U. S. But europe playing catch up to yesterdays rally. The gains over there, about 1 . Pmis looked pretty good too. Oil settling back after rising 9 of the past 11 days. Tip years around 1. 91. The first rate hike shouldnt come until the second half of next year. The deal in delivery space. Fedex buying tnt express for 4. 8 billion. Thats a deal that u. P. S. Failed at just two years ago. We do have the ceo of fedex coming up in a couple of minutes. Speaking of deals, also the largest lbo of the year informatica taken private, 5. 3 billion. Samsung sees profits plunging 30 but still better than what the street was expecting, as apple ramps up the release of the apple watch coming in the next few weeks. First up fedex make ago move to boost its presence in europe. The company agreeing to acquire dutch Package Delivery firm tnt express for 4. 8. The deal comes two years after u. P. S. attempt was blocked by european regulators. Well talk with fedex chairman and ceo fred smith this hour.
Testimony tomorrow. This retail story is interesting. Jcpenney beating on the upside, macys. Also cisco, earnings are due out one hour from now. Well talk to the ceo, John Chambers, joining me exclusively before he meets with analysts. Ciscos spending and the global economy. Youll get it here first. While the stock market enters an allnear high, the bit coin continues to set new records. What would a day be without a bitcoin story. Its around 40 0. Reports are china is helping to fuel this phenomenon, whatever the phenomenon is. The answer is is why theyre increasing demand. The answer to the question will be raising eyebrows along with the price of the bitcoin. A full report coming up. But wheres the money . Trading floor buzzing, meanwhile, because mike tyson is on his way over here. The controversial heavyweight champ will be here on the closing bell set for an interview about his rise, fall and now his rise again. Im excited about this interview. Mike tyson i know youre ready. In t
Consolation. Bless as well the men and women who serve our nation this day in our armed forces. May they and their families be assured of our deep gratitude for their service. O god, you have blessed every person with the full measure of your grace and given us the bounty of your spirit, lead us this day in the ways of peace. We pray for peace in our hearts , that we will be freed from selfishness or envy, that we will replace any enmity with goodwill and hatred with charity so we might lead lives of generosity and kindness. May there be peace in our world among all nations. May each nation sense its shared destiny and in a new spirit of hope and trust, one with another. Help us to be men and women without excuse and may all that we do this day be for your greater honor and glory, amen. The speaker pro tempore the chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1 the journal stands approved. The p
We continue to move to the down side. We should add as we enter this hour, were off about 41 points. The nasdaq, though, bucking that trend. We should show you the tenyear yield as well. Thats been up ten basis points today. That gdp number had a big impact on that. Its up nine basis points to 2. 55 , and the 30years 3. 2 right now, so moving quite higher. But im stealing oh, now its at 3. 30 , as a matter of fact, 3. 31, do i hear 3. 32 . Im stealing Rick Santellis. Troubling reports out of russia and ecrane, things that may be escalating. Stocks may have lost early gains on those worries. Well talk about all that coming up. Also, forget tax inversions. Now outversions are the new Corporate Tax trick. Oh, thats right, yeah. Youve got to look up on cnbc. Com. You wrote about that on cnbc. Com in a story thats getting a lot of interest right now. It involves companies spinning off their Real Estate Holdings into Real Estate Investment trusts, all, of course, blessed by the irs. Some sto
Were talking washington, dull will you explain, atlanta and chicago ohair. The editor who led the Washington Post through watergate passed away. Ben bradley s was 3. He was turning the postpone into a nationally respected paper when the postpone watergate stories earned a put letser prize and led to the resignation of president nixon. Posting thirdquarter sales that beatest mats and in a Conference Call Marissa Mayer said she is focused on maximizing value and will take a look acquisitions. We will continue to seek opportunities here and we will be smart about it. Marissa mayer seemed to to be sending a mess taj star board capital. It called for a breakup of yahoo and asked that the company quit making acquisitions. And daniel lobe is now targeting amgen. Therr calling for a breakup and lobe wants amgen split into one company with older drugs and one with new prospects. And carl icahn has nice things to say about a corporate sparring partner and pushing tim cook to boost a Share Buybac