Good morning warm welcome to Worldwide Exchange. Im wilfred frost. Im Contessa Brewer in for sara eisen welcome back from texas thank you had a great team with me a lot of stories to cover. Hope you had a relaxing weekend off of what was a busy week lets look in on the Global Market picture comes off a pretty decent end to august when you consider the amount of negative news markets werent under pressure as much as perhaps the headlines for the month may have suggested a slightly positive day towards the end of last week markets in the u. S. Were closed yesterday for labor day. Theyre starting just in negative territory we were not negative around the world today, but we were negative a bit yesterday the dow down 42 points or so in the premarket. Tenyear treasury note for you which has been stuck below the 2. 2 level, had a belief flirtation below 2. 1 , but at the moment back in the middle ground between the two handles, 2. 15 . Lets look at asian equities now. Acraoss the board a mix
Hurricane irma is a category 4 sthoorm cou storm. The path is still you unseuncer puerto rico and florida are areas of interest. Here are the big corporate stories. United technologies buying Rockwell Collins for 23 billion. Under the deal, rockwell Share Holders will receive 140 per share in cash and stock. Thats an 18 premium to the Closing Price on august 3rd. The Companies Say the Aerospace Systems segment would be combined to create collins Aerospace Systems which would save 5 billion by the fourth year of completion greg hayes will join our colleagues on squawk on the street later this morning that happens at 9 30 a. M. Eastern time. Lego announced plans to lay off 8 of its work force lego reporting a 5 drop in revenue for the first half of the year the company said most of the 1400 job cut also happen s wille end of 2017. And Rovio Entertainment is planning an ipo. The mobile games studio will list shares in helsinki in a move looking to boost growth the Company Finally returned
Are quite high end quote and that they represent quote potential dangers. Yeah, i think her comments contributed to one more nasty session, dow plunging 86 points. Nasdaq tumbling 0. 40 . Everyone is entitled to their opinion. That doesnt mean i think everyone should express that opinion especially when they run the Federal Reserve and the topic is stocks. Why do i say that . As a grizzled veteran of the markets i know this can be unhelpful. I remember in december of 1996 when Alan Greenspan panicked many talking about how stocks are suffering from irrational exuberance. How did you do if you listened to greenspan . Forget the fact that you would have missed out on one of the greatest bull runs. The dow was at 6308 and now its over 17300. Come on. Same thing happened in july of last year. When janet yellen herself said that valuation metrics in some sectors particularly biotech and social media and i quote, do appear substantially stretched. Hmm. Howd that go . Okay, at the biotech was
Self-Healing Coatings Market worth $10 4 billion by 2028 Globally, at a CAGR of 34 2%, says MarketsandMarkets™ einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Dubai World Trade Centre (DWTC) continues to connect global business communities by organising and hosting internationally recognised meetings, exhibitions and conferences, as it gears up for what is anticipated to be one of the city’s busiest events seas