Bill Gross: Blame the Rating Agencies
Airtime: Wed. May 5 2010 | 2:08 PM ET
Discussing whether America is letting the rating agencies off the hook, with William Gross, PIMCO.
Airtime: Wed. May 5 2010 | 2:08 PM ET
Discussing whether America is letting the rating agencies off the hook, with William Gross, PIMCO.
Ford Motor earned 46 cents a share in the first quarter, beating estimates of 31 cents a share. CNBC’s Phil LeBeau has the details.
Discussing whether the slow and steady rally is the key to more stock gains to come, with Mike Rubino, Rubino Financial; Scott Redler, T3live.com and CNBC’s Bob Pisani.
The long-term chart for the euro suggests it will go “much lower” versus the dollar and could fall toward $0.90, which is the lows of 2000/2001, Mark Sturdy from Seven Days Ahead told CNBC Wednesday. Sturdy also takes a technical look at the pound.
The ISM Manufacturing Index slipped to 59.7 in May from 60.4 in April, and construction spending jumped 2.7% in April. CNBC’s Steve Liesman parses the data.
Airtime: Wed. Feb. 24 2010 | ET January new home sales are down 11.2 percent, with CNBC’s Diana Olick, New Home Sales Released- 2.24.10
Bank of America and other Wall Street banking giants do not need to be broken up to protect the global economy from another financial crisis, Brian Moynihan, CEO of Bank of America, told CNBC Friday 1.29.10.