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Monday, November 19, 2007

Today's CNBC MarketWrap

CNBC's Daily Market Wrap
Monday, Nov 19, 2007


Today's top 5 stories on CNBC
1. Citi Cut to Sell: Insight on Citigroup's downgrade, with Vince Farrell, Scotsman Capital Management managing director & CNBC's Mary Thompson.
2. HP Earnings: A look at HP's earnings and guidance, which beat estimates and disappointed investors, respectively, with CNBC's Darby Dunn and Rob Enderlee, president of the Enderlee Group.
3. Private Equity: Discussing whether smart money has turned dumb, with Andrew Ross Sorkin, The New York Times; Dan Primack, Pehub.com and CNBC's Carl Quintanilla.
4. Time To Buy Retailers? A number of retail stocks are in the bargain bin, with Mitchell Kaiser, Piper Jaffray retail analyst and CNBC's Trish Regan.
5. Dubai Investor Eyeing U.S.: Opportunities Mohamed Ali Rashed Alabbar, chairman of Emaar, tells CNBC's Erin Burnett he likes U.S. homebuilders.
Click here to view all of today's Top stories


CNBC Blogwatch

Sports Biz w/Darren Rovell: Warren Buffet And A-Rod: Oh, The Irony Of It All

CNBC reporter Darren Rovell blogs on billionaire Warren Buffet and why Buffett is wrong about not owning a major league professional sports team. Darren takes on the Oracle of Omaha. Click here to view posting.

Tune in to CNBC tomorrow to watch the market unfold
1. Fed Minutes: The Federal Reserve issues minutes from their October meeting, at which they cut rates by a quarter-point. The Fed will also release the first of its expanded economic forecasts. Steve Liesman provides instant analysis when the minutes and forecasts are released at 2:00p ET.
2. Retail Earnings: With Target and Saks reporting before the bell and Limited after the market close, it's another big day of retail earnings ahead of the all-important Black Friday. Margaret Brennan reports the numbers and looks for any clues to holiday spending trends.
3. The Holiday DVD War: The holiday season is huge for DVD sales, and Black Friday is a crucial. This year, media companies are anxiously waiting to see who will win the Blu-Ray vs. HD-DVD battle. Holiday disc sales are the crucial tipping point. Julia Boorstin analyzes who's winning, who's losing, and what's at stake this holiday season.
4. The Oprah Effect: On her show Tuesday, Oprah Winfrey will unveil her 2007 Favorite Things list. Bertha Coombs looks at what the megastar has tapped this winter... and whether those products will benefit their producers' bottom line.
5. Regional Air Travel Boom: In an industry riddled with inefficiencies and major airline bottlenecks at big airports, it's no wonder that regional airlines and small airports are booming. Phil looks at the trend.
 
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