Years ago today. Happy anniversary to us. Im melissa lee with carl and jim cramer and david faber live from the new york stock exchange. Lets look at how were setting up after yesterdays rally. Particular strength in yesterdays rally. We didnt get housing starts, thats earlier today. As for the picture in europe, really the stand outout here is the euro. Greece getting a five notch upgrade at the s p. Our road map this morning starts with gm. Government motors no more. The treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end of this month. Another challenging quarter for fedex with the blame squarely on sandy. But the stock is up premarket. Oracle posts a Strong Quarter with Even Stronger guidance. The season rebound in europe. No impact from the fiscal cliff. And ge gets boosted from ubss key call list on the weaker than expected macro environment. Still on the list is including well tell you in a couple of minutes. General motors is up sharpl
Analysis released by the Ministry of Business, Innovation and Employment (MBIE) highlighting the continuing decline in New Zealand’s natural gas production shows urgent action is required to secure our energy future.
The leader of the Labour Party in the UK, Sir Keir Starmer, is standing by a pledge to ban new drilling in the North Sea if he becomes Prime Minister next.
This week, the coalition government said it would introduce a bill in Parliament in the second half of 2024 to remove the ban on petroleum exploration beyond onshore Taranaki.