Financial News from Closing Bell from 10/5/2009

MGM Mirage, Incorporated (MGM) Discussed on CNBC’s Closing Bell

MGM Mirage, Incorporated is in the news. Find out how this impacts MGM trading on Ockham Research.

9,600 at its best today. Nasdaq up 20 points, about 1% as and the s&p 500 ticking up 1 1/2%. Have a great night. I’ll see you tomorrow. "fast money’s" up next. Thanks for being with us. Good night. >> announcer: this is cnbc.Com "news now." >>> MGM mirage slashing the price of condos by 30% at city center, its las vegas megaproject. Existing buyers will get the price break at closing. >>> citigroup shifting its financial advisers from a commission-based system to a fee-only model. >>> and white house spokesman robinson gibbs says the president has no plans for a second economic stimulus that’s cnbc.Com "news now."

“… slashing the price of condos by 30% at city center, its las vegas megaproject. Existing buyers will get the price break at closing. >>> citigroup shifting its financial advisers from a commission-based system to a fee-only model. >>> and white house spokesman robinson gibbs says the president has no plans for a second economic stimulus that’s cnbc.Com “news now.” …”

CME Group, Incorporated (CME) Discussed on CNBC’s Closing Bell

CME Group, Incorporated is in the news. Find out how this impacts CME trading on Ockham Research.

Pepsi bottling group before the they’re of course being acquired by the mothership, pepsi. And after the close we’ll hear from yum brands international. We’ll see how the weak dollar has affected their sales as well as their foreign growth. >> rick santelli on the floor of the CME GROUP. Tune in tomorrow, 1:00 eastern for 39 billion three-year notes to be auctioned, and it will be particularly interesting considering that for fiscal 2010 starting october 1st the government’s going to issue less t bills. Might make the two to & three-year note auction az little messier. Tune in tomorrow 1:00 eastern. >>> and tonight a special program on innovation. I’m hosting a special primetime series, "the business of the innovation series explores the changing dynamics of cities in the fafs unprecedented global urbanization. And I ask the premier of the western cape of south africa and former mayor of capetown about the challenges of urban safety. >> you turned a blighted area into a thriving city. What was your strategy? >> well, I certainly didn’t do it alone, maria. It was a team effort. It was a result of partnerships across many sectors. And it was also a result of but what we did was weigh partnered with the business community, with the local

“… li on the floor of the CME GROUP. Tune in tomorrow, 1:00 eastern for 39 billion three-year notes to be auctioned, and it will be particularly interesting considering that for fiscal 2010 starting october 1st the government’s going to issue less t bills. Might make the two to & three-year note auction az little messier. Tune in tomorrow 1:00 eastern. >>> and tonight a special program on innovation. I’m hosting a special primetime series, “the business of the innovation series explores the changing dynamics of cities in the fafs unprecedented global urbanization. And I ask the premier of the western cape of south africa and former mayor of capetown about the challenges of urban safety. >> you turned a blighted area into a thriving city. What was your strategy? >> well, I certainly didn’t do it alone, maria. It was a team effort. It was a result of partnerships across many sectors. And it was also a result of but what we did was weigh partnered with the business community, with the local …”

Yum! Brands, Incorporated (YUM) Discussed on CNBC’s Closing Bell

Yum! Brands, Incorporated is in the news. Find out how this impacts YUM trading on Ockham Research.

>>> here’s what to watch for >> i’m matt nesto. We have a little earnings central action tomorrow. Pepsi bottling group before the they’re of course being acquired by the mothership, pepsi. And after the close we’ll hear from YUM BRANDS international. We’ll see how the weak dollar has affected their sales as well as their foreign growth. >> rick santelli on the floor of the cme group. Tune in tomorrow, 1:00 eastern for 39 billion three-year notes to be auctioned, and it will be particularly interesting considering that for fiscal 2010 starting october 1st the government’s going to issue less t bills. Might make the two to & three-year note auction az little messier. Tune in tomorrow 1:00 eastern. >>> and tonight a special program on innovation. I’m hosting a special primetime series, "the business of the innovation series explores the changing dynamics of cities in the fafs unprecedented global urbanization. And I ask the premier of the western cape of south africa and former mayor of capetown about the challenges of urban safety. >> you turned a blighted area into a thriving city. What was your strategy? >> well, I certainly didn’t do it alone, maria. It was a team effort. It was a result of partnerships across many sectors.

“… ll see how the weak dollar has affected their sales as well as their foreign growth. >> rick santelli on the floor of the cme group. Tune in tomorrow, 1:00 eastern for 39 billion three-year notes to be auctioned, and it will be particularly interesting considering that for fiscal 2010 starting october 1st the government’s going to issue less t bills. Might make the two to & three-year note auction az little messier. Tune in tomorrow 1:00 eastern. >>> and tonight a special program on innovation. I’m hosting a special primetime series, “the business of the innovation series explores the changing dynamics of cities in the fafs unprecedented global urbanization. And I ask the premier of the western cape of south africa and former mayor of capetown about the challenges of urban safety. >> you turned a blighted area into a thriving city. What was your strategy? >> well, I certainly didn’t do it alone, maria. It was a team effort. It was a result of partnerships across many sectors. …”

PepsiCo, Incorporated (PEP) Discussed on CNBC’s Closing Bell

PepsiCo, Incorporated is in the news. Find out how this impacts PEP trading on Ockham Research.

>>> here’s what to watch for >> i’m matt nesto. We have a little earnings central action tomorrow. PEPSI bottling group before the they’re of course being acquired by the mothership, PEPSI. And after the close we’ll hear from yum brands international. We’ll see how the weak dollar has affected their sales as well as their foreign growth. >> rick santelli on the floor of the cme group. Tune in tomorrow, 1:00 eastern for 39 billion three-year notes to be auctioned, and it will be particularly interesting considering that for fiscal 2010 starting october 1st the government’s going to issue less t bills. Might make the two to & three-year note auction az little messier. Tune in tomorrow 1:00 eastern. >>> and tonight a special program on innovation. I’m hosting a special primetime series, "the business of the innovation series explores the changing dynamics of cities in the fafs unprecedented global urbanization. And I ask the premier of the western cape of south africa and former mayor of capetown about the challenges of urban safety. >> you turned a blighted area into a thriving city. What was your strategy? >> well, I certainly didn’t do it alone, maria. It was a team effort.

“… ll see how the weak dollar has affected their sales as well as their foreign growth. >> rick santelli on the floor of the cme group. Tune in tomorrow, 1:00 eastern for 39 billion three-year notes to be auctioned, and it will be particularly interesting considering that for fiscal 2010 starting october 1st the government’s going to issue less t bills. Might make the two to & three-year note auction az little messier. Tune in tomorrow 1:00 eastern. >>> and tonight a special program on innovation. I’m hosting a special primetime series, “the business of the innovation series explores the changing dynamics of cities in the fafs unprecedented global urbanization. And I ask the premier of the western cape of south africa and former mayor of capetown about the challenges of urban safety. >> you turned a blighted area into a thriving city. What was your strategy? >> well, I certainly didn’t do it alone, maria. It was a team effort. …”

Pepsi Bottling Group Inc (PBG) Discussed on CNBC’s Closing Bell

Pepsi Bottling Group Inc is in the news. Find out how this impacts PBG trading on Ockham Research.

>>> here’s what to watch for >> i’m matt nesto. We have a little earnings central action tomorrow. PEPSI BOTTLING group before the they’re of course being acquired by the mothership, pepsi. And after the close we’ll hear from yum brands international. We’ll see how the weak dollar has affected their sales as well as their foreign growth. >> rick santelli on the floor of the cme group. Tune in tomorrow, 1:00 eastern for 39 billion three-year notes to be auctioned, and it will be particularly interesting considering that for fiscal 2010 starting october 1st the government’s going to issue less t bills. Might make the two to & three-year note auction az little messier. Tune in tomorrow 1:00 eastern. >>> and tonight a special program on innovation. I’m hosting a special primetime series, "the business of the innovation series explores the changing dynamics of cities in the fafs unprecedented global urbanization. And I ask the premier of the western cape of south africa and former mayor of capetown about the challenges of urban safety. >> you turned a blighted area into a thriving city. What was your strategy? >> well, I certainly didn’t do

“… ll see how the weak dollar has affected their sales as well as their foreign growth. >> rick santelli on the floor of the cme group. Tune in tomorrow, 1:00 eastern for 39 billion three-year notes to be auctioned, and it will be particularly interesting considering that for fiscal 2010 starting october 1st the government’s going to issue less t bills. Might make the two to & three-year note auction az little messier. Tune in tomorrow 1:00 eastern. >>> and tonight a special program on innovation. I’m hosting a special primetime series, “the business of the innovation series explores the changing dynamics of cities in the fafs unprecedented global urbanization. And I ask the premier of the western cape of south africa and former mayor of capetown about the challenges of urban safety. >> you turned a blighted area into a thriving city. What was your strategy? >> well, I certainly didn’t do …”

NYSE Euronext, Incorporated (NYX) Discussed on CNBC’s Closing Bell

NYSE Euronext, Incorporated is in the news. Find out how this impacts NYX trading on Ockham Research.

The possibilities and the ways you can reach people are extraordinarily our partnership has the new york stock exchange is where people look for companies held in high NYSE EURONEXT powering the exchanging world >>> here’s what to watch for >> i’m matt nesto. We have a little earnings central action tomorrow. Pepsi bottling group before the they’re of course being acquired by the mothership, pepsi. And after the close we’ll hear from yum brands international. We’ll see how the weak dollar has affected their sales as well as their foreign growth. >> rick santelli on the floor of the cme group. Tune in tomorrow, 1:00 eastern for 39 billion three-year notes to be auctioned, and it will be particularly interesting considering that for fiscal 2010 starting october 1st the government’s going to issue less

“… sto. We have a little earnings central action tomorrow. Pepsi bottling group before the they’re of course being acquired by the mothership, pepsi. And after the close we’ll hear from yum brands international. We’ll see how the weak dollar has affected their sales as well as their foreign growth. >> rick santelli on the floor of the cme group. Tune in tomorrow, 1:00 eastern for 39 billion three-year notes to be auctioned, and it will be particularly interesting considering that for fiscal 2010 starting october 1st the government’s going to issue less …”

Microsoft Corporation (MSFT) Discussed on CNBC’s Closing Bell

Microsoft Corporation is in the news. Find out how this impacts MSFT trading on Ockham Research.

As you have new product news. And so we feel with a great lineup we have, we have the drum beat of new news. >> some critics will say nintendo has not really brought anything to the level of the innovation since you first came out with the wii. Of course, you’ve got sony and MICROSOFT nipping at your heels in terms of quality and inoh innovation innovation? >> two cameras, downloadable content, a great way to experience a hand-held console. So we are continuing to try to innovate and bring great new experiences. >> what’s your biggest customer globally speaking? >> I would say walmart. On a retail basis, certainly from my region, which is canada, u.S., latin america, walmart is my biggest customer. >> when you look around the world, what can you tell as far as spending patterns in terms of consumers right now? >> it’s similar to what we see in the u.S. Consumers are very hesitant to when they are spending, they’re doing it thoughtfully and to get a lot for their well-earned money. That’s why as consumer products manufacturers, we have to step up and keep delivering great >> are you going to have enough in the stores? Some people also worry that they’re going to go out to buy it, and it’s not going to be there because the replenishment

“… you’ve got sony and MICROSOFT nipping at your heels in terms of quality and inoh innovation innovation? >> two cameras, downloadable content, a great way to experience a hand-held console. So we are continuing to try to innovate and bring great new experiences. >> what’s your biggest customer globally speaking? >> I would say walmart. On a retail basis, certainly from my region, which is canada, u.S., latin america, walmart is my biggest customer. >> when you look around the world, what can you tell as far as spending patterns in terms of consumers right now? >> it’s similar to what we see in the u.S. Consumers are very hesitant to when they are spending, they’re doing it thoughtfully and to get a lot for their well-earned money. That’s why as consumer products manufacturers, we have to step up and keep delivering great >> are you going to have enough in the stores? Some people also worry that they’re going to go out to buy it, and it’s not going to be there because the replenishment …”

Sony Corporation (SNE) Discussed on CNBC’s Closing Bell

Sony Corporation is in the news. Find out how this impacts SNE trading on Ockham Research.

As you have new product news. And so we feel with a great lineup we have, we have the drum beat of new news. >> some critics will say nintendo has not really brought anything to the level of the innovation since you first came out with the wii. Of course, you’ve got SONY and microsoft nipping at your heels in terms of quality and inoh innovation innovation? >> two cameras, downloadable content, a great way to experience a hand-held console. So we are continuing to try to innovate and bring great new experiences. >> what’s your biggest customer globally speaking? >> I would say walmart. On a retail basis, certainly from my region, which is canada, u.S., latin america, walmart is my biggest customer. >> when you look around the world, what can you tell as far as spending patterns in terms of consumers right now? >> it’s similar to what we see in the u.S. Consumers are very hesitant to when they are spending, they’re doing it thoughtfully and to get a lot for their well-earned money. That’s why as consumer products manufacturers, we have to step up and keep delivering great >> are you going to have enough in the stores? Some people also worry that they’re going to go out to buy it, and it’s not going to be

“… you’ve got SONY and microsoft nipping at your heels in terms of quality and inoh innovation innovation? >> two cameras, downloadable content, a great way to experience a hand-held console. So we are continuing to try to innovate and bring great new experiences. >> what’s your biggest customer globally speaking? >> I would say walmart. On a retail basis, certainly from my region, which is canada, u.S., latin america, walmart is my biggest customer. >> when you look around the world, what can you tell as far as spending patterns in terms of consumers right now? >> it’s similar to what we see in the u.S. Consumers are very hesitant to when they are spending, they’re doing it thoughtfully and to get a lot for their well-earned money. That’s why as consumer products manufacturers, we have to step up and keep delivering great >> are you going to have enough in the stores? Some people also worry that they’re going to go out to buy it, and it’s not going to be …”

MGM Mirage, Incorporated (MGM) Discussed on CNBC’s Closing Bell

MGM Mirage, Incorporated is in the news. Find out how this impacts MGM trading on Ockham Research.

Prices at the project by 30%. According to "wall street a ceo had told me last month they would be lowering prices because people put down deposits during the height of the boom. Prices on vegas condos have plummeted by 50% to 70%. According to the journal, MGM is only lowering it 30% because it’s not like other projects. We’re still waiting to find out if jim is going to come through the on another part of the promise that they will try to offer some sort of financing to the people buying condos, that closing the deals may be difficult in the las vegas market right now. The mirage is lowering the price on the condos 30%. >> we’ll keep watching that thanks very much, jane. >>> nintendo looking to put the fun in fitness once again. The president of nintendo of america talking about the new wii fit plus game. How it could boost the company’s sales. And his take on the upcoming holiday shopping season as we continue on "closing bell."

“… l, MGM is only lowering it 30% because it’s not like other projects. We’re still waiting to find out if jim is going to come through the on another part of the promise that they will try to offer some sort of financing to the people buying condos, that closing the deals may be difficult in the las vegas market right now. The mirage is lowering the price on the condos 30%. >> we’ll keep watching that thanks very much, jane. >>> nintendo looking to put the fun in fitness once again. The president of nintendo of america talking about the new wii fit plus game. How it could boost the company’s sales. And his take on the upcoming holiday shopping season as we continue on “closing bell.” …”

Citigroup, Incorporated (C) Discussed on CNBC’s Closing Bell

Citigroup, Incorporated is in the news. Find out how this impacts C trading on Ockham Research.

Government ownership of the banking sector? As you probably saw over the weekend, prince aloueed in saudi arabia urging officials to sell CITIGROUP. He said it’s hindering the performance of bank stocks. Do you agree with that in terms of the banking sector being really subject to more oversight given the government’s do you think that government should be looking to exit at some point soon? Government oeng the banking sector? >> I think the financial institutions is a public clearly in addition to the deposits. Concept actually, whether a private bank or local bank, it’s a financial institution. Concept actually the global imbalance was visible. The financial institutions are supported by the central banks. And capital guarantee, or again, when it comes to customer deposit protection, now we have

“… or being really subject to more oversight given the government’s do you think that government should be looking to exit at some point soon? Government oeng the banking sector? >> I think the financial institutions is a public clearly in addition to the deposits. Concept actually, whether a private bank or local bank, it’s a financial institution. Concept actually the global imbalance was visible. The financial institutions are supported by the central banks. And capital guarantee, or again, when it comes to customer deposit protection, now we have …”