Page 14 - Steven Roach News Today : Breaking News, Live Updates & Top Stories | Vimarsana
2020: el año de la pandemia y su legado
voanoticias.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voanoticias.com Daily Mail and Mail on Sunday newspapers.
blackstone is talking to three private equity firms who expressed interest in making an investment in the company. given where the stock price is currently trading it s unlikely that the company would look to raise equity now. it s my understanding that the time to raise equity would be later in the year once jc penney has time to try to improve its financial standing. that seems obvious given where the stock currently the sits. they re figuring, give time, we re bringing back coupons and we re bringing back promotions. let s try to turn this thing around and get this ship righted under ullman and then pursue other strategies later in the year. first grade scoop because i read through the paperis and couldn t figure out what the heck is going on. would this be the kind of thing that could never happen under ronny johnson because ullman is a guy they all bank with and respect? i think i think they re considering by any means necessary, jim, at this point. no, malcolm
number than expected, a big drop of 42,000 from last week. so when you get good news you get bad news, it goes up. you get good news and the stock market goes up once again. which is characteristic of bull markets, either bad or good. but, you know, we talked a lot about the stock market yesterday and the crazy thing is that, you know how you can find in the mental institutions, you can find a lot of people that think that the people on tv are talking about them, they think they re talking directly to them? i ve had viewers write in and saying, i happen you re talking directly to me. it s a sick, delusional thing. but even my guy with the jacket, the guy at the cme, i wasn t talking directly to him about being wrong. i m talking about if you look at a one-year chart, if you go back, let s say six months, we were at 12,400. basically. now we re at 14,000. so we re talking about 2,500 points. a 5% correction is somewhere around 600 or 700 points. hold on this chart. go back
headlines, andrew. let s talk facebook. it s promising not to sell stock to cover a $2 billion tax bill. it says it will cover that with existing cash and borrowing from credit facilities. as a result of the move, total outstanding shares will be reduced by 1.5 million shares. the company spinning it as a equivalent of buy back. the company disclosing rank and file employees can start selling stock they own starting on october 29th. that is the big day. and then a couple of other dates that will come after that. ceo mark zuckerberg, as joe was saying earlier, saying he won t be selling stock in the company for at least the next 12 months. you probably i would hope it goes up. you can only hope at this point. by the way, one other comment. i thought when the ipo first happened that he had said or people close to facebook were saying that he wasn t planning on ever selling his shares anyway, so doesn t want to dilute the stake. it is what it is. you mentioned
the bad news is, august has been the worst month for the markets in the last 20 years. andrew, i ll send it over to you on that up note. thank you for that up morning note. today s top market story, let s talk about it. the fed, policymakers wrapping up a two-day fomc meeting. decision expected 2:15 a.m. eastern time. they say the central bank is ready to act against a weakening economy but the expectation is it will stop short of an aggressive measure, at least for now. we ll discuss all the options on the table with former fed governor mark olson. also the adp employment report coming at 8:15 a.m. eastern. forecasters say they likely added 108,000 private jobs in july. we ll get the first numbers on cnbc from macro economic adviser chairman joel prakken. chinese manufacturing falling to a eight-month low. latest stat suggesting the sector barely growing. meantime, another survey suggesting more market-sensitive private sector in china is starting to recover. on earnings
vimarsana © 2020. All Rights Reserved.