Targets chief Financial Officer. The cfo will be joining us in a power lunch exclusive to give us his financial forecast. We begin now with the health of the American House housing market, and new numbers on home sales as we begin to gear up for that spring selling season. Fingers crossed it comes. Youve got dr horton and toll. All moving to the down side. Lets get to diana who is live in washington. Hi diana. Hi mandy. After a disappointing report on january sales of existing home sales of newly built homes out today a bit more heartening but you have to keep them in perspective. Take a look. January sales came in at an annualized rate of 4,1,000. Thats flat from december but december had seen a huge 11 monthly jump, and we didnt give any of that back. Thats good. The 30year average for new home sales is over 700,000 a were. We still have a long way to go. Sales of new homes priced under 150,000 are onethird of what they were a year ago. That is why luxury home builder Toll Brothers i
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good morning, we re happy you re with us this morning. welcome to early start , i m zoraida sambolin. we re bringing you the news a to z, get it? big story in d.c., roger clemens to be judged by a different group of people, baseball writers, the men and women who choose the hall of famers after he was acquitted on all of the charges in his perjury trial yesterday. the rocket denying all along he ever used performance enhancing drugs. yesterday his attorney insisted again that his legendary pitching career is not tainted. i hope those in the public that made up their mind before there was a trial will now back up and entertain the possibility of what he has always said, using steroid and hgh is cheating and totally contrary to his entire career. joe johns is live in washington and so, joe, long fight, four years, millions spent. big investigation. big prosecution and i suppose a big headline today a bad two weeks for the doj, first john edwards and now this. it has be