Percent. Shanghai stocks down by close to 1 a decline of more than nine tenths in europe there have been some green arrows the dax is up by. 2 the cac is up by a quarter percentage points. Stocks up in italy, spain and london crude oil prices which ended last week just shy of 59 a barrel, check this out right now, down by about 44 cents. Still, wti trading above 58 at 58. 51 a barrel. Now this morning the big news of the day. Publisher meredith buying time, inc. , for2. 8 billion thats the price meredith will pay 18. 50 for time, inc. It publishes wellknown magazines such as time, peopl people. Meredith received 650 million a lot of people raising questions about what this means. Raising 650 million in backing from the billionaire Koch Brothers, charles and david koch are widely known for supporting conservative causes. They say the magazine business is a good investment in the press release koch industry says it will not have any seat on merediths board and will have no influence or e
Francine on assignment. Vonnie news out of saudi arabia, japan coming back online, lots to talk about today. Tom the quiet after a big jobs day, huge in decision on what the fed will do. Vonnie listening to some more fed speak this week. We will be getting bank of england inflation expectations. Tom i didnt know that. Michael mckee and will join us in this hour to pick up the pieces. Monday, to our bloomberg first word news. Heres vonnie quinn. Tonie in his latest attempt prevent a u. K. Exit from the european union, David Cameron said that the u. K. Has a National Interest in preventing future conflicts in europe and that requires staying in the eu. I understand why many people are wrestling with this decision and why some peoples head and hearts are torn. I understand and respect the views of those who think we should leave even if i believe they are wrong and that leaving would inflict real damage on our country. Vonnie the british referendum on the eu is june 23 and we are expected