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This is -- Imus in the morning.
On the Fox Business.
Good morning everyone -- thirty minutes away from the opening bell on Wall Street taking a look at futures they've not across the board all morning both here.
And stocks in Europe as well were higher right now we're seeing Dow futures up by 84.
The S&P is up by eight and the nasdaq's up.
By eleven points now for a preview of the trading day we've got a lot of earnings out today so let's see what the -- had -- -- on the floor of the New York Stock Exchange has to say that.
-- -- all the information we got in today and how that will of that market pain involved.
We should talk about the fact that we've had such as stellar January and that's traders on Wall Street are really looking forward to the rest of the year because.
The January that we stop the Dow the NASDAQ and the SP really have a great correlation to the rest of the year 86% of the time he might be an -- Here doesn't look over the last 25.
Years of history that's good news this morning we're looking -- Bank of America with an -- -- in favor of this morning Citigroup was raised -- an outperform.
At Wells Fargo this on a day where the dollars to the downside and equities and commodities higher despite the fact that we got from ADP employment on Friday everybody is waiting.
For the all important jobs report.
We're gonna continue to watch Amazon.com.
-- -- -- the analysts' estimates for fourth quarter revenue not good news airheads shipping costs hit them obviously there -- is a money losing item.
They sell lots of them but they lose money -- each item and so we do see that one under fire as well.
So that's what we're looking at also looking at AOL coming under pressure.
Their profit dropped 66%.
-- -- some hot topics and we'll continue to take a look.
At some of the hot stories on Wall Street back to -- Alright well thanks.
And Mitt Romney scored a convincing victory over his rivals last night but the race for the GOP presidential nomination is far from over.
So for more on that let's go over to Fox Business is rich ads in who live in Tampa Florida for a -- -- good morning Diane Mitt Romney -- Florida with fifty delegates to lead about 11100 borders so this thing up so there's still plenty of time left in this race if Gingrich says this -- ago another six months it could and earlier he says if Mitt Romney drops out earlier but when you look at all this the momentum really is with Romney here big victory for him last night 46% of the vote.
With some one point seven million Floridians voting in this 32%.
For -- for Newt Gingrich 13% for Rick Santorum.
And Ron Paul finishing fourth.
Now this was such a tough race for Romney Gingrich really -- at each other for the ball the last couple of weeks here in Florida but.
When Mitt Romney took the stage after his victory last night he turned it on the president.
American crisis Thomas -- is reported to have said lead to follow them or get out of the way.
President you were elected to -- You chose to follow and now it's time for you to get out of the way I.
Fox News exit polling of Florida voters show that those who thought the economy was the number one issue.
But it Mitt Romney did well for the economy voted for Mitt Romney.
Also they thought he was the number one -- to be President Obama in the fall for those who voted for Newt Gingrich those are those who identified themselves as very conservative.
-- -- average thanks.
And FaceBook is expected to file for -- five billion dollar initial public offering this morning have a great following that story from as far as rather from the newsroom -- Robert.
And -- at this keep it watchful eye here on the wires to see if they file with the SEC are waiting for that filing guy it is expected to come as soon as today could happen at any moment here.
The violation you talk about a media reports saying now looking at five billion dollar initial public offering ahead per -- down from ten billion -- this would also just be.
Sort of a place -- amount putting in a floor in the file and acknowledged raise -- any point in time as we move forward here it would be the biggest US Internet IPO ever it even at five billion dollars to keep in mind Google raised just one point nine billion dollars in 2004.
The same your FaceBook was founded.
-- -- to valuation for the company could be as much as 100 billion dollars.
It could be as low 75 billion according to reports analysts and investors really wanna dig through this filing here today's C.
I just done.
Where where all the profits are coming from and the revenue and what's the splits coming from online transactions -- online advertising sales -- -- who is cashing out here are the early investors.
Also may be some of the insiders as well -- and we should also point out who is -- -- be the underwriter Morgan Stanley is reported to be the lead underwriter -- shares up.
I outpacing gains by other financials in early trading more than 2% on the session here in early going back to you.
However average thanks.
Not a bad -- to be Mark Zuckerberg IRA let's get the latest on weather now from beyond this Maria Molina and our Fox Business by the senate name Maria painting an and it's not a bad day either going to be in the northeast where temperatures -- -- well above its typical for the first.
Day of February we could be looking at a high near near.
Citi act 59 degrees and that's -- insulin approaching -- French that's pumping and now warmer air from the south.
Northward and we do have some rain associate with the system as well right now falling across parts of Alabama Mississippi each.
And stretching into the northeast -- needles umbrellas as we had -- -- specially for the first half of today -- and.
All right Maria thanks let's take a look at commodities oil in gold are both up Imus in the morning continues right now on Fox Business.
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