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[1:46] ..." Let's talk about this Hewlett-Packard deals."...
[1:48] ..." you know it's it's interesting Hewlett-Packard which is you know that a lot of in the battle in the PC market -- Dell looks like they're going to be taking IBM now. Now they're not using boxes to do that put because IBM has really turned itself into a very creative model are being a consultant in the one of the biggest in the best in the world so. What happened today is that Hewlett-Packard's skilling and and thereby EDS so Electronic Data Systems which is companies to be -- or maybe -- Ross Perot I don't know theaters is now but. He's doing is they're trying to command and put this thing together the talked about a fourteen billion dollar deal to talk about partnering with them. And as a result the EDS stock is doing very well supported 5% level Hewlett-Packard down 5% know everybody is not positive. When you go to this consolidation process sometimes because companies -- focused doorbell and even more interest to know is apparently IBM shareholders are worried. Because that's not -- not very well also looks like there's new competition in the street and Hewlett-Packard's total of more upscale and advocate open side."...
[0:00]" WBZ financial editor Dave Crusoe -- in this morning and David good morning more about. Let's take a check on the consumer this morning."
[0:07]" We've -- these retail numbers up this thing in for the third month Perot unfortunately -- down but the good news is especially tighter than they expect. -- the town about two to the persistent. And over the last year it stood up only about 2% to -- A sign consumers sticking out but anybody within schools were of an -- Distort just slightly beating it to some of the budget but the numbers -- actually better than anticipated what was horrible worked in the auto sales were down two point 8%. Last year -- point 3% so they they took a big hit. But I I think if you look at what's going on that you can they also side of the equation and actually it would open up about half a percent so it's a bit rally after the 8:30 announced this morning. The catalyst is we don't forget 110 billion dollar rebate -- kick it out there and no authority -- he'd been spent that on the credit card already I think somewhere down -- that's gonna help but think that's what is so positive sparked. And the evidence of that if you look at the job and the business Wal-Mart they're on their earnings -- profits are very good at 7% -- just -- good international sales although. Vs capital -- lower this morning particularly pretty cautious on the -- We've also got Bernanke speaking this morning and number of the Fed heads are -- be talking but it's somewhat from what little ever Bernanke this morning is that. This really a little bit more concerned about this credit stuff and it's not over I think that's really where he's torturing himself into the market thanks a lot of the credit woes are behind -- right now some puppet two point eight and the yes indeed that does 34. Now as except two point two ago prices -- quarter of 124 changed and that looks like gold could hit that around fourteen point 78 cents an ounce."
[1:46]" Let's talk about this Hewlett-Packard deals."
[1:48]" you know it's it's interesting Hewlett-Packard which is you know that a lot of in the battle in the PC market -- Dell looks like they're going to be taking IBM now. Now they're not using boxes to do that put because IBM has really turned itself into a very creative model are being a consultant in the one of the biggest in the best in the world so. What happened today is that Hewlett-Packard's skilling and and thereby EDS so Electronic Data Systems which is companies to be -- or maybe -- Ross Perot I don't know theaters is now but. He's doing is they're trying to command and put this thing together the talked about a fourteen billion dollar deal to talk about partnering with them. And as a result the EDS stock is doing very well supported 5% level Hewlett-Packard down 5% know everybody is not positive. When you go to this consolidation process sometimes because companies -- focused doorbell and even more interest to know is apparently IBM shareholders are worried. Because that's not -- not very well also looks like there's new competition in the street and Hewlett-Packard's total of more upscale and advocate open side."
[2:50]" I about thirty seconds you do what Yeltsin's watch our."
[2:53]" has always Brothers they saw a 30% drop in the second quarter revenue but. The good news is that going to start using but two and half billion dollars of available credit. To make acquisitions in the high end Tuesday of the Haagen properties so let's be very interest but is it. Staples another copy and keep their bidding offer corporate express which is a Dutch company so they've. Converted that to our two -- euros which turns into twelve dollars and 43 cents to do the conversion. And floor and international infrastructure company. Very greater earnings and revenue up 32% on the revenue side because worldwide growth is doing very well at a lower -- dollars opening and that's really did you evidence of good news in the market center."
[3:32]" It grew so thank you"
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