Eu Investment Plan saying its more than just moving money around. The money we are putting forward today comes from what already exists. Shares in thomas cook plunge after ce oharery green forced to pack her bags. And investors buying into europes Online Fashion retailer after orlando beat Third Quarter sales. Sdwla youre watching Worldwide Exchange, bringing you Business News from around the globe. And welcome, everyone. It may be a short week due to thanksgiving. But that does not mean its been a busy week. Much more important. Hello. Hello. How are you . Got a its fantastic, yeah. Absolutely. A new couple of days, right . Were going to have fun. Wilfred is doing the slightly earlier show. Im doing this one. I have one this afternoon. Were all over the place. As massively busy week. We were saying this week is crucial when it comes to all the data. Absolutely. Especially when you talk about opec. In the last 30 minutes, in fact, irans oil minutester has called on unity from opec amid
We begin with the markets looking to burn through more records. Plenty of fuel after Third Quarter Economic Growth gets revised higher. Results came in shy of the missed performance. Asia hurt by slowdown. The night of protests in ferguson, missouri, after a grand jury decided not to indict Police Officer Darren Wilson. Economic growth was greater in the Third Quarter than the government originally thought. Gdp up 3. compared with 3. 5 . Latest results suggesting upwards revision of business and consumer spending. Data one day after the dow and s p closed at record highs. Apple finishing at an alltime high. Market value almost to 700 billion. Pennies away from doublie ininie tim cook took over. The average gdp back above 2. One thing i think people feel is why did the market get up here . Dave and i were talking about you have to be skeptical. If our country is the strongest country in terms of projected growth on earth with the possible exception of india, i dont know. Maybe india, ma
Big news in m a. Berkshire in deal to buy duracell. Walmart cautiously optimistic for q4. Cisco out with earnings topping estimates. The Company Sales forecast sends the stock lower. Ciscos chairman John Chambers is going to join us in a half hour. First up, buffet is making a bet on batteries. Berkshire hathaway agreeing to buy duracell from p g. Terms call for 4. 73. In the release adownsing the deal, buffet said, im always been impressed by duracell as a consumer and longterm investor in p g and gillette. Duracell is a leading global brand and will fit well in Berkshire Hathaway. He sat on the board. The stock had run up in anticipation of something big. This was not big enough for some of the shareholders. Proctor up about 10 this year. I think people were expecting big cash pay day or maybe a spinoff it. Dont think people should sell proctor down. This is a quintessential cash cow company. I think everyone knows the brand name is good and he likes brand names. P g might be down on
Happening. Stocks are moving higher at this hour. It feels like investors are shaking off fears about the debt standoff between europe and greece, but folks, the action is really in oil. Prices plunging again after the International Energy agency warned of more selloffs in the near term. We begin with fears in the bond market. Were talking about, yep, puerto rico, and its debt crisis sending its bonds to record lows. Why does it matter to investors here . Many hedge funds and big Bond Investors have exposure to puerto rico. Kate kelly has more on the fallout. Big legal news the last few days on puerto rico which has been struggling with over 70 billion in debt as well as highend employment and other Economic Issues for some time now. On friday a federal judge blocked the islands efforts to restructure certain debt through a new law known as the recovery act that was passed last summer. The law was intended to help agencies like for example, the purity wroe ricco electric Power Authorit
Money. A thousand dollar dresser for 79 bucks . This morning, hes revealing the secrets that could put money back in your pocket. Its not unusual carlton is the king of the ballroom. Alfonso pulling out all the stops with his champion partner, witney. Overnight, all the finalists flying crosscountry to tango into times square. Gmas dancing with the stars after party starts right now. Good morning, america. Here we come, new york. And we do say good morning, america. The day before thanksgiving. Good to have George Stephanopoulos back with us from st. Louis. And your interview with officer wilson getting headlines all across country. We had to do it from a secret location. Because hes still in some fear. But he really wanted to get his story out. Spend more than an hour with him. Answered every question, no restrictions at all. Well get to that in a moment. But it is the busiest travel day of the year. And a huge storm coming up the east coast, making driving and flying a little tricky