Biggest gain since june of 2012. Crude prices rallying. Now 6 as you can see to 47. 41 on west texas crude. Weve given back some gains. The gains we saw on the settle. Nevertheless, enough po move theto move the markets off the low. Meanwhile, its the hottest ipo weve seen in some time. Were talking about shake shack. Up 132 or nearly 28 from its opening price. The burger destination causing a big commotion in the neighborhood. These are the lines outside until just about an hour ago. They had set up popup locations for the ipo assignment. They were free, open to the public. We both couldnt believe how long this line was. Look at it there. Stretching all the way down broad street. The valuation i read for where were trading on shake shack, 26 27 million per outlet. Not bad. Well watch as they continue to expand. By the way, guys down here on the floor arent too maple leaf. They didnt get those shake shack burgers. They didnt get them. Jpmorgan was the lead underwriter for the deal here
National security, because their hard work helps to keep us safe. The president speaking to the nations governors. 30,000 employees would be furloughed, putting their paychecks on hold. And 80 of those employees will have to show up for work paycheck or not, because services are deemed essential. St. Louisbased stifel buys stern agee for 150 million in cash and stock. The deal combines two of the largest brokerages. Stifels ceo says the addition will help the wealth, income and fixed management divisions. Motorola mobility is working on phones and tablets for googles upcoming wireless service. It will allow google to compete directly with major carriers. Google owned Motorola Mobility until early last year. Google wallet will come preinstalled on new android phones. Shares of the online textbook rental company up the big in afterhours trading for chegg. Digital revenue includes advertising and learning services up 71 , making up a third of revenues. And more importantly, chegg can exit
Your economy and it will have a direct impact on Americas National security because their hard work helps to keep us safe. The president speaking to the nations governors. 30,000 employees would be furloughed, putting their paychecks on hold. And 80 of those employees will have to show up for work paycheck or not, because services are deemed essential. Birmingham alabama faces stern ag for 100 and 50 million in cash and stock. Stifels ceo says the addition will help the wealth and, and fixed management divisions. And google working on phones and tablets for googles upcoming wireless service. It will allow them to compete directly with major carriers. Google owned Motorola Mobility until early last year. They also bought the Google Wallet service. Google wallet will come preinstalled on new android phones. Shares of the Online Rental company up the big in afterhours trading for chegg. Digital revenue includes advertising and learning services up 71 , making up a third of revenues. And m
Slowing down traffic. Subjects it to title 2 regulation. 32 along party lines. Today, after a decade of debate in an open and robust yearlong process, we finally have rules to ensure that the internet stays fast, fair, and open. Over the next 20 minutes we will have an indepth discussion on net rules to ensure neutrality and what it means for global business. Peter cook caught up with Steve Wosniak who attended the vote and had these comments. I believe in the the internet was so beautiful when it first came, even when it was dialup it was such an open and Free Expression forum. And over time it started getting closer and closer to getting clamped down. Decisions were made by the gate keepers. And do we trust them and we trust them to make decisions . No. We need some kind of supervision of their bad behavior. Are they likely to make deals and take breebs . Give somebody preference on their channel, thats a bribe. So youre confident that the rule today will ensure an open and Free Inte
Francine we are getting news and the sovereign wealth fund, i know. Guy johnson 5. 3 as stocks rallied around the world with the Norwegian Wealth Fund having a nice First Quarter. It is the end of the First Quarter and 2. 3 in real estate. Breaking out, asset allocation. Francine the company cut the forecast. What a share reaction, losing 6 billion. It tanked. Look at the share price. The company was trending on its own site for the wrong reasons. The numbers were leaked and the investors were aware of the growth. You are not profitable. You are not giving us enough. 74 looks like a nice number. Versus the estimate and the company that used to post double the growth remember this is not the membership of facebook. It will be up and they wanted more why only now. We will see growth about 60 for the whole year. Is this a worry that they are not. How can you substantiate . How can you provide that money when you are not seeing profit coming through . He spent no less than seven hours on t