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Dave Caruso's Before the Bell

Before the Bell 12/04/2008

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Play from 1:09[1:09] ..." to 2%. And that's the lowest numbers of 1939 over there the European Central Bank cut by three quarters Sweden -- so more global slowdown coming up. They become public good economic news could get worse before"...

Play from 2:09[2:09] ..." its its personal this morning the -- spot again continued to be Wal-Mart they're they're leading the factor the biggest. Still beat expectations with a with a look like them all up with a sixteen"...

Play from 2:19[2:19] ..." We won't get into Wal-Mart today that commentary. The guy showing up in Washington. Taking their cars -- hitch hiking pregnant -- it's going."...

Play from 2:31[2:31] ..." the new version of the auto show. Opera didn't put the jet companies out of business that would -- the last time around. And until we have testimony that"...

Play from 3:01[3:01] ..." to what they're going to be able do this here's the -- General Motors -- Chrysler going to have problems by the -- the more and so. It will probably be done. Hopefully you don't have"...

Play from 0:00[0:00]" It's time for a hour before the -- report with WBZ financial editor David Caruso. And Dave we have three wonderful things to talk about today don't we all good news out there right out. You know I -- okay let's start the first dinky things. Job data."

Play from 0:17[0:17]" Yeah we got the weekly numbered if so it volatile London there was some concern about a lot of layoffs and they we heard some of the political prisoner hostage that your bank Wellington and and in many others in the past but the weekly data actually shows that the new jobless claims actually sold like 21002 weeks of the group number the number of those unfortunate you look at the longer term moving averages still over 500000. There's no more than four million people unemployed adult -- but tomorrow really debate number. That's what we jobs claimed -- expect much directly expecting the numbers that jobless claims for the must actually be down 310000. So there's not great expectations and makes. Decorate it for six and a half percent to six point 8% shall see tomorrow what happens with all that and continue to hear about more than just -- today we heard from eighteen -- DuPont so proud to be very interesting day. -- this morning -- rate cuts across the globe equity political -- it's 1% down to 2%. And that's the lowest numbers of 1939 over there the European Central Bank cut by three quarters Sweden -- so more global slowdown coming up. They become public good economic news could get worse before it gets better but the market following up. And good news if not reacting more negatively to -- try to figure out. Now what's going on the table what's going on at six to twelve months immortal over the equipment and 767."

Play from 1:39[1:39]" Okay have a retail numbers -- out."

Play from 1:43[1:43]" That particularly watchful -- it was a day with -- The Major League discount came out of protected good day and even Monday as cyber Monday -- beyond one utilities -- 50%. Up with it you know we happily Thanksgiving and the rest of the month was certainly not so -- we saw some of the wanted to do a pretty good. Like Carol Costello -- they were down 5% they were weaker than anticipated may have been holding up pretty well. Are not much for Limited Brands wet -- considered somewhere in part it was down 10% of its its personal this morning the -- spot again continued to be Wal-Mart they're they're leading the factor the biggest. Still beat expectations with a with a look like them all up with a sixteen or so but two -- didn't quite make a great."

Play from 2:19[2:19]" We won't get into Wal-Mart today that commentary. The guy showing up in Washington. Taking their cars -- hitch hiking pregnant -- it's going."

Play from 2:31[2:31]" the new version of the auto show. Opera didn't put the jet companies out of business that would -- the last time around. And until we have testimony that never helped the market but the biggest potential conflict is that the quality going to get their planes trains and automobiles and up first over the jets could either drug withdrawal agreement they don't make it and they are -- like for the next so. Gupta coming up they were originally asking for 45 billion they're that was what was put on the table now they're asking -- 34 billion and even -- retreat CEOs are going to be working for a dollar next here. We're committed to what they're going to be able do this here's the -- General Motors -- Chrysler going to have problems by the -- the more and so. It will probably be done. Hopefully you don't have to -- to a third requested."

Play from 3:11[3:11]" All right David Caruso hopefully we'll have better news tomorrow."

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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