The president is in support of, mothers like me are in support of, but the question is, our shareholders . Mostly. If you are going to assess the economic investor impact of a decision, like the one they just made, not selling Tobacco Products says look, no further than the stock price. Last time i looked, it was down only like . 30. This is a major move. This is the First Company we are seeing doing Something Like that. The question is, will it be broaderbased . Will it be broader . Will walgreens step into it . Air mark had their earnings this morning. They provide the food at the big stadiums out there with a great morning, but what do you buy there . Hot dogs, beer, popcorn, soda. We are beginning with breaking economic news. The markets are watching for any piece of data very closely to get a sense of what is happening in the u. S. Economy. A key gauge of the u. S. Service sector is coming out. M . I have got some good news for a change. Not only is it up, but up more than expecte
Puerto rico is in a bind. They cannot declare bankruptcy. Jay leno says good night. The host stepped down after 20 years and more than 40,000 jokes. All of them were ok, i guess. Who did he make the most fun of . Welcome to market makers. He made the most fun of george bush. Remember, there is a Huge Development going on. A Cayman Islands attracting financials giants while the country is tumbling. I am looking to jimmy fallon. So true. So true. Something is wrong with twitter. Twitter is taking. The stock is down 20 after an Earnings Report that left investors stunned. Well explain why with cory johnson. What is the big concern with tter right now . Well well, look, this is about a stock and not about a company. Bloomberg,arlier on the short cells are keeping the stock from falling further. Companygoing on in the is very interesting. We see limited growth there and the user growth is not that strong. In fact, all of the User Engagement numbers came off week. Just the user growth alone
Fractional percentage move. S p 500 closing at an alltime high. More on this historic day in a moment. First Hedge Fund Titan leon kuperman. Frequent guest on cnbc omega advisers leon kuperman out with his filing about what hes owned, bought and sold. Highlights, first of all, for leon cooperman include top new positions in comcast corporation. That, of course, the parent of nbcuniversal. Parent of this network. Also freeport mcmoran. Notable liquidations. He no longer holds any apple shares. No longer holds any crocs shares or google shares or los vegas sands. All liquidated out of his holdings. Sprint corporation, hes talked about that on air before. Hes lowered his position to 35. 2 million shares from what was a 95 million share position before. And qualcomm, another one of his top holdings, hes lowered his stake there to 2. 8 million shares from about 3. 8 million shares before. Well keep combing through these filings. Still some notable moves from leon cooperman at omega advisers
Strategies and former White House Press secretary and Gerald Bernstein former economic adviser to Vice President joe biden. Gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. Rising early and rising above. Exactly. Lets talk about this. Jared, it seems like things have gotten quieter. Do you think thats the case . Is that a good sign . I think its probably a pretty good sign. If you look at this mornings papers, you see a number of articles suggesting that theres a bit more compromise in the air. My concern is that tomorrows papers may say the opposite. So interestingly, theres been some pretty leak free discussions going on, which i actually think is a good thing. Theyre obviously big, outstanding questions. You mentioned the tax rate issue. One question i keep coming up against is the president and john boehner are now supposedly having good, substantive discussions. Can boehner bring the troops along . If he agrees with the presid
Mission critical rise above d. C. Welcome back to our continuing coverage, Mission Critical rise above d. C. Weve been here all morning long. While weve been here on capitol hill, weve been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. In the last hour we sat down with Grover Norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. He also added he thinks House Speaker boehner has been a good leader during the fiscal cliff negotiations. And then we were joined by bob corker and bob conrad. Corker said we need to focus more on entitlements now, and he will not sign any package that doesnt deal with entitlements at this point. Conrad said more, not less, should be included in some sort of a big deal. By big deal, he means over 4 trillion. We are now just 20 days away from the fiscal cliff deadline. We continue to bring both sides of the aisle to sit down together. Co