Dave Caruso's

Before The Bell for 12/12/2006

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Play from 1:03[1:03] ..." bit in the in the sockets flat out -- even good news Wall Street got a brush it off. The economic side we got the trade deficit numbers they narrowed eight point 4% October's about --"...

Play from 2:13[2:13] ..." enforcement stock down percent this one. -- another bit of -- disappoint Texas instruments. The foursquare fourth quarter estimates and they -- saying that the victorious Israel -- Wireless businesses use what they're the major parent what to order is much as they anticipated -- it would have is an aspect becomes wanted to. If it's a lot lately about Citigroup and -- made an announcement late yesterday an exodus started when -- a couple of weeks ago they went from. Beat number"...

Play from 3:09[3:09] ..." disappointed I think they want to see some more things happen Hewlett Packard also that better than it was CFO Wayman was expected to leave. And it has some good news this morning it's a"...

Play from 0:00[0:00]" WBC news time is 925 times per hour before the bell stock reported WBC financial editor J crew sent checks in this morning David good morning Deborah. Back to earnings -- big investment banker first up."

Play from 0:12[0:12]" You're you're talked big about a -- took his songs have been about this some of these guys coming up that's the ticket to one of the test but certainly opened the report which covers an of course. Eric road or street expect that little students to share in earning an exclusive 6000 -- Let's toast all the engines are listening with -- Internet -- about 33% at three point five billion dollars it spent. Almost a politically because they are big player in the front arena. Still -- on which way was up over about 40% last year. Fortunately -- so well it's underwater to the tune of a minus 11% this year. So when you're looking at all the major averages a double digit that probably little black guy that they get so far this year but again three point one billion dollars isn't too bad. The response because when the are basically about initially but I think that there was kind of seems a little bit in the in the sockets flat out -- even good news Wall Street got a brush it off. The economic side we got the trade deficit numbers they narrowed eight point 4% October's about -- rural five. And of course you know that's the actor number of exports which I think was sickest thing and that would send the given the dollar is going down that does make our go to little jeepers I guess that's a little but the good news. Today we that the Fed meeting we'll see what happens by to 15 but I think anything other than no change is gonna be a surprise for the market right now market kind of slated to be futures. One point five to get the -- six nasdaq and one half skirted a testament to old stone around two books as."

Play from 1:39[1:39]" little disappointing news from a busy store this season."

Play from 1:42[1:42]" And this this beaten out you know that the numbers that came out of are talking about best buy -- little bit of -- disappointment on the earnings side the analyst at about 30 cents a share they got about 31 cents a share in the same store sales were four point 8% expect really was saying the revenue was a little bit later -- expectations. Probably doesn't feel that way is a lot of -- been -- two best buy over the weekend there's a lot of traffic tunnels things going. And this was the past numbers so we'll see if they get a chance to make it up by an exec order but for this quarter two enforcement stock down percent this one. -- another bit of -- disappoint Texas instruments. The foursquare fourth quarter estimates and they -- saying that the victorious Israel -- Wireless businesses use what they're the major parent what to order is much as they anticipated -- it would have is an aspect becomes wanted to. If it's a lot lately about Citigroup and -- made an announcement late yesterday an exodus started when -- a couple of weeks ago they went from. Beat number one banking market cap the number two bedroom remember it -- slot as a result of this about it they're back. The number one and tourism market cap in what they announced there's some new personnel seal Robert durst and addressed an excuse me as an investment banker he's in -- cut expenses so we'll see what happens kind of a surprise it was a little but the -- but -- cross checked the CFO that he was going to be out but apparently not so -- princes as CEO of the company. Said that everyone's going to stay there we're going to move on so they're going to move on so little -- disappointed I think they want to see some more things happen Hewlett Packard also that better than it was CFO Wayman was expected to leave. And it has some good news this morning it's a new drugs in the pipeline -- what happens."

Play from 3:20[3:20]" David sounds like a busy went all right appreciate it thank you"

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