He is saying, you need to fix the bank. It cannot be done by only throwing money at the situation. It is opening a flat. Lets look at the euro. Last time i checked, near an 11 year low. Priced in toward quantitative easing by the ecb. Down a by 0. 25 against the dollar. A look at oil. It has been driven by the collapse in oil prices. Prices have been under pressure. We see stimulus across the board. We had a stimulus fest yesterday. China, the central bank has been throwing money at the situation as well. Oil is lower by 0. 5 . Brent is down. Clearly, supply is still outstripping overall demand at the moment. A quick look. Not all about Central Banks that will be driving specific stocks. You have credit squeeze trading higher. They came out saying that massive removal by the centralbank has not hurt our profitability. Keep a look at these 2 stocks. Back to you. Caroline, thank you. One of the consequences of qe is overweight equities. The debate will start and that is how we will start
A day else a portion of the sheriff shared lending to small and microbusinesses. Because of that 4 billiondollar investment in 332 institutions across the Country Community banks or cdfi loan funds, we have seen positive returns for taxpayers so this is no cost to the taxpayer and we are also seeing that lending has increased by more than 10 billion so we take that 4 billion investment. As a result the institutions have loaned more than 10 million above and beyond the lending that they were doing beforehand. What that actually turns into is around 41,000 new loans to Small Businesses. It also means that of those loans, i think we are somewhere around 65 or 70 of those loans were below 100,000, so these are actually loans that are going to the smallest of Small Businesses, not midsize businesses that getting the businesses that are going to be the job creators and are the job creators. We also invested through another program called the state smallbusiness Credit Initiative 1. 5 billion
The American Enterprise institute beginning at 1 30 p. M. Eastern here on cspan2. Cspan, created by americas Cable Companies this 1979, brought to you as a Public Service by your television provider. Host and best selling author tom standage has a new book out, and its called writing on the wall. Tom standage, what do cicero and twitter have in common . Guest well, the idea of the book is that social media is a very old idea. We think that its recent and only people alive today have ever done it. But really what im arguing is theres a very long and rich tradition of social media that goes back to the era of cicero, so thats the First Century b. C. , and the point is that you dont need a Digital Network to do social media. If you have one, it goes faster, but you could actually do it in the old days. Cicero did it with papyrus rolls and ore members other members of the roman elites were linked to him and all spoke to each other, and its very much a social environment. But there are many
Cvs will no longer sell cigarettes. But will the shortterm loss lead to longheterm gains. All that and more tonight on nightly Business Report for wednesday, february 5th. Im bill griffin in for tyler mathisen. And im susie gharib. Nice have you here, bill. Here a tweet that twitter didnt want to get. After the closing bell it released its very first earning report after going public back in november. But the news was mixed. Twitter earned two cents a share while analysts were expecting a loss of two cents a share. Revenue bead forecasts and guidance for the period is strong. A key metric was not good. Growth in the number of new users was anemic. A gain of only 3. 8 . Investors expected much more. Twitter shares plunged more than 10 in after thehours trading. Sheila dharmarajan, what was your take away on it . Reporter it was a big surprise. Investors were very disappointed. The big key takeaway is scale. How does twitter make money . Tierz advertising. This number put lot of doubt in
Cvs will no longer sell cigarettes. But will the shortterm loss lead to longheterm gains. All that and more tonight on nightly Business Report for wednesday, february 5th. Im bill griffin in for tyler mathisen. And im susie gharib. Nice have you here, bill. Here a tweet that twitter didnt want to get. After the closing bell it released its very first earning report after going public back in november. But the news was mixed. Twitter earned two cents a share while analysts were expecting a loss of two cents a share. Revenue bead forecasts and guidance for the period is strong. A key metric was not good. Growth in the number of new users was anemic. A gain of only 3. 8 . Investors expected much more. Twitter shares plunged more than 10 in after thehours trading. Sheila dharmarajan, what was your take away on it . Reporter it was a big surprise. Investors were very disappointed. The big key takeaway is scale. How does twitter make money . Tierz advertising. This number put lot of doubt in