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This is real money. You are the most important part of the show, so tell me what is on your mind by tweeting me or on facebook. A big announcement from an american icon, ford announced that the ceo will step down in july after eight years at the helm. Long time ford executive mark fields will take over in his stead. Under alans watch this man, an outsider who came on from boeing. He reinvented ford and its brand to something that means quality today. An unlike ford, detroits rivals which were forced to plea for a 63. 5 billion bailout from the federal government, ford didnt take a dime from uncle sam. Im alan, im from ford, and im ready to take care of your car needs. He se corrected his reputation after becoming ceo in 2006. The year the company lost nearly 13 million. I got a call from the great grandson of henry ford, and he told me about the situation, and as you pointed out, it was pretty tough. His expertise came from 37 years at another american icon, boeing. Once at ford, he mo ....
All of that and more on thursday the first of may. Good evening, everyone, and welcome, im tyler mathisen, susie gharib is on assignment. Well, you know it has been five years since the official end of the great recession, and even though the economy, the stock market and the Housing Market have made tremendous gains more than 10 million americans who want to working still without a job. Today, there were no records set owner wall street as a lot of investors seem to be in a Holding Pattern waiting for tomorrows april jobs report. Possibly the most important metric on the health of the u. S. Economy. Hampton pearson with more on what may be in fridays nonfarm payroll and why some economists are more cautious than others. Reporter optimism for a friday jobs report above 200,000 in april comes on the heels of the mixed Economi ....
Today Constellation Brands, greenbrier that is train cars. A couple of items of note. California minimum wage rises to nine dollars an hour starting today. A couple of soccer matches. Switzerland versus argentina at noon. Coming are you coming echo i am going to try. The sony walkman turns 35. I cannot believe that. But does anybody have a walkman . I dont think so. July 1, a lot of movement here. It is hard to believe. We say it every year it flies by. The second half, finally. You are looking at equities bombs equities, bonds, currencies. Futures up. The euro is stronger, the yen stronger. The dollar weaker. Nymex crude staying at 105. 11. 57. The dollar index is a big deal. , breaking under 80. Index, at the blended dx this is one year you can see the many months just in a range area that we roll with recent dollar weakness. Range bound. How far have we been stuck . The second year. The name of your new dog, range bound. ....
Now, secretarygeneral of the united nations. President sf four travel. Not george bush, senior, but other living president s with president obama. I thought the New York Times article on travel, 16 hours on air force one, having them all on board, and they made it quite. It is at a soccer stadium. One of three public events. 90 thousandf people. It is not a holiday in south africa and train stations at the outskirts of johannesburg most people going to work as if it was a normal day. A lot of people showing up. We will bring the full comments of president obama in johannesburg when he speaks at the Memorial Service for Nelson Mandela. Lets look at stocks, bonds, currencies, commodities. The mood continues. Higher and higher. We wonder if we will hit dial the dow a20,000 by the end of the year. A quiet economic week. Th ....
Comcast and mcdonalds. After the bell we have amgen, at t and yum brands. Screen. Oard futures flat. Tenyear yields flat. Eurodollar flat. Loyal 104 per barrel. Monitor. The existing home sales. Here is the housing boom of the middle part of the last decade. Sales have rolled over again off of the trend line back 20 years ago. Existing home sales just cannot get it going. That is an ugly chart. Now what . Unemployment stalled out. More on that through the next number of days. Here is scarlet fu. Top frontpage story about changing up the guard at ford. The chief operating officer, mark fields, will be named ceo eventually. The announcement may come as soon as may 1. Alan mulally probably stepping down by the end of the year. He is 68 years old. A former executive who turned around ford and kept the company from pursuing a federal bailout. Billiond up on the 23 loan before the financial crisis. A stroke of brilliance. They never had to pay government take government money. The point is, ....