Page 21 - Pershing Square News Today

Them could impact the business world. And a new peek at the hyper loop. 060 in 1. 1 seconds. Phil lebeau is there and well have the latest del tails. Holy cow. Plus the governor of North Carolina will join us to discuss the impact of that controversial bathroom bill thats caused hundreds, from businesses to boycotters to ban his state. Take a wlook at all of the names being dragged down by macys. Sales missed expectations and also slashed its outlook for the year. That is its fifth straight Quar...

All year long. That is a rally of energy and materials. This was called the dash for trash trade. Is it now the Global Recovery trade. Its the global reflation trade. Whether it means the worlds okay or not, i think are two different questions. Whether these things were oversold or not is part of the story. The fact that i think commodities have put their bottom end, and thats im not going to hedge it saying it depends on what the dollar does. We come to a place where a lot of supplies have been...

Crude prices ended the day by 1. 50. Wti is up against another 16 cents to 47. 48. Brent is down by three cents to 48. 95. Earnings just out now from home depot. The dow component posted a profit of 1. 44 a share was eight cents above expectations. Revenue also beat analysts forecasts. The company also raised its fouryear guidance to 6. 27 a share. Were going to dig through the report im digging. With an analyst at this point. The stock is looking really strong today. That should help the dow to...

Good morning from me as well. Lets get you up to speed on the wall street action. A nice day for wall street. 1 gains in all three indices. Apple another one of the factors, its carrying through asian trade and helping futures. 16 points on the dow and 1. 5 points on the nasdaq. The s p up by eight points. Lets have a look at the chart of the day. Oil on supply discussions. Eia saying share output is expected to drop in june for an eighth consecutive month. And also fires burning around the cana...

Coming your way. But lets kick things off with the aforementioned Michelle Carusocabrera live in cleveland. Michelle. Hey, tyler. Another newsy day. Weve had news break in just the last half hour that the trump employee who helped write Melania Trumps speech, well, that person has accepted responsibility for the similarities to Michelle Obamas 2008 speech John Harwoods going to join us with all the details. Big night, senator ted cruz, onetime president ial hopeful expected to speak. Whats he go...

In total swing. Brexit . What brexit . Check on the other indices, the s p 500 at this hour also in positive territory, the nasdaq as well. Well see those in a second. See the dow is higher by 29 points, 17,959. Once again were talking about 18,000. The s p above 2100, again, a gain of four points. Lets move onto whats going on with yeelgds which have just been breathtaking in their declines. And the 10year yield still below 1. 5 at this hour. 1. 45 . The twoyear yield at 0. 597 and gold higher ...

It is officially official, as you said, donald trump after a day of leaks yesterday now tweeting out the news that he has picked indiana governor mike pence as his running mate and potential Vice President of the United States of america if trump should win. Heres the tweet just a little while ago donald trump put out. I am pleased to announce that i have chosen governor mike pence as my Vice President ial running mate. News Conference Tomorrow at 11 00 a. M. That News Conference was initially s...

Stopped short of calling them a pyramid scheme, what ackman hoped for. Said it would happen, the stock would go to zero. That language avoided and herbalife tried to frame it as an upbeat resolution for them. Heres what he had to say. They chose 0 negotiate a settlement with the harshest the ftc ever had against a pyramid xwee scheme. Misleading the market about what the ftc ultimately concluded. We think its a nice try, but its the herbalife, shut down by the ftc. They just havent realized it y...

Welcome to squawk alley for a wednesday morning. Im carl kwinquintanilla. After a rocky start, donald trump named the republican nominee for the 2016 president ial race along with running mate indiana governor mike pence. Governor pence, the headline speaker tonight along with harold hamm of continental resources. Eric trump, speaker gingrich and others. A lot of unity coming together. The republicans argue as we had some members of trumps family speak last night. One thing to watch out for toni...

European banks. This morning, things are shaking some of those concerns just a little bit. The dax is up. 75 . The cac in france up. 30 . The ftse is flat. Crude oil picked up. Pushed back above 40 yesterday towards the later half of the session and that did help stock prices. This morning, wti giving back about. 25. 40. 60 is like a c minus. Every time it fulls below 40 m people think ha is going on. We did get numbers on gasoline drawdowns. That helped some of the oil prices. Maybe the demand ...