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Transcripts For FBC Markets Now 20130712

Facebook. This is a trend. We will talk about it. This is all coming up on this hour of markets now. Connell all right. Dagen do you think i need work . Connell not on your beautiful face. Dagen you may be a suck up. Top of the hour. Time for stocks now. Nicole the dow is up. The highest close of all time for the dow and the s p 500. We are not quite to the intraday alltime highs for the dow. You are seeing of arrows, nonetheless. We have been following both jpmorgan and wells fargo very closely as they came out with their quarterly reports. Other names that are leading the dow our boeing and united technology. Back to you. Dagen thank you so much, nicole. Jpmorgan and wells fargo kicking things off. Lets take a look at how they did. Wells fargos profit climbing 19 . Our next guest and friend analyzes numbers. The real . Here Going Forward is mortgage. The volume is low. That will hurt. Loan growth, from a commercial site, is not p ....

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Transcripts For FBC Markets Now 20130712

Story so lets start with boeing. The stock has ben a winner in end is played with all of the negative headlines with a reminder. What happens what is so evident here with the chart this actually hit a new high today. It was well on its way back to the levels we have not seen since 2007 only now to see a drop dramatically you can see it now but how does it affect the overall market . It is calculated worth 52 negative it disappoints. So if not then the dow would be higher and being a part of the major averages we will continue to follow the story s you can see betty is selling. Lori a recent string ofevents h involved in the triple seven this is the dreamliner 787 but all questions it was the lithium ion battery that caused the fire and had to ground the entire fleet for couple of months. We will bring in noted Airline Analyst and president and ceo of his own firm. Thank you for joining us on short notice. We do not know for certa ....

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