Event with White Nationalist at texas a m. Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. Tomorrow, president elect donald trump plans to visit with some of the victims of the recent attack at the ohio state university. Immigration policies will likely be a topic of discussion during his visit to columbia. Yesterday, in North Carolina, the second stop on his thank you tour, mr. Trump also focused on National Security. Mr. Trump told the crowd in North Carolina that hell strengthen the countrys military and he officially named his choice for defense secretary. Roxana saberi has more. Reporter president elect donald trump continued his thank you tour in fayetteville, North Carolina, tuesday, vowing to fight terrorism. Its unseen, in many cases, but we are going to defeat that force. Reporter and make america safe again. We dont want countries taking advantage of us any more. We dont want to be what we have been
Us. He thinks oil has also bombed. This year hell lay out his case coming up. Also apple giving a nice boost to the dow today. In fact, its the best performer. Its up more than 4 right now after word gout out that Warren Buffetts company. Also Julia Robertson has reduced his stake. Lets start with oil prices rising. Goldman turning bullish. Previously one of the most bearish forecasts over the past year, now saying prices could go to 50 in the next half of the year because of an oil deficit interestingly enough. And the oil market has gone from interior soaring saturation to being so much earlier than expected. With us now is anthony row sanity. Its the highest since november, right, so clearly the market is moving in a more positive direction here but how stable is it . You know, thats the big question, kelly. How sustainable is it. Its up 700,000 barrel as day. The weak dollar are driving this higher. After the summer it remains to be seen. How did we go from such a huge surplus to a
Of the new york journal daniel venture as we are looking at the biggest gain in two days, and the nasdaq and the dow putting the tech back in the green which leads us to hp enterprise, and rallying after the posting First Quarter revenue, and plan to spinoff the Internet Services business, and david faber spoke with meg whitman this morning. Yes, carl. Investors are rejoicing a deal that was announced late yesterday according to the hp earnings, and that deal is involving the spinoff services, and two Computer Science corpse creating 26 billion in overall revenue, and owned 50 by the existing hp shareholders and 50 by the shareholder base, and that deal is going to take some time, and expect it to call in the end of march 2017, but it is a big deal for hpe, and it is having a positive response not only in that stock, but other Computer Sciences, because their enterprise value is comprised of the units taken over when they bought eds at 8. 5 billion, but importantly, hp did report earn
Assets, and there is to be another round, but verizon is said to be the frontrunner. Dennis, i naturally go to you fir first, and what does the size of the bid say, and any color about how this round is going . Well, i dont know if i have a lot of color necessarily, but what is important is that there are so many moving parts, and whether it is the patent portfolio, and how the assets of yahoo is structure and it is not the way of a straight action as we want to cover it in the press. So many moving piece, and we have to take it with a caution because the headline number may not be the thing that matters most by the board, but it is what they could fetch for the other assets and also how they structure yahoo japan and alibaba holdings. And with all of that in mind, how are we supposed to judge or evaluate the process if not just on the headline number . Well, we will have to wait and see what the final outcome is of course, and there are opotentially other bidders and private equity bi
Restructuring and lowering guidance. Shares of valeant are down sharply this after an earnings miss and sharply lower guidance. Well give you the latest on the stress theyre feeling over at valeant. And the viacom saga continues. A hearing is taking place right now in massachusetts. Weve got the details. But first up, futures rising a day after comments from janet yellen propelled the s p to its highest level of the year. The fed chair expressing optimism about the economy and said she sees rate hikes ahead but gave no timetable for a tightening. If incoming data are consistent with labor Market Conditions strengthening and inflation making progress toward our 2 objective, as i expect, further gradual increases in the federal funds rate are likely to be appropriate and most conducive to meeting and maintaining those objectives. She did call the jobs number concerning, disappointing, raising questions. Feds going to wrestle with it and drop that phrase in the months ahead. Right. Well,