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The push upward is materials, energy, financial. Techolar downward has been and discretionary. The stocks working are those within that energy and materials group. What does this have to do with the dollar on the climb . The lowest in about nine months. When you glance here, the only one down is sugar. Highering else trading as we see that continued dip in the dollar. Betty surprisingly, it has been on tech. Julie that is that drag we have seen. Ibm coming out with a missed estimates. Those shares have been down and some of the other large cap tech share. Act has been the balancing throughout the session. Mark Hillary Clinton has lost seven of the last eight primary or caucus is to senator bernie sanders. Now the democratic president ial frontrunner is hoping to regain the upper hand. This is clinton is favored in the new york primary. Is counting on his home state to provide a big boost to the republican president ial nomination ....
Is flying high. Mcilroy is once again the number one in the world. He is the favorite at this weeks pga championship. For more on this bank rescue, we are joined by guy johnson from london. The bank said earlier that a public rescue would be its last resort. Here we are with the last resort. We had a change of management and the new management look through the numbers and the books and said we need to be more honest about the state of play, about the risks and liabilities that the bank faces. As a result, we got a huge loss last week. As a result, effectively, this bank became insolvent from a regulatory point of view. Effectively, the government has had to step in. A little while ago the management said everything was ok, new management comes in, not so much. We have a problem. As a result, we need some bailout money. Now that they have the bailout money, what is next . Exactlyve to figure out what is happening here, what the real linkages are. The taxpayer is not on the hook, the gov ....
The world. No Economic Data to speak of in the u. S. Earnings will be slim pickings. This will be after the bell. Ben bernanke speaking in dallas. I agree. Not a minor deal. Especially since he was more positive on the economy rack in january when he left. More overt like greenspan or pullback in the reticent . We will find out. , the recently ousted New York Times editor will address graduates at wake forrest college. Every reason to cancel. I do not know anything about the story. Every reason to cancel. She is looking for a job, too. Self branding here. Like i am sure every agent told her to cancel. We cannot cancel the data check. Really interesting over the weekend. Futures negative eight. Eurodollar does nothing. Hydrocarbons a bit elevated. The vix, good market. The yen valleys. Make it to 100 on yen. Stronger japanese yen. There is the indian rupee up. Indonesian moment ....
The battle for French Company alstom is heating up. The biggestuld be tugofwar for a french Industrial Company ever. Matt campbell broke the story. Who has the upper hand between siemens and ge . It seems ge is ahead of the curve. Good morning. On the merits, you are right, ge is more advanced. They made a binding offer. It is something that has been in the works for weeks, if not months. Coming up with something that is much more informal and would need more time to become very serious. Now, that said, there is a degree of political pressure in france of in favor of at least seen this siemens offer considered, which would be a socalled european solution, which might be more acceptable to some portions of the government. Over the last 24 hours we have seen the government backing off of its initial support for siemens. They seem to be walking that back. The smart money wou ....
He says the chances of success are greater than 80 20. Former republican Vice President ial candidate sarah palin is launching her own online tv news channel backed by venture tap. It will cost about 10 a month and offer news, video chats and behind the scenes videos. The former alaska of honor bills it as an alternative to mainstream news media. To our lead story of the day online real estate rivals zillow and trulia are joining forces. They have agreed to acquire trulia for an all Stock Transaction in a deal expected to close next year. The sites will continue to operate under their current names will stop theyre not combining brands. Both sites allow people to find homes and generate revenues as selling ads to real estate agencies. Are soaring ona the news and shareholders of zillow are not reacting as positively. Cory johnson is in new york as is alex sherman who helps ....