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Dave Caruso's Before the Bell

Before the Bell 8/29/2008

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Play from 0:20[0:20] ..." another real seasons sat next week both of them and for the stock market. When all the analysts get back from the vacation but all all. The market -- actually had a pretty good -- even"...

Play from 1:53[1:53] ..." to come back and -- immoral life I mean for the overall stock market to really keep. Rising the financials have got -- is that it is meaningful. Today's banking climate obviously is that good but it's actually not bad. That a 117 banks on the FTSE troubled institutionally. Only nine banks have failed this year. Three banks failed last year and no banks failed little -- that would"...

Play from 2:40[2:40] ..." Stocks to watch. Any minute and Freddie Mac continues to surprise everyone. Four strong biggest trading days in a row and both are scheduled fell three and six month bill."...

Play from 3:11[3:11] ..." Even a local company and walked in no doubt -- provider of open source software these -- doing quite well that's an interesting stock and Campbell's soup. I'd just named in the -- And when that"...

Play from 0:00[0:00]" Time for our before the bell stock report and Bob -- the president and CEO of generalization is in the day occurs -- this morning Bob good morning worried at how do we look on this Friday."

Play from 0:10[0:10]" Well typically been a week with had but the fact it turned out to be a pretty good one. The like the patriot who just finished that preceded last night to another real seasons sat next week both of them and for the stock market. When all the analysts get back from the vacation but all all. The market -- actually had a pretty good -- even despite the fact of the light volume and it is sort of appreciably. And they love the GDP report yesterday -- would. Oil and bouncing around the warning. That it out in the vicinity a 116 dollars and change now up -- about a 118. But it's really not -- do much more than that mainly because the US government as well International Energy Agency both announced backup -- in his stuff. And a big problem."

Play from 0:55[0:55]" And I know you always look on the glass half full of part of the story the economy has certainly still -- growing this past year."

Play from 1:02[1:02]" The economy has actually been very very good the past few relatively speaking it's been growing at about two and a quarter percent over the last four quarters and then that even includes. And negative quarter in the fourth quarter of last year. And it very relatively weak quarter in the first court so we have them -- doing that badly at all now some of the strength from a panel last. -- months -- economic stimulus package. But that's what it was meant to the expectations given the fact that old or is probably for growth over the remainder of the year could be in the 2% range. Not all that much lower than what it has been. In fact I I've written is there have been -- analysts this morning -- said that never has growth looks so good it felt so bad."

Play from 1:43[1:43]" Susan. Well if we are and this limited upward swing I guess the big question is how -- we keep it going."

Play from 1:49[1:49]" Well one thing that we're going to need. Is going to need the banking expected to come back and -- immoral life I mean for the overall stock market to really keep. Rising the financials have got -- is that it is meaningful. Today's banking climate obviously is that good but it's actually not bad. That a 117 banks on the FTSE troubled institutionally. Only nine banks have failed this year. Three banks failed last year and no banks failed little -- that would compare that to erupted that we -- in the economy. In the mid -- to the mid nineties -- and L crisis. A 1043. Institutions -- clothes in that period and half of the 1500 S and l.s failed. At a radar 150 years and though relatively speaking we're not that bad shape."

Play from 2:36[2:36]" Let's start she watching today bought. Stocks to watch."

Play from 2:40[2:40]" Stocks to watch. Any minute and Freddie Mac continues to surprise everyone. Four strong biggest trading days in a row and both are scheduled fell three and six month bill. And at that goes well the -- prices to be a very attractive -- now people are also looking at Dell today because they -- their earnings were no idea what people expect that they were off significantly. The doesn't do flatly to restructuring charges associated with -- new product lines and trying to open up international market. And then finally. Even a local company and walked in no doubt -- provider of open source software these -- doing quite well that's an interesting stock and Campbell's soup. I'd just named in the -- And when that happens because -- stocks and."

Play from 3:24[3:24]" Bob got thanks for the update appreciate."

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

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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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