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A discussion about how ads are creating advertising buzz. All that and more over the next hour. First, headlines from my radio cohost carol massar. I love the devil baby. Lets get to headlines. Jc plan jcpenney is planning to a lemonade about 2000 jobs to help save 65 million a year. The closings represent about 3 jcpenney stores. The dell cuts would be about 2 of its workforce. Bank of america posted quarterly profits that more than quadrupled, beating wall street estimates. Fourth quarter net income rose to 3. 44 billion from just 732 732 million a year earlier. The biggest railroad in the eastern u. S. Reported Fourth Quarter profit that missed estimates for the first time in two years. This as coal shipments declined. Net income slid more than 5 . We will be talking to the cfo of csx tomorrow. Our senior markets correspondent julie hyman joins us with more on jcpenney, the news that the company is going to be shattering 33 sto ....
Have taken if if it has to be taken with caution. Outgoing peugeot ceo gives up 21 Million Euros pension after overseeing 10,000 job cuts. And its no ordinary thanksgiving here on cnbc. Ill help prepare a turkey here in the studio. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Okay. Plenty to get through today on Worldwide Exchange. Three hours of programming. The u. S. Is closed, of course, today for thanksgiving so we have extra of the good stuff here. We kick off with just a recap of the german jobless numbers. Geoff, we were talking about this at the end of squawk box. A slight tick down in german unemployment. 2. 806 million. Euro dollar back up to 1. 36, about the best level in six weeks on euro dollar. Eu ....
A viral marketing. A discussion about how ads are creating advertising buzz. Nexthat and more over the hour. First, headlines from my radio cohost carol massar. I love the devil baby. Lets get to headlines. Jc plan jcpenney is planning to a lemonade about 2000 jobs to help save 65 million a year. The closings represent about 3 jcpenney stores. The dell cuts would be about 2 of its workforce. Bank of america posted quarterly profits that more than quadrupled, beating wall street estimates. Fourth quarter net income rose 7323. 44 billion from just 732 million a year earlier. Thebiggest railroad in eastern u. S. Reported Fourth Quarter profit that missed estimates for the first time in two years. Declined. Al shipments net income slid more than 5 . We will be talking to the cfo of csx tomorrow. Our senior markets correspondent julie hyman joins us with more on jcpenney, the news that the company is going to be shattering 33 stores an ....
Target to an a rating following weaker sales caused by the massive data breach. Mf global is suing pricewaterhousecoopers for 1 billion. Mf blames its bankruptcy on what it calls erroneous advice. Pricewaterhouse tells First Business its disappointed in the claim, and regulators found no errors. Northwestern university prepares to appeal by april 9th. The decision by the National LaborRelations Board to allow the schools Football Players to unionize. And mcdonalds will soon offer free coffee for two weeks to perk up its breakfast business. Trader Phillip Streible of rjo futures joins us on this monday morning. Good morning philip. Good morning to you. Today marks the last day of the quarter for trading so ....
[laughter] by sharing, sharing our personal views without any baggage. So were, but i think thats 2z devoutly to be looked for in a second edition can. Yep. We have time, i think, for a couple more. Yeah. Thank you, im from georgetown, university. One of the interesting things brought up in the Panel Discussion is the disconnect or the lack of harmony, if you will, between the Central Government and the local government administrations. And its fairly well known at7g point that there are a range of issues that the central and local governments, especially local governments of the more devout areas in china, places like shanghai, places like beijing, theres a range of officials that these government officials disagree on. Can you maybe possibly just elaborate a bit about the outlook of the this issue Going Forward . ....