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BLOOMBERG Countdown June 22, 2024

A warm welcome to the program you are watching countdown. Im anna edwards. We are waiting for several earnings this morning from the Mining Sector, and earnings from merck, the german drugmaker the oldest of europes drug companies. We will be speaking with the merck cfo later. We will talk about how they are rebalancing the business, trying to make up for the fact that their multiple sclerosis drug is increasingly under pressure. You will talk about m a in the pharmacy sector, and the value they...
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BLOOMBERG Market Makers June 22, 2024

What bill is trying to do here, it is still early and you cannot tell. Just like we have seen, these are the highermargin products. ,ou are buying oreo cookies ritz crackers, so you have got the high margin. Lower productivity, lower margins than its peers. 3g doing their operational cost cutting overhaul was able to take this company 40 , take that drive powder, get into the transaction, and now that it is trading at the preview trading as it is, the verdure, potentially with pepsi. Erik what i...
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CNBC Squawk On The Street June 22, 2024

Bill ackman taking 5. 5 in mondalez. Those subscribers worries that originated with disney. A trio of stocks tesla, Green Mountain and fitbit, hit hard. Our top stories are mondalez shares spiking. Bill ackman disclosing that 5. 5 billion shake in cadbury. They welcome Pershing Square as investors and will continue to focus on executing our strategy as we look at another sector where mass sick consolidation is the play. We have been through airlines and health care. Now, it is food. We can remem...
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CNBC Closing Bell June 22, 2024

Fox, too, has its losses but still at 6. Netflix is adding to its gains. Up 2 . Well tell you what the ceos have to say about the shift. Plus, the auto tech sector is beating expectations. Could teslas problems be hurting momentum play mobile eye which is a very interesting story. We will look at both of those companies coming up in a little bit here. Fitbit is falling. Many analysts are saying the earnings numbers last night werent so bad. Down 13 today. Well debate whether this is an opportuni...
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CNBC Squawk Box June 22, 2024

Those shares have been so volatile in the last several weeks. European equities, meantime, on news of this greek arrangement there, you do have red arrows mostly across the board, and perhaps not surprisingly, greece is the one thats getting the lift by 2. 25 . U. S. Equity futures at this hour . Well, after yesterdays big day breaking that sevenday losing streak, the dow would open lower by nearly 125 points. Here are the big stories were watching today. Greece and its lenders agreeing on bailo...
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CNBC Squawk On The Street June 22, 2024

Oil still trudging below 43. Our road map begins with chinas ripple effects across the global markets. Was a secretive News Conference enough to stop the bleeding. Retail sales are rebounding. Some major Retail Stocks falling hard. More pain to come in the sector. Two stocks sinking on secondary offerings. How should investigators make those moves . Futures lower. China allowing is currency to weaken against the dollar for a Third Straight day. Cutting about i 1. 1. The Third Straight day of cut...
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KNTV Press Here June 22, 2024

Here. Good morning everyone. Two of the biggest successes in retail are target and apple. Apple has the best financial return per square foot of any store ever. And target . Target is just cool. Credited with making target cool is the guy who dreamed up the apple store. The First Company to go through the door. Ron johnson is enough of a genius to have thought up the genius r and steve jobs to turn apple into a retail giant. It earned johnson hundreds of millions of dollars. With two solid wins,...
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CNBC Mad Money June 22, 2024

Will be in trouble. Im talking about the housing goose and frankly on days like today where the dow dropped and the nasdaq sink 6. 4 . Its one of the few sectors working, in fact, it saved the day from being a fullfree fire zone. Fir, understand that once again, we are back in international purgatory, the house of pain. That is when happens when the Chinese Markets are down and others are weak, and commodities are soft and the dollar is upper freaking strong. When you have this combination its a...
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CNBC Mad Money June 22, 2024

Doesnt it. Will the fed move or not . Maybe one of the metals are oil, is there an emerging market and the domino game like the ones we saw in 1997 and 1998. When the crushing obscure curancies. And the Shanghai Stock Exchange is the first thing i check when i wake up in the obscure hours in the morning. And then it was europe and then futures. Now, its china and the need for the shanghai composit to hold above this magical line in the sand. People worry if that crucial level is breached, for mu...
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CSPAN3 TechCrunch Disrupt New York Conference Part 2 June 22, 2024

Its a significant step forward for us. From the kick starter edition. Its six times faster, its got double the memory, twice the usb ports, and its filled with these wonderful new creative projects. Theres make arts, which is a digital easel to learn code by painting characters and fractels. Its immediate, and the game mechanic is step by step. You learn how to type simple commands, magic spells we call them. And you see beautiful washes of color and shapes appear before your eyes. Weve also cre...
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