Dave Caruso's

Before the Bell for 9/24/2007

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Play from 1:15[1:15] ..." three that was a very important aspects of nine and a half oil prices down 47 cents still over 81 barrel and gold about 20% to 739 announced."...

Play from 1:43[1:43] ..." going to get this deal done that the market is still out General Motors is is doing pretty well also. I think that -- strike this thing -- don't that I think they're going to certainly"...

Play from 2:44[2:44] ..." you know the competition is fierce and a group with with the Sony playstations so -- it would happen which should be could -- for them. Up Bernanke and the couple that governor just speaking shall"...

Play from 3:24[3:24] ..." mining companies expect about potentially the biggest gold find in the world South Africa so needless to say that's that's helping the stock also EMC up this morning with Citigroup in bear Stearns upgraded. Wal mart's"...

Play from 0:00[0:00]" Time for a before the -- stock report on this Monday it would be BZ financial editor Dave chorus -- It's brought to us by united technologies good morning day -- know -- I'm doing well it was a great week last week the numbers here to date if you could."

Play from 0:15[0:15]" Yeah did you really were originally going to restore with the Fed to lower ritual that more than investors expected but the best to -- about four years to doubt about it he -- a 180 points off that 14000 IN. And the Fed's so basically so they're going to do what's necessary to help the economy and liquidity crisis so here it is. After about the little less than 3% rise last week the Dow was now a ten point 9% for the year the S&P 500 is up but seven point 6% the Nasdaq technology latest -- point 6% so. Technology certainly is doing well and even the Russell 2000 small cap stocks. They're back in the black again Europe two point 2% for the year and to go overseas look at the EAFE international index as a -- happens and so as a very good numbers and at a lot to digest this so last week of September as well as we closed quarters so we're going to hear about. Consumer confidence so -- the most horrible goods the revision in the GDP in -- is tentatively load were going to have. Personal income and spending the purchasing managers index construction and consumer sentiment so markets got a lot to listen to this quickly right now do it okay as well as -- three point three that was a very important aspects of nine and a half oil prices down 47 cents still over 81 barrel and gold about 20% to 739 announced."

Play from 1:26[1:26]" Okay it looks we have a deadline looming for GM and the united United Auto Workers and it's pretty soon few hours from now a couple of hours."

Play from 1:34[1:34]" 11 O'Clock at the deadline they set up but you know what's what's the labor negotiation without the strike threat then -- join us now with a deadline between management UAW. I think they're going to get this deal done that the market is still out General Motors is is doing pretty well also. I think that -- strike this thing -- don't that I think they're going to certainly have some problems of the stock but there's there's three major issues that are divert him right now number one has. The UAW really wants to have more job security of you know there're going to be giving you know and other items. We also that's separate health care trust gonna make sure it's fully funded that together talked about the potential liability of those companies and that is a big issue although that seems to be results. And it finally I think we've got a -- bonuses just sit on their table people always wanted to create a little more especially if things work out so I do think it's going to work output by 11 O'Clock will not."

Play from 2:20[2:20]" Okay and finally looks like a pretty busy Monday on all what's going on."

Play from 2:24[2:24]" Yeah a lot of solicit for gamers the other anxiously awaiting the Microsoft visual previous morning that's -- the Star Wars for gamers and the last urgently to about one point four hours. It's still -- 125 million and so they can be -- as much as 200 million with a 24 hours of that so. It may even help the Xbox 360 as a potential people upgrade but you know the competition is fierce and a group with with the Sony playstations so -- it would happen which should be could -- for them. Up Bernanke and the couple that governor just speaking shall see what happens -- today. We talked about almost four CEOS saying the profitability is going to be back in 2009 so that's sparked up a couple of percent this point. Did you think it's off -- other expecting there's rumors that that they could you write off but two billion dollars because of loans in this subprime issues AIG AGE talk about supply and they're bidding on the sub prime consumer business for Barkley is that the UK and they really want to cheap so Steve Pickett's going. Gold we just talked about 740 announcing a quick point seven year -- classic BHP's ability which is an australian mining companies expect about potentially the biggest gold find in the world South Africa so needless to say that's that's helping the stock also EMC up this morning with Citigroup in bear Stearns upgraded. Wal mart's typical -- and they're now starting to measure the energy of all of the products that the personal excess should be interest in terms of creating those energy test."

Play from 3:43[3:43]" Dickerson thanks so much"

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