Europe is steady powell makes some remarks later on tonight road map begins with megadeal monday lvmh announcing a deal to acquire tiffany. Charles schwab buying ameritrade, 26 about the all stock deal it will combine the companies the two biggest publicly discounted brokers will have more than 5 trillion in client assets ebay set to sell off stub hub for 4 billion david has details on that. Lets start with this Historic Deal in luxury goods lvmh will acquire tiffany. The deal is worth 135 a share, two Companies Expect to complete that deal by mid2020. I assume you can fill us in on what is going to happen to the brand, synergies and all of that. Listen, i mean, it is an important transaction for lvmh, which tried twice before as my understanding and not been able to get there had done it privately. From a m a Strategic Point of view, this went about as well as sort of it had been could have been hoped for from both sides. Seasoned advisers on both sides, who i think i thought they wou
Ceo tim cook pledging the company will break ground this year when it comes to generative ai. Okay. Those shares have been in a bit of a slump lately, for the past six months. Elsewhere, in less than an hour, we will set you up, as well as looking at overtime. Underperforming tech, and why it might be a great thing for this bull market. Work with me here. Lets welcome in josh brown, the ceo of ritz holds wealth management. Its great to have you back. Its Piper Sandler today, which says broadening out. I would say, it feels like no contest, let broadening out. Over the last month, discretionary is up seven, materials up five, these are percent, financial healthcare up 4 . Tech is only up 3 . What you thing of the story . I will tell you the problem, people are looking at the russell 2000. They are missing the boat on whats really happening here. There is a bifurcation taking place between large and small, mid caps somewhere in the middle. That part is true. The question is, which one do
Calling him a chicken. Connell on the top of your head. But the story everyone is talking about this morning, the Business World announcing pulling all Tobacco Products over 7,000 pharmacies around country and they will get it done october 1st. Dagen cbs stands to lose 2 million in annual revenue with this move but that is only roughly 2 of its annual revenue overall. The retailer plans to have this move complete by later this year, operating 7600 cbs and Pharmacy Stores nationwide. The ceo on the move. Tobacco products have no place in a setting where health care is delivered. When we asked ourselves where we expecttto be in the future as a Healthcare Company it became clear that removing Tobacco Products from our stores is the right thing to do. Connell for more on this, jeff flock joins us. He is on the story for us. Jeff interesting, obviously, interesting impact talking to analysts who say cvs is a Healthcare Company taking a shot at walgreens on this, the concept we provide your
Matt Dow, Wastewater facilities manager, Burlington Matt Dow has spent most of his adult life talking about what happens after you flush the toilet. click image The second-generation wastewater operator manages the City of Burlington s three treatment plants. His late father was the superintendent of the South Burlington wastewater plant, and his mother s cousin runs the Essex facility. Needless to say, it wasn t uncommon for sewage to be a topic of dinnertime conversation. These days Dow, 40, is more likely to be found behind a desk than out in the field, but the coronavirus pandemic offered him a hands-on assignment. Last summer, Dow and the city s COVID-19 Analytics Team began testing wastewater for viral markers of the coronavirus to track and prevent outbreaks. Dow, a 16-year department veteran, chose the testing locations, collected specimens from manholes and packaged up h
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