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Source: Thomson Reuters
Description: A jump in IBM shares helps push blue chips to a
lifetime high; JPMorgan's record $13billion
settlement may be at risk; LinkedIn hooks in more
subscribers; Retail sales, consumer confidence
fall.
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Transcript (May be auto-generated)
The Dow closed -- that a lifetime time with the Federal Reserve expected to keep keep money flowing when the two day meeting concludes on Wednesday. Yes and keep up but it also settled another record that that was well despite a free blitzer in the software that rapidly the numbers. JPMorgan -- thirteen billion dollar settlement facing hard time becoming reality. A person familiar with talks that the bank wants to post some mortgage related liabilities acquired during the financial crisis. When it purchased
Washington Mutual onto the federal deposit insurance -- Department of Justice if the polls today to the GPM turned. Higher in the very last minute of the day. IBM was a major boost -- doubt the technology giant has given the green light for another fifteen billion dollars in share buybacks. Stock repurchase program to more than twenty billion dollars to -- the IBM climbed roughly two point 7% on the day. After the bell earnings season continues with -- Professional social network -- it must -- used -- based
250. Million sales were better than expected but they may not be enough to justify. A 150%. Share price -- so far this year. Take two interactive is riding high -- Grand Theft Auto five. The blockbuster title led to a 341%. Revenue surge which topped forecasts profits were also ahead of analysts' targets. There was a heavy flow of economic. Digest retail sales dipped last month along with demand for autos. But there was optimism in one measure of the government report which showed -- revised and consumer
spending. That was last month. This month could be problematic. Consumer confidence tumbling to a six month low according to a survey by the conference board. One thing that could support the consumer going forward higher home prices. According to BS and with the strongest in more than seven years meanwhile producer prices remained tame in September. A European action stocks finished higher with earnings giving investors a reason to --
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