Wilbur Ross' Latest Announcement
Airtime: Wed. Jul. 14 2010 | 7:38 AM ET
Wilbur Ross is back on the prowl expanding his investment empire, with Wilbur Ross, WL Ross & Co. chairman & CEO and Mac Crawford, former CVS Caremark chairman.
Airtime: Wed. Jul. 14 2010 | 7:38 AM ET
Wilbur Ross is back on the prowl expanding his investment empire, with Wilbur Ross, WL Ross & Co. chairman & CEO and Mac Crawford, former CVS Caremark chairman.
To say Andrew Kilpatrick, better than most is an understatement. He is the author of “Of Permanenet Value: The Story of Warren Buffett knows Warren Buffett.”
“As far as I’m concerned the technicals are in tact, says Guy Adami. We said the S&P would over-correct to the upside and trade up to 1130 and then turn lower — and it did. Now we’re likely in the next leg lower. We have to see what happens as the S&P trades down to the lower end of the range – around 1040 – will it hold next time we test it?
The patterns in the S&P suggest that support will not hold this time, adds Oppenheimer’s Carter Worth. My persumption is we break lower. I think we go to 980. I don’t think a great crash is coming but we are clearly entering a period when the downside should be the focus of investors.”
Discussing Microsoft’s new mobile phone software, with CNBC’s Jon Fortt, and Steve Ballmer, Microsoft CEO.
Investors are also watching those retail chain store sales numbers coming in, with CNBC’s Jane Wells
Discussing today’s jobs data, with Milton Ezrati, Lord Abbett, and Carl Riccadonna, Deutsche Bank.
Google stopped its China search service as the government’s limits on free speech have reached a point where it can’t censor anymore, says Jessica Powell, its director of communications, Japan & Asia Pacific. She sheds more light on its decision, with Richard Martin, MD at IMA Asia, CNBC’s Martin Soong, Cheng Lei & Karen Tso.