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Dave Caruso's Before the Bell

Before the Bell 8/13/2008

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Play from 1:03[1:03] ..." suspect in a petition also right now and get a total market S&P down about five point eight we doubt about 52. That's that's sent to the next half full of about 37 cents --"...

Play from 1:41[1:41] ..." good of a disappointment. And home building arena we saw behind builder Toll Brothers not good news to report their revenue down 34%. Back walks down to 52%. Signed contract -- 35% so we were expecting"...

Play from 2:13[2:13] ..." own stock back at. He's big retail or -- they -- a quarter profits drop a little bit. That some of these nonrecurring items it's hard to look at what we're seeing used. Where a lot"...

Play from 2:39[2:39] ..." They look at the -- Caremark looks like they're going west they're buying longer to collect two point 9000000032%. Premium there. Luke -- off also but 10% this"...

Play from 0:00[0:00]" WBZ financial editor -- Chris doesn't this morning -- gave -- Market digesting a lot of information this morning."

Play from 0:06[0:06]" It's six of a busy day considering where you know have we could weaken in the -- about it that they almost into the summer coming up the products but a lot of traders are -- they're still working. And of course was still worried though I think is key issues are. Retail sales a little bit on inflation and and also -- earnings stories continues to. But to the retail side that we got the -- this morning ready dirty and they orbit they were actually down 1% 2% for July so it's certainly not at all direct consumer out there as we saw also get beat up pretty hard. It is isn't this a little bit better than anticipated but still not robust consumer. We look at the inflation concerns community import prices which -- up one point 7%. And that's a record high and that's so high that these indexes rose president a year 42% particularly you know this is a tough time but good news is is maybe we're starting to see some of these oil and commodity prices conservatively but not a big number they're so. Inflation worries coming up. It's -- it's news and business inventories to -- would suspect in a petition also right now and get a total market S&P down about five point eight we doubt about 52. That's that's sent to the next half full of about 37 cents -- thirteen and also 82822."

Play from 1:16[1:16]" And you mentioned those earnings David what about."

Play from 1:19[1:19]" The big disappointment sporting was Deere and company United didn't quite make their numbers that they were okay proper troops percent. The blame was on soft US market and higher raw material which we then you're just talking about so. The guidance was really what hurt because that was lower than expected despite public seems to be big demand for agricultural products and you know they're make equipment partisan response against the good of a disappointment. And home building arena we saw behind builder Toll Brothers not good news to report their revenue down 34%. Back walks down to 52%. Signed contract -- 35% so we were expecting much stick together but. It was interesting that we so the CEO Robert -- was talking about. Growing at commendable people who were putting off building dominance against I guess that's grasping at something. A maker of video they -- bit of a disappointment we have about a 140 million dollar loss to report. Do some production problems that came up with the good -- what they're going to simply going to buy their own stock back at. He's big retail or -- they -- a quarter profits drop a little bit. That some of these nonrecurring items it's hard to look at what we're seeing used. Where a lot of these companies in America but to other retailers are doing what we call you pot they're under promising and walked over deliver -- that we're seeing this morning also plant materials. A bit of amid this morning Internet chipmaker equipment companies and also -- business to."

Play from 2:36[2:36]" I just spoke -- on twenty seconds here I think correctly."

Play from 2:39[2:39]" They look at the -- Caremark looks like they're going west they're buying longer to collect two point 9000000032%. Premium there. Luke -- off also but 10% this morning again on lowering their forecasts. Also we're driving four point -- percent less in June I guess we are starting to be better consumers spot by analysts or own guests."

Play from 2:59[2:59]" All right and it's reflected at the pump all right David thanks so 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

audio

26 Jan 2009

Before the Bell 1/26/2008 

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

listen

[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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