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On our immediate focus, and the details of which i do not need to reveal here. But the enormous area that needs to be covered with a special focus on the southern corridor, which we know the United States have got possibly the best ability to assist us in locating the aircraft in the southern corridor. And that is something that i could reveal to you, sir, today. inaudible . Northern corridor, i indicated today, that there are countries that decided and agreed to leave in certain areas. On that leadership when information comes in, we will reveal it to the media. Air force announced a missing plane. And then the plane turned itself and disappeared. Does that mean there are more possibilities for the plane to fly im not aware of that information. As mentioned yesterday and today as well, the possibility of the aircraft missing two corridors, northern and southern. We cannot discount. And we give importance to those two corridors. And this has been done with our international partners, a
Dagen the wonderful you have no idea where i am going. I can get myself into trouble. Connell yes you can. Dagen stocks now and every 15 minutes. Nicole the markets are pretty much spot. Lets start off with apple. The 700 stock back in the middle of september. One product after each other the price target is now 700 from 780. Not too optimistic on the iphone5. It is down 3. 5 right there. The vix, the fear index, is to the upside. The dow is higher while the s p and nasdaq are pulling back. Back to you guys. See you later. Connell thank you. After the big meeting they had last night, the speaker of the house, john boehner, is heading home for the weekend and ohio. Dagen rich edson is following the action. Rich there are cell phone communication and airports in his area of ohio. He can come back if he needs to do so. Even after last nights 50 minute meeting with president obama at the white house, there still is no Significant Movement towards a deal on the fiscal cliff. They have a fra
Discount. Wall street is facing bank stress tests. Lenders including citigroup failed to pass the scrutiny. I am joined by Erik Schatzker for more on the results. The highlights were citigroup, unexpected. What went wrong for them . We can only tell you what the fed told us they scrutinized citigroups balance sheet, and the methods in which they conducted their own stress tests. The fed found qualitative in the way, for example, citigroup anticipated losses and projected revenue across its business. Citigroup operates in 100 companies. Countries. It is complicated. Michael corbat was brought in to straighten the ship after the vikram handed era vikram handed area. Still had a lot of capital, but the fed is not allowing citigroup to return more of it to shareholders aboute they have concerns the way citigroup is not so much managing its business, but its capital. And perhaps its risk what that means Going Forward . No question. Subject toapital is the ability to make or lose money in th
Index heavyweight. So you have samsung and hyundai for korea, and you have taiwan really pulling those indices down. Keep in mind, these two indices havent really gone up over the past few months, so a lot of money has gone into the markets, so perhaps a little bit of profit taking. Night say it, but perhaps that is whats happening there. For now, ill leave it there. Ill be back later on with an update on your forex markets. Lets get more on the safety of data storage. Zeb having a look at this apparent apple Security Breach. And this seemingly is widening at the moment, isnt it . And its cause for concern, not only for the celebrities, 100 who were allegedly hacked in the u. K. And the United States. Its a concern for all of us, anyone who uses the icloud system, thats because it automatically, if you choose, uploads photos from your device to the cloud. Its supposed to be private, but in this case, which the f. B. I. Is now investigating they said they are addressing the matter. That