Thats the highest since june. Road map begins with twitter shares in the green after the Company Plans to cut 9 of its Global Workforce, better than expected results in the Third Quarter. Plus, qualcomms buying nxp, its the Largest Semiconductor deal in history. Steve mollenkopf will join us late ner a cnbc exclusive. And tesla shares moving higher after reporting a surprise profit setting a new record for quarterly revenue. But first up, twitter announcing plans to cut 9 of Global Workforce as part of restructuring. The company also posting better than expected Third Quarter results, monthly active users up 4 million from the previous quarter. Mobile representing 90 now of total ad revenue, which rose 6 from a year ago. And they go into the Fourth Quarter, jim, which they said on the call is the strongest for ad spends. When you sit down and take a look at the numbers very closely, it is still a mix. I can tell you that the Fourth Quarter guidance is a miss. U. S. Is only growing at 1
Oil is back below 48. Our roadmap begins with more volatility after last weeks postbrexit rally easing capital requirements. Plus, tesla deliveries come up short. The stock is down 4 . And the u. S. Are passing sued i arabia and russia in oil reserves, and falling below 50 even in the wake of those terrorist attacks in saudi arabia. Both oil stocks and futures moving slower than Economic Growth after the u. S. Equity markets posted their best weekly of the year. The dow and the s p gained 3 . Last week we used the term roller coaster a lot. And i dont know if you noticed, europe is having a banking crisis. Ground zero is italy, theyve had some issues again with month i depashi, and theyre not dramatically lower, and the situation and what triheyre gog to do with the recapitalization. They could hurt a lot of individual bond holders. Crisis is the right word . Italy is having a banking crisis. Many of their banks are bankrupt. The question is how. January 1, all the rules change. You ha
They all did dip into the red earlier. Strongerq has been the of the three averages. We saw a shift in tone after we got the august isn numbers showing an expansion of the Services Industry at the slowest pace in six. 5 years. 6. 5 years. That caused a Ripple Effect across the market. Take a look at the bloomberg for how that is shaking out among the various groups. Stocks on thecom ride. Tilly companies tend to do well. Financials are lower in tandem with lower bond yields. I mentioned energy as well. , oilf the strongest groups has rebounded bit. There is a deal in the pipeline energy. Acquirednergy has been in a 28 billion deal. It is an all stock deal. Pipelineping the other companies. You are seeing them on the rise as the steel happens. We are watching a relatively smaller deal. They are buying yates petroleum. That is 2. 8 billion. That exposes expands their presence in the delaware basin. That is coming from morgan stanley. Withare signing a deal Subsea Services for that compan
Commissioner hillis, here. Commissioner moore, here. Commissioner johnson. Seventyfirst dprrgz items proposed. Item 120150000988 cwp. Interim controls related to mission plan 2020 is proposed for continuance to january 1, 2016. Items a and b [inaudible] 24 ord cort conditional use authorization and variances have been there is request from had project sponsor to with draw. There was a full public hearing and the commissioners adopted intent to disapprove and continue to november 19. From the september 24 hearing there was a longer time period for the continuance to allow the project sponsor to alter the project in some fashion, so if there is consensus to allow the withdraw then there needs to be no action, otherwise well need to continue the motion of disapproval can be brought before you. Commissioners on your regular calendar, item 9, for case 20s 15, 00011449 redefine formula retail to include subsidiaries. We received a re quest from supervisor mar to continue this matter into mid
120150000988 cwp. Interim controls related to mission plan 2020 is proposed for continuance to january 1, 2016. Items a and b [inaudible] 24 ord cort conditional use authorization and variances have been there is request from had project sponsor to with draw. There was a full public hearing and the commissioners adopted intent to disapprove and continue to november 19. From the september 24 hearing there was a longer time period for the continuance to allow the project sponsor to alter the project in some fashion, so if there is consensus to allow the withdraw then there needs to be no action, otherwise well need to continue the motion of disapproval can be brought before you. Commissioners on your regular calendar, item 9, for case 20s 15, 00011449 redefine formula retail to include subsidiaries. We received a re quest from supervisor mar to continue this matter into midin an. I recommend jan 21. I have several speaker cards on items 1 and 9. Thank you. Georgia [inaudible] larry badne