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Jul 12, 2012
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china's red hot economy is cooling, we look at what the slowdown means for u.s. corporate earnings, and the global economy. >> susie: and one company is making a big push into china, marriott international, a look at its latest earnings and strategy. >> tom: that and more tonight on "n.b.r.!" >> tom: markets were clearly disappointed today the federal reserve does not seem ready to act right away to boost the economy. minutes from the fed's june meeting show only a few policy makers wanted to expand a bond buying program known as quantitative easing to lower interest rates and boost the economy. but as darren gersh reports this is now really a question of timing. >> reporter: the fed was not willing to give markets an immediate monetary fix, but the latest readings from its policy making committee show a couple more lukewarm reports on the labor market might change that. >> and if these employment reports are still weak like this last one, i think a strong case could be made for the fed to expand its balance sheet and try to support the economy more. so, at that
china's red hot economy is cooling, we look at what the slowdown means for u.s. corporate earnings, and the global economy. >> susie: and one company is making a big push into china, marriott international, a look at its latest earnings and strategy. >> tom: that and more tonight on "n.b.r.!" >> tom: markets were clearly disappointed today the federal reserve does not seem ready to act right away to boost the economy. minutes from the fed's june meeting show only a...
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Jul 11, 2012
07/12
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china is going to be there as well. and brazil >> susie: you know, you talk a lot to ceos and directors in boardrooms, what can you tell us about their level u5 confidence in this environment, and what's going on here nationally with businesses in the u.s., what they telling you about their plans for hiring. >> first of all, they are worried about europe. there is an increased worry about what's going on with china. you reported earlier we're in the single digit growth. they're looking for double digit growth. china is going to start making them nervous. and after that the political environment in the united states, very nervous about health care, and looking nf,ly about the other aspects with what's going on with the tax kutds, for example. every year, lots of talk about it. how does a ceo run a company when there's uncertainties, he or she has to stay conservative, and hold k back on investment and not helping job growth either. >> susie: wolfgang koester thank you for coming on the program. >> susie: all this week, w
china is going to be there as well. and brazil >> susie: you know, you talk a lot to ceos and directors in boardrooms, what can you tell us about their level u5 confidence in this environment, and what's going on here nationally with businesses in the u.s., what they telling you about their plans for hiring. >> first of all, they are worried about europe. there is an increased worry about what's going on with china. you reported earlier we're in the single digit growth. they're...
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Jul 24, 2012
07/12
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if completed, it would be china's biggest foreign acquisition ever. nexen's energy resources stretch from oil sands in western canada to oil rigs in the north sea and the gulf of mexico. the proposed deal needs regulatory approval, including the support of american regulators. joining us with more on what this deal could mean for oil supplies, and prices, ed morse, he's managing director and head of global commodities research at citigroup global markets. so, ed, a lot of questions today about the big china deal concerns about world oil supplies and prices. is there a risk here? >> i don't think the risk is very great. they have 200,000 barrels a day production and that's a fifth of c-nook's production and compares to a global market of 90 billion barrels a day. it's a tiny amount of supply from the world perspective but it means a good deal more perhaps in terms of future supply. >> susie: you know, there has been resistance to china buying a big oil company. we had an issue with unical in the u.s. if this opens the way for more oil deals with china
if completed, it would be china's biggest foreign acquisition ever. nexen's energy resources stretch from oil sands in western canada to oil rigs in the north sea and the gulf of mexico. the proposed deal needs regulatory approval, including the support of american regulators. joining us with more on what this deal could mean for oil supplies, and prices, ed morse, he's managing director and head of global commodities research at citigroup global markets. so, ed, a lot of questions today about...
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Jul 5, 2012
07/12
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china cut several key interest rates for the second time in a month. and the bank of england held its rates steady, but said it will pump billions of dollars into its economy through a new round of bond buying. here in the u.s., some hopeful signs for the weak job market. private employers added 176,000 new workers to their payrolls in june, stronger than the previous month. and the labor department said the number of people filing for unemployment benefits dropped by 14,000 in the past week. both reports bode well for tomorrow's monthly employment report. and many economists raised their estimates on the number of people getting new jobs in june. despite these positive developments, stock markets were mixed. european markets closed lower, and here on wall street, investors held off from making any big commitments. the dow fell 47 points, the nasdaq barely budged, and the s&p lost six points. "nightly business report" is brought to you by: captioning sponsored by wpbt >> tom: more now on our top story: alarm bells sounding around the world about the gl
china cut several key interest rates for the second time in a month. and the bank of england held its rates steady, but said it will pump billions of dollars into its economy through a new round of bond buying. here in the u.s., some hopeful signs for the weak job market. private employers added 176,000 new workers to their payrolls in june, stronger than the previous month. and the labor department said the number of people filing for unemployment benefits dropped by 14,000 in the past week....
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Jul 6, 2012
07/12
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., and china announced moves to boost growth. the european central bank lowered interest rates to an all-time low. china cut several key interest rates for the second time in a month. and the bank of england held its rates steady, but said it will pump billions of dollars into its economy through a new round of bond buying. here in the u.s., some hopeful signs for the weak job market. private employers added 176,000 new workers to their payrolls in june, stronger than the previous month. and the labor department said the number of people filing for
., and china announced moves to boost growth. the european central bank lowered interest rates to an all-time low. china cut several key interest rates for the second time in a month. and the bank of england held its rates steady, but said it will pump billions of dollars into its economy through a new round of bond buying. here in the u.s., some hopeful signs for the weak job market. private employers added 176,000 new workers to their payrolls in june, stronger than the previous month. and...
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Jul 27, 2012
07/12
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. >> you also are looking to go over seas with china. pretty aggressive play considering the slowdown we've seen in china, and the slowdown for that matter in the etf that follows some of the larjter chinese stocks. ticker symbol. fxi. are you early, do you thk? >> we're probably early and the strategy would be to gradually move into it over time, the june figures in china look good. they're going to get a lot of stimulus, fiscal and monetary stimulus, and subsequent to the turnover this fall. >> tom: so looking for a chinese play there. you haven't been afraid to go overseas. >> last time we spoke to you in february, you were looking at the s&p for oil and gas equipment services fund. that's down 10 and a half percent. but you were in developing markets in the etf in emerging markets. that's down 10%. you've taken licks. are you putting new money to work? >> definitely. when cash it available we're putting mon nethose areas, particularly the emerging marketss are going to grow much more rapidly. we see significant opportunities there. >
. >> you also are looking to go over seas with china. pretty aggressive play considering the slowdown we've seen in china, and the slowdown for that matter in the etf that follows some of the larjter chinese stocks. ticker symbol. fxi. are you early, do you thk? >> we're probably early and the strategy would be to gradually move into it over time, the june figures in china look good. they're going to get a lot of stimulus, fiscal and monetary stimulus, and subsequent to the turnover...
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Jul 4, 2012
07/12
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europe, the united states, and china. europe right now is obviously not in a very good spot, and also, economically, they're in a rescission. the united states from our perspective is we avoid a recession in the u.s., and china, the third leg of that analysis is going to have a landing right now. so you're seeing global softness. commodities have sold off, emerging markets have sold off. and the united states has held up well, if you look at the russell 1,000, and the 2,000, you do need long term disciplinea sxnding. and there's going to be softness and volatility. >> susie: you know this is a headline driven market, and the headline is everyone is waiteding for is a report. what are you expecting? what kind of market reaction is going to come as a result of this? >> the consensus right now is a hundred thousand. that makes sense in that we've got a soft labor market. we're looking for a glacial improvement in the jobs markets. i emphasize glacial. it's going to get better, but not soon. >> susie: so if the number comes i
europe, the united states, and china. europe right now is obviously not in a very good spot, and also, economically, they're in a rescission. the united states from our perspective is we avoid a recession in the u.s., and china, the third leg of that analysis is going to have a landing right now. so you're seeing global softness. commodities have sold off, emerging markets have sold off. and the united states has held up well, if you look at the russell 1,000, and the 2,000, you do need long...
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Jul 25, 2012
07/12
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to europe, the people's bank of china guided the yuan downward against the dollar for a third day, to its lowest level since november. it's a stark contrast to the central bank's previous behavior, over the past two years, it has been focused on boosting the yuan's value. >> tom: the global economy may be slowing but its business in north america that is powering some big american manufacturers. caterpillar, boeing and ford were able to shake off weakness in europe, even as the difficulties are expected to continue. >> reporter: caterpillar is the most optimistic of the three. despite flat second quarter sales in europe and a drop in latin america and asia, it still expects this to be a record year. caterpillar earned $2.54 per share last quarter, much stronger than analyst estimates, and a big jump from a year ago. it's construction business illustrates where business is getting done. caterpillar's north american construction equipment sales jumped 42%. they were essentially flat in latin america and europe, and down 11% in asia, due to what the company described as a large decrease
to europe, the people's bank of china guided the yuan downward against the dollar for a third day, to its lowest level since november. it's a stark contrast to the central bank's previous behavior, over the past two years, it has been focused on boosting the yuan's value. >> tom: the global economy may be slowing but its business in north america that is powering some big american manufacturers. caterpillar, boeing and ford were able to shake off weakness in europe, even as the...
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Jul 2, 2012
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this is the company's second plant outside europe, the other one is in china. airbus' c.e.o. says no one should be surprised by today's announcement. >> airbus has indeed european roots, but we have long since grown, into a truly global company with key sites in every part of the world, and of course we are already right at home here, in the united states of america. >> susie: the a-320 is airbus' most popular plane and it's key to the company's strategy of competing u.s. rival boeing. >> susie: some legal wrangling overseas for apple today. first, italy. that country is threatening to shut down apple's italian operations, if the company doesn't offer a free two-year warranty on all of its products, as demanded by italian law. the country's competition and market authority is giving apple 30 days to act. so far, no comment from apple. meanwhile, a chinese court says apple has reached a deal allowing it to use the name "ipad" in china. apple will pay $60 million to a chinese maker of computer monitors, that had patented the same name. >> susie: apple shares rose on that settle
this is the company's second plant outside europe, the other one is in china. airbus' c.e.o. says no one should be surprised by today's announcement. >> airbus has indeed european roots, but we have long since grown, into a truly global company with key sites in every part of the world, and of course we are already right at home here, in the united states of america. >> susie: the a-320 is airbus' most popular plane and it's key to the company's strategy of competing u.s. rival...
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Jul 31, 2012
07/12
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the demographics will be better than china. but i think right now, india -- everyone is so pessimistic. everyone is so bearish. they just need a couple of thicks to turn in the right drek, and you'll see the confidence and momentum back. but we're not there right now. >> tom: looking from an investment perspective. eric stein from boston eaton advance. >> the government may not be closing the doors come september. the house of representatives and senate leaders struck a deal pushing the deadline back another six months and giving them more time to work out the looming tax hikes and spending cuts. the deal will be voted on in september. and homeowners with fannie mae and freddie mac will have to look elsewhere for a break in mortgages. regulators say they will not allow troubled loan holders to take part in a white house program to reduce their balances, saying the program is too costly. treasury second, tim gietener is urging the major lenders to be prepared. >> tom: it was a day of the major stock indices marking time before t
the demographics will be better than china. but i think right now, india -- everyone is so pessimistic. everyone is so bearish. they just need a couple of thicks to turn in the right drek, and you'll see the confidence and momentum back. but we're not there right now. >> tom: looking from an investment perspective. eric stein from boston eaton advance. >> the government may not be closing the doors come september. the house of representatives and senate leaders struck a deal pushing...
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Jul 10, 2012
07/12
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the company lowered its financial outlook due to weaker sales in china and europe. and research in motion lost 5.3%. c.e.o. thornsten heins meets his shareholders at their annual meeting tomorrow. the company's blackberry devices continue struggling against competitors. all five of the most actively traded exchange traded funds were lower, with the russell 2000 and emerging market funds dropping the most. and that's tonight's "market focus." >> tom: one of the most popular investment strategies has been dividend maying stocks, bonds paying such low-interest rates investors have been looking for companies that pay shareholders. which leads us to tonight's word on the street, yield, lindsey bell san investment analyst with the street.com am looking at dividend yield here, lindsey, is there an important difference between how much a dividend is and how much the dividend has been increasing? >>. >> yes there is. you can have a high dividend yield on a stock which is basically the dividend per share divided by the stock price. or you can have a company that is consistent
the company lowered its financial outlook due to weaker sales in china and europe. and research in motion lost 5.3%. c.e.o. thornsten heins meets his shareholders at their annual meeting tomorrow. the company's blackberry devices continue struggling against competitors. all five of the most actively traded exchange traded funds were lower, with the russell 2000 and emerging market funds dropping the most. and that's tonight's "market focus." >> tom: one of the most popular...
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Jul 24, 2012
07/12
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there probably is something to that and something to a larger issue with europe and china, both results there were weak across the board and they were okay in the u.s.. but i think it's pretty predictable that some people will put off buying the new iphone because there's going to be a newer, faster thinner one coming out, but at the same time that's a little bit of passing the buck. there's been a lot good material coming out from other manufacturers and there's been a lot of good competition while apple hasn't brought much to market in the past couple quarters. >> susie: so who is nibbling at apples angles? >> i think samsung is definitely the big player there and they are running googles system android i. own shares of google. google has gotten way out in front with android because it free and they've put a lot of resources making it a comparable system to the iphone. what a lot of people don't realize is that android phones don't need to be as good as the iphone in order to sell. the iphone is like a bmw, we don't want one, we can degree it a great car, great phone, but we don't nee
there probably is something to that and something to a larger issue with europe and china, both results there were weak across the board and they were okay in the u.s.. but i think it's pretty predictable that some people will put off buying the new iphone because there's going to be a newer, faster thinner one coming out, but at the same time that's a little bit of passing the buck. there's been a lot good material coming out from other manufacturers and there's been a lot of good competition...