Up. Well come up with anything wont we . Its outrageous. Im not paying 51. That looks like a little huffington there. Its the other lady. Yeah. She used to go to buffets thing all the time. Oh i know who wrour talking about. Its outrageous. There you go. In the meantime lets tell you about other big stories to watch this morning. The nations auto makers will be reporting january sales. Theyll drive demand for pick ups and suvs in all of this. Also other major companies. And well be hearing this morning and disney and chipotle interactive. One report of note december factory orders will be released at 10 00 a. M. Eastern time. Here are some of todays stocks to watch. The wall street journal reports staples and office depot are in advanced talks to merge. No word on the proposed terms and activist investor starboard called for a deal last month. Utx, i dont know why we need two of them. Tint we lose the other one already . Office max . Whatever happened to office max . Theyre now part of
Dimon. Before we get to all of this, why dont we get to some of the headlines. Lets get to the headlines, ibm reported quarterly revenues below wall street consensus for the fourth straight quarter. Steep drop in demand for servers storage products. Earnings topping analyst expectations. Also on the list texas instruments, they posted better than expected Fourth Quarter earnings and revenues, company also announcing that its cutting about 3 of its Global Workforce or about 1,100 jobs. The Corporate Restructuring program aimed to save 130 million by the end of the year. Keep an eye on shares of advanced microdevices coming under pressure and extended trading after the chipmaker forecast a steeper than expected drop in Current Quarter revenue. Analysts now saying the news suggesting that sales of gaming consoles were not growing fast enough to offset slowing pc sales. Shares have risen 15 in the last month. Thanks. Something in the water in california. Mohammed el erian is stepping down
The right hat can Party Anywhere she wants. Thanks for watching state of the union. Im Candy Crowley in washington. Head to cnn. Com sotu for extras and analysis. If you missed any part of todays show, just search us on itunes. This is gps the Global Public square. Welcome to all of you in the United States and around the world. Im Fareed Zakaria. A series of feisty debates on the hot topics of the day. We start with president obamas nomination of senator chuck hagel to be the next secretary of defense. We have a clash you will want to watch. Then the relationship between the United States and russia keeps getting worse, whose fault is it . Moscow or washington . A debate. Also, the next fight in washington will be over the debt ceiling. Can president obama end this craziness and bypass congress altogether . Well talk about the out of the Box Solutions and whether they would work. And, finally, this is the signature of the man who might be the next treasury secretary. Well look back th
Welcome to our viewers on Public Television in america and also around the globe. Today in egypt, the Muslim Brotherhood has pledged to continue their peaceful resistance to the countries government. Supporters are demanding that Mohamed Morsi be put back in power. It comes a day after arrest warrants were issued for their senior leadership. The uns secretarygeneral has voiced concern about the military arrest and detention. There is no place for retribution or exclusion in egypt. That sentiment was echoed by a spokeswoman at the u. S. State department. The arrest we have seen over the course several days targeting specific groups are not in line with the National Reconciliation that the interim government and military say they are pursuing. It is hard to see how egypt will move beyond this crisis. That further emphasizes the point i was making about how all would be included in an inclusive process. What is the next move for the military, the Muslim Brotherhood, and the egyptian peopl
Odds since the beginning of august, thats when they were blacked out on time warner systems in los angeles, new york and dallas and smaller market as well. Well talk to a media analyst in the next half hour to see who came out as the big winner on this. Cbs, kind of thumping its chest. Well talk more about that. First, back to the tech story overnight out of europe, jon fortt talked to microsoft ceo Steve Ballmer an hour ago and joins us from san jose with the highlights. This caught a lot of people by surprise, jon. Not entirely surprising that microsoft would look at perhaps stephen elop as a ceo candidate, but the timing of picking up all of nokias devices and Services Business quite surprising. All the talk on twitter also over in germany where there is a major tech show kicking off that will be following throughout the week. I spoke to Steve Ballmer about an hour ago, first on cnbc interview. We talked about the join up of the two companies, we talked about stephen elop. Listen to