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U.S. Morning Call:Dell committee, buyout group close to deal

Friday, August 02, 2013 - 03:09

Aug 2 - The strength of the U.S. jobs report will steer the Fed's direction on whether to maintain or taper its bond buying program in the coming months.

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Today's job -- keep the stock rally alive that the top of your Friday morning call. Stock futures signaling a higher open after the Dow and S&P it's hard to new highs yesterday. -- to -- closed over 17100. For the first time notching its 24 record so far this year. Index has risen a percent to more on the day of the last three jobs reports. Today's nonfarm payrolls report is expected to match the average monthly gain clocks and 2011. Economists polled by Reuters see a slight downward shift from the pace in -- But they also think it's enough to get unemployment rate to near four year low at seven point 5%. Which could raise expectations for the -- to support. At 830 last Saint Louis fed president James -- about those expectations in an interview from Boston. And they would insider at ten name means Bob dobbs joins us with his reaction to the jobs number and what it means for your investments. Delta shareholders meet for the third time today to vote on Michael -- buy out deal. Could be -- charm for the CEO. Telling Reuters just minutes ago that shareholders will now vote on Michael Dell's revised offer. Up thirteen 75 share. With the special committee agreed to take his terms that as abstentions. Be excluded from the vote and not be counted as no votes. And in a last ditch effort Carl Icahn sued Dell and it's sport yesterday to try and stop the deal. He had asked the court to block that rule change. Shares jumping almost 4% in the premarket. A bunch of stocks to watch today starting with link and posting a 59%. Rise in revenue for the second water. After membership grew faster pay for the first time since late 2011. The site now has 238. Million users shares popping a half percent in the premarket. AIG you will start paying eight common stock and again the first time since the financial crisis a clear sign of the -- turnaround. There shares there up slightly in the premarket. Hewlett-Packard has reportedly been collaborating with Taiwan based supply chain makers to develop Smartphones. Which will be launched the second half and 2013 at the earliest according to -- it eight times. Shares up in the premarket. HP's the top Gainer on the now. Viacom reports third quarter results a little later revenues are expected to have jumped 10% on more advertising dollars. Shares -- up over 30% of -- this year. That's your Friday morning call remembered follow us on Twitter at let it inside her and get -- media -- later. Slash. -- --

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U.S. Morning Call:Dell committee, buyout group close to deal

Friday, August 02, 2013 - 03:09