A u. S. T. Her with other 90 stars when ah, so this is out there, these are the top stories and the you and talk to general says russias decision to i next fort ukrainian regions is dangerous and must not be accepted. And tanaka terrorist made the remarks during a briefing in new york. He says, the criminals move violates the un charter, and threatens peace prospects. Any decision to proceed with the annexation of barnetts ruins garrison, and that bodied zia, the regions of ukraine, or they have no legal value, and deserves to be condemns. It cannot be reconciled with International Legal framework. It since against every seeing the International Community is meant to stand for. It flawed the purposes and principles of united nations. It is a dangerous escalation. It has no place in the modern worlds. It must not be accepted. Russia says it will formerly take control of those ukrainian areas on friday. The European Union in the us are planning to impose more sanctions on moscow for hold
Redouble efforts to fight terrorism. Will the days to come we learn more about the terrorist and any accomplices he may have had with these events are a grim reminder that canada is not immune to the types of terror attacks we have seen elsewhere around the world. News, anothere chairman richard broadband is leaving. Earnings were overstated by 422 million, the new ceo says he cannot provide any guidance on fullyear profits. Switzerlands secondbiggest bank more than doubled. Revenues rose 77 . Ceo talks to bloomberg about the impact of volatility. Benefitse point it some of our businesses as you mentioned more volume and more volatility. From some points of view that is clearly a benefit but if you get too much Follett Hillary that impacts longerterm views too , that impactsy longerterm views. That is not so good. Nissan joins in, they have recalled more than a quarter million vehicles. In the last year, 7. 8 million cars in the u. S. Have been recalled for an airbag defect. Shrapnel i
Been watching with the euro. A decision is expected around 7 45 eastern time. But the Key Developments for the market could come at 8 30 eastern. Thats when the ecb president mario draghi is holding a News Conference. Well get previews from geoff ket mo c cutmore in europe in about 20 minutes. Jobless claims are seen at falling slightly to 335,000. As for the markets, joe mentioned the dow closing at a historic high. The s p 500 rose for the 16th time in the last 21 sessions, finishing within two points of a record. The nasdaq was not along ford ride yesterday. It closed a little lower to snap a threeday winning streak. You did see some of the high flyers that took it on the chin yesterday. You watch the futures this morning and youll see dow futures indicated open down by 20 points. S p off over 3 points. Andrew, back over on to you. We have a lot of Corporate News to get to. Toll brothers is buying a Home Building business of privately owned chipelle industries for backside 25 billio
Defund the health care bill. Among our newsmakers on the topic this morning, we have former oh bam in omb director peter or zaszag. Then coming up at 8 30 eastern, we have former vice chair alice rivlin. And aei senior fellow Kevin Hassette. And in other washington news, the federal Housing Administration will likely soon take a cash infusion from the treasury. The agency needs help to cover losses from souring loans. Jcpenney looking to raise as much as 750,000 to 1 billion to build up its cash reserves. The retailer is leaning towards issuing new shares. But other methods of raising capital are erroredly on the table. Goldman sachs says it expects the retailers to move more slowly. Anyway, another hard hit stock this year, blackberry, we talked bit almost every morning. Fairfax financial says it is confident it can find the money to fund its 4. 7 billion for the smartphonemaker. But shares did fall yesterday on doubts about that bid. Meantime, tmobile, i dont know, becky, announcing
Also get a pros take. Bob olstein will join us live and exclusively in a couple of minutes. A list of predictions for 2014, and naming stocks that are his best value plays. Also, get this. Jpmorgan has been fined 2 billion for not figuring out that Bernie Madoff was a fraud. 2 billion. Wasnt that the governments job . Why is a private bank facing consequences for allegedly turning a blind eye and not government officials who were asleep at the wheel, obviously, at that time, during the decades of deception . Closing bell is getting into that a little bit later in the program today. Stick around. In the markets, take a look at whats happening. Diversion across major indexes. Dow is negative. Less so than session lows about noontime. Nasdaq is positive helped by twitter, tesla. S p 500 up about seven points sorry. That was the nasdaq. That would be up a bit. Im sorry. Now down about one point. Twitter. While i was gone, it went to 55 a share. This is true. That is unbelievable. Lets talk