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FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
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This is very.
Imus in the morning program on the phone -- -- -- Good morning everyone Mitt Romney scored a convincing victory over his rivals last night but the race for the GOP presidential nomination is far from over.
For more on this let's go over to Fox Business is rich ads in -- live in Tampa Florida here it's.
Hey good morning Diane you know Mitt Romney has fewer than 100 delegates here -- need more than 11100 to secure this things we've got a long way to go but still.
A key victory for Mitt Romney last night he reverses Newt Gingrich is momentum.
And he has a lot of momentum going into some western states here look at his Mitt Romney with 46% of the vote last night of nearly one point seven million cast Newt Gingrich in second with 32%.
Rick Santorum at 13% and Ron Paul at 7% that's important because Newt Gingrich have been saying.
That he and Rick Santorum were splitting the conservative vote if you add them up together.
He said it would -- beat Mitt Romney that didn't happen that would be 46%.
To 45% after this was all over last night Newt Gingrich.
Addressed -- crowd in Orlando and instead of -- Mitt Romney what -- -- basically doing for two weeks he decided to turn it on the current president.
Barack Obama gets reelected it will be a disaster.
For the United States of America.
Make no bones about it if he can have a record this bad on employment this bad deficit is this bad policies this bad.
Gasoline prices this high and still get reelected.
You can't imagine how radical he'll be in his second term.
Fox News exit polling says those who voted for new congress did so because he was quote very conservative.
At a Tea Party voter in those who identified themselves as very conservative and Tea Party voters tended to vote.
For Newt Gingrich back to you.
Our average banks.
-- -- -- European Union regulators have blocked a proposed merger of the Deutsche Boerse and nice to Euronext.
-- -- businesses as fox business' Charlie Gasparino first reported a nice CS confirmed the news saying the two companies -- talked.
To terminate the merger agreement.
Nice Euronext says it will focus on a standalone strategy and -- -- to grow its derivatives business it will also resume its 550 million dollars stock repurchase plan.
And checking the markets now here in the US futures are up across the board -- to drop by 92 the S&P is up by nine and -- nasdaq's up by thirteen.
In -- up manufacturing imports in the UK showed improvement in January over December.
And there's still optimism that that Greek debt deal will soon be reached stocks are up across the board London's up by 74 -- up about fifty.
And -- up almost 150 now with more on what's moving those markets let's go over to Dow Jones senior correspondent nick Hastings nick.
IMF official came out -- talks over a new loan program for Greece should be done within days.
So what do you make of that and what if anything does -- tell us about these ongoing negotiations with private creditors.
We'll certainly.
Jimmy there's a great deal of optimism going on -- and -- that slowly -- feeding them little tidbits but I mean you know I think really a lot of people so be very cautious about getting over over over excited.
And over optimistic -- yes stocks are up and we've seen the Euro come up this morning.
But again I think a lot of people just feel that this is a market that's okay.
Waiting try to be optimistic but essentially -- have their hopes -- very quickly if there's not something solid because even when -- think it's -- we've been Greece gets is agreement.
This so many other problems and adapt to be immediately starts plea -- have also is only Greece the problems of Portugal are starting to become rapidly more obvious to many in the market.
On and we've -- this as a possible threat to the Euro further on so I mean as soon as you saw that -- one problem it's another another another another another.
That seems to be the trend as of late our Ed thanks -- Let's go to FaceBook now which is expected to file for a five billion dollar initial public offering as early as this morning -- -- following this story for us in the newsroom hey Robert.
Yeah -- in the SEC's Edgar site may get as many hits as FaceBook this morning as we -- are awaiting.
That filing to find out if it will be five billion dollars that is what -- media reports -- saying right now it's expected to be -- just put a floor they can always raise the value on that at a later time.
I've reports have said it could be as much as ten billion dollars valuing the company anywhere from 75 billion.
To 100 billion dollars of course analysts investors.
Waiting to get a look at their financials to see just exactly how much revenue there of regenerating what the growth rates looking like where they generating the most profits from.
Also be looking to see who is going to be selling and their shares at the -- in the early investors will be cashing out -- the insiders like Mark Zuckerberg the founder and CEO is he selling any of his stock in there as well.
And of course to see whether or not Morgan Stanley lands that the prime locations -- lead underwriter.
Trumping Goldman Sachs that is -- what we're will be looking to see.
We should do but finding that out today Diane back liberty and -- -- Thanks to keep checking in with you.
Now let's take a look at commodities oil and gold -- both up -- up by about fifty cents gold up by nine dollars Imus in the morning continues right now on Fox Business.
Giving you the -- across.
