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the pre-market poised to open the at a new high as subscriber growth tops in less expectation. we will have the latest from ecb president, mario draghi as they approve austerity plans. these litigation charges at goldman. weighing on the bottom line. first, netflix. strong results for the second quarter. the company adding 3.3 million subs. stocks up over 11%. this is reed hastings last night on the company s earnings web cast. the stock was half this price. i described it as euphoric. it s a mystery to me. what we know cuss on is how to get incredible content, stream it beautifully and market it in every country. i m out of the stock commentary business. maybe he should be. stock now closing in on an 8,100% gain from the may, 2002 ip 0. it is ridiculous this is only up 11. this was the most dazzling call. when you have a chief content officer on you know you are about to get blown away. raising numbers, narco. they are like crouching tiger, number two. they ....
policy issue you want to discuss this morning. if you cannot get through on phone lines, try social media. twitter @cs[apanwj. facebook.com?? c-span and you can send an e-mail. here s the front page of the chattanooga times free press. nightmare for our city is what they say about the shooting by mohammed abulazeez. the washington times leads with that story. down lower on the front page is a story about congress and what they did. congress guts no child left behind system. both chambers of congress have voted to scrap much of the bush era education plan, meaning the government will continue to shift billions of dollars to states but we ll cut her loose and many of the strings attached to funding that is a little bit about what happened in congress this week. and the president was in oklahoma, and here s the article in the wall street journal. rivals team up for justice revamped. one president obama praise conservatives charles and david koch for their efforts la ....
would be governor, senator or president, a lot of people would have said ed prichard of kentucky. he was one of those people who worked in the white house when he was in his early 20 s. he seemed destined for great things and then came back to kentucky and in the 1940 s was indicted for stuffing a ballot box. went to prison. and so that incredible promise just falmed out. we also visit ashland, the former home of speaker of the house, senator and secretary of state henry clay. the mansion at ashland is a unique situation. caly s original clay s original home had to be torn down. it fell into disrepair. his son built on the original foundation. what we have is a home that is a five-part federal style home as henry clay had with details in architecture and elements and an added layer of aesthetic details added by henry clay s granddaughter and so on. see all of our programs will lexington saturday evening at 6:30 eastern and sunday afternoon at 2:00 eastern on a ....
stifle from the strength of swiss franc. and the reverse takeover in the british assets in a 1.3 billion pound deal. good morning, everyone. another episode of worldwide exchange. good morning to you, seema? yeah very good how about you? a lot happening in the gold market overnight. absolutely. let s get to the stop story. the price of gold has slump tide five-year low. the precious metal was trading as much as 4% lower after the asian markets posted. that mood with randall resources hit the hardest. spot gold currently off at 1.6%. and s&p down 10%. northern star down by 0.2%. and the chinese selling and triggering stop/loss orders. 1 million being traded on that very exchange. that s after the government said on friday that the gold reserves were up 57% from six years ago, abdomen that was a lot less than people had had anticipated. a lot of factors seem to be weighing on the price of gold right now. you also have the fed indicating that they will rais ....
stanley. gold falls to a five-year low while the dollar hits a three-month high, we ll look at the drivers behind the moves and the impact. and e-bay and papal begin trading as independent companies today. we ll talk with the e bay ceo later on. first up morgan stanley better second quarter results. a strong performance in the brokerage business. long lines in greece over night as the banks reopen after about three weeks. some capital controls. you can access your safety deposit box. you cannot cash a check. you can deposit and there are limits on the number of euros you can take out. morgan stanley, trading is the story this time after wealth management has been the story there. let s compare this. for fixed income morguen stanley had a gain of 30%. jpmorgan minus 10. for equities plus 28. goldman plus 24. citi minus 1. some people are saying the liquid ratios aren t enough. that was the wrap on the story about why it was up 41.5 and then people turned it down. t ....