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CNBC Mad Money July 14, 2024

Underneath we saw a radical devaluation of all sorts of stocks we were forced to reconsider how much well pay for a certain amount of stocks now and certain amount of growth now and how much we will pay in the future or do we sell . Most dramatic example. This morning an activist group Elliott Management took a 3. 2 billion stake in at t, gigantic, and sent a letter to the board of directors stock trading at just under 37 they think they can get it to 60 plus by the end of 2021 if the changes are made that will be huge. At t has been a real lager at t blames ill advised decisions by management, like overpaying for directv what would the failed acquisition of tmobile which ended up jump starting their competitor with a gigantic breakup. With some changes elliott argues at t can be worth a great deal more than its selling for they want the company to distract itself from side businesses cut the fat. Emphasize changes. Stop doing ....

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CNBC Power Lunch October 29, 2014

This will move the market certainly. And in a crash test, it determines which cars are safe for you and your family. T tys out today so simon is my partner. Hi, simon. This is a historic day for the fed and we have key coverage up on every aspect. Diane olick on mortgage rates. Kate rogers on what it means for Small Business lending, Kayla Tausche and Steve Liesman on whether it really marks the end of fed bond buying. Lets start with our senior economics editor, Steve Liesman. Two years later, the fed set to end the bond purchases or quantitative easing that launched in the wake of the financial crisis. Now it stands at 4. 4 trillion. That compares to under a trillion before the crisis began and the plan is to keep it there for at least quite some time and the result ....

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