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June 23, 2024
67 billion. We will break down why bigger isnt always better and especially in the tech world. You look back at some of the other tech merge he wishes in the past, i thought of hue let pack err and come back which didnt work out well, that was 18 million and this one is 67 billion and there is a lot of debt involved in that one. Number two in the rankings the evongo come deal. This one does eclipse a lot of these. All your golf eye fish nad dose out to the gary player invitational, talk the busi...
June 23, 2024
Decade. Shares of the gap falling hard in premarket adding to the companys double digit stock slump. Shares of valeant and malinckrodt are lower. Still down in the premarket. Well have the latest on that scrutiny of and by citron. And in a few minutes, Mary Jo White will join us from d. C. Whats at the top of the regulators to do list . Stocks are set to open lower after rate hike concerns helped to extend the s ps losing streak to four and sent the dow back into negative territory for the year....
June 23, 2024
Come at 8 30 eastern time and at 10 00 wholesale trade. Well be getting Quarterly Results before the bell. Okay. Lets tell you about some of the stories that were watching this morning. Valeant said to hold a Conference Call at 8 00 eastern this morning. Its going to be providing a Business Update to investors and take questions. Town more than 40 since the short sellers report was published on october 21st. That report accused the company of fraud compared to drug pricing. Now that same short s...
June 23, 2024
And one of valleys biggest defenders is out defending. And u. S. Special forces heading to syria. Will this add more uncertainty and volatility to the oil market . Before we tackle that one, lets go down and touch base with sarah eisen. One stock everybodys watching today. Shart of valiant pharmaceutical. Down more than 60 in the last three montes. The Company Fighting defending its Business Practices of the. And also today. One of valiants biggest investor s ackman, olding a cal to hold his sta...
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
Gilead. We will have the instant analysis. We are 26 hours away from the start of the cnbcs coverage of the gop president ial debate. Steve forbes and todd butch holds are here to tell what you say they want to hear from the candidates and predict who they think will come out on stop. We begin with ibm under investigation by the sec they have dis pleased. Bob pisani has the latest as the shares are falling. Well, obviously investors are taking this a little ease seriously. Ibm down 3. 6 . It dro...
June 23, 2024
Data just above the flat line. Hitting the wires now. No comments on a report. In talks on a 42 billion takeover sending shares to the top of the stock 600. And nordstrom shares losing a fifth of their value in extended trade with the u. S. Retailer cutting guidance after earnings missed expectations. Hi, everybody. Good morning. Thanks for joining us. Happy friday carolyn. Its the 13th. Did you know that . I did know that. I did know. We might be mentioning a couple of friday 13th facts here on...
June 23, 2024
Been chipping away at flash flooding jobs. Now automation robots may be coming to the csuite. I thought some of our ceos were robots, i dont know. You better be hoping theyre not watching. Its a tale of two economies right now here in the United States. The Consumer Holding up but not so much on the industrial side. Morgan brennan is taking a closer look at the socalled industrial recession and what that could mean for the overall economy. Morgan . Thats right. So as commodities continue to coll...
June 23, 2024
Driving in Different Directions all at once. You cant accomplish what you could accomplish if you had a consistent mission by all parties involved. You are already seeing it right now with something as simple as United States and the russian in terms of air strikes. Now lets multiply that and find out what it takes when you put boots on the ground. It changes dramatically what can happen. By the way, if things dont play out well, lets be leer about this, people die. Its all well and good to talk...
June 23, 2024
A mix of snow, sleet and flooding hitting a large swath of the northwest and now the great lakes to the Southern Plains could be blanketed by the storm. More in just a bit. A shortened trading week on wall street today. The closing bell is set to ring at 1 00 eastern time today. Dow futures up by 30 points. S p futures up by just over 4 points and the nasdaq is up by 20. Beyond retail theres other stories this morning. Russia looking to retaliate against turkey. Moscow plans to cut economic ties...