Masters all weekend . Erik i didnt, actually. Stephanie you should have. Erik i watch some. Amazing performance by mr. Spieth. Tying a record set by tiger woods. We are going to start you off with the top business stories of the day. An activist investor is targeting qualcomm. Asking qualcomm to think about spinning off its chipmaking unit. Shares of qualcomm are down 11 over the past year. Here is where they are today. Breathing a little life into qualcomm, but not enough to recoup all of the losses. Meantime, in china, exports unexpectedly fell by the most in more than a year. That adds to concern over chinas growth. Next stop, iowa. That is where Hillary Clinton is headed as she begins her Second Campaign for the white house. She ended the suspense over whether she would try to become the first female president. She used a video to announce her candidacy. I am running for president. Americans have fought their way back from tough economic times. The deck is still stacked in favor of
Noon. Heres a good place to start. Is in advanced negotiations to acquire all the lucent. It would help no p. M. Compete with eric help nokia compete with ericsson. Calpers had an increase of 6 over last year as the value of its portfolio rose by 8 . Shares of profits have more than tripled since the recovery brought on by the recession. Walt disney is investing in a Steven Spielberg film the bfg. The bfg. It is based on a terrific childrens book. If you havent read it, it up. Pick it up. There are less than 60 minutes to the close of trade. Scarlet fu had and i on some of the late action. Scarlet weve been drifting around in search of earnings before tomorrow. Cautious trading in europe helps to set the tone. Tomorrow, jp morgan, wells fargo, j j, intel reporting. Ahead of that, down slightly for the nasdaq s p, and doubt. The fix is moving up, which shows the increase in prices investors are willing to pay. It is just below 14 right now. You gave us some great approaches him a dollar
Miller with headlines. Matt on the east coast, a deliberate act to destroy the airplane. A Prosecutor Says black box recording shows the copilot on the flight locks the pilot out of the cockpit and then flew the plane into the french out. The ceo of german wings a few hours after having heard this we can only speculate on the motivational the copilot. I would like to very cautiously say this is by far the most terrible event in our company. Mats bryce robin identified the copilot as a junior pilot who started flying in 2013. He passed all of his tests and was fit to fly. Saudi arabia and its sunni allies have launched airstrikes in yemen which at the airport and a nearby military base in the capital. This comes as rebels advance on the port city which is the stronghold of the embattled president. The yemeni president has arrived in riyadh am a saudi arabia. The strike sent oil prices higher, hitting their highest price in more than a month with new york crude well over 50 a barrel. In
Headline this morning. Breaking news in the investigation of the german wings crash. The french prosecutor speaking right now saying the descent of that airplane could only have been voluntary. The planes commander was locked out of the cockpit. He can be heard trying to break down the door to get back in. The Prosecutor Says the copilot was breathing right up to the point of impact. Investigators do not know why the copilot did not respond. Neither pilot has been identified by name. The airbus almost this new graded on impact. The flight data recorder was damaged. The airbus almost decent integrated on disintegrated on impact. Bombing shiite military installations the rebels control major cities and forced him as president to flee. Forced yemens president to flee. The attacks are infuriating iran. Military action from outside yemen against territorial integrity and against the many people will have no result but bloodshed and slaughter of the people. As we have seen, a lot of people w
We are watching remarks from janet yellen speaking at 915 9 15 eastern time. First, a look at our top stories this morning. Facing new pressure by the days end. Looking at pushing tougher collateral rules on the banks. Those need the ecb to stay afloat. The greek finance minister is meanwhile up the. To have fruitful discussion to confirm and will be yet another move in the direction. Thank you very much. Betty it will be able to make intelligent way Million Dollar payment due today. The price of oil is rising again. Intermediate trading advertised level this year. Some analysts think u. S. Companies have cut the number of active oil rakes to the fewest in almost five years. We will see whether Oil Inventories are rising when the report comes out. It that will be watched very closely. Agreeing to buy another drugmaker that focuses on treatments were rare diseases. The company says it will pay nearly 8. 5 billion for bio pharma of connecticut. Synergy the is developing similar drugs. Th