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Now boeing is the most expensive stock in the dow, when it cascades, close to 10 bucks a share, disproportionately has a weight on the dow. Accounting for half the loss were seeing in the dow about 135 points. Roughly half of that is just boeing. Meanwhile the Justice Department is ramping up a probe into big tech. Here is what is amazing, the nasdaq is in record territory, it is doing that without the likes of amazon, apple or google. You dont see that very often. Were awaiting a new statement from the the new Prime Minister of britain, Boris Johnson, indicating he will go full speed ahead with the plans to break away from the European Union by hook or crook within the next 60 days. Well see what happens on that front. Deal or no deal he wants out. First to the ....
Market bets. And the loser is price waterer house cooper apologize for their oscar mistake as la la land is accidently announced as the winner in a spectacularer best picture mix up. Lets get back to our top story. Al shares in deutsche exchanges deal appears in danger of collapsing, this after the British Group said the European Commissions was unlikely to approve the deal. But why . Here from frankfort to talk us through the latest developments. Reporter the latest is that lsu is dejected to divest a part of the italian business which the e. U. Commission is demanding. The lsu putting out a statement saying they couldnt comply with the latest demand from brussels. This would actually not go through the regulatory business in italy and also that wouldnt really help their extending in italy. So thats exactly where we are now, that brussels is demanding further action from ....
Rise. Less concerned about as may have acquisition. Overpaying. A lot of the shareholders who own fox are shareholders in time warner. So while you want to high bid for time warner, you dont want fox to overpay if you own both of these stocks. People were expecting strong numbers out of time warner to so it could profits case. How is this for a good morning for you . Stocks down just before those earnings come out. And at the same time, rupert has a history of overpaying, right . When you look at the write down that he took on the wall street journal, but ultimately financially he paid a lot of money for it. So shareholders are going to go along with that. Theres a comment in the newspaper this morning which is the new and improved Rupert Murdoch that hes learned his lessons from prior battles. I doubt it. He had less power. He would love to do that. The shareholders couldnt call a meeting earlier, that this was going be something ....