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Deal as President Trump says he is scheduled calls with president shi xi jinping the highest this session was 334 on the dow coming up, gregg lemmkau live and exclusive. Lots to talk about with him on the market merges, ipos and the outlook for the rest of 2019 joining us for the first full hour of the show, keith bliss. Crazy week, now only down one percent. Talk us through the roller coaster five days of trade, the key levels that we have and havent touched. Sure. So overreaction. My theme has been overreaction and you certainly saw that in the monday night going into tuesday trade, a lot of what you have in the market today is a lot of program and algor rhythmic trading as opposed to humans die jesting the information. So you saw that overreaction we actually touched another oversold level that we had picked up from august 5th. So we were already oversold. That just went further down and the yield curve, the 210 inversion was ....
Plus more ceos head to trump tower. And another automaker, another emissions probe. We will fill you in on that. But it is all about the banks this morning. Wells misses, j. P. Morgan beats, b of a posts some mixed results. Jim, you just tweeted enough with the binary trade. What do you mean by that . Were in a difficult situation here because there are people whove been saying the banks have run up so you got to sell them. Thats trader talk. When i was at a hedge fund i would say ill put out bank of america at 23 buy back at 22. 88. These are unbelievable quarters, theyre unbelievable because theyve become growth stocks, cocacola, they do not have the ability to run this organic growth. These are remarkable quarters and we just started. Bank of america haechbt seen the gains yesterday. Numbers im looking at ive calculated 100 basis points in fed increase, you get 3 billion more. Just added on. Do you think that Proctor Gamble can ....
Big in content with the launch of a primelike service. And pepsicos new pledge to slash calories in its beverage. Sarah eisens exclusive interview with the chairman and Ceo Indra Nooyi. Bryan moynihan says revenue growth, risk management, cost down three, trading revenue up 18, fic trading up 39. Numbers not quite as good as jpms but better than citi in some cases. Yeah, book value of 17. 14, impressed by expense control here. Really excited about the Wealth Management growth. Theres a lot here to like. And its not like the old days where talking about the Justice Department has decided to crack down on this or that. And by the way, oil and gas literally seven months ago we were worried about losses. No, big drop in worries about the nonperformers in oil. So this is a clean quarter. The problem of course is that ....
Behind Donald Trumps call with boeing, his comments on the rally and stocks and his role as negotiator in chief. Plus, softbanc ceo what is that going to mean for our economy and some important telecom companies. And twitter pulpit, fresh comments from trump and Ceo Jack Dorsey on his use of the platform and what we can expect. And a deal that will have fresh scrutiny from the next administration, the ceos of at t and time warner are facing questioning on capitol hill today. First up, donald trump has been named time person of the year. Donald trump calling tremendous honor during his appearance on nbcs today show. And also elaborated on his comments he made yesterday about boeing and air force one. Well, i think the planes are too expensive. I spoke to a very good man yesterday, head of boeing, terrific guy. Were going to work it out. But, you know, thats what im here for. I ....
Reporter whats he doing with those kids . Hes really playing with them. Hes playing peekaboo. Captioning sponsored by cbs this is the cbs evening news with scott pelley. Schieffer good evening. Scotts on assignment for 60 minutes. Im bob schieffer. The government said today that the islamic terrorists who behead the american journalist james foley had demanded 132 million in ransom. The demands were made to his employer and his family over the last year. U. S. Policy, of course, does not allow paying ransoms. The disclosures came as defense secretary chuck hagel issued a dire new assessment of the threat posed by isis, and new details were released about the failed attempt to rescue foley. We have more on the story now from Margaret Brennan at the pentagon. Reporter the hostages including foley and three others, were thought to be at this camp inside an oil refinery in Northern ....