This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

[video] Inflation Drops in Europe, UK

The video that this transcript is based on appeared on Nov 12.

NEW YORK ( TheStreet) -- Inflation drops more than expected in the United Kingdom, and the OECD reports optimism on eurozone growth.


Stock futures are slightly lower. Good morning I'm Joe Deaux reporting from wall street on this Tuesday November the twelfth. US stock futures were pointing to a lower opening after Dallas Federal Reserve President Richard Fisher on CNBC reminded market participants that the central bank's economic stimulus program can't go on forever.

In news abroad the United Kingdom's Office for National Statistics said inflation fell 2.2 percent in October

the consumer price index measure missed expectations have 2.5 percent. The drop comes a week after the European Central Bank announced a cut to its benchmark interest rate as European bankers feel fear I've lurking inflation on the continent. For our earnings roundup: this morning returned to Nicole Urkin in the newsroom good morning Nicole good morning Nicole.

Rackspace looks like a deceleration revenue on the cloud what what's going on?

Must Read: [video] Macy's, Kohl's Shares Surge Despite Stagnant Revenue

Yeah at Rackspace is a cloud play that has not posted strong performance this year down actually about 30 percent.

On the other hand another cloud play that Jim Cramer has been in favor out is symbol (CRM) , but Rackspace (RAX) is down pretty sharply this morning on disappointing cloud results. They had a deceleration in there dedicated cloud platform and the stock is off morning in tandem is a high multiple stock name despite its lackluster performance or thing that this morning.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 -1.15%
FB $117.58 0.73%
GOOG $693.01 0.29%
TSLA $240.76 -2.81%
YHOO $36.60 0.03%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs