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The shareholders. Dennis shares of twitter getting a boost after Goldman Sachs raised the price target. Boosting its price from 46 65 per share site a significant acceleration in product initiation opening up more slots for sale. Twitter getting high marks for raining a government request for user information. Find twitter to be the safest Internet Company for shielding user info from government snoops. Lori jim beam getting bea bougt out. It will create the worlds thirdlargest premium spirits maker. Beam shares soaring on news of the deal trading at 83. 50 offer price. Companies picked to steal the close by the second quarter. Dennis some of the biggest moves are in commodities. Natural gas prices surging just today hitting the highest levels in nearly a month. One analyst noted because the record drop in supplies this week. Looking at oil, crude pulling back. Prices fallin ....
If we move higher on the Dow Jones Industrial gains and close around these levels, you will see the 40th record high of this year. That would obviously be a big, big deal. We have seen a long winning streak. So you do see the nasdaq and the s p have pulled back. Records for these recently, however today a mixed bag. 3m, home depot, Johnson Johnson have hit record highs today. Momentum seems to be still to the upside. Commodities are gaining. The dollar pulling back but certainly a lot of names we are watching and home depot with higher volume as well. Lori and this news alert. Waiting for official word of the jpmorgan settlement as Charlie Gasparino first reported, the deal announcing today with 13 billion payout. The deal will settle claims the bank overstated the quality of mortgage security during the housin ....
Insurers for losses first three years the law is in effect. Senator marco rubio is introducing legislation to repeal the clause but it may not stop you from having to dig deep into your pockets for a bailout for the Insurance Companies. Here to explain radio talk show host Monica Crowley and weekly standards steve hayes. Both are fox news contributors. So i cant believe that were sort of just hearing about this and figuring it out now. It is called the risk corridor. It basically it says if insurers costs are 3 more than what they targeted, we the taxpayer, will give them 50 of that difference. If it is more than 8 above what they anticipated, were going to give them 80 of that difference. Oh my yeah, youre exactly right. Were just finding out about this over the last week or so but those of us who opposed obamacare all along, steve and weekly standard, and i we were war ....
For that retailer and they are getting optimistic about the holiday season. Lori thank you. Adam hopefully somebody is optimistic. Some bad news may be coming. Management trouble have abercrombie and fitch worried about losing their spot in the s p 500. According to a report, the shares are taking a hit over the last year. Jcpenney shares lost half of their value. Indexes looking to make room for a spi spinoff starting to trade november 2. Lori shares of deere on an upbeat. Expecting construction sales to surge things to the housing recovery and said that will help offset weakness in agriculture struggling. Soft Commodity Prices leads them to cut spending. Adam the message the fed is still pushing to the market. Federal reserve chairman ben bernanke hinting near zero rates even after Unemployment Rate falls below 6. 5 . My next guest says the fed is nowhere near raising ....
Nasdaq up 48 points. 1. 25 higher. S p 500 tonight up 14. 5 points. Nearly 1 at 1795. The dow closing above 16,000 for the first time ever. Bob pisani, how high is up here . We just keep going up. Ill tell you whats a little bit annoying. We had lousy economic number this morning on the philly fed. Yet the market kept moving up. In fact, it went up on that number. 10 00 we had philly fed greatly disappointing. Stocks rallied. Bond market dropped. You all know why. You know the story here. The federal reserve, reducing the possibility of tapering. Look at the 10year. Thats what matters in these kind of economic matters. Theres the vote. Right at 10 00. Boom. Yields moved down. Of course, the market moved to the upside. You think the economy was roaring here because all the old cyclical groups had a great day. Financials, technology, energy, materials all were market leaders. What was the laggards . Telco. Consumer, utility stocks, health care stocks. All the more defensive names lagged ....