4 today hitting its lowest level in more than 4 years this despite the announcement that it is giving activist investors nelson peltz a seat on its board. With a techie dividend, widely held share base this might be one of the most tempting stocks to buy the question is simple though. Is this an ultimate value play or value trap . Guy . I would continue to say and i think weve been steadfast on this one, its a value trap. Now the good news i think today is heavy volume, yeah, traded 140 million shares typically trades about maybe 40 million or so. Thats a good sign maybe you flush a lot of people finally out of this name, but on friday while you were galavanting someplace and mcc was sitting in that middle seat, she asked a similar question and i said Thomas Edison could come back and run ge and that wouldnt save it ill say it again tonight. So are we getting towards interesting levels i would say yes. Only in terms of what we saw in terms of volume and in terms of what they saw you fo
Happening now, new details of the meeting between president obama and congressional leaders for what could be a lastditch effort to avoid the fiscal cliff. Families in the making ripped apart. Russia officially bans the adoption of russian children by americans. And for the second time in a month, a man pushed to his death from a new york city subway platform in the path of an oncoming train. Wolf blitzer is off. Im Candy Crowley. Youre in the situation room. All eyes on that white house this hour. And the meeting that may be the last best chance to keep the country from going over the fiscal cliff. Right now, the leaders of the house and senate are sitting down with president obama in a search for an 11th hour deal to prevent severe tax hikes and spending cuts from automatically kicking in with the new year. Cnns chief White House Correspondent Jessica Yellin is getting new details. Jess can ka, what are you hearing about that meeting . Reporter candy, the president is going to explai
Hi, everybody. So glad youre with us today. Im alina cho. Lets get started. Four days before the fiscal cliff. Four hours before a lastditch meeting at the white house. Its still not clear whether a lastminute deal is even possible or whether this is now all about shifting blame. President obama and Vice President biden are sitting down with house leaders. The guest list includes harry reid, who this time yesterday said he didnt see any way the fiscal cliff could be avoided. Whatever the case, our chief White House Correspondent Jessica Yellin will be watching. What can we really expect to come out of this meeting this afternoon . Well, alina, were not sure what really will come out of it. The ideal scenario would be if all sides agree to a scaleddown version of the fiscal cliff agreement that the president and spe Speaker Boehner had been discussing weeks ago and then senator mcconnell would agree that no republicans would block it in any way if he can promise that. He argues that he
Im suzanne malveaux. Welcome to our 500th edition of our show. Weve got a lot to cover so lets get right to it. Russia dominating our newscast this hour. For two very different reasons. First, the man, that man you see there, russias top diplomat, he is now taking an active role in trying to end the civil war in syria. Now, remember, both russia and china have blocked u. N. Attempts to force out the assad regime. Now the russians say they are willing to meet with the Syrian Opposition. It could open the door for real u. N. Action on the ground, action that could mean american involvement. Weve got more details in a live report in just a minute. But also, russias president formally saying no to americans who want to adopt russian children. It is a heartbreaking development for hundreds of americans who are trying to adopt children from russian orphana orphanages. That is happening right now. President Vladimir Putin signed the adoption ban today. Sadly, more than 50 americans who were i
Thinking about calling in sick this morning . I thought about it last night at 11 00. No, i didnt. Loft people do call in sick. Were you really sick the last time you called out from work . So new study talking about a lot of people when calling out, they are not really sick. So we want to know, tweet us, you know, what are your reasons for calling out sick . You what do you tell your bosses . Use the hashtag fox 29 good day. If you are going to work this morning, a loft rainout there. It will be a wet one. Right, sue . Wet and windy. Oh, boy. So, weve got five, just like we did yesterday. Now, you think most of the rain will be happening this morning. It is happening right now. But, the winds will stick around all day, so will the clouds. Bus stop buddy, better hold on to the umbrella could blow inside out today, gusts as high as 25, 35 miles an hour, make sure warm raincoat that you have on. Because temperatures are in the 50s, but with the wind it feels chillier than, that you can s