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June 21, 2024
We asked the man behind the magic. Happy friday. Burgers, beers, hot chicks puppies, super bowl. What more can tv deliver . I dont have a good answer. The u. S. Economy expanded at a 2. 6 rate in the fourth quarter. That is a slower pace than forecast. You can blame cooling Business Investments at a slump in government spending. Consumer spending jumped by the most in nearly nine years. James bullard told us on in the loop this morning that he is ill feeling bullish and it is time to raise Inter...
June 21, 2024
Reported a drop in revenue. Digging into the numbers, fox salt growth in saw growth and paytv sales. And the film gone girl boosted studios in ticket sales. The accused mastermind behind the silt road drug dealing website has been found guilty. Convicted of all seven charges after just three hours of liberation. It sold illicit goods and hits. He tried to arrange the killing of five people who threatened the business. He faces life behind bars. Caesars is replacing its ceo of 12 years. It is par...
June 21, 2024
Personalized therapy things like cancer and genetic disorders. He announced the initiative at a white house ceremony today. Just like we did with genetics 35 years ago. The really good news, this is how you know that the moment is right. Is there bipartisan support for the idea here in washington. The proposal is part of the 2015 budget, which the president is expected to submit to lawmakers on monday. Ibm had a rough year. An sec filing shows she filed a 3. 6 million bonus in 2014. The Company ...
June 21, 2024
Biggest annual drop in dollar terms. Industry group api will release its data today. And in global news petro bass could be declared in technical default on some of its foreign debt. Some bondholders want petro bass to speed up its losses in that giant corruption scandal. So a lot going on this morning. Mr. Kernen. It was down yesterday. In the second place. Here it is. In Corporate News the shares of civio today. The small Market Cap Company about to get smaller. The Oil Field Services provider...
June 21, 2024
West was quote where we cover innovation, technology and the future of business. U. S. Stocks closing today higher with some modest gains. The big news came out of europe this morning where the ecb is discussing a new 1. 1 trillion euro stimulus to boost the euro zone economy. Here is tony blair speaking to bloomberg in dominoes. What is necessary for the eurozone is a coming together around a popular a proper stimulus combined with a profound structure reform its the only longterm route to comp...
June 21, 2024
Tenyears popped to a little past 183 after the big of the sell off selloff for bonds oil up 19 in the last four days. Ahead of the jobs report friday. Adp, lighter than estimates. It is official staples buying office depot, 6. 3 billion. An Office Supply giant created but questions on antitrust. Earnings from gm disney chipotle stocks making big moves in the premark. Futures falling, the morning after the rally which the dow jumped 305. S p nearly wiped out all of last months prices. Oil prices ...
June 21, 2024
Companies havent been able to pull off. Cbs and nfl have renewed the thursday night football deal. Shares of zynga tumbling after analysts overestimated the rebound in the game maker. Zynga was one of the leader in games played on facebook but now is trying to draw users on smartphones and tablets. For candy crush maker king digital, its going much better. The companys results showed they were diversifying away from the topselling game and having success with other games. Groupon is trying to co...
June 21, 2024
Mcdonalds surging nearly 5 after ousting its ceo. Wlas what is the new plan for the fast food giant . This remains the big question. And one hour from now, some huge earnings hit the tape google, amazon advisoryvisa biogen to name a few. Well have the numbers and instant analysis as well. A ton coming up next hour. Were just ramping up on the whole earnings thing. Digesting names like ali alibaba. The dow is up about 148 points this hour. That outperformance from a couple of individual movers. B...
June 21, 2024
Yesterday. Oil Services Provider cut in half today down more than 50 . And the implications of why this stock is tanking may be much bigger than just this company. Right . Thats for sure bill. You can read about the man camps that they have built. The big activist investors, the fact they have wanted to be a reit and didnt happen. Perhaps a tax inversion candidate. That didnt happen. Touches on themes of 2014. Most notably, the drop in oil. Coming up another twist in the sony hacking saga. Now, ...
June 21, 2024
We are going to start in athens. Eurogroup president jerome is set to meet greeces new government for the first time later today. It is a story that everybody is watching. We are trying to work out whether there is a mandate. We will talk about that in just a moment. Lets talk about sanctions on russia. This is also part and parcel of the greek story at the moment. Increasing violence in eastern ukraine. We are watching the story very carefully. There is talk of more individual stories here pote...