Dave Caruso's Before the Bell

Before the Bell 5/15/2008

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Play from 0:00[0:00] ..." Intra -- Caruso is Bob doll would marketwatch.com good morning to you Bob. What's in store for the market today the big picture new stores."...

Play from 0:25[0:25] ..." last month and that's more than double the climate economists expected a weekly jobless claims rose 6000 to treatments -- in 1000. And the empire state index in the north New Yorkers to deteriorated slightly for the and this straight up most it's basic some respect. Net foreign security purchases but NATO though is that index and then the housing market indexes so stoke up."...

Play from 2:22[2:22] ..." think that would still working or -- would be lower interest rate environment should help but people. You know it's still very cautious about you know extra cautious."...

Play from 0:00[0:00]" Intra -- Caruso is Bob doll would marketwatch.com good morning to you Bob. What's in store for the market today the big picture new stores."

Play from 0:08[0:08]" There's a slow it ready in and Mordecai and so it is set to open and industrial output plunged in April. Reflects big cutbacks in both autos and other manufacturing industries beyond the reserve report that its production fell point. Is it up like 7% last month and that's more than double the climate economists expected a weekly jobless claims rose 6000 to treatments -- in 1000. And the empire state index in the north New Yorkers to deteriorated slightly for the and this straight up most it's basic some respect. Net foreign security purchases but NATO though is that index and then the housing market indexes so stoke up."

Play from 0:48[0:48]" Okay will will get back to that if we have time. Stocks to watch today as I know there's a lot."

Play from 0:53[0:53]" He's so -- and so when Microsoft will be in the news today Carl Icahn is seeking FTC antitrust clearance to buy two point five billion dollars worth of got stopped. He says is that these -- Microsoft need. To combine in order to compete with Google he's formed a ten persons -- to stand the board election he's sent an open letter BO report in the sense that sort of bought 59 million dollars with the Algiers in the past -- still be topic on the watched. And keeps also said today that it peace deal to -- CNET networks at a 40% premium. And it says the company says that will -- to get one of the ten most popular Internet companies in the in the the other countries right now combined its four million unique users. And -- eat at this morning I guess it's going to auction off its planes unit for about five to eight billion dollars. On you remember that the -- as they expected nineteen -- now to metal prices and housing slump is really the planes unit. So it's not a piece of business that -- one analyst has got much incremental opportunity at the moment. I'm pleased is taken down that its quarterly profit so from a year ago there's some. Counts related to credit and a little bit JC Penney said its first quarter profit -- the 2% and expects a rookie had. And two the first quarter. The stocks to watch."

Play from 2:10[2:10]" Okay -- getting back briefly to the housing industry report coming out any improvements expected."

Play from 2:16[2:16]" So you know I think it's still bushels -- things off. -- would open. That we speak economists think that would still working or -- would be lower interest rate environment should help but people. You know it's still very cautious about you know extra cautious."

Play from 2:31[2:31]" and Bob just very quickly you know where's the best place to live in America."

Play from 2:35[2:35]" Particulars for the -- terrorist list North Carolina a kiss to the top spot in relocated to dot com's list of the best place to live on each that was the place to be. Displaced Asheville which dropped to number seven and to -- Texas was runner up."

Play from 2:48[2:48]" Okay thank you so much -- take care"

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