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Dave Caruso's Before the Bell

Before the Bell 5/30/2008

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Play from 1:49[1:49] ..." percentage points super simple which really helping them. If they're doing what Hewlett-Packard didn't -- years ago -- that's cutting their talks and they like dead and they're going to -- in the body heal"...

Play from 0:00[0:00]" It's time for before the bell with WBZ's financial guru David Caruso David good morning according -- so you got some numbers in the battle of the budget force."

Play from 0:09[0:09]" Yes we certainly do and then if you look around it's ago about a personal budgets in the -- might budget your budget everybody else we. We come up with a personal income and personal spending numbers. You know a lot of -- but there -- okay giving a number of personal income was up two tenths of a percent. Personal spending was also looked at two tenths of a percent but basically spend what we've made. And that the good news is we -- money but at least from neutral we didn't overspend so. Kind of the disappointing point you know visit if you take out inflation which has about two tenths of -- percent. Basically treading water so that's really not too bad but if you look over the last year inflation has been up. But three point 2% if you look at core which takes energy and food prices were about two point 1% to doesn't look like where were having problems that look like people are spending this factory gates yet but all I think it -- expectation that hospital according to the bulletin is we might -- too because the Dow was that I actually don't one point 3% and disappears just. A articles it would definitely close to a month -- that we -- the credit crisis it. Inflation -- commodity global slowing economy and in five double last seven months and isn't even down. The seven the governor of good people. Bottom line as the markets are looking okay ultimately can make -- turn the other direction is that we have this summer right now Iraq it can be futures at four point 7044. That's except nine point two we get oil prices up but he foreseen for the inquiry going on at about 127 and toughen. Probably buckled up about seven but he needed for."

Play from 1:37[1:37]" I guess the tech and the technology in the retail numbers looking good till."

Play from 1:41[1:41]" Actually I'm pretty well look at it Dell computer and get some nice results this morning it will buy computers and stock's up over 10% this morning profits were four percentage points super simple which really helping them. If they're doing what Hewlett-Packard didn't -- years ago -- that's cutting their talks and they like dead and they're going to -- in the body heal global Packard. Also marvel technology get a couple -- christmas morning has very nice quarter -- global semiconductor company is certain Drew muted in 1995 foot. So it looks like the text have been rally a little bit -- electoral system the growth in the summer. We talk a little bit more mixed J crew was up they didn't have good things to say stocks are about 50% this morning so. There were a little bit short of earnings but the flip side that is the high end. Tiffany's they beat all the rest that they felt pretty good going forward. And a lot of that has to -- too weak dollar result people are kinda coming over here by overstepped cheaper meter or about all the anecdotal European -- coming here that the amount of money that -- a majority that the stay here for that and so I think if it is -- court."

Play from 2:37[2:37]" And quickly what's the latest investment on oil here."

Play from 2:40[2:40]" The target -- enforcing the Commodity Futures Trading Commission they're they're -- to see what's going on health. You look -- these high prices and oil that does something funny going on but I think they'd be almost remiss not to look into -- they're looking at right now. Not much sympathy for the companies big oil companies themselves with the traders but. That's it like there has been a frenzy of oil the last couple weeks and it be nice and other there's a reason for -- supply and demand."

Play from 3:03[3:03]" Yeah for sure all right thanks very much"

Other Episodes in this series

Before the Bell 1/28/2008

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28 Jan 2009

Before the Bell 1/28/2008 

An early look at the market with Financial Editor Dave Caruso.

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[0:53]..." losses -- if you look at this earnings season you know even Wells Fargo was up this morning with the big one so they -- getting those losses I think you'd think he'd get those assets. Also their books and they go back the plan if you would of what the purpose was to be about but to be pretty good so. That we got a great -- second they have a job basically or maybe third the third day on the job. As so he's going to be at all political over the -- what we've got and I think the majority of financial stocks are really like infect most of the financials are very big this -- so. These are start it and he teaches at nineteen point eight. Does the 159. We that the NASDAQ up to 48 oil prices down around twenty cents a forty want to change in gold down to fifteen years and eight and seven. "...

[0:21]..." good start. To be the fourth day in -- world that we CBS and the -- advocates expect the -- Summers have been the scene looked something like that. I have -- against the there "...

[1:33]..." it's not been pretty so far but they they continue to come AT&T was up this morning and they were down 23% on the auditing company. But the good news is is that they had "...

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2:47more in this series...

Before the Bell 1/27/2008

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27 Jan 2009

Before the Bell 1/27/2008 

An early look at the market with Financial Editor Dave Caruso.

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[0:21]..." about the clutter so this morning we got the three popular names American Express DuPont to Texas Instruments. Not helping yourself all locked the American Express was 79% drop. For the fourth quarters but it took a lot of write downs and there about a -- behind expectations that a lot but again the financial -- some tough times. DuPont they have losses while they cut their outlook. The loss looks to be about seventy cents a share in the street was only expecting about twenty cents -- so. They also came out and cut the forecast and I agree when their Texas Instruments speaks semiconductor company that reported 86% drop in the profits so. They too were cutting about 3400 jobs and they warned -- "...

[1:21]..." we've been here it was something were to go to their. A Bristol-Myers also in the drug group most profitable point two billion dollars and are you that but this department of I think a "...

[1:47]..." David to the housing market a nice surprise on some housing numbers yesterday but today a different report. "...

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2:54more in this series...

Before the Bell 1/26/2008

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26 Jan 2009

Before the Bell 1/26/2008 

An early look at the market with Financial Editor Dave Caruso.

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[1:33]..." the 38 years. And don't even mention about a 137. Of the S&P 500 are coming out of their earnings so we got -- spectacular surprise about it at least a little bit of lift this morning know what we get disappear tent. A 1048 -- has -- nine point eight oil prices are down about 75 cents at 45 and change. And we also got that the -- booked August 11 has such six "...

[0:46]..." not so bright new year to date it has -- 8% the S&P down almost 8%. That's the extent six point 3% small cap Russell 2011%. Of we're so all those of you looked overseas "...

[2:54]..." Camera looking at a big deal on Wall Street. "...

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3:34more in this series...

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