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June 21, 2024
My producers will once again try to stump me with tonights mystery guest. All of that and more. First, let us get headlines from my radio cohost carol massar. Netflix out with its earnings after the close. The Worlds Largest Online Subscription Service had its net income more than doubled. The stock is slightly higher in the afterhours trade. In the meantime texas , instruments forecasting thirdquarter profits that may top estimates. The company is seeing demands in machinery and consumer electr...
June 21, 2024
In the middle east, radical terrorists are on the march. They are beheading americans. And crucifying christians. President obama admits he underestimated them. We need a senator to hold the president accountable and make america safe. Isis is on the march not being pushed back. There are times when there are setbacks but how much of a chance is there for surprise . The impact on the elections could be quite a surprise in the sense it looks like the campaign is not having a dramatic effect and t...
June 21, 2024
The terrorist group as planted its firmly in itself firmly in the elections. In the middle east, radical terrorists are on the march. They are beheading americans. And crucifying christians. President obama admits he underestimated them. We need a senator to hold the president accountable and make america safe. Isis is on the march not being pushed back. There are times when there are setbacks but how much of a chance is there for surprise . The impact on the elections could be quite a surprise ...
June 21, 2024
You are watching Market Makers on bloomberg television. I am Erik Schatzker. Ceo day. Brooks brothers is kind of an old dog. Here is the key. I took my dad shopping at Brooks Brothers a couple of months ago. Really . The new dockers. Kind of. I hope it is better than that. Lets take you to the top Global Business stories. The price of oil took another dive. This time, west texas intermediate felt 4 . Hello 45 before rebounding slightly. There may be pressure on prices tomorrow. A government repo...
June 21, 2024
Things happening . And then i real off the positives even though the averages are spending most of the time in the red lately. Unlike today the dow dropped 100 points. S p declined 0. 63 . Nasdaq fell 0. 4 . Give it a try beginning with pet smart. Why on earth is someone paying 8. 3 billion to buy a pet store chain for 83 per share, the biggest leverage buyout of the year. 28 bucks above where the stock was seven months ago. Its not like its an amazing company. This chain is problematic. In natu...
June 21, 2024
Being prepared for on the sunny island of cuba. Good morning, everybody. Welcome to Market Makers. Stephanie so much to cover this morning. In just a few moments, we are going to be speaking to bill ackman about the potential fbi investigation around the company herbalife. I am going to talk Consumer Confidence. That number is out. Huge number. Scarlet this is a preliminary read of university of Michigan Consumer confidence. We have an unexpected decline. Economists were looking for the rate to ...
June 21, 2024
Europe. The ecb is driving the euro lower. That means production could help rejuvenate european economies. Amazing amount of bonds being bought. European stocks up. European bonds are up as well. Borrowing cost coming down in spain on the 10year. They are coming down for germany as well. 0. 24 . In the first three days of bond buying, 10 billion euros of bonds were bought. Driving down the euro, driving down borrowing costs. Lets check out the euro. We did see it strengthening yesterday, but it ...
June 21, 2024
Expected to cut its key Interest Rate as the economy heads for its first recession in six years. Mark u. S. Backlash as the u. K. Eyes membership with the Asian Infrastructure Investment Bank. We look at why joining this chinese club could cause a risk between london and washington. Anna we tell you what the stakes are of the bank. Mark welcome to countdown. Anna a warm welcome to the program everybody. Also coming up disney is not letting go of its frozen it are you the company hit. The Company...
June 20, 2024
But in 2000, Congress Gave wall street an exemption thats turned out to be a very bad idea. Its legalized gambling. It was illegal gambling, and we made it legal gambling. With no regulatory controls. With absolutely no regulatory controls. Zero, as far as i can tell. I mean, it sounds a little like a bookie operation. Yes. [watch ticking] i dont to die. I shouldnt have to die. Helen sharp, suffering from lymphoma, just got the letter that says her county hospital is cutting charity care to Canc...
June 20, 2024
Narrowest trading range since september that we have seen. David it is nice to see nasdaq back in the green. Many people thought if president obama won reelection they would pummel. It hasnt happened today. Call is on fire. Up significantly with almost a 10 increase. A good day for coal stocks. Liz longtime priceline and Deutsche Bank pushed the shares could hold from buy. Saying they believe a cold war is brewing among the travel sites. Really bitter competition. But in these two deals and the ...