Homes slipping to their lowest level in a year last month. Today well talk to one Top Executive in the business, get his advice. Sold, power lunch is a buyer. The ceo of Coldwell Banker is up in two minutes so dont you budge. The fed has spoken. How will Financial Sector stocks react . Well take that one apart. Theres jpmorgan, citigroup, wells fargo, b of a and one of the etfs, were tracking those as well. Plus, the fight against cancer. New ammunition here. New corporations coming in and throwing lots of tonnage at cancer. Thats all ahead. First, lets check in with sue on this, the day after the big taper announcement. Sue . Thats right. The markets kind of consolidating at these levels, ty. Were going to start with housing. Existing home sales hitting a yearlong low in november. Diana olick is live in washington for us. Diana . Reporter well, sue, it was a big drop, no question, and we know why. Weve been talking about it for months. Prices rising too far, too fast and mortgage cred
My goodness, legal briefs, hundreds of layoffs, not sure i will get through this. A memo that has everybody talking about the place of young women in the Business World and how they should dress and act. First to sue at the nyse. My, my, my. Stocks having a soso day but were at or near record levels for several indices, close to dow 16,000 than 15,000. The nasdaq 65 points from 4,000. Where is the Retail Investor in all of this . Mary thompson found out. Hey, sue. Data suggest the Retail Investor remains cautious with the markets at record highs. Outflows continue while trading activity at discount brokerages is modest. Investors began pulling money out of stock funds in may of 2011. Since then, u. S. Equity funds have seen net monthly outflows in 25 of the last 28 months through august. The september numbers arent final but weekly figures suggest the exodus continued in the two weeks out of the three recorded so far for october. So recent data from discount brokerages suggest some ree
That sector. Year to date, the Airline Index is up. Look at that. 57 . Will it continue . And see what the top minds in Venture Capital see for the new year ahead, and find out whether they have spotted trends that could be right for your portfolio. Sue is taking a couple extra days for the holidays. Happy to have sara eisen with us. Good to see you, tyler. Doobie brothers and ill get to all that in a moment. First well start with the big oops from u. P. S. The shipping problems will forever be remembered as the grinch that stole christmas 2013. Over the past few weeks, executives had promised that they were going to be ready for the big holiday season. U. P. S. Ceo kirk coon back on december 2nd. We continue to be efficient and routing on the ground so we can meet increased demand. That was then. Diana olick has the now. Shes in washington with the latest. Good to see you, diana. Reporter you no, sara, it was a major miscalculation, but weve just a few moments ago gotten a new stateme
We will tell you about that. And jim cramer warning of a top for stocks possible. Last night he did it on mad money. We will hear the sound that could shape the markets. Youll find out what others are saying as well. First lets check in with sue at the nyse. Sue . We have a modest market gain but we have a big stock, individual stock, on the move right now. Seema mody joins us with the news. Thats right, check out riverbed technology. Elliott management has increased its offer to acquire the company for 21 a share. It had previously offered 19 a share. Elliott has about a 10. 5 stake in riverbed. The stock up better than 5 . Sue . Thank you very much. We will keep an eye on that. We are also keeping an eye on shares of tesla, up 16 on a bullish call from Morgan Stanley. Consumer reports also loves the company and so does wall street, as you can see its up better than 600 in a one year period. You heard me right, 600 . Phil lebeau with more on Consumer Reports top cars list and a first
The wall street journal today. Is this company failing to police its site and protect its customers, especially its young customers, from predators . Plus, a high tech way to steal your car. Police in chicago have their hands full with someone who has found a way to do it with some sort of mysterious black box that enables them to get the codes in those Keyless Entry systems. And weather of course is going to be a big problem from the west coast to the east coast. There you see a storm moving in out there. East coast west coast rain, east coast snow, ice. Middle of the country, maybe up to a foot. The forecast three minutes away. Lets go down to sue at the nyse. We start this hour with the stock picking prowess at the s. E. C. A new report is out showing how well employees at the securities and Exchange Commission can do while regulating everybody else. There are some nuances here and eamon javers is in washington with more on that. But we are posing the question whether really, the s.