Family. Haidi it is very much in focus today after the pboc removed a pillar of support for the currency. Dropping from the daily session. The currency lower on tuesday. Tom, it is not been in place very long. Why have they chosen to remove year, since may of last that is the first element from the mix. It is dollar weakness. Many say it is a line in the sand. They say they oppose the controls. There is a growing confidence now in terms of policymakers here in terms of the trajectory of the one. Comfortable enough to relinquish elements of control. Thats what they have seen. Charthave a terminal showing the placement of this back in may. N strengthen. Ua that is when you saw the dollar ticking up. Versus the u. S. Dollar. We should expect now a little bit more volatility around theyuan now. Is how question really much forward this leads up in terms of a greater market role for the currency. They could widen the trading band. Right now they are allowed to move up 2 or down 2 . They coul
Projects. Is this going to the people and businesses who desperately need it . Plus black box recorders may soon be mandatory in all new cars. A dream for safety regulators and Insurance Companies but will it leave drivers privacy totalled . Well explain. Party infighting over the fiscal cliff intensifies. One gop congressman is completely breaking rank claiming there is conservative case for raising taxes. He will join us to make his case. Because even when they say its not, it is always about money adam good afternoon to you. Lets take a look at the days market headlines. An unexpectedly strong rise in november Industrial Production failed to boost stocks. Concern over the fiscal cliff continued to linger. The dow sank 35 points to end the week. Shares of apple got a onetwo punch today. Iphone 58 debuted in china but to tepid demand. Ubs also lowered its price target on apples stock to 700 bucks down from 780 bucks. What goes up must come down. Best buys shares soared yesterday. Its
Projects. Is this going to the people and businesses who desperately need it . Plus black box recorders may soon be mandatory in all new cars. A dream for safety regulators and Insurance Companies but will it leave drivers privacy totalled . Well explain. Party infighting over the fiscal cliff intensifies. One gop congressman is completely breaking rank claiming there is conservative case for raising taxes. He will join us to make his case. Because even when they say its not, it is always about money adam good afternoon to you. Lets take a look at the days market headlines. An unexpectedly strong rise in november Industrial Production failed to boost stocks. Concern over the fiscal cliff continued to linger. The dow sank 35 points to end the week. Shares of apple got a onetwo punch today. Iphone 58 debuted in china but to tepid demand. Ubs also lowered its price target on apples stock to 700 bucks down from 780 bucks. What goes up must come down. Best buys shares soared yesterday. Its
Revenues came in just over 1 billion, slightly more than forecasts. While the company is still struggling, mayer said shes taking steps for to position yahoo for long term success. Joining us now with more on those yahoo numbers, colin gillis, Senior Technology analyst at b. G. C. Sokolin, where they were up why date on that analyst call this afternoon, what is he going to do, and dow buy into it . Yeah, the wheels did not come off the bus on yahoo and that was very encouraging for investors. This is a company that still is facing some significant challenges. Revenue was flat. Theyre still struggling to find growth but she did paint the clear message that we all like about how she was going to turn around, focusing in on the opportunities on search, making sure she brings in employees and trying to chase after the mobile opportunities as well. You know, everybody talks about monetizing mobile. You know, listen, when su have the quantity of the users that yahoo has that is its largest a
Per share of . 35, . 10 above estimates. Revenues came in just over 1 billion, slightly more than forecasts. While the company is still struggling, mayer said shes taking steps for to position yahoo for long term success. Joining us now with more on those yahoo numbers, colin gillis, Senior Technology analyst at b. G. C. Sokolin, where they were up why date on that analyst call this afternoon, what is he going to do, and dow buy into it . Yeah, the wheels did not come off the bus on yahoo and that was very encouraging for investors. This is a company that still is facing some significant challenges. Revenue was flat. Theyre still struggling to find growth but she did paint the clear message that we all like about how she was going to turn around, focusing in on the opportunities on search, making sure she brings in employees and trying to chase after the mobile opportunities as well. You know, everybody talks about monetizing mobile. You know, listen, when su have the quantity of the u