Sometimes it seems Wall Street is never satisfied. U.S. factories boosted their output in January, and December’s numbers were revised to reflect the best month of industrial growth since before the big meltdown. Problem is, those numbers still came in below expectations. But the bottom line is still moving in the right direction. We talk to Harvard’s Willy Shih; he says auto sales played a big role in the uptick in output. And the Daily Pulse is up on news that breakfast cereal giant Kellogg announced its purchase of the Pringles for a top-popping $2.695 billion.
Sometimes it seems Wall Street is never satisfied. U.S. factories boosted their output in January, and December’s numbers were revised to reflect the best month of industrial growth since before the big meltdown. Problem is, those numbers still came in below expectations. But the bottom line is still moving in the right direction. We talk to Harvard’s Willy Shih; he says auto sales played a big role in the uptick in output. And the Daily Pulse is up on news that breakfast cereal giant Kellogg announced its purchase of the Pringles for a top-popping $2.695 billion.
