Details, talk about what it means for the industry and business in europe. Shares of pepsico on the move after beating street expectation. Were going to talk to the companys cfo Hugh Johnston in a few moments. Expecting fireworks today on capitol hill. Fbi director james comey set to testify about the Hillary Clinton email scandal. We will bring it live in whitewave rising in the premarket. The organic foods makers agreeing to be acquired by danone for 10 billion in cash. The deal values whitewave known for brands like silk and horizon organic at 6 25 a share. Danone says the merger will double the size of the u. S. Business and we will talk to the ceos of both companies tomorrow here on squawk on the street. North america now will be about 22 of their portfolio from 12 about now. A big bet on america. An important deal for danone. Of course as you say, getting larger in the u. S. Whitewave has been no stranger to those who believed it would be part of food consolidation and as sara ei
Nicole lets check out oil prices. West texas 49. 17 at 16 cents. Lauren u. S. Stock market futures ahead of the opening bell. A muted session in the end, but today dow futures done 20 points and s p futures down three. Nicole the yen continues for the third day, moving higher on the delay of the sales tax increase 29 teen and stock mix right now. Shanghai composite index up half a percent. The nikkei down 2. 3 . Lauren in sports, the penguin beat the sharks taken a two games to none lead and thats the french open. Both williams sisters played yesterday. One of them won, one of them lost. All of that coming up in sports. Nicole is 5 01 a. M. Welcome to fbn am, your first look at todays markets, the latest breaking news and what to expect that they had. Lauren a stunning turn of events picked the state department admitted unintentionally deleted several minutes of video footage from a 2013 press briefing very top spokeswoman need to embellish misleading the press over the iran nuclear de
Quite a dangerous situation there. Yes, actually, a very dangerous situation here. We have this storm. It has winds gusting nearly 300 Kilometers Per Hour out here at times. You can see on the satellite picture the cloud cover dominating all of the island even looking at some of the feeder bands back there towards the japanese islands bringing precipitation there and closing schools down towards manila. But lets talk about the center of this storm and where these dangerous winds are. Heres a look at the radar imagery just prior to landfall. Now this eye has kind of deteriorated, but a few hours ago this was maintaining that inner circle, that eye wall. And that is why were already seeing reports of damage out here. We were looking at winds up to 200 Kilometers Per Hour reported. Some of the remote areas could be higher. A storm chaser james reynolds, took these photos. This is some of the damage, windows blown in on this hotel. Cars overturned, just thrown around like toys out here in
Picture the cloud cover dominating all of the island even looking at some of the feeder bands back there towards the japanese islands bringing precipitation there and closing schools down towards manila. But lets talk about the center of this storm and where these dangerous winds are. Heres a look at the radar imagery just prior to landfall. Now this eye has kind of deteriorated, but a few hours ago this was maintaining that inner circle, that eye wall. And that is why were already seeing reports of damage out here. We were looking at winds up to 200 Kilometers Per Hour reported. Some of the remote areas could be higher. A storm chaser james reynolds, took these photos. This is some of the damage, windows blown in on this hotel. Cars overturned, just thrown around like toys out here in some of these very high winds. Definitely that just gives you an idea how dangerous this is. Even on Orchid Island just southeast of taiwan, you have winds up to 256 Kilometers Per Hour. Good news, there
Strong, he says september. Is he over 200, it has to be or. I thought he said 185. So as long as you hit that. I believe so. Which is the whole thing is bizarre because the jobs number is readvisable by 100,000 jobs every time anyway. Details, brian. If you get anywhere between a d plus and aminus, im going to. Thanks appreciate that fed. Lets check out overnight this asia. At least in japan looked like the market was up 1 . Markets were mixed in china. Hang sang was down less th than. 20 . In europe in the early trading right now, at least at this point, things are mixed. The cac is the biggest gainer of the major averages. The ftse and dax are slightly lower. In italy stocks are up. Abex up. 80 . Crude oil prices. Crude oil is a little lower. Right now down only by about 14 cents to 46. 21. Among top corporate stories. Deutsche bank had considered a merger with commerzbank in the past. A deal would combine germanys two top lenders. Played down that report saying he doesnt think a mer