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Happy Friday we started -- live this is alert on the markets and European markets are lower ahead of the open here in the United States and so are the features there's the footsie in London down one half of 1%.
Cac forty in Paris German -- both declining.
Our futures are also declining after and coming up and down session yesterday that ended.
On the on the down note on some concerns.
About revenue growth from certain companies Dow futures down.
28 points so far this morning that we do of the key report out this morning.
That will show how strong or maybe how weak the economic recovery really is our first look at second quarter GDP expected to show growth -- two and a half percent -- an annual rate.
Be slightly slower than the first quarter takes about.
3% growth give -- take to create enough jobs to keep up with population growth according to economists say anything below that.
3% level would confirm fears that the economy's not growing.
Fast enough to create jobs again that's at 8:30 eastern.
Disney finally sells off Miramax -- group of private investors -- about 660 million dollars for it.
It's more that then the group led by investor Ron Burkle in the Weinstein Brothers was willing to pay so the key to the deal really.
Was the value of Miramax's movie library has about 700 movies including Chicago and No Country for Old Men.
-- -- sold off now.
Let's look at some -- other top stories here this morning president Obama's heading to Detroit today.
To talk with auto workers during a three hour visit to the motor city he'll visit date Chrysler plant.
Which has been adding jobs also GM plant for the Chevy Volt will be assembled.
President says the auto bailout was -- success that saved as many as a million jobs.
Also since the taxpayers would -- get back all the money invested in the car companies.
The White House -- -- cannot clarify some of those statements saying that the president meant the money spent by.
His administration sixty billion dollars -- dollars not including the 25 billion spent by President Bush so that fits with previous estimates.
Of the losses faced by taxpayers.
Here's another effort to get money back from Bernie Madoff Stanley Irving Picard the trustee in the case is going after about thirty million dollars he says the Madoff family invested.
In technology and oil companies this follows on an existing lawsuit which is seeking about 200 million dollars to Madoff wife sons and niece.
And also -- posting better than expected earnings -- dollar 23 compared to an -- of the one dollar per share for met life.
Revenue falling short of the analysts forecast though.
The stock rising in after hours trading on the -- -- than expected profit figures and separately met life is part of investigation by New York's attorney general Andrew Cuomo.
Cuomo calling it a major fraud investigation into how life insurance companies.
Make payouts to policy beneficiaries.
Are -- -- -- top stories the oil prices down gold is up this morning and Imus in the morning begins right now on the Fox Business.
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