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June 25, 2024
So many dead, so many wounded. Theyre not prepared to say whether that person was a citizen or not. Theyre saying they believe there is no credible indication there is any threat anywhere else, in orlando, florida, or anywhere else in the country. They have no indication of that. One of the other things we learned from the briefing is that this gunman, very well prepared. Assault rifle. Handg handgun. And some kind of suspicious device. On his person. Perhaps in his care. It was clear this morni...
June 25, 2024
If youve gotten one of these annoying phone calls, you are not alone. Every month, 150,000 consumers complain about robo calls. What can be done to stop them . Thats our cover story today. This is an amazing opportunity. Sound familiar . Robo calls like this one now make up an estimated 35 of all calls placed in the united states. And telemarketing fraud, which often begins with the robo call, is estimated to cost consumers 350 million a year. One way to try and avoid the annoying calls is join ...
June 25, 2024
Objects and they are getting smarter and more connected. Is that a good thing or is it too much control to technology . Thats our first story. Cameras that let you know who is there, therm stats changed by a smartphone. Major Tech Companies are leading the advances. Both amazons echo speaker, known as alexa and google homeworks with smart homes. Earlier this week, apple announced an app called home which lets you connect devices all in one place. Consumers are opening up their pocketbooks to the...
June 24, 2024
What a day they are having with the latest from the president s visit in havana. We have a billionaire hospitality mogul to discuss whether he is eyeing that country as a place to expand. I hope he saw the News Conference with raul castro a short time ago. Speaking of News Conferences, breaking news out of washington. Donald trump is holding one of his own. Lets have a listen. Certainly should be careful with third party stuff. If trump gets it well start a third party. A third party means the d...
June 24, 2024
Recall for the model x a couple hours ago. How the bad news could impact the musk empire. Netflix set to increase prices for about 17 million users with increasing competition in the space. This music is killing me here. Can the streaming giant keep Pricing Power . Thats the question well debate here on closing bell. I think we should keep it going the whole time . Why not, sure. Goldman sachs getting hit with a 5 billion fine. Eric sneiderman will join us after the bell and those goldman shares...
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 24, 2024
A very warm welcome to Worldwide Exchange, im wilfred profit. Along with susan lee sitting in for sara eisen. Good morning. Lets get straight to the markets. Futures why not a decent end to the week. A very strong rally friday as people digested that ecb decision and decided it was positive risk assets. Today, theyre looking at profit taking. The dow by four points, s p by about 5. Nasdaq by 10. Following strong gains on friday, not too much of a correction expected today. A quick look at the te...
June 24, 2024
Starwood. Well talk to marriotts ceo, arnie sorensen. The president in cuba raises questions about Economic Opportunity there. And were hours away from apples highly anticipated event. Well look at what to expect. Valeant has been halted for the past half hour or so. As becky pointed out, mike pearson leaving the company. Ackman to the board. Predictable or not, jim . No. But there hasnt been much that is predictable. Theres a mea culpa note from Lehman Brothers taking the price target from 135 ...
June 24, 2024
Josh lipton is on the ground there with the very latest. Josh. Reporter new products announced today, including a new smaller version of the ipad pro. Remember, apple executives billed the ipad pro as the future of personal computing and said for many people the ipad pro can replace the pc. Take a listen to what apples Paul Schiller had to say. There are over 600 million pcs in use today that are over five years old. This is really sad. It really is. These people yes. To really, really benefit f...
June 24, 2024
Im wilfred frost. Good morning to you. Well get straight to the Market Action and have a look at futures at this hour. They are pointing lower, albeit not too much given decline elsewhere in the morning. The dow is down 38 points. The s p 4 points and the nasdaq down by 6 points. Well have a look at numbers elsewhere in the world. Europe is down to the tune of about. 2 ,. 3 . Not too significant. Germany down 2 after gaining 4 last year. We should keep that in mind when the ftse was up. Oilprodu...