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June 21, 2024
The flames. More than two dozen people were arrested. This started after the funeral of freddy gray, a black man who died in police custody. A this sister called for calm. I dont like it at all. Betty the orioles postponed their game. Schools are closed and a citywide curfew starts at 10 00 tonight. We will be watching the situation. The death toll in the Nepal Earthquake is over 4400 people. The Prime Minister fears that number could double. Rescuers dont think they will find survivors in the r...
June 21, 2024
Low. Our road map with stock futures in the red. Exxon and conocophillips moving some of those stocks. Sales force surging on the news it hired advisors to look at takeover offers. More of the apple watch dlis. A defective component to blame. Apple announcing another partnership with ibm. Well get to that in a minute. First up a lot for investors to digest on this final trading day of april. Consumer spending up 0. 4 last month. Claims down last week by 34,000 to 262,000. Thats a 15year low. Emp...
June 21, 2024
Month. The biggest trend and some of the midcap banks that you might be wanting to buy. Hello, everybody. Its a big news day here on cnbc, but a big day in downtown for a group of high school students. Steve liesman is live as he prepares to crown the top mind. Now there just 16 remaining and four teams. I have four on each side of me from high schools from around the country. We are going to crown the next bernanke and yellin and the next economic professor. They will humble and astonish you wh...
June 21, 2024
2011 so i think the administration is moving down that course before they started hearing from the Environmental Community and you could see the state department was heading down its route with Environmental Impact statements. They said look this is not environmentally friendly. Only downward as things change in the political environment within the administration not on the public side. Poll after poll has shown 60 to 70 approval for the pipeline so i think its changed at the very top of the pol...
June 21, 2024
Yield, no, we dont have negative rates the way they do in some places in this world, which still is an amazing thing but you dont get a lot when you loan your money to the u. S. Government for ten years 1. 863. The road map, megamerger kraft and heinz agreeing to merge with the help of Warren Buffett and most importantly 3g capital creating what will be the worlds fifth largest food and Beverage Company. I think Third Largest theyre saying in terms of Food Services or food products. Plus, dow fu...
June 21, 2024
Reuters poll. Just seeing a little bit of a march higher. The reason why its important is because it tells us a little bit about the ecbs Bond Buying Program and whether or not that Bond Buying Program and the money in it feeds through to the real economy and the real lending. Thats the big concern. We know it impacted the financial economy when you look at the record low yields. The question is when does it feed through to the real economy. When do we see a boost in lending to small and mid siz...
June 21, 2024
U. S. But europe playing catch up to yesterdays rally. The gains over there, about 1 . Pmis looked pretty good too. Oil settling back after rising 9 of the past 11 days. Tip years around 1. 91. The first rate hike shouldnt come until the second half of next year. The deal in delivery space. Fedex buying tnt express for 4. 8 billion. Thats a deal that u. P. S. Failed at just two years ago. We do have the ceo of fedex coming up in a couple of minutes. Speaking of deals, also the largest lbo of the...
June 21, 2024
To the cade the American Public and educate american legislators about what is going on in their state relative to canadian business. That really has to be done in the legislative offices. Not necessarily in d. C. But maybe in the district offices where people who work for Canadian Companies or have relationships with Canadian Companies are talking to those legislators. Danielle, lets give you a chance to weigh back in here. Congressman suggesting that it is less and less likely the president ap...
June 21, 2024
Today a pair of deals. Endo buying parr pharmaceutical and for just over 2 billion. And potentially a third in the making i can confirm that they have resumed talks around a possible deal. Well have more timely to help, tim cook tells graduates not to live lives on the sidelines while apple acquires a gps startup. The dow and s p just shy of new alltime intraday highs. The dow, as we said about 16 points away from record territory. People wonder if this is the breakout of the wedge weve been wat...
June 21, 2024
[laughter] thanks, i appreciate your comments. And i am intrigued by those that you wrapped up within the decision they can process for the preparedness and the allocation of resources and you find it completely ad hoc and disjointed and one response to that is democracy. It is a messy process with the location resources done by things allocated by criteria that might not always be rational. That is the reality of the democracy and the testing of the responsibility and the political executive br...