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Dave Caruso's Before the Bell

Before the Bell 7/02/2008

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Play from 1:13[1:13] ..." that bear market area right now this morning -- learn we've got. S&P up three point nine. Does -- a whopping one point that they accept ten point five so upon this -- look at the market doesn't care or president about forty cents about 140 to have for the -- four point 6% -- the full. Like go by the way congratulations on the Murrow Award on a keen extra. I can't idea for doing one now on adults dress for the stock market will be the next."...

Play from 2:05[2:05] ..." or might they bad news is good news what -- the Starbucks because. You know the harsh reality is that on Wall Street when you laypeople often and -- or operations. Then that's actually good for investors because you're doing things to do about it and -- Starbucks announced that they're going to -- I think 600 stores but 12000 job market and right now -- bet there which in"...

Play from 2:52[2:52] ..." some other partners like Time Warner. In News Corp. which owns The Wall Street Journal and maybe that Britain we're -- produce something which Yahoo's so I get the good news about that is that the"...

Play from 0:00[0:00]" Before the bell now double BBC financial editor -- Caruso who could use a -- those sneakers to go back to the go go ninety's -- right now and all right now let's talk about a little bit of a preview of tomorrow's big job numbers how does that."

Play from 0:14[0:14]" was -- about it you know we're we're -- is the EDP report its payroll company and they have a little -- the head start over that part of -- you know we're doing so they've got a one -- to lead on the monthly report it's going to be -- what they're saying they expect 79000 private sector jobs that two because and again that's probably the worst of about six years so of course we're not looking good there also revised their downward for the basically they're -- for -- Down to 25000 that was originally 40000 so I think it's really pretty good you know things in perspective it's a tough time in the job market we also got the challenger job reports that are likely to said that -- job cuts for the month they -- firings announcement and -- by the 82000 jobs so looks like it's going to be a little bit -- we'll see what happens tomorrow and then when the job numbers -- mountain. We have to celebrate July 4 since we have a spotter says so. You know yesterday also we have the proverbial 40% correction in the Dow. Early but you don't want it didn't happen so I guess they were still trying to fight this -- a book that bear market area right now this morning -- learn we've got. S&P up three point nine. Does -- a whopping one point that they accept ten point five so upon this -- look at the market doesn't care or president about forty cents about 140 to have for the -- four point 6% -- the full. Like go by the way congratulations on the Murrow Award on a keen extra. I can't idea for doing one now on adults dress for the stock market will be the next."

Play from 1:40[1:40]" The world markets stressed and you'll be my central protagonist it. You have to deal everybody calling you what's happening in my portfolio okay you don't have to go right away though we've got time okay and thank you by the -- very gracious why is the market holding up with a bad news --"

Play from 1:55[1:55]" Part of it's because when the job losses are speaking which hopefully they are right now it means that -- a lot closer to the bottom into the top we have got some good news from a couple of companies -- or might they bad news is good news what -- the Starbucks because. You know the harsh reality is that on Wall Street when you laypeople often and -- or operations. Then that's actually good for investors because you're doing things to do about it and -- Starbucks announced that they're going to -- I think 600 stores but 12000 job market and right now -- bet there which in big time that they can have a do over over the last three years because most of those stores that are going to be closed. Are the ones that opened up for years ago the stock up 5% this morning to that's helping. Also we get Yahoo! on -- open a lot too because so Microsoft is not done trying to buy them apparently and I thought it was interesting that one of the top Yahoo! expects that that -- Microsoft was really serious about this. Oh really what was it like now they're talking to some other partners like Time Warner. In News Corp. which owns The Wall Street Journal and maybe that Britain we're -- produce something which Yahoo's so I get the good news about that is that the Yahoo's stock is -- this --"

Play from 3:02[3:02]" Okay there I just shut myself off well I hear -- broadcasters sensors -- off the hair cut right to. David we appreciate your time always holds onto this time tomorrow. -- thank you"

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

audio

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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