Oil has come up, what, 30 . Were above 40 as we go into this. And its the bigger picture. It definitely has been a big increase here and certainly a risk premium on the table. We are a little bit lower today coming from the headlines that the iranians are not sending their oil minister. You need an accord and if theyre not sending their top guy that could be a problem. Having said that. Our exclusive survey finding that 56 of the people that responded think there is more than a 50 chance that some deal is on the table but the majority dont think we go that much higher from here. But most of our respondents think that that, in fact, was the bottom for oil prices. What can we expect in the second half . They said 40 to 50 brent and wti will finish the year and that is drirget from where a lot of the street view is now. People are talking about 50 to 60, 60 to 70. Some people even saying 85. Who is holding all cards here. Its saudi arabia most certainly because they have a bigger interest
S p reclaims 2100 a lot to look at including coke and yahoo. Europes relatively mixed, oil is lower as the kuwaiti oil strike has now ended. But first up intel announcing plans to cut up to 12,000 jobs, about 11 of the work force, weaker demand for pcs ask that exclusive coming up in just a couple of moments. As we said we brought in jon fortt to lead this interesting quarter and interesting plans now for the future. Its really interesting, carl, because we just saw ibm report a quarter where they talked about weakness in latin america, particularly brazil doing some cuts overseas. Now intel coming in saying the pc market is weak, but also the Data Center Enterprise demand was weak, its cloud demand thats stronger. Makes you wonder overall when it comes to the end user whether that end user is sitting at home or in a business or even at a data center that the business controls, what really is happening to demand for devices that run on intel chips. Of course stacy smith, cfo is going t
No deal, Canadian Pacific walking away from the Norfolk Southern bid after norfolk resisted talks forever. And another Company Reportedly enters the fray for yahoo . The ted line for bids this week. Stocks are looking to rebound for the worst week since february. Alcoa due tonight. The president set to meet with fed chair yellen today to discuss the economy and wall street reform. And la and larry fink saying certain actionsi actionsi actionsi may lead to reduced spending and growth. An echo of what hes said in the past. Right. I think that were getting actual success in europe. No one seems to recognize that. I think three months from now, germany will say enough is enough. We want rates to go higher. Germany will prevail. The numbers that im getting, car registrations, employment, pmis from europe, theyre all strong. I think this is a backward looking letter. Really . Yeah. Other than japan. Japan, i dont know. I cant figure them out. Nothing seems to work. Tenyear negative 0. 796 fo
This family has shown us so much in these last days and has given us so much hope even amidst the pain. [ playing taps ] im sure i speak for the whole nation when i say to you that our hearts ache for you. We know who rafael ramos was. He was a father, a son, a brother and a husband. He was a new yorker. He was a new York City Police officer. And he was, he is, a hero. Hello, im Martin Savidge in for fredricka whitfield. This was a look at the sights and the sounds from the Funeral Service for Fallen Police officer rafael ramos. 25,000 Police Officers were there from across the country. Several people spoke at the service including Vice President joe biden. New York City Police commissioner bill bratton and mayor bill de blasio. As the mayor was speaking, some of the officers outside the Church Turned their backs. It was reminiscent of an incident last week. Officers turned their backs on the mayor after he came to the hospital after the shooting. They are expressing how he handled the