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June 21, 2024
Larry all right thank you very much thank you audience chanting larry thank you, thank you. Welcome to the the nightly show. Im larry wilmore. Tonight were doing something special. Were going on break next week, and there are a ton of stories in the news that wed love to cover at length, but we just dont have the time. So were gonna hit em and quit em. Its time for stuff that cant fill a whole show but we wanted to get in before we go on break. applause lets do this topic randomizer, give us our...
June 21, 2024
Lets look at shares of lumd ber liquidators, up 12. 5 today, up more than 4, picking themselves up. Stock up big after a bigger drop brought on by a 60 minutes report questioning tox itty in the adhesives in the countrys product. The founder completed a Conference Call a short time ago. Details coming up and, of course, we look forward to the appearance tomorrow with scott on halftime report. Absolutely. Straight to the trading action, and bob is on the floor of the New York Stock Exchange. Desp...
June 21, 2024
Becoming part of the washington machine. Thats not who i am. Brad the 52yearold firstterm senator is headed to New Hampshire today followed by key early states like iowa, south carolina, and nevada. Senator ted cruz is also declared for the race. Fedex is purchasing tnt for 8. 8 billion in cash. The same amount of money they hinted at in 2012 before regulators said they would kill the deal. The fedex ceo said he is confident that it will win approval. If you look at our situation in europe and t...
June 21, 2024
Economy. Zell not so much. And investor lynn tilton is with us live this hour. She just filed a suit against the s. E. C. Shes fighting back saying fraud charges levelled against her are absolutely false. We begin now with the American Labor market. Traders and investors positioning themselves for fridays employment report but could they be setting themselves up for a bit of a shock . Steve liesman is here to explain. Explain, stevie. Yeah mandy. There has been a lot of worrisome Economic Data t...
June 21, 2024
Rid of patient, so to speak. Great. Now were at 1. 9 again. Lets get to our road map. It starts with the markets, futures as you saw pointing to a slightly higher open helped by Consumer Prices that rose for the First Time Since october. Plus Chesapeake Energy blaming weak commodities for its decision to cut cap x this year. Of course its not alone. Carl icahn boosted his stake in the company to 11 , that was just out yesterday. Tragedy in europe up to 150 people are believed dead after a german...
June 21, 2024
But i dont know if it was coincidence or not. Ever since the apple watch was introduced, they brought out everything else. As soon as the watch came out, the stock started to fall. Last i saw it was down about 1 probably off the lows right now. Everybody was waiting for the watch. They got a bunch of other things. They got this research kit which is very interesting. On health. An accumulation of information that crowd sourcing of medical information that people can share. This one app that is g...
June 21, 2024
The markets by commenting on stocks. We have to get to sue herera with a news alert. One minute into the show and i have blown it. No you have not. Absolutely not. We want to be reviewed by the wall street journal. They filed preliminary criminal charges of a unit of Jpmorgan Chase and company for alleged complicity in tax fraud according to document that is the wall street journal reviewed. The fact that preliminary charges have been filed indicates in france that prosecutors suspect the bank o...
June 21, 2024
Klaus kleinfeld talked to us. Were going to look to that bill not because alcoa necessarily should be a barometer, but because it so often is. Down 6 . The worst performer in the s p 500. Were not exactly off to a great start in the earnings season that didnt have very High Expectations anyway. Dealmaking activity for the year. Talk about the fastest pace weve seen pretty much in history. 100 billion announced in just the last 24 hours coming into todays session. So weve certainly got our eyes o...
June 21, 2024
Met this morning a 70 billion merger. Royal dutch shell buying bg group. Will this finally trigger energy . Tesla upgrades the model s with a starting price of 74,900. More features a larger battery has tesla shares moving higher in the premarket. It is earning season. Alcoa set to report tonight. Apple watch review season. Were going to preview both in just a minute. First up Royal Dutch Shell striking a me da deal to buy bg group. Shell says the combination would add 25 to its proven oil and g...
June 21, 2024
Downgrade, and Disney Cinderella casts a spell at the box office, but btig stepping in the role of the evil stepmother cutting to neutral after a volatile week on wall street the euro near 12year lows. A lot going on. A lot to watch. Yeah. I was kind of hoping that this would be a nonentity week because theres not a lot of companies reporting. But the companies that do report tend to be very big, like nike fedex. Fedex giving you a view of the economy on the same day that the fed speaks. And oil...