Dave Caruso's

August 7, 2006

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Play from 0:51[0:51] ..." up and then two thirds of -- The ten year treasury still -- so little money down one point 6% that you don't want it was a pretty good week last week -- we'll carry through this week with fears that interest rates are hopes -- interest going to stop this week we've obviously got the big news on the Fed meeting coming up and that's the biggest event of the -- Your little bit more about productivity in the Korean trade and Greg"...

Play from 1:40[1:40] ..." I torture your best guess some low interest rates when the Fed meets tomorrow."...

Play from 2:32[2:32] ..." that's in the yet. Institutional pharmacy business Berkshire Hathaway that's the second richest guys company warned profits reported good earnings up 62% on his company -- was -- from. Higher hurricane insurance sales and also"...

Play from 0:00[0:00]" WBC news time is -- 25 it's time for our before the bell stock report and WBC financial editor Dave -- in this morning hi David good morning. All right that first week of August is in the -- how we looking so far this year."

Play from 0:14[0:14]" July -- must return to July 1 week of August is about the same although there was a lot of stuff going on it. But we had good earnings and you know pretty much over the last three weeks for two more were expected in parts of 1% of the companies reporting better earnings so. You're gonna get a decent numbers -- a four point 9% year to date so those are pretty good S&P is up about two and a half percent overseeing the small cap Russell index so far this year up four point two 2% a little bit to let -- that. Aspect as a wanted to get -- about the growth story -- sound bite of almost five percent and we get back growing well those -- the Arctic that the artist internationally that pretty well the Morgan Stanley -- index is up and then two thirds of -- The ten year treasury still -- so little money down one point 6% that you don't want it was a pretty good week last week -- we'll carry through this week with fears that interest rates are hopes -- interest going to stop this week we've obviously got the big news on the Fed meeting coming up and that's the biggest event of the -- Your little bit more about productivity in the Korean trade and Greg if you more earnings for the likes of Disney and fiscal and target an AIG I think this morning we got that -- worry you can't we saw looks like -- he's going to be shutting down -- its oil fields of Alaska -- that's because of some corrosion issues in this couple because some closure on the market this morning is receiving most of market's down so. Right now the -- the futures down three point nine that we get the Dow down to 48. Aztec down six point two as you can expect or look at the dollar 90 just here under -- six dollars a barrel and gold country to have partners want to."

Play from 1:40[1:40]" I torture your best guess some low interest rates when the Fed meets tomorrow."

Play from 1:44[1:44]" Well you know predict the company is certainly looking at slower economy and then 70 great increases an -- the consent that is actually -- their own apostle little bit here there's going to be certainly some tough rhetoric from the -- William a lot of we see signs that inflation coming back we're going to raise it again they're going to be tough but. It's the balancing act that's going on between the growth in the economy versus too much inflation got a real good taste of that on Friday when we saw the slower -- which look like -- a perfect number where you wanted to speak but later in the day the market really languished because it's an old maybe this this slow growth this can slow. And that's going to the -- earning so little -- more than Connecticut sure this week. Lancelot -- quote Monday's a couple of deals but to drug distributors are taken to a divisions and trying to put together America of her source broken and a kindred healthcare so that's in the yet. Institutional pharmacy business Berkshire Hathaway that's the second richest guys company warned profits reported good earnings up 62% on his company -- was -- from. Higher hurricane insurance sales and also we're gonna hear from Apple morning probably Steve Jobs once a year he goes and talks to a lot of the tech music. Tends to be a software conference that he does annually it's going to be probably focusing on the Mac but we've neighbors have been just think things from iPod itself. The European interest and they start to 1 O'Clock --"

Play from 3:00[3:00]" All right David thanks so much we'll keep people updated on the business news and a markets throughout the day as well as what's happening with oil per"

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