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Unsolicited stakeover bid led by anbang insurance group. Well give you the latest. United airlines ceo back to work today but the activists are not cutting him slack. Whats ahead for munoz and the airline at large. Starwood is up sharply in premarket trading. They received a takeover proposal from chinas anbang insurance. Its worth about 75 a share in cash. The board of starwood says it is not changing its recommendation at this point and supports the companys planned merger with marriott, but they have a waiver from marriott that will allow them to negotiate until thursday. People familiar wi...

A very warm welcome to Worldwide Exchange, im wilfred profit. Along with susan lee sitting in for sara eisen. Good morning. Lets get straight to the markets. Futures why not a decent end to the week. A very strong rally friday as people digested that ecb decision and decided it was positive risk assets. Today, theyre looking at profit taking. The dow by four points, s p by about 5. Nasdaq by 10. Following strong gains on friday, not too much of a correction expected today. A quick look at the tenyear note, interestingly, back close to 2 for the treasury, highlighting that riskon sentiment that...

Starwood. Well talk to marriotts ceo, arnie sorensen. The president in cuba raises questions about Economic Opportunity there. And were hours away from apples highly anticipated event. Well look at what to expect. Valeant has been halted for the past half hour or so. As becky pointed out, mike pearson leaving the company. Ackman to the board. Predictable or not, jim . No. But there hasnt been much that is predictable. Theres a mea culpa note from Lehman Brothers taking the price target from 135 to 134. Taking numbers from 10 the reason i point this out is because the numbers are all of the map...

Josh lipton is on the ground there with the very latest. Josh. Reporter new products announced today, including a new smaller version of the ipad pro. Remember, apple executives billed the ipad pro as the future of personal computing and said for many people the ipad pro can replace the pc. Take a listen to what apples Paul Schiller had to say. There are over 600 million pcs in use today that are over five years old. This is really sad. It really is. These people yes. To really, really benefit from an ipad pro. Reporter we know that the ipad faces real structural headwinds and consumers moving...

Im wilfred frost. Good morning to you. Well get straight to the Market Action and have a look at futures at this hour. They are pointing lower, albeit not too much given decline elsewhere in the morning. The dow is down 38 points. The s p 4 points and the nasdaq down by 6 points. Well have a look at numbers elsewhere in the world. Europe is down to the tune of about. 2 ,. 3 . Not too significant. Germany down 2 after gaining 4 last year. We should keep that in mind when the ftse was up. Oilproducing nations failing to agree on a supply freeze at meetings in doha over the weekend. Some are blam...