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-- Imus in the morning.
-- on the phone -- Good morning everyone -- get one of the most.
Important pieces of economic data later this morning with the release of the January jobs report that report.
Is expected to show that the overall economy added 160000.
Jobs last month the private sector.
By itself is expected to show a gain of 165000.
In the unemployment rate.
Is expected to hold at seven point 8% as always we'll also be looking at the labor force participation rate that shows the percentage of working age Americans.
Who have jobs or are looking for them.
That number stayed at 63 point six in December.
The report comes out at 8:30 eastern fox business's Peter Barnes will be at the Labor Department to give us the news as it breaks.
Battelle is reporting weaker than expected fourth quarter results of a company says it made an adjusted profit of one dollar twelve cents a share three cents below the estimate.
Revenue rose 5% from last year to 2.2 six billion dollars -- that also came in.
Barbie who turns 54 this year may also be showing her age worldwide sales of the brand fell 4% from last year.
The tells also raising its quarterly dividend to 16%.
To 36 cents a share.
We're getting earnings -- from Merck now the drugmaker.
Three cents a share the cops that the estimate for 81 cents revenue came in at eleven point seven billion dollars that was also be.
Analysts were expecting eleven point 48 billion.
Let's take a look at the markets now here in the US futures have been in the -- across the board ahead of that jobs report Dow futures Europe fifteen ES and -- about three and a half.
And the NASDAQ -- eight in Europe.
-- better than expected eurozone manufacturing report added to optimism that the worst.
Other region's debt crisis has passed but that number still indicated contraction stocks are up across the board of London up 21 Paris is up 32 in Frankfurt up.
About seventy let's take a closer looked up.
At what that -- moving those European market to beyond Randolph -- sovereign risk -- I just global insight in London.
On the Euro has risen significantly in the last few weeks says outlook.
For the Euro -- improves but there is a perception -- the ECB is being less supportive.
And central banks like the US Federal Reserve the Bank of Japan what's your take on the.
What they're saying what the ECB is always being the -- court for Central Bank.
That's the way the Germans to -- the bank basically to be independent.
And put pressure from government -- heavy -- But yes I mean there has been a turnaround from a position of heights high risk aversion.
They have a break break -- has not receded.
Money it basically slowly going back from the -- of Europe Germany into the periphery.
But only affecting some markets but bonds but -- technically.
And then looking at these PMI numbers -- on hand better than expected but still showing contraction -- -- -- seems to be good enough for now won't -- with those expectations shift.
What seems to be happening is that the recessions and Southern -- -- -- shoppers -- is beginning to ease.
But we also looking at Germany the biggest economy.
And that we're saying the indexes full confidence business and keep consumers.
So we are looking for tell -- again to hold.
The European and eurozone cock economy out all.
Recession with us but nation that could happen but we depends on trying to trying to Obama gave -- -- and only Germany and give countries around airlift.
-- Ciena works out that young ran up but I just global insight always good to talk to -- thanks.
And we have earnings in now from Ingersoll Rand the industrial conglomerate -- -- an adjusted profit of 77 cents a share topping the estimates for seventy cents.
Revenue came in at 3.4 seven billion dollars just beating the expectation for three point -- six billion.
We also -- in from -- the auto parts supplier is reporting an adjusted profit of one dollar 48 cents a share beating the estimate for a dollar 37.
Revenue was also be at three point 72 billion dollars the expectation where there was for 3.5 five billion.
And Dell's founder and CEO is reportedly nearing a deal to take the company private.
According to reports a deal could be announced as early as Monday.
Under the plan Michael Dell would take a majority ownership of the world's third largest PC maker.
-- private equity giant silver lake and Microsoft.
But become minority investors is still unclear what the group will pay Delis in -- shareholders for all that but.
It is expected to be the largest Leveraged Buyouts since the global financial crisis.
Here's a look at commodities now Wimbledon next -- morning -- -- oil still down.
At a 23 cents now trading around 97 dollars a barrel gold is up almost five dollars at 1666.
Coming up this hour I.
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