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3XSQ: Obama calls on CEOs; News Corp says 'YES'

Monday, November 19, 2012 - 03:35

Nov 19 - President Barack Obama's intensive lobbying to avert big year-end tax hikes and spending cuts resumed over the weekend when he spoke with JPMorgan's Jamie Dimon and legendary investor Warren Buffett.

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Ahead and move away from the edge of the cliff and turning trash into musical treasure later in the show. -- that's where this Monday from tech players is more what to Warren Buffett Jamie Dimon and Tim Cook haven't come. This CEOs were among those President Obama contacted this weekend -- solutions for addressing the fiscal cliff. The big tax hikes and spending cuts set to go into effect next year. The lobbying also taking place in congress where Democrats and Republicans expressed more confidence they could reach a compromise. The optimism boosting stock futures ahead of Leo right now early trading we've got three green arrows in the Dow NASDAQ S&P five. Cleaning up from super storms sandy that's what many residents are doing but so is -- The home improvement retailer benefiting from strong sales before and after it struck. That along with housing market that is coming back to life. Help the chain report higher than expected quarterly profit and also raised its full year sales forecast. Shares hit at 2012 high -- 3363. Earlier this month. Right now well there are even higher at about 3395. Our power player of the day hitting cleanup it's News -- boss Rupert Murdoch's sources telling Reuters the company is expected to announce plans. To acquire 49% of the yes network. That's the home to the New York Yankees. It would put a three billion dollar valuation on the channel which is also home to the Brooklyn nets. Looks like subscribers may strike out the deal would allowed yes to raise the monthly fees paid by cable operators to carry the channel. Which would most likely get passed on -- made stinks for me I am actually met span. From power players to bloodsuckers and today's daily digit 341. Million. That ranks eighth all time and -- twilight. Rate. Dot. It opens here -- 141. Million just missing the record set by twilight new moon back in 2009 but beating the latest bond -- -- We earned a whopping 600 I'm. -- Record. Franchise. Funds are -- no credit meanwhile celebrated by making a surprise visit to British troops in Afghanistan. And finally you guys sound like a respectable jazz band right. But look closely and their trash here that you might think that trumpet made up all pots buckets and bicycle -- I had no that's right. And the guitar and base used to want to containers. Is minding your music scene from -- Atlanta lack of clients and their way. Calling themselves the recycling ban may affect their money and their talent. By making instruments -- old junk what's new well they experiment with the music they say. That's the latest -- -- -- Monday you can follow us on Twitter at Reuters Insider and again partly due to count at Reuters dot com slash PP. I'm Lisa Bernhard this.

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3XSQ: Obama calls on CEOs; News Corp says 'YES'

Monday, November 19, 2012 - 03:35

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