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Hi good morning everybody we start things off for the life business and -- on the markets following yesterday's -- we find stop selling off in Europe this morning down across the -- down half a percent in London the -- down seven tenths of attack on down a third in Germany on the backs meanwhile.
Here in the US futures also pointing to gains on this Wednesday Wednesday after yesterday's selloff.
About half percent across the political for -- the major averages -- down yesterday.
More -- 1%.
The administration may try again to institute an oil drilling moratorium interior secretary Ken Salazar says.
He will issue -- you order a judge yesterday striking down that -- He says that wasn't enough justification -- this time Salazar says -- include more information to justify the six month ban on deep water drilling.
Taking a look at some of the other top stories for you the Federal Reserve will be -- -- interest rate decision later today that will almost certainly be no change in the rate.
-- also expected to keep its pledge to leave rates -- for a quote an extended period the will be carefully watching what the Fed says about the economy.
Chairman Ben Bernanke's seems confident the US will no -- into -- double dip recession joined Fox Business.
-- 2 PM eastern for complete coverage the announcement but -- coming at 2:15 PM.
And worry about growth now worry about -- -- that's the -- Treasury Secretary Tim Geithner White House economic advisor Larry Summers in a Wall Street Journal op -- this morning.
Laying out the agenda for the upcoming G-20 meeting they say quote we must demonstrate a commitment to reducing long term deficits but not at the price of -- growth.
This could be a difficult issue though because many European nations are already cutting back to avoid sinking into debt problems similar to Greece's.
We also have the deal news this morning BA SF's purchase of these specialty chemical maker Cognos is now official.
BASF paying three point 81 -- billion dollars the purchase helping BASF and to fine margin businesses like personal care and cosmetics.
And the software maker Adobe Systems reporting adjusted earnings of 44 cents a share for the company's fiscal second quarter that's topping analysts' estimate of 42 cents.
For the current quarter Adobe is forecasting earnings of between 46 cents -- fifty cents a share the estimate right in the middle of 48 cents.
She isn't falling more than 2% in after hours trading.
Taking a quick look at the commodities -- for you this morning oil down about half of the -- -- -- seven dollars and 47 cents a barrel while gold.
On the way up again three dollars and three cents to 12100 miles but slightly out -- -- coming up at 630 Imus -- guests will be political --
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