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FOX Business
Jun 28, 2013 12:00pm EDT
. cheryl: one thing we have seen causing volatility and concern is what we have seen out of china, worries of the banking system, they have come out and put some water on it. still we don't really know what the next quarter will be for china. >> i think it puts some terms to rest for the second economy is by no means going to fall off the cliff. cheryl: they just want to keep hostages jailed in. >> the consumer sentiment is very strong, we like what the consumers are feeling. their portfolio is valued and we think that can trickle down and people will be spending money. cheryl: your both staying international, especially ben bernanke. we will see how much you to agree. your both coming back in a little bit. related stock picks for the fox business summertime showdown, we are ready to go with both of you, so we will see you in a little bit. thank you. dennis: what is bugging me today? blackberry. posting a loss, not a prophet as wall street was expecting, but blackberry earnings statement out does not even break down sales numbers for the all-important blackberry 10. certainly the case of p
FOX Business
Oct 10, 2012 2:10pm EDT
u.s. and talked about china saying china is actually looking good despite the fact of a tough economy over there as well, right pulling back some in china. when i did a comp chart comparing yum brand to darden, which is the parent of olive garden and red lobster, i was wondering which of the two did better year-to-date. turns out they're both up 20% year-to-date. looks like fast-food is still a hot thing. back to you. ashley: it is a hot thing. nicole, thank you so much. we'll be back. tracy: dorito taco shell. gets you every time. ashley: i'm hungry. >> coming up, lenovo hoping a laptop and tablet will help it take on apple and samsung in the mobile space. president shows us how it works with next. ashley: good stuff. first take a look how the dollar is moving right now against some of these foreign currencies, the euro, the pound. up against the dollar but the canadian dollar, peso down. japanese yen up. mixed picture is what we're seeing. we'll be right back >> at 20 win minutes past the hour, hello, i'm julie banderas with your fox news minute. turkey's military chief of s
FOX Business
Sep 10, 2013 1:00pm EDT
years of negotiations for china and mobil, and the largest mobile market where apple has been not only share but revenue declining as well. and clear to us at this stage until we see how much they will charge for these funds whether a chance of regaining market share here and build on that in the states versus the android operating system or keep the more expensive than some people are thinking to protect the margins which is why we see the stock take a hit. keep in mind stock crashing $700 a share, the most valuable company ever, the friday pretty much ten days after they unveiled the i phone 5 when the iphone 5 went on sale and the prologue will see the current version on sale week from this friday until people are already lining up. connell mcshane left the studio to jump in line and we also get one final detail, talking about the buzz about of fingerprint scanner on the home button which could not only know that it was you for secure log in but secure payment options as well. and we are waiting to see what they're going to unveil but we will be outside at apple headquarters wi
FOX Business
Jun 17, 2013 1:00pm EDT
%. you have a couple things working. first of all, china says they will help their companies. people were like, maybe china is walking away from this. the fundamental side is doing well. nevertheless, these guys sort of weathered the solar storm. >> what is the demand for solar products right now? charles: it still is not necessarily competitive with what you get. things start to get really demand full. >> they put solar panels in both of those houses. it is expensive, but with the tax incentives, he is not paid for it you like the city anymore. charles: right. these guys do big projects. listen, it is a tough space. it is a volatile stock. i think that this bad boy will take off big time. lori: thank you very much, charles. americans are getting more confident in u.s. banks. it is up from a record low of 21% last year. american confidence in the eggs is that it highest level. the percentage of americans who say they have a great deal of confidence know about even with those that express little or no confidence in them. >> would you think about it, i mean, there was a point when that
FOX Business
Mar 18, 2014 1:00pm EDT
selloff last week. there have been worries about ukraine and china. these are the things that have been plaguing the market. one of those days where they buy them up. all sectors have of arrows. we were up 122 points. we got some news from the housing there. homebuilders are higher on the news. the big picture is building permits on the rise and the underlying numbers are promising for the spring. green arrows across the board. the tech heavy nasdaq the best of the bunch. back to you. adam: nicole, thank you. cheryl: ali baba is leading towards lifting its ipo on the new york stock exchange. the chinese retail giant chose new york over hong kong. adam: a game changer for walmart. they will start offering store credit to customers selling used video games. customers are giving gift cards based on the values of the games that could be used on anything in the walmart store and all mine as well. the business is already familiar with this. cheryl: abele is rolling out its newest version. the new eight gigabytes phone is a tech giants cheaper solution to the most expensive model. apple is bet
FOX Business
Jun 17, 2013 11:00am EDT
this, and now this, where is our relationship with china? >> i think it can withstand the pressure. especially in economic impact. that is going to be preserved, i think, china wants to move forward on the economic front. this doesn't help the situation at all. dagen: there are two separate programs again, the data mining of the phone records collection and internet involving foreigners. what happens, because you are getting heavy criticism from both sides, liberal and conservatives. >> we could see some legislation to rein in some aspects of them because there is the potential. but they are overseeing this program, we have congressmen being briefed on it. you could see politicians making hay out of this. i don't know how far it is going to go. my personal expeeience speaking to elected officials on this information is that once you see the threads, you support programs like this. dagen: are we safer and better off if these programs go away? >> that is exactly it. boston was shut down for a day. that is the alternative. this using algorithms to data mine is very less intrusive than
FOX Business
Dec 26, 2013 1:00pm EST
economy, china forecasting better than economic growth, but predicting doom and gloom for beijing. adam: the chinese may want to buy your home. how to make your home more appealing to an increased number of foreign buyers. the chinese are looking at u.s. real estate. we will be right back. this is the quicksilver cash back card fromapital one. it's not the "juggle a bunch of rotating categories" card. it's not the "sign up forewards each quarter" card. it's the no-mes, no-messing-'round, no-earning-limit-having, do-i-look-like-i'm-joking, turbo-boosting, heavyweight-champion- of-the-world cash back card. thiss the quicksilver cash back card from capital one. unlimited 1.5% cash back on every purchase, everywhere, every single day. notell me, what's in your wallet? easy, if it is furnished, comes furnished it is great. -@something that is, you know, again it is a safe haven for them. we'll see a lot more coming in the next year or so. cheryl: safe haven for them but what about the financing? are there financing issues when you have the chinese buyers coming in or are they strictly
FOX Business
Dec 23, 2013 11:00am EST
for the dow, nasdaq and s&p today, we're watching apple closely on this china mobile deal. this now gives them access to 750 million subscribers. they're planning obviously to move forward with this in early january and obviously the analysts are loving it. apple is up almost $17, a gain of 3%, 565 on the news. back to you. connell: they are loving it. official deadline for people to sign up for health care coverage under obamacare to be covered by the 1st of january. but changes in the law that the president helped to enact last few weeks, blurred the lines a bit in some people's view in terms of what the deadline today actually means. so to clear it all up our friend in rich edson in d.c. rich? >> if your health insurer canceled the plan because of the law you can buy a cheaper catastrophic plan or no plan at all next year and still avoid a fine. that is one of the several changes the administration announced to patch the insurance system together after the botched rollout of obamacare. even more of the law takes effect next year with the expansion of medicaid, government subsidie
FOX Business
Nov 23, 2012 11:00am EST
the fastest growing markets. china. they will have to wait until china finalizes plans to set up an international board in shanghai. it is only listed in both germany and new york. that is the latest from the fox business network. giving you the power to prosper. ♪ ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant dagen: walmart protests continuing around the country this black friday. it is not the employees who are open arms and out walking around. jeff flock is live from illinois with much more. hey jeff. jeff: in fairness, there were a few. no one walking off their jobs that we saw in chicago. some people already had the day off. one guy said they gave me the day off because they knew i wanted to come out and protest. kind of interesting. a protest about the fact that, you know, they were encroaching on thanksgiving by asking people to work at 8:00 o'clock last night. we have pictures from kenosha, wisconsin, where workers were protesting right at 8:00 o'clock when the store open. it was really all about union organization. about trying to bring a union to walmart
FOX Business
Dec 23, 2013 1:00pm EST
agreement with china mobile. which could translate to billions of dollars in new revenue. santa has a few extra helpers this holiday season. more along the line of cell phones hackers. in shedding light on your shopping habits, sales are up this year. this pocket-sized charger is packing a serious punch. and we have nicole petallides watching out for us at the new york talk exchange. reporter: that is right, the dow jones and the s&p 500 hitting all-time record highs today. just when we thought the rally was over. up 81 points. the s&p 500 up about a half precent. and the nasdaq, helped along by apple. forty-one, 43. these are the highest levels that we have seen. the s&p 500 is also out. if you are an insider and you follow the sox coming have to update your numbers. up 5% today. new highs, up 37% busier or facebook. that is a great year. adam::thank you very much. the s&p 500 up 35%, on track for its best year since 1997. we just learned from nicole. the my next guest says despite the major gains, this is the most hated bull market that he has seen in his nearly 30 year career. hank smi
FOX Business
Oct 9, 2012 1:00pm EDT
every quarter to china, visit a lot of different companies, we want to get a feel for what is happening in the tech world, what we are seeing around apple is continued strength around the iphone 5, and also around the soon to be launched ipad mini. these are new products that have yield issues at first. melissa: why do you think the stock has gotten crushed? from the all-time high, it's hard to say there's any one thing. what you say is driving it? >> we are in the pre-earnings selloff. earnings in general will not be great, people know what some, investors know it, selling ahead of old stock. it falls on that. the second thing is there's a lot of concern around some of these supply constraints. we talked about the past week obviously some constrains the iphone 5. and strikes heavily rattled some people. and apple has had a huge run since july, it is susceptible to the profit-taking. melissa: how do you feel about all those things? you have been right, but now with this pullback, are you getting nervous? >> not at all. people have got to realize this is not fundamental. this i
FOX Business
Mar 11, 2014 1:00pm EDT
this is a quote, a gang of fascists. cheryl: ukraine to china, credit suisse, massive stock miles hitting iron ore prices tied. will lowest in four years. we are live on the pads of the cme with a good explanation. we will be right back. nascar is about excitement. but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. cheryl: the situation in ukraine remains tense. ukrainians just north of crimea's a russian operat
FOX Business
Dec 4, 2012 11:00am EST
the best of the bunch question that europe is still a mess. how is china doing? >> we are actually doing the best. just look at china. the chinese economy is actually not doing that well. there are a lot of complex. the new party just took over the control. there are a lot of things to figure out. the u.s. is in the best condition right now. we have to get past this fiscal cliff and move on. connell: we probably would be talking a lot more about china and the transition of power and how president obama is supposed to do without. when you say there are economy is not doing that great, does that mean it is in jeopardy of a tough all, or it will hang in there? >> i think it will hang in there. china, i think, will grow. reasonably, i have seen some analysts come out and be pretty bullish. their economy, the outlook is willing not that bright. although, they probably will not fall hard. china is sort of setting their status quo. i think the u.s., again, back to the u.s., they have to get their act together. connell: a few days after the end of the year. that is just silly, if you think
FOX Business
Oct 15, 2012 1:00pm EDT
together. the weak inflation figure shows later in the week we have seen the china and gdp numbers that it will be terrible, so really what you'r you are seeing is ded destruction fears playing out before your very eyes. a big selloff across the entire economics. we're seeing a big break in our gasoline futures. that is good news partially because of the lower crude prices, refineries are starting to come back online. the refining margins have been very good. with an expectation gasoline production is going to surge and as you know it is a lot easier to spin out the winter gasoline as opposed to the summertime. heating oil going back and forth a little bit weaker today but what we have seen is heating oil gasoline has been a strong trade they're looking at. melissa: it has been the biggest loser in the bunch after hitting fresh 2012 highs, all of a sudden what happened with mark speak with a price in winter last week. this week temperatures will warm up a little bit. people have to realize if you look at natural gas, people are scratching their head. 7% above a year ago, 8% above the ei
FOX Business
Jul 10, 2013 11:00am EDT
will talk about our relationship with china. one of the effects of this whole irs scandal is the fact that we have been having this conversation. >> short. it also presents an opportunity to educate the public. they have merely been responding to signals. what is interesting is they have been trying to downplay this scandal. dagen: don't you think that the american people would ultimately want to know how in the heck this went on. i asked yesterday if they would ever find out. >> to the extent that happens, we will find out more. dagen: thank you. we will see you soon. connell: a big speech on fed chairman bernanke. investors remaining fearful of the tapering. we will focus on fear. something our next guest is worried about. we have plenty to talk about here. you are concerned that we are still fearful of another crisis. tell us about it. >> you got to see a little bit about it in the last couple months. you got to see it in japan when they took a step back away from some of the more aggressive behavior. connell: the fed will come out with the minutes. we will see what they are talkin
FOX Business
Sep 18, 2012 11:00am EDT
think if we weren't talking about this we would be talking a lot about china. the president yesterday talked tough on china. mitt romney throughout very tough on china. both candidates have kind of this hey we're going to be tough on the chinese message. as a business person i know you support romney but as a business person are you at all worried that this kind of trade war rhetoric that might be harmful to business or no? >> there's always a risk that we will be -- we'll do something to offend china, but look we are china's largest customer, and the last person in the world you want to offend if you are in business is your largest customer. so i think taking a stronger stance with china, if china is manipulating its currency, why wouldn't political candidates want that to stop? if it hurts american manufacturers and it hurts american business and it's hurting american jobs and it's not playing by the rules, it is doing something that people shouldn't do, why wouldn't we take a strong stand to try and get them to stop doing that? but the chinese have historically been friends of the
FOX Business
Apr 24, 2013 11:00am EDT
growing. apple sales in china and japan year over year, up 100%. they are in mobile in china, ths another 700 million people. smart phone sales are currently about 38%, growing to 65% in 2015. the market's good for everybody. con cop right. >> that's a good thing. connell: comparatively then, as cool as apple's been for years, others say, well, it's not as much anymore. others caught up, and now they are the hot companies, the cool phones and tablets you want to have. >> well, that's just wall street. love you today, hate you tomorrow. apple innovated well so far this year, probably for another three to six months they come out with something that's going to stimulate the appleoians. connell: like they are an ancient people. why guaranteed that's the case? in the steve job's era, that's assumptions they made, but tim cook, not so much, no steve jobs. those cairn tees, assumptions made in the past are not worth making anymore. >> it was smaller. it's going to grow smaller, 37% margins, it's selling at 8.8 earnings. connell: you like the pricing? >> not growing at 15-20 to 30%. the price is
FOX Business
Sep 20, 2012 11:00am EDT
. there's a slowdown in china. we don't know how long that will persist. people are worried about the fiscal cliff. those things could cause us to do it longer than we are anticipating some is open ended. the objective is to get the right economic outcome which is improvement of labour markets that are substantial and sustainable and that requires getting growth faster than we have been seeing. peter: the balance sheet is shy of $3 trillion. those purchases get it up to $4 trillion essentials. is that a concern? how do you online from that long term? >> it is an expansion of the balance sheet and that is what we are expecting. i do think we have the tools to exit when exit becomes appropriate. this isn't raised in terms of amounts we are buying or dates but in terms of getting economic outcomes. that is the purpose of doing this. getting a better record -- macro economic out but. peter: in conjunction with the current bond buying program. and the fomc announced since last week. operations twist expires at the end of the year and all your friends in the bond market's wants to know what
FOX Business
Mar 24, 2014 1:00pm EDT
china where the sales promotional practices were being probed into the ponzi scheme allegation. adam: it is helping to boost herbalife shares. they have been facing similar permit scheme criticisms from activist investor black men who by all accounts won't finish his fight against the company until it is out of business. cheryl: a move to show a herbalife is not backing down, they are now meeting three new members to the board, all of whom are carl icahn approved. he has publicly sided with herbalife in the battle. charlie gasparino is here now with exclusive details of what has been happening. charlie: this is over the past couple of days what they say his intentions are. here is what they are saying. i actually did ask some of these people does carl icahn believe, does he have any doubt whatsoever herbalife is a company that is legal, it is not a pyramid scheme. their words, carl is 99% sure herbalife is the real thing, it is not a pyramid scheme. a 1% possibility? it is impossible to have 100% certainty, but he tells people he is 99% sure this company is legal and it will su
FOX Business
Oct 22, 2012 11:00am EDT
want to bring this back to the economy. china is the last discussion topic. republicans also wanted to talk about europe and european debt loads. farm power equaling u.s. economic power. connell: it should be interesting. they will not be much nicer because they are sitting at a table. dagen: and icon again or southern family. the biggest fights are always over dinner. stocks now. nicole: we are looking at suntrust bank. the banking index is to the downside. let's take a look at the third-quarter profits. it jumped. they did have a security gain and revenue declined excluding the gain. without that, revenue was not as impressive as it could have been. that is one of the reasons why this one time gain could have asked the real deal. revenue did kind of, under pressure. it is down 3.3% write-down. let take a look at the dow. it is down just about ten points. it managed to squeeze out a fraction of a change. so many big companies coming out with numbers that were, obviously, dismal or did not read the streets expectations. back to you. connell: we have this report from charlie gasparino u
FOX Business
Nov 16, 2012 1:00pm EST
the u.s. economy and china. economic data is coming in better than expected. here in the u.s. it is driven by the consumer. housing is better. employment is slow but it is better and consumer confidence is at a five-year high. if you look at the chinese data it certainly looks like their economy is stablizing that is good news. the second reason we do like the market is valuation. this kind of gets to your question. on forward-looking basis, s&p 500 sells at about 12 1/2 times earnings. it is only sold below that twice in the past 20 years and that was the summer of 2011 after we had our failed budget deficit negotiations and the reduction in our credit rating, and also in 2008 when we were kind of hitting the great recession, mini depression. melissa: i don't know how you can be optimistic about the u.s. economy. i mean it seems like it is growing very slowly if at all? >> yes, it is growing very slowly but what the market will respond to is changes in it. so we saw second quarter gdp came in at 1.3%. third quarter came in at 2%. that is probably revised higher because of better tr
FOX Business
Dec 28, 2012 1:00pm EST
have good market share globally especially if china starts to grow a little bit and we like the european companies that were beaten down particularly the large caps, that we will take advantage of the emerging market, china moving up. we like anything associated with housing and they have been performing very well even on days when the market has been selling off and you can see the strength of their but the warning is if we go off of this, everything is subject to more sell-offs. perhaps more bargain hunting. adam: fiscal cliff negotiations are moving as deadly as rush-hourrtraffic in boston which can be a nightmare. you have a good new year. let's hope they get a deal done. all the best to you. >> thank you. adam: it is a quarter till time to check stocks again. every 15 minutes we doing here. lauren simonetti will do that at the stock exchange. >> volume is light but traders -- we saw a triple digit loss for the blue chip average down 89 points, declined across the board, volume decisively lower, the margin between gaining and losing stocks is pretty wide. everything is down
FOX Business
Mar 5, 2013 11:00am EST
fight over her brand. connell: the threat coming from abroad. china. we will talk about how much of a threat there is when it comes to our trade secrets. dagen: it is the top of the hour. nicole petallides has it covered. lou: a little celebration for all the bowls out there. we have the dow at 6500. now you are seeing it at 14,273. some of the names that are helping us along today are united technologies, hewlett-packard and american express. hewlett-packard is the best performer year to date. most of the traders did think that we were building to the new highs. some of the reasons they say we did that was because there was frustration and bonds and gold. and the fact that people just started to get back in there. and china, that was another factor. all-time new record highs for the dow jones industrials. connell: how long will the rally really last? we have a chief investment strategist with us today. which camp would you be in? a lot of people will see this today. do we stop here, hang out for little while, pull back or hang out a little bit longer? >> the transportation average re
FOX Business
Jun 10, 2013 1:00pm EDT
, asia was a wil wildcard wh china and the avian flu. mcdonald's increased the dollar menu, increased what people wanted. the mcgrath, pomegranate smoothies. back to you. lori: thanks, nicole. adam: breaking news, apple going to show off software updates and new radio services moments away. robert gray live in san francisco with the details. talk about a new operating system, is that correct? robert: that is what we're expecting. expecting tim cook to take the stage. apple's officials would not confirm he is doing the keynote but that is anticipated. we will be broadcasting it live. expecting them to adjust the ios. we also may see new macbook and the desktop version introduced today as well as that iradio or whatever they decide to call it, streaming music service. they basically want to keep you with an apple ecosphere rather than going to samsung or pandora. double what pandora is doing, so watch pandora shares be under some pressure. app developers on the long list including analysts and investors who say the pressure is on apple to show some while factors for what is ahead for po
FOX Business
Apr 23, 2013 11:00am EDT
calls are based on weak demand for these products from china. rather, we have the week numbers out of the chinese economy early last week. they are pretty much bearish on all of the commodities. they are saying that gold may turn around. connell: thank you, sandra. let's turn to brian jacobson a busy day in the markets overall. it is always good to have you on, brian. let me start with what sandra identified. the goldman sachs turn on gold. maybe we see the bottom. are they right about this? >> well, i do not think they are right about it. i do not view it as an investment. i view it as a spallation. i think a longer-term trend is for gold to be on the duke line. there are people calling for gold to go higher. short term, we could maybe see the european central bank ease a little bit more. eventually, that will come to an end. i do not think it is a trained eye would want to get on right now. connell: it could have some implications four other markets. for example, i have seen you writing about the fact we are riding a bull market for the u.s. dollar. >> exactly. i would expect if the
FOX Business
Jan 15, 2014 11:00am EST
differencemaker where china elected down a little bit and the u.s. grows at 3%. dagen: the debt. charles: i wouldn't touch the death with a 10 foot pole but these economies could help drive corporate profits in america. dagen: still to come and $765 million settlement that could shortchange brain injured nfl players. a judge takes a pass initially. what does our judge think about it. connell: good things about general motors, trucks, jeff flock will have the latest on that as we look at some winners today on the s&p 500. the day of the markets. my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people
FOX Business
Jul 24, 2013 11:00am EDT
, steve cohen. >>> pull the popcorn in china. hollywood films not making it into chinese theaters and the list is growing. connell: let's go back to nicole now. we're going to talk bea sports and electronic arts. you thought, big news, nicole, there would be no college games, ncaa, no deal. boy that would hurt the company but not today, right? >> that is very big news. that is not great news for electronic arts. today they're focusing on quarterly numbers and says that they have had. the stock is up 12 and a quarter percent. 26.74 at the moment. the loss was narrower than expected. they're in the middle of a transition away from games you buy at retail stores which is gamestop and the like and moving to downloads. that is really where they're making a lot of money, online, offerings, digital sales. that is accounting for more than 76% of first quarter revenue according to the chief financial officer. they have a battlefield and fifa just to name a few. a stellar performer for this videogame company. back to you. connell: thanks very much, nicole. >> union stopping the detroit bank
FOX Business
Apr 24, 2013 1:00pm EDT
wrapped up a trip to china with a stark warning about the potentially deadly virus saying it's a dangerous and disturbing virus, 108 people have been sickened so far. the new count just out now, 23 of the people died, and there was troubling information about a suspected case of human to human transmission. three clusters discovered in china, one involving a father, two sons, a parent, a daughter, another, a husband and wife. they all got the same disease. he's the question. did they get it from each other? might this just be a sporadic case, got it from the same source? they are not should sure at thi. they are monitoring for any indication that this is easily becoming transmissible between humans. that could potentially create a pandemic, and that, dr. joe, says could be a real problem. here he is. >> there's three things that we need for a pandemic. first, a new flu virus we don't have immunity to. that's the case here. second, we need a virus that infects humans and causes disease. that's the case here. the third component is we need official sustained human to human spread,
FOX Business
Dec 18, 2012 1:00pm EST
china. >> there were some concerns when the iphone 5 came out on friday, the numbers over the weekend were over 2 million, which is spectacular. so one of the things i am noticing here in this negative news cycle is that everything is interpreted negatively. why were there no lines in china? a lot of the iphone 5 ordering it online. lori: when do you expect them to retrace the all-time high? >> i see no reason we can't see that the next three to four months. lori: i have to challenge you, samsung galaxy phone is very popular, microsoft property, windows 7 has a renewed impact, the new app store having the itunes and leadership, tim cook and the whole maps issue is a credit debacle. >> the only competitor out there is samsung that matters. lori: what about tim cook and not a lot of interest in the pipeline? >> tim cook has led the company for several years. so now it is all on his shoulders. when i think about new products, apple tv on the horizon, apple will dominate the tv market over the next five to 10 years. lori: we will see, we will definitely check back in with you. mel
FOX Business
Sep 25, 2012 11:00am EDT
into a secondary recession. i don't think china falls apart. and you have got this performance anxiety. you know, 11% of professional money managers are outperforming the s&p. the rest of them have got a lot of catch-up to play between now and year end. connell: that's a good point too. yes they do. we're up 53 today by the way. jeff, always good to see you. thanks for coming on. >> pleasure. dagen: toys "r" us looking to make a big hiring push for the coming holiday season. the toy retailer says it will hire 45,000 seasonal employees across the u.s. that's an increase of 5,000 from last year. the retailer said it retained about 15% of the holiday workforce after the last season ended. the hiring will start this week, continue through december, and be focused on those pop-up stores that toys "r" us puts up. electric carmaker tesla cutting revenue forecast for this year because of slower than expected rollout of its new model s sedan. it now says it expects full year revenue to be in the range of 400 to 440 million dollars, down from original projections of 560 to 600 million. t
FOX Business
Feb 20, 2013 11:00am EST
you why. connell: making money on cyber security. the white house looking to go after china. no dow a growing concern all around. we have some investment ideas for you. dagen: wasting your tax money on these things. the high number of irs employees that have blackberries, but do not need them. connell: walt mossberg will be here. dagen: we cannot wait for that. top of the hour. stocks now and every 15 minutes. nicole petallides is that the new york stock exchange. nicole: it was posted on the side and then it was pulled down. were they, are they, aren't they? there was uncertainty as to what was really happening. then those stocks were halted here at the new york stock exchange. they actually backed up into one another, the two graphs. now you can see that it is unofficial. back to you. connell: we have china denying reports that a military unit is behind a series of cyber attacks against u.s. companies. dagen: the white house is considering fines and other trade penalties against china. peter barnes has the very latest from washington. peter: the administration is expected to relea
FOX Business
Aug 12, 2013 11:00am EDT
to l.a. and 45 minutes. or the east coast to china in two hours. i know that would be a game changer. elon musk has specific interest. we have an incredible model here of what it may look like. >> yes. you get a sense of the amount of volume and comfort level. >> why don't we have a seat and check it out. we are sitting in this comfortable seats. >> this capsule, once we get loaded in here, we'll go through and airlock into a tube network and accelerate like a car accelerating onto an on ramp. it can be routed automatically through the network. it hosts just like a space capsule in orbit. >> that is so cool. >> the equivalent of a 40 lane freeway. >> that is amazing. we are sitting in this capsule right now. i have road on my fair share of trains and planes and automobiles. how would it actually feel in action? >> once it is coasting, you'll feel like you feel right now. there is no friction in space. the most proven form of travel in the universe. we are just bringing this space travel conditions down to earth. >> you and your company has been working on this technology for more tha
FOX Business
Jun 10, 2013 11:00am EDT
there is the whole hong kong issue and do we get snowden back from china. connell: the chinese might be able to veto any extradition attempts make it even more complicated. getting back to the market for a moment, our next guest says the biggest story at this point investors should be focused on not neccssarily one we will taper, but the continued oil boom. dagen: joining us now. a great boom, great for jobs, but demand is down lower than it has been in a decade. too much supply is bad if you are an investor. >> what does the low cost of energy mean to our economy? so we produce oil right now $0.75 on the dollar to the rest of the world. we produce natural gas. those numbers are staggering. it makes more and more sense to manufacture in the united stat united states. when every single thing you had was made in china. they say 2015, two years from now, we will produce goods at the same cost they do in china. that is a giant shift in our nation's economy. on the natural gas front with the price being so cheap many more companies announced they will change their fleet to natural g
FOX Business
Jul 10, 2013 1:00pm EDT
, what you are seeing in china in the emerging markets is they are kind of down and out. people are starting to figure out, you know, maybe growth is not all that it is cracked up to be. if you were to see some kind of growth initiative out of china, in our opinion, emerging equities are probably the cheapest of the bunch. in our opinion, that could be the opportunity for the second half of this year. adam: that could actually be so bad that it is actually good. they have reformed their policy over invoicing. we may be getting true numbers. >> i think that is most important is whether the growth that is coming out of china is sustainable or not. it was very much export driven. absolutely. if the data is getting a little bit more robust, that is always a positive. there is 20 of liquidity over there. what it allows is for the roof forms to continue. that will set them on a more sustainable path going forward. in our opinion, it is really an expectation. adam: when they sneeze, the world catches a cold. thank you for joining us on markets now. lori: other headlines making news today.
FOX Business
Sep 7, 2012 1:00pm EDT
-four people are dead following a series of earthquakes and southwest china. that number is expected to rise. it leveled houses and triggered landslides. the government says nearly 30,000 homes have been destroyed or damaged. two bombs have gone off in serious capital. it killed at least five policemen. a second bomb went off near to government ministries. no casualties are being reported. campbell soup can is familiar to many of us. the company wants to move on. the world or just super company is looking for flavors that appeal to younger customers. they plan to roll out 50 products such as moroccan style chicken in the coming years. those are your news headlines on the fox business network. melissa: my whole house except for me eat chicken with stars. don't mess with the classics, and both. >> keep them and add a little bit of twist. melissa: thank you so much. only 96,000 jobs were added in august. the participation rate fell to its lowest level since 1981. i did not realize it was that long. is qe3 around the corner? joining us now is michelle girard, senior economist at rbs. thank
FOX Business
Oct 9, 2012 11:00am EDT
-- and this has been in the news this week of our relationship with china and this company 60 minutes focused on over the weekend, and you have another company zte which the house pommittee yesterday talked about. this is a murky area because obviously we do a lot of international business, and you want to have a relationship and we do have internationally with chinese companies, but can we with any chinese companies and to what extent is this going to be a bigger issue? would you agree with the recommendations made by the committee, they see these companies as a security threat. >> look, there's no doubt. there's no doubt that you can have an economic miracle if you're willing to steal everything. connell: right. >> and the chinese authorities, the state authorities made a decision a long time ago that they would jump-start their efforts by getting their hands on as much research and development as much intellectual property as possible. there's no mystery, no surprise that china is number one perpetrator of economic espionage, theft of information, intellectual and research and deve
FOX Business
May 30, 2013 11:00am EDT
dagen: hey, charles. good to see you, my man. selling out to china. forcing americans to shape up or opt out. why the obamacare law will have little tolerance for smokers and the oldies. privacy rights are a concern here. those stories and so much more today on markets now. ♪ dagen: i know it will be a good day because i did not trip walking over here. there is a new report out on eye contact. it is falling at alarming rates. what is to blame, smart phones? tablets? i want you to treat us and tell us what you think. we will get to some of your responses later in the show. right now, it is stocks now. lauren simonetti is at the new york stock exchange. >> we are looking at a market to the upside. up about 78 or so points. financials are putting in a strong performance. energy is down. dagen: close to sealing a deal to require smithfield food for $4.7 billion. the largest chinese takeover for an american company today. bob mcdonald is with us today. governor, good to see you. they are promising to keep their jobs there. not move the company. the management will stay in place. are
FOX Business
Jan 24, 2014 11:00am EST
nervous, two triple digit dodges in the dow two days in a row. >> sparked by china and the data yesterday, weaker currency today, we have needed a little bit of this, if you go back to the last two weeks of december the santa claus rally diaz and people on 3.8%. the last two ekes of the year taking a lot of that back and i agree with nicole petallides this is the pause that refresheses and we encourage investors to use this as opportunities they don't have the right exposure, equity markets the great opportunity. dennis: the last few days, the with of possibility of years in the developing world's, headlines on bad week currencies in turkey and brazil and russia none of which has anything to do with the cost of eggs in the u.s. and yet what are the chances some traders worry there is a contagion that starts with these wild market? -p>> we always knew correctionsf this were to be one start with a catalyst that is not foreseen, maybe china. when i look at china i would say china is in the process of moving from this export leverage based economy to a consumption reform based econo
FOX Business
Jan 15, 2014 1:00pm EST
making. apple ceo tim cook is in china with the launch of the world's biggest mobile carrier expected on friday and we expect to see record sales. cook said in an interview we haven't announced numbers but i can tell you last quarter we sold more iphone in greater china tha than anytime in the p. it was a record quarter. analysts are expecting a new deal launching friday could increase apple iphone shipments by 15 to 30 million units. more importantly for apples long game, cook said he wants to broaden the deal they have with china mobile beyond the iphone. he did not elaborate on what exactly, but ringing the iphone to 3000 new locations across china that apple could not get to on its own with their stores. a bunch of suppliers who plan to benefit from a spike in orders. take a look. they all stand to benefit. take a look at apple stock right now and china mobile both up, apple taking a nice rice nice lori: back to you. ashley: graduate survey by the venture capital association, 59% of venture capitalists are expecting higher levels of venture investment this year. lori: despite all
FOX Business
Jul 9, 2013 1:00pm EDT
eia lowering its demand forecast out of china. >> one of those cases where bad news is good news. it reduces the chances that the feds will act on tapering. the good news that we saw today in this report from the energy information administration is that u.s. oil production hit the highest level in 20 years. that may be tempering some of the enthusiasm. lori: bankia for the explanation, as always. phil flynn. let's get to nicole petallides. nicole: a busy day on wall street. we are looking at two companies in particular. barnes & noble and blackberry. though shares are rising today as the ceo steps down. we know that the same store sales have been a disappointment. that you read or fail to compete against other tablets and e readers. with that, he is stepping down. then we will take a look at blackberry. another company that has been failing. they are having their shareholder meeting today. right now you can see that the stock is up about 10%. the ceo has been talking about the fact that they are in the middle of a turnaround. they put the cash together. you can expect more devic
FOX Business
Apr 2, 2013 11:00am EDT
money right now. connell: sorry china. we have those stories and much more coming up on "market now". dagen: top of the hour. i haven't seen you since last tuesday. do i get a hug? nicole petallides is at the floor of the new york stock exchange. nicole: let's take a look at the dow jones industrials. the dow gaining three quarters of 1%. the tech heavy nasdaq, the best of the three. certainly a great day on wall street. wanted to take a look, as the dow hit record intraday highs. the highest level ever. not only gaining, but hitting some new 52 week highs. if you own either of these names, you are probably pretty happy today. procter & gamble, johnson & johnson, coca-cola, just to name a few. connell: 78 cities adding jobs in the fourth quarter. according to a report from brookings, only 14 of the nations have what they did for the recession. let's bring in former senator out of north dakota. another state, by the way that is doing pretty good in the hiring department. what do you make of this? >> i have not all that surprised. states have different kind of economic circumstances.
FOX Business
Mar 19, 2013 1:00pm EDT
secretary jack lew meeting with the chinese president on the agenda of growing concerns about china ease role in cyber attacks. melissa: targeting seg represents in new york a week after a judge rejected the ban on large drinks. we get the verdict with the judge andrew going after soda, ear buds, cigarettes, what's next? seriously. lori: only can guess. it is back down to the floor, new hour here on "markets now," and i know cypress is driving action again today. >> it is. we are seeing headlines that the president will be talking with angela merkel, obviously, another development pertaining to what we see in cypress, which then, obviously, really rules the e.u. markets and our markets here at home. yesterday, for example, we lost a lot of money in the global market with all the concern about what's going on in cypress. we also had a strong dollar, and that, too, pressured things around here. just concerned about con that ons, and some more nervousness entered back into the market. we are seeing the dow down 40 points now after having been higher by about 60 points. we are seeing th
FOX Business
Sep 6, 2012 11:00am EDT
right now, ashley webster live from frankfurt. dagen: however, could china throw a wrench into any economic recovery here? if they slow down over there much worse than we thought? coming up to talk all about it. connell: president obama will take the stage tonight at the convention. neil cavuto, great job covering it for us and we will be live on "markets now" from charlotte. next. take a look at how the currencies are faring against the dollar. a move in the dollar and how it relates to stocks, we are up with the stock market and the euro against the dollar. [ male announcer ] let's say you need to take care of legal matters. wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of the old and combined it with modern technology. together you get quality services on your terms, with total customer support. legalzoom documents have been accepted in all 50 states, and they're backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself. it's law that
FOX Business
Jul 1, 2013 1:00pm EDT
rebound. >> it is more of a fizzle in china. a nine-month low. underscoring concerns that the chinese economy is losing steam. gordon chang will join us. lori: less than 48 hours to reach an agreement. a live report. >> 40 million americans will hit the road this fourth of july holiday. we will tell you what you can expect at the gas pump. you may actually smile when you hear the predictions. right now you are smiling when you check stocks. nicole petallides is on the floor of the new york stock exchange. nicole: why not. for all those bowls. here it is for you. we have talked about volatility in these markets. the best companies, if you love them, they are on sale right now. you have seen that. we jumped once again. all three of our major averages with arrows across the board. yesterday, on friday, excuse me, on friday's readings we were down. prior to that, we had three straight games in a row. we have seen that action. but also watch best buy. it has hit a new high. they love their vendor agreements that they are doing with microsoft's. they will be able to have the product
FOX Business
Jun 3, 2013 1:00pm EDT
of china was actually bearish. the mantra behind this is the economy is doing better than everybody else but after that number, but will not be tapering off anytime soon. you can see it very clearly with the yen-$ relationship, going over $1 for the first time in four weeks. the other concern is a tropical disturbance down in the gulf of mexico. the national hurricane center said they have a 20% chance of becoming a tropical depression. right now traders are looking at that. another reason why the traders don't want to be short. brent crude is up a lot stronger than we are here. concerns of overseas production shutting down, there you have it, a big rally on oil and the products across the board. back to you. melissa: how it's impacting natural gas? >> right now we are up a little bit. given last week's number was very bearish. everybody was bearish on natural gas. they key will be the storm in the gulf. if something develops, that will give natural gas a rally, but the weather is all over the place right now. melissa: very true. we appreciate it. lori: dennis lockhart telling fox b
FOX Business
Jan 23, 2013 1:00pm EST
points away from 13,800. europe fell down and china's slowdown seemed to no longer be of concern. i think stocks, overall, will head up. cheryl: there is a lot happening. with the big vote on the debt ceiling extension so short-term. it will give lori and melissa a lot to do in the next few moments. lori: thank you. good afternoon. i am lori rothman. melissa: and i am melissa francis. the extension of the debt ceiling. will it make the markets feel any more confident? lori: in the meantime, lou dobbs is here. secretary of state hillary clinton testifying on the benghazi attack. melissa: is the economy and low beer? we have an exclusive interview with the american trucking corporation bill graves. lori: the big apple shrinking? the new trend of micro- apartments in manhattan. 250 square feet. melissa: time for stocks now as we do every 15 minutes. let's head to the floor of the new york stock exchange where nicole petallides is standing by. nicole: i saw pictures of those apartments, i would love to buy one. they actually look very cute. let's take a look at some of the earnings rela
FOX Business
Nov 11, 2013 11:00am EST
way through southern china. dagen: with more on that, meteorologist maria molina covering the storm. maria: good morning, dagen and connell. the storm has been downgraded. the longer typhoon, but creating heavy rain in vietnam, impact in that area. even very strong wind. several more inches of rain across parts of southern china, higher amounts of rainfall. loooing at flash flooding and even mudslides possible so that is something we will keep an eye on. farther off toward the east, east of the philippines we are tracking another disturbance across the pacific ocean, and it is forecast to come together a little bit. you can see it on the satellite picture as it approaches portions of the philippines and we're expecting more areas of heavy rain especially along some of those areas already hit so hard, again more rain, more gusty wind. the only good news is we don't think the storm will intensify or become another typhoon. salt to the wound across the philippines. connell: maria, thanks. burial molina in the fox business weather center for us. dagen: the dow on track to set another re
FOX Business
Feb 4, 2014 11:00am EST
the key problem but what is coming from that is china's growth is slowing for several reasons. its labor force is going to shrink in a year or two, productivity is lower than it has been in the past. china because of rising wages and appreciating currency not nearly as cost competitive as it was so as china slows that is causing growth problems and other emerging markets which were driven by china's industrialization over the last decade or so. with not much pricing power by exporters in emerging markets that is causing profit problems you mentioned. dagen: in terms of china's slowing growth what other parts of the world will pick up the slack if at all? >> we think developed markets going to pick up the slack this year. we are optimistic about the u.s.. we think we will see slower growth in the first quarter because the inventory accumulation in the second half of last year will slow things a little bit in the first quarter but without that, we look for three to 3% growth this year so that is much better than it has been in the past, the euro zone is coming out of recession, we th
FOX Business
Mar 18, 2013 1:00pm EDT
financially. the dow, right now, at 14500, trading as low as 14404. cypress is a big concern. china is a big concern. they said china's economy is showing symptoms that sparked the crisis in 2008, the warning and saying they risk financial crisis. obviously, concerns about china. i'm going to stick to the cypress theme and put it together. the vix, fear index popped. you see the 1275 right now, up 17%. at one point, up 13%. right now, let's look at the financials because they certainly reacted. in some cases, dramatically, and the idea of them taxing deposits there. citigroup down 2% and banks abroad hit harder. back to you. >> a full and complete report, thank you, nicole. >> for the bailout proposal, is the tax on bank deposits, and that is sparking outrage and fear that there's going to be a run on the banks there. david, chairman and chief investment officer of dumb beer land as visiers of -- cumberland, and why do you think it's a big deal, david? >> caller: well, the finance ministers, the decision has been announced. the cat is out of the bag. once you open the door to taxing a de
FOX Business
Dec 18, 2012 11:00am EST
world is absolutely on fire, where people obviously focus on is china. in september, they approved infrastructure projects. love the way the stocking is acting the last couple of days. dagen: you are bullish on the global economy. charles: for a while now. connell: you are not worried about china athol? charles: i think china is going to continue to be on a roll. i am also impressed with brazil, indonesia and turkey. the rest of the world really doing extraordinarily well. connell: we like when you go global on us, charles. what do you use, google maps or apple? charles: stuart varney is probably better than me when it comes to these smart phones. connell: i do remember when you got away from the flip phone. charles: that is only because i left it in the green room. i heard someone from the smithsonian came up. dagen: charles, thank you so much. connell: let's go to this google graphic story. it is a very popular app. let's put it that way. we will talk about that coming up. more from washington, the house speaker ready to put through his own legislation. >> our hope continues to b
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