Page 7 - King Tim News Today

Plus telefonica should could raise funds for its rod ban unit , more than 10 billion. It has said to be coming up with its own offer. We will bring you all the details. I want to get back 12 main story, burger kings acquisition of tim hortons. Buffett will get a preferred stake in the roughly 10 billion company. It appears to be a good move for buffet and burger king but what about for shareholders . Erik schatzker joins me now. You could almost smell this happening yesterday because of the invo...

Continue on. The u. S. Moving to we will take a look at mba mortgage applications. Earnings before the bell. Tiffanys, michaels, express. More retailers. More retailers. Here is one item to note. Antiaa College Football season begins today. Labor negotiations began last week. Tiffanys will be interesting because of the japan influence. Absolutely. I find there to be a big asterix around it. Substitutable goods. Yes, they are. Lets do a data check. Stocks, bonds, currencies, commodities. 2002 was...

With a firsthand account of the situation there. Olivia sterns details a multimillion dollar purchase. We begin with julie hyman and burger kings interest in tim horton. If the deal is made, burger king headquarters would move to canada. To account outside toronto, and this is one of the socalled tax inversions we have heard so much about recently, which would reduce the tax rate for burger king. If you look at the tax rates overall of u. S. Versus canada, in canada you are looking at 26. 5 and ...

Expensive. Meet the man who retools the tesla model s. All of that and more. First, lets get headlines from carol massar. Amazon has announced it is buying a live video platform for gamers the company is called twitch interactive for nearly 1 billion in cash. Making the largest acquistion ever for amazon. You might recall twitch had 55 million unique visitors earlier this year. Tivo is hoping to capture the customers of aereo, offering a new dvr that records over the air content. The dvr costs 4...

Power. Tyler is off this week. Simon is my coanchor. Hi, sue. Historic day down here on the floor of the new york stock exchange, where shortly after 10 00. We hit 2000 for the first time ever. We basically spend the last three hours trying to retake that, but to be honest with you, its been a bit of a struggle. The nasdaq with seema mody. Bob pisani is with me here at the nyse. Lets first kick off with dom chu. If you look at whats happening, we talk about the leaders and lag guards, since the ...

The Berkshire Hathway giant is going to be investing in the form of preferred shares in that inversion trng. Berkshire is expected to provide about 25 of the financing of that action. He should say that they teamed up before with hiez. In that particular case, he had gotten a 9 coupon. We will see what they are going to be paying for the berkshire name. Sources telling me literally five minutes before we came on the show that the transaction, they were trying to sign that transaction up literall...

Today . S p, of course, over 2,000 for the first time yesterday on an intraday basis, unable to close there, however, but thats how the picture looks, dow up, s p up slightly as is the nasdaq, implied open as such. Road map begins today with the deal made official. Burger king buying hortons, and what will the governments here and in canada have to say . Best buy earnings beat, sales short as the ceo sells or says what else, blame amazon. History on wall street, the s p 2,000 and another alltime...

Gets 8. 3 billion buyout. Roach and intermun on the buyout . New alltime highs driven by the possibility of more stimulus in europe. Just a few points shy of s p 2000. First up, tax inversions in the spotlight, not talking about europe. Burger king in talks to buy canadian coffee and doughnut chain timms. Both Companies Say a combination would create the Third Largest Quick Service chain, a deal structured to shift burger kings base to canada, which has lower overall Corporate Tax than the Unite...

Particular. Dow futures are indicated up slightly higher. Steve, ill send it back over to you. 8 30 eastern, we get weekly jobless claims, expected to rise by 4,000 to 297,000 below that 300,000 mark. At 10 00 a. M. , we go august factory orders for july. In global news, the European Central bank meeting in frankfurt, a policy decision due around 7 45 eastern. And then president mario draghi will hold his usual News Conference less than an hour later. Indefendanters will look to draghi for news ...

A share. 113 here. Can it keep marching higher . Well take a closer look coming up. Nba commissioner adam silver shocking and i do mean shocking the sports world in support of gambling. Joe torre joins us with his thoughts later on in the program. Looking forward to that, tyler. I think some of the guys might be able to stick around for it. Thats next hour w. An hour to go, heres the dow off 34 points. S p giving up about 2. Nasdaq slightly positive. Apples performance, of course, is helping tod...