The center of that story for weeks. Bob peck, the analyst with sun trust. Bob, its good to have you back. Thanks for having me. The board is considering a spin or a sale of the core assets or maybe other things. Whats most likely to happen . A couple of these. We think when yahoo did not receive its public ruling from the irs that that would be taxfree, but that was a material adverse change. The board right now is doing what it should do prudently looking at all the other options that maybe more taxrisk averse. With that you have a spin of the core and absolute sale of the core. You have a sale of the asset. You could even do a cash rich tax free spin with alibaba. Theres a bunch of alternative theres, and we think theyll ultimately look to maximize their sharing responsibility. Taking it a step further. Tell me what you think is likely. Probably most likely, most simple and we point in our note today, you could just flat out sell the core, which we think could generate 6 billion to 8
We are very, very happy to have congressman teeberry take over as vice chair. Welcome. I also want to welcome our distinguished chair of the Federal Reserve janet yellen and thank her for appearing before us this morning. This committee has a long tradition of receiving regular updates from the chair of the Federal Reserve and were pleased to be continuing that tradition today. U. S. Economy has struggled through a long season of at tted growth. Over that time, our economy has grown at a historically slow pace averaging 2. 2 per year. Some had suggested that a 2 growth rate is and will be the new normal for the economy. All of us should view these low Economic Expectations as unacceptable. The fed certainly has an Important Role to play in setting Monetary Policy. And that is where its focus should be. There will no doubt be discussion of fed policy and Interest Rates during todays hearing as Monetary Policy by the fed has been the norm for some time now. We should also be mindful that
Its on our website. Its very powerful. Particularly think the three things katie talked about if ou look at the nature of the terrorist against the United States its all of the above. Every tactic technique that could potentially be available has been aimed at the United States which is important when you think about countering that. When everybody has an easy button answer, seal the border or keep out the refugees or end the visa waiver program. None of these are the terrorists just move on to something else. So in your programs toupt be efficacious and have due diligence. But somehow the notion we put a plug in and the flood is stopped is a rally wrong way to do that. Youll do more damage in terms of freedom prosperity and own security by fixating on something, if you just put my Bumper Sticker up there this problem will be solved. Its a powerful tool. Mentioned today the report that we did the analysis of the administration Counter Terrorism strategy i still think thats a very impor
Cheryl in politics a new poll out shows that a majority of americans opposed Donald Trumps plan to ban muslims from coming into the u. S. Well have the numbers for you. Nicole if you are going to be traveling with that new hoverboard you better plan taking the train. Well have that story. Cheryl plus coming up in sports, the Arizona Cardinals and minnesota strike kings go down to the wire on thursday night football. It was a big night for one alabama running back. Well have all the highlights. Welcome to fbn am, latest in the markets and breaking news, what to expect for the day ahead. Nicole breaking news this morning the investigation into last weeks shooting rampage in San Bernardino shifting focus to a small lake in a park near the scene of the terrorist at attack. We will leave no stone unturned. The reason were searching this lake today because we did have a lead that indicated the subjects came into this area. We have now put a dive team into the lake as logical part of covering
Models, designers and powerbrokers turnout for the British Fashion awards. Welcome to countdown. It is 6 00 here in london on Tuesday Morning and a very good morning to you all. The man who could be the chancellor has been drawing up his economic battle lines. The u. K. Opposition finance spokesman told Francine Lacqua a referendum on britains membership of the eu would be a risk and that britain needs to stay in the European Union. That our economy is growing in a strong and Sustainable Way and to do that we need to stay a member of the European Union and europe has to reform. The walk away from the largest Single Market would be a disaster for british jobs and investments but we also have to win the argument of the public in europe and in open Trading Company can deliver for their company budgets. Moment have at the seen that our economy is not working for open people. What are the chances of the u. K. Leaving the eu . It is a real risk, if you have a conservative government in 2015