Also in this playlist...
This transcript is automatically generated
This is this Imus in the morning.
On the -- Good morning everyone at the bottom of the hour we'll get a fresh look at personal income and spending for last month.
Spending is expected to rise by zero point 6% from January that would be the biggest gain since September.
Part of that increase can likely be chalked up to rising gasoline prices meanwhile incomes are estimated to have risen by zero point 4%.
That report comes our way at 8:30 eastern time will of course give you those numbers as soon as we get them.
Meanwhile shares of Research in Motion are lower in the premarket after the company miss expectations.
With its fourth quarter results -- says it's reviewing strategic options but new CEO Thorsten -- wouldn't rule out a sale of the company either.
The black rain maker reported a profit of eighty cents a share which was a penny shy of analysts' expectations while revenue fell 25% from a year ago to four point two billion dollars also short.
Of the four point 54 billion dollar estimate.
Rim says it -- just over eleven million Smartphones in the quarter on the low end of its forecast of eleven to twelve million.
The company says it will no longer provide earnings guidance due to a desire to focus on long term value creation.
Meanwhile -- and former co CEO Jim to Philly has left the company's board of directors and the company's chief operating officer and chief technology officer.
Are also leaving.
People across the country -- buying tickets for tonight's Mega Millions lottery drawing in hopes of winning a record 540 million dollar jackpot.
Now because the official odds for the winnings are about one in 176.
Many believe any jackpot above 176 million dollars is a great bets but there are few catches -- for -- about a third those -- have to be factored out for taxes.
And you also have to consider higher jackpots mean hired chances for multiple winners which of course means less money for each one.
Still whether they're sharing or -- it up for themselves after taxes whoever does win tonight.
Is looking a lump sum of about 290 million dollars or annual payments of more than fifteen and a half billion for 26 years.
Let's take a look at the markets now here in the US at the last trading day of the quarter in futures are up across the board.
-- -- are up by sixty points over in Europe finance ministers are meeting in Copenhagen and they've agreed already to temporarily boost the size of the region's bailout fund.
To over one trillion dollars stocks there are up across the board.
A London's up by 37 -- of by 48 in -- up by eighty now let's take a closer look at what's moving those markets but Dow Jones senior newswires correspondent.
Senior correspondent rather nikkei's things over in London.
Nick we have that the finance ministers agreeing that the region's bailout fund that does that would -- provide any sense of calm for the global markets.
Well it's to a certain extent but you know a lot of people feel -- that that's still not gonna be enough.
And stop the stop basis and to provide a logical follow stop contagion spreading to Spain and Italy essentially what they have done is yet -- and the 500.
Billion euros to the 200 billion euros that was still sitting there let -- up to the bailouts of Greece and Ireland and Portugal.
On so the thing is now is whether or not this is gonna be enough to really.
Stop international investors from feeling that Spain and Italy risk.
The bet is that it probably won't we've got people like -- OECD Angel Gurria they had -- saying.
We need at least one trillion euros we need the mother of all file -- basically to stop this.
All right and over the weekend look at China's in my -- your expectations are for -- debt in factory activity how concerned should investors be.
If that doesn't have been -- case.
Very I mean in one -- basically I mean you know China is incredibly important to the global economic recovery and it China does not.
Create or achieve a soft landing.
And some people way ahead that in fact it's not just gonna have a rough landing it could actually have a hard landing on and these are figures that point -- -- -- industrial activity in China.
Not expanding anymore but started to contract so people to be very worried I'm and it's something that people -- people I think everybody should be CDO really asylum.
All right that they case they've -- Dow Jones in London thanks -- Thank -- And Boeing is reportedly looking overseas to help boost sales of its C seventeen plane.
According to the Wall Street Journal the company thinks it could see new sales from the Middle East or Asian day in the coming month.
Boeing is based slowing demand for the plane here in the US and -- hefty spending cuts at the Pentagon.
The journal says that the company has enough orders to keep production of the C seventeen going through the third quarter 2014.
But it will have to decide this year whether to stop producing it after that.
Here's a look at commodities now like the markets oil and gold have been this morning -- up by almost sixty cents at 103 barrel pulled up almost sixteen dollars.
Coming up this hour more music from Montgomery Gentry Imus in the morning continues right now on.
Filter by section