But cannot markets after the holiday weekend, feature showing it lower to flat opening for the market. Premarket s p flood down more than eight. European markets remain closer to asia overnight. Gains in the shanghai, the hang seng was closed. But then again, the crib to a currency bounces back whether it can retain its shine. Well talk about it. Controversy over it congresswoman seed in the air. United apologizing after booting a firstclass passenger for Texas Democrat Sheila Jackson lee. Airline response to the growing outrage over that move. The retail rebound weve seen christmas shoppers give pretty married this Holiday Season. All the numbers became pretty darn good. Their rush to a trillion, while baron says apple could hit the number in 2018. Jumanji sings into the Christmas Box office. We will see whether its enough to force the last jedi off the top spot. All of that coming up through the former Lieutenant Governor of new york. Betsy mccaughey is here, former fbi joint Terror
We, after kind of mixed not much going on yesterday. News of course a bit slow in some ways, european markets were open yesterday, many closed for both the christmas and boxing day holiday. You can see a mixed bag in europe, asia overnight also somewhat mixed. Lets get to the 10year note yield on crude oil and how were doing on both of those important market barometers. And you see wti down lets get to the road map this morning. It starts with the tax effect. More Companies Including barclays and shell outlining major tax linked changes to the bottom lines in the first quarter. The race is on for fed vice chair former bush era advisers reportedly in the running. Tesla t is in a direct challenging a tesla pickup could hit the road but does tesla already have model 3 problems . Stocks look to rebound from yesterdays decline. A number of companies reacting to tax reform. Barclays expects a writedown of 1. 3 billion on the annual post tax profits. Royal dutch shell sees a charge of 2. 5 bi
Late well tell you why. And later even the force cant save hollywood. Star wars is on pace to be the number one movie of the year. But it was a bad year at the box office. Well tell you why and what theaters want to do to turn things around in 2018. Good day at 9a starts now. Oh yeah g great music today. No doubt about it end this final work day of 2017 with a bank. It will be a party in the loft. Steve you miff it. Not that. The other song didnt mean to turn you on. We want to you turn us on and watch good day d. C. Thats the link. I got it. It is friday. Better mind sink in 2018. We just did get paid today. See. And it is friday. You know what, t tucker was talking last hour about weather songs and you write a song about one thing. Johnny chem many genius g right. You throw that song out and guess what, everybody from 20 years ago when it came out to 20 years from now youll want to get paid. Why not. Hopefully we leave in you good mood for 2017 our final good day of 2017. Thank you s
Negatively. The dow opened lower, the nasdaq lower by 6. We had a multibillion dollar deal. Teva acquiring allergan. We should tell you that teva is officially withdrawing its off for mylan. You may have remembered they made that offer as a hostile offer. It was not morninging. Mylan which located outside of the u. S. Became a bizarre beneficiary of moving outside because of the way the governments rules work abroad were they relocated it made it much more difficult for teva to pursue a deal. How do you think the mylan shareholders feel about the big fight . How do they feel this morning . In the immediate case i think that they cant be thrilled. Longterm, mylans ceo has made the argument and i actually buy it that theres more value to them reinvesting by reinvesting and being independent. So well see what happens there. Can i ask a really important question . Yes. Friends of mine would like to know. Does this get us any closer to a botox thats what friends would like to know . I have
Again. Bob iger joins us in a few moments. Apple looks set to continue. But Merrill Lynch adding insult to injury. And tonight tesla and fitbit coming out. But first up disney reported better than expected earnings. But they were hurt by slowed growth at the International Theme parks but still up more than 20 so far this year. And well have an exclusive interview with bob iger in just a few moments from now. Jim, you were up very early reading through the quarter, reading transcripts, i assume. You said today is the bears day. Well, i think a lot of it is selfinflicted pi disney. They gave a prediction which was a high single digit projection for cable. Its about 42 of their business and they missed the projection. When you set a benchmark and you underperform, even if its not as important as other things, you have to take the pain. And theyre getting punished for that. But lets find out. I mean, he certainly knows more. And for joining us is bob iger, lets go to it. You gave us three