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In a defiling that it now owns 7. 5 of the food giant which makes oreos, ritz crackers and wellknown brands. Whats unclear is what the investor wants to do with the company. Ackman wanted the snack maker to grow revenue or cut costs or sell itself. Mondelez, for its part says they will welcome them as investors in the company. Ackman joins nelson peltz. His firm holds a 3 stake in mondelez. Well show you whats going on now in the premarket trading as a result of this and you wouldnt be surprised to see that they are sharply higher. What does he want to do with the company . He wants the stock ...

It will have erased the gains of the year. Courtney reagan has more on whats exactly happening. One trader i talked to said there is no one sudden catalyst. Just a lot of things were seeing thats making this a be generally riskoff trade. If weve broken through sew key Technical Levels. Specifically on the s p 500. The next level we are looking for is 2,067. Well see if we break through or hold above it. Consumer discretionary, health care, telecom are the biggest drags. Energy is actually higher and crude oil which continues to fall. Despite all the retail news and movers in the Consumer Discr...

Who are they that just became overnight billion sglars this morning they are rich beyond most peoples wildest dreams. And the movie austin powers may have said it best. It theres two things he said i hate, its racists and the dutch. The dutch speedskating coach making dramatic statements about the good old usa right here on cnbc. Listen. Skating you have to believe in yourself, like american always do, americans always believe that theyre right, always believe that they are the best. Yeah . But thats not true. All right. Hes a firekraeshg pfirecracke coach. Wait until you hear what he had to s...

Crude oil will watch, as well, down 6 of the past 7 weeks. As we mentioned, our road map begins withal ibm. A deal to offload the chip business. Markets feeling the impact of that ibm news. The dow has been dragged lower but the s p holding on. Is this a setup for another volatile week . And as it fprepares to launch after the bell, apple launches a catch. Premarket, the dow component reporting 3. 68 a share. Well below forecast of 4. 31. Sales fell across several divisions. Ibms chairman and ceo Ginni Rometty say theyre disappointed in the performance and will pay 1. 5 billion to take over ib...

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