This astrazeneca oxford. I do say at this point, carl, you get the pfizer news about germ germany. What you have to watch is the crawl underneath there will be endless buying and things like vaccine inc. And im seeing buying of glaxo i think people want to calm down i have sorrento tonight. Not all news are good. 100 companies doing vaccines and lets take a breath because other things including a stimulus which is needed if the vaccines fail. The analysts are not discouraging traders or investors from trying to play the vaccine race jpm cuts moderna run and no one is preaching a message of slow and steady wins the race here. Nova just continually up. People who love these. Mark cuban had some great comments, carl people who come to this market, initially were in the early phase of this, but people who cannot resist. When i get up at 4 00, 3 30, theyre in there buying these stocks i dont know who these people are, but theyre having the time of their life and i just hope they take someth
Expected. A bit of a poll back from where we were in the service industries. 56. 2. The thing you want to see is growth in new orders. They are still strong. Not where they were. They had grown to 55. 4. For fridays jobs report, an encouraging sign. It looks like the Manufacturing Sector is holding. The Service Industry sector is holding. The was economy is a bright spot in the world. The u. S. Economy is a bright spot in the world. Glitzy of this somewhat positive news helped the market find some legs lets see of ee if this somewhat positive news helpeds the market find some legs. Nowhere near the kind of volatility we saw the first four days of consecutive losses since 2003. While equities appear to have stabilized, there is a quick snapshot of whats happening in the dow industrials. That is not the case in treasuries and oil. The 10 year continues to drop lower. Cap messing yields like this since october we have not seen yields like this since october. Oil crude continues to sell of
The roadmap begins with the markets looking to recover after logging their worst february start since 1982 for the dow and for the s p. Michael kors trounces estimates while jcpenney reports its first quarterly samestore beat in years. The parent of kfc, pizza hut and taco bell adds its recovering from the lingering fallout of food safety concerns in china. And apple is reported lie by the wall street journal and quietly laying the groundwork for a vast internet infrastructure capable of delivering a lot of data and content to consumer. The dow tumbled 326 yesterday and growing concerns of a weaker u. S. Economy surrounding emerging market worries and the nikkei down 42 overnight and the worst loss in nearly six months. That index is down i think 15 for the year to date, jim. Rough, rough. Terrible. When i see adella, your man might be in there. Your man, no one knows him very well. Exactly. Were out of data. Weve had nothing but notsogreat data. Its going to snowstorm tonight and this
We will see what their calculations are showing for this week. And investing in intellectual property. The founder of round hill music will be with me. He owns the rights to multiple beatles songs. He is paid every time they are played. How he makes decisions on what to buy. 16 billion crossborder deal that has implications for 11 on Hedge Fund Manager. Suntory Holdings Offering 16 billion for americans beam. Pershing square is the largest shareholder for beam. We do not know exactly what the basis is, but filings show 670as probably around Million Dollars. It is a big price for the deal. If you look at a premium, a premium over where the stock was trading. Not only that, if you look at it basis,ltiple and ebitda a comparedimes ebitd to the medium of these kinds of deals, which is 12. A fairly expensive deal. Suntory is an eager buyer. Its home market is mature and it needs to expand outside of it, hopefully taking some very Popular American brands, like makers mark, to other countries