Stay updated with breaking news from Chris ressler. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
And shanghai up 18 points. The dax up by a half percentage point. Similar gain for the cac in france the ftse in london up by a similar amount the yield in the to twoyear, up 1. 763 also look at gold prices because they were under some pressure yesterday gold down about 1. 6 1,27 1,279. 50 lowes is recording 1. 05. Above the estimates of 1. 02. Three cents above estimates. The revenue number that im looking at, at least sales, 16. 8 billion thats a bit above looking at this forecast company sees fiscal year eps of 4. 20 to 4. 30 if thats not an adjusted number, its below the 4. 50 on the estimate here. 1. 05, three cents ahead. The company is supposed to earn 87 cents next quarter that would have gotten the company to 4. 50. They beat it by three, so they only need84 cents in the fourt quarter to hit that number maybe thats adjusted. If its not adjusted, its below the forecast maybe theres something there. The adjusted number may be different than the 4. 50. Looks like theyre lowering ....
Good afternoon. We have the best reporters in the business tackling this massive news day for you. Bob pisani is live at the new york stock exchange. Eamon javers is standing by on capitol hill. Lets start with john harwood live outside of trump tower. John . The president elect, donald trump, had his first News Conference in months since july, actually. And he addressed a wide range of controversies that have been dogging him over the last several weeks. Lets start with a bit of policy news. You heard about the or you eluded to the farmna npharma ne. On obamacare, he wants a virtually simultaneous replace and repeal process, so that within even the same hour or the same day or couple of days that they would offer an obamacare replacement plan to a company, the repeal process. He said he would announce a new Supreme Court justice, his choice for that position within two weeks ....
The rallys sales. We only need a gain of about eight points for a new high. Were already up 60, and thats even off the highs of the day here, kelly. Thats right. So, were sitting at 17,120 on the dow. There are reverberations from yellens remarks, particularly in biotech, down today. That may speak all more to the strength were seeing across the Broader Market here. Obviously, keeping an eye on the big names involved in the mega deal you mentioned, we should note right off the bat, shares of fox are down almost 4 . Shares of time warner are surging today. Cnbc first to report that Rupert Murdochs 21st century fox is trying to buy the company, even though time warner is saying no. Murdoch is apparently pressing. We will speak with former universal chairman bob wright, who knows all the players involved here, about how this might play out. Will murdoch add to his empire . How ....
Back after the tenyear hit a sixmonth high earlier in the session. We talk to pimco chief officer scott mather in just a few minutes. And treasury yields across the pond as well have had a huge gain. Also that picasso painting sold at auction last night, a record 179 million. Economist norle ra lle lle Nouriel Roubini will be here. He thinks some people use expensive art as a form of Money Laundering, unquote. Hes at it again. Hes dr. Doom of the art market. With an hour to go in the trading session, the dow is down about 18 points. Again, fall back into positive territory. An ounce of downward pressure only a little bit. The s p and nasdaq giving up 0. 2 right now. 4 points and 10 points respectively. That level for the nasdaq 4983. Lets talk about this in our Closing Bell Exchange for this tuesday. Chris ress ....
Also, the executive pay firestorm continues to burn. Our becky quick is at ground zero of the dustup about cokes pay plan. Speaking with both Warren Buffett which is cokes largest shareholder and David Winters, the man who brought this issue to life. A lot still developing on this story. Is coke backing off or not on that executive pay plan . Becky will give us the very latest with bust with buffet and winters. Boxing great Floyd Mayweather was supposed to be but cancelled at the last minute without a reason. Im happy today, he says, im coming back and, boy, do we have a lot to talk about with mr. Mayweather including the big fight tomorrow. Also, his plans to try and buy the l. A. Clippers, even while praising the clippers embattled owner Donald Sterling. Dont mi ....