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Nov 6, 2013
11/13
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jackie deangelis has more. >> reporter: solar stocks, year to date they have been great performers but will they continue to be shining stars? solar city up roughly 400%, for solar up roughly 100% and canada solar up a whopping 700% but some analysts think these stocks look frothty. proof knit margins picked up and there will be a time they come back down but that doesn't mean there aren't bright spots in the space. the chinese solar names performed particularly well. >> partly, it's because they did get extremely beaten down in 2011, 2012 and it is true that margins have improved and volumes have generally picked up partly because the chinese government is pushing solar demand in a very big way. >> reporter: u.s. based companies could see growth domestically as states provide special incentive but these companies have another advantage. >> for many of the companies, it is an international market, certainly u.s. exposure is important and the u.s. solar market does have room to grow. >> reporter: part of the big picture is consolidation,ç not just larger solar players shopping for sma
jackie deangelis has more. >> reporter: solar stocks, year to date they have been great performers but will they continue to be shining stars? solar city up roughly 400%, for solar up roughly 100% and canada solar up a whopping 700% but some analysts think these stocks look frothty. proof knit margins picked up and there will be a time they come back down but that doesn't mean there aren't bright spots in the space. the chinese solar names performed particularly well. >> partly,...
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Nov 18, 2013
11/13
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cnbc's jackie deangelis is here. we're talking about the kinds of turkeys that don't fit in ovens in new york city. >> 16 pounds or bigger. and the fresh ones. butterball saying they're not gaining weight as quickly as they used to. a company is not sure why. they have notified their retail customers that they're shipping half as many of those birds. butterball also saying that the frozen turkeys that have not been affected. and it does expect to be at full capacity with the fresh turkeys by christmas. and a spokesman with turkey association says only a fraction is sold fresh. 85% are flash frozen. so there's plenty of turkeys. >>> so lululemon has found a way, we had to say it, to turn lemon into lemonade. they're taking those pants that are see-through that were recalled and they're going to sell them? >> that is exactly right. lululemon saying that it's transformed the see-through pants through laminated recycling. that means they put a patch on the back side. they're calling them second chance pants. the tag read
cnbc's jackie deangelis is here. we're talking about the kinds of turkeys that don't fit in ovens in new york city. >> 16 pounds or bigger. and the fresh ones. butterball saying they're not gaining weight as quickly as they used to. a company is not sure why. they have notified their retail customers that they're shipping half as many of those birds. butterball also saying that the frozen turkeys that have not been affected. and it does expect to be at full capacity with the fresh turkeys...
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Nov 5, 2013
11/13
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. >>> and now for your first look at business, we turn to cnbc's jackie deangelis. jackie, good morning. >> good morning, mara. good news for apple. at&t saying activations for the new ipad air more than tripled this weekend, compared to the launch of the ipad 4 last year. at&t says demand was driven by its mobile share service, which lets people add an ipad for their existing data plan for $10 a month. >>> meantime, pack a sandwich on thanksgiving day. there's definitely some shopping to do. kmart and sears saying they'll be open from 6:00 a.m. straight through black friday. retailers are nervous, of course, about the holidays following some disappointing back-to-school sales. >>> and finally, google is offering some help out there, launching a live video chat service with experts offering advice on everything from cooking to home repair. sessions can run from a few minutes to several hours and prices are set by the expert. mara, for me and a cooking lesson, it would have to be more than several hours, i'm guessing. >> very interesting. we'll have to see how that g
. >>> and now for your first look at business, we turn to cnbc's jackie deangelis. jackie, good morning. >> good morning, mara. good news for apple. at&t saying activations for the new ipad air more than tripled this weekend, compared to the launch of the ipad 4 last year. at&t says demand was driven by its mobile share service, which lets people add an ipad for their existing data plan for $10 a month. >>> meantime, pack a sandwich on thanksgiving day. there's...
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Nov 12, 2013
11/13
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back to you. >> thank you very much for that, jackie deangelis. i would like to show you a chart of what crude oil is doing. below $93 for a barrel and this is the first time since june. sharon epperson a moment ago was telling us about where we can find the cheapest gasoline around. i think it was $2.66 in oklahoma. a function of what's going on with crude as we can see it's been dropping for the last couple months and now below $93 a barrel. >>> twitter hype losing steam, two analysts initiate coverage with a neutral rating. let's bring back herb greenberg on this. you've said there's a real tug of war brewing on wall street over this very newly public stock. >> you know, this is a fool me once for some of the analysts. they're not willing to accept the possibility that the stock goes much lower. they put a buy on it. what's interesting, pre-ipo you had about eight analysts come out and have buys on the stock. they're looking very good right now. then you have four over the past few days post-ipo with the equivalent of neutrals. one of my favori
back to you. >> thank you very much for that, jackie deangelis. i would like to show you a chart of what crude oil is doing. below $93 for a barrel and this is the first time since june. sharon epperson a moment ago was telling us about where we can find the cheapest gasoline around. i think it was $2.66 in oklahoma. a function of what's going on with crude as we can see it's been dropping for the last couple months and now below $93 a barrel. >>> twitter hype losing steam, two...
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Nov 8, 2013
11/13
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let's get more from jackie deangelis. >> good afternoon, brian. while the super typhoon is packing quite a punch in some parts of the philippines, believe it or not international businesses that have hubs there, they are not panicking yet. fedex which has a shipping hub near the former clark air force base told cnbc it is monitoring the typhoon and that safety and well being of its team members are a top priority. the company cautions however that there could be service delays despite contingency plans. texas instruments told us it has not been impacted an main taens normal operations. many other corporations that do business in the fill peeps as well, however -- philippines, for example, ford, fair chooelds and a variety of consulting firms have offices there as well. more recently there have been a flurry of american companies moving their call centers to the philippines, companies like at&t, jpmorgan, and even expedia have set up centers in the region. while there haven't been any reports of major business disruptions the storm isn't over and i
let's get more from jackie deangelis. >> good afternoon, brian. while the super typhoon is packing quite a punch in some parts of the philippines, believe it or not international businesses that have hubs there, they are not panicking yet. fedex which has a shipping hub near the former clark air force base told cnbc it is monitoring the typhoon and that safety and well being of its team members are a top priority. the company cautions however that there could be service delays despite...
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Nov 5, 2013
11/13
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. >>> we turn to cnbc's jackie deangelis. >> some good news for apple. a tcht&t saying active ai ifsiv. demand was driven by its mobile share service which lets people add an ipad for $10 a month. >>> make sure it's a turkey sandwich. there's some shopping to do. kmart and sears say they'll be open at 6:00 on thanksgiving day straight through black friday. retailers are nervous about the holidays following disappointing back-to-school sales. >>> and finally, google is offering some help. launching a live video chat service with experts offering advice on everything from cooking to home repair. sessions can run from a few minutes to several hours, and prices are set by the expert. back to you. >> jackie, thank you so much. >>> sports is just ahead including this time-honored tradition in arkansas. it's so fun. look at that. we'll have it when we come back. >>> by the way, congratulations on your baby. >> thank you. >> i know exactly -- >> thank you. thank you very much. you know how good it feels. >> i know exactly how that is. after i lost running for pr
. >>> we turn to cnbc's jackie deangelis. >> some good news for apple. a tcht&t saying active ai ifsiv. demand was driven by its mobile share service which lets people add an ipad for $10 a month. >>> make sure it's a turkey sandwich. there's some shopping to do. kmart and sears say they'll be open at 6:00 on thanksgiving day straight through black friday. retailers are nervous about the holidays following disappointing back-to-school sales. >>> and finally,...
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Nov 5, 2013
11/13
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jackie deangelis has more. >> reporter: the keystone pipeline surrounded by controversy, a decision pending that would transport canadian oil to gulf coast refineries on north american oil. but do we need it? believe it or not, rail is increasingly becoming a viable means for transporting supplies and a few key companies in canada are moving quickly to at capacity. >> it hit a record of 4.1 million barrels a day and expected to grow to 5 billion barrels a day. >> reporter: an lit tick firm ihs can estimates it could grow to handle 700,000 barrels of crude a day from the oil sands region in western canada, and that's a low estimate. right now, trains carry about 150,000 barrels from there. >> without the keystone pipeline, crude by rail capacity is expected to increase substantially from about 500,000 barrels a day today in canada to over 1 million barrels a day by the end of 2014. >>> compare that to keystone, the project if approved is designed to carry about 830,000 barrels per day, so similar amounts of oil can movie ya pipeline or rail but how much will it cost and is rail shipping chea
jackie deangelis has more. >> reporter: the keystone pipeline surrounded by controversy, a decision pending that would transport canadian oil to gulf coast refineries on north american oil. but do we need it? believe it or not, rail is increasingly becoming a viable means for transporting supplies and a few key companies in canada are moving quickly to at capacity. >> it hit a record of 4.1 million barrels a day and expected to grow to 5 billion barrels a day. >> reporter: an...
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Nov 16, 2013
11/13
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for "nightly business report", i'm jackie deangelis. >>> jp morgan chase, the largest bank agreed to a $4.5 billion settlement over bad mortgage backed securities. the same group of 21 institutional investors already received an 8.5 billion-dollar settlement from bank of america on similar claims. >>> a clear legislative review to the troubled health care law today. the republican controlled house passed a bill aimed at undermining the affordable care act, voting to let insurance companies review cancel the plans and sell individual health plans to anyone, even if they don't meet coverage requirements in the new law. 39 democrats broke rank supporting the so-called keep your health plan act. it goes to the democratic led senate where it's expected to fail. >>> of course, all of this comes as president obama met with top health care insurance ceos today at the white house, trying to drum up support for his latest fix to the law. he urged the companies to reinstate thousands of policies that were cancel the and enlisted their help to get the problem plagued website healthcare.gov websi
for "nightly business report", i'm jackie deangelis. >>> jp morgan chase, the largest bank agreed to a $4.5 billion settlement over bad mortgage backed securities. the same group of 21 institutional investors already received an 8.5 billion-dollar settlement from bank of america on similar claims. >>> a clear legislative review to the troubled health care law today. the republican controlled house passed a bill aimed at undermining the affordable care act, voting to...
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Nov 19, 2013
11/13
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i'm jackie deangelis. we are watching the energy complex generally under pressure, though west texas intermediate taking a little bit of a turn and flirting with positive territory. a couple of factors that indicate to traders that we could be going lower in terms of oil prices, the first being the concern that the s&p is overvalued, coupled with the lower growth forecasts from the oecd this morning, those would be negative for oil prices. and also concern that crude inventories tomorrow would show another build, it would be the ninth consecutive week, more supply could drive oil prices down. and finally, the ongoing talks between iran and the international community about its weapons program. if iran was able to strike a deal and its oil were to come back on the mark market, that would drive prices down as well. if we break through the $92 mark and go negative, we could be in the high 8 0s. the colder temperatures and forecast turning prices around a little. gold prices higher on the weaker dollar but hov
i'm jackie deangelis. we are watching the energy complex generally under pressure, though west texas intermediate taking a little bit of a turn and flirting with positive territory. a couple of factors that indicate to traders that we could be going lower in terms of oil prices, the first being the concern that the s&p is overvalued, coupled with the lower growth forecasts from the oecd this morning, those would be negative for oil prices. and also concern that crude inventories tomorrow...
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Nov 19, 2013
11/13
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jackie deangelis is tracking the action for us at the nymex. hi, jackie. >> good afternoon, sue. gold prices slightly higher on the day. traders a little bit cautious today ahead of those fed minutes released tomorrow in the october meeting. they're not really expecting that much to change. they're expecting the policy to stay the same. no taper talk. some of the traders are saying they would be buyers of gold tomorrow, around 13.10. those are the levels to watch. we're trading under 1275. and we've held that level for most of the day. meantime i also want to highlight copper today as well. making some moves that you've got a weaker dollar in terms of copper and also have some optimism in terms of china. you would expect both of those factors to really boost copper up and that has some traders wondering if this isn't going to be sort of a damppenning side for the stock market. keep an eye on copper. back to you. >> we sure will, thank you. >>> rick santelli now at the cme and we're bumping up against 2.70% again in the ten-year. you pointed out that shouldn't be a price. >> no. a
jackie deangelis is tracking the action for us at the nymex. hi, jackie. >> good afternoon, sue. gold prices slightly higher on the day. traders a little bit cautious today ahead of those fed minutes released tomorrow in the october meeting. they're not really expecting that much to change. they're expecting the policy to stay the same. no taper talk. some of the traders are saying they would be buyers of gold tomorrow, around 13.10. those are the levels to watch. we're trading under...
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Nov 21, 2013
11/13
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let's get out to jackie deangelis for today's "pump patrol." >> reporter: gas prices creeping up today. the national average for a gallon of regular, $3.22 according to aaa. keep in mind that is still 20 cents lower from the same time last year. today the cheapest gasoline could be found in warrensburg, missouri, where the price is $2.71 per gallon. but compare that to hawaii where people are paying $3.94 a gallon. now, today there are six states where gas is below 3 bucks a gallon, aside from missouri, those are oklahoma, kansas, new mexico, nebraska and also arkansas. but keep in mind, if you live in the tri-state area, you're going to want to fill up in new jersey where gas prices are roughly 40 cents less than connecticut and new york. that's today's "pump patrol." back to you. >> jackie, thank you. that's right. come to new jersey. we don't have enough people yet. >>> gas prices falling, oil prices down, shale production is booming, and the epa proposing cutting the ethanol mandate for blendable fuels back to last year's level making some to wonder whether ethanol is being left ou
let's get out to jackie deangelis for today's "pump patrol." >> reporter: gas prices creeping up today. the national average for a gallon of regular, $3.22 according to aaa. keep in mind that is still 20 cents lower from the same time last year. today the cheapest gasoline could be found in warrensburg, missouri, where the price is $2.71 per gallon. but compare that to hawaii where people are paying $3.94 a gallon. now, today there are six states where gas is below 3 bucks a...
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Nov 11, 2013
11/13
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jackie deangelis is tracking the action at the nymex. hi. >> good afternoon, sue. we are watching gold futures, trading lower today. but staying above the key level of 1278. that's a key technical level. traders are a little tentative today, take something profits here. but the major leg down that we saw, below 1300, that came last week after the ecb lowered rates and we had that better than expected jobs number. meantime in the pits today talking about janet yellen's confirmation is a the game changing event this week because we will hear from her about some of her views on monetary policy and get a little better sense of who she is. meantime we're watching the rest of the complex as well and even though we had a bullish number out of chain that, that industrial production number for october we're still seeing silver and copper prices rather flat. we are watching palladium and platinum, the biggest losers on the day. back to you, sue. >> thank you, jackie. >>> we've all heard about flipping homes but what about flipping corporate jets? what some millionaires and b
jackie deangelis is tracking the action at the nymex. hi. >> good afternoon, sue. we are watching gold futures, trading lower today. but staying above the key level of 1278. that's a key technical level. traders are a little tentative today, take something profits here. but the major leg down that we saw, below 1300, that came last week after the ecb lowered rates and we had that better than expected jobs number. meantime in the pits today talking about janet yellen's confirmation is a...
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Nov 25, 2013
11/13
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jackie deangelis is looking at which are being naughty or nice this holiday shopping season? hey. >> good afternoon, sue. consumer reports is out with its fourth annual naughty and nice holiday report card. they've combed through the fine print of retailers, airlines, tellco companies to see who merits scorn and praise for their policies and practices this year. take a look first at the nice list. companies going above and beyond this holiday season. at lands end if you have to return something you aren't confined to a 30 day window. the merchant has an unconditional return policy at any time for any reason, that even applies to personalized and monogrammed items. at hampton inn and suites the 1-800 unit brand owned by hilton says if you're not completely satisfied you aren't expected to pay at all. you're guaranteed are friendly service, clean rooms and comfortable surroundings every time. moving on it to the naughty list, pardon me, these companies got a thumb's down this holiday season. best buy is one of them, now requiring identification for returns and retaining the rig
jackie deangelis is looking at which are being naughty or nice this holiday shopping season? hey. >> good afternoon, sue. consumer reports is out with its fourth annual naughty and nice holiday report card. they've combed through the fine print of retailers, airlines, tellco companies to see who merits scorn and praise for their policies and practices this year. take a look first at the nice list. companies going above and beyond this holiday season. at lands end if you have to return...
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Nov 6, 2013
11/13
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>> here's jackie deangelis. >> good afternoon. solar city isn't the only company in the space that's logged massive games. solar up nearly 100%, canadian solar up almost 700%. analysts are cautious. >> this is a commodity business. margins are going to be cyclical. they have picked up and there will come a time when they will come back down. >> there aren't some bright spots in the space. the chinese solar names, they've done very well. that's because margins are improving, volumes picking up and the government helping spur demand. u.s.-based companies could see some growth, domestically at some states providing special incentives, but these companies have international exposure as well. the industry is also going through consolidation phase and it's not just the larger solar players shopping around, it's also strategic players looking to get into the space so who could be next? >> advanced industries, market cap 800 million similar to power one, also in the solar inverter business, and the nice thing about that is unlike the pack
>> here's jackie deangelis. >> good afternoon. solar city isn't the only company in the space that's logged massive games. solar up nearly 100%, canadian solar up almost 700%. analysts are cautious. >> this is a commodity business. margins are going to be cyclical. they have picked up and there will come a time when they will come back down. >> there aren't some bright spots in the space. the chinese solar names, they've done very well. that's because margins are...
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Nov 27, 2013
11/13
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. >> i'm no jackie deangelis, but a great one here. crude supplies are surging, the demand picture is weakening, and the mideast concerns are starting to fade away here. oil futures have dropped 20 bucks from the high. they hit that three months ago. let's get right to t jeff killberg, what could be the crude weakness be around, or what could turn it around, can those prices start to go higher? >> domino, i don't think anything will turn this trade around in the short term. let's think about this, they're seeing great selling pressure, and $91 print. we haven't seen that since june. the market is digesting the short term, the trial-basis deal that secretary of state kerry structured with iran. and think about it. there are a lot of skeptics, but we're seeing the $7 billion initial impacts for iran. they want to follow through, they want to do in the six months, but from a supply perspective, domino, we're not seeing iran allowed to sell more than a million barrels until the six-month expiration, comes up, but the bear market, 8840 is t
. >> i'm no jackie deangelis, but a great one here. crude supplies are surging, the demand picture is weakening, and the mideast concerns are starting to fade away here. oil futures have dropped 20 bucks from the high. they hit that three months ago. let's get right to t jeff killberg, what could be the crude weakness be around, or what could turn it around, can those prices start to go higher? >> domino, i don't think anything will turn this trade around in the short term. let's...
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Nov 19, 2013
11/13
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let's get more from jackie deangelis over at the nymex. afternoon. >> hey, scott. watching the copper prices closely. and we have a weaker dollar. we also have investors out there who are more optimistic about china. so the question is, why can't copper get going -- get going, given those facts? they're typically good for the industrial metal. anthony, you are here with me, and can you answer that question? what's the problem for copper? >> jackie, talking about copper, you have to talk about china, because they use 40% of the world's copper that is produced. but the reforms that they implemented, they did for a reason, because the growth has been slow there. that's affected copper prices. the reforms that they do have implemented now, though, don't have to take place till 2020, so a slow restructuring of the economy. it's hard to tell where copper prices will go from here. there's been reports of drawdown in copper supplies and chinese warehouses, but we're not sure whether or not their using that copper at all, or just moving it to another spot. there's a lot of
let's get more from jackie deangelis over at the nymex. afternoon. >> hey, scott. watching the copper prices closely. and we have a weaker dollar. we also have investors out there who are more optimistic about china. so the question is, why can't copper get going -- get going, given those facts? they're typically good for the industrial metal. anthony, you are here with me, and can you answer that question? what's the problem for copper? >> jackie, talking about copper, you have to...
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Nov 5, 2013
11/13
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let's go to jackie deangelis and the "futures now" crew. >> good afternoon, scott. the crude crash continues. oil dropping for the sixth straight session, now at its lowest level since june. anthony at the imex, what's behind the sell-off and what will put a floor under the crude market? >> jackie, scott mentioned it coming into this segment, inventory problem, and we billed 36 million barrels, so it's about fundamentals. inventory is very high. i'm short crude oil right now, and looking to short some more of it. i think we've still got 4%, 5% to the downside. >> rachel at the cme, curious to get your take on this. what is the decline for oil means for stocks? >> jackie, i think short term, it's actually going to be negative for stocks as some of the oil names can help prop up the market. we've seen a correlation between consumption and the economy. but listen, i think longer term, it's better, the tax will be lifted, if the oil price slides, the tax removed from the economy should be better for equities, mid to longer term. so really, support level here at 92, i th
let's go to jackie deangelis and the "futures now" crew. >> good afternoon, scott. the crude crash continues. oil dropping for the sixth straight session, now at its lowest level since june. anthony at the imex, what's behind the sell-off and what will put a floor under the crude market? >> jackie, scott mentioned it coming into this segment, inventory problem, and we billed 36 million barrels, so it's about fundamentals. inventory is very high. i'm short crude oil right...
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Nov 12, 2013
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let's get more from jackie deangelis and the "futures now" crew. >> that's exactly right, scott. gold dropping for the fourth straight day and lost $80, so, anthony, what is the problem for gold? we've been discussing this for a long time. what will finally put the floor in the market? >> jackie, you've had the safe haven status for gold out the window all year long, with the equities up 20%. a couple of weeks ago, we failed miserably at the 1,660 technical level, and the strengthened dollars, which also put pressure on the gold. the only thank that will save it if the fact that inflation ramps up and people look for it as a hash. >> 1,278, a key technical level, we've broken through that, will we finally find support? or do we go lower from here? >> it's a well-defined trend line. i think for me to call it totally broken, i'd say even down to maybe 1,270, because sometimes it's not an exact science. normally, on a trend like that, i would look at it and potentially buy it for a bounce. but you have to ask yourself, if interest rates are potentially going up, and i believe intere
let's get more from jackie deangelis and the "futures now" crew. >> that's exactly right, scott. gold dropping for the fourth straight day and lost $80, so, anthony, what is the problem for gold? we've been discussing this for a long time. what will finally put the floor in the market? >> jackie, you've had the safe haven status for gold out the window all year long, with the equities up 20%. a couple of weeks ago, we failed miserably at the 1,660 technical level, and the...
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Nov 8, 2013
11/13
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jackie deangelis has that part of the story. >> the philippines isn't a manufacturing hub for companies like thailand, but it does serve as a sales and distribution arm for many international companies including automakers like ford, technology companies like texas instruments and fair child semiconductor, shippers like fedex and a variety of consulting firms, just to name a few. now also over the last few years, there have been a flurry of american companies moving call centers to the philippines, like at&t, jpmorgan, even expedia have been setting up shop in the region, given that this super typhoon haiyan is one of the strongest typhoons this year companies are using caution to protect employees and properties. fedex told cnbc it's monitoring the typhoon and safety and well being of its team members are top priority. the company, of course, cautioning however that there could be service delays despite contingency plans. texas instruments told us that it has not been impacted by the storm and maintains normal operations. early systemses suggest we could see roughly $15 billion in dama
jackie deangelis has that part of the story. >> the philippines isn't a manufacturing hub for companies like thailand, but it does serve as a sales and distribution arm for many international companies including automakers like ford, technology companies like texas instruments and fair child semiconductor, shippers like fedex and a variety of consulting firms, just to name a few. now also over the last few years, there have been a flurry of american companies moving call centers to the...
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Nov 13, 2013
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let's get more from jackie deangelis and the "fortune" crew. >> good afternoon, scott. oil moving more than a dollar higher today, but only closing after the lowest level since june. jim, the long decline here, is it finally over? >> no, i don't think you can say that yet. the fundamentals story still holds, and that's domestic supply story. plus a lack of any real headlines out of the middle east. if you were short this, and you got the 15% run, i'd have my hand on the button quick. if it trades at 96, that's an indication it's over. until then, i'm negative on crude. >> richard, what's your take? has oil found support? >> after the 9% to 10% decline, we're at trend line support at $92. any pop here, i would consider a bear market rally. and really we're not looking for price. this is a process. with the capitulation, the market points higher, looking for a draw tomorrow of about 800,000. anything less than that, and the market goes up. >> all right. we'll be watching closely. for more on crude, check us out, futuresnow.cnbc.com. >> all right, jackie, thank you very mu
let's get more from jackie deangelis and the "fortune" crew. >> good afternoon, scott. oil moving more than a dollar higher today, but only closing after the lowest level since june. jim, the long decline here, is it finally over? >> no, i don't think you can say that yet. the fundamentals story still holds, and that's domestic supply story. plus a lack of any real headlines out of the middle east. if you were short this, and you got the 15% run, i'd have my hand on the...
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Nov 7, 2013
11/13
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cnbc's jackie deangelis is at cnbc hq for us in the united states. jackie, a good year for wall street for bankers? that seems unlikely. but why? >> well, it's interesting, ross. wall street bonuses forecast now to rise about 5% to 10% this year. that's according to a new report by xain compensation consulting firm johnson associates. so not so bad. that would mark the second straight annual increase as the sector continues its slow recovery from the financial crisis. now, top executives at wall street banks and firms, they could see bonuses at the low end of that range, so rising about 5%. however, johnson says there's a wide disparity in payoutes and that's interesting. it depends on what you do for a living within the industry. people in low risk, fee heavy businesses, they are going to likely get bigger year-end bonuses. johnson saying this group includes the asset managers, financial advisers and underwriting investment bankers who could see bonuses just as much as 515%. now, those who work in the volatile and risk heavy businesses like bond tra
cnbc's jackie deangelis is at cnbc hq for us in the united states. jackie, a good year for wall street for bankers? that seems unlikely. but why? >> well, it's interesting, ross. wall street bonuses forecast now to rise about 5% to 10% this year. that's according to a new report by xain compensation consulting firm johnson associates. so not so bad. that would mark the second straight annual increase as the sector continues its slow recovery from the financial crisis. now, top executives...
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Nov 6, 2013
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joining us is jackie deangelis in the states. so, right, have they narrowed the list down? >> microsoft is reportedly narrowed the list of outside candidates to replace steve balmer to about five people. reuters reporting that the group includes ford ceo alan mulally and steven elop. reports say that the search process could still take a few more months. balmer says he plan toes retire within the next year. investors have pushed the board in recent months to target a turn around expert, someone like mulally or computer is sciences ceo mike lowrie. a spokesman for the automaker says mulally remains focused on making progress in the company's strategy and ford doesn't engage in speculation. microsoft has identified three internal candidates, including tony bates, and satya nadella. reports saying that the search committee is interviewing people from a wide range of sectors, including consumer and life sciences. now, some investors have reportedly suggested to microsoft's board that co-founder bill gates step down as chairman because he's standing in the way of radical reform.
joining us is jackie deangelis in the states. so, right, have they narrowed the list down? >> microsoft is reportedly narrowed the list of outside candidates to replace steve balmer to about five people. reuters reporting that the group includes ford ceo alan mulally and steven elop. reports say that the search process could still take a few more months. balmer says he plan toes retire within the next year. investors have pushed the board in recent months to target a turn around expert,...
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Nov 8, 2013
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with more, we're joined by jackie deang his in the states. just how apoll getting has he been, jackie? >> very apologetic. president obama says he's sorry some americans are losing their current health care plans as a result of the affordable care act despite his repeated pledge over the past two years that no one would have to give up coverage or the doctors that they liked. and the president's comments come after nbc news reported last month that the white house has known since 2010 that millions of people who buy insurance on their own that they can see those plans canceled because the policies don't meet the guide lines under obama care. in many cases the new plans are at higher rates. in an exclusive interview, chuck todd says his administration wasn't as clear as they need to be. >> even though it only affects a small amount of the population, it means a lot to them, obviously, when they get this letter cancelled. and, you know, i am deeply concerned about it and i've assigned my team to see what can we do to close some of the holes and
with more, we're joined by jackie deang his in the states. just how apoll getting has he been, jackie? >> very apologetic. president obama says he's sorry some americans are losing their current health care plans as a result of the affordable care act despite his repeated pledge over the past two years that no one would have to give up coverage or the doctors that they liked. and the president's comments come after nbc news reported last month that the white house has known since 2010...
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Nov 14, 2013
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. >>> let's get straight to jackie dianne g deangelis with your daily pump trol patrol. >> reporter: the national average at $3.19, 20 cents cheaper than this time last year. in fact, prices around the country are now at lows not seen since february of 2011. you've got an increase in crude supplies coupled with a decrease in crude prices. and also a quiet hurricane season all contributing to these low prices at the pump. so where's the cheapest gas in the country right now? joplin, missouri. where a gallon of regular gas cost $2.62. that's according to gasbuddy.com. joplin seeing prices a full 45 cents cheaper than the national average. missouri just one of nine states where the average price of gas is under $3 a gallon today. and that's today's "pump patrol." now back to you. >> thank you very much. >>> still ahead, a double shot of talk. first up, "street talk." the five big stock movers that you need to know about. >>> and also, welcome to "coffee talk." how mcdonald's is stirring the pot in the coffee wars. we asked people, "if you could get paid to do something you really love,
. >>> let's get straight to jackie dianne g deangelis with your daily pump trol patrol. >> reporter: the national average at $3.19, 20 cents cheaper than this time last year. in fact, prices around the country are now at lows not seen since february of 2011. you've got an increase in crude supplies coupled with a decrease in crude prices. and also a quiet hurricane season all contributing to these low prices at the pump. so where's the cheapest gas in the country right now?...