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We were down three out of the last four days. Going away. Isnt it tuesday, or wednesday already . This is tuesday. Actually an update. A down day so far. Were off the lows of the session right now, but this could be nothing if you believe david leonard, and he says its overvaluations from the market and the headline in his column use the word bubble, and it lays out why stocks are expensive once again and david will join us to make his case on that. Yes. That is coming up. One stock that isnt nearly as expensive as it was at the end of the year is twitter. Its getting hammered today, down more than 10 . Just a few months ago, again, trading above 70 a share. Now around 32 and sinking 16 today, so what is going on with twitter. The lockup ended. Yes, indeed. Well find out for you. Talk a little bit more about who the sellers are and if theres any more value. We have a fleury of major earnings coming out in about an hour that could move the markets for tomorrow. Disney is the biggest of ....
Shakeup. A bug may have allowed access to hackers to videos of hollywood celebrities. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi, everybody, welcome. Good morning. Youre watching Worldwide Exchange. Are you aquake . I am. Im very awake. Day one was very enjoyable and i hope day two will be the same. Its going to be. It definitely will be the same. In fact, youve been doing more than just working here in the studio. I have been out and done a few interviews. 835 Million Pounds is what the premier league has spent. Indeed, which represents 30 inflation last time. Well be talking about that inflation and the inflation in television. 30 more than elsewhere in the economy. So while were talking about inflation, 0. 3 in ....
For the new world . We love the canadians and rbc has been great. Intell me what is going on the u. S. Particularly with the stock market. We had this great run and everybody is concerned we are down about two percent year to date, which is really just noise. The real story is that corporate rockets are coming in really strongly during earnings season, the beats are coming in about 2. 5 , and it is all on the margin line, and that is a real surprise for people. I think it is actually a very bullish call or a list signal that profits are up. We have two Big Companies reporting, procter and gamble 121 versus 120, you had kimberlyclark coming up, they beat analysts estimates. But as he said, sales lower, profit higher, what do you think . Expansion of multiple that will lead this market higher . This year in a 2014 will be very different than last year. It is the earnings story that will come through. When a lot of who have been conce ....
Likely to deliver worst results in two years due to cheaper phones. Shares of one of samsungs rivals, apple, levels not seen since 2012 as tim cook considers broadening the board of director p. Ad view, and the labor recovery is not translating into more customer spending. Hell join us live a little bit later on. First up, though, samsung warns Second Quarter earnings worst in two years, down 24 . The smart phone maker is cautiously expecting improvement in the Third Quarter. Analysts say the high end phones are not selling as well because of an abundance of cheaper alternatives and the company may have no alternative but to cut prices. Samsung, and interesting case study hit from the high end on apple and a lot of players at the low end, but they are citing competition in china, europe, tablets smaller tablet cannibalized by phones and people not upgrading as quickly. Thats t ....
And new meaning, next time you checked into a place you might be greeted by a google blast of smart watches. Not science fiction. Already happening at some of Virgin Atlantic checking desks. All aboard, countdown to the closing bell starts now. Liz the nasdaq up 46 points, good afternoon, everybody, im liz claman. It is the last hour of trading, and stocks are rallying for the fourth straight session with the dow jjst breaking through the 16,000 level. After a day for the history books on capitol hill. Right now we are up more than 200 point offense the Dow Jones Industrials, and you can thank janet yellen for much of this rally as she becomes the first female fed chair to give testimony to lawmakers. She made it quite clear she will stay the doveish course set by her predecessor, ben bernanke. She specifically used the word continuity in stressing the fed will stay o ....