Marketplace Morning Report for Tuesday, May 15, 2012

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Episode Description 
Chipotle Mexican Grill opens a new location every few days, and has seen several quarters of growth while other chains falter. We talk to Steve Ells, CEO, about his company's recipe for success (hint: lots of guac). With shares of Facebook about to go on the market after months of anticipation, how much of a chance does the average shareholder even have of scooping some up? JP Morgan Chase CEO Jamie Dimon will face shareholders at the bank's annual meeting today in Tampa, and Europeans will face the possible shift away from austerity as Francois Hollande is sworn in as president.

How to get an early piece of Facebook's IPO

As Facebook plans to go public next week, this week individual investors are buying E*Trade accounts because of the rumors they may be able to get in early on the public shares of Facebook stock. How easy is that?
Posted In: Facebook, IPO

Francois Hollande sworn in, heads to meet Angela Merkel

Francois Hollande was sworn in today and promptly headed for Berlin to meet German Leader Angela Merkel for the first time. The two power players in European politics have very different ideas about how to tackle the European financial mess.
Posted In: Francois Hollande, Angela Merkel, Europe debt crisis

JPMorgan CEO faces shareholders at annual meeting

Jamie Dimon is facing shareholders at the bank's annual meeting in Tampa. It's a good bet there will be some tough questions about the $2 billion the bank lost on some big bets that turned bad.
Posted In: JPMorgan, Jamie Dimon, shareholders

Customers loyal to discount brands even as economy recovers

We'll know more later this morning with the latest retail sales figures for April. The forecast is for sales to be down after mild weather pushed extra spending into the first three months of the year. But at least one segment of the retail sector has been hanging on to growth.
Posted In: TJ Maxx, Retail, shopping

JPMorgan shareholder meeting today in Tampa

In Tampa, Fla. today, there's a JPMorgan Chase shareholder meeting going on. Not a great time for CEO Jamie Dimon to face shareholders, given the $2 billion trading loss he announced last week.
Posted In: banking, JPMorgan, Jamie Dimon

Where the new Greek election leaves Europe

Prof. Matthias Mattjijs discusses how a new Greek election might affect the eurozone.
Posted In: Greece, Greek debt

New general election on the way in Greece

Political parties in Greece have failed to forge a coalition, meaning a new general election is on the way in Greece. Will the country keep to its budget promises that are a condition of the European bailout?
Posted In: Greece, election, Eurozone

Many Americans view Facebook as a fad

When stocks in the social networking company Facebook finally begin trading on Friday, the company will at that moment be worth a fortune. But that value will only be justified if Facebook makes profits for many years to come; a new poll suggests that about half of Americans think Facebook is a passing fad.
Posted In: Facebook

PODCAST: Chipotle, JPMorgan and Europe -- hits and misses

Chipotle Mexican Grill opens a new location every few days, and has seen several quarters of growth while other chains falter. We talk to Steve Ells, CEO, about his company's recipe for success (hint: lots of guac). With shares of Facebook about to go on the market after months of anticipation, how much of a chance does the average shareholder even have of scooping some up? JPMorgan Chase CEO Jamie Dimon will face shareholders at the bank's annual meeting today in Tampa, and Europeans will face the possible shift away from austerity as Francois Hollande is sworn in as president.

Where we can find 0% unemployment in the U.S.

While the overall unemployment rate in the country exceeds 8 percent, some graduates in the right fields face an almost certain change of a job.
Posted In: Jobs, Education, college, Unemployment

Chipotle CEO on the 'Chipotle economy' and expansion

Steve Ells talks about the Mexican eatery's role in today's food economy, its troubled past in hiring employees and its plans for expansion in the future.
Posted In: Chipotle, Mexican food, Food

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