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-- 225 and -- -- is down overnight.
Kospi in South Korea also down Hang Seng in Hong Kong.
Shanghai composite China they're all -- -- we'll talk about all these big stories coming up the earnings and everything else and well the Secret Service -- -- -- London cac forty German -- they're all up.
Features here in the US they're all up 62 points on -- features and finally.
Before we get to that is commodities one O 363 for oil and gold's also higher up -- five dollars.
And sixty cents -- -- those futures up some better than expected earnings reports from some America's biggest companies out -- is in keeping track.
Yeah as a rundown for you -- Adam.
IA data let's talk about Coca-Cola again digital Coca-Cola is sold in 43% while Coke products 43% of the stores worldwide.
Area Coca-Cola products so that probably help because they -- today.
-- 89 cents earnings per share history is expecting 87 cents on the bottom line revenue candidate eleven.
-- 14 billion that industry is expecting ten point eight billion.
They've been doing a cost cutting program to deal with higher commodity costs and it seems to be working so they had a very good first quarter.
Goldman Sachs checked this out Goldman Sachs increasing their dividend of 46 cents the quarterly dividend.
-- per share was three dollars 92 cents that beat the street estimate of 355 revenue came in at nine point 95 billion.
That is down from a year ago but better than what the street was expecting -- nine point -- billions.
Moving out -- Johnson & Johnson this was the one that's gonna be interesting to look at.
It's a beat on earnings per share of one dollar 37 cents she's expecting a dollar 35 but revenue came in just -- -- bit.
Of what the street was expecting at sixteen point one billion revenue was expected mistreated sixteen point two billion.
And -- part of this might have to do with legal -- of product liability costs but again it's -- on the revenue.
-- -- for Johnson & Johnson date.
Thank you -- for all that Adam Shapiro in our newsroom more markets now live from London Kathleen Brooks joins us research director.
At Forex dot com and Kathleen good to see you we talked about European stocks going higher today.
The talk just for a moment about speed what's gonna happen there.
Say they had a debt auction this morning which went surprisingly well -- it may be told full costs.
But they still have a she's numbered paddles to -- David -- is still very weak it's very -- -- in the bond market.
And that trying to -- -- don't have don't -- and that will be the real test we believe.
Does the fact that this morning's auction of debt.
This the fact that is as you said I it went well that was maybe it's a small portable that was -- heard of -- was cleared make you feel a little bit better about.
This whole idea is bigger picture of -- European debt crisis never want -- -- in its back in Spain.
His next they're gonna need a big bailout does this one auction make you feel any better about that.
Definitely -- -- -- you know.
I mean in the very short time at least it means that you day they don't -- to be expelled -- and anytime soon Greece isn't it was Spain is engaged needs.
A bail out any time seeing.
But now coming on line programs exactly as saying there's no -- in Spain austerity is probably too strong at this time for them.
And you know they still look -- -- debt talks -- say you know I won that one good -- -- now will be occasional buzz date for I don't.
-- so what happens next -- European stocks were showing her up and you know the euros from.
What where does that go endowed what are you that I know its -- what LC concerned about.
What we are very concerned about the French elections on and on and on Sunday it with us round of elections if we get a decisive win the whole baggage check into the -- is -- -- bonds.
We think that could really debt ten -- -- what we see the -- it's a very tight ranges in your way in results.
And that we think the big event like that something that would spook the markets -- -- -- -- as some breakout on the downside.
Socialist candidate running against the -- current.
French president Nicholas Sarkozy lot of people are worried about that or at least interest in it it Kathleen thanks appreciate it.
So thank you.
Back here -- the senate rejecting president Obama's controversial Buffett rule proposal.
Which calls for raising taxes on the wealthiest America.
But the battle may not be -- -- this is Peter -- has more on that story force this morning.
Well this measure needed sixty votes to overcome the threat filibuster it got only 51 votes to do that 45 senators voting no this was pretty much along party lines for senators not voting.
Despite the outcome of the vote last night will hear this debate continue through to Election Day.
Are tough for many middle class American families.
Of millionaires and billionaires march -- the -- For the sacrifices.
Not one bit.
Last year there were 7000.
Millionaires -- didn't -- a single penny in federal income taxes.
For the president.
Fairness is about taking from Islam.
And giving to other.
It's about taking from taxpayers and giving it to solar company.
It's about taking from the private economy and given -- the government workers so they can -- only 823000.
The Buffett rule would impose a minimum 30% tax rate on millionaires that would raise 47 billion dollars over ten years barely scratching.
The six point seven trillion in additional debt.
The president's budget would add over the next decade.
But the legislation last night would have also repealed the Alternative Minimum Tax which would -- cost about 840 billion over ten years so net net.
Would've added about 800 billion dollars to the deficit over the next decade back to you in -- -- Peter -- there in Washington -- to -- -- is also with us here at the York she's in the -- newsroom this morning.
With some more headlines and Norway for economic data we talk a lot better earnings but the -- -- data later -- That's right cut also look at the latest information on the housing market at the bottom of the hour and housing starts.
Are expected to commit at an annual rate of 705000.
From march that would be a slight uptick from February's reading -- 698000.
People off to get building permits for last month those are sign of future activity.
And they're expected to show an annual rate of 7101000.
Down slightly from February's 7171000.
Those numbers will be out at 8:30 eastern and we'll have them for you.
As soon as they cross meanwhile investors will be watching apple shares there -- under pressure in the premarket.
After the stock fell for a fifth straight day yesterday that's something that hasn't happened in more than six months.
Apple dropped more than 4% yesterday and it's now down nearly 9%.
From its record close above 636.
Dollars a week ago.
-- is an apple and Google weighed on the NASDAQ which closed down below the 3000 level yesterday.
Some analysts say Apple's decline could be due to speculation about the launch of -- cheaper iPad.
Which could cut into earnings others say the stock fell victim to profit taking after surging 75%.
From late November but still.
Apple is up 43%.
For the year meanwhile the Chinese economy is facing more trouble as foreign investments flowing into the country fell for the fifth straight month in March China says it's a nearly eleven point eight billion dollars.
In from overseas investments down more than 6% from a year ago.
For the first three months of the year foreign direct investments totaled roughly 29 and a half billion dollars.
That's nearly 3% drop from a year ago.
Investments from the European Union so the biggest drop.
Tumbling more than 30%.
From January to march but investments from the US jumped more than 10% during that same time.
Still commerce officials say they expect investment figures to remain grim.
For the rest of the year.
-- start time and time to sit -- there in that is.
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