A billion. I did not say that, jim. Youre my hero. You know that. Mark haynes introducing cramer for the first time here. The first time on cnbc. Oh, i loved them. This the networks 25th anniversary. Well bring you highlights later in the morning. Welcome to squawk on the street. Im Carl Quintanilla with jim. Faber is up town at the nasdaq today. Hell bring us key interviews including Morgan Stanleys james goreman later on. Massive day for earnings. Big cap banks, industrials, tech, s p on track for the best week since july. Dragged down, though, in part by ibm today. The tenyear yield crept up to 2. 66. Claims up just a touch. Europe hanging on to some gains before the long weekend the road map will go like this. Earnings, lots of earnings. The blue chips, goldman sachs, Morgan Stanley, am mex and ge beating expectations. Google and ibm reporting quarters that were disappointing. Pepsi profit and revenue ahead of expectations. Chipotle, mixed quarter, missing estimates but revenue bea
Big headwinds facing the market, and the Obama Administration saying it is ready to act in syria if needed. Secretary jack lew on squawk saying moments ago the president will not negotiate over the debt ceiling. Good news for tiffany, and luxury, in that it was boosted by sales in china. And the end of the era, bill ackman is bailing on jcpenney, and they are looki in ing to ses shares. And we will look at the new home sales to be released. Treasury secretary jack lew telling our own john harwood that the president will not e negotiate over the debt limit which could be reached in midoctob midoctober. Take a listen. We wont be negotiating over the debt ceiling and congress has authorized funding and committed to expenditures and now the question is do we pay the bills that the United States has incurred. It is the only way for that to do is for congress the act and act quickly. What we need in the economy is certainlity, and we dont need a selfinflicted wound or crisis at the last minu
Fiduciary Management Inc. WI reduced its stake in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 6.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,591,078 shares of the semiconductor manufacturer’s stock after selling 252,111 shares […]
Fiduciary Management Inc. WI decreased its position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,591,078 shares of the semiconductor manufacturer’s stock after selling 252,111 shares during the quarter. Micron […]
Mmbg Investment Advisors CO. cut its position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 0.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 106,190 shares of the semiconductor manufacturer’s stock after selling 460 shares during the quarter. Micron Technology accounts […]