Dave Caruso's Before the Bell

Before the Bell 6/19/2008

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Play from 0:51[0:51] ..." blame is on higher healthcare costs and -- as errors like the Medicare program the commercial side. If you're seeing a lot of these other health care stocks offered sympathy as well we're seeing -- getting United healthcare and WellPoint although that is out. In -- their earnings so we'll see if we get some more affirmations later today. Speaking"...

Play from 1:41[1:41] ..." What is not flying is General Motors reported."...

Play from 1:52[1:52] ..." and and if you look at the last five years we've seen Toyota up over 93% in two yen down 60% as a 150% spread so. Right now the what they're saying is they're putting"...

Play from 0:00[0:00]" Time for our before the bell stock report and WBZ financial editor Dickerson is in this morning and David good morning. Let's take a look at what they weekly jobs report sent."

Play from 0:10[0:10]" It is the weekly that as you mention is that the monthly numbers which I lack the market a couple of weeks ago on Friday but that the numbers out today they're a little bit better than we anticipated there are. About 5000 less people feeling finally excuse me for a new job planes in illegal developed. Total over the average your weekly numbers that they look at -- about 381000. That's verses the sub 300000 monthly a -- the last in last year. So looks like -- little bit of rocky start this morning as well if we look at some -- health -- stocks. We get some bad news last night from Coventry as the stock ought to be off somewhere and it took about 20% this morning. And they Warner 2008 earnings estimates as well it. The blame is on higher healthcare costs and -- as errors like the Medicare program the commercial side. If you're seeing a lot of these other health care stocks offered sympathy as well we're seeing -- getting United healthcare and WellPoint although that is out. In -- their earnings so we'll see if we get some more affirmations later today. Speaking of later today at 10 o'clock -- this -- in the Philadelphia Fed business activity index posted Alberto. And then we also get the crystal ball coming -- the bulk of leading economic indicators and it's trying to get a little open to handle on where we're headed in the markets and the economy's so. Right now markets about flatness of beef futures down 110% down in the towers to right now -- In the domestic six despite Nigerian destruction -- that or those in the too much it's a 40% to 137 right now it's a goal line the fifteen barks. Back over 900 it -- finally."

Play from 1:41[1:41]" What is not flying is General Motors reported."

Play from 1:44[1:44]" You got that would that stock is the lowest level in over 26 years is -- below fifteen dollars a share. And you know we always look at the competition over there and and if you look at the last five years we've seen Toyota up over 93% in two yen down 60% as a 150% spread so. Right now the what they're saying is they're putting on hold the next generation of this UVs and pickup truck some weather which were -- sellers. The focus now is on more fuel efficient vehicles a SAT in. I don't promote. So those that kind of a problem we see things going on but. You know the four dollars a gallon has brought it to the forefront. And that creates a new sense of urgency with the promise to take awhile to -- dampened developed these things so. There's strategic blunders kind of coming out of Canada there's a tactical pushed to try to get I guess they're version of an appropriate so pronto."

Play from 2:32[2:32]" And anything else in -- ended up at."

Play from 2:34[2:34]" Hewlett-Packard they're reorganizing the printing division looks like other gonna cut from target to three units is that they seem to -- small businesses less dependent on printing. And you know the -- right when he came to cameras when they were competing against Kodak did very well there so now I think what they're saying things were going to probably see more document imaging system so. You know those messy piles we have our desk. Now that's going to be electronic version probably as a speaker we went ago. It also I think that what's vital that the -- about yesterday there was a surprise ruling on the EA DS which is kind of the French Airbus. In conjunction with Northrop which is the US company they want a forty dollar -- forty billion dollar bid. Now it's going to be rebuilt because again a second chance subsidies Air Force tanker itself but this -- so the government nobility -- this vital."

Play from 3:21[3:21]" Never say die all right David. Appreciate the update Dave --"

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[2:51]..." lot of that's related to what's going nobody investment and bank of new York Mellon and that was that architecture percent of the first signs are not great for the financial support. "...

[0:26]..." looming and we were about that yesterday we heard about those lousy retail sales numbers especially as we go into the holiday season. You know we still need to get that Libor spread less -- which "...

[1:17]..." for consumer inflation. We also certainly that's a much help from -- oil prices and -- 75 dollars a barrel and also Thursday opener which we always get the weekly numbers on jobs jobs. Well this "...

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