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Transcripts For CNBC Worldwide Exchange 20130712

Suggestions of a hard landing. Shares saw the uk Engineering Group receive a bid from Frances Schneider electric. The big u. S. Banks get set to kick off earnings today with jpmorgan and wells fargo being the first ones out of the starting gates. Warm welcome to you. Final Worldwide Exchange of the week. And we start off with a look at where we are with equities. 6 to 3 advancers outpacing decliners. And buoyed by the fresh record close on u. S. Indices. The dow closing up. Ftse up 38 points. Today,. 6 today. Were up another 21 points. Ibex is lower. Still concerns about the look at peripheral. Looking at the individual stories that were looking at here. First of all, invensis up. They say it is likely to recommend a firm offer of around 505 pence a share. And still more share weakness for serco. Off 8 yesterday. Another 2 weaker today. An audit found the private contractors had overcharged the uk government for running schemes to attack criminals. Tens of millions of pounds were charg

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Transcripts For CNBC Power Lunch 20130712

Boeing just a few minutes ago putting out a statement confirming that there was a fire on a dreamliner saying were aware at the 787 event at Heathrow Airport and have boeing personnel there. Were working to fully understand and address this. Keep in mind. Ethiopian airways was the First Airline to have a retrofitted 787 battery system put in after the faa cleared the retrofit design that was supposed to fix all of the battery problems with the dreamliners. We believe that this plane that caught often fire was the first one to receive a retrofitted battery system. Because it remains to be seen what caused this fire, even if its battery related, shares of boeing not only being hit hard but any supplier linked with boeing has also been hit. Take a look at spr or pcp, precision cast parts or hexal, hxl, all taking a hit within the last hour as boeing shares tumbled down, and were also going to show you shares of general electric. Ge has the engines that are on this 787 dreamliner. Again, w

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Transcripts For CNBC Closing Bell 20130712

And that compares to that very first week, the monster week we had to launch this whole year. So to be the second best week says a lot about this weeks action. Bill mentioned boeing. Its the down stock. The one in the news. Accounting for almost all of the dows closes today after a fire aboard an Ethiopian Airlines dreamliner yet. It had hit a shy earlier, and now the shares are falling. The Trading Volume on boeing more than 400 above the tenday moving average. Thats accounting for 50 dow points. So look at where we are right now. The Dow Jones Industrials average would be positive if it were not for boeings decline. Down 33 points on the average at 15,427. Thats probably what will weigh it down toward the close. Nasdaq has gone the other direction. Technology a leader today. Up 10 points on the composite of 3,588. And the s p 500 index sort of in between. Its down just a fraction right now. Any positive close there, of course, would be another alltime high, trading at 1,674. Yeah, we

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Transcripts For FBC Stossel 20130712

Is this the federal rules about 175,000 pages with. Her now on not so cynical that i think politicians pass these is to control us. When there were pass someone said this lawyer is needed him. But the cumulative effect is to strangle life, stifle innovation. For every pound of good and they do tons of on. I should not call him accretion khnum. You first. Most of the laws or regulations are things we now except. You guys miss cigarette commercials . [applause] john he said the smokers cant have any. We are winning, banning it in homes. John a dictatorship of the majority. A single judge has looked at the issue and says there is no right to smoke. I dont understand why that has anything to do with anything. You had wonderful laws and not to germany, the soviet union. Past mild highs of justices court. Streets and like their little children on . [applause] you have all your fancy theories. Recently strengthened. Who may view this hour . You have far more power than i do hon. I have to per

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Transcripts For FBC Cavuto 20130712

Hispanic adults, they all agree youve got to have border security. Neil but when marco rubio says there is that provision here, and youre not going to get the republican wing like in 86 when Ronald Reagan offered this, what do you say . I say i love marco rubio. Hes just such a really sweet guy in the nicest sense of the world. He really believes that this administrations going to all of a sudden out of the blue start securing the border when they wont enforce their own obamacare that they passed without any republicans. I have a resolution, and, neil, it just says with all the whereases, the things they havent done, the borders got to be secured. The house is not going to pass an immigration bill until such time as the southern border is secured as confirmed by the four thats what we need. And once that border is secured as confirmed not by janet napolitano, we couldnt trust that, but by the board of governors or legislature, whatever they want to do, then we can move forward very qui

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