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Mutual funds, a good buy for the next nine. Attention shoppers, are you willing to give up privacy for a good deal . We have all that and more on this monday, august 19th. Good evening, everyone. Welcome. His vacation over, president obama got back to work today, and he wasted no time tackling a topic of high interest to investors, not to mention Financial Services executives. At a closeddoor white house meeting he sat down with the nations top financial regulators to get a Progress Report on how the government is implementing the dodd frank law. It covers wall street and the nations largest banks. John harwood joins us from the white house with details on who attended todays meeting, and why it was necessary. John . Tyler, it was financial regulators from all across the government, including the Federal Reserve, c ....
Investigation of their metals warehousing businesses. In other washingtonrelated news, president obama has a series of economic speeches planned for the week ahead of key budget deadlines this fall. Hes going to be delivering the first address on wednesday at a college in illinois. More from john harwood on that next hour. Corporate news, apples main website for developers was attacked. The company now saying that no customer information has been compromised, but they cant rule out stolen data on developers names and addresses. As a result, apple is overhauling its database and Server Software to prevent future breaches. Good morning to you, mr. Kernen. Oh, good morning. Good morning, andrew. Good morning. I was up late watchle mickelson. Right. I bet you were. But i recorded it because it was over early. I didnt talk to anyone, look at anything, go anywhere. You had no idea . No, i made sure i had no idea. I didnt look at twitte ....
Do bells. I got wiener fatigue. It is too easy. Lets talk wall street. It has been we had earnings and the market softballs. I cant do it. Softballs, great. It is another busy day in earnings central today. Among the names that are set to post Quarterly Results before the bell, we have boeing, caterpillar, eli lilly, ford, glaxosmithkline and pepsi. And tonight hearing from facebook. If thats not enough for you, among our squawk newsmakers, well be joined by the cfo of pepsi, Hugh Johnston. And eli lillys chairman and ceo Doug Oberhelman and wick mooreman. We have a big morning ahead. And we have Hugh Johnston on today. And a big lineup. Yes, we do. And and after a nearly decade long Insider Trading, federal ....
Understanding why viewers want us to compare results to last year, not to analyst expectations. We have 70 above. What does that tell you other than the Company Effectively managed where analysts were. We have no idea is it above or below. Intel, a third of their profit dropped off. In both revenue, and earnings, wouldnt you like to know how it compares . What if everything is down from last year in both revenues and earnings . Was it rich who was saying what you should be looking at is the number of companies that have surprising that shock you by missing by so much. Those are the ones who you havent really seen just objectively, it is hard to do above or below last year, there is always items, they sell businesses, so, you know, things are discontinued and makes it hard. The stock trade is based on where the streets expectations are. If they knew it would be coming down steeply, but if you knew it was going to be coming dow ....
Stocks coming off their worst losses this year. Its february 5th, 2013 and squawk begins right now. Good morning, everybody. Ike becky quick along with Andrew Ross Sorkin. Joe kernen is off today so we are again joined by Steve Liesman. Also at the table with us this morning, our guest host is andy surel. Andrew just talked about the markets. Stocks ending at session lows yesterday. In fact, all ten s p sectors closed lower. Yet the bulls betting this is nothing more than a bull pac. But we will have a number of powerful investors for their thoughts throughout yao the morning. Jim oneill will join us in just a few minutes. Then in the next half hour, the man charged with making sdigs for how blackrock invests more than 1 trillion, the firms chief investment strategist, russ koesterich. Nouriel roubini will be joining us and were going to ask him for his current view of the ....