To put our content everywhere as long as we are paid for it yvonne we are all over the global conference with expert insights on the state of investment. Companies are not avoiding paying u. S. Taxes at all. Its off the table . Yvonne its all straight ahead on bloomberg best. Yvonne welcome. This is bloomberg best, your weekly review of Business Analysis from around the world. Lets start with the daytoday look at the top headlines. The week began with a bang as a huge merger imploded. Halliburton will have to pay 3. 5 billion after they call that their proposed merger. In the face of fierce resistance of u. S. Regulators and the justice department. For baker hughes they are going back to the drawing board and how they are going to go ahead. They are doing a 1. 5 billion stock buyback. I think the question now about them cutting costs, they say they can illuminate 500 million throughout the end of this year. I think the plan that management needs to prove to investors is how they will e
Im very excited for this week. We will get to that in a second. Pending home sales in february scarlet fu has all the headlines. Scarlett pending home sales coming in much higher than anticipated, 3. 1 gain in january on the yearoveryear basis of a 12 increase when economists were looking for an increase of 8. 7 . Pending home sales track the number of contracts in a given trade, seen as a forwardlooking indicator. Existing sales another report that we give you at times like this, tallied after forwardlooking indicators that could signal a busy spring selling season for the Housing Market in the u. S. We should mention the january numbers were revised lower even in the face of damaging weather here in the northeast. 3. 1 in february month over month the 12 increase on the yearoveryear. U. S. Stocks are higher and remain higher no Real Movement there, the dollar picking up a little bit for the dx why index. The 10 year yield and two year yield and twoyear yield remain lower, no real cha
Famous, then you were born ten years later and thats where goldie. I knew her well from all shoo hes on it since then. Im not going to bring up laugh in considering the Hawn Foundation is doing brain and meditation reseven. Shes come a long way. Her son. Oliver. Havent met the daughter. I know the son you probably wish you knew the daughter. Ive known you long enough. Before we get to all of that we have a roundup of this mornings top stories. Chinas lenovo is buying the low end service for 2. 3 billion. Ebay is pushing back at carl icahn, the activist investor has taken a stake in the company and proposing a spinoff of its paypal division. But ebay rebuffed the overture arguing that the unit would lose synergies with the overall ecommerce business. Ebay reported Quarterly Results yesterday with earnings beating the street by a penny. Shares of netflix soaring after the Company Announced it added more than 2. 3 million u. S. Customers in the Fourth Quarter. Netflix says it is testing d
The record. What a great record to beat. It is fairly amazing that there was so much legislation for show , like repealing obamacare, which had no chance, but they voted over and over on it. A new gallup poll out says that only eight percent of americans think congress are very high in ethical standards. Thatists are the only ones rank worse than them, and just above car salesman. Just above tv anchors. [laughter] and is one that we have heard for a long time. When you put the numbers of their work, or lack there of, it really shows. Lets stay in washington. There are more than a dozen tech executives, including tim cook and orissa meyer, headed to the white house to meet with president obama. Julianna goldman is with us right now. Some frank talk from the tech executives . Originally, the white house aboutd these guys to talk the administrations efforts to fix the healthcare. Gov website, but a pervert person the millionaire said that familiar said that they would not meet unless they
Like cal ripken on or off the field. Good morning, everyone. This is Market Makers. Proud to announce, yesterday, i was one of the four hundred 32 people this year to buy a new blackberry. Have a lot to talk about. With the keyboard. Two devices, still. But we have a big guest coming up. We do, indeed. Steve schwarzman is here, chairman and ceo, cofounder of twoblackstone group, almost hundred 50 billion, investing in everything from legoland theme parks to duncan hines cake mixes and rental housing in nevada, he just had one heck of a week. 1 billion more raised in secondary offerings. Thank you for coming. Good to be here. We will talk about that, but i want to begin where every good interview start, with a clip from the daily show. Lack stone, which doesnt sound like an evil wizards castle, but is actually a private equity firm, so same deal blackstone, which sound like an evil wizards castle, but is actually a private equity firm, so same deal. [laughter] pr can be hazardous to bus