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Tuesday, October 9, 2007

Today's CNBC MarketWrap

CNBC's Daily Market Wrap
Today's top 5 stories on CNBC
1. NBC Universal Acquires Oxygen: NBC Universal is buying TV network Oxygen for approximately $875M. Jeff Zucker, president & CEO of NBC Universal, and Geraldine Laybourne, chmn. & CEO of Oxygen Media, discuss the acquisition with CNBC's Erin Burnett.
2. Fed Minutes Analysis: The newly released Fed minutes reveal the Fed's surprising unanimity and more. CNBC's Steve Liesman and Robert Brusca, Fact and Opinion Economics chief economist, share their insight.
3. Where to Invest Now: A look at where to invest in today's market, with Hugh Johnson, Johnson Illington Advisors chairman & CIO, and CNBC's Melissa Francis & Trish Regan.
4. Hottest ETFs of '07: A look at which ETFs are worth the hype, with Sonya Morris, editor of Morningstar's ETF Investor, and CNBC's Sue Herera.
5. Michigan's Realty Check: The details on Michigan's foreclosure rate, with CNBC's Diana Olick.
Click here to view all of today's Top stories


CNBC Blogwatch

Political Capital w/John Harwood: GOP Presidential Debate--The LIVE Blog

Catch all of the campaign promises, heated arguments and crowd-pleasing rhetoric from the GOP Presidential Debate in Michigan. CNBC.com's Senior Blog Editor Mark Koba is on location in Dearborn and blogging live. Click here to view posting.

Tune in to CNBC tomorrow to watch the market unfold
1. Debate Aftermath/What Wall Street Thinks: John Harwood wraps the best moments, the winners and the losers from CNBC's Republican debate. What did Wall Street think about the candidates? Where do the campaigns go from here?
2. Fed Minutes Outrage: Steve Liesman dissects the minutes of the last Federal Reserve meeting. Fed watchers are outraged by the seeming lack of insight in the minutes, that don't appear to reflect the actual dialogue during the vital September meeting. Is Bernanke's Fed as transparent as he says?
3. Luxury Retail Immune to the Slowdown? The sure bet in this market has been on high-end retail names like Coach, Tiffany, and LVMH but will luxury companies sales get tarnished this season with Wall Street's bonuses and jobs at risk? Ernst & Young revised its luxury sector annual growth projections from 8% to 5%...and Wall Street bankers can expect their bonuses to be slashed by as much as 40% versus last year (according to Options Group.) But do wealthy Americans still matter to the bottom lines of these global companies who are benefiting from a weak dollar and a hunger for luxury products in China and India?
4. What's Hot Like Now: Retail is a fickle sector to invest around right now. To find out answers we went shopping with dozens of the most fickle consumers: teens. CNBC has the exclusive results of the market moving Piper Jaffray Teen Retail Survey. We'll tell you what's selling, what's hot and where teens are shopping right now ahead of the holiday. Margaret Brennan reports.
5. Chrysler Deadline: With Chrysler executives like Jim Press and Bob Nardelli in Las Vegas to tell car dealers their plans revive the automaker, Phil LeBeau reports on the latest in the company's negotiations with the UAW.
 
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