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Dave Caruso's Before the Bell

Before the Bell 8/15/2008

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Play from 1:13[1:13] ..." it and we're also going to hear a little bit about the university of Michigan's sentiment is an absolute bloody -- And -- two point 3013. Has six of one point two oil prices continued down almost"...

Play from 1:41[1:41] ..." being done in the in the trash world that would call that. Republic Services rejected a sweetened offer by. Waste management they appealed for 34 to 37 the -- thing now. A lot of retailers throughout this morning a little bit of a disappointment in most cases JC Penney was they -- their profits fall dramatically today so that's not good sales also dropped they lowered their outlooks so I think some of the price points from higher than they should have been and so they sold. Cold also on the other hand -- they raise their outlook they said that we got tight inventory controls. We've got some exclusive designers are selling source and they got a pretty positive things the six. The flip side is very high and orchard they cut its forecast a bit slower sales especially California. A lot of deep -- and helping them much Abercrombie & Fitch also earnings 4% sales of 5% but again. The kind of shy at all fronts. Non retailers are desperate attempt to have"...

Play from 0:00[0:00]" And we say good morning to double BBC financial editor -- Caruso the -- before the bell stock report on a Friday I gave -- Okay so the market's headed up yesterday and it looks like we're going to get the same results this morning tell us about that."

Play from 0:13[0:13]" You know we're told that under -- for the week but you know these lowering commodity prices -- certainly created a better climate for stocks and despite the big -- today on the inflation and CPI number the other they're still doing okay this morning recess were up a little bit here so. Let's hope we can be a positive by the and that today anyway so the music give up this morning we have manufacturing numbers is the empire state which of the York manufacturing index. It was a little bit better than expected this despite some rumors of late that we're not speaking style we are making stuff. And that's not all about the financials with the index was up two point 8%. Last month that was down four point 9% so to put it prospective anything above zero says its improved. So it's improved that a few more things sexual this morning. We've got what capacity were using United States that was up to 79 point 7% so. Because what percent of directors sit around doing -- We get the also the factory orders best in ten months of four tenths of percent this morning investor production came out not not great there was ought to protect upper percent for the year but I guess for it will take it and we're also going to hear a little bit about the university of Michigan's sentiment is an absolute bloody -- And -- two point 3013. Has six of one point two oil prices continued down almost a dollar and 9113. Aerial look at gold today. Don't fourteen point six were now below 79999. Bernal blowing her -- announced."

Play from 1:33[1:33]" Well okay what stocks are making news."

Play from 1:36[1:36]" about -- you know there's been a lot of rejections of late of deals that were supposed to be done that are not being done in the in the trash world that would call that. Republic Services rejected a sweetened offer by. Waste management they appealed for 34 to 37 the -- thing now. A lot of retailers throughout this morning a little bit of a disappointment in most cases JC Penney was they -- their profits fall dramatically today so that's not good sales also dropped they lowered their outlooks so I think some of the price points from higher than they should have been and so they sold. Cold also on the other hand -- they raise their outlook they said that we got tight inventory controls. We've got some exclusive designers are selling source and they got a pretty positive things the six. The flip side is very high and orchard they cut its forecast a bit slower sales especially California. A lot of deep -- and helping them much Abercrombie & Fitch also earnings 4% sales of 5% but again. The kind of shy at all fronts. Non retailers are desperate attempt to have this morning store sales and MBIA and ambac those are two of the bond insurers they had actually doing pretty well this morning as -- should be. Affirmed their ratings that it."

Play from 2:39[2:39]" Okay I am very quickly. I remember last year in August when UN on vacation again and that's when they had the special Fed meeting and the markets jumped way up."

Play from 2:48[2:48]" That's -- and so what we get that began -- I'm leaving and all of you for this to hurt us were going to have the duplication rallied to."

Play from 2:55[2:55]" It'll work. Never mind Santa that is the -- a rally thank you Dave have a great --"

Other Episodes in this series

Before the Bell 1/28/2008

audio

28 Jan 2009

Before the Bell 1/28/2008 

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

listen

[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

audio

27 Jan 2009

Before the Bell 1/27/2008 

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

listen

[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. "...

timeline

3:34more in this series...

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