Future of this onetime pandemic darling. And later, sales of Novo Nordisks wegovy more than doubled, but the possibility of increased competition putting pressure on the stock today. Can the company tip the scales in its favor well go inside the numbers. Im melissa lee, coming to you live from studio b at the nasdaq on the desk tonight courtney garcia, karen finerman, dan nathan and guy adami. Start with apple 110 billion buyback, eclipsing the previous record set by apple in september of 83 billion. That weighing a 10 drop in iphone sales sharing are soaring 7 , adding 200 billion to the companys market cap the Conference Call just kicking off at the top of the hour Steve Kovachs got all the details. Hey, steve hey, melissa. So, yeah, top and bottom line beats for apple. And let me go over the other numbers here that are really driving the stock up higher. The dividend increase, up to 25 cents a share now. And like weve been talking about, the biggest buyback ever in corporate history
When the 2 00 p. M. Deadline came and went. We will see what happens. These are happening not necessarily at this level, but all over at more campuses yesterday. South florida. You know, if you are watching, it could be any university at this point. Im not surprised to see it happening. Crazy. Everyone comes to these conclusions at the same time at every university. Very strange. Media news. Something that is easier for us to understand, i guess. This is not easy. Bob bakish is stepping down. Me merger negotiations with s skydance continue. Cbs president george cheeks and showtime Ceo Chris Mccarthy and Paramount Pictures chief Brian Robbins will be on the board. They reported 62 cents which beat estimates. We will talk more about the paramount news with rich greenfield later in the hour. To news about the Parent Company that Nbc Universal is prepared to pay 2. 5 billion a year to air a package of nba games. Warners tnt has been paying 1. 2 billion a year under the current deal, but fa
In of the mines exploded 2010. The blast killed 29 people. Blankenship was convicted of conspiracy. Turnout for tuesdays primary in the wisconsin president ial primary exceeded expectations. Unofficially, turnout was nearly 47. 4 . At that easily topped the 40 percent protected by a election officials. Voters came out in the biggest numbers since at least 1972. The World Health Organization says diabetes is on the rise, excessive weight, obesity, aging, and population growth seeing a fourfold increase in worldwide cases over the last quartercentury. Global news powered by our 2400 journalists around the world. Emily this is bloomberg west. What is so valuable about youth content and what is verizons broader plan . We will bring you the details. What will the world of App Analytics hold . Over 40 tangled web of overseas subsidiaries. Just bring you up today on a developing story. Jamie dimon out with his annual letter to shareholders saying the potential outcomes are large and potential
Guidance and the intel look, and they say they will layoff 12,000 workers as they are going to be focusing more on the cloud. And they talked about the layoffs in an cnbc exclusive this morning. Have a listen. It is a mixture of the actions to what to do to drive the company in the drirection w want, and how to accelerate the change and growth eareas, and when we did that, it came out to the 12,000ish number. And he also talked about the pc slowdown which is an area where intel does plan to scaleback. The areas that are flat to down are tending to be those mid to lowerlevel system, and both laptops, and degsktop, and it does not mean ta we wont continue to support them or bring in new innovations, but it is just that we will scale that innovation relative to the growth. So we will slow it down, and we will as far as the amount of innovation going into the segments, but we will support them absolutely. And of course, jon fortt brought us that interview in the 7 00 a. M. Hour. And he see
It looks like a e has a disaster on its hands. Could it mean the end of the show, duck dynasty . First to the lead. Surveillance has been a hot topic. President obama not only met with the most prominent tech executives, released a report on government surveillance. The president is hinting he may be willing to follow through on some of the restrictions. Take a listen to what he had to say in his final News Conference of the year. I have confidence in the fact that nsa is not engaging in domestic surveillance or snooping around. I recognize as technology changes, people can start running algorithms and math out the information. President obama has not made a final decision yet. Phil mattingly was at a press conference and he joins us with more. There is no doubt right now that it is a big change from five or six months ago. They are changing and they will be laid out. Not just because the administration feels like the programs have gotten out of hand or the nsa is operating off the pat