Marketplace Morning Report for Monday, July 20, 2009

Episode Description 
Marketplace Morning Report for Monday, July 20, 2009

Markets react to CIT bondholder deal

CIT reportedly cut a $3 billion deal with its bondholders to avoid bankruptcy, and markets are responding favorably to the news. Steve Chiotakis gets more from Marketplace's Amy Scott.
Posted In: Investing

Georgia number one in bank failures

Out of 57 national bank failures so far this year, the state of Georgia leads the country with 15. What's causing the trend? Bill Radke talks to Atlanta Journal-Constitution writer Paul Donsky.
Posted In: Investing

The earnings parade marches on

Will the positive earnings reports from the banks continue? Steve Chiotakis talks to Sam Stovall, chief investment strategist at S&P Equity Research in New York.
Posted In: Investing, Wall Street

Swine flu could lower U.K.'s GDP

A report from Ernst & Young says swine flu could lead to a fall in Britain's GDP this year. While mortality rates for the disease are low, tens of thousands of sick employees won't be able to work. Stephen Beard reports.
Posted In: Health

Broke car dealers struggle with credit

Congress could reinstate thousands of car dealerships shut down when GM and Chrysler went broke. But if it did, where would these broke dealers get the money to operate with credit so bad? Alisa Roth reports.
Posted In: Auto

Microsoft losing mobile OS ground

It's been able to spruce up its image a bit with targeted ads, but Microsoft has kept mobile operating systems out of its sights and is losing market share. Analysts predict that trend is likely to continue. Bob Moon reports.
Posted In: Science

Ikea: A cheap alternative to childcare

Ikea's childcare center is seeing an almost 15% increase in drop-offs this year at some of its stores. The retailer is a cheap place to leave the kids for a short while and visitors don't need to shop to use it. Ashley Milne-Tyte reports.
Posted In: Retail

Can you trust positive bank news?

More earnings reports from financial companies come out this week. Has the recent string of positive news been real or are banks just blowing smoke? Steve Chiotakis talks to Fortune Magazine's Allan Sloan.

Starbucks sheds name for new face

Starbucks is backing away from its brand in a few of its Seattle locations to blend in better with its locale. The company is also offering beer, wine and live music. Liz Jones explores what Starbucks hopes to get out of the move.
Posted In: Food, Retail

Report gets to root of TARP spending

A report out today will give finer details of how banks are using TARP money. While the cash helped most of the banks avoid a drop in lending, some invested the cash or used it to pay off debts. Amy Scott reports.

Music from this show

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Falcon Jab
Ratatat
Autumn Walker
Jets To Brazil
Morning Tide
The Little Ones

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