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June 24, 2024
Well break down all the mergers and acquisitions and wheel talk to miles white about his 25 billion of st. Jude. A strong Earnings Report after the bell yesterday, the company shattered estimates and is proposing a new sale structure. And well take a look at how the day on wall street is shaping up. Lets get to m a. The deal valuing st. Jude at 85 a share. Lets keep a close eye on abbott labs stock. They expect to add to earnings. Wheel have an interview with ceo white. And a crossborder hostile...
June 24, 2024
Our roadmap begins with shares of amazon soaring in the premarket after a Solid Earnings report. Well dig into that report plus how amazons game plan is going after netflix. And becky catches up with Warren Buffett in omaha. And more on apples rough month. What does it need to recover . Exxon and chevron out with earnings. What you need to know about big oil and all the energy names leading the way isnt the s p this month. First up, amazon up sharply after posting its most profitable quarter eve...
June 24, 2024
A lot to focus on from those new treasury rules to disney to fed speak. Europe in the red after unimpressive pmi numbers for march. Well get ism services in an hour and oil not bouncing after kuwait says they still predict a Production Cut in doha. We begin with the new tax inversion rules threatening the pfizer and allergan deal. Disneys heir apparent, the companys operating chief stepping down. Who is next to lead . Minneapolis president going after the big banks saying its time to end too big...
June 24, 2024
Campaign laying off staffers, details on that coming up. A jetblue pilot arrested for allegedly flying drunk, he piloted two flights before being led away in handcuffs. Space x breaking a monopoly, elon musks company sibling an 83 Million Contract to launch a satellite. Make your uber drivers could cost you how much. Markets this morning, the bank of japan keeping policy unchanged. That was a disappointment, the federal bank wants to wait longer with negative Interest Rates. As result stocks tum...
June 24, 2024
And whats going on in brussels. It might be for him to be back in washington to deal with all the fallout and now claimed more than 30 lives. We have jack joining us with the latest from brussels on that were the hunt goes on for accomplices in that tragedy. Indeed. We have one man definitely hunted by the Belgian Police force here. We have a picture of him, and men at the airport and a black cat on a pale colored coat that was at the airport just before the attacks took race yesterday morning a...
June 24, 2024
0. 6 . After falling 4 present yesterday crude oil prices right now pulling back even further, down 1. 3 . A new fox poll shows ted cruz narrowing the gap with donald trump. We have the numbers for you. The fbi hires an israeli firm to unlock an iphone used by a terrorist. Dirksen Senate Office Building National Football League owners crackdown on player conduct during games and Alex Rodriguez reveals when he might retire but later he backtracks a bit. Those stories and more coming up. 5 01 east...
June 23, 2024
Businesses. Jason joins us from princeton. What can you tell us about the deal . Jason firstly, the name is fascinating. The name is downdupont. That is the sign of the temporary nature of it. Is dowdupont. That is the sign of the temporary nature of it. There is very little that the market did not expect versus what was originally murmured what was originally rumored. It is going to break into three bundles, in a very tax efficient way, the way folks had thought. The synergies look like we have...
June 23, 2024
Gap between chinas onshore and offshore currency has widened to a record after they cut again rates for a seventh straight day. The offshore saying thats going to a fiveyear low. That is the weakest level since april 2011. Lets take look at the markets. Closed for the lunch break, here is how they were trading in the morning session. The hang seng down close to 1 . Afternoon they say this is the picture in singapore, tokyo, red. Ubai all seeing some north korea confirming this nuclear test. Emil...
June 23, 2024
And this morning the iea says it sees the oil glut worsening. The big reason, demand growth now is slowing while opecs out look continues to boom the ieac Global Market is supplied until at least the end of next year. Wti with 36 and change down another 1 . Even brent at 39 and natural gas, look at that, below the 2 mark. We were you messed it up yesterday. Halftime report we were up like 150 or something . Almost 200. Almost 200. We ended up, up 80. What did you do . Which guy was it do you thi...
June 23, 2024
Like caterpillar, ibm and walmart. Check out gopro, twitter and 3d systems catching the bid here. Is this the dash for trash. Do you buy the trashing names into the end of the year. Guy, what do you say. This is a quick trade. Whole foods markets up huge. Abercrombie and fitch off a huge move up again today. So is there still room on the upside . Probably yeah, because the shorts are still covering and people absolutely chase. But these names have been beaten up for a reason. And the cream rises...