Spruce Point News Today

Session lows, dow down 250, obviously yields a big part of the story. Were on pace for our first weekly drop in three weeks for all the major averages as a selloff steepens today thanks to weak pmi data nasdaq down another percent today. Where do you look for value now . Jake paulson and mark mahaney. Good to see you both good morning. Thanks, carl. Jim, what separates today from another gardenvariety growth scare and are bonds suggesting that were looking at a global recession . Yeah, i think t...

Akwy sessiak ak akwywy situation of etrade. Will has the highlights. Hey, carl as you said, just last hour we were talking with james gorman, the ceo, and said he first got attracted to etrade back in 2002 when he was still at merrill. He said the conversations this time got real in december. Heres what he had to say about that 13 billion price tag i never worry about strategy. Im never trying to copy what somebody else is doing we have to do whats right for Morgan Stanley you have to be opportu...

After we got the outline of phase one trade deal china President Trump has agreed to lower some of our tariffs in exchange for, it looks like, 50 billion a year in agricultural purchases. And some much firmer protections against intellectual property theft and currency manipulation. And those last two pieces, please, youve got to understand thats what the United States is fighting for thats the real meat of the deal we need Chinese Companies steal our patents and trade secrets and we need china ...

Dow climb 2g 28 points s p advancing 2. 2 its time to revisit fang, my acronym for facebook, amazon, apple, netflix, alphabet, aka google ill throw in the other big tech theme under fire, microsoft. Lets start with apple in the Tour De Force of the new iphone and the watch to me it looks incredible. Battery lifes longer. One hour to four hours depending on your new model. Cheaper prices you also get apple plus, their new streaming service for free with purchase. 4. 99 per month value. Ive looked...

Teslas troubles. A reported investigation into self driving claims and whether it committed securities and or wire fraud during the criminal investigation. That is coming up. Looking forward to that. Morningstar is outstanding Portfolio Manager of the year. She runs a fund focused on Underappreciated Companies which pay reliable dividend. We will find out. Lets take on the markets first. But it the dow is up 122. Look at the others in the red. The s p down two points, the nasdaq down about a qua...

The middle of the night. And a dangerous traffic stop caught on body cam. A driver speeding off dragging a Police Officer more than half a mile. Good morning, america. It is a big day in washington. Congress set to pass President Trumps tax cut. One of the largest ever. This will affect everyone. It certainly will. Lawmakers not getting a whole lot of sleep right now. It was a dramatic night on the floor just before 1 00 a. M. Eastern. Senate republicans passed that 1. 5 trillion tax bill promis...

Hill some investors are saying its more about what she did not say than what she did. Well explain. Meantime, United Airlines is unveiling a new program to avoid upset passengers on overbooked flights. Wait until you this is actually a good idea. I love it. A great idea, and well outline it for you coming up. But we begin today with Senate Republicans unveiling a new version of the Health Care Bill, including offering plans with less coverage, the skimpy plans, quote, unquote, and keeping some o...

Are soaring today after earnings were going to have ben axler who was sure to tell us what hes doing with the stock now. First, lets get to our Closing Bell Exchange for this day with the dow up 78 points in record territory samantha is with us. Shes at post nine with steve grasso from Stewart Frankel and rick stan telly, im sure is still reading over the feds statement that came out an our ago. Its very extensive there. You know, steve, we were talking last week about how even when a Company Re...

On Tuesday, May 21, HospitalityMaine held its annual scholarship dinner at Spruce Point Inn. Eight students from across the state received awards and financial compensation to pursue a career in culinary arts and hospitality. Since its inception,...

Great racing begins soon with the 50th annual BHYC Regatta and Shipyard Cup Classics Challenge to be held July 20 and 21. Yachts of all sizes with colorful spinnakers will be racing off Boothbay Harbor on both days. This year, special guest, around...