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June 23, 2024
Decade. Shares of the gap falling hard in premarket adding to the companys double digit stock slump. Shares of valeant and malinckrodt are lower. Still down in the premarket. Well have the latest on that scrutiny of and by citron. And in a few minutes, Mary Jo White will join us from d. C. Whats at the top of the regulators to do list . Stocks are set to open lower after rate hike concerns helped to extend the s ps losing streak to four and sent the dow back into negative territory for the year....
June 23, 2024
Bell remotely from beijing. Well get that in about a half hour. Tim farley of the nyse on the left there. Mcdonalds wrapping up its investor day yesterday laying out a performance day for last year saying it expects a pick up in sales. Shares of mcdonalds hit an alltime high yesterday. Joining us at post nine is Steve Easterbrook, ceo of mcdonalds. Great to have you here. Great to be here. Street liked what you said. You said the words gaining traction. Analysts trying to pin you down on whether...
June 23, 2024
Today with oil down quite a lot. In fact, its currently down by nearly 3 sitting below 42 bucks a barrel. Over the last year oil has lost 45 of its value. Who do the numbers stay . Coming from the transport sector the numbers may be signaling a possible recession. Well tell you what those numbers are and why you might want to take note. As we can see, stocks are sliding at this hour. Get down to the floor with bob pisani. How much of this is due to oil, bob . A very large part of it. Lets look a...
June 23, 2024
David faber. A landmark potential deal with pfizer. Europe this morning that the architect of the paris attacks has in fact been killed and we will get to the news moving bonds and oil as well. Road map will start with major developments for the architects of the attacks. Well go live to paris with the latest. We have the latest going on with the deals in the works between allergen. And well get you the action and plus the interview with jack dorsey. First up, the Paris Prosecutors Office announ...
June 23, 2024
Ever. Pfizer and allergan coming together in a 160 billion plus deal and shares of both companies are moving down. Allergan the single most favored stock owned by hedge funds. Its up 20 this year. What are the other names the smau socalled mart money likes right now . The smart money moniker depends on performance but in any case allergan was number one according to the quarterly roster that Goldman Sachs puts out based on quarterly filings followed in short order by big gainers like facebook an...
June 23, 2024
At the end of the day. Take a look at nike, thats been a big help to the dow, popping after yesterdays stock splint, they told it about it after the bell. We will tell you why much of the streets still bullish after all of these moves. When the last time a Company Split their stock in it happened all the time in the 90s. It started to happen a little bit once we got that round after 2009, things started to come back. Apple obviously did it and there was another example of a company that was unde...
June 23, 2024
Lets get right to it. Tesla investors getting a shock. Shares falling 3 after the carmaker announce the recall of every model s. It has ever sold. So what does this mean for the stock. Lets get into the money and find out. And this is a voluntary recall and it may not cost that much in the end. It may not cost. And what location they bring in to bring the cars in. You have to set up the locations to bring the cars in. It was one faulty seat belt. So i think the 3 decline at one point was a massi...
June 23, 2024
Driving in Different Directions all at once. You cant accomplish what you could accomplish if you had a consistent mission by all parties involved. You are already seeing it right now with something as simple as United States and the russian in terms of air strikes. Now lets multiply that and find out what it takes when you put boots on the ground. It changes dramatically what can happen. By the way, if things dont play out well, lets be leer about this, people die. Its all well and good to talk...
June 23, 2024
We do begin with the fed and the markets and the realization that the free money mania of the past six years could be about to end. Most importantly, investors seem ready. Stocks taking off after those fed minutes appear to lay more ground work for a december rate hike. The reason that we at double line are cautious though, when you look at broad indicators today, were worse off than in 2012. At the end of 2012 gdp want only gdf was off by 1 . Now its around 3esh. Moderateties are at alltime low...
June 23, 2024
The latest on the ground in paris. Dow hanging to some gains. Largely on the back end of an upgrade. We are waiting for developments in french and paris. French prosecutors expected to have a News Conference at 1 00 p. M. Oorn time to give us some developments, some details on those raids overnight in paris. Michelle caruso cabrera, our chief international correspondent, has been on the scene all morning long and brings us the latest. Good morning once again, michelle. Hello, carl. That raid occ...