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Way over to palo alto, where former yahoo Ceo Marissa Mayer hosted another fundraiser. Some excited to see the president here in their neighborhood, neighbors saying nearby schools were let out early for the event. I hope it lasts another four years and does a good job, as he has been doing the last few years. Id love to cheer our president on if i could. Theyre reminded of the last time a president ial candidate made their way here. The first time it was president obama also going to Marissa Mayers house. And it was we were able to get down another block to see him arrive. And i saw the motorcade. Not sure i ever saw him, though. Shortly after the motorcade came through middlefield road, a set of protests erupted as police blocked the area wearing riot gear. Propalestinians making demands to end the war in gaza. Hes writing a blank check to the government of israel that i ....
Chipotle gopro. Those numbers over the next hours and bringing you them after 4 00. It just doesnt get better than that. Plus time to sell tesla maybe . A bold call from a ubs analyst downgrading that stock to sell today. The man who made that call coming up. It has been five years since the dodd frank financial reform bill signed into law. Barney frank will join us to discuss all the criticism the law has received including from members of his own party. Enjoy having barney on the show. First we start with this move in the Broader Market today. There is the dow down 214 points. Its getting hit the hardest. United technologies down more than 7 downgrading its own outlook for the year. That bad Earnings Report from ibm last night has been down 5 6 today. That is accounting more than half that decline. S p pulling back. The nasdaq down today so right now no alltime high. S p e ....
In europe for the major look like this. The ft 100 the cac are down fractionally end up fractionally. In asia overnight were higher as you see there, markets in shanghai and korea were closed for a holiday. Thirdquarter earnings per share but bolstered expectations that the stock right now not showing Much Movement but the news hitting that day. Breaking news out of the European Union. Regulators were that amazon has to pay nearly 300 million tax bill for unpaid taxes. Amazon shares dropping on the dropping on them is down two thirds of a percent. It has been a contentious one for other retailers. Well bring you more on that coming up. Yahoos breach bigger than first thought. The warning as is revealed all 3 billion accounts were actually affect it in some way. Then there is this. Equifax shakas former ceo grilled on capitol hill over the data breach there. The company gave th ....
Looked like just a few hours ago. Terrifying. Flames erupting as most of the residents inside were fast asleep. More than 200 fire fighters, 40 fire trucks on scene right now. Witnesses tell Police People were jumping out of windows and screams could be heard from those trapped in the top floors. The london fire brigade says 30 people have been take tony hospitals. That number is expected to change once the flames are out. Want to show you live pictures. This fire, burning for six hours. Still not contained at this hour. No word on a motive, how it started or where it started. Fire crews say the lower burned out floors could collapse at any moment so its going to make it very hard for first responders. Of course well keep an eye on the situation throughout the newscast and bring you updates as we get them. Breaking news out of contra costa county. Hazmat are investigating a substance that made people sick inside a jcpenneys in anti ....
Thats a great call. I had something really good to say, and then look what you did. Wow. No gel. No suit. No tie. Let me say a couple of things then to divert attention from what you just said. So the stock pickers and the active management community, which has been thoroughly trashed this year in terms of flows, really dont have any excuse going into the new year because the new trend in force is dispurgs. You have 265 of the s p 500 up more than 10 this year. 68 of them. There was a lot of opportunity to avoid big losers or to catch a wave and grab big winners that solidly outperformed the index. I know thats welcome news to people that are lying to differentiate themtsz in terms of stock picking. I think that will continue. Thats a reasonable expectation to have given the fact that we have an Incoming Administration that clearly is going to be doing things that are preferential for some groups of stocks and negative fo ....