Financial News from Squawk Box from 4/9/2009

Wells Fargo & Company (WFC) Discussed on CNBC’s Squawk Box

Wells Fargo & Company is in the news. Find out how this impacts WFC trading on Ockham Research.

Are we going to have to do something at starbucks so they can emerge in the public >> steve, wonderful to have you >> busy morning before WELLS FARGO AND howard dean and hank. Busy stuff. Markets are closed tomorrow for we’re going to be back on we’ll kick off a new week of join us monday, "squawk on the street" is coming up next. >>> WELLS FARGO expects a report record first quarter earnings, surpassing the street’s the news sending stock futures walmart’s march sales falling short of expectations.

“… k off a new week of join us monday, “squawk on the street” is coming up next. >>> WELLS FARGO expects a report record first quarter earnings, surpassing the street’s the news sending stock futures walmart’s march sales falling short of expectations. …”

Starbucks Corporation (SBUX) Discussed on CNBC’s Squawk Box

Starbucks Corporation is in the news. Find out how this impacts SBUX trading on Ockham Research.

Care system, energy front, protectionism and the like? Then they’re going to have to examine, I hope, how do we get ipos from start-up companies out are we going to have to do something at STARBUCKS so they can emerge in the public >> steve, wonderful to have you >> busy morning before wells fargo and howard dean and hank. Busy stuff.

“… have you >> busy morning before wells fargo and howard dean and hank. Busy stuff. …”

Wells Fargo & Company (WFC) Discussed on CNBC’s Squawk Box

Wells Fargo & Company is in the news. Find out how this impacts WFC trading on Ockham Research.

Slf up by $1. $10.20 is where that bid is at after the closing at 9:20. Let’s put steve forbes through the "squawk" two-minute drill. What’s your reaction about what we heard from WELLS FARGO? >> it shows the financial system has the wherewithal to get this back on track. If they do right on the mark to market, stretch as much as they can from what they got, that

“… is back on track. If they do right on the mark to market, stretch as much as they can from what they got, that …”

Sun Life Financial, Inc. (SLF) Discussed on CNBC’s Squawk Box

Sun Life Financial, Inc. is in the news. Find out how this impacts SLF trading on Ockham Research.

As a result, not only is wells fargo taking off, up by more than $5 this morning, the entire financial sector has seen quite a bit of strength. Slf up by $1. $10.20 is where that bid is at after the closing at 9:20. Let’s put steve forbes through the "squawk" two-minute drill. What’s your reaction about what we heard from wells fargo?

“… awk” two-minute drill. What’s your reaction about what we heard from wells fargo? …”

Wells Fargo & Company (WFC) Discussed on CNBC’s Squawk Box

Wells Fargo & Company is in the news. Find out how this impacts WFC trading on Ockham Research.

>>> all right. Take a look at the futures. Up 153 points. You can thanks WELLS FARGO for this rally this morning. They took off and said they were looking for profits of 55 correctcents a share for the quarter. That was more than double what the street was expecting. As a result, not only is WELLS FARGO taking off, up by more than $5 this morning, the entire financial sector has seen quite a bit of strength. Slf up by $1.

“… s expecting. As a result, not only is WELLS FARGO taking off, up by more than $5 this morning, the entire financial sector has seen quite a bit of strength. Slf up by $1. …”

Wells Fargo & Company (WFC) Discussed on CNBC’s Squawk Box

Wells Fargo & Company is in the news. Find out how this impacts WFC trading on Ockham Research.

Floor operations at ubs services. Art, it’s going to be a good in the meantime we’ve got to digest the news, namely this WELLS FARGO thing. What does it tell us about the health of the sector, do you think? >> well, that’s what I did to markets interpreting. It’s saying maybe we’re beginning to turn the corner in the financials. Maybe things are getting better.

“… ng. It’s saying maybe we’re beginning to turn the corner in the financials. Maybe things are getting better. …”

UBS AG Ordinary Shares (UBS) Discussed on CNBC’s Squawk Box

UBS AG Ordinary Shares is in the news. Find out how this impacts UBS trading on Ockham Research.

Floor operations at UBS services. Art, it’s going to be a good in the meantime we’ve got to digest the news, namely this wells fargo thing. What does it tell us about the health of the sector, do you think? >> well, that’s what I did to

“… Floor operations at UBS services. Art, it’s going to be a good in the meantime we’ve got to digest the news, namely this wells fargo thing. What does it tell us about the health of the sector, do you think? >> well, that’s what I did to …”

Wells Fargo & Company (WFC) Discussed on CNBC’s Squawk Box

Wells Fargo & Company is in the news. Find out how this impacts WFC trading on Ockham Research.

They’re going to free the banking system up. In a bank your overall borrowing cost at zero and you’re still making some loans, even idiots are going to make money in the banking business right now. WELLS FARGO shows you that you’re going to make with a positively sloped curve a lot of money. The question is — >> do you see signs of these spread starting to get a little thinner and a little less wide,

“… sitively sloped curve a lot of money. The question is — >> do you see signs of these spread starting to get a little thinner and a little less wide, …”

Watson Pharmaceuticals, Inc. (WPI) Discussed on CNBC’s Squawk Box

Watson Pharmaceuticals, Inc. is in the news. Find out how this impacts WPI trading on Ockham Research.

When you look at oil prices, they’ve been hovering around where are they headed next? >> honestly, I think they’re going to stay either side — I think wpi stays either side of $52 for a long period of time. Maybe it gets to $55. Becky, you keep having more and more spread between the nearby and the preferred, which tells

“… re and more spread between the nearby and the preferred, which tells …”

General Electric Company (GE) Discussed on CNBC’s Squawk Box

General Electric Company is in the news. Find out how this impacts GE trading on Ockham Research.

And southern copper and free pont and the like. I got very lucky. It was one of those days when you looked around and said, look, these things are down 9%. That’s when GE was at 8. That’s when so many stocks that were $100 stocks a year and a half ago were suddenly hat-sized numbers, single digit numbers. And I looked around and said what’s the simple thing? I’m a simple guy.

“… e suddenly hat-sized numbers, single digit numbers. And I looked around and said what’s the simple thing? I’m a simple guy. …”