Higher in afterhours trade. Shake shack also sizzling in extended trade. The burger chain posting stronger than expected 13 rise in samestore sales, thanks to the return of customer favorite crinkle fries. Lets bring you the german zedd aug zew numbers, august is up from 63. 9 in july, ahead of the forecast which was 64. 7. We also have the Economic Expectations, which has come in below. Its come in at 25. 0, down from 29. 7 and below expectation of 32. So, Current Conditions better than expected, Economic Expectations slightly worse than expected. As you can see, euro dollar 1. 1036 today. Its up about 20 basis points and hasnt really moved too much off the back of this zew reading. We did see a massive rally on wall street overnight. Lets look at how its looking this tuesday. The focus now does turn to the u. S. Retail sales number, which comes in tomorrow. The health of the consumer, of course, will be a topic of discussion. In the meantime, were looking at the dow right now down ab
Holding company with that name, alphabe in an effort to shake up the way the firm is organized. And the new Holding Company will include the business that google is best known for. Search. The news which came after the close of trading sent shares higher initially in the afterhours session, as you see there. John ford is here with what this move means for the company and for shareholders who either own the stock directly or through etfs and funds. Was this reorganization in any way rumored and what does it do . Not rumored at all. Had to do a doubletake to make sure this was real. This company,indeed, called alphabet, within it will it exist google inc. And that company has a new ceo. Larry page, the former ceo of google is going to be the ceo of alphabet. The ceo of google is going to be a guy named Sundar Pichai, served as googles chief operating officer up to this point. As of q4 he will be the ceo, including under his watch will be, yes, search and pretty much all of the revenue pr
Holding company with that name, alphabe in an effort to shake up the way the firm is organized. And the new Holding Company will include the business that google is best known for. Search. The news which came after the close of trading sent shares higher initially in the afterhours session, as you see there. John ford is here with what this move means for the company and for shareholders who either own the stock directly or through etfs and funds. Was this reorganization in any way rumored and what does i do . Not rumored at all. Had to do a doubletake to make sure this was real. This company,indeed, called alphabet, within ital will it exist google inc. And that company has a new ceo. Larry page, the former ceo of google is going to be the ceo of alphabet. The ceo of google is going to be a guy named Sundar Pichai, served as googles chief operating officer up to this point. As of q4 he will be the ceo, including under his watch will be, yes, search and pretty much all of the revenue p
Holding company with that name, alphabe in an effort to shake up the way the firm is organized. And the new Holding Company will include the business that google is best known for. Search. The news which came after the close of trading sent shares higher initially in the afterhours session, as you see there. John ford is here with what this move means for the company and for shareholders who either own the stock directly or through etfs and funds. Was this reorganization in any way rumored and what does it do . Not rumored at all. Had to do a doubletake to make sure this was real. This company,indeed, called alphabet, within it will it exist google inc. And that company has a new ceo. Larry page, the former ceo of google is going to be the ceo of alphabet. The ceo of google is going to be a guy named Sundar Pichai, served as googles chief operating officer up to this point. As of q4 he will be the ceo, including under his watch will be, yes, search and pretty much all of the revenue pr
Whats being called the storm of the century crippled new york city cutting power and plunging manhattan into darkness. More than 13 feet of water wushds over the seawahl in battery park, rushing into tunnels and subways. It could leave the city paralyzed for days. When do you expect the subway system to be up and running again . Four or five days i think. At this point we dont know. If you had to guess, con ed and the subways, three, four days and i would be happy if thats what it turns out to be. The mta reporting that seven tunnels have been flooded announced in our 108 years our employees have never faced like a challenge like the one that confronts us now. 215 patients were evacuated from new York Hospitals when backup yen raters failed. Queens, firefighters battled a blaze that consumed 50 homes. Meanwhile, a crane mangled from heavy winds dangled 80 stories above midtown, manhattan. President obama has signed major disaster declarations for new york city, long island and new jers