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Wednesday, October 10, 2007

Today's CNBC MarketWrap

CNBC's Daily Market Wrap
Today's top 5 stories on CNBC
1. SAC Capital Harrassment Suit: An update on the SAC sexual harassment suit, which seems to be more out of a Hollywood movie, with CNBC's Charlie Gasparino.
2. Help for Homeowners: Treasury Secretary Hank Paulson announces a new alliance to help homeowners to keep their homes.
3. UAW Strikes at Key Plants: UAW strikes Chrysler at key plants, and CNBC's Phil LeBeau has an update.
4. Breakfast at Tiffany's: The outlook for the high-end retailer, with Michael Kowalski, Tiffany & Co. chairman/CEO, and CNBC's Erin Burnett.
5. Drug Takes on Alcoholism: A flurry of developments in the pharma market, including a new drug that takes on alcoholism, with CNBC's Mike Huckman.
Click here to view all of today's Top stories


CNBC Blogwatch

Sports Biz w/Darren Rovell: The Yes Man

Should we believe that the New York Yankees stands to lose fifty million dollars annually without free agent Alex Rodriguez? CNBC sports business reporter Darren Rovell goes up against "superagent" Scott Boras today as they break down the math in "Sports Biz." Click here to view posting.

Tune in to CNBC tomorrow to watch the market unfold
1. The New Chrysler: With a strike in full swing in Detroit and around the country, Chrysler execs are in Las Vegas selling their turnaround plan to Chrysler dealers. Phil LeBeau will have exclusive TV interviews with Jim Press, Deborah Meyer, and Steve Landry, three of Chryslers top execs. Phil looks at the prospects for Chrysler going forward.
2. Chain-Store Sales: One of the most watched retail results of the year: September same store sales results are the key data point that will set the tone for what to expect this holiday season. Expectations are for weak results with bright spots among exception teen apparel retailers. What's the verdict on this holiday? Margaret Brennan reports.
3. Government Hiking the Price of Oil? Steve Liesman takes a look at the Strategic Petroleum Reserve. Does the U.S. really need to be filling it with $80-a-barrel oil? Is the government hiking the price of oil and gas in the process?
4. Farm Report: Jane Wells digs up the wine industry's dirty little secret: there's a whole lot more in that bottle than fermented grape juice. And now Congress is trying to force the industry to put everything on the label: chicken, fish, eggs, oak chips, sugar, water...
5. Michelle Wie Turns 18: On Thursday, Michelle Wie turns 18. At that age, the popular view was that she'd be a dominant force... maybe not just on the LPGA, but on the men's tour too. Not so fast. By pretty much any standard, the hyped Wie has been a total flop. Darren Rovell looks at the major companies asking questions about their sponsorship deals?
 
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