Before the Bell 6/5/2008

[0:20] ..." that's coming from a number -- this morning. First and foremost Wall Street likes to deal looks like there's a deal of telecom worth -- Verizon Wireless. Looking to want to gobble up Alltel which"...

[0:56] ..." are liquidated things -- maybe there's more public information office of the Wall Street likes that. Also we got the weekly job claim that the head of the big monthly number this coming up tomorrow. The"...

[2:20] ..." down eight point 7% so. Nobody could neutral rock stores at 7% TJX mass based company hip 2%. Not get the flip side not everybody -- that cold down 7% although -- be 30% number."...

[3:16] ..." The there was going to be bought by you have French telecom company and I think you can tell me but -- that means."...

[3:25] ..." and I England also they they electorate -- Shays -- both the European Central Bank thank you David Caruso"...

[0:12]" You know effect on the back a bit string of late so a significant break -- just a little bit better at 4 o'clock today because the markets that are the few times this week but the positive -- that's coming from a number -- this morning. First and foremost Wall Street likes to deal looks like there's a deal of telecom worth -- Verizon Wireless. Looking to want to gobble up Alltel which is at number five carrier. They want to pick out AT&T wireless and and at the potential deal does happen that would put Verizon and at the top of the list is the largest wireless company in the US. Over ATP which certainly has that -- spot that is right now the 500 pound gorilla. -- interest -- that Alltel was just taken private last year about 27 and a half billion dollars from private equity folks like at Goldman Sachs and TP cheek. So maybe this envelope with a new trend where some of these private equity guys are liquidated things -- maybe there's more public information office of the Wall Street likes that. Also we got the weekly job claim that the head of the big monthly number this coming up tomorrow. The chance of good news there that the data shows that new claims fell about 18000 so maybe we'll have some good numbers for tomorrow also here's a positive news markets are presently is a four point two. I was up 31 aspect of six point eight we got a little about a dollar and half to 123 change and gold looks to be done around nine -- it to its --"

[1:26]" You know -- barrel again we get a 500 pound -- let's start with Wal-Mart to -- help but everybody this morning and they came out their same store sales and they look very good up three point 9% -- over the one point 6% that everybody was guessing. And they opposite -- to -- pretty good to be 24% net saying that consumers still buying maybe even look for the best bargain that may be with their opportunities and that they sure got a lot of those rebate checks coming in. Also good news for cost goes we continue to get those good prices again we're buying in bulk buying -- whereas. Same store sales there were a post 9% on the international side domestically 7%. And also getting help from gasoline they'll also which we don't like very much but if you do exclude that gas across it's still up 5% -- same store sales BJ similar numbers up thirteen point 4% in the same sort of category. Nordstrom are did pretty well up 11% for the remains that -- ourselves. Not so good trip back that they were down eight point 7% so. Nobody could neutral rock stores at 7% TJX mass based company hip 2%. Not get the flip side not everybody -- that cold down 7% although -- be 30% number. JC Penney down 4% gap weighed down 14% target not much to say down. Seven tenths of percent limited down 6% -- spelled out a percent American eagle down 9% deal was done several such as we do have a dichotomy here of winners and losers today Wal-Mart one."

[2:50]" It is always open -- let's take a look at the airlines they've had a tough time and again we're seeing what we saw yesterday from United Airlines like Continental Airlines would be cutting on about 3000 jobs reducing of their capacity. Which we're a little bit of the reduced capacity that means -- have to pay a little bit more than summers we troubles so they more get less who cares airlines -- Telecoms Swedish telecom analyst at -- rejected a 42 billion dollar deal which -- a big premiums -- The there was going to be bought by you have French telecom company and I think you can tell me but -- that means."

[3:24]" But and I England also they they electorate -- Shays -- both the European Central Bank thank you David Caruso"