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Are soaring today after earnings were going to have ben axler who was sure to tell us what hes doing with the stock now. First, lets get to our Closing Bell Exchange for this day with the dow up 78 points in record territory samantha is with us. Shes at post nine with steve grasso from Stewart Frankel and rick stan telly, im sure is still reading over the feds statement that came out an our ago. Its very extensive there. You know, steve, we were talking last week about how even when a Company Reported better than expected numbers, the move higher for that stock was limited whereas if they came in below expectations, they were punished greatly this week, a whole different mindset it seems whole different script. When you come in with different numbers i think this market is really, i use the word torqued i feel ....
Novozymes shares sink as Second Quarter earnings for the biotech firm miss across the board. But the ceo strikes a bullish tone telling cnbc growth rates are likely to pick up. Good morning tgif lets get to breaking news the Oil Market Rebalancing is underway but it could take time before the numbers confirm this trend. Thats according to latest report from the iea. Brent and wti crude prices this morning a little bit lower to the tune of 0. 9 lets get to Neil Atkinson in paris. Are we saying the first signs of backwardation . A little bit, because the market is slowly beginning to tighten. Markets are feeling confident that prices seemed to have stabilized a after nervous period a month or so ago and markets are tightening how quickly will they tighten furth further . Thats also a key question opec production is ....
You can see were about two points, a little less than that, above that number right now. I know well be watching for the next hour. Yes, we will. Thats for sure. An hour from now, all eyes will switch to another batch of key earnings. Take a look who were hearing from, facebook, at t, qualcomm, all out with their numbers. And our Julia Boorstin will be speaking with facebooks chief operating officer Sheryl Sandberg immediately after the earnings are released. Stay tuned to find out what she has to say. Leaning in with Sheryl Sandberg, coming up. Another twist in Rupert Murdochs efforts to buy time warner. We now may know just how high hes willing to go to win the bidding and reshape his media empire. Or do we . Could murdoch just be posturing . He named a number ....
Apple has its that were talking about. 17,000 and 2000. Some names ripping 230 on the big merck deal. Well talk about that coming up and big newsmaker interview coming up. Tyson ceo donny smith, thats right, hes breaking the bank and winning the bidding war for hillshire brands, paying a whopping 7. 8 billion for the maker of jimmy dean sausages, among others. Why was he willing to go that high . Well ask him about that and more in an exclusive interview. Thats a lot of pork. Also on closing bell exclusively Electronic ArtsCeo Andrew Wilson live ahead of the much anticipated e3 conference, making news at this hour as wilson tries to turn ea around. And buffeted by talks and Federal Reserve officials, the damage up as much as 45 points before turning briefly negative a few moments ago. Now its up about 12 points. Ta ....
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