Revenue generated from baggage fees, from food and other annoying. Give you leg room, place to put your legs. Small stuff, you got to pay. How much more can the airlines squeeze out of passengers and into added fees impact which airline you choose to fly . And fear and loathing in silicon valley. They are the Companies Consumers are scared of and hate the most when it comes to privacy. We will tell you which ones they are. Lets check in on this busy day with sue. And we start with stocks struggling for some gains. They are Holding Steady right now. The nasdaq the biggest loser this hour. A number of sectors hitting new highs like the Consumer Staples and utilities. The big news, as you said, is in the oil market. Oil hitting a fouryear low after saudi arabia cuts prices that it sells to the u. S. West texas intermediate crude down almost 2. 5 . How low might prices go in. The Million Dollar question. We are pairing some of our losses. Oil down less than 2 at the moment. Allen harry is
Breaking news with mcdonalds. Secondquarter earnings is just out. It looks like a pretty difficult quarter for the company. One dollar and . 44 per share. For 7. 3ates were billion. Global con sales are relatively unchanged. The u. S. Was actually down 1. 5 . Look great does not either. It tompany is expecting be negative. In israel, more than 600 evil have died. State issecretary of calling on hamas to cease fire. Lets bring in elliott. What are the chances a secretary kerry has any ceasefire . He has i do not think he would come all the sleigh if he thought he had no chance whatsoever. It is a tough call. Lets not forget on the table is a ceasefire. Offense were rejected. They will not release prisoners who were arrested in the search for the murders for three israeli teenagers. That is let their demands were. The offer on the table has not changed since last week. It seems there are more, fan israel thought. Is there for ank longerterm offensive . It will carry out its operation and
Agony of those who make raw products wins out causing the dow to plunge 268 points. Nasdaq nosedive 1. 73 , worst day in ages. Its a good news, bad news game. Today the negatives won out. First, though, because im kind of optimism fella. Some are obvious. When we pump our gas, most of us are in disbelief how cheap it is. I cant tell you how many times i put out 60, 50 will do. I get a good spot when that comes back to me, but there are big losers on the other side, too. We dont see them. From the longest losers are countries considered hostile to our interest or produce terrorists that charged our world in horrible and heinous ways, members of opec. These days gasoline may come from oil produced in the united states, refined in the united states. This time the losers, some are closer to home and borrowed a ton of money to keep drilling, money that cant be paid back if prices stay as low as they are. 61 a barrel, it will go lower, because there is no discipline to production. There is g
Lunch. This hour first to sue at the nyse. Good to see you, ty, and the dow really remarkably is only slightly lower on trading session right now. We are well off the days lows because about two hours ago we were near a tripledigit loss. Right now were focusing, as ty mentioned on three areas where many stock watchers see some gains, china, beyond dow 18,000 and oil stocks. By now you surely know that oil has been beaten down by 35 in some six months, but what happens if it does start to turn around . How do you play it . Well, take a look at many some of the stocks in the energy sector, transocean, down 52 and danbury down 54 and noble down 50 in a year. Pretty much the same stories for diamond offshore. Cnbc. Com jeff cox is here to explore how investors can benefit if oil turns around and youll give us some names on that, right . Thanks, sue. I did a report for this about cbs. Com earlier, and readers are just diving into it. A lot of interest. Lets do three quick names. The first o
Oil stable. And tenyear has crept down to 1. 77 1. 77. Futures falling. Earnings painting ableak picture. Greece continues to weigh on the markets too. Seven Dow Companies, p g, pfizer, caterpillar, dupont, 3m microsoft, and united technologies, all seven lower. Nyc largely escapes storm unscathed but Boston New England battered by heavy snow. Well get live updates on Flight Cancellations and travel around the region. A rough morning in store on wall street. Wave of earnings news sending futures tumbling. Dueuponting proctor gamble, pfizer expect the stronger dollar to weigh on full year profits. Caterpillar, a warning for 20157 the ceo on Squawk Box Oil is a piece of our energy and transportation is worth about oil and gas is about a third of that business. The natural gas piece of that business is doing pretty well and so far holding up. The oil piece, though what were taking down and thats the primary number for our reduction in 2015. Jim, not only did he say when it rains it pours