Before the Bell 7/18/2008

[0:09] ..." little bit mixed the delicate isn't it great that we get some oil prices coming down a couple of more confidence is going on in the financial markets and -- have been about two days and"...

[0:42] ..." than anticipated so that stocks -- hit a little bit this morning. Citigroup which is the big visible these banks they actually reported. -- up big write down as well about seven point two billion but it's a much bigger company that elected -- so essential beauty is a bit of a sensitive with a total loss for the quarter was. Two point five billion but you don't want that was better than anticipated so the stock investigating a little bit of -- so far. As we look at -- earnings a lot of the financials particularly to some good things from this week from state street are -- and in northern Pacific are doing well I think electric affirmation of support from the government sitting in Freddie Mac is. It may be saying okay -- going to have a weighted financials -- the focus of the last couple days now"...

[1:37] ..." minister came up this morning if we look at it unfortunately Microsoft what an excuse they were a little bit light of their expectations that. The good news is they -- they made money"...

[0:08]" We know it's a little bit mixed the delicate isn't it great that we get some oil prices coming down a couple of more confidence is going on in the financial markets and -- have been about two days and over Betty and so we're getting a little bit more the same this morning there's been you know a little bit of weakness of some of the earnings that are out and I think the big disappointment this morning is from another financial. Which is Merrill was such. A last night they -- another big write down of about nine point seven billion and I think that's on top of the thirty billion authority written off. In the exhibit at a much larger law test for the quarter four point 65 billion for the quarter which is more than anticipated so that stocks -- hit a little bit this morning. Citigroup which is the big visible these banks they actually reported. -- up big write down as well about seven point two billion but it's a much bigger company that elected -- so essential beauty is a bit of a sensitive with a total loss for the quarter was. Two point five billion but you don't want that was better than anticipated so the stock investigating a little bit of -- so far. As we look at -- earnings a lot of the financials particularly to some good things from this week from state street are -- and in northern Pacific are doing well I think electric affirmation of support from the government sitting in Freddie Mac is. It may be saying okay -- going to have a weighted financials -- the focus of the last couple days now market's going to take -- futures are seven point two because the delicate -- seven net except one. Is up a little bit about to -- forty right now on the technical doubt about thirteen and half dollars worth."

[1:37]" minister came up this morning if we look at it unfortunately Microsoft what an excuse they were a little bit light of their expectations that. The good news is they -- they made money that three point four billion for the quarter. Anyway they were just a little bit less than expected. You never know what to expect they actually see the commotion decent numbers this morning by most standards because their profits for about 35% -- Markets want it more toward if you think about what happened in the last quarter to Google steps. -- are following the recorder which had a better one last quarter it was eighty point. One that was awful little bit from expectations it looks to be off forty dollars so expect that after the volatility when your phone some of these technologies stocks. Be so there's an old claim they actually did very well they're very well they did better than expected stocks up again this morning. That's a little but the change your personal over the indeed chipmaker. The brutal but the shuffle with management and they reportable loss of one point two buddhism isn't going to Church now. -- who the president is now going to be -- yet to promote peace in Newton technology."