Page 2 - Piper Jaffrays News Today

Those right now, but our lows are not that low to begin with. Lows right session now. So. Off about. 25 or u. S. Factory output from march fell to its lowest since february of 2015. Consumer sentiment falling to its weakest in seven months as well. I want to show you what the s p has been doing intraday. Bend,ook at this trading one of the smallest we have seen in a while. So, weuly of 2014 or just barely hit 26. Thats only about several points are so. News crossing that apple is going to extend...

Than the ipad. And about 48 hours to go until cnbc hosts the next republican president ial debate live in colorado. Where do the candidates stand on the legalization of marijuana . And what does the booming industry want to hear from them . Well speak with the ceo of one of the biggest pot dispensaries in the nation. We do begin though with the crisis engulfing one of the Biggest Pharmaceutical Companies around. Yes, were talking about valeant and top brass is meteding with analysts today to dis...

How this all plays into the Federal Reserve. I like jims point there in Halftime Report which is if they dont move in september, were goi in december, were going to drive ourselves in sane. This is right in the sweet spot of the feds full employment number. Maybe that number is going to come down but right now theyre between 5 and 5. 2 . Over to the 173, thats the payroll number for august. Thats below the 220,000 that was forecast but several economists, many economists, point out august has be...

Revenues rose to a record 74. 6 billion in the first quarter, up 30 profit. Here is ceo tim cook on the conference call. Interest in apple products is at an alltime high with half a billion customer visits in the first quarter. Demand has in shattering our high expectation driven by the unprecedented popularity of iphone 6 and iphone 6 plus. Staggering is right. As cook mentioned, iphones are flying off the shelves. Maybe the only negative note was a decline in ipad sales. The Biggest Developmen...

Here is ceo tim cook on the conference call. Interest in apple products is at an alltime high with half a billion customer visits in the first quarter. Demand for iphone has been staggering, shattering our high expectation driven by the unprecedented popularity of iphone 6 and iphone 6 plus. Staggering is right. As cook mentioned, iphones are flying off the shelves. The company sold 74. 5 million in the quarter. Maybe the only negative note was a decline in ipad sales. The Biggest Development is...

A selloff in the markets. Another 1 move to the downside. Thats three in five sessions, actually. The fed minutes, as we said, coming this afternoon. Yum cutting its forecast for the year. The scandal in china continues to weigh on sales. Jcpenney is holding its investor meeting today. The stock has almost doubled since february. Is jcp really back . More retail numbers today. Costco earnings are out. Theyve beaten estimates on the top and bottom line. First up, stocks are looking to shake off G...

They are putting plastic bags over our servicemen. In mexico, more violence today. These were two countries where u. S. Investors had relatively been optimistic recently. So the question is, is the tide turning for good over there . And a big mystery in brazil involving one of that countrys biggest countries companies, excuse me. All that and more today on power lunch. And we begin with sue at the new york stock exchange. Hi, sue. Hi, ty. Lets get you up to date on all the numbers. The Dow Jones...

Switzerland after the Iran Nuclear Talks stretched through the night in a marathon session. Officials say discussions are now focused on whether the u. S. And eu would agree to ease sanctions apart from those of the u. N. In political news indiana lawmakers expected to announce a deal today to alter the religious freedom law. The legislators want to ensure the rules dont discriminate against gays and lesbians. Well have a live report in about 20 minutes. On the economic front, three reports of n...

Now to the lead vr. Those are the only letters you need to know about what is next in tech. That is according to a new report from piper jaffray. I am talking about virtual reality. To Piper Jaffrays point, this week, it seems like everywhere you turned there were stories about Companies Pushing into vr technology. In 15 years, we could see virtualreality everywhere from the hospital to the courtroom if sales take off and prices come down. So far, facebook, google and microsoft have spent billio...

We go to the vxx which is 12. 03. Some of the geopolitics of the weekend the ruble is putin friendly. The indian rupee after that momentous election continues to strengthen this morning. Lets look at this data check. Is the one year yield guess five years forward, in 2019. We have come down and down. This is disinflation, dampening. Tradersher words, what think the one year yield will be five years from now. Andhere it is, we go down that is the back story as we go into this memorial day weekend...