Generally, quite high. Now, they are not so high when you compare the returns on equitys two returns on safe assets like bonds, which are also very low, but there are also potential dangers there. Emily yellen also said that they could see a sharp jump if the fed raises rates. And the Time Warner Cable deal, calling for more diversification in the business. Mr. Wheeler we do not have a lot of competition, especially at the speed that are important to the consumers of online video. A fully competitive marketplace would bring with it the intense and constant pressure, pressure to improve just as it did in the days of cable dsl competition. More competition would be better. Emily at that same show cablevision ceo james dolan said he wants the cable tv market in new york to consolidate. Tesla shares are rising in afterhours trading. The electorate carmaker saying revenue rose to 1. 1 billion dollars, while the Company Reported a 154 million loss. Tesla says it is on track to deliver 55,000
Repeatedly said, communicate quickly about our monetary policies so we do not take markets by surprise. Emily she spoke of the institute for new economic thinking in washington. Shes is on deals could see a sharp jump in the fed raises rates. The ecb has increased the cap on in emergency cash available to greek lenders. The limit was raised by 2. 3 billion, according to people familiar with the decision to the Ecb Governing Council is debating whether to tighten rules on further greek assistance as the greek bailout cost remain talks remain stalled. Pharmaceuticals Company Buying another committee for a . 4 billion in cash and stocks. The deal allows alexion to expand its drugs for Rare Diseases and help the committee reduce dependence on its blockbuster drug. The deal sent shares of both companies in opposite directions as analysts question whether alexion is overpaying. Google is getting deeper into finance. Sungard data systems will use Google Software to provide deep analysis of Fi
Up 45 , and the company turned a 464 million profit. There are lingering concerns about alibabas ability to up international revenue. Chairman jack ma Just Announced a hiring freeze. There are concerns with their relationship with the Chinese Government, which said they are saying they are not doing enough to crack down fraud on the site. I spoke with the new ceo, daniel zhang, a former accountant, who went from c. F. O. To c. O. O. And now ceo. I asked him what he plans to do differently and when alibabas Management Team will stabilize. Daniel we changed the leadership in our fields. We believe that today is the right time for us to bring the young generation to the leadership. As you know, alibaba this is a long journey. We need the young generation to participate in the leadership and lead the company to the next part of journey. Emily how will you bring more talent into the leadership and management roles . Daniel today if you look at our key Business Units and all the leaders are
Oil under 40 bucks. Tenyear slipped below 1. 9 on a weak adp jobs number. Godaddy shares pricing above the expected range. Well talk to the ceo after the first trade. Simon properties withdrawing its offer for rival mall operator macerich after it gets rejected like we told you they would. Walmart Holding Investor Day at nyse putting pressure on suppliers joining the religious freedom debate. Futures are lower. Data from adp showing the private sector added 189,000 jobs last month, a miss. It was a mixed First Quarter for stocks. The nasdaq was the big winner up almost 3. 5 . S p up more than. 4 . Like the nasdaq posting its nintendo consecutive quarterly gain. The dow did finish the First Quarter in negative territory after the drop yesterday of 200 points. Earlier on squawk, sam zell believes stocks in fact overprized. Theres a significant and growing disparity between the stock market and the economy. Almost every company is turning in numbers that are less than expected. Revenue pa
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.