give in the next round of debt talks. But wait, theres more. Cash for clunkers, the grand plan to get the Auto Industry on track. Its not only bad for the economy, but hurt the environment as well. Varney company is about to begin. Karen anjeremia
Then the defendant will go into the custody of the federal bureau of prisons, and then they will determine whether he goes to adx or goes to terre haute, awaiting the appellate process, but we have nothing to do with that. The federal bureau of prisons will then be in charge. [ inaudible ] to a point that you or Law Enforcement a particular part of this case something you that found that really drove you guys to the Death Penalty how do you feel about what [ inaudible ] tsarnaevs behavior that made him think we need to [ inaudible ] when you look at the crimes that occurred here the heinous gravity of the crimes the number of deaths you know a child was murdered with a weapon of mass destruction. Another young two young women as well. A Police Officer was executed in the line of duty. And so when you look at the gravity of the of the harm and in particular as well the many many victims who became every amputees and many others suffering with many other forms of injuries and then you lo