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Solarcity is a shameful example of the corporate gofr nance at its worst. This is a company headed towards financial distress and burning hundreds of millions of stress every quarter, and now a burden that the tesla shareholders will have to e bear. If you dont believe me, can consider this, the combined market drop in the value of both companies is more than the equity value of the deal itself which means that tesla shareholders believe that the t solarcity shares were worthless. Finally, it is hard for me to believe that this deal was not being contemplated when tesla and mr. Musk, himself, ...

Of average. Take a look at what this is doing to the markets at this point. Well, you know, weve we came back yesterday. You can see we are looking for a slightly lower open as of now. European markets already in session. And on the closing end of their day you can see kind of a mixed session over there. This is where we may see the most move is in the tenyear note yield. You might expect of course the expectation the feds going to move now in june has fallen dramatically. Will it even be july. There it is, the yield now 1. 72 . Weve been sitting of course a good 10plus basis points higher tha...

The energy is up over the last month or three months, and that is why we are here, right . It is a big portion of why we are here, and of course, a lot of folks have mischaracterized how much the American Public would save if you have basically took a look at the gasoline, judge, and figured that you would average family consumes 600 gallons through the vehicles and so forth through the year, and gasoline prices are up a dollar from the lows, and in m some parts of the country, they are, and that is 600 in additional what would have are been savings in the year earlier in january and now the s...

First we start off with apple shares falling 1. 5 as the country underwhelmed the developers conference. Josh lipton is there. Reporter melissa, the app store eight years ago had 500 apps. Fast forward to today, 2 million apps that have been downloaded. Some 130 billion times. Ceo tim cooks jobs keep these developers very happy. He started his key note today by talking to the thousands of developers about the companys products and platforms. Now we offer you four incredible platforms that power these worldchanging product experiences. Watch os. Tv os. Os 10. Ios. Were going to move each of the...

For many markets. The dax is up 1. 24. France is you will over a 1 so is the ftsi. And crude oil rising for the first time in seven days. Wti up by 66 cents. And also look at currencies. The pound making a sharp comeback this morning after tumbling to a more than two month low. Both the uk referendum campaigns have been suspended after the killing of jo cox. Gonna show the currencies because problem with the goes back to 1. 43 in watching it. The betting market, didnt get up to 70. Now i think the betting market was the pound. That might be a better indication of whats happening. Right. The on...