Dave Caruso's Before the Bell

Before the Bell 5/21/2008

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Play from 0:00[0:00] ..." Joining us WBZ financial editor Dave Caruso and David -- day yesterday isn't looking any better this morning."...

Play from 0:35[0:35] ..." but it it makes Turbotax and cricket which is so budgeting tracking tax software and whether or about 85% of the market so they have a pretty good -- that but revenues were -- they were"...

Play from 1:17[1:17] ..." fell one point seven. Literally that that was what we call punch unchanged -- an open door on there. I suspect out for it happened here we go with oil again -- Royce is about"...

Play from 2:02[2:02] ..." But amid a hundred billion dollars and profits to look at the major oil companies of -- those sympathy there. Well I'm since seventy bucks you know and so my guess -- but at least you don't"...

Play from 0:00[0:00]" Joining us WBZ financial editor Dave Caruso and David -- day yesterday isn't looking any better this morning."

Play from 0:07[0:07]" As bad -- yesterday you know because we opened with that those inflation numbers and old people -- smack in the face a little talk a little bit better. Effect till last that we it's a pretty good news and Hewlett-Packard they're profit troops 16%. A strong sales by more the PCs that we thought another results were lined up in great but you know their in the middle of this acquisition of EDS and there could be ticker IBM the service businesses that was pretty much had good news last night also last night we heard from into it and that's the but it it makes Turbotax and cricket which is so budgeting tracking tax software and whether or about 85% of the market so they have a pretty good -- that but revenues were -- they were up 15% earnings were two point 3% and they did beat estimates by pretty good margin. So what I'm hoping -- that will actually start using the Mets software and learning how to say it again so we'll see that the coming months. -- also a little bit of deal taco -- we go to Barnes & Noble. They're trying to figure out if it makes sense to buy borders and that they did -- actually be about 13 of all the bookstores in this country yet both of these companies is struggling it's a very tough market opinions -- A mature one and one makes three in that situation but we'll see what happens. Futures markets are pretty much slap a sport -- to beef futures fell one point seven. Literally that that was what we call punch unchanged -- an open door on there. I suspect out for it happened here we go with oil again -- Royce is about flat this morning but. Will hopefully get about a hundred point nine dollars a barrel at which liquid cooled off a couple of blocks of 918 right now."

Play from 1:34[1:34]" I'll pay you mention oil a second ago with prices now Washington is talking to oil executives today how was -- in -- planting it."

Play from 1:42[1:42]" To purposely I -- any hearings on business in Washington because it's always kind of a foregone conclusion that they're there to be on the defensive you know because they're -- things went wrong and there are evil and okay what you're talking about health care -- the mortgage business or banking or today it's -- it's it's kind of the same show and now I gotta say I readily admit that I don't like the fact. But amid a hundred billion dollars and profits to look at the major oil companies of -- those sympathy there. Well I'm since seventy bucks you know and so my guess -- but at least you don't like all -- the -- that they do on some of the stocks in the mutual -- that happened in as a shareholder. I don't want the government limiting my profits or tell me what to do so there's going to be a lot of name calling and accusations agreed issues split. Hopefully they'll actually be some constructive topic is what we've got to do this figure out how to lessen our dependence on foreign oil -- our hopes somewhere that crops up."

Play from 2:32[2:32]" Okay very honest of you thank you David we appreciate your time"

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