Hurricane irma is a category 4 sthoorm cou storm. The path is still you unseuncer puerto rico and florida are areas of interest. Here are the big corporate stories. United technologies buying Rockwell Collins for 23 billion. Under the deal, rockwell Share Holders will receive 140 per share in cash and stock. Thats an 18 premium to the Closing Price on august 3rd. The Companies Say the Aerospace Systems segment would be combined to create collins Aerospace Systems which would save 5 billion by the fourth year of completion greg hayes will join our colleagues on squawk on the street later this morning that happens at 9 30 a. M. Eastern time. Lego announced plans to lay off 8 of its work force lego reporting a 5 drop in revenue for the first half of the year the company said most of the 1400 job cut also happen s wille end of 2017. And Rovio Entertainment is planning an ipo. The mobile games studio will list shares in helsinki in a move looking to boost growth the Company Finally returned
I like it watch weeks later. Its relevant yeah. The wisdom. Absolutely. Global markets report lets check in on how were coming out of the overnight session. Looking at u. S. Equity futures the dow, s p a bit lower implied for the open same for the nasdaq. Coming off records again yesterday. How about overnight in asia. Well see how they react to the feds tightening yesterday which did not phase markets. The nikkei is up 0. 2 . I believe they had an earthquake in japan overnight as well the shanghai down about a quarter of a percent european equities, seeing how the theyre continuing, green pretty much across the board. France and italy leading the way with a half percent of gains ftse just a bit higher crude is coming off a flinday win streak you know, crude for wti is over 50 a barrel brent over 56 a barrel both down a quarter of a percent. Small declines for nat gas well talk about Hurricane Maria. Just thinking, japan, mexico, maria. Think about the last 30day period i know. Normall
Not Much Movement on the face of things. Julie we are seeing another very tight trading range just as we saw, yesterday. Fiveandahalf and a half points is the swing in the s p 500. After a record close yesterday for all three major avenues, any gains today would mean records once again. We are watching the fallout from that executive order on health care that the president just signed and we are seeing a mixed impact. You are some of the hospitals. Here are some of the hospitals. This executive order will create tremendous uncertainty and risk for managed Care Organizations in individual and small group markets, but at the same time, it is going to take a wild to write the rules to comply with this order, and it really is a small portion of the Overall Health care market. That said, we are watching hospitals and the Insurance Companies that are exposed to medicaid. Down, we areing also watching outside of the health care story, what is going on with oil because we had a interesting Wee
Shanghai composite was flat. In european trading, things are barely changed the dax and ftse slightly higher cac down about 0. 1 . Italian stocks down as well, but in spain stocks are slightly higher checking out wti, still above 50 a barrel sitting at 50. 84 a barrel were following a developing story out of Northern California Deadly Wildfires burning unchecked there. Officials say 23 people have died from those fires. More than 3500 structuring have been destroyed leaving hundreds missing in chaotic evacuations firefighters are battling high winds as they try to contain two dozen blazes spanning eight counties yesterday a mandatory evacuation was enforced in sonoma county. Well get an update from Northern California later in the program. I didnt understand why this had been so hectic why people didnt know to leave and confused they were dealing with winds that were above 70 Miles Per Hour on sunday night when you think about that, that means the fire is moving over 70 Miles Per Hour,
Debate on whether investors should be buying this weakness before other banks report. Citi had been trading at an intraday high in the session earlier. Yes equifax shares dropping on reports of another hack. Well bring you those details and how the company is responding shares down about 1. 25 . As i said on twitter, whats left to steal. Im one of these idiots, if you may, who signed up for the whole thing. Yeah President Trump signing an executive order, you saw it live on cnbc, regarding healthcare. Well tell you whats in the order and well get reaction from that man, the former ceo of aetna, ron williams will join us to talk about whether he would if he was still running aetna, would he participate in the plan thats being brought up in this executive order . But we begin in washington with that surprise appearance moments ago at the White House Press briefing eamon javers was there to witness it he has more on the story youre right. It was a dramatic moment in the White House Press