Wave of consolidation in the Health Insurance industry. At t is on the verge of winning Regulatory Approval for its 49 billion takeover bid of direct tv. Bloomberg north the bloomberg report said many commissioners have voted to favor the deal. The Justice Department will not challenge the deal because it does not pose a risk to competition. Stephanie president obama will land in the country where his father was born, kenya. He left washington d. C. Last night. He is on his way to nairobi and will attend a Global Entrepreneurship conference, and meet with kenyas president. He will become the first u. S. President to visit ethiopia on sunday. A gunman opened fire in lafayette, louisiana in a Movie Theater. He killed two people and wounded nine others before killing himself. The shooter tried to escape but turned back when he saw police enter the theater. Governor bobby jindal spoke at a news conference. When these kinds of acts of violence happen in a Movie Theater, when there is no rea
And im watching copper acteding better than expected up 1 . Now for a quick look at the week ahead. It is quite a week. Tomorrow earnings from bank of america and Goldman Sachs. Then Morgan Stanley. Then the inaugural meeting of the u. S. China economic dialogue will take place in washington. At 8 30 on wednesday we get u. S. Housing starts data. Economists forecast a jump for the first time in four months. Then thursday, followed by the president 45 minutes later. And the bank of japan will release its Monetary Policy decisions. At 8 30 eastern its weekly jobless claims. Then friday well have earnings rom General Electric and honey well. And then shell watch her episode of game of thrones. Overnight we have important and encouraging Economic News from china. Joining us now from hong kong, it looks like a beat pretty much across the board. Take us through it. Good morning. A big set of numbers for china, shows that theyre on tract to contribute one third of Global Growth this year. Its
I am glad i had an opportunity to tell them we are close to a deal that will bring the cost down significantly. Alisa james dataset said he is not opposed to buying the f35 but wants the best bang for the buck. The white house has released a schedule for president obamas last week in office. Mr. Obama will hold his final president ial News Conference wednesday. The president and the first ladys will also hold host the trumps for tea friday morning. After the inauguration, they will depart to a destination yet to be announced. Tom vilsack is leaving the Agriculture Department one week before his tenure ends. He has led the department for eight years and was president obama longestserving cabinet secretary. Sean spicer says he expects an announcement on a replacement soon. Mexico has nominated the current head of the north American Development bank, Geronimo Gutierrez fernandez to be the countrys new ambassador in the u. S. The current diplomat will become undersecretary for north americ
And welcome to power lunch. It is opening day for baseball. Actually it opened yesterday, but here in new york the mets are playing in about 15 minutes against the braves. Welcome, everybody. Im tyler mathisen. Stocks in the red to kick off this new quarter. Right now the dow down about 74 points. The dow, get this, its not seen backtoback gains since the end of february. More than a months time. Meantime the nasdaq did hit a record high at the open. As you see right there it, too, is down about a third of a percent or 23 points. Shares of panera spiking on reports of a possible sale right now. Pamera is up. Lets check. About 10 as you see there. Brian . Big move there, tyler. Thank you very much. Hi. Happy monday. Im brian sullivan. We have a jampacked show coming your way. Let us start with the markets and your money. Bob pisani is on the floor of the nyse. I saw an interesting report that the First Quarter was the least volatile quarter for the Dow Jones Industrial average in more t
They locked on the Revenue Source before the crucial Holiday Quarter . Julie hyman has the latest. Shery slightly latest, but still near alltime highs. A level on friday, touch a record earlier today before stocks fell backward slightly. Whats been notable, not just about todays session, but a long streak of sessions we had is how Little Movement on a daily basis there has been, even as weve been hitting new records. Its really by inches. Bloomberg, at the this looks at the daily percentage move in the s p 500. You have to go back to july 8 to get a 1 move at the close. You see a very tight range of movement that we have seen, even with fridays gain in the s p here,t did not exceed 1 its been interesting, this drift higher that stocks of experienced. Interestingly, there was just a story out on the bloomberg little while ago from josie ling , would mean a six straight quarter of decline. It hasnt slowed them down that far. We are seeing more movement in oil prices. You see a continuing