Not this month. Home Builder Sentiment plunges as the unofficial start to the spring selling season gets under way. Is it a bad time for the Housing Market . We have all that and more tonight on nightly Business Report for tuesday, february 18th. Good evening, everyone, and welcome. Two big stories leading our broadcast tonight. One, disappointing earnings from cocacola after sales in north america lost some of their fizz last quarter. That sent the stock sharply lower. More on the troubles at coke in just a moment. The other big story tonight, a megamerger in pharmaceuticals. Irelandbased generic drugmaker activis agreed to by forrest labs for 25 billion in cash and stock. Come being t combining two of the fastestgrowing specialty drugmakers and possibly a harbinger of more in the health care industry. The ceo spoke today about the changing environment in the industry and the need to control costs. As our environment changes the pharmaceutical space changes, one of the things we know
Not this month. Home Builder Sentiment plunges as the unofficial start to the spring selling season gets under way. Is it a bad time for the Housing Market . We have all that and more tonight on nightly Business Report for tuesday, february 18th. Good evening, everyone, and welcome. Two big stories leading our broadcast tonight. One, disappointing earnings from cocacola after sales in north america lost some of their fizz last quarter. That sent the stock sharply lower. More on the troubles at coke in just a moment. The other big story tonight, a megamerger in pharmaceuticals. Irelandbased generic drugmaker activis agreed to by forrest labs for 25 billion in cash and stock. Come being t combining two of the fastestgrowing specialty drugmakers and possibly a harbinger of more in the health care industry. The ceo spoke today about the changing environment in the industry and the need to control costs. As our environment changes the pharmaceutical space changes, one of the things we know
Pot ash. And the german vice chancellor and head of the fdp party tell cnbc exclusively that the Ruling Coalition is right for germany. Also holding the title of economy minister, he lays out his support. It is hard for me to show there are no burdens for corporates or german smas. That means no increase in the substance taxes. Energy has to be affordable. Good morning, everyone. Emerging markets once again in focus today with the indian rupee falling to a record low and indonesia selling off quite sharply again today. Adam is in singapore with the details. Adam . Thank you very much. It was a particularly ugly picture in southeast asia. The epicenter of where the selloff was actually happening here today. The market you just mentioned, falling heavily for the second straight day, taking the combined two day losses beyond the 10 mark for this equity market, currently still trading. Off 244 points across the board. The Market Players in indonesia seem to be a lot concerned about the sel
It was like we were in the 40s and 50s. Stuart our time is up. Dagen and connell, it is yours. Dagen thank you, stuart. I am dagen mcdowell. Connell i am connell mcshane. The economy when it negative. Privatesector job growth offering some hope for the road ahead. Connell you only see this on the Fox Business Network. Elizabeth macdonald ringing exclusive video showing us how hospitals are putting money before patients. Dagen research in motion rolling out the blackberry ten. A bandaid for a gaping head wound. Connell i love name changes. Dagen lets go to Nicole Petallides at the stock exchange. Good morning. Nicole lets talk about the markets. The dow is down about 14 points right now. We have had the dow not too far off of 14,000. There are five year highs that we are sitting at. The dollar had broken through. You have seen the euro at 13 month highs. With this environment, you are seeing gold up 20. This is the market taking a breather. It does not surprise people on wall street. Le
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