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This is this Imus in the morning.
On the -- Every -- -- -- like jobless claims fell by 6000 last week to 357000.
That was higher than the 355000.
Estimate but it puts the number of people lining up for first time benefits.
At the lowest level in nearly four years the prior week was revised higher to 363000.
But that's still means jobless claims.
Have now been under 400000 for twelve straight weeks tomorrow we'll get the government's monthly jobs report -- analysts expect.
Jobs were added to payrolls in March.
Thirty minutes away from the opening bell let's take a look at futures and -- across the board still Dow futures down by 43 a little higher than we saw earlier today let's get -- full preview of the trading day.
With -- had a leading -- of blood the New York Stock Exchange pinnacle.
Okay good morning -- morning in the do you see gas futures here point to a lower open we got in our weekly jobless claims on showing some good news.
There -- so with less of the drop than expected so that brought little bit of optimism brought futures up off their lows of the day that.
I can tell you that financials are still under pressure name like Bank of America are our.
Citigroup -- was still with down arrows are keeping an eye and many of the retailers including Bed, Bath & Beyond.
Coming out with a profit.
That beat the street it's -- place that you go went for one thing and you come out with 300 dollars worth of stuff that's the kind of place that Bed, Bath & Beyond this.
I see some of the other retailers and -- you gonna get into some of them but.
-- looks like mostly up hours from many of these names.
Then move on to casual dining in this one area that.
Seem to be holding on but I do -- ruby Tuesday's now coming under pressure.
They had to cut their full year numbers and looking at their comps so ruby Tuesday's down.
In double digits in percentage terms then we have Hovnanian which yesterday.
Came under some pressure -- issuing a secondary what happens and have a secondary right diluted shares to shareholders Henis -- -- -- -- And -- I do see Hovnanian down once again also when you have a tough economy.
You know home builders don't necessarily do exceptionally well under that type of environment pandora everybody knows pandora media they think that music.
Pandora Internet radio basically is making a pact -- Nissan.
For -- in cars streaming in the new -- to live 2013 Altamont.
Also they're gonna have Suzuki.
Integrate pandora -- -- its vehicles some good news there for pandora but you see the bid ask is really sort of surrounding.
The last trade from yesterday so doesn't seem to be jumping as of yet but that's the big news here on Wall -- and that dollar and commodities higher -- All right thanks to -- that they gonna get these retail numbers now the warm weather and an early Easter helped boost retail sales in March in San store -- -- Macy's rose seven point 3%.
That topped the estimate for an increase of four point 8% from a year ago online sales jumped 39%.
Target says its monthly numbers rose seven point 3% while analysts were expecting them to rise.
But five point 4% target also raised its first quarter outlook to between a dollar -- cents -- a dollar ten and that would -- the estimated 97 cents.
-- sales were up 8% that also -- the expectation.
For an increase of five point 4%.
JPMorgan Chase CEO Jamie Dimon took home the top spot when he came to pay for banking had last year.
Dimon received 23 million dollars in compensation according to a filing with the SEC the same thing he got in 2010.
The pay package comes after the bank made a record nineteen billion dollars that year.
Last year rather and that helped to pass Bank of America at the largest lender in the US.
In his annual letter to shareholders he released yesterday diamond criticized the number of regulations.
He says -- had huge content consequences for American competitiveness and growth.
He warned that the cost of credit look I'm because of higher capital and liquidity standards and -- -- make it more expensive to lend to certain borrowers.
Three international publishers appear ready to settle a probe by US and European authorities over e-book contracts with apple.
According to the Wall Street Journal Simon and Shuster harpercollins and -- -- book group.
Are close to deal with the Justice Department.
The journal reported last month -- the DOJ was looking at filing an antitrust suit against those three along with Penguin Group Mac -- and apple.
Unclaimed they work together to raise the price of ebooks under the agreement publishers would let Amazon and other retailers offer lower prices for those digital books.
Likely forcing apple either match those prices or stop selling books all together.
Harper Collins and the Wall Street Journal are both owned by news -- the parent company of the Fox Business Network.
Billionaire hedge fund manager the billionaire hedge fund manager behind lightsquared says he may put his wireless venture in bankruptcy.
Philip Falcone tells Dow Jones the move is the best way for -- to maintain control of the company.
Lightsquared has faced recent hurdles with federal regulators denying the company's wireless network -- in February.
Sprint Nextel also canceled a potential long term contract last month.
Lightsquared has cut nearly half of its staff this year to save money and it -- building its wireless broadband network as well.
Let's take a look at commodities.
Markets have been down but oil and gold have been up we're not -- oil around 101 -- ballot -- that's 1625 announced Imus in the morning continues right now.
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