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Wednesday, November 21, 2007

Today's CNBC MarketWrap

CNBC's Daily Market Wrap
Wednesday, Nov. 21, 2007


Today's top 5 stories on CNBC
1. Oil's Tipping Point: The latest on oil approaching, then retreating from, the century mark , with John Kilduff CNBC Contributor MF Global; Herb Greenberg, MarketWatch & CNBC's Sharon Epperson.
2. Sam's Club CEO: Black Friday: A look at the warehouse retailer's approach to the biggest shopping day of the year, with Douglas McMillon, Sam's Club CEO/president and CNBC's Joe Kernen.
3. Talking Turkey: Advice from the turkey command center, with Carol Miller, Butterball Turkey Talk Line supervisor and CNBC's Joe Kernen.
4. November Consumer Sentiment: U.S. consumer sentiment fell in November to its lowest in two years. CNBC's Steve Liesman has the details.
5. Inside Fannie & Freddie: Insight on the widening mortgage crisis, with James Lockhart, Office of Federal Housing Enterprise Oversight (OFHEO) director and CNBC's Bill Griffeth.
Click here to view all of today's Top stories


CNBC Blogwatch

Mike On America w/Mike Hegedus: More Than Just Talking Turkey For The Holidays

CNBC roving reporter Mike Hegedus blogs on a turkey farmer who raises more than 750,000 turkeys for Thanksgiving and Christmas. How does he do it? Mike has the answer. Click here to view posting.

Tune in to CNBC Friday to watch the market unfold
1. BLACK FRIDAY: It's the official kick-off of the holiday shopping season. While discount-season started earlier than ever this year, retailers still rely on Black Friday in order to get "in the black" during Q4. Margaret Brennan is live from the King of Prussia Mall in King of Prussia, PA with a play-by-play of how successful retailer's promotional strategies were, to see if, despite worries of slower consumer spending, shoppers came out in droves, and what they're buying.
2. CROCS IN THE CITY: Crocs is jumping headfirst into the Black Friday madness as it opens its first East Coast stores: one in Boston and another in New York City. Darren Rovell is live at the New York location to look at how the niche retailer is going vertical.
3. WHY FRIDAY AFTER THANKSGIVING SHOULD BE A HOLIDAY: teve Liesman looks at the great state of American productivity... and whether it's really necessary for Americans to troop into work the day after stuffing themselves with turkey.
4. MARKETING TO A DIFFERENT STUDENT ATHLETE: Darren Rovell profiles the booming business of sponsoring college sports... college intramural sports. For American Collegiate Intramural Sports, it's been a good formula, pairing companies with an ever-changing and spending consumer base.
5. CAN HOLLYWOOD BOUNCE BACK? Though this year's box office is still running ahead of previous years, there has been disappointment after disappointment. Even huge stars with huge budgets have had a rough time. This fall, studios are likely to change strategies with a move away from big budget Oscar fare and towards genre movies including horror flicks. What does it mean and what companies stand to profit? Julia Boorstin reports.
 
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