|
CNBC'S MOST SHARED
- Unemployed? Bored? Make Money Playing Beer Pong
- WPP's Sir Martin Sorrell on the Ad Recession
- Social Networking's 'Naked' Truth
- Merrill's McCann Seen as UBS Wealth Frontrunner
- Geek Squad V. Gizmodo
- Why You Should Watch Fund Flows
- Warren Buffett's Top Three Investment Rules for the Average American
- Roginsky: No More Mr. Nice Guy
- Warren Buffett Tells CNBC Consumer Sales Remain "Very, Very Soft"
- Lender CIT Group Hires Premier Bankruptcy Adviser
- Government Selling Bank Stakes for Too Cheap: Panel
- Buffett's Top 3 Investment Rules for Average Americans
- Market Insider: Earnings Loom in the Week Ahead
- Bulls Get Summertime Blues, But It's Hot Fun for Bears
- As Banks Fail, Strong Institutions Become More Visible
- GM IPO in Second Quarter 2010 at the Earliest: CFO

- Merrill's McCann Seen as UBS Wealth Frontrunner
- It's Not the Wealthy Who Are Leaving California: Study
- Eric Schmidt on Government Scrutiny and Economic Recovery
- Market 360: The Week's Best & Worst
- Geek Squad V. Gizmodo
- Brandt: Google Chrome OS in the Post-PC Age
- Other People Are Weirder Than We Are
- Bank Failures: Is The Nightmare Over? (Video)
- California Here I Go? No.
- Roginsky: No More Mr. Nice Guy
- Commercial Conundrum
Former and current CEOs across various industries discussed the economy, energy prices, the state of the airline industry and more on CNBC this morning. Here's what they had to say:
Relying on American Natural Gas
“We have decades and decades of…gas reserves that are there…we know we have extendibility to that and that we can rely on this fuel to start to move our transportation network away from expensive, imported oil to an American-produced product called natural gas.”
Aubrey McClendon, Chesapeake Energy [CHK
Loading...
()
] CEO
Airlines & Fuel Costs
“I tend to think we’re going to see a drop in oil continuing. I believe oil will be down around $90 a barrel or lower after the first of the year, and you look at all the changes the airlines have made to deal with a need for more revenue coming in and plus cutting capacity, so that’s a good combination going forward looking to 2009.”
Ron Allen, Former Delta Air Lines [DAL
Loading...
()
] CEO
(Contd.)
__________________________________
Buy, Sell, Hold?
__________________________________
Coca-Cola’s Olympic Sponsorship
“We know it is a long-term branding opportunity. It is not something that gives you a major uptick in sales. You get an uptick in sales, but it’s long-term branding, and now we’re in China, and China…is clearly on the move. It is now our fourth largest market in the world already, and we’re using this to connect not just with the world and all the people that are interested in the great spectacle of the Olympics, but really with the Chinese people.”
Neville Isdell, Coca-Cola [KO
Loading...
()
] Chairman
State of the Airlines
"I think the things that are in place now need to stay in place. I do think that oil is an extraordinarily big leverage on the airline's bottom line, and if oil prices do come down, obviously airline earnings are going to go up. The recent move from $147 down to $120 is obviously a help, but oil needs to come down a little bit more, and I think airlines will perform very well in that regard, if that happens."
Douglas Steenland, Northwest Airlines [NWA
Loading...
()
] CEO
Karmazin on Sirius-XM Merger
"If you just take a look at the trailing 12 months revenue of the combined company, we have $2.2 billion...That's probably a number greater than most people think about when they think about satellite radio. That makes us the second largest radio company in the United States. Only Clear Channel [CCU
Loading...
()
] will have higher revenue, and their growth -- there is no growth -- we're growing dramatically."
Mel Karmazin, Sirius XM Radio [CCU
Loading...
()
] CEO








