Skip to main content

About your Search

20090604
20171213
DATE
2013 39
2012 22
2011 4
LANGUAGE
Search Results 0 to 49 of about 65 (some duplicates have been removed)
FOX Business
Aug 15, 2013 4:00pm EDT
going. and this guy, george clooney, does not think that gives him the right to weigh in on the way sony makes movies, so does loeb as a leading shareholder have the right to push aggressively for a new strategy? we're going to being asking a former chairman and ceo of sony pictures, peter guber, what he thinks. cheryl: george clooney's so pretty. ♪ ♪ david: it is time for a look at today's market drivers. stocks sell off after stronger than expected economic data triggered fears over the federal reserve plans to start tapering bond purchases. all three major indices posted the steepest declines in eight weeks. >>> americans filing for first time unemployment fell unexpectedly last week to the lowest level in four 1/2 years. jobless claims declined 15,000 to 320,000. >>> precious metals rallying today. gold rose 2%. it really popped. to close in at $1369.90 an ounce. silver soared 5%. chairman? cheryl: anyone concerned about the global economy should listen to our next guest. he says he has a way to make money in world of currency wars and potential collapse. david: listen up. j
FOX Business
Apr 4, 2013 4:00pm EDT
just a war of words? george friedman is the founder and chairman of stratfor. he looks at all these things. george, as you heard what happened yesterday and it broke about in the 3:00 hour eastern time yesterday, one day later what have you figured out about what kim jong-un, the leader of north korea really wants to do with a statement like that? >> first kim jong-un is not simply in charge of china. there is a complex factional fight and a lot of people who are controlling it this is not one kid making decisions. second, the koreans, the north koreans have been doing this many years over a decade. they have created crises by behaving what appears insanely and they generated a lot of cash. the united states, japan, south korea, have basically given aid to north korea to stop them from doing this they have had to increase the rhetoric to get anyone's attention because people are kind of used to this. they have increased it to such a point basically the united states is saying we're not going to pay and signaling itself its willingness to do things by flying b-2 bombers through and p
FOX Business
Jul 16, 2013 4:00pm EDT
fed president esther george. she wants to taper, everybody is talking about when they will taper. she wants to begin tapering of bond purchases right now. here's what she told peter barnes bit. i want your reaction. >> i think it is time to begin to adjust those purchases. the labor market has for the last six months pretty steady gains of close to 200,000 per month. that is a good indicator that there has been sustained improvement here. david: now she of course is in the minority as a hawk but what does the market telling you about where the momentum is on the fed, whether they're moving toward her or away from her? >> well right now there is a big disconnect people say on one hand you have the big hawks like miss george who want to start tapering sooner than later. on the other hand how do you put your head around the fact we might have zero handle gdp figure coming up? everybody is revising downward their gdp figures. how will the fed treat this disconnect? gdp, jobs what is going on here? it is making people continue to be on the sidelines right now. that's why everybody's asleep
FOX Business
Oct 4, 2012 4:00pm EDT
caused the financial crisis the silliest and most ill informed is it george bush deregulations are solely to blame. that myth has been shattered in a book written by a man who was a legend in the banking industry, john allison who turned sleepy southern bank into an intellectual powerhouse that survived financial crisis with flying colors. mr. allison recently left bb&t to become the head a libertarian think tank, the cato institute. his book is the financial crisis and the free-market and john allison joins us. what a pleasure and honor. thank you for being here. let's start with a the notion that it was the regulation of the banking industry that caused the crisis. >> that is the myth. the industry wasn't deregulated. there is an increasing regulation in the george bush years. dave: started with sarbanes our fleet. >> the privacy act. dave: how did people get the idea there was less regulation of financial institutions? >> a myth created -- if you look at the regulatory pages they went up exponentially in the george bush years. dave: we have all these fancy derivatives based on t
FOX Business
May 1, 2013 4:00pm EDT
members, the voting members, the president of the federal reserve bank of kansas city. esther george. what a fantastic job she is down. having been a former director of the federal reserve, i am really very proud of her and her ability to step into that voting david: she has been a very big force. >> and the first year after that , my goodness, there she is, calling it like she sees it. she sure sees it well. david: it's nice to have a frank's voice, but getting back to the larger issue, central banks all over the world printing money like crazy. some of those are not only market movers but are buying stocks now. what you think of that? >> well, i don't want the federal reserve to do anything to buy treasurys. i don't give them a pass on these mortgage-backed securities. very close to treasurys. but the fed should state at its business, which is providing ample but not to ramble money command i think we're going to give chairman bernanke and the fed, all of them, all of them lots of credit in addition to the credit handed out test of george. david: we get that. you love esther george
FOX Business
Aug 6, 2013 4:00pm EDT
director george clooney brassed lobe's plans. sony said holding full ownership of movie and music division was fundamental to the future. liz: the shine coming off gold a bit today, falling below $1300 a troy ounce as you see, 122. that decline is the sixth session in a row. gold declined nearly $20, ending the session as you can see, 1282. david: they agreed to pay sec almost $50 million to settle charges that misled investors in a marketing deal that went sour. ubs neither. denying responsibility. a interview with carl icahn comes up on a business "after the bell." liz: yes, david, in the world of activist investing, we should call it agitator investing there is perhaps no bigger name than billionaire carl icahn. investors everywhere want to here what he has to say. we'll be exclusively speaking to carl icahn in just a few moments from everything from his battle royale with his future with dell and the battle to defeat michael dell's buyout plan is. we'll drill down on his epic clash of titans with hedge fund heavy weight bill ackman over herbalife and what his exit strategy whe
FOX Business
Sep 20, 2013 4:00pm EDT
whether or not there will be tapering. kansas city fed president esther george who is the lone opponent of the decision earlier this week said refeigning from the taper has raised questions about the central bank's credibility. >> another fed official, st. louis fed president james bullard, said it made sense not to lawn of the paper this month because of low inflation readings. he spoke with our own peter barnes of course. david: meanwhile want to talk about volatility, talk about apple. apple stock is fluctuating big-time as the iphone fans buy new hand-sets, 5ss, and cheaper 5cs. they went on sale today. >> caterpillar saying the worldwide sales weakened the past three months because of slowing demand for commodities from countries such as china. david: darden restaurant, parent of chains like olive garden, red lobster. it is getting crushed because of a dismal quarterly earnings report and forecast. >> house republicans led by speaker john boehner passed legislation to fund the government through december 15th. it include measures to derail obamacare. those measures make it
FOX Business
May 16, 2013 4:00pm EDT
what george soros will do with his 8% stake which he recently took in the company. i want to go back with bill. we're talking about how the super-rich are changing their investment strategy. another thing they're doing besides getting out of hedge fund is getting out commodities like gold, right? >> yes. once again it is an issue of concentration. they're not abandoning gold. they're making sure they don't have a overconcentration have a broad, multiclass gee graphicly spread diversification. david: when you have that much money and one of your primary concerns is the irs and how much money they will take from you, what about tax deferrals, how are they playing that bet? >> well i think, this is an area where the rich tend to do much better than affluent, normal after fluent investors because they concentrate on this. particularly given the recent tax increases it is important thing to pay attention to. at the end of the day. it is not what you earn but what you keep that counts. so what are theying doing? first of all they have broad diversified portfolios with on average more than
FOX Business
Nov 5, 2012 4:00pm EST
senate race, we have republican george allen up against democrat tim kaine. this race has generated a lot of money, more than $70 million has been invested in this race from outside contributors and the campaigns themselves. that is second only to the presidential race. of course, democrats hope that if they win, it will solidify their majority in the senate. republicans think this may give them a shot of shifting the balance. in the meantime, i've been talking to a lot of small business owners here in richmond who say there's no doubt about it, it's been a tough four years. >> if i've learned anything from this, it's how important small business is to communities. i mean, and what has happened in the last four years is most of my friends, they're small business owners as well, and i feel like we've been passing the same $25 around each other's businesses for four years, and that's what's gotten us through. >> reporter: what's interesting is virginia, of course, was always a stronghold for the republican party, a certainty for the gop. but not anymore. the demographics have changed,
FOX Business
Nov 12, 2012 4:00pm EST
? sandra: that doesn't matter. david: thank you, sandy. george lucaas is sell to the film companying to $4 billion this year may save him tens of millions of dollars of capital-gains taxes if he completes the deal before rates go up january 1st. while on a much smaller scale there are many more deals being struck before the clock strikes on a 15% capital gains rate. one of the deals is made by burt wolf whose okay again business was in his family since 1936 but he sold before the higher taxes kicked in. burt joins us now. you're thinking like a billionaire because presumably why george lucas wants to sell, right? >> if you say so. david: why are you selling? what is the specific reason you're selling now? the family has been in business for three or four generations. why sell now? >> well, we've had, i have had several years of really good business. the energy sector in texas has been really, really booming. my son's bret and zachary, the fourth generation are not coming into the business. and looking towards next year with the tax situation and the medical taxes on top of the capital g
FOX Business
May 20, 2013 4:00pm EDT
one of the stocks, george soros, you may not like george soros personally but sometimes he picks great stocks that is arctic cat. we want to go to acacia which is the other stock. they collect patents. that's what it does. it is one of the stocks really seems poised to take off right now. explain more about it. >> well that's exactly right, david. you did a got summary what the company does. they collect portfolios of intellectual property and it covers the gamut, everything from telecom to technology to health care and basically it is in a real niche in that market as a result. david: we're looking at the stock price over a three-month period. you look at that one piece where it went down, went down tremendously from 30 down to where it is now in the low 20s. what happened there? why is it going to recover? >> it already recovered. it continues to have some volatility to it because it is a relatively small name. in many cases not very well-understood. less than $2 billion in market cap, maybe a billion two. the fact of the matter they're expected to grow earnings in the 20 plus
FOX News
Sep 24, 2011 7:00am PDT
the big case is it that this solyndra what people don't understand is, george kaiser, argonaut capital got a loan where they put money into solyndra ahead of the department of energy. that's in 40 years of department of energy, that's never happened. if they can get that type of sweetheart deal, what's going on with these other nine, ten, 20 deals? we have to stop it because i guarantee you there's more sweetheart deals because there's more supporters of the current administration donators to his cause that are in the deals on the table right now. it's an outrage. >> brenda: gary b? >> i, look, i agree with toby. it's just almost ludicrous. it's not even sweetheart deals, i think it's fraudulent deals. look, if you have-- it's like the rich uncle that came to your house and when he got up to leave you went to the sofa and picked up the loose change he left behind. that's what the government is with the solyndras, we spend the money, it's there. you saw the solyndra thing. the deal was forced through. hey, whatever they want for money, big offices, big offi offices and nice furniture, l
FOX Business
Jul 31, 2013 4:00pm EDT
plan that's right for you. davidd well it's a bad day for bill ackman, george soros and other people that invested in jcpenney. jcpenney shares diving in last few minutes of trading following a "new york post" report, that cit, the largest commercial lender in the apparel industry abruptly stopped supporting deliveries from smaller manufacturers that went to jcpenney's store. we have a bgit analyst. bill, let's run through this as quickly as we can, cit, retailers need cit in order to pay the bills, right? >> yeah. i mean the way it works with factoring that smaller manufacturers like to get cash up front for their shipments, finance it through a factor like cit, so if cit is not willing to pay the short-term bills then the retailer is in trouble, they can't pay their suppliers? >> it doesn't mean that they can't pay the suppliers. it means cit is not willing to lend to suppliers up front which is concerning. we don't have confirmation yet from cit. david: amazing so many rumors here. no confirmation on that but rumors are moving the market and or moving the stock 10%. is that overre
FOX Business
Jan 8, 2013 4:00pm EST
george girl row the over at rbc today. he says he believes we'll turn back to the basics. the commodity market will focus on the weak dollar which tends to boost commodities. it will focus on the low interest rate environment and we'll see a pop in these commodities again. is that your play? >> gold is special. i think, don't think of gold as a commodity. think of it as a currency. i think that is what the world's fourth or fifth currency, it will gain more popularity. everyone wants to deflate their currency. other commodities we need a stronger economy. could be second half play. could be somewhere out next year. i'm, i'm the equity strategist. i don't claim to be an expert on this. there is value there. we'll start with oil. i think gold is different. other commodities will come along later on. ashley: scott is the race to debase across the world really and it has been going on for some time. gold has not really responded in the rate you think it would. what do you, what is your thought on gold and where it goes from here? >> we're in really not that interested in gold righ
FOX Business
Dec 26, 2012 4:00pm EST
of staff on george w. bush council of economic advisors, she thinks we're probably going over because the white house will not stop pushing for higher tax rates, she joins us later this hour. shibani: maybe the texas will be higher in 2013, but prices at the pump will be lower. some good news and some bad news. david: but first we will tell you what drove the market in today's data download. all three major indices closing to the red for the third day in a row. nine of 1 10 s&p sectors ended lower led by consumer discretionary and materials posted gains but they were the only ones out of the nine or 10 sectors. falling compared to the previous month up one year earlier. case-shiller index rising 4.3% compared to year ago. manufacturing utility slowing down, the federal reserve bank using five points from nine in november. numbers above zero indicating expanding activities but there is a slowing trend that has to be watched. shibani: let's take a look at what happened in the market. market action in the cme. telling us why volatility will be a friend of his environment. we have seen in
FOX Business
Nov 20, 2012 4:00pm EST
in chesapeake george oinking 9% up from 7.6%. the ubs rogue trader gambled away $2.2 billion is guilty in fraud exceeding limits, failed to hedge trades, and faked records to cover the tracks. that's a no-no. volkswagon recalling beetles in the u.s. due to an issue with the passenger seat air bag. it includes 2012 and 2013 models with leather sports seats. nokia releasing the new app for apple as they struggle with the map app. there's a cloud based map service available on the iphone, ipod, and the ipad. afford is bringing the smallest engyp in the u.s. to meet government fuel economy standards to be added to the 2014 ford fee yes, sir that -- fiesta making it the most fuel efficient on the market. liz? liz: lots of americans plotting a big shopping trip as they eat their meals. oh, our family. david: oh, gee, that's just like you, liz. liz: exactly like me. look, everyone. david: june cleaver. liz: you'll never see that. who is the guy next to me? not david, that's tom. black friday coming early, starts thursday this time around. saying this is an opportunity to play ets and c
FOX Business
Mar 5, 2013 4:00pm EST
the borrowers. this is a plan that is going to happen possibly in five years. senators george mitchell, mel martinez, former hud secretary henry cisneros is backing it. congress is listening. david: liz macdonald, thank you very much. >> sure. david: let me go to elizabeth, my other elizabeth, elizabeth claman for a wrap-up on the day's events. the most interesting thing for me is looking at way things are and are not compared to the last time we hit a record in 2007. back then gold was at $748. back then consumer sentiment was 99.5%, 99.5. now it is 69. liz: well that is what a bubble bursting can do to the attitude. man, have we come a long way. market right here, 14,253.77. david: i'm sorry. we are getting news now that chavez, the president of venezuela has died. more on that to come right here. she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and t
FOX Business
Apr 17, 2013 4:00pm EDT
the desk." home to kennebunkport maine, the original george bush is from maine. they are offering a $0,000 cocktail to honor its 40th anniversary. it is called ruby rose. st. germane's flower liquor, grapefruit juice, roads water, you add it up doesn't come to 40 grand. much one special ingredient. four carat ruby. the hotel offers a cheaper version without the ruby. that costs 18 bucks. lori: happy hour, david. "off the desk", when ironman theaters hit japan they will be offered in 4-d. what is that? will make the audience feel effects film and view egg them. they can include anything from seat motion to vibration to aromas and bubbles. cj group makes the technology plans to bring it to the u.s. in five years. david: they had it in the 1950s and it didn't work then. we asked you on facebook and twitter if you think apple will regain its mojo. wayne on facebook wrote in to say, apple is out of style. eloquent. lori: doug on facebook said apple's reached and retreated over the peak. it will take new technology and brilliance to return. i'm not sure they maintainedded that idea. david
FOX Business
Dec 4, 2012 4:00pm EST
one for names francis and john. 10 to one of victoria. family names of george and diana are also favorites. david: off the desk, if your name is jim today is your lucky day. the restaurant chain red robin is celebrating jim day, giving a jim beam bacon burger to any customer that can eat it or, no, to anybody named jim or jamie. if you live on jim street or variation of the popular name, you're elgible for a free burger. liz: we talk about things to watch. the reaso
FOX Business
Dec 20, 2012 4:00pm EST
? >> in that space, under the ticker symbol caf, one under the ticker symbol david george sands, that is a relatively new area for us. emerging markets central-bank have been accommodative as well. if it works small caps should pick up outside the u.s.. liz: where do you like putting your clients's money right now? >> glad to hear john likes the international small cap. the international markets going to be robust. that type of situation we are going to favor the big cap multinationals with 3% dividend yield with 50% of revenues from overseas. these are aa triple rated type companies, very save common stock investments for people to get real engage with. ashley: let me ask about housing. we got more good numbers, sales of existing homes in a eight month high. is that something that can pull the economy along? i know you say slow growth in this quarter and the first quarter of 2013 but is housing showing signs of getting the momentum that we need? >> sure. throughout the year three areas, housing, auto sales secondly and exports are better than expected, that came through today in the gdp
FOX Business
Dec 14, 2012 4:00pm EST
position as they tell you when you ask them that they want extension of the high end george bush tax cuts. that is not going to happen. >> republicans say they change position and offered $800 billion in new revenues and they say it is democrats whose position remains unchanged, they refuse to put on spending and in tacoma cuts that are necessary to reach an agreement and for them to give on taxes. congress will return to work next week in washington but still no movement, the attention of lawmakers in washington isn't really on matters of taxes and spending and fiscal issues but more on the events in connecticut. back to you. dave: for which we will all have a weekend to meditate on those things. thank you, rich edson in washington, appreciate it. liz: how and chief financial officers plan for the company's future when the country may be going into a fiscal abyss. grant thornton, ceo steven chipman joining us with a result of c f os to guide their companies through stormy weather no matter what happens. dave: today's the deadline for states to decide whether or not to run the health
FOX Business
Apr 29, 2013 4:00pm EDT
that george soros knew about this? wasn't something that was not revealed until this goldman sachs loan? >> we knew that he got roughly a 7.9% stake purchase and he did that on april 12. it is still the largest shareholder, whether he knew the financing had been lined up with a line of credit, that is up to mr. soros. david: thank you, very much adam. last week we got word that another government green energy sector is on the verge of bankruptcy. fisker karma failed on monday to repay almost $200 million in loan money from the department of energy. it is closing down operations and estimated to lose over $500,000 for every car that they sell. now there is word that the government micromanaging of the car company made a loss is even worse. we would welcome our next guest now. next, losing $500,000 per car, for every car -- that sounds like a terrible thing. is that possible? >> it is not possible to succeed, that is why they are in such financial dire straits. this is the problem when we have the government investing in things of the private sector should be investing in. we don't k
FOX Business
Jun 14, 2013 4:00pm EDT
, nice guy faces. george reeves in the tv series that started in 951. christopher reeve with first big "superman" film in 197 #. now, hen very cavill on the far right. it his turn. he is now brooding and bad boy mode. he is steel earlier. darker take owed in part to chris nolan. director of widely acclaimed, darkly brooding "dark knight" "batman" trilogy. "man of steel" costs $225 million to make. this is total reboot. warper tried in 2006 with "superman returns." but that was pretty much a disappointment. now comes "man of steel." it offers time warner a shot at superhero franchise to rival that of disney marvel. disney's "the avengers," grossed $1.3 billion, it starred "iron man," thor the hulk and captain america. all separate film franchises in their own right. warner hopes to parlay "man of steel" into follow-up ensemble film, in 2015, justice league, would combine, "superman," "batman," wonder woman, "batman" and the flash and green lantern. i love this stuff. david: david. david: i do too. going to 197 # when the late, great, chris reefs start the film franchise of all the f
FOX Business
Nov 27, 2012 4:00pm EST
george lucas sold his business to disney for a couple of billion dollars. >> i'm a ""tar wars" fan. david: a lot of people thought other small businesses would follow suit. he clearly had capital gains in mind before capital gains rates went up at all. >> yeah. david: i'm surprised we haven't seen a huge uptick in business sales, particularly small business sales in the past quarter. are you? >> that is it just two of us. amazing that people really waited until last minute after the election. we got a bunch of phone calls last week can we close by year-end. we're closing some deals by year-end. they waited until after the election to call. david: specifically in the third quarter there was 2% increase over last year in number of small businesses sold. >> yeah. david: do you think we'll see much bigger jump in the fourth quarter? >> not much bigger. not much bigger. by the time they made the decision they will not likely be done by end of the year. some businesses jumped in said hey, we need to left by the end of the year. liz: they want to jettison all they built because of unknown
FOX Business
Jul 12, 2013 4:00pm EDT
head of the federal reserve bank of kansas city, esther george. she is a voting member of the fomc this year. she totally opposes all this quantity quantity. she has been a dissenter in all the votes this year. we'll talk to her. the first television interview with us next tuesday. liz: fascinating. great get there. thank you so much, peter barnes. adam: we've got some astonishing video of a human owed robot being -- humanoid robot being developed by the department of defense. it is no terminator but can do remarkable things. we'll tell you about it when we go "off the desk." ♪ >> data from the hubble telescope shows that this planet is just like earth but that really think they have been common. the color comes from the atmosphere not water it but it rains malting glass. >> one alice could help rescue victims forever a national disaster they're challenging them to develop software to let them complete task in a disaster zone in the king go around any obstacles in its path. >> 24 hours from now i am sure our hearts will feel great also our legs will hurt us. we're trying to raise $50,
FOX Business
Oct 8, 2013 4:00pm EDT
"gravity." this is the scientific flick starring sandra bullock and george clooney. it raked in $65 million this week and in turn a very significant win for imax as well. so far the film netted the company just over $11 million in north america, 15 million globally. what is the next movie in the pipeline for the company and how long a tail i guess could "gravity" be? joining us greg foster, imac entertainment ceo. greg, this has to be exciting for you? >> hi, liz, fantastic. i'm an inherently optimistic person but no way i could predict the movie would open as strongly as it did. it appears the word-of-mouth, the legs, if you will are quite significant for the movie and quite excited to be part of it for some time. liz: all everybody is talking about how incredible the movies is and people are crying all the time, really into it. so what are you guys doing now? i found it interesting you're ordering for another month. you can actually adjust these things, correct? >> we individual more the month of october. we're also you mentioned, "captain phillips." we have a select run of 50 the
FOX Business
Sep 23, 2013 4:00pm EDT
george soros got married this weekend for the third time. this is what we thought as we wish him congratulations. we would take a look at how dow and gold has done since his first marriage in 1960s. dow at 600. his second marriage in 1983, the dow around 1200 points, gold 412 per ounce. gold now at 1327 per ounce. david: the number one thing to watch tomorrow is the case-shiller index. liz: "money" is next. melissa: here's what is "money" tonight. how much are you willing to pay to keep the post office alive? emergency jump in the cost of rates could be imminent. the postmaster general joins us on what it will take to stamp out bankruptcy. plus hedge fund commercials and retail apps? would it make you more apt to invest? the first ever after an 80 year pan and. and a created campaign he made for us to show us how to make it rain. and now they are laughing all the way to the b
FOX Business
Jun 11, 2013 4:00pm EDT
? george gilder, author of "knowledge and power," he's joining us next. you don't want to miss george. the biggest players gathering at the 2013 cable show, and liz claman is live at the event talking to the titans of industry. liz, what's coming up? liz: david, 700 channels, who has the time to watch it all? tivo helps you with that, and digital video recording, talk to the ceo and president of tivo coming up, tom rogers, just had a settlement with another couple of companies, make that three, settlement after settlement, they keep winning them, but this time, didn't help the stock, but there's much more to talk about. they are continuing to innovate. all that and more coming up live from the tivo booth in a moment from the ncca cable 13 show here in washington, d.c.. ♪ liz: welcome back to the national cable show in washington, d.c. where all channels are here, but when you think of the most favorite shows to dvr; right? it was "the sopranos" back in the day, and hbo with the best, "true blood," that has always been the promise of tivo. the original dvr company whose technology and sma
FOX Business
Aug 9, 2013 4:00pm EDT
figure budget films still coming out from disney. david: george clooney would like that explanation. that is what he says about the film industry. dennis kneale, thanks very much. good stuff. congrats on interview. >> great, thanks. >> billionaire dan lobe has apologized, speaking of george clooney to him speaking about the fight over sony entertainment. the fight between the hollywood honcho and hollywood heartthrob really over? we'll find out in a minute. david: regulations and even fines are piling up on jpmorgan. the sec is now making an unprecedented move over the london whale debacle. why is the sec doing all this right now and are they picking on jamie dimon? perhaps because he doesn't like a lot of what is happening right now? former sec chairman harvey pitt weighing in on whether or not the sec is being used as a political tool. that's next. ♪ lori: all right. as we close out the week here, let's show you the market drivers. stocks dropped from last week's record highs as all three major indexes post their worst week since june the s&p snapped a seven week winning streak while
FOX Business
Apr 2, 2013 4:00pm EDT
, sheryl crow, george foreman, and your wallet, to they have in common? we will tell you straight ahead. ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ what's the "new" in the new new york?. a new property tax cap... and the lowest middle class income tax rate in 60 years... and a billion dollars in tax breaks and incentives. new opportunities for business. over 250,000 new private sector jobs were created over the last two years. and 17 straight months of job growth. with the most private sector jobs ever. lower taxes, new incentives, new jobs, now that's news. to grow or start your business in the new new york visit thenewny.com ♪ david: s&p futures closing just up 40 seconds from now. let's head back to ten mulholland at the cme. what does it look like? >> we will continue. the close of a very good note it looks like today. this optimism
FOX Business
Mar 18, 2013 4:00pm EDT
pits of the cme and our market panel, george young, belleair balanced fund comanager and john golder man. scott over at the cme, was this a cyprus selloff or is there something more to it? >> no. it definitely is a cyprus something. i wouldn't really call it a selloff. in fact over, if this happened last week during the week or even during this week instead of over the weekend we may not have seen the s&ps down 13, 14, 15 like they were overnight. and what this really is a point is that anybody that gets this pullback, people waiting for any sort of pullback, immediately are coming back into the market. that's why we saw this market come back today. i know we had a chance, david, like you said to actually look like we maybe were going to close up on the day and we closed down but we're only half of where we were early in the day today. so there is two things going on here. last week when i was on thursday, we talked about the vix, but we talked about volatility of the vix. we were talking how, boy, just stay in the market, get the market but buy your protection. if anybody had done t
FOX Business
Mar 13, 2013 4:00pm EDT
cme and our market panel, peter kenny, and george antopolus. i want to start with todd at the cme. give us a sense whether it is now business as usual for whether the records continue to excite or concern? you tell me emotion there. >> hi, liz, hi david. what is going on right now, we're getting very narrow ranges again. the market is pricing to perfection. this is ho hum. we escaped another record high. as far as traders are concerned they're looking for every opportunity to take the chance to sell here. each sell is met by buyers. we pushed the market to new highs again. as far as the overall action here it is very subdued now. ho hum, a new high. we'll see what goes on tomorrow. david: here is the overall question though, todd, just to put a fine point on it. are you taking a greater risk now when you buy a stock thinking it will go higher instead of holding onto cash waiting for a dip? >> i think now you have to observe the market and stay out. i don't think you want to put in new money here becauue i think we're much closer to a temporary top. i think there's a lot more risk
FOX Business
Jul 17, 2013 4:00pm EDT
esther george said about starting tapering now. ben bernanke says, no we're going to wait and the markets were pleased. not overwhelming joy here but generally pleased by what they heard. liz: here is a look at the front page headlines. yes, ben bernanke, he did try to calm investors about the fed's plan to begin easing the bond-buying during congressional testimony today. the chairman said because the fed's purchases depend on economic and financial developments and how we're looking, they are by no means on a preset course. david: remember those jumps in rates over the past couple of months? they had their effect on housing. housing starts fell 9.9% in june to the lowest level since august last year. the drop was led by a big slide in apartment building. liz: okay. according to published reports google has approached media companies about licensing its content for an internet tv service that would stream traditional tv programing. intel and sony are both working on similar plans. david: a federal judge has ruled the u.s. government can pursue its $5 billion civil lawsuit against
FOX Business
Aug 28, 2013 4:00pm EDT
here? next former "wall street journal" deputy editor george malone tells us where he is placing -- [inaudible] in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. david: a lot of news today as you have seen on more trouble for jpmorgan highlighting the fact that the six largest banks in the u.s. have chalked up, get this, $103 billion in legal expenses since the financial crisis began in 2007. now that's more to put it in perspective than all the dividends that these banks have paid to shareholders since that time. so does this mean that banks are getting worse or that regulators are getting tougher? joining me now is former "wall street journal" deputy
FOX Business
Nov 13, 2012 4:00pm EST
bull. hold on a second. you're from george mason university. you have james buchanan, wonderful economist there. you and i know that if you raise taxes too much you will discourage economic activity in the private sector. you may balance the books but end up killing the economy. >> it's not working. look at europe. look at greece. look at france. they have tried rising taxes again and again. that is not the way. the way to, to spur growth is put incentives right and probably you know, now a situation again, i'm very concerned about our fiscal position. we need to increase revenues but not by raising taxes. probably the best way through comprehensive fiscal reform of the taxation system that can realign incentives and probably get rid of many loopholes. so that would be painful. i'm not optimistic on that front. but that is the best way to achieve the dual goal of increasing growth and reducing the fiscal imbalances. >> let's hope they're listening in washington. i know the folks there now not listening to you, moveon.org folks are meeting the president. i don't know exactly why
FOX Business
Oct 24, 2012 4:00pm EDT
presidents performed from herbert hoover to george w. bush. in that 80 years, 40 years where the democrats have been in the white house and republicans have been in the white house. and there is interesting line of demarcation for who has done a better job economically. ashley: democratic presidents in your opinion have done a better job. how in particular? >> we looked at 12 independent data points. we didn't cherry-pick data. we basically chose the data points and essentially wrote the book. on 11 of the 12 data points democrats did exceptionally well. there were strong republican standouts with ronald reagan and dwight eisenhower. ashley: yes. i found it interesting, if person invested $100,000 in the past years republican or democratic rule who makes the most money under which president. >> under republicans, conservatives wound up with turn of 1%. herbert hoover to end of george w. bush's tenure. ashley: wait a minute. that is a misprint, 126 k on republican rule. 3.9 million under democratic rule. >> from fdr, march of 33 through end of the bill clinton's administration, en
FOX Business
Sep 27, 2013 4:00pm EDT
run. others warn with $122 billion market cap it is way overvalued. here to battle it out, george antopols and mark sebastion and auction pit founder and coo. we hear the bells sounding behind you. george you recommended facebook here in march when it was trading in the 20s. you were spot-on then but what makes you think it still has room to move? >> thank you, david. what is going to move facebook higher the way it recognized its mobile device revenue platform. they have really, just taken a huge, huge, bite out of all of their competition by monetizing their mobile revenue. this was the big increase in most recent research analyst report in july when they reported earnings. that caused the stock to go tremendously higher. it is really focus on mobile monetizaton of revenue. david: mark, everybody, all the analysts said if they don't get it right they're finished. they got it right. the market popped above ipo first and then over 50. is it overvalued, then why? >> i will say it is definitely priced in. buying facebook at this point makeing a bet on the chicago cubs up 3-1 versus
FOX Business
Jun 20, 2013 4:00pm EDT
its luster, another bull coming up. george girl row, is coming up. david: cash crunch in china, rocking klein's financial system. it is sending short-term rates to record highs over there. stocks are tumbling on chinese and asian exchanges. many companies are turning to hong kong for fund but of course they're affected by all this too. what does it mean for our markets? how will it spill over? >>> also folks, we want to hear from you, how long will the market selloff continue? what are your thoughts on this? we want to know what you think. send as you little message on all this log on to facebook.com/afterthebell. we'll read your answers later in a very busy "after the bell" hour. ♪ [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade.
FOX Business
Apr 25, 2013 4:00pm EDT
. george soros and financier and billionaire is reporting a 7.19% passive stake in jcpenney, as of april 15th, taking a big stake in jcpenney and of course the bid and the ask are of bo the closing bell, for a company that has been down for the count. massive management changes at the top. all kinds of legal battles that they have had with a competitor macy's. at the moment, moving higher as a finance ear george soros says, i'm in now. david: adam patty, let's roll with the punches. we talked a little bit about tech. let's talk about retail now. is the american consumer coming back for all the movement in the market and movement in retail stocks we're still wondering whether the american consumer has enough change in their pocket to start buying more? >> the recent trends are encouraging. we'll see how the next two quarters round out. i don't know that they're coming back to jcpenney. that is company i would not jump in with two feet. david: adam patty, victor, adam shapiro, dennis kneale, gentlemen, great time. thank you very much. liz: thank you. david: sales of personal computers have
FOX News
Sep 17, 2011 10:00am EDT
over and over and over again. it's not just an obama problem, this was tried under george w. bush. and it's been tried under obama under the the first group of tax cuts, which is what he said they were, and it doesn't work, you can't rob peter po pay paul and hope that's somehow going to start the grosse pointe woods engine. we've tried it, it doesn't work. >> and the idea that taking a permanent tax hike to fund a very short-term deal is just a con game to say, we want to-- we want to change these things anyway because we like the socialist money spreading strategies. so we're going to, you know, do some tax -- come on, this is a plainly killing jobs because those jobs are created are by people like me, it's not by general motors or ge, they hire off shore. guys like me hire based on what my profit is. you don't listen to the point. when you raise my costs 10% i'm cutting overhead 10%, nothing do do with tax rates or tax credits, it has to do with my profit. >> sorry. don't forget when you talk about the 2, 3, $400,000 people that work with somebody else, teas your friend and family's
FOX Business
Sep 19, 2013 4:00pm EDT
president george w. bush. here he is. you have just written an article in "the atlantic", in essential a message only the fed can save us from issues we're in now. you heard from ron paul, the hedgage about the fed. >> i think the quantitative easing fed is doing has only modest effect on the economy. i don't think that is the big deal. the big deal would be getting the fed to focus on building up financial excesses that would require a change in its mandate. david: well, a lot of people say that it has adopted too many mandates. now it has adopted in addition to keeping the dollar stable, in addition to keeping unemployment down, both of which it had questionable success at if any, it's added keeping the stock market happy to its mandates. do you think that is true? >> certainly seems as if there is a big interest in asset markets. what the fed needs to do is not targeting the stock market or any other asset market but try to say, can we spot the buildup of financial imbalances? if we had done a better job of that before the crisis we wouldn't have to spend so much cleaning up. david: w
FOX Business
Nov 8, 2012 4:00pm EST
not hit and returned to its base safely. >> george biddle says the predator, the iranian coast east of kuwait over the persian gulf, 12 nautical miles represents the international aerospace border. little emphasized the drone never entered iranian airspace when asked why this incident was not revealed before in the days before the u.s. election will said the predator was on a, quote, classified mission adding the u.s. reached out to the iranians viet the state department and the swiss protective power. when asked if this is considered an act of war george little said he would not legally characterize it. liz: don't count out the news affecting the markets. markets get very tense when they see anything like that. let's shift gears. holiday shopping kicking off even earlier this year. are you ready to finish dinner quickly on thanksgiving? you look cute in that best. would it be eddie bauer? step out at thanksgiving and get ahead on the shopping list. dave: walmart getting a leg up on the competition by opening its doors before black friday. time for retail winners and losers this sea
FOX Business
Sep 6, 2013 4:00pm EDT
: jamie, esther george of the kansas city fed said, yes, there should be tapering. she expected the number is 15 billion. lopping off, shaving off 15 billion from the 85 billion per month they have been buying in bond purchases. does this make any kind of a difference? >> i think the fed has set a precedent when they unveiled operation twist a couple years ago. they telegraph almost everything that they do these days. i'm afraid if they do not follow through with some type of a taper, bill gross says taper light at 10 b you're hearing numbers around 15. if they don't follow through nobody will pay attention to them and i think that's really, really critical they follow through with what they're telling us. they told us back, even though bernanke said he was data dependent i think the fed has room to move down because the government isn't borrowing as much, the fed is monetizing the debt. so they have room to taper. it won't really change the dynamic of the situation. i think they have to and they will and i think it starts in sent. i know that -- david: scott, even if you're only sh
FOX Business
Sep 18, 2013 4:00pm EDT
: what sandra is talking about todd, was pretty much, esther george, lone dissenter, lone hawk, not lonesome dove. lone dissenter when it came to decision not to taper. her specific word were she was concerned about the risks of future imbalances. isn't that, todd, fanssy for saying a bubble? a future imbalance is a bubble, is it not? >> i agree 100%. i think we're in the another big bubble, we're being driven now by greed which is always the start of the bubble. it may not pop tomorrow or next week but eventually it has got to pop. markets have to run true eventually. it has been shown out through every panic in years. 87, 99, 2007, and again here. the green is driving this market right now. when we get the last of the greed in and this cheap money has to top, this bubble has to pop. that is what she is saying. she is right. i think we need to see rates climb a little bit to free up money for the average joe and everybody other than wall street. david: greed alone is not bad. greed and speculation when you're in trouble. that is the question whether we're in a speculative era or no
FOX Business
Nov 6, 2012 4:00pm EST
. he is retiring after one term. republican george allen, also a former senator, lost his re-election bid in 2006 to webb. he is trying to make a comeback in virginia. and he is up against democrat tim kaine, who was also chairman of the democratic national committee when president obama was elected. the candidates and outside groups have poured $70 million into this race. right now, it is too close to call. now we're also looking at indiana where the polls will also close at 7:00. republicans hope to hold onto this seat after six-term republican dick lugar was defeated in primary there by the tea party candidate, richard mourdock, the state treasurer. mourdock is opposing democratic congressman joe donelley. mourdock appeared to have the edge in this race. it was a safe republican seat. he made controversial comments about abortion now this race is also too close to call. david and liz? david: peter barnes, thank you very much. peter, we'll be seeing you all night. >> thanks, peter. david: coming up next two states that still have an election day alcohol ban in place. could it be you
FOX Business
Oct 3, 2012 4:00pm EDT
against ronald reagan. in fact even some republican like george herbert walker bush called it voodoo economics this idea. the american public didn't like it. we like the notion of lower tax rates across the board for everybody. do you think they will buy it this time or do you think they will be suckered into the trickle down theory? >> i think it all depends on whether the republicans articulate. ronald reagan was certainly the most articulate of the republicans in the last 100 years. whether anybody else is going to get the same idea across, any other republican will get the same idea across to the public is something we may see some clue about tonight. david: economist thomas sowell, authored most recently you have a lot of books. hard to keep them in memory. trickle down theory and tax cuts for the rich. get it through the hoover institute press. thomas. thanks for coming in. appreciate it. >> thank you. lauren: thank you. more than 2,000 hospitals will be hit with thousands of dollars with fines and penalties under the health care reform law. the ceo of med assets is here. he wi
FOX Business
Aug 21, 2012 4:00pm EDT
"nightline" will temporary, temporarily move to the 12:35 a.m.. >>> billionaire investor george soros betting on the world's most valuable soccer team. regulatory filing revealed his fund management bought a 8% stake in man-u. >>> the new jordan lebron shoe will be the pricey evident yet. it will retail for $315. no, you can't have one. that is today's speed read [buzzer] david: right at the bell. liz: we're in the midst of the election season of course but there is one nonpartisan issue being addressed by both republicans apdemocrats and that is the u.s. trade deficit with china. so what kind of relationship should we really have overseas? david: robert hormats is the undersecretary of growth and environment. he served in both republican and democratic administrations. he knows it from both sides of the aisle. he joins us for a fox business exclusive. great to see you. >> great to be on your show. david: it is campaign season as you well know, and very often facts are the first casualty. with regard to trade there is no easy topic to pick. some people think it is a threat not an oppo
FOX Business
Oct 29, 2012 4:00pm EDT
will be closed. that include the george washington bridge, perhaps the most famous of all those spans. thing froms neck bridge, the bronx whitestone bridge verrazano narrows bridge, henry hudson bridge. virtually all bridges responsible for taking people in and out of manhattan will be closed at 7:00 p.m. tonight. liz: this is highly unprecedented. you do not see this. the last time the g.w. bridge was closed was back on 9/11. we'll keep an update. 7:00 p.m. should allow people to get over to new jersey or other parts they need to get to. hurricane sandy slowly making its way onshore bringing inches of rain, 90 plus mile-an-hour wind and flooding. david: let's head to janice dean on at the fox weather center for the latest track on the storm. go ahead, janice. >> we'll get a new track as of 5:00 p.m. and they will advise us every hour. we're close to landfall, possibly landfall within the next hour or so, in and around the cape may area, southern new jersey. but the worst of the storm will come north of wherever the center comes onshore. new york city, long island, southern connecticu
Search Results 0 to 49 of about 65 (some duplicates have been removed)