Page 17 - Technology Drive News Today

Courtney gibsons what did you make of the feds comments and reaction right afterwards . She said what she had to say. End of the day you have to give a little bit of value. She has seen amazing data. I think they want consistent data thats positive. Right . Its been somewhat up and down, trending in the right direction. But she does have to say be consistent around that team. Does your expectation for a fed rate hike change today . No. Expecting what . To hike this year. Ive said that the past y...

Good morning. Happy friday. Welcome to cnbc. Im sara eisen with don choo. Been in all week. Its been great to be here. Filling in for wilfred frost. Hell be back next week. It is new music friday. Kicking your day off with brand new brittany spears. Sounds the same. She can pump me up though. More brittany news later in the show. Lets check in on Global Markets. U. S. Futures another mini selloff yesterday. Importantly, the nasdaqs first back to bake daily decline in two months. Were flat this m...

Answering questions today for the first time regarding that massive price hike for the epipen. Its a device needed by people in case they suffer a severe allergic reaction. Surely you must understand the outrage somebody i talked to last night said people are outraged because it seems outrageous. This is the same product it was in 2009 but yet the price has gone up 300 or 400 fold. No one is more frustrated than me. But youre the one raising the price. How can you be frustrated. Theres a list pr...

10year note yield around 1. 6 and crude oil the story as oil prices down, as you see it right there. Maybe we get the fed moving before the end of the year, right as we come out of the jackson hole meeting. A look, though, at wti. Lets get to our road map this morning. On this late august monday. Mylan, the controversy continues. The Company Announcing a generic version of its epi pen. It is going to be enough to satisfy critics and congress . The herbalife Hedge Fund Drama man here we are, year...

Here. The company in question is called china evergrand group. Its hong kongs second largest developer. You put out a report in 2012, i have it here, some 61 pages or so in which you say the company was insolvent, used bad accounting and said it was a ponzi scream ay mong other allegations. In rendering its decision last week, this hong kong tribunal said, i quote, mr. Left consciously disregarded the risk his report was false and misleading as to material facts, reckless in conduct. Whats your ...

Thats largely on the back of currency moves. Shanghai is roughly flat. Hong kong is up. 5 . European equities. The ftse 100 is the only major average that is in positive territory. We did see a better than expected q2 gdp number for the Second Quarter. That was up. 6 from the last quarter. 2. 2 from the last year. Thats going into the brexit vote. Take a look where we are on crude. Brent still below 50 a barrel. Wti about 47 47. 18. We are getting job onning from opec numbers. Nothing is too cer...

When they quit, theyre basically saying, youre fired. Kota longboards will come up short. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This is the profit. Lets go to work. Mike i want to go over the shape. We may...

Behind it. We have a Pretty Amazing resurgence here, and that didnt happen. And what were seeing is the Big Companies in tech, and we thought what he was going to go away are all printing large amounts of money. And many of these companies have 500 million to a billion Customers Using multiple products, and so with all this cash, all this your data. Theyre going for it essentially. In prinding money, but also in doing massive research. Were living in the age of massive advancement unlike anythin...

High and oils worth watching on a cautious note. Best buy surging. Hows the turnaround plan looking now . Oil pulling back. Why goldman sees little upward price action for about a year. Toll brothers on the rise. What their report tells us about the housing market. But first up, the big surprise in best buys quarterly results. Up point 8. Guidance goes higher for the coming year. Its funny. A lot of people were expecting this would be a story about gaming, maybe weaker and cell phones maybe weak...

Im brian sullivan. Heres what else is happening at this hour. We are keeping a close eye on tesla shares. Why . Because elon musk tweeting, the company will make some kind of a big announcement within the next couple of hours. Kwou will hear it the moment it happens. Plus, the president just arriving in baton rouge. He will be touring floodravaged neighborhoods and is expected to make a statement later on this hour. And oil jumping on speculation that iran may be willing to overlook its feud wit...