Battle, the head of one of the largest brokers has a major warning about crypto currency, he says it would derail the economy. The ceo of interact i have briv will break it all down nelson peltz winning a seat on the board of Procter Gamble the stock is higher by as much as 3 in after hours david faber broke the story and will be here shortly this is a company that declared victory on the initial vote count and here we are, a reversal of fortunes, tim. They declared victory they said they thought she could work with mr. Peltz team. You have to wonder if we havent already done a lot going into this in other words, i think the entire proxy fight was at least something that illuminated some of the key issues of this company. These are not new stories. Its about unlocking value and brands that in some cases have gotten stodgy and a company that might have more value. Even after the company declared its own victory, a lot of analysts were saying this is a clear message to david taylor, the
In honor of facebooks latest results, were throwing it back with the most liked singers on theocial site. Good theme. I dont know who this is. Do you . No. Selena gomez im told. Most of the averages yesterday ended little changed after the fed pointing to a higher start this morning. S p futures up 4. Dow futures up 33. And nasdaq futures are up 3. The big stock to watch today will be facebook. Shares under pressure, this despite a much better than expected 77 increase in earnings. Results were once again driven by strong growth in the mobile ad business. But analysts say investors are worried about whether the company can keep up the growth. Company warning again about that. Much more on facebook when we speak to gene munster. A look at the Global Market picture. First japan closed for greenery day holiday. Other asian markets, seeing red on the screens of hong kong and shanghai, down about a quarter percent. European borses looking good. For the week so far coming into today, up abou
You can almost, i can see my breath out here just a little. Probably not all the best lighting out here. You can actually see your breath this morning its so chilly out here. Perfect day for baseball though if youre headed down to nats ballpark. The diamondbacks are in town. We stuck it to them last night. Lets hope we can get another good day. Little breezy and cool. No chance of a rain delay today. Tomms baseball game may be affected by that. Four things today, breezy and cool, heavy rain in the morning, cool and shower ri, cloudy and chilly sunday. Inner loop after old georgetown road, that is a work zone happening around blocking the right lane to connecticut avenue. Rest of the beltway looks just fine. Up top you can see all of those routes into town and out of town dont have any problems. Bottom of the routes looking good. Live picture for you 301 at branch avenue looking nice and clear. See you in a few minutes. Aaron . Melissa, 5 02. Any moment we are expecting a big announceme
Morning. Thank you for being up early with us. Yes, were looking at a very nice sunday. First alert meteorologist krystal klei is here with your neighborhood forecast. Today is another great forecast. If you didnt get out yesterday afternoon, you have another chance. Here are our current conditions. 64 degrees right now in philadelphia. Only 54 in parts of the pennsylvania suburbs. 59, new jersey. Upper 50s for the Lehigh Valley and 60 right now in delaware. You see a nice mix of sunshine and some scattered clouds overhead. Thats what weve got the rest of today. Not talking totally blue skies but we will see plenty of sunshine throughout. Heres the radar satellite view. The grayish color you see is the overlay of clouds in the area. Its scattered in nature. If we pull it out wider, you see there are more clouds to come for today. Not really any rain though. There is rain, though, far enough west that by tomorrow well start to see the chance of heavy periods of rain, thunderstorm activi
And he just bought more today. Hes going to give us the name and, chances are, you might own it too and black rocks terry sims son said the trump trade is on, quote, life support. So what does that mean for the rally . But first, we start with what seems to be the magic words for this market, tax cuts. Every time someone from the Trump Administration utters those words and recommits themselves to be the agenda, the market takes off after paul ryan said the party is unified on tax reform during a town hall last night the dow having its best day since april. Soaring nearly 200 points. As the markets soar, the volatility index sank. The question is tonight, do you continue to buy stocks on hopes of tax reform and how much higher can this market go . Guy great to have you on board. Maybe what everybody was thinking about in the past. Whats the question were going to attempt to answer my answer would be yes weve been pretty steadfast in that belief. Brian kelly about a week ago at the heigh