There are concerns about cracking down on money transfers and that might dampen the demand for gambling. Analysts have come out and said maybe the concerns are overblown. We have seen these stocks in down across the board. They are sharply lower. Time now for our big story, deal or no deal. Top executives from comcast and Time Warner Cable are just finishing up on capitol hill, defending the 40 billion merger. Lawmakers are concerned about what it means for consumers and prices. Testifying against the deal before the House Judiciary Panel , cogent medications, rural media group, an american cable association. Yang yang joins us. What were the highlights . Clocking in at four hours, plenty of arguments on both sides. Understandably, it was david cohen, executive Vice President of comcast, who fielded most of the questions. He seems to be an old pro in these type of hearing. Before the senate last month. Theres only one question he could not answer, and that was whether or not the deal w
Good morning, everybody. You are watching the pulse. Live in london. Im guy johnson. Im francine lacqua. Turns onto tech for racing in the latest running shoes. We take you inside its innovation labs. And growing gucci. Were going to speak with the ceo about expanding his key brands. Ofthe gucci brand in terms creativity in the key categories is what it should be. We need to work much more on the communication side of the brand. We have been a little bit too much focusing on the products side. This has been done well. What a dream shot. By the side of the pool. That is how i want to run my business. You will hear more later on. Talking about nice places. All this morning, we are bringing you exclusive interviews from the ubs Wealth Management summit in davos. Manus cranny is there now. What themes are you hearing . Theme i have got so far from the morning is fear ye not. We have spoken to the cio from asiapacific. She said they will support the market is seven percent. But dont get ove
Spending. Reaffirmed of great caution. There is a huge optimism out there. Healthcare costs is driving gdp in the first quarter. At 11 00, we got the Kansas City Fed manufacturing activity. A lot of Economic Data and we will keep you up on that and earnings coming out for the bell, lenhard, conagra, and nike after the bell. Lennar came out and Second Quarter earnings. At 12 noon for the entire the merger surveillance team, terminal training class. Coincides with usa versus germany. President obama will speak in minnesota at a fundraiser. Secretary john kerry is in paris for middle east talks. What else do you need to know, soccer . Do we have a chance . There is a 72 chance the usa can advance into the next round. They dont necessarily have to win against germany. This is our twitter question of the day usa versus germany at 12 noon eastern time, whats your excuse . Lets do a data check a nice moving lower yields. Vxx is 11. 59 so a little improvement off of an ugly monday. Under 115.
Notice the location. I always like to say there is a bull market somewhere, i promise to try to find it for you here on mad money. Im jim cramer. I will see you tomorrow welcome to todays Worldwide Exchange. Im kelly evans. A touch disappointing. Thats the word on the street after sales growth slow in the Fourth Quarter. Shares are lower. And prudential stock is on the rise after the insurance giant raises the dividend by 16 on the back of better than expected fullyear profits. Plus a battle of the u. S. Budget plans. Senate democrats are set to unveil the answer to republican paul ryans deficit cutting proposal today. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. It looks like a touch weaker for u. S. Futures. Look at the action. The dow did manage just at the end of the day to eke out small gains yesterday and that means its been eight Straight Days of gains for this index. Can it be nine . Unusual. That would be the first time in 16 ye