Headlines are moving stocks much higher were going to dig into those. And driving the action this week, media disruption well get the Details Behind hbo max, friday is the launch of appletv plus, and disney plus launches next friday so all of this week on closing bell, were going to take a deeper dive into the strategies, investments, and personalities behind the changes happening in media. Today, well talk to billionaire, ted leansus, the owner of Washington Wizards and capitals about the value of live sports thats all coming up after the bell its going to be a very big show here today and joining us for the hour is stephanie link fr stephanie, it looks like today is kind of steady as she goes, it seems like we have a deescalation of the trade war and fundamentals of earnings actually moving some stocks. You hit it perfectly, actually good start to the week trade tensions seem to be easing a bit. Earnings so far, 50 of the s p 500 have reported. Theyre beating by 2 , i know against a
Then actually our revenues are slightly up versus the First Quarter of last year. The Analyst Community was looking for was a sign that you had client balances back to levels we would have seen last year,. Especially your prime brokerage have you got that . Our prime workers business, we have recovered 50 of the bells we lost in the Fourth Quarter of last year. Not yet fully back. We see this in all businesses. When we need to be mindful of the fact that when clients come say, lets reengage, it is not that the following morning you report new revenues. It takes time to work on transactions. Take corporate finance. In reality what we are seeing is revenue in the First Quarter of this year is largely stuff we worked out in the prior quarters. See a lot of reengagement of clients across all business lines, or you can see some immediate effect in Asset Management, new assets and wealth management, that you can see immediately. Prime brokerage. When you compare with the Fourth Quarter of la
Thanks to Courtney Gibson for being here and all of you for watching. Power lunch starts right now. We wont let money be wasted anymore. Those word weiss just heard from President Trump. A big budget meeting is being held right now at the white house. Well talk about that and so much more with Grover Norquist. Americans for tax reform. Are we finally going to get it . Get ready for serious sticker shock at the Grocery Store. Imwill President Trumps immigration plan hit as hard as some may think . Made in america is alive, but far from well according to one sector. Two busy hours of power starts right now. Once again, welcome to power lunch. Im tyler mathisen. Down. 7,. 6 for nasdaq. In the green today. Today is the 51st session that s p has failed to move in either direction. Heck of a stat, tyler. Thank you very much. I am brian sullivan. Exist i existing home sales, number tripling expectations. Wow european antitrust regulators are set to okay dow chemicals 130 million merger with d
Hillary clinton releases a comprehensive health check after sundays scare. Fineoctor says she is in mental and physical condition. Follow me on twitter at rishaadtv, use trendingbusiness. Malaysia just starting their session. We have a look at what is happening so far. Yes, midautumn festival time. Taiwan not online, closed. China closed as well. Hong kong closed tomorrow. Singapore remaining close. Malaysia is flat on the open. We are seeing losses across the region, the sixth session for the regional index, not helped by that makes to lead from wall street. We continue the selloff in the oil market. The nikkei down, the worst performer in our region today. We have seen the again fluctuate a little, a one week low. From severalorts sources that we could see the bank of japan push further into negative Interest Rate territory when it meets next week. A few stocks we are watching, particularly japan. Jumping the most in five years as mitsubishi malls a a tenderfer mulls offer. We have s
Now. Lou good evening, everybody. President obama back on the campaign trail to push his state of the union message, his socalled year of action. Today beginning with the signing of an executive order to expand federal job training programs. President obama himself admitted his proposal lacks anything that could be scribed as a new idea. President obama so what were going to do is review all of the federal job training progrgrams and were going to be supporting local ones. Lets find what programs are working best and let stickel due them andxpand them. Lou it would worry some of the presents doesnt already know which programs are working and which do not. The president s remarks included somewhat of a bizarre shot at higher education. Mr. Obama telling his audience that college is just not necessary for success. A lot of young people no longer see the trades and skilled manufacturing as a viable reer, but i promise you folks can make a lot more potentlly with skilled manufacturing orth