Captioning sponsored by wpbt this is n. B. R. Tom good evening. Im tom hudson. Facebook wants you to think graphical. The social networking powerhouse takes the wraps off a new way to track your friends. Susie im susie gharib. Good evening. What does that new tool mean for facebook investors . We ask Technology Analyst scott kessler. Tom and the comeback in housing could be a boon for truck sales. How u. S. Automakers are getting ready for a pickup in pickup sales. Susie that and more tonight on n. B. R. On early economic numbers as well as from the corporate corner. Well have more on facebook and its big announcement coming up in a moment. Over all, stocks were lower with investors reacting to some weakness we saw in u. S. Manufacturing. Buyers, though, were able to step in, with the blue chips mong hher. It wasisappointment over the facebook announcement that led to more selling in textbook shares as apples stock continued for the second day in a row. The dow industrials closing up 2
Open ahead of the fed even after turkeys surprise Interest Rate hike did help to stem some concerns related to emerging markets. Boeing, jetblue, dow chemical and at t beat expectations well break them down. But yahoo shares under pressure this morning after reporting a drop in revenue for a fourth consecutive quarter due to a decline in display ad prices. A day after the dow snapped a fivesession losing streak futures are lower, investors turning their attention toward Ben Bernankes final policy meeting, the central bank expected to further pare back stimulus, but turkey, jim, at least for the open will be the story. And for a while there the turkish lira was up 3 and it looked like they impressed the market. 22 years ago we went through the cycle but thats too long for most people. They tried to stem the capital decline, i saw it last night, they forgot what happened to their country when they tried to do this. And what happened initially you thought things would stabilize and they d
Dagen the fear is coming back originating in turkey about emerging markets in general that they will take a tumble and take the world with them. Nicole petallides is at the Stock Exchange with more. Nicole absolutely right. When you talk about emerging markets we are watching turkey and other economies and watching currencies as well. I was reading headlines a short time ago about policymakers knew that emergingmarket could be the wild card in a worrisome part of the market and that is what we are seeing. The dow is down 107 points, not a terrible day but a down arrow day down 1 2 and earnings of come out and we have given guidance for many of these companies that seem to be a little light, and that is weighing on the Dow Jones Industrial average. The major average sitting on Technical Support levels, that is another factor and i wont leave out fit day. Today is the day policymakers give their latest ideas so we will see what the federal Market Committee comes up with and whether they
Hello. Welcome to todays Worldwide Exchange. Im ross westgate. And im kelly evans. These are your headlines from around the world. Costly cleanup, deutsche posts a bigger than expected Fourth Quarter loss. Santanders profit dropped as it sheds real estate assets. A different story in japan where the stock market rally helped boost things in the Third Quarter. Nomuras financial profit is up ten fold. Earnings fall short of expectations, astrazeneca warns of a tough year. And boeing is sticking to the flight plan as its outlook rises. All right. Welcome to todays super thursday. I was going to say, if you thought the super bowl didnt come until sunday, you clearly are looking at the wrong kind of event. The financial markets, its all happening today. Tons of earnings. And jobless just. Posted according to the labor office, the jobless change according to the reuters forecast was to increase by 8,000. The Unemployment Rate, i believe, improved in january. 6. 8 versus 6. 9 in december. The
Good morning. Thank you for joining us today. Lets get you up to speed with the latest ephone numbers that are crossing. It gives us a snapshot of the Business Economy in german. German Current Conditions index is at 110. 1 in july, versus the consensus which was sitting lower than this at 109. 7. Number coming out better than expected on that rate. In terms of what were seeing elsewhere on the other numbers, the german Expectations Index of 102. 4 in july, this is versus what the market was expecting at 102. 5. So this number coming in a little lower on that side. Just on the local expectations. Elsewhere, no revisions to the june indices. Lets dive into this and get the earnings reaction. The euro dollar tracking firmer today and ticked a little higher as well. 132. 19 is what were looking at. Joining us on the phone from munich is a researcher at ifo and annette joining us on the line from frankfurt for instant reaction too. Give us a sense of the key standout points. We have seen a