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June 21, 2024
Stories this morning. Deal news dominating this morning. Valeant ends the buyout deal for allergan. They made an unsolicited deal last spring. It looks like the soap opera could end, 210 is more than they expected. Hackman and valeant are going to share the profits that ackman has reportedly made with the stock at 40 . This is a winwin situation because of the way he structured this. But valeant shareholders effectively split the profits with ackman. With the purchase there. Thats pretty interes...
June 21, 2024
Hearing from gap stores while we take a look at the markets in the meantime. The futures are indicated lower. Dow futures down by 62 points below fair value. S p futures off by seven. The nasdaq down by 17. What was happening in asia overnight . Youll see the nikkei cloez closed up slightly, and i mean ever so slightly. These are barely budging for both the hang seng and the shanghai, as well. In europe, youll see some red arrows, coming on the news that some of the pmi numbers were weaker than ...
June 21, 2024
Eu Investment Plan saying its more than just moving money around. The money we are putting forward today comes from what already exists. Shares in thomas cook plunge after ce oharery green forced to pack her bags. And investors buying into europes Online Fashion retailer after orlando beat Third Quarter sales. Sdwla youre watching Worldwide Exchange, bringing you Business News from around the globe. And welcome, everyone. It may be a short week due to thanksgiving. But that does not mean its bee...
June 21, 2024
Talks today and reconvene in december. Successful talks could open the door to ending sanctions on iran. Brian, over to you. Thank you very much. Good morning, everybody. In Corporate News starting your week, American Airlines and its pilots union say they will keep talking with the goal of reaching a new labor deal by middecember. The two sides putting off a plan for arbitration. By the way, shares of american have been up this year 70 . Speaking of the skies, commercial drone users are still w...
June 21, 2024
Its not its a state of mind. It is. Thats what we keep saying. Over and over again. And theres a lot of new this is the new blah blah blah. I think 15 years is fair. Dont you think 15 is fair . Is fair for what . What i am is the new 15 years less. Do you want to do how old are you now . I can sing it. No. You know what they say. They say that the beginning of the hours are the most important to hold, to pull in the viewers with the current news. Nerds, move on. Exactly. Thank you. Some of the s...
June 21, 2024
Lauvens the first ltro are expected to disappoint. Results out in over an hour. Moving camps and demonstrators out of the financial district after more than two months of occupation. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. We are just getting news out of norway. Theyve cut the deposit rate by 25 basis points to 1. 25 . We were expecting a slightly easing meeting announcement. We werent expecting an outright rate cut until early next year. Lo...
June 21, 2024
Name is now bargain hunting. What does he like and should you follow along . And meanwhile, in france at this hour, special Police Forces have descended upon a northern town where two suspects in yesterdays paris massacre may be hiding out. They, those gunmen, are still on the loose a day after murdering 12 at a satirical magazine. We will take you live to france in just a few minutes. Meantime though it is a real big day on wall street and sues got it covered for us at the nyse. Hi sue. Hi ty. ...
June 21, 2024
Change is it should be on a sunday and at a time when everyone could watch. So i watched the first drive. Marcus mariota takes it down in like 8 plays and i said im going to bed oregons going to win. Thats what i thought and i woke up this morning and i was shocked. Urban myer has got it going. Only the second coach able to win with two different teams. Thats right. And he had already its amazing to win the National Title and for ohio state these fans are rabid. Do you remember woody hayes . I c...
June 21, 2024
Percent. The west coast ports are due to reopen today. Part of a lengthy labor dispute between shippers and dock workers union. If theres a shut down, the National Retail federation warns the u. S. Economy could face a hit of 2 billion a day. I asked jack lew about that in our interview. President obama will meet with Angela Merkel today. Theyre expected to discuss issues like russia ukraine, international trade, and Counter Terrorism efforts. Chinas imports dropping 20 from a year earlier. The ...
June 21, 2024
You can see obviously there are some drops there on the lens. We turn now to spencer christian, who is tracking the storm with live doppler 7 hd. We have raindrops falling over much of the bay area as you can see on live doppler 7 hd. The heaviest activity is still building offshore but we do have reports of light rain right through the central part of the bay area, right across the north bay there. Looks like a rather impressive area of downpours about to hit novato, between San Francisco and n...