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June 25, 2024
Murderer himself. And new details emerge focusing on the gunmans wife and how much she actually knew. Forces tell fox news she could soon be charged as an akoim police. President obama walked up to the peed yum and used the occasion to reinstate the ban on assault weapons. The Hillary Clinton mimicking the tactics straight from her opponent, donald trump counter punching his attacks line by line in a speech in pittsburgh. Weve got it covered by crews in fla na, our political. What does bernie th...
June 25, 2024
In a german newspaper interview. Durables just ahead of estimates and still looking for definitive headlines out of opec. Inventories at 10 30. Yellen back on the hill answering lawmakers questions about the banks, what shes expected to say about the troubled sector. And speaking of banks, wells fargo ceo john stumpf is forfeiting 41 million ahead of his next appearance on capitol hill tomorrow. And what should you expect as an investor . Shares of nike falling in the premarket on yesterdays ear...
June 24, 2024
Unsolicited stakeover bid led by anbang insurance group. Well give you the latest. United airlines ceo back to work today but the activists are not cutting him slack. Whats ahead for munoz and the airline at large. Starwood is up sharply in premarket trading. They received a takeover proposal from chinas anbang insurance. Its worth about 75 a share in cash. The board of starwood says it is not changing its recommendation at this point and supports the companys planned merger with marriott, but t...
June 23, 2024
Our road map begins with a trio of deals in biotech, personal care and food. Hp ink and hewlettpackard enterprise began trading as separate companies today. We will speak with meg whitman a bit later on in the show. And visa shares lower after reporting a mixed quarter, a buy back and a purchase of visa europe. A lot for investors to digest. A lot of deals in the spotlight, including Treehouse Foods agreeing to buy conagras private brands business. Results from likes of a facebook, tesla, Media ...
June 23, 2024
As we used to say. Maybe we still do. We do. Of course we do. You can see there the dax in particular up 1. 69 off of not a bad overall year as we look at yearly returns. How is the tenyear note yield doing you ask . There it is. 2. 25. And of course crude and natural gas crude in particular, so important in the movement of the market, down yesterday. Market down. Up today, well see whether the broader equity market follows through. We have the latest s p caseshiller home price report. That was ...
June 21, 2024
Regain intraday high set yesterday. Hewlettpackard shares are a bit lower on the premarket after quarterly revenues below the streets expectations. An interview with meg whitman a few moments from now. Airlines are canceling hundreds of flights due to the weather in the northeast. All the latest advisories. Opec ministers have arrived in europe for tomorrows summit meeting. Find out if there will be supply cuts on oil soon. First up, a deluge of economic data, jobless claims jumped last week, du...
June 21, 2024
Cfo will join us first on cnbc. Staples and office depot higher in the premarket, reports two in advanced merger talks. First up Oil Prices Rising sharply on expectation of decline and u. S. Drilling activity. Bp posted better than expected quarterly results. Bp ceo bob dudley spoke this morning. I think its going to take time. Could be a long time. There is excess supply. U. S. Productions still growing. We see about the rig counts what its growing. And chinese demand of course great. Growth in...
June 21, 2024
Output of Energy Related products increased. Of course jobs are also the focus at the fed and how fast the economy creates them will be key to when the fed starts to raise shortterm Interest Rates expected sometime this year. On jobs the beige book says, quote, payrolls in variety of sectors expanded moderately during the reporting period. Melissa . Melissa peter, thank you so much. Lets bring in todays panel. Charlie gasparino, fox business senior correspondent. Pete hegseth ceo of concerned ve...
June 21, 2024
Another try. Unemployment a hiding a lot though, like how many johnson are part time. Here is what the ceo of gallup told me yesterday. Were a country of small and mediumsized businesses more than large. But the small and mediumsized stopped growing because they have wind in their face and lost their optimism. Melissa im joined by Charlie Gasparino, fox business senior correspondent. Jack hough from barrons, steve forbes chairman of forbes media. Steve forbes let you go first. Get the jobs repor...
June 21, 2024
Near record 10 Million Barrels a day. Of the 50 or so oil related stocks that i follow only about ten, 20 are up over the past month. All down more than 20 . Goodrich petroleum down more than 40 . One group that has been completely i think ignored, the offshore drillers. Theyre down worse, when youve got the hercules offshore. You cant even mention it now. All difficult. Ensco, a very modern rig system. The number of rigs coming on is shocking. People dont understand its about supply not necessa...